Fortive Statistics
Total Valuation
Fortive has a market cap or net worth of $24.69 billion. The enterprise value is $27.93 billion.
Market Cap | 24.69B |
Enterprise Value | 27.93B |
Important Dates
The last earnings date was Wednesday, October 30, 2024, before market open.
Earnings Date | Oct 30, 2024 |
Ex-Dividend Date | Sep 13, 2024 |
Share Statistics
Fortive has 346.95 million shares outstanding. The number of shares has decreased by -0.53% in one year.
Current Share Class | 346.95M |
Shares Outstanding | 346.95M |
Shares Change (YoY) | -0.53% |
Shares Change (QoQ) | -0.70% |
Owned by Insiders (%) | 0.34% |
Owned by Institutions (%) | 97.71% |
Float | 345.32M |
Valuation Ratios
The trailing PE ratio is 28.46 and the forward PE ratio is 17.25. Fortive's PEG ratio is 1.61.
PE Ratio | 28.46 |
Forward PE | 17.25 |
PS Ratio | 4.03 |
Forward PS | 3.68 |
PB Ratio | 2.34 |
P/FCF Ratio | 18.24 |
PEG Ratio | 1.61 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.44, with an EV/FCF ratio of 20.63.
EV / Earnings | 31.40 |
EV / Sales | 4.51 |
EV / EBITDA | 16.44 |
EV / EBIT | 23.79 |
EV / FCF | 20.63 |
Financial Position
The company has a current ratio of 1.25, with a Debt / Equity ratio of 0.38.
Current Ratio | 1.25 |
Quick Ratio | 0.88 |
Debt / Equity | 0.38 |
Debt / EBITDA | 2.31 |
Debt / FCF | 2.98 |
Interest Coverage | 7.92 |
Financial Efficiency
Return on equity (ROE) is 8.62% and return on invested capital (ROIC) is 5.32%.
Return on Equity (ROE) | 8.62% |
Return on Assets (ROA) | 4.43% |
Return on Capital (ROIC) | 5.32% |
Revenue Per Employee | $344,178 |
Profits Per Employee | $49,406 |
Employee Count | 18,000 |
Asset Turnover | 0.37 |
Inventory Turnover | 4.47 |
Taxes
In the past 12 months, Fortive has paid $83.10 million in taxes.
Income Tax | 83.10M |
Effective Tax Rate | 8.55% |
Stock Price Statistics
The stock price has increased by +7.90% in the last 52 weeks. The beta is 1.17, so Fortive's price volatility has been higher than the market average.
Beta (5Y) | 1.17 |
52-Week Price Change | +7.90% |
50-Day Moving Average | 75.20 |
200-Day Moving Average | 77.02 |
Relative Strength Index (RSI) | 26.51 |
Average Volume (20 Days) | 2,453,060 |
Short Selling Information
The latest short interest is 3.55 million, so 1.02% of the outstanding shares have been sold short.
Short Interest | 3.55M |
Short Previous Month | 3.02M |
Short % of Shares Out | 1.02% |
Short % of Float | 1.03% |
Short Ratio (days to cover) | 1.91 |
Income Statement
In the last 12 months, Fortive had revenue of $6.20 billion and earned $889.30 million in profits. Earnings per share was $2.50.
Revenue | 6.20B |
Gross Profit | 3.70B |
Operating Income | 1.17B |
Pretax Income | 997.30M |
Net Income | 889.30M |
EBITDA | 1.70B |
EBIT | 1.17B |
Earnings Per Share (EPS) | $2.50 |
Balance Sheet
The company has $811.30 million in cash and $4.04 billion in debt, giving a net cash position of -$3.23 billion or -$9.31 per share.
Cash & Cash Equivalents | 811.30M |
Total Debt | 4.04B |
Net Cash | -3.23B |
Net Cash Per Share | -$9.31 |
Equity (Book Value) | 10.56B |
Book Value Per Share | 30.43 |
Working Capital | 534.40M |
Cash Flow
In the last 12 months, operating cash flow was $1.47 billion and capital expenditures -$117.50 million, giving a free cash flow of $1.35 billion.
Operating Cash Flow | 1.47B |
Capital Expenditures | -117.50M |
Free Cash Flow | 1.35B |
FCF Per Share | $3.90 |
Margins
Gross margin is 59.74%, with operating and profit margins of 18.95% and 14.35%.
Gross Margin | 59.74% |
Operating Margin | 18.95% |
Pretax Margin | 15.70% |
Profit Margin | 14.35% |
EBITDA Margin | 27.42% |
EBIT Margin | 18.95% |
FCF Margin | 21.44% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 0.45%.
Dividend Per Share | $0.32 |
Dividend Yield | 0.45% |
Dividend Growth (YoY) | 14.29% |
Years of Dividend Growth | 1 |
Payout Ratio | 12.80% |
Buyback Yield | 0.53% |
Shareholder Yield | 0.98% |
Earnings Yield | 3.60% |
FCF Yield | 5.48% |
Analyst Forecast
The average price target for Fortive is $88.20, which is 23.95% higher than the current price. The consensus rating is "Buy".
Price Target | $88.20 |
Price Target Difference | 23.95% |
Analyst Consensus | Buy |
Analyst Count | 12 |
Revenue Growth Forecast (5Y) | 9.17% |
EPS Growth Forecast (5Y) | 19.49% |
Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
Fortive has an Altman Z-Score of 3.56 and a Piotroski F-Score of 6.
Altman Z-Score | 3.56 |
Piotroski F-Score | 6 |