FTV - Fortive Corp Stock Price, Fair Value and News

75.98USD-0.23 (-0.30%)Delayed as of 26 Apr 2024, 12:01 pm ET

Market Summary

USD75.98-0.23

Delayedas of 26 Apr 2024, 12:01 pm

-0.30%

FTV Stock Price

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FTV RSI Chart

FTV Valuation

Market Cap

28.0B

Price/Earnings (Trailing)

32.32

Price/Sales (Trailing)

4.57

EV/EBITDA

25.16

Price/Free Cashflow

21.09

FTV Price/Sales (Trailing)

FTV Profitability

EBT Margin

16.63%

Return on Equity

8.26%

Return on Assets

4.94%

Free Cashflow Yield

4.74%

FTV Fundamentals

FTV Revenue

Revenue (TTM)

6.1B

Rev. Growth (Yr)

4.37%

Rev. Growth (Qtr)

-3.74%

FTV Earnings

Earnings (TTM)

865.8M

Earnings Growth (Yr)

16.73%

Earnings Growth (Qtr)

21.65%

Breaking Down FTV Revenue

52 Week Range

62.9079.90

(Low)(High)

Last 7 days

-5%

Last 30 days

-10.3%

Last 90 days

3.0%

Trailing 12 Months

20.8%

How does FTV drawdown profile look like?

FTV Financial Health

Current Ratio

1.5

Debt/Equity

0.38

Debt/Cashflow

0.36

FTV Investor Care

Buy Backs (1Y)

0.42%

Diluted EPS (TTM)

2.52

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	6.1B	0	0	0
2023	5.9B	6.0B	6.0B	6.1B
2022	5.4B	5.5B	5.7B	5.8B
2021	4.8B	5.1B	5.2B	5.3B
2020	4.7B	4.6B	4.6B	4.6B
2019	5.9B	5.5B	5.1B	4.6B
2018	5.9B	6.1B	6.3B	6.5B
2017	6.1B	5.9B	5.8B	5.8B
2016	6.1B	6.1B	6.2B	6.2B
2015	6.3B	6.3B	6.2B	6.2B
2014	0	0	0	6.3B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Fortive Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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

Which funds bought or sold FTV recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Alta Advisers Ltd	unchanged	-	14,868	103,224	0.05%
Apr 24, 2024	DekaBank Deutsche Girozentrale	reduced	-21.82	-1,906,000	20,190,000	0.04%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	reduced	-1.13	78,000	579,000	-%
Apr 24, 2024	Verity & Verity, LLC	new	-	1,673,780	1,673,780	0.19%
Apr 24, 2024	PATTON ALBERTSON MILLER GROUP, LLC	unchanged	-	106,542	739,686	0.11%
Apr 24, 2024	RAYMOND JAMES TRUST N.A.	added	4.62	151,272	831,982	0.02%
Apr 24, 2024	BROWN ADVISORY INC	added	8.39	148,547,000	706,476,000	0.94%
Apr 24, 2024	CENTRAL TRUST Co	added	0.82	19,059	126,192	-%
Apr 24, 2024	NBT BANK N A /NY	reduced	-3.39	244,853	2,147,230	0.16%
Apr 24, 2024	Assenagon Asset Management S.A.	reduced	-7.31	235,619	3,079,950	0.01%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
Apr 24, 2024	10-Q	Quarterly Report
Apr 24, 2024	8-K	Current Report
Apr 22, 2024	ARS	ARS
Apr 22, 2024	DEF 14A	DEF 14A
Apr 22, 2024	DEFA14A	DEFA14A
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	PRE 14A	PRE 14A
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading

