Last 7 days
-1.2%
Last 30 days
-0.3%
Last 90 days
-2.8%
Trailing 12 Months
10.2%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CAT | 118.3B | 61.7B | -3.96% | 1.69% | 17.64 | 1.99 | 17.14% | 3.25% |
ITW | 67.4B | 15.9B | -5.59% | 11.40% | 22.23 | 4.23 | 10.22% | 12.62% |
PCAR | 38.3B | 30.8B | -5.05% | -14.35% | 12.71 | 1.33 | 27.62% | 57.63% |
FTV | 23.0B | 5.9B | -0.31% | 10.24% | 30.14 | 3.9 | 10.01% | 15.14% |
XYL | 18.9B | 5.7B | -3.92% | 22.77% | 53.13 | 3.42 | 9.35% | -16.86% |
MID-CAP | ||||||||
DCI | 7.7B | 3.4B | 0.06% | 25.24% | 21.59 | 2.26 | 10.23% | 12.47% |
MIDD | 7.6B | 4.0B | -1.84% | -3.77% | 17.34 | 1.88 | 16.01% | -7.23% |
ITT | 7.0B | 3.1B | -4.33% | 14.25% | 18.96 | 2.33 | 9.55% | 28.63% |
OSK | 5.0B | 8.6B | -4.02% | -18.13% | 18.88 | 0.58 | 7.43% | -26.63% |
FLS | 4.4B | 3.8B | 3.22% | 13.15% | 23.32 | 1.22 | 7.69% | 140.86% |
MTOR | 2.6B | - | 0.61% | 53.23% | 10.31 | 0.6 | - | - |
ALG | 2.1B | 1.6B | -2.20% | 51.66% | 17.76 | 1.33 | 12.88% | 43.76% |
SMALL-CAP | ||||||||
EPAC | 1.5B | 585.1M | 6.42% | 29.17% | 62.43 | 2.52 | 5.21% | -31.13% |
LNN | 1.3B | 746.9M | -2.35% | -5.16% | 16.53 | 1.75 | 9.53% | 72.07% |
HURC | 141.2M | 238.6M | -2.86% | -18.37% | 23.45 | 0.59 | -3.77% | -37.52% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Revenue | 1.4% | 5,910 | 5,826 | 5,671 | 5,516 | 5,372 |
Gross Profit | 1.7% | 3,420 | 3,363 | 3,265 | 3,165 | 3,087 |
S&GA Expenses | 1.4% | 1,984 | 1,957 | 1,956 | 1,921 | 1,892 |
R&D Expenses | 0.2% | 403 | 402 | 393 | 380 | 368 |
EBITDA | 9.5% | 1,055 | 964 | 918 | 1,241 | - |
EBITDA Margin | 6.6% | 0.18* | 0.17* | 0.17* | 0.23* | - |
Earnings Before Taxes | 1.7% | 889 | 874 | 792 | 750 | 750 |
EBT Margin | 7.3% | 0.15* | 0.14* | 0.14* | 0.14* | - |
Interest Expenses | 13.5% | 112 | 98.00 | 91.00 | 90.00 | 94.00 |
Net Income | 1.1% | 764 | 755 | 693 | 655 | 663 |
Net Income Margin | 6.1% | 0.13* | 0.12* | 0.12* | 0.12* | - |
Free Cahsflow | 17.0% | 1,207 | 1,032 | 976 | 971 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Assets | -0.5% | 15,805 | 15,891 | 15,893 | 16,071 | 16,266 |
Current Assets | -0.9% | 2,455 | 2,477 | 2,448 | 2,445 | 2,448 |
Cash Equivalents | -5.1% | 673 | 709 | 705 | 683 | 684 |
Inventory | 6.2% | 570 | 537 | 561 | 548 | 553 |
Net PPE | 0.9% | 426 | 422 | 405 | 408 | 413 |
Goodwill | 0.1% | 9,057 | 9,049 | 8,978 | 9,058 | 9,133 |
Current Liabilities | -3.6% | 2,630 | 2,727 | 2,592 | 2,611 | 2,562 |
Long Term Debt | -3.3% | 3,559 | 3,682 | 3,739 | - | - |
LT Debt, Current | 0.0% | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
LT Debt, Non Current | -7.0% | 2,095 | 2,252 | 2,559 | 2,682 | 2,739 |
Shareholder's Equity | 1.9% | 9,870 | 9,683 | 9,391 | 9,444 | 9,561 |
Retained Earnings | 2.2% | 6,891 | 6,742 | 6,540 | 6,375 | 6,226 |
Additional Paid-In Capital | 0.7% | 3,731 | 3,706 | 3,677 | 3,651 | 3,619 |
Accumulated Depreciation | 2.4% | 773 | 755 | 741 | 733 | 723 |
Shares Outstanding | 0.2% | 354 | 353 | 354 | 356 | 359 |
Minority Interest | 11.5% | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Cashflow From Operations | -3.1% | 1,263 | 1,303 | 1,114 | 1,046 | 1,031 |
Share Based Compensation | 7.2% | 101 | 94.00 | 90.00 | 86.00 | 81.00 |
Cashflow From Investing | -6.7% | -109 | -102 | -1,500 | -2,639 | -2,624 |
Cashflow From Financing | 11.4% | -1,127 | -1,273 | 299 | 737 | 974 |
Dividend Payments | -0.4% | 99.00 | 100 | 100 | 100 | 99.00 |
Buy Backs | -14.4% | 379 | 443 | 376 | 243 | 64.00 |
63.9%
28.1%
18.1%
Y-axis is the maximum loss one would have experienced if Fortive was unfortunately bought at previous high price.
