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FTV

FTV - Fortive Corp Stock Price, Fair Value and News

75.60USD-1.49 (-1.93%)Market Closed

Market Summary

FTV
USD75.60-1.49
Market Closed
-1.93%

FTV Stock Price

View Fullscreen

FTV RSI Chart

FTV Valuation

Market Cap

26.6B

Price/Earnings (Trailing)

29.58

Price/Sales (Trailing)

4.34

EV/EBITDA

24.01

Price/Free Cashflow

20.06

FTV Price/Sales (Trailing)

FTV Profitability

EBT Margin

16.63%

Return on Equity

8.59%

Return on Assets

5.13%

Free Cashflow Yield

4.98%

FTV Fundamentals

FTV Revenue

Revenue (TTM)

6.1B

Rev. Growth (Yr)

4.37%

Rev. Growth (Qtr)

-3.74%

FTV Earnings

Earnings (TTM)

899.6M

Earnings Growth (Yr)

19.47%

Earnings Growth (Qtr)

-21.79%

Breaking Down FTV Revenue

Last 7 days

0.0%

Last 30 days

3.1%

Last 90 days

-4.9%

Trailing 12 Months

1.7%

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)

0.43%

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
YearQ1Q2Q3Q4
20246.1B000
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
Jul 15, 2024
mclaughlin charles e
sold (taxes)
-729,750
76.23
-9,573
svp - chief financial officer
Jul 15, 2024
mclaughlin charles e
acquired
470,408
31.75
14,816
svp - chief financial officer
Jun 03, 2024
dubey sharmistha
acquired
125,250
34.6474
3,615
-
Jun 03, 2024
spoon alan g
acquired
217,760
37.9043
5,745
-
Jun 03, 2024
sargent jeannine p
acquired
-
-
1,970
-
Jun 03, 2024
hayes rejji p
acquired
130,199
35.3803
3,680
-
Jun 03, 2024
branderiz eric
acquired
130,199
35.3803
3,680
-
Jun 03, 2024
comas daniel l
acquired
-
-
1,970
-
Jun 03, 2024
mitchell kate
acquired
74,997
25.38
2,955
-
Jun 03, 2024
lassiter wright iii
acquired
115,352
33.0996
3,485
-

1–10 of 50

Which funds bought or sold FTV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
Sumitomo Mitsui Trust Holdings, Inc.
reduced
-4.91
-13,084,000
59,262,400
0.04%
Jul 19, 2024
Chesley Taft & Associates LLC
added
0.36
-914,784
5,835,890
0.29%
Jul 19, 2024
Capital Investment Services of America, Inc.
reduced
-2.05
-4,068,960
21,968,900
2.12%
Jul 19, 2024
FIRST CITIZENS BANK & TRUST CO
added
0.79
-64,741
426,519
0.01%
Jul 19, 2024
NISA INVESTMENT ADVISORS, LLC
added
0.16
-1,167,560
7,340,940
0.05%
Jul 19, 2024
RAYMOND JAMES & ASSOCIATES
added
7.67
-1,991,980
25,475,400
0.02%
Jul 19, 2024
PARSONS CAPITAL MANAGEMENT INC/RI
reduced
-56.69
-2,434,830
1,448,800
0.10%
Jul 19, 2024
SUMITOMO LIFE INSURANCE CO
reduced
-11.77
-199,387
631,480
0.01%
Jul 19, 2024
HARBOR INVESTMENT ADVISORY, LLC
unchanged
-
-6,413
39,866
-%
Jul 19, 2024
First Horizon Advisors, Inc.
reduced
-9.71
-23,431
82,032
-%

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
Jul 16, 2024
4
Insider Trading
Jul 01, 2024
4
Insider Trading
Jul 01, 2024
4
Insider Trading
Jul 01, 2024
4
Insider Trading
Jul 01, 2024
4
Insider Trading
Jul 01, 2024
4
Insider Trading
Jul 01, 2024
4
Insider Trading
Jul 01, 2024
4
Insider Trading
Jul 01, 2024
4
Insider Trading
Jul 01, 2024
4
Insider Trading