Peers (Alternatives to Fortive Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.6T	385.7B	0.11%	3.75%	26	6.8	-0.47%	6.03%
APH	71.4B	12.6B	4.99%	61.01%	37.02	5.69	-0.54%	1.35%
FTV	28.0B	6.1B	-10.27%	20.79%	32.32	4.57	3.71%	14.65%
GLW	26.7B	12.6B	-3.00%	-2.79%	44.62	2.12	-11.28%	-55.18%
FLEX	12.1B	29.4B	0.63%	44.71%	16.06	0.41	-1.12%	-8.06%
MID-CAP
ARW	6.9B	33.1B	1.36%	14.50%	7.6	0.21	-10.82%	-36.63%
CGNX	6.8B	837.5M	-3.73%	-15.36%	60.31	8.15	-16.75%	-47.46%
BMI	5.4B	740.8M	16.83%	41.35%	52.86	7.3	25.07%	42.99%
AVT	4.5B	25.6B	2.52%	22.76%	6.69	0.17	-2.73%	-21.96%
ESE	2.7B	968.8M	0.88%	13.34%	28.93	2.78	9.35%	8.73%
SMALL-CAP
CNXN	1.7B	2.9B	-0.86%	62.63%	20.4	0.6	-8.78%	-6.67%
BHE	1.1B	2.8B	3.45%	43.55%	16.85	0.38	-1.64%	-5.74%
GPRO	260.7M	1.0B	-23.08%	-59.91%	-4.9	0.26	-8.05%	-284.36%
AEY	32.6M	56.7M	-16.79%	42.48%	-3.8	0.59	-41.04%	-726.48%
CPSH	25.7M	27.6M	-3.80%	-33.71%	18.75	0.93	3.62%	-35.71%

