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FTV

FTV - Fortive Corp Stock Price, Fair Value and News

80.21USD+0.01 (+0.01%)Market Closed

Market Summary

FTV
USD80.21+0.01
Market Closed
0.01%

FTV Stock Price

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FTV RSI Chart

FTV Valuation

Market Cap

28.2B

Price/Earnings (Trailing)

32.55

Price/Sales (Trailing)

4.65

EV/EBITDA

24.94

Price/Free Cashflow

22.62

FTV Price/Sales (Trailing)

FTV Profitability

EBT Margin

16.34%

Return on Equity

8.39%

Return on Assets

5.12%

Free Cashflow Yield

4.42%

FTV Fundamentals

FTV Revenue

Revenue (TTM)

6.1B

Rev. Growth (Yr)

3.52%

Rev. Growth (Qtr)

5.97%

FTV Earnings

Earnings (TTM)

865.8M

Earnings Growth (Yr)

16.73%

Earnings Growth (Qtr)

21.65%

Breaking Down FTV Revenue

52 Week Range

62.7081.15
(Low)(High)

Last 7 days

-3.6%

Last 30 days

-5.9%

Last 90 days

12.1%

Trailing 12 Months

19.4%

How does FTV drawdown profile look like?

FTV Financial Health

Current Ratio

2.05

Debt/Equity

0.35

Debt/Cashflow

0.37

FTV Investor Care

Buy Backs (1Y)

0.52%

Diluted EPS (TTM)

2.43

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20235.9B6.0B6.0B6.1B
20225.4B5.5B5.7B5.8B
20214.8B5.1B5.2B5.3B
20204.7B4.6B4.6B4.6B
20195.9B5.5B5.1B4.6B
20185.9B6.1B6.3B6.5B
20176.1B5.9B5.8B5.8B
20166.1B6.1B6.2B6.2B
20156.3B6.3B6.2B6.2B
20140006.3B
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Tracking the Latest Insider Buys and Sells of Fortive Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 04, 2024
schwarz jonathan l
acquired
-
-
5,945
svp - corporate development
Mar 04, 2024
mclaughlin charles e
acquired
-
-
14,110
svp - chief financial officer
Mar 04, 2024
walker stacey a.
acquired
-
-
7,430
svp - human resources
Mar 04, 2024
newcombe tamara s.
acquired
-
-
13,370
president & ceo of ahs and pt
Mar 04, 2024
mulhall christopher m.
acquired
-
-
5,350
vp - chief accounting officer
Mar 04, 2024
soroye olumide
acquired
-
-
16,340
president & ceo of ios
Mar 04, 2024
simmons edward read
acquired
-
-
5,945
svp - strategy
Mar 04, 2024
underwood peter c
acquired
-
-
6,685
svp - general counsel
Mar 04, 2024
lico james a
acquired
-
-
38,620
president and ceo
Mar 04, 2024
mulhall christopher m.
acquired
-
-
1,783
vp - chief accounting officer

1–10 of 50

Which funds bought or sold FTV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 16, 2024
Pinnacle Bancorp, Inc.
unchanged
-
3,073
21,333
0.01%
Apr 16, 2024
Steigerwald, Gordon & Koch Inc.
reduced
-2.65
95,252
788,841
0.10%
Apr 16, 2024
Stratos Wealth Partners, LTD.
reduced
-8.47
25,271
389,572
0.01%
Apr 16, 2024
Sageworth Trust Co of South Dakota
added
2.42
41,334
251,695
0.39%
Apr 16, 2024
COUNTRY TRUST BANK
sold off
-100
-2,135
-
-%
Apr 16, 2024
Asset Dedication, LLC
unchanged
-
9,000
59,000
-%
Apr 16, 2024
WEBSTER BANK, N. A.
added
0.86
35,308
233,373
0.03%
Apr 16, 2024
Cambridge Advisors Inc.
reduced
-9.31
14,114
251,350
0.06%
Apr 16, 2024
Financial Management Professionals, Inc.
unchanged
-
1,000
5,000
-%
Apr 16, 2024
MCF Advisors LLC
unchanged
-
1,858
12,903
-%

1–10 of 50

Are Funds Buying or Selling FTV?