0.8%
10.1%
FIve years rolling returns for Fortive.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-05-23 | Brookfield Corp /ON/ | new | - | 8,158,450 | 8,158,450 | 0.03% |
2023-05-23 | MOUNTAIN PACIFIC INVESTMENT ADVISERS INC/ID | reduced | -1.2 | 900,236 | 19,553,700 | 1.39% |
2023-05-23 | Front Row Advisors LLC | added | 60.34 | 6,000 | 13,000 | 0.01% |
2023-05-23 | Toroso Investments, LLC | added | 104 | 734,000 | 1,360,000 | 0.02% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 136 | 49,761,000 | 82,839,000 | 0.03% |
2023-05-22 | PUTNAM INVESTMENTS LLC | added | 3.01 | 12,579,000 | 147,879,000 | 0.24% |
2023-05-18 | JPMORGAN CHASE & CO | added | 23.5 | 11,865,500 | 50,096,500 | 0.01% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -4.78 | 374,000 | 36,852,000 | 0.05% |
2023-05-17 | Sunbelt Securities, Inc. | new | - | 12,323 | 12,323 | -% |
2023-05-17 | Advisory Services Network, LLC | reduced | -6.35 | -149 | 23,111 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Feb 14, 2022 | price t rowe associates inc /md/ | 5.5% | 19,758,392 | SC 13G/A | |
Feb 04, 2022 | wellington management group llp | 6.19% | 22,204,547 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 9.3% | 33,420,429 | SC 13G/A | |
Apr 12, 2021 | vanguard group inc | 10.05% | 33,965,479 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 21.09 -68.89% | 28.41 -58.09% | 41.28 -39.11% | 60.70 -10.46% | 73.60 8.57% |
Current Inflation | 20.03 -70.45% | 26.61 -60.75% | 37.14 -45.21% | 53.48 -21.11% | 64.32 -5.12% |
Very High Inflation | 18.66 -72.47% | 24.33 -64.11% | 32.17 -52.54% | 45.06 -33.53% | 53.57 -20.98% |
Date Filed | Form Type | Document | |
---|---|---|---|
May 16, 2023 | 4 | Insider Trading | |
May 10, 2023 | SC 13G/A | Major Ownership Report | |
Apr 26, 2023 | 10-Q | Quarterly Report | |
Apr 26, 2023 | 8-K | Current Report | |
Apr 24, 2023 | ARS | ARS | |
Apr 24, 2023 | DEF 14A | DEF 14A | |
Apr 24, 2023 | DEFA14A | DEFA14A | |
Apr 04, 2023 | 4 | Insider Trading | |
Apr 04, 2023 | 4 | Insider Trading | |
Apr 04, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-05-15 | Newcombe Tamara S. | sold (taxes) | -38,351 | 65.67 | -584 | president & ceo of pt |
2023-02-28 | Mulhall Christopher M. | sold (taxes) | -21,664 | 66.66 | -325 | vp - chief accounting officer |
2023-02-28 | Mulhall Christopher M. | sold (taxes) | -5,666 | 66.66 | -85.00 | vp - chief accounting officer |
2023-02-27 | LICO JAMES A | acquired | - | - | 56,683 | president and ceo |
2023-02-27 | Walker Stacey A. | sold | -220,120 | 67.75 | -3,249 | svp - human resources |
2023-02-27 | Walker Stacey A. | acquired | - | - | 10,713 | svp - human resources |
2023-02-27 | Underwood Peter C | acquired | - | - | 9,137 | svp - general counsel |
2023-02-27 | Mulhall Christopher M. | acquired | - | - | 5,885 | vp - chief accounting officer |
2023-02-27 | Newcombe Tamara S. | acquired | - | - | 14,705 | president & ceo of pt |
2023-02-27 | Mulhall Christopher M. | acquired | - | - | 2,206 | vp - chief accounting officer |
