Fortive Statistics
Total Valuation
Fortive has a market cap or net worth of $24.87 billion. The enterprise value is $28.01 billion.
| Market Cap | 24.87B |
| Enterprise Value | 28.01B |
Important Dates
The last earnings date was Wednesday, July 24, 2024, before market open.
| Earnings Date | Jul 24, 2024 |
| Ex-Dividend Date | May 31, 2024 |
Share Statistics
Fortive has 350.34 million shares outstanding. The number of shares has decreased by -0.20% in one year.
| Shares Outstanding | 350.34M |
| Shares Change (YoY) | -0.20% |
| Shares Change (QoQ) | -0.34% |
| Owned by Insiders (%) | 0.33% |
| Owned by Institutions (%) | 96.54% |
| Float | 348.67M |
Valuation Ratios
The trailing PE ratio is 28.63 and the forward PE ratio is 17.57. Fortive's PEG ratio is 1.39.
| PE Ratio | 28.63 |
| Forward PE | 17.57 |
| PS Ratio | 4.04 |
| Forward PS | 3.75 |
| PB Ratio | 2.37 |
| P/FCF Ratio | 18.85 |
| PEG Ratio | 1.39 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.06, with an EV/FCF ratio of 21.23.
| EV / Earnings | 31.62 |
| EV / Sales | 4.55 |
| EV / EBITDA | 17.06 |
| EV / EBIT | 24.60 |
| EV / FCF | 21.23 |
Financial Position
The company has a current ratio of 1.23, with a Debt / Equity ratio of 0.36.
| Current Ratio | 1.23 |
| Quick Ratio | 0.77 |
| Debt / Equity | 0.36 |
| Debt / EBITDA | 2.30 |
| Debt / FCF | 2.86 |
| Interest Coverage | 8.07 |
Financial Efficiency
Return on equity (ROE) is 8.60% and return on invested capital (ROIC) is 7.11%.
| Return on Equity (ROE) | 8.60% |
| Return on Assets (ROA) | 5.30% |
| Return on Capital (ROIC) | 7.11% |
| Revenue Per Employee | $341,950 |
| Profits Per Employee | $49,206 |
| Employee Count | 18,000 |
| Asset Turnover | 0.37 |
| Inventory Turnover | 4.38 |
Taxes
In the past 12 months, Fortive has paid $111.60 million in taxes.
| Income Tax | 111.60M |
| Effective Tax Rate | 11.19% |
Stock Price Statistics
The stock price has decreased by -7.49% 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 | -7.49% |
| 50-Day Moving Average | 74.25 |
| 200-Day Moving Average | 75.69 |
| Relative Strength Index (RSI) | 39.43 |
| Average Volume (20 Days) | 1,946,013 |
Short Selling Information
The latest short interest is 2.36 million, so 0.67% of the outstanding shares have been sold short.
| Short Interest | 2.36M |
| Short Previous Month | 2.18M |
| Short % of Shares Out | 0.67% |
| Short % of Float | 0.68% |
| Short Ratio (days to cover) | 1.38 |
Income Statement
In the last 12 months, Fortive had revenue of $6.16 billion and earned $885.70 million in profits. Earnings per share was $2.48.
| Revenue | 6.16B |
| Gross Profit | 3.67B |
| Operating Income | 1.14B |
| Pretax Income | 997.30M |
| Net Income | 885.70M |
| EBITDA | 1.64B |
| EBIT | 1.14B |
| Earnings Per Share (EPS) | $2.48 |
Balance Sheet
The company has $644.10 million in cash and $3.78 billion in debt, giving a net cash position of -$3.14 billion or -$8.95 per share.
| Cash & Cash Equivalents | 644.10M |
| Total Debt | 3.78B |
| Net Cash | -3.14B |
| Net Cash Per Share | -$8.95 |
| Equity (Book Value) | 10.50B |
| Book Value Per Share | 29.97 |
| Working Capital | 473.70M |
Cash Flow
In the last 12 months, operating cash flow was $1.42 billion and capital expenditures -$104.30 million, giving a free cash flow of $1.32 billion.
| Operating Cash Flow | 1.42B |
| Capital Expenditures | -104.30M |
| Free Cash Flow | 1.32B |
| FCF Per Share | $3.76 |
Margins
Gross margin is 59.67%, with operating and profit margins of 18.57% and 14.39%.
| Gross Margin | 59.67% |
| Operating Margin | 18.57% |
| Pretax Margin | 16.20% |
| Profit Margin | 14.39% |
| EBITDA Margin | 26.68% |
| EBIT Margin | 18.49% |
| 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) | 10.71% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 12.90% |
| Buyback Yield | 0.20% |
| Shareholder Yield | 0.65% |
| Earnings Yield | 3.56% |
| FCF Yield | 5.31% |
Analyst Forecast
The average price target for Fortive is $84.92, which is 19.62% higher than the current price. The consensus rating is "Buy".
| Price Target | $84.92 |
| Price Target Difference | 19.62% |
| 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 3.44 and a Piotroski F-Score of 7.
| Altman Z-Score | 3.44 |
| Piotroski F-Score | 7 |