Are funds buying FTV calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FTV
No. of Funds

Unveiling Fortive Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
9.7%
33,928,331
SC 13G/A
Feb 13, 2024
blackrock inc.
9.0%
31,667,720
SC 13G/A
Feb 13, 2024
vanguard group inc
11.12%
39,083,805
SC 13G/A
Feb 08, 2024
wellington management group llp
4.65%
16,345,836
SC 13G/A
May 10, 2023
t. rowe price investment management, inc.
10.2%
36,069,220
SC 13G/A
Feb 14, 2023
t. rowe price investment management, inc.
9.5%
33,770,658
SC 13G/A
Feb 09, 2023
vanguard group inc
11.14%
39,402,796
SC 13G/A
Feb 07, 2023
blackrock inc.
8.6%
30,542,592
SC 13G/A
Feb 06, 2023
wellington management group llp
5.12%
18,122,141
SC 13G/A
Jun 10, 2022
price t rowe associates inc /md/
11.0%
39,651,041
SC 13G/A

Recent SEC filings of Fortive Corp

View All Filings
Date Filed Form Type Document
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
PRE 14A
PRE 14A

Peers (Alternatives to Fortive Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.6T
385.7B
-3.29% 0.92%
25.71
6.73
-0.47% 6.03%
66.9B
12.6B
1.74% 42.18%
34.69
5.33
-0.54% 1.35%
28.2B
6.1B
-5.88% 19.40%
32.55
4.65
4.11% 14.65%
26.4B
12.6B
-4.27% -10.29%
44.06
2.1
-11.28% -55.18%
11.8B
29.4B
2.52% 28.51%
15.71
0.4
-1.12% -8.06%
MID-CAP
6.7B
837.5M
-2.29% -20.65%
59.43
8.04
-16.75% -47.46%
6.6B
33.1B
3.71% 3.52%
7.25
0.2
-10.82% -36.63%
4.5B
703.6M
-0.89% 26.62%
48.5
6.38
24.40% 39.25%
4.2B
25.6B
1.02% 8.42%
6.28
0.16
-2.73% -21.96%
2.5B
968.8M
-1.69% 0.99%
26.96
2.59
9.35% 8.73%
SMALL-CAP
1.6B
2.9B
-2.29% 37.71%
19.57
0.57
-8.78% -6.67%
1.1B
2.8B
3.16% 34.12%
16.7
0.38
-1.64% -5.74%
271.4M
1.0B
-18.43% -61.61%
-5.1
0.27
-8.05% -284.36%
25.3M
26.9M
-2.76% -34.57%
18.44
0.92
3.62% -35.71%
14.9K
56.7M
-85.71% -99.91%
0
3e-4
-41.04% -726.48%

Fortive Corp News

Latest updates
Defense World7 hours ago
Nasdaq15 Apr 202408:43 pm
Yahoo Finance29 Feb 202408:00 am

