Fortive Statistics
Total Valuation
Fortive has a market cap or net worth of $25.83 billion. The enterprise value is $29.06 billion.
| Market Cap | 25.83B |
| Enterprise Value | 29.06B |
Important Dates
The next estimated earnings date is Wednesday, January 29, 2025, before market open.
| Earnings Date | Jan 29, 2025 |
| Ex-Dividend Date | Nov 29, 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 (%) | 0.33% |
| Owned by Institutions (%) | 95.35% |
| Float | 345.42M |
Valuation Ratios
The trailing PE ratio is 29.77 and the forward PE ratio is 18.16. Fortive's PEG ratio is 1.69.
| PE Ratio | 29.77 |
| Forward PE | 18.16 |
| PS Ratio | 4.22 |
| Forward PS | 3.97 |
| PB Ratio | 2.45 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 19.08 |
| P/OCF Ratio | 17.55 |
| PEG Ratio | 1.69 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.11, with an EV/FCF ratio of 21.46.
| EV / Earnings | 32.68 |
| EV / Sales | 4.69 |
| EV / EBITDA | 17.11 |
| EV / EBIT | 24.76 |
| EV / FCF | 21.46 |
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 +2.28% in the last 52 weeks. The beta is 1.18, so Fortive's price volatility has been higher than the market average.
| Beta (5Y) | 1.18 |
| 52-Week Price Change | +2.28% |
| 50-Day Moving Average | 76.15 |
| 200-Day Moving Average | 76.16 |
| Relative Strength Index (RSI) | 38.74 |
| Average Volume (20 Days) | 2,614,078 |
Short Selling Information
The latest short interest is 3.28 million, so 0.95% of the outstanding shares have been sold short.
| Short Interest | 3.28M |
| Short Previous Month | 3.03M |
| Short % of Shares Out | 0.95% |
| Short % of Float | 0.95% |
| Short Ratio (days to cover) | 1.04 |
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 | 21.85% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 0.43%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 0.43% |
| Dividend Growth (YoY) | 10.34% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 12.80% |
| Buyback Yield | 0.53% |
| Shareholder Yield | 0.96% |
| Earnings Yield | 3.44% |
| FCF Yield | 5.24% |
Analyst Forecast
The average price target for Fortive is $86.82, which is 16.62% higher than the current price. The consensus rating is "Buy".
| Price Target | $86.82 |
| Price Target Difference | 16.62% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 8.20% |
| EPS Growth Forecast (5Y) | 18.79% |
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 |