Market Capitalization (Millions $) |
30,364 |
Shares
Outstanding (Millions) |
356 |
Employees |
18,000 |
Revenues (TTM) (Millions $) |
6,065 |
Net Income (TTM) (Millions $) |
866 |
Cash Flow (TTM) (Millions $) |
1,180 |
Capital Exp. (TTM) (Millions $) |
108 |
Fortive Corporation
Fortive Corporation is a diversified industrial technology company that was founded in 2016, following a spin-off from Danaher Corporation. It operates across multiple industries and business segments, primarily in sensors and instrumentation, professional services, and industrial technologies. The company is headquartered in Everett, Washington and operates globally, with over 17,000 employees.
Fortive's portfolio of brands includes well-known names such as Fluke, Gilbarco Veeder-Root, Tektronix, and Qualitrol. Its products and services are used in a broad range of industries, including automotive, aerospace, government, healthcare, and utilities. The company operates through two main business segments: professional instrumentation and industrial technologies.
The professional instrumentation segment provides electronic measurement, instrumentation, and calibration equipment for a range of applications, including environmental monitoring, electrical power, and gas detection. This segment also includes services such as training, calibration, and repair.
The industrial technologies segment provides products and services that improve the safety, efficiency, and precision of industrial operations. This includes a range of products such as sensing technologies for fluid management and gas detection, as well as electric motors and drives, engineered solutions and products, and services such as calibration and repair.
Fortive's strategic focus is on building a portfolio of differentiated industrial technology businesses with leading market positions and strong customer relationships. The company has achieved this through a combination of organic growth and strategic acquisitions. Recent notable acquisition include Advanced Sterilization Products, a provider of infection prevention solutions for the healthcare industry, and Gordian, a provider of construction cost data and software solutions.
Fortive is known for its strong financial performance, with consistent revenue growth and financial discipline. The company has a track record of generating strong cash flows, which it uses for acquisitions, share buybacks, and dividend payments. Fortive has a highly experienced management team with a proven track record of executing on its strategic objectives, and it is well positioned to continue delivering value to its customers and shareholders in the coming years.
Company Address: 6920 Seaway Blvd Everett, 98203 WA
Company Phone Number: 446 - 5000 Stock Exchange / Ticker: NYSE FTV
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