Fortive Corp News

Latest updates

Fortive Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-3.7%	1,525	1,584	1,495	1,526	1,461	1,530	1,456	1,463	1,377	1,375	1,301	1,320	1,259	1,325	1,160	1,042	1,108	1,263	1,151	1,169	980
Gross Profit	-4.6%	904	948	893	905	848	893	845	834	792	794	746	756	712	762	652	583	612	707	619	606	552
S&GA Expenses	4.4%	561	537	504	514	508	500	491	485	481	499	456	456	428	495	435	403	416	129	567	537	486
R&D Expenses	4.9%	104	99.00	98.00	100	100	101	101	100	99.00	93.00	88.00	88.00	86.00	83.00	79.00	77.00	81.00	-25.20	119	117	109
EBITDA Margin	2.3%	0.20*	0.20*	0.20*	0.19*	0.18*	0.18*	0.17*	0.17*	0.17*	0.16*	0.37*	0.37*	-	-	-	-	-	-	-	-	-
Interest Expenses	54.4%	44.00	29.00	30.00	33.00	32.00	32.00	26.00	21.00	19.00	25.00	25.00	25.00	28.00	37.00	37.00	36.00	39.00	26.00	47.00	44.00	25.00
Income Taxes	116.3%	27.00	12.00	39.00	41.00	32.00	30.00	28.00	35.00	26.00	8.00	23.00	26.00	7.00	13.00	13.00	12.00	18.00	-16.60	28.00	29.00	28.00
Earnings Before Taxes	-15.7%	234	278	257	250	206	257	218	208	191	176	176	208	119	1,264	99.00	72.00	72.00	-295	235	204	192
EBT Margin	1.8%	0.17*	0.16*	0.16*	0.16*	0.15*	0.15*	0.14*	0.14*	0.14*	0.13*	0.34*	0.33*	-	-	-	-	-	-	-	-	-
Net Income	-100.0%	-	265	218	209	174	227	190	173	165	165	152	181	110	1,216	226	130	42.00	193	207	175	164
Net Income Margin	-1.0%	0.14*	0.14*	0.14*	0.13*	0.13*	0.13*	0.12*	0.12*	0.12*	0.12*	0.32*	0.34*	-	-	-	-	-	-	-	-	-
Free Cashflow	-44.2%	230	413	384	300	150	428	307	276	196	253	251	271	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.6%	17,520	16,912	15,664	15,731	15,805	15,891	15,893	16,071	16,266	16,466	14,976	14,496	14,279	16,052	17,200	16,706	16,932	17,439	16,660	16,468	15,656
Current Assets	-28.8%	2,614	3,672	2,469	2,475	2,455	2,477	2,448	2,445	2,448	2,515	2,425	3,086	2,801	4,447	3,775	3,250	3,446	3,689	3,466	3,436	5,796
Cash Equivalents	-62.7%	705	1,889	714	713	673	709	705	683	684	819	838	1,566	1,300	1,825	1,489	1,063	1,041	1,205	1,061	1,092	3,729
Inventory	8.2%	581	537	553	561	570	537	561	548	553	513	507	488	467	456	662	665	650	416	681	694	608
Net PPE	-3.9%	423	440	431	426	426	422	405	408	413	396	395	400	410	422	514	520	520	416	520	515	468
Goodwill	12.2%	10,235	9,122	9,059	9,052	9,057	9,049	8,978	9,058	9,133	9,152	8,222	7,347	7,340	7,359	8,341	8,298	8,271	7,242	7,996	7,751	6,169
Current Liabilities	-2.9%	1,739	1,791	2,420	2,585	2,630	2,727	2,592	2,611	2,562	3,715	2,869	2,570	2,475	2,861	3,041	2,876	2,121	3,467	2,916	2,791	2,640
Long Term Debt	8.1%	3,942	3,646	1,982	1,978	2,095	2,252	2,559	2,682	2,739	1,807	1,442	1,442	1,442	2,830	4,699	4,686	5,826	4,826	5,016	5,197	4,728
LT Debt, Current	-	-	-	750	1,000	1,000	1,000	1,000	1,000	1,000	2,152	1,143	1,135	1,126	1,400	999	999	250	1,500	1,000	1,000	1,055
LT Debt, Non Current	-100.0%	-	3,646	1,982	1,978	2,095	2,252	2,559	2,682	2,739	1,807	1,442	1,442	1,442	2,830	4,699	4,686	5,826	4,826	5,016	5,197	4,728
Shareholder's Equity	1.5%	10,477	10,319	10,078	9,966	3,731	9,683	3,677	3,651	5.00	3,670	5.00	5,757	8.00	8,964	7,676	7,395	3,334	13.00	7,152	7,012	12.00
Retained Earnings	2.4%	7,685	7,506	7,269	7,075	6,891	6,742	6,540	6,375	6,226	6,024	5,882	5,757	5,617	5,547	4,373	4,188	4,099	4,129	3,977	3,810	3,676
Additional Paid-In Capital	1.4%	3,906	3,851	3,822	3,779	3,731	3,706	3,677	3,651	3,619	3,670	3,624	3,602	3,564	3,555	3,392	3,361	3,334	3,311	3,291	3,265	3,240
Accumulated Depreciation	-2.0%	793	809	803	789	773	755	741	733	723	679	701	696	680	675	890	868	843	839	826	821	798
Shares Outstanding	0.4%	352	351	351	352	354	353	357	357	359	349	359	339	-	-	-	-	-	-	-	-	-
Minority Interest	0%	6.00	6.00	6.00	6.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	8.00	9.00	12.00	12.00	11.00	13.00	12.00	11.00	12.00
Float	-	-	-	-	26,300	-	-	-	19,500	-	-	-	25,300	-	-	-	17,100	-	-	-	24,100	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-42.5%	257	447	411	321	174	464	330	294	215	275	262	280	145	285	482	479	191	475	381	259	156
Share Based Compensation	2.8%	29.00	28.00	30.00	29.00	27.00	26.00	23.00	25.00	20.00	22.00	18.00	20.00	17.00	17.00	16.00	17.00	13.00	7.00	17.00	16.00	13.00
Cashflow From Investing	-2340.2%	-1,737	-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	-24.00
Cashflow From Financing	-61.6%	307	799	-324	-254	-187	-434	-255	-250	-332	1,137	183	-12.90	-654	64.00	-31.70	-445	-283	238	-211	365	2,411
Dividend Payments	-100.0%	-	28.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	23.00	23.00
Buy Backs	-100.0%	-	65.00	79.00	129	-	67.00	133	179	64.00	-	-	-	-	-	-	-	-	-	-	-	-