Consolidated Condensed Statements of Earnings - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2023 | Apr. 01, 2022 | |
Total sales | $ 1,460.7 | $ 1,376.5 |
Total cost of sales | (612.5) | (584.5) |
Gross profit | 848.2 | 792.0 |
Operating costs: | ||
Selling, general and administrative expenses | (507.7) | (480.6) |
Research and development expenses | (100.1) | (99.1) |
Operating profit | 240.4 | 212.3 |
Non-operating income (expense), net: | ||
Interest expense, net | (32.1) | (18.8) |
Other non-operating expense, net | (2.5) | (2.7) |
Earnings before income taxes | 205.8 | 190.8 |
Income taxes | (32.2) | (25.7) |
Net earnings | $ 173.6 | $ 165.1 |
Net earnings per share: | ||
Basic (in dollars per share) | $ 0.49 | $ 0.46 |
Diluted (in dollars per share) | $ 0.49 | $ 0.45 |
Average common stock and common equivalent shares outstanding: | ||
Basic (in shares) | 353.6 | 359.3 |
Diluted (in shares) | 356.5 | 368.4 |
Sales of products and software | ||
Total sales | $ 1,236.6 | $ 1,152.7 |
Total cost of sales | (488.1) | (465.1) |
Sales of services | ||
Total sales | 224.1 | 223.8 |
Total cost of sales | $ (124.4) | $ (119.4) |
Consolidated Condensed Balance Sheets - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and equivalents | $ 672.8 | $ 709.2 |
Trade accounts receivable less allowance for doubtful accounts of $41.2 at March 31, 2023 and $43.9 at December 31, 2022 | 940.7 | 958.5 |
Inventories: | ||
Finished goods | 234.8 | 215.3 |
Work in process | 103.6 | 96.4 |
Raw materials | 231.8 | 225.0 |
Inventories | 570.2 | 536.7 |
Prepaid expenses and other current assets | 271.6 | 272.6 |
Total current assets | 2,455.3 | 2,477.0 |
Property, plant and equipment, net of accumulated depreciation of $772.7 at March 31, 2023 and $754.5 at December 31, 2022 | 425.6 | 421.9 |
Other assets | 470.0 | 455.8 |
Goodwill | 9,057.1 | 9,048.5 |
Other intangible assets, net | 3,396.8 | 3,487.4 |
Total assets | 15,804.8 | 15,890.6 |
Current liabilities: | ||
Current portion of long-term debt | 999.8 | 999.7 |
Trade accounts payable | 593.0 | 623.0 |
Accrued expenses and other current liabilities | 1,037.3 | 1,104.4 |
Total current liabilities | 2,630.1 | 2,727.1 |
Other long-term liabilities | 1,204.4 | 1,223.3 |
Long-term debt | 2,094.6 | 2,251.6 |
Commitments and Contingencies (Note 8) | ||
Equity: | ||
Common stock: $0.01 par value, 2.0 billion shares authorized; 362.2 million issued and 353.5 million outstanding at March 31, 2023; 361.5 million issued and 352.9 million outstanding at December 31, 2022 | 3.6 | 3.6 |
Additional paid-in capital | 3,730.5 | 3,706.3 |
Treasury shares, at cost | (442.9) | (442.9) |
Retained earnings | 6,891.0 | 6,742.1 |
Accumulated other comprehensive loss | (312.3) | (325.7) |
Total Fortive stockholders’ equity | 9,869.9 | 9,683.4 |
Noncontrolling interests | 5.8 | 5.2 |
Total stockholders’ equity | 9,875.7 | 9,688.6 |
Total liabilities and equity | $ 15,804.8 | $ 15,890.6 |