Fortive Corporation (FTV)
Stock Price Chart
Key Info
| Market Cap | 23.45B |
| Revenue (ttm) | 7.15B |
| Net Income (ttm) | 571.80M |
| Shares Out | 337.07M |
| EPS (ttm) | 1.48 |
| PE Ratio | 47.00 |
| Forward PE | 22.62 |
| Dividend | $0.28 |
| Dividend Yield | 0.40% |
Stock Quote
| Trading Day | Aug 3, 2020 |
| Last Price | $69.56 |
| Previous Close | $70.19 |
| Change ($) | -0.63 |
| Change (%) | -0.90% |
| Day's Open | 70.51 |
| Day's Range | 69.32 - 70.68 |
| Day's Volume | 3,750,227 |
| 52-Week Range | 37.31 - 80.61 |
More Stats
| Market Cap | 23.45B |
| Enterprise Value | 28.29B |
| Earnings Date (est) | Oct 22, 2020 |
| Ex-Dividend Date | May 28, 2020 |
| Shares Outstanding | 337.07M |
| Float | 308.44M |
| EPS (basic) | 1.48 |
| EPS (diluted) | 1.48 |
| FCF / Share | 4.18 |
| Dividend | $0.28 |
| Dividend Yield | 0.40% |
| Earnings Yield | 2.13% |
| FCF Yield | 6.01% |
| Payout Ratio | 18.90% |
| Shares Short | 5.91M |
| Short Ratio | 2.73 |
| Short % of Float | 2.34% |
| Beta | 1.26 |
| PE Ratio | 47.00 |
| Forward PE | 22.62 |
| P/FCF Ratio | 16.65 |
| PS Ratio | 3.28 |
| PB Ratio | 3.20 |
| Revenue | 7.15B |
| Operating Income | 848.00M |
| Net Income | 571.80M |
| Free Cash Flow | 1.41B |
| Net Cash | -4.84B |
| Net Cash / Share | -14.35 |
| Gross Margin | 51.71% |
| Operating Margin | 11.86% |
| Profit Margin | 7.00% |
| FCF Margin | 19.71% |
| ROA | 4.10% |
| ROE | 7.74% |
| ROIC | 12.30% |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7,320 | 6,453 | 5,756 | 5,378 | 6,179 | 6,337 | 5,962 | 5,785 |
| Revenue Growth | 13.44% | 12.1% | 7.03% | -12.96% | -2.5% | 6.29% | 3.05% | - |
| Gross Profit | 3,680 | 3,321 | 2,921 | 2,686 | 3,000 | 3,049 | 2,864 | 2,763 |
| Operating Income | 1,004 | 1,178 | 1,143 | 1,062 | 1,270 | 1,245 | 1,143 | 1,128 |
| Net Income | 739 | 2,914 | 1,045 | 872 | 864 | 883 | 831 | 764 |
| Shares Outstanding | 336 | 346 | 348 | 346 | 345 | 345 | - | - |
| Earnings Per Share | 1.97 | 8.21 | 2.96 | 2.51 | 2.50 | 2.56 | - | - |
| EPS Growth | -76% | 177.36% | 17.93% | 0.4% | -2.34% | - | - | - |
| Dividend Per Share | 0.28 | 0.28 | 0.28 | 0.14 | - | - | - | - |
| Dividend Growth | 0% | 0% | 100% | - | - | - | - | - |
| Operating Cash Flow | 1,271 | 1,344 | 1,176 | 1,137 | 1,009 | 947 | 1,030 | 944 |
| Capital Expenditures | -113 | -112 | -89.60 | -101 | -118 | -103 | -81.10 | -69.60 |
| Free Cash Flow | 1,159 | 1,232 | 1,087 | 1,036 | 891 | 844 | 949 | 874 |
| Cash & Equivalents | 1,205 | 1,178 | 962 | 803 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Debt | 6,542 | 3,430 | 4,056 | 3,358 | - | - | - | - |
| Net Cash / Debt | -5,337 | -2,252 | -3,094 | -2,555 | 0.00 | 0.00 | 0.00 | 0.00 |
| Assets | 17,439 | 12,906 | 10,501 | 8,190 | 7,211 | 7,356 | 7,240 | - |
| Liabilities | 10,039 | 6,293 | 6,692 | 5,499 | 2,028 | 2,123 | 2,115 | - |
| Book Value | 7,387 | 6,596 | 3,790 | 2,688 | 5,180 | 5,229 | 5,123 | - |
Company Profile
Company Details
| Full Name | Fortive Corporation |
| Country | United States |
| Employees | 25,000 |
| CEO | James A. Lico |
Stock Information
| Ticker Symbol | FTV |
| Stock Exchange | New York Stock Exchange |
| Sector | Technology |
| Industry | Scientific & Technical Instruments |
| Unique Identifier | NYSE: FTV |
Description
Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Professional Instrumentation segment provides test tools, and thermal imaging and calibration equipment for electrical, industrial, electronic, and calibration applications; online condition-based monitoring equipment; portable gas detection equipment, consumables, and software as a service offerings; subscription-based technical, analytical, and compliance services; and software, data analytics, and services for critical infrastructure in utility, industrial, energy, construction, facilities management, public safety, mining, and healthcare applications, as well as environmental, health, and safety applications. This segment also provides product realization services and products that help developers and engineers across the end-to-end product creation cycle from concepts to finished products; materials components; devices that sense, monitor, and control operational or manufacturing variables; and critical sterilization and disinfection solutions. It markets its products and services under the ACCRUENT, FLUKE, FLUKE BIOMEDICAL, FLUKE NETWORKS, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, LANDAUER, PRUFTECHNIK, QUALITROL, INVETECH, KEITHLEY, PACIFIC SCIENTIFIC, SONIX, and TEKTRONIX brands. The company's Industrial Technologies segment offers solutions and services for use in fuel dispensing, remote fuel management, point-of-sale and payment systems, environmental compliance, vehicle tracking, and fleet and traffic management under the ANGI, GASBOY, GILBARCO, GILBARCO AUTOTANK, ORPAK, VEEDER-ROOT, and TELETRAC NAVMAN brands. This segment also offers professional tools, toolboxes, and automotive diagnostic equipment under the MATCO brand; and wheel service equipment under the COATS brand. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.