FTV Income Statement

2024-03-29

Consolidated Condensed Statements of Earnings - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 29, 2024	Mar. 31, 2023
Total sales	$ 1,524.5	$ 1,460.7
Total cost of sales	(620.3)	(612.5)
Gross profit	904.2	848.2
Operating costs:
Selling, general and administrative expenses	(561.0)	(507.7)
Research and development expenses	(104.1)	(100.1)
Gain on sale of property	63.1	0.0
Operating profit	302.2	240.4
Non-operating income (expense), net:
Interest expense, net	(44.0)	(32.1)
Other non-operating expense, net	(24.2)	(2.5)
Earnings before income taxes	234.0	205.8
Income taxes	(26.6)	(32.2)
Net earnings	$ 207.4	$ 173.6
Net earnings per share:
Basic (in dollars per share)	$ 0.59	$ 0.49
Diluted (in dollars per share)	$ 0.58	$ 0.49
Average common stock and common equivalent shares outstanding:
Basic (in shares)	351.7	353.6
Diluted (in shares)	356.0	356.5
Sales of products and software
Total sales	$ 1,299.9	$ 1,236.6
Total cost of sales	(492.0)	(488.1)
Sales of services
Total sales	224.6	224.1
Total cost of sales	$ (128.3)	$ (124.4)

FTV Balance Sheet

2024-03-29

Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Mar. 29, 2024	Dec. 31, 2023
Current assets:
Cash and equivalents	$ 704.6	$ 1,888.8
Accounts receivable less allowance for doubtful accounts of $33.1 and $39.2, respectively	962.6	960.8
Inventories:
Finished goods	226.6	214.1
Work in process	113.9	108.9
Raw materials	240.3	213.9
Inventories	580.8	536.9
Prepaid expenses and other current assets	365.9	285.1
Total current assets	2,613.9	3,671.6
Property, plant and equipment, net of accumulated depreciation of $793.1 and $809.0, respectively	422.7	439.8
Other assets	536.2	518.9
Goodwill	10,234.6	9,121.7
Other intangible assets, net	3,712.7	3,159.8
Total assets	17,520.1	16,911.8
Current liabilities:
Trade accounts payable	667.2	608.6
Accrued expenses and other current liabilities	1,071.5	1,182.7
Total current liabilities	1,738.7	1,791.3
Other long-term liabilities	1,356.6	1,149.0
Long-term debt	3,941.7	3,646.2
Commitments and Contingencies (Note 9)
Equity:
Common stock: $0.01 par value, 2.0 billion shares authorized; 365.3 and 363.7 issued; 352.0 and 350.7 outstanding, respectively	3.7	3.6
Additional paid-in capital	3,906.1	3,851.3
Treasury shares, at cost	(715.8)	(715.8)
Retained earnings	7,685.2	7,505.9
Accumulated other comprehensive loss	(402.5)	(326.1)
Total Fortive stockholders’ equity	10,476.7	10,318.9
Noncontrolling interests	6.4	6.4
Total stockholders’ equity	10,483.1	10,325.3
Total liabilities and equity	$ 17,520.1	$ 16,911.8

About Fortive Corp

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	Mr. James A. Lico
WEBSITE	fortive.com
INDUSTRY	Consumer Electronics
EMPLOYEES	18000

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 Thu Apr 25 2024, market cap of Fortive Corp is 27.98 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 Thu Apr 25 2024, FTV's PE ratio (Price to Earnings) is 32.32 and Price to Sales (PS) ratio is 4.57. 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.