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Fortive Corporation (NYSE: FTV) |
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Price: $54.7350
$-1.08 
-1.926%
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| Day's High:
| $55.46500015258789
| Week Perf:
| -4.92 %
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| Day's Low: |
$ 54.51 |
30 Day Perf: |
-11.26 % |
| Volume (M): |
266,802 |
52 Wk High: |
$ 65.00 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$56.37 |
| Open: |
$55.45 |
52 Wk Low: |
$47.21 |
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| Market Capitalization (Millions $) |
17,121 |
| Shares
Outstanding (Millions) |
313 |
| Employees |
10,000 |
| Revenues (TTM) (Millions $) |
4,736 |
| Net Income (TTM) (Millions $) |
544 |
| Cash Flow (TTM) (Millions $) |
-536 |
| Capital Exp. (TTM) (Millions $) |
105 |
Business Description
Fortive Corporation is a diversified industrial technology company that was founded in 2016, following a spin-off from Danaher Corporation. Headquartered in Everett, Washington, Fortive operates globally, employing over 17,000 individuals across various locations and industries.
Business Segments and Portfolio
Fortive engages in a range of sectors through its two primary business segments: Professional Instrumentation and Industrial Technologies.
1. Professional Instrumentation:
- This segment focuses on electronic measurement, instrumentation, and calibration equipment catering to multiple applications. It targets environmental monitoring, electrical power management, and gas detection.
- The segment also provides related services, including training, calibration, and repair to ensure the optimal operation of its instruments. Key brands under this segment include Fluke and Tektronix, recognized for their high-quality testing and measurement solutions.
2. Industrial Technologies:
- Fortives Industrial Technologies segment offers products and services that enhance the safety, efficiency, and precision of industrial operations. It includes sensing technologies for fluid management, gas detection, electric motors and drives, engineered products, and additional services for calibration and repair.
- Prominent brands such as Gilbarco Veeder-Root and Qualitrol are part of this segment, providing innovative solutions for industries such as automotive, aerospace, healthcare, and utilities.
Strategic Focus and Growth
Fortives strategic emphasis is on building a differentiated portfolio of industrial technology businesses characterized by strong market positions and robust customer relationships. The company aims to achieve growth through both organic efforts and strategic acquisitions.
Recent acquisitions have included:
- Advanced Sterilization Products: This acquisition broadened Fortives presence in healthcare by enhancing its infection prevention solutions.
- Gordian: This company specializes in construction cost data and software solutions, providing Fortive with capabilities to support the construction and engineering sectors.
Financial Performance
Fortive has demonstrated strong financial performance marked by consistent revenue growth and disciplined financial management. The company boasts a solid cash flow generation capacity, allowing it to invest in acquisitions, initiate share buybacks, and provide dividends to shareholders.
Management and Future Positioning
The management team at Fortive thoroughly understands the industrial technology landscape and possesses a proven track record in executing its strategic objectives. Given its established foundation, diversified portfolio, and commitment to innovation, Fortive is positioned to continue delivering value to its customers and shareholders in the years ahead.
Company Address: 6920 Seaway Blvd Everett, 98203 WA
Company Phone Number: 446-5000 Stock Exchange / Ticker: NYSE FTV
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| Stock Performances by Major Competitors |
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| Announcement
Published Tue, Jun 3 2025 8:31 AM UTC
In an era defined by relentless competition and the pressing need for operational efficiency, Fluke Reliability and Treon have announced a groundbreaking partnership poised to revolutionise industrial asset management. The collaboration, unveiled in Everett, Washington, on June 3, 2025, aims to transition customers from a reactive approach to maintenance towards a more proac...
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| Business Update
Published Sun, Dec 29 2024 5:06 PM UTC
Fortive Urges Stakeholders to Reject TRC Capital s Mini-Tender Offer Amid Revenue Fluctuations In a strategic move aimed at protecting shareholder interests, Fortive Corporation (NYSE: FTV), based in Everett, Washington, has publicly advised its shareholders to reject an unsolicited mini-tender offer from TRC Capital Investment Corporation. TRC is seeking to purchase up to 1...
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| Announcement
Published Fri, Dec 13 2024 9:00 AM UTC
The solar energy sector is at a pivotal juncture, poised for significant growth and innovation. Recent findings from a Fluke survey underscore the sentiment among Original Equipment Manufacturers (OEMs), technicians, and installers who are largely optimistic about the future of solar energy. However, the survey also reveals notable challenges specifically, a pervasive gap in...
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| Announcement
Published Thu, Dec 12 2024 5:30 PM UTC
Harnessing Data and AI: Overcoming Barriers in the Solar Energy SectorThe solar energy industry is on the brink of a transformative era, propelled by burgeoning innovations. However, a recent survey conducted by Fluke Corporation highlights critical challenges that need addressing to fully exploit the industry’s potential. The survey reveals that while optimism abounds am...