Peers (Alternatives to Fortive Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.4T
381.6B
4.71% 16.18%
34.27
9.02
-0.90% 6.43%
38.7B
12.8B
-7.70% -23.67%
18.97
3.01
1.52% 6.35%
38.0B
12.4B
10.25% 33.56%
60.76
3.07
-9.51% -31.36%
26.6B
6.1B
3.12% 1.69%
29.58
4.34
3.71% 17.79%
11.7B
26.4B
-8.19% 2.36%
11.59
0.44
-7.32% 26.86%
MID-CAP
8.5B
847.2M
6.37% -11.49%
85.73
10.08
-8.39% -42.67%
6.5B
31.3B
-2.97% -13.76%
9.1
0.21
-14.93% -46.55%
5.6B
740.8M
0.15% 21.52%
54.69
7.55
25.07% 42.99%
4.7B
24.7B
-0.95% 9.27%
8.28
0.19
-6.09% -33.76%
3.0B
988.8M
12.80% 16.42%
30.88
3.07
8.64% 13.26%
SMALL-CAP
1.7B
2.8B
0.29% 40.34%
20.79
0.62
-10.09% 0.74%
1.5B
2.8B
2.18% 52.62%
22.3
0.52
-4.25% -5.27%
237.2M
986.2M
18.05% -62.53%
-0.65
0.24
-6.21% -5303.34%
25.0M
26.4M
-0.58% -40.07%
32.52
0.95
-2.48% -64.63%
22.4M
56.7M
-9.05% 52.80%
-3.8
0.59
-41.04% -726.48%

