Fortive Corporation (FTV) Stock

About Fortive Corporation

Fortive Corporation is a global industrial technology company that specializes in the conception, development, manufacturing, marketing, and servicing of sophisticated professional and engineered products, as well as software platforms and associated services. Its Intelligent Operating Solutions division aims to boost efficiency and safety in operations. This segment delivers a variety of offerings, including advanced tools for ensuring equipment reliability, comprehensive enterprise software for managing environmental, health, safety, and quality (EHSQ) compliance, and specialized software for the entire lifecycle of facilities and assets. It also provides solutions for pre-construction planning and procurement, robust professional testing instruments, precise calibration tools for electrical, pressure, and temperature measurements, and portable devices for gas detection. These products and services cater to diverse industries such as manufacturing, process industries, healthcare, utilities and power generation, communications, and electronics. Key brands within this segment include ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL. The company's Precision Technologies segment focuses on delivering critical measurement and control solutions. Its portfolio encompasses electrical testing and measurement instruments and related services, high-performance energetic material devices, and advanced sensor and control system solutions. These technologies are crucial for demanding sectors like power and energy management, medical equipment manufacturing, food and beverage production, aerospace and defense, off-highway vehicles, electronics, semiconductor fabrication, and various other industrial applications. This segment markets its offerings under brands such as ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX. Fortive's Advanced Healthcare Solutions division provides a comprehensive suite of hardware, software, and services specifically designed for the healthcare sector. This includes solutions for reprocessing and tracking medical instruments and devices, specialized biomedical testing tools, systems for radiation safety monitoring, and asset management services. Additionally, it offers subscription-based surgical inventory management platforms that optimize inventory and ensure regulatory adherence, alongside expert technical, analytical, and compliance services focused on determining radiation exposure. Brands in this segment include ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD. Established in 2015, Fortive Corporation maintains its corporate headquarters in Everett, Washington.

Fortive Corporation is led by CEO Olumide O. Soroye, employs 10,000 people, headquartered in Everett, US, publicly traded since 2016.

Fortive Corporation (FTV) stock trades at $62.92 with a market capitalization of $19.18B. The stock is valued at a price-to-earnings (P/E) ratio of 33.91, price-to-book of 2.79, price-to-sales of 3.76. Over the past 52 weeks the stock has ranged between $46.34 and $64.30, and currently trades 2.1% below its 52-week high. It pays a dividend yielding 0.41%.

On profitability, Fortive Corporation generates a return on equity (ROE) of 8.97%, return on capital employed of 14.07%, an operating margin of 17.67%, a net profit margin of 11.48%.

In its most recent fiscal year, Fortive Corporation reported annual revenue of $5.1B, net profit of $579.0M, revenue has compounded at 2.1% a year over the last five years, profit at -18.5% a year.

The balance sheet shows a debt-to-equity ratio of 0.57, a current ratio of 0.71, total assets of $11.7B, $376.0M in cash and equivalents.

FTV has an average daily trading volume of 3,069,725 shares, a beta of 0.99.

Official website: www.fortive.com