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| Announcement
Published Mon, Dec 9 2024 6:58 PM UTC
In today s rapidly evolving digital landscape, maintaining seamless connectivity is more crucial than ever. As businesses and individuals increasingly rely on robust network infrastructures, the introduction of advanced troubleshooting tools becomes paramount. Enter Fluke Networks, a leader in innovative network analysis solutions, which has recently announced a game-changin...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
1.51 $ |
| Revenues (TTM) |
15.14 $
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| Cash Flow (TTM) |
- |
| Cash |
1.14 $
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| Book Value |
19.47 $
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| Dividend (TTM) |
0.25 $ |
| Efficiency
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Current |
| Revenue per Employee
(TTM) |
473,590 |
| Net
Income per Employee (TTM) |
54,370 |
| Receivable Turnover Ratio (TTM) |
6.59 |
| Inventory Turnover Ratio (TTM) |
4.76 |
| Asset Turnover Ratio (TTM) |
0.36 |
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| Per Share |
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| Earnings (TTM) |
1.51 $
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| Revenues (TTM) |
15.14 $ |
| Cash Flow (TTM) |
- |
| Cash |
1.14 $
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| Book Value |
19.47 $ |
| Dividend (TTM) |
0.25 $ |
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| Healthcare |
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 30.01 % |
of total Revenue |
| Industrial Manufacturing |
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29.41 % |
of total Revenue |
| Energy Infrastructure |
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16.72 % |
of total Revenue |
| Government |
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7.86 % |
of total Revenue |
| Retail |
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8.21 % |
of total Revenue |
| Other |
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7.87 % |
of total Revenue |
| North America |
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59.38 % |
of total Revenue |
| Asia-Pacific |
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18.22 % |
of total Revenue |
| Europe Middle East and Africa |
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17.95 % |
of total Revenue |
| Latin America |
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4.53 % |
of total Revenue |
| Intelligent Solutions |
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69.56 % |
of total Revenue |
| Intelligent Solutions Healthcare |
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1.14 % |
of total Revenue |
| Intelligent Solutions Industrial Manufacturing |
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28.98 % |
of total Revenue |
| Intelligent Solutions Energy Infrastructure |
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16.72 % |
of total Revenue |
| Intelligent Solutions Government |
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6.98 % |
of total Revenue |
| Intelligent Solutions Retail |
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8.21 % |
of total Revenue |
| Intelligent Solutions Other |
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7.52 % |
of total Revenue |
| Intelligent Solutions North America |
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41.24 % |
of total Revenue |
| Intelligent Solutions Asia-Pacific |
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11.92 % |
of total Revenue |
| Intelligent Solutions Europe Middle East and Africa |
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14.04 % |
of total Revenue |
| Intelligent Solutions Latin America |
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2.36 % |
of total Revenue |
| Advanced Healthcare Solutions |
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30.53 % |
of total Revenue |
| Advanced Healthcare Solutions Healthcare |
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28.87 % |
of total Revenue |
| Advanced Healthcare Solutions Industrial Manufacturing |
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0.43 % |
of total Revenue |
| Advanced Healthcare Solutions Government |
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0.88 % |
of total Revenue |
| Advanced Healthcare Solutions Other |
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0.35 % |
of total Revenue |
| Advanced Healthcare Solutions North America |
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18.15 % |
of total Revenue |
| Advanced Healthcare Solutions Asia-Pacific |
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6.3 % |
of total Revenue |
| Advanced Healthcare Solutions Europe Middle East and Africa |
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3.91 % |
of total Revenue |
| Advanced Healthcare Solutions Latin America |
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2.17 % |
of total Revenue |
| Products and software |
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80.56 % |
of total Revenue |
| Products and software Intelligent Solutions |
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56.71 % |
of total Revenue |
| Products and software Advanced Healthcare Solutions |
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23.86 % |
of total Revenue |
| Services |
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19.52 % |
of total Revenue |
| Services Intelligent Solutions |
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12.85 % |
of total Revenue |
| Services Advanced Healthcare Solutions |
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6.67 % |
of total Revenue |
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On February 7 2025 the Fortive provided following guidance
nnFortive Corporation Reports Robust Financial Performance for Q4 and Full Year 2024; Outlook for Q1 and FY 2025 Announcednn
Everett, Washington – Fortive Corporation (NYSE: FTV) today shared its impressive financial outcomes for both the fourth quarter and the entirety of 2024. The company reported net earnings of $209 million for the fourth quarter, alongside adjusted net earnings of $406 million. This translates to diluted net earnings per share of $0.60. When considering adjusted figures, the diluted net earnings per share rose to $1.17 for the same quarter.
In addition to strong earnings, Fortive noted a year-over-year revenue growth of 2%, reaching $1.62 billion in the fourth quarte...
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4.82%