Fortive Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue6.0%1,5841,4951,5261,4611,5301,4561,4631,3771,3751,3011,3201,2591,3251,1601,0421,1081,2631,1511,1699801,758
Gross Profit6.1%948893905848893845834792794746756712762652583612707619606552898
  S&GA Expenses6.7%53750451450850049148548149945645642849543540341612956753748629.00
  R&D Expenses0.8%99.0098.0010010010110110099.0093.0088.0088.0086.0083.0079.0077.0081.00-25.20119117109-27.40
EBITDA Margin0.6%0.20*0.20*0.19*0.18*0.18*0.17*0.17*0.17*0.16*0.37*0.37*0.37*---------
Interest Expenses-4.4%29.0030.0033.0032.0032.0026.0021.0019.0025.0025.0025.0028.0037.0037.0036.0039.0026.0047.0044.0025.007.00
Income Taxes-68.5%12.0039.0041.0032.0030.0028.0035.0026.008.0023.0026.007.0013.0013.0012.0018.00-16.6028.0029.0028.00-57.20
Earnings Before Taxes7.9%2782572502062572182081911761762081191,26499.0072.0072.00-295235204192-245
EBT Margin1.2%0.16*0.16*0.16*0.15*0.15*0.14*0.14*0.14*0.13*0.34*0.33*0.32*---------
Net Income21.7%2652182091742271901731651651521811101,21622613042.001932071751642,112
Net Income Margin3.7%0.14*0.14*0.13*0.13*0.13*0.12*0.12*0.12*0.12*0.32*0.34*0.35*---------
Free Cashflow7.6%413384300150428307276196253251271136---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets8.0%16,91215,66415,73115,80515,89115,89316,07116,26616,46614,97614,49614,27916,05217,20016,70616,93217,43916,66016,46815,65612,906
  Current Assets48.7%3,6722,4692,4752,4552,4772,4482,4452,4482,5152,4253,0862,8014,4473,7753,2503,4463,6893,4663,4365,7963,171
    Cash Equivalents164.5%1,8897147136737097056836848198381,5661,3001,8251,4891,0631,0411,2051,0611,0923,7291,178
  Inventory-2.8%537553561570537561548553513507488467456662665650416681694608575
  Net PPE2.1%440431426426422405408413396395400410422514520520416520515468396
  Goodwill0.7%9,1229,0599,0529,0579,0498,9789,0589,1339,1528,2227,3477,3407,3598,3418,2988,2717,2427,9967,7516,1694,994
  Current Liabilities-26.0%1,7912,4202,5852,6302,7272,5922,6112,5623,7152,8692,5702,4752,8613,0412,8762,1213,4672,9162,7912,6402,192
  Long Term Debt84.0%3,6461,9821,9782,0952,2522,5592,6822,7391,8071,4421,4421,4422,8304,6994,6865,8264,8265,0165,1974,7282,975
    LT Debt, Current-100.0%-7501,0001,0001,0001,0001,0001,0002,1521,1431,1351,1261,4009999992501,5001,0001,0001,055456
    LT Debt, Non Current84.0%3,6461,9821,9782,0952,2522,5592,6822,7391,8071,4421,4421,4422,8304,6994,6865,8264,8265,0165,1974,7282,975
Shareholder's Equity2.4%10,31910,0789,9663,7319,6833,6773,6515.003,6705.005,7578.008,9647,6767,3953,33413.007,1527,01212.0017.00
  Retained Earnings3.3%7,5067,2697,0756,8916,7426,5406,3756,2266,0245,8825,7575,6175,5474,3734,1884,0994,1293,9773,8103,6763,553
  Additional Paid-In Capital0.8%3,8513,8223,7793,7313,7063,6773,6513,6193,6703,6243,6023,5643,5553,3923,3613,3343,3113,2913,2653,2403,126
Accumulated Depreciation-100.0%-803789773755741733723679701696680675890868843839826821798890
Shares Outstanding-0.2%351351352354353357357359349359339339---------
Minority Interest10.3%6.006.006.006.005.005.005.005.005.005.005.008.009.0012.0012.0011.0013.0012.0011.0012.0017.00
Float---26,300---19,500---25,300---17,100---24,100--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations8.6%447411321174464330294215275262280145285482479191475381259156445
  Share Based Compensation-4.7%28.0030.0029.0027.0026.0023.0025.0020.0022.0018.0020.0017.0017.0016.0017.0013.007.0017.0016.0013.003.00
Cashflow From Investing14.5%-71.20-83.30-16.10-24.80-34.20-29.60-20.80-17.90-1,432-1,168-6.50-8.60-43.30-39.80-21.10-44.20-587-181-3,261-24.00948
Cashflow From Financing345.8%799-324-254-187-434-255-250-3321,137183-12.90-65464.00-31.70-445-283238-2113652,411-1,355
  Dividend Payments14.2%28.0025.0025.0025.0025.0025.0025.0025.0025.0025.0024.0024.0024.0024.0024.0024.0024.0024.0023.0023.0023.00
  Buy Backs-17.5%65.0079.00129-67.0013317964.00-------------

