Fortive Corporation (FTV)

NYSE: FTV · Real-Time Price · USD
69.61
-4.68 (-6.30%)
Apr 3, 2025, 10:13 AM EDT - Market open
-6.30%
Market Cap 23.69B
Revenue (ttm) 6.23B
Net Income (ttm) 832.90M
Shares Out 340.29M
EPS (ttm) 2.36
PE Ratio 31.48
Forward PE 18.28
Dividend $0.32 (0.43%)
Ex-Dividend Date Feb 28, 2025
Volume 306,163
Open 71.25
Previous Close 74.29
Day's Range 69.52 - 71.72
52-Week Range 66.15 - 85.79
Beta 1.17
Analysts Buy
Price Target 87.18 (+25.24%)
Earnings Date Apr 23, 2025

About FTV

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions... [Read more]

Sector Technology
Founded 2015
Employees 18,000
Stock Exchange NYSE
Ticker Symbol FTV
Full Company Profile

Financial Performance

In 2024, Fortive's revenue was $6.23 billion, an increase of 2.75% compared to the previous year's $6.07 billion. Earnings were $832.90 million, a decrease of -3.80%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for FTV stock is "Buy." The 12-month stock price forecast is $87.18, which is an increase of 25.24% from the latest price.

Price Target
$87.18
(25.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Fluke Survey Reveals Growing Trend with 55% of Companies Outsourcing Solar Maintenance, Citing Critical In-House Skill Gap

Survey of 400+ OEMs, technicians, and installers also reveals 75% commit to long-term outsourcing of solar maintenance Survey of 400+ OEMs, technicians, and installers also reveals 75% commit to long-...

23 hours ago - GlobeNewsWire

Fortive to Present at J.P. Morgan 2025 Industrials Conference

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that James A. Lico, President and Chief Executive Officer, and Olumide Soroye, President and Chief Executiv...

26 days ago - Business Wire

Former Expedia CEO Mark Okerstrom named CFO of industrial giant Fortive

Former Expedia CEO Mark Okerstrom is taking the role of chief financial officer for Everett, Wash.

4 weeks ago - GeekWire

Fortive Appoints Mark Okerstrom Chief Financial Officer

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Mark Okerstrom has been appointed Chief Financial Officer, effective March 24, 2025. Mr. Okerstrom wil...

4 weeks ago - Business Wire

Fortive Announces Appointment of Gregory Moore to Its Board of Directors

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that its Board of Directors (the “Board”) has appointed Gregory Moore, M.D., Ph.D., as a director of Fortiv...

5 weeks ago - Business Wire

Fortive to Present at Citi Global Industrial Tech & Mobility Conference

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that James A. Lico, President and Chief Executive Officer, and Tami Newcombe, President and Chief Executive...

7 weeks ago - Business Wire

Fortive to Present at Barclays Industrial Select Conference

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that James A. Lico, President and Chief Executive Officer, and Olumide Soroye, President and Chief Executiv...

7 weeks ago - Business Wire

Fortive Posts Q4 EPS Beat, Sales Miss: Analysts Expect China To Remain A Headwind

Shares of Fortive Corp FTV were climbing in early trading on Monday, despite the company reporting disappointing fourth-quarter revenues.

7 weeks ago - Benzinga

Fortive Corporation (FTV) Q4 2024 Earnings Conference Call Transcript

Fortive Corporation (NYSE:FTV) Q4 2024 Earnings Conference Call February 7, 2025 12:00 PM ET Company Participants Elena Rosman - Vice President of Investor Relations James Lico - President and Chief ...

7 weeks ago - Seeking Alpha

Fortive forecasts lower-than-expected 2025 profit on sluggish product demand

Industrial products maker Fortive on Friday forecast annual profit and revenue below Wall Street estimates, anticipating sluggish demand for its products.

7 weeks ago - Reuters

Fortive Reports Strong Fourth Quarter and Full Year 2024 Results; Introduces First Quarter and Full Year 2025 Outlook

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the fourth quarter and full year 2024. For the fourth quarter, net earnings were $209...

7 weeks ago - Business Wire

Fortive Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Fortive Corporation FTV will release its fourth-quarter financial results, before the opening bell, on Friday, Feb. 7, 2025.

7 weeks ago - Benzinga

Fortive Announces Board Designees for the New Precision Technologies Company, to be Named Ralliant Corporation

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that its Precision Technologies segment expected to be separated as a new independent, public company has b...

2 months ago - Business Wire

Final Trades: Chubb, Fortive Corp, Palo Alto and Taiwan Semi

The Investment Committee give you their top stocks to watch for the second half of the trading day.

Other symbols: CBPANWTSM
2 months ago - CNBC Television

Fortive Announces Board Chair Transition

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that its Board of Directors has appointed Sharmistha “Shar” Dubey as the Chair of the Board. Ms. Dubey succ...

2 months ago - Business Wire

Fortive Declares Regular Quarterly Dividend on its Common Stock

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common sto...

2 months ago - Business Wire

Fortive Schedules Fourth Quarter 2024 Earnings Conference Call

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the fourth quarter 2024 on Friday, February 7, 2025 b...

3 months ago - Business Wire

Fortive Recommends Rejection by Shareholders of the Mini-Tender Offer by TRC Capital Investment Corporation

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) has been notified of an unsolicited “mini-tender offer” by TRC Capital Investment Corporation (“TRC”) for TRC to purchase f...

3 months ago - Business Wire

Fluke Survey Reveals How Data is Powering the Future for Solar Energy Innovation and Growth

OEMs, technicians, and installers are optimistic about solar's future, many believe the industry is hindered by gaps in data and understanding smart technology OEMs, technicians, and installers are op...

3 months ago - GlobeNewsWire

Fluke Networks Adds Advanced Wi-Fi 6E Troubleshooting Capabilities to LinkIQ

New LinkIQ Duo combines cable, Wi-Fi, and network testing in one easy-to-use solution New LinkIQ Duo combines cable, Wi-Fi, and network testing in one easy-to-use solution

4 months ago - GlobeNewsWire

Fluke Survey Reveals 79% of Manufacturers Will Leverage AI to Tackle High-Skilled Labour Shortage

Implementation of AI set to augment and democratize high-skilled work amid persistent skills shortage Implementation of AI set to augment and democratize high-skilled work amid persistent skills short...

4 months ago - GlobeNewsWire

Fortive to Present at the Baird Global Industrial Conference

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, will be presenting at the Baird 2024 Global Indu...

5 months ago - Business Wire

Fortive Corporation (FTV) Q3 2024 Earnings Call Transcript

Fortive Corporation (NYSE:FTV) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants Elena Rosman - Vice President of Investor Relations James Lico - President and Chief ...

5 months ago - Seeking Alpha

Fortive lifts annual profit view as automation demand drives quarterly beat

Industrial products maker Fortive raised its annual profit forecast on Wednesday, after steady demand for its automation products and services boosted third-quarter profit above estimates.

5 months ago - Reuters

Fortive Reports Strong Third Quarter 2024 Results; Raises Full Year 2024 Outlook

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the third quarter of 2024. For the third quarter, net earnings were $222 million. For...

5 months ago - Business Wire