Fortive Corp News

Latest updates
MarketBeat3 hours ago
American Banking and Market News15 Jul 202410:43 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-3.7%1,5251,5841,4951,5261,4611,5301,4561,4631,3771,3751,3011,3201,2591,3251,1601,0421,1081,2631,1511,169980
Gross Profit-4.6%904948893905848893845834792794746756712762652583612707619606552
  S&GA Expenses4.4%561537504514508500491485481499456456428495435403416129567537486
  R&D Expenses4.9%10499.0098.0010010010110110099.0093.0088.0088.0086.0083.0079.0077.0081.00-25.20119117109
EBITDA Margin2.5%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 Expenses54.4%44.0029.0030.0033.0032.0032.0026.0021.0019.0025.0025.0025.0028.0037.0037.0036.0039.0026.0047.0044.0025.00
Income Taxes116.3%27.0012.0039.0041.0032.0030.0028.0035.0026.008.0023.0026.007.0013.0013.0012.0018.00-16.6028.0029.0028.00
Earnings Before Taxes-15.7%2342782572502062572182081911761762081191,26499.0072.0072.00-295235204192
EBT Margin1.8%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-21.8%2072652182091742271901731651651521811101,21622613042.00193207175164
Net Income Margin2.8%0.15*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%230413384300150428307276196253251271---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets3.6%17,52016,91215,66415,73115,80515,89115,89316,07116,26616,46614,97614,49614,27916,05217,20016,70616,93217,43916,66016,46815,656
  Current Assets-28.8%2,6143,6722,4692,4752,4552,4772,4482,4452,4482,5152,4253,0862,8014,4473,7753,2503,4463,6893,4663,4365,796
    Cash Equivalents-62.7%7051,8897147136737097056836848198381,5661,3001,8251,4891,0631,0411,2051,0611,0923,729
  Inventory8.2%581537553561570537561548553513507488467456662665650416681694608
  Net PPE-3.9%423440431426426422405408413396395400410422514520520416520515468
  Goodwill12.2%10,2359,1229,0599,0529,0579,0498,9789,0589,1339,1528,2227,3477,3407,3598,3418,2988,2717,2427,9967,7516,169
  Current Liabilities-2.9%1,7391,7912,4202,5852,6302,7272,5922,6112,5623,7152,8692,5702,4752,8613,0412,8762,1213,4672,9162,7912,640
  Long Term Debt8.1%3,9423,6461,9821,9782,0952,2522,5592,6822,7391,8071,4421,4421,4422,8304,6994,6865,8264,8265,0165,1974,728
    LT Debt, Current---7501,0001,0001,0001,0001,0001,0002,1521,1431,1351,1261,4009999992501,5001,0001,0001,055
    LT Debt, Non Current8.1%3,9423,6461,9821,9782,0952,2522,5592,6822,7391,8071,4421,4421,4422,8304,6994,6865,8264,8265,0165,1974,728
Shareholder's Equity1.5%10,47710,31910,0789,9663,7315.005.006,3753,6194.005.003,6023,5643,5557,67612.003,33421.007,1527,0123,240
  Retained Earnings2.4%7,6857,5067,2697,0756,8916,7426,5406,3756,2266,0245,8825,7575,6175,5474,3734,1884,0994,1293,9773,8103,676
  Additional Paid-In Capital1.4%3,9063,8513,8223,7793,7313,7063,6773,6513,6193,6703,6243,6023,5643,5553,3923,3613,3343,3113,2913,2653,240
Accumulated Depreciation-2.0%793809803789773755741733723679701696680675890868843839826821798
Shares Outstanding0.4%352351351352354353355357359349359339---------
Minority Interest0%6.006.006.006.006.005.005.005.005.005.005.005.008.009.0012.0012.0011.0013.0012.0011.0012.00
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-42.5%257447411321174464330294215275262280145285482479191475381259156
  Share Based Compensation2.8%29.0028.0030.0029.0027.0026.0023.0025.0020.0022.0018.0020.0017.0017.0016.0017.0013.007.0017.0016.0013.00
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%307799-324-254-187-434-255-250-3321,137183-12.90-65464.00-31.70-445-283238-2113652,411
  Dividend Payments0%28.0028.0025.0025.0025.0025.0025.0025.0025.0025.0025.0024.0024.0024.0024.0024.0024.0024.0024.0023.0023.00
  Buy Backs-100.0%-65.0079.00129-67.0013317964.00------------
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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 profit904.2848.2
Operating costs:  
Selling, general and administrative expenses(561.0)(507.7)
Research and development expenses(104.1)(100.1)
Gain on sale of property63.10.0
Operating profit302.2240.4
Non-operating income (expense), net:  
Interest expense, net(44.0)(32.1)
Other non-operating expense, net(24.2)(2.5)
Earnings before income taxes234.0205.8
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)351.7353.6
Diluted (in shares)356.0356.5
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 sales224.6224.1
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, respectively962.6960.8
Inventories:  
Finished goods226.6214.1
Work in process113.9108.9
Raw materials240.3213.9
Inventories580.8536.9
Prepaid expenses and other current assets365.9285.1
Total current assets2,613.93,671.6
Property, plant and equipment, net of accumulated depreciation of $793.1 and $809.0, respectively422.7439.8
Other assets536.2518.9
Goodwill10,234.69,121.7
Other intangible assets, net3,712.73,159.8
Total assets17,520.116,911.8
Current liabilities:  
Trade accounts payable667.2608.6
Accrued expenses and other current liabilities1,071.51,182.7
Total current liabilities1,738.71,791.3
Other long-term liabilities1,356.61,149.0
Long-term debt3,941.73,646.2
Commitments and Contingencies (Note 9)
Equity:  
Common stock: $0.01 par value, 2.0 billion shares authorized; 365.3 and 363.7 issued; 352.0 and 350.7 outstanding, respectively3.73.6
Additional paid-in capital3,906.13,851.3
Treasury shares, at cost(715.8)(715.8)
Retained earnings7,685.27,505.9
Accumulated other comprehensive loss(402.5)(326.1)
Total Fortive stockholders’ equity10,476.710,318.9
Noncontrolling interests6.46.4
Total stockholders’ equity10,483.110,325.3
Total liabilities and equity$ 17,520.1$ 16,911.8
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 Fri Jul 19 2024, market cap of Fortive Corp is 26.61 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 Fri Jul 19 2024, FTV's PE ratio (Price to Earnings) is 29.58 and Price to Sales (PS) ratio is 4.34. 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.