Fortive Statistics
Total Valuation
Fortive has a market cap or net worth of $28.17 billion. The enterprise value is $29.93 billion.
| Market Cap | 28.17B |
| Enterprise Value | 29.93B |
Important Dates
The next confirmed earnings date is Wednesday, April 24, 2024, before market open.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | May 31, 2024 |
Share Statistics
Fortive has 351.38 million shares outstanding. The number of shares has decreased by -1.44% in one year.
| Shares Outstanding | 351.38M |
| Shares Change (YoY) | -1.44% |
| Shares Change (QoQ) | -0.48% |
| Owned by Insiders (%) | 0.26% |
| Owned by Institutions (%) | 96.49% |
| Float | 350.06M |
Valuation Ratios
The trailing PE ratio is 33.00 and the forward PE ratio is 20.96. Fortive's PEG ratio is 1.39.
| PE Ratio | 33.00 |
| Forward PE | 20.96 |
| PS Ratio | 4.65 |
| Forward PS | 4.31 |
| PB Ratio | 2.73 |
| P/FCF Ratio | 22.48 |
| PEG Ratio | 1.39 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.05, with an EV/FCF ratio of 23.88.
| EV / Earnings | 34.57 |
| EV / Sales | 4.93 |
| EV / EBITDA | 19.05 |
| EV / EBIT | 26.86 |
| EV / FCF | 23.88 |
Financial Position
The company has a current ratio of 2.05, with a Debt / Equity ratio of 0.35.
| Current Ratio | 2.05 |
| Quick Ratio | 1.59 |
| Debt / Equity | 0.35 |
| Debt / EBITDA | 2.32 |
| Debt / FCF | 2.91 |
| Interest Coverage | 9.02 |
Financial Efficiency
Return on equity (ROE) is 8.60% and return on invested capital (ROIC) is 7.09%.
| Return on Equity (ROE) | 8.60% |
| Return on Assets (ROA) | 5.40% |
| Return on Capital (ROIC) | 7.09% |
| Revenue Per Employee | $336,961 |
| Profits Per Employee | $48,100 |
| Employee Count | 18,000 |
| Asset Turnover | 0.38 |
| Inventory Turnover | 4.60 |
Taxes
In the past 12 months, Fortive has paid $125.00 million in taxes.
| Income Tax | 125.00M |
| Effective Tax Rate | 12.62% |
Stock Price Statistics
The stock price has increased by +19.35% in the last 52 weeks. The beta is 1.18, so Fortive's price volatility has been higher than the market average.
| Beta (1Y) | 1.18 |
| 52-Week Price Change | +19.35% |
| 50-Day Moving Average | 84.36 |
| 200-Day Moving Average | 76.09 |
| Relative Strength Index (RSI) | 28.20 |
| Average Volume (30 Days) | 1,651,114 |
Short Selling Information
The latest short interest is 3.20 million, so 0.91% of the outstanding shares have been sold short.
| Short Interest | 3.20M |
| Short Previous Month | 3.30M |
| Short % of Shares Out | 0.91% |
| Short % of Float | 0.91% |
| Short Ratio (days to cover) | 1.98 |
Income Statement
In the last 12 months, Fortive had revenue of $6.07 billion and earned $865.80 million in profits. Earnings per share was $2.43.
| Revenue | 6.07B |
| Gross Profit | 3.59B |
| Operating Income | 1.13B |
| Pretax Income | 990.80M |
| Net Income | 865.80M |
| EBITDA | 1.57B |
| EBIT | 1.11B |
| Earnings Per Share (EPS) | $2.43 |
Balance Sheet
The company has $1.89 billion in cash and $3.65 billion in debt, giving a net cash position of -$1.76 billion or -$5.00 per share.
| Cash & Cash Equivalents | 1.89B |
| Total Debt | 3.65B |
| Net Cash | -1.76B |
| Net Cash Per Share | -$5.00 |
| Equity / Book Value | 10.32B |
| Book Value Per Share | 29.37 |
| Working Capital | 1.88B |
Cash Flow
In the last 12 months, operating cash flow was $1.35 billion and capital expenditures -$100.40 million, giving a free cash flow of $1.25 billion.
| Operating Cash Flow | 1.35B |
| Capital Expenditures | -100.40M |
| Free Cash Flow | 1.25B |
| FCF Per Share | $3.56 |
Margins
Gross margin is 59.26%, with operating and profit margins of 18.69% and 14.27%.
| Gross Margin | 59.26% |
| Operating Margin | 18.69% |
| Pretax Margin | 16.34% |
| Profit Margin | 14.27% |
| EBITDA Margin | 25.90% |
| EBIT Margin | 18.37% |
| FCF Margin | 20.66% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 0.40%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 0.40% |
| Dividend Growth (YoY) | 10.71% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 13.17% |
| Buyback Yield | 1.44% |
| Shareholder Yield | 1.84% |
| Earnings Yield | 3.07% |
| FCF Yield | 4.45% |
Analyst Forecast
The average price target for Fortive is $88.00, which is 9.75% higher than the current price. The consensus rating is "Buy".
| Price Target | $88.00 |
| Price Target Difference | 9.75% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 9.99% |
| EPS Growth Forecast (5Y) | 21.37% |
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 3.9 and a Piotroski F-Score of 8.
| Altman Z-Score | 3.9 |
| Piotroski F-Score | 8 |