FTV Income Statement

2023-12-31
Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total sales$ 6,065.3$ 5,825.7$ 5,254.7
Total cost of sales(2,471.2)(2,462.3)(2,247.6)
Gross profit3,594.13,363.43,007.1
Operating costs:   
Selling, general, and administrative expenses(2,062.6)(1,956.6)(1,839.5)
Research and development expenses(397.8)(401.5)(354.8)
Russia exit and wind down costs0.0(17.9)0.0
Operating profit1,133.7987.4812.8
Non-operating income (expense), net:   
Interest expense, net(123.5)(98.3)(103.2)
Loss on extinguishment of debt0.00.0(104.9)
Gain on investment in Vontier Corporation0.00.057.0
Gain on litigation resolution0.00.029.9
Other non-operating expenses, net(19.4)(15.6)(14.1)
Earnings from continuing operations before income taxes990.8873.5677.5
Income taxes(125.0)(118.3)(63.3)
Net earnings from continuing operations865.8755.2614.2
Earnings (loss) from discontinued operations, net of income taxes0.00.0(5.8)
Net earnings865.8755.2608.4
Mandatory convertible preferred dividends0.00.0(34.5)
Net earnings attributable to common stockholders$ 865.8$ 755.2$ 573.9
Net earnings per common share from continuing operations:   
Net earnings per common share from continuing operations, basic (in dollars per share)$ 2.46$ 2.12$ 1.66
Net earnings per common share from continuing operations, diluted (in dollars per share)2.432.101.65
Net earnings per common share from discontinued operations:   
Net earnings per common share from discontinued operations, basic (in dollars per share)00(0.02)
Net earnings per common share from discontinued operations, diluted (in dollars per share)00(0.02)
Net earnings per common share:   
Net earnings per common share, basic (in dollars per share)2.462.121.64
Net earnings per common share, diluted (in dollars per share)$ 2.43$ 2.10$ 1.63
Average common stock and common equivalent shares outstanding:   
Average common stock and common equivalent shares outstanding, basic (in shares)352.5356.4349.0
Average common stock and common equivalent shares outstanding, diluted (in shares)355.6360.8352.3
Sales of products and software   
Total sales$ 5,137.7$ 4,920.1$ 4,496.1
Total cost of sales(1,981.8)(1,994.8)(1,833.4)
Sales of services   
Total sales927.6905.6758.6
Total cost of sales$ (489.4)$ (467.5)$ (414.2)

FTV Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and equivalents$ 1,888.8$ 709.2
Accounts receivable less allowance for doubtful accounts of $39.2 and $43.9, respectively960.8958.5
Inventories536.9536.7
Prepaid expenses and other current assets285.1272.6
Total current assets3,671.62,477.0
Property, plant and equipment, net439.8421.9
Other assets518.9455.8
Goodwill9,121.79,048.5
Other intangible assets, net3,159.83,487.4
Total assets16,911.815,890.6
Current liabilities:  
Current portion of long-term debt0.0999.7
Trade accounts payable608.6623.0
Accrued expenses and other current liabilities1,182.71,104.4
Total current liabilities1,791.32,727.1
Other long-term liabilities1,149.01,223.3
Long-term debt3,646.22,251.6
Commitments and Contingencies (Note 14)
Equity:  
Common stock: $0.01 par value, 2.0 billion shares authorized; 363.7 and 361.5 issued; 350.7 and 352.9 outstanding; respectively3.63.6
Additional paid-in capital3,851.33,706.3
Treasury shares, at cost(715.8)(442.9)
Retained earnings7,505.96,742.1
Accumulated other comprehensive loss(326.1)(325.7)
Total Fortive stockholders’ equity10,318.99,683.4
Noncontrolling interests6.45.2
Total stockholders’ equity10,325.39,688.6
Total liabilities and equity$ 16,911.8$ 15,890.6
FTV
Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Intelligent Operating Solutions segment provides advanced instrumentation, software and services, which includes electrical test and measurement, facility and asset lifecycle software applications, and worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. Additionally, it markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. Its Precision Technologies segment provides electrical test & measurement, sensing and material technologies under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brands for industrial, power and energy, automotive, medical equipment, food and beverage, aerospace and defense, semiconductor, and other general industries. Advanced Healthcare Solutions segment offers critical workflow solutions including instrument sterilization, instrument tracking, design and manufacture of cell therapy equipment, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, PROVATION, RAYSAFE, and STERRAD brands. The company was incorporated in 2015 and is headquartered in Everett, Washington.
 CEO
 WEBSITEfortive.com
 INDUSTRYConsumer Electronics
 EMPLOYEES18000

Fortive Corp Frequently Asked Questions


What is the ticker symbol for Fortive Corp? What does FTV stand for in stocks?

FTV is the stock ticker symbol of Fortive Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Fortive Corp (FTV)?

As of Wed Apr 17 2024, market cap of Fortive Corp is 28.18 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FTV stock?

You can check FTV's fair value in chart for subscribers.

What is the fair value of FTV stock?

You can check FTV's fair value in chart for subscribers. The fair value of Fortive Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Fortive Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FTV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Fortive Corp a good stock to buy?

The fair value guage provides a quick view whether FTV is over valued or under valued. Whether Fortive Corp is cheap or expensive depends on the assumptions which impact Fortive Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FTV.

What is Fortive Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, FTV's PE ratio (Price to Earnings) is 32.55 and Price to Sales (PS) ratio is 4.65. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FTV PE ratio will change depending on the future growth rate expectations of investors.