Fortive Corporation(FTV) Stock Research - Grey Stern Research
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Fortive Corporation (FTV) Stock Analysis

$74.59 (-0.80%)

FTV Financial Performance


Use the table below to view Fortive Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $74.59 -
52 Week Low $66.15 -
52 Week High $86.21 -
Market Cap $25.4 Billion 2/13
Gross Margin 60% 3/13
Profit Margin 13% 2/13
EBITDA margin 19% 5/13
Q3 - 2024 Revenue $1.6 Billion 1/13
Q3 - 2024 Earnings $208.8 Million 1/13
Q3 - 2024 Free Cash Flow $0 Million 8/13
Trailing 4 Quarters Revenue $6.2 Billion 2/13
Trailing 4 Quarters Earnings $832.9 Million 2/13
Quarterly Earnings Growth -21% 10/13
Annual Earnings Growth -9% 8/13
Quarterly Revenue Growth 71% 1/13
Annual Revenue Growth 15% 2/13
Cash On Hand $813.3 Million 4/13
Short Term Debt $376.2 Million 3/13
Long Term Debt $3.3 Billion 3/13

Fortive Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Fortive Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 30.47 7/13
PS 4.07 6/13
PB 2.49 7/13
PC 31.21 4/13
Liabilities to Equity 0.67 8/13
ROA 0.05 6/13
ROE 0.08 7/13
Current Ratio 2.49 5/13
Quick Ratio 0.12 10/13
Long Term Debt to Equity 0.33 4/13
Debt to Equity 0.36 5/13
Burn Rate 43.98 1/13
Cash to Cap 0.03 9/13
CCR 8/13
EV to EBITDA 92.07 7/13
EV to Revenue 4.54 6/13

Company Details

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others. It markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The company's Precision Technologies segment provides electrical test and measurement instruments and services; energetic material devices; and sensor and control system solutions for power and energy, medical equipment, food and beverage, aerospace and defense, off-highway vehicles, electronics, semiconductors, and other general industrial markets. This segment markets its products under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brands. Its Advanced Healthcare Solutions segment offers hardware and software products and services, including instrument and device reprocessing, instrument tracking, biomedical test tools, radiation safety monitoring, and asset management services; subscription-based surgical inventory management systems to facilitate inventory management and regulatory compliance, as well as technical, analytical, and compliance services to determine radiation exposure services under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.

CEO: Mr. James Lico

Website: https://www.fortive.com

Address: 6920 Seaway Blvd Everett, WASHINGTON

Exchange: New York Stock Exchange

Industry: Scientific & Technical Instruments

Fortive Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Fortive Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
II-VI Incorporated IIVI $30.5 Billion
Coherent, Inc. COHR $10.5 Billion
Trimble Inc. TRMB $16.7 Billion
MKS Instruments, Inc. MKSI $5.7 Billion
Sensata Technologies Holding plc ST $3.9 Billion
Novanta Inc. NOVT $4.8 Billion
Itron, Inc. ITRI $4.8 Billion
Badger Meter, Inc. BMI $5.7 Billion
Teledyne Technologies Incorporated TDY $23.7 Billion
ESCO Technologies Inc. ESE $4.1 Billion
Vishay Precision Group, Inc. VPG $328.4 Million
Mesa Laboratories, Inc. MLAB $677.2 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
FTV Income Statements
Quarter Year Revenue Earnings
Q4 2024 $ 1.6 Billion $208.8 Million
Q3 2024 $ 1.5 Billion $221.6 Million
Q2 2024 $ 1.6 Billion $195.1 Million
Q1 2024 $ 1.5 Billion $207.4 Million
Q4 2023 $ 947.5 Million $265.2 Million
Q3 2023 $ 1.5 Billion $218.0 Million
Q2 2023 $ 1.5 Billion $209.0 Million
Q1 2023 $ 1.5 Billion $173.6 Million

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FTV Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q4 2024 $813.3 Million $17.0 Billion $3.7 Billion $10.2 Billion
Q3 2024 $811.3 Million $17.5 Billion $3.9 Billion $10.6 Billion
Q2 2024 $644.1 Million $17.3 Billion $3.9 Billion $10.5 Billion
Q1 2024 $704.6 Million $17.5 Billion $4.1 Billion $10.5 Billion
Q4 2023 $1.9 Billion $16.9 Billion $3.6 Billion $10.3 Billion
Q3 2023 $714.1 Million $15.7 Billion $2.7 Billion $10.1 Billion
Q2 2023 $712.8 Million $15.7 Billion $3.0 Billion $10.0 Billion
Q1 2023 $672.8 Million $15.8 Billion $3.1 Billion $9.9 Billion

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FTV Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $431.2 Million -$27.8 Million $167.2 Million
Q2 2024 $279.7 Million -$29.2 Million -$60.5 Million
Q1 2024 $230.3 Million -$26.4 Million -$1.2 Billion
Q4 2023 -$34.1 Million -$34.1 Million -$34.1 Million
Q3 2023 $383.5 Million -$27.9 Million $1.3 Million
Q2 2023 $300.0 Million -$21.0 Million $40.0 Million
Q1 2023 $149.6 Million -$24.8 Million -$36.4 Million
Q4 2022 $428.1 Million -$36.1 Million $3.9 Million

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