Fortive Statistics
Total Valuation
Fortive has a market cap or net worth of $26.61 billion. The enterprise value is $29.85 billion.
Market Cap | 26.61B |
Enterprise Value | 29.85B |
Important Dates
The next confirmed earnings date is Wednesday, July 24, 2024, before market open.
Earnings Date | Jul 24, 2024 |
Ex-Dividend Date | May 31, 2024 |
Share Statistics
Fortive has 352.03 million shares outstanding. The number of shares has decreased by -0.14% in one year.
Shares Outstanding | 352.03M |
Shares Change (YoY) | -0.14% |
Shares Change (QoQ) | +0.45% |
Owned by Insiders (%) | 0.33% |
Owned by Institutions (%) | 96.09% |
Float | 350.35M |
Valuation Ratios
The trailing PE ratio is 30.00 and the forward PE ratio is 19.15. Fortive's PEG ratio is 1.39.
PE Ratio | 30.00 |
Forward PE | 19.15 |
PS Ratio | 4.34 |
Forward PS | 4.07 |
PB Ratio | 2.54 |
P/FCF Ratio | 19.79 |
PEG Ratio | 1.39 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.25, with an EV/FCF ratio of 22.20.
EV / Earnings | 33.18 |
EV / Sales | 4.87 |
EV / EBITDA | 18.25 |
EV / EBIT | 25.85 |
EV / FCF | 22.20 |
Financial Position
The company has a current ratio of 1.50, with a Debt / Equity ratio of 0.38.
Current Ratio | 1.50 |
Quick Ratio | 0.96 |
Debt / Equity | 0.38 |
Debt / EBITDA | 2.41 |
Debt / FCF | 2.93 |
Interest Coverage | 8.53 |
Financial Efficiency
Return on equity (ROE) is 8.80% and return on invested capital (ROIC) is 6.93%.
Return on Equity (ROE) | 8.80% |
Return on Assets (ROA) | 5.50% |
Return on Capital (ROIC) | 6.93% |
Revenue Per Employee | $340,506 |
Profits Per Employee | $49,978 |
Employee Count | 18,000 |
Asset Turnover | 0.37 |
Inventory Turnover | 4.31 |
Taxes
In the past 12 months, Fortive has paid $119.40 million in taxes.
Income Tax | 119.40M |
Effective Tax Rate | 11.72% |
Stock Price Statistics
The stock price has increased by +1.65% 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 | +1.65% |
50-Day Moving Average | 74.66 |
200-Day Moving Average | 75.73 |
Relative Strength Index (RSI) | 53.19 |
Average Volume (20 Days) | 1,753,309 |
Short Selling Information
The latest short interest is 2.63 million, so 0.75% of the outstanding shares have been sold short.
Short Interest | 2.63M |
Short Previous Month | 2.34M |
Short % of Shares Out | 0.75% |
Short % of Float | 0.75% |
Short Ratio (days to cover) | 1.58 |
Income Statement
In the last 12 months, Fortive had revenue of $6.13 billion and earned $899.60 million in profits. Earnings per share was $2.52.
Revenue | 6.13B |
Gross Profit | 3.65B |
Operating Income | 1.13B |
Pretax Income | 1.02B |
Net Income | 899.60M |
EBITDA | 1.64B |
EBIT | 1.15B |
Earnings Per Share (EPS) | $2.52 |
Balance Sheet
The company has $704.60 million in cash and $3.94 billion in debt, giving a net cash position of -$3.24 billion or -$9.20 per share.
Cash & Cash Equivalents | 704.60M |
Total Debt | 3.94B |
Net Cash | -3.24B |
Net Cash Per Share | -$9.20 |
Equity (Book Value) | 10.48B |
Book Value Per Share | 29.76 |
Working Capital | 875.20M |
Cash Flow
In the last 12 months, operating cash flow was $1.44 billion and capital expenditures -$91.20 million, giving a free cash flow of $1.34 billion.
Operating Cash Flow | 1.44B |
Capital Expenditures | -91.20M |
Free Cash Flow | 1.34B |
FCF Per Share | $3.82 |
Margins
Gross margin is 59.55%, with operating and profit margins of 18.48% and 14.68%.
Gross Margin | 59.55% |
Operating Margin | 18.48% |
Pretax Margin | 16.63% |
Profit Margin | 14.68% |
EBITDA Margin | 26.68% |
EBIT Margin | 18.83% |
FCF Margin | 21.94% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 0.42%.
Dividend Per Share | $0.32 |
Dividend Yield | 0.42% |
Dividend Growth (YoY) | 10.71% |
Years of Dividend Growth | 1 |
Payout Ratio | 12.70% |
Buyback Yield | 0.14% |
Shareholder Yield | 0.56% |
Earnings Yield | 3.38% |
FCF Yield | 5.05% |
Analyst Forecast
The average price target for Fortive is $86.50, which is 14.43% higher than the current price. The consensus rating is "Buy".
Price Target | $86.50 |
Price Target Difference | 14.43% |
Analyst Consensus | Buy |
Analyst Count | 13 |
Revenue Growth Forecast (5Y) | 9.17% |
EPS Growth Forecast (5Y) | 19.49% |
Stock Splits
The last stock split was on October 9, 2020. It was a forward split with a ratio of 1195:1000.
Last Split Date | Oct 9, 2020 |
Split Type | Forward |
Split Ratio | 1195:1000 |
Scores
Fortive has an Altman Z-Score of 3.51 and a Piotroski F-Score of 8.
Altman Z-Score | 3.51 |
Piotroski F-Score | 8 |