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Fortive Corp
$77.33
Oct 18, 1:23:36 PM GMT-4 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$77.27
Day range
$76.91 - $77.61
Year range
$63.05 - $87.10
Market cap
27.10B USD
Avg Volume
2.18M
P/E ratio
31.02
Dividend yield
0.41%
Primary exchange
NYSE
CDP Climate Change Score
B
Financials
Income Statement
Revenue
Net income
(USD)Jun 2024Y/Y change
Revenue
1.55B1.70%
Operating expense
626.30M1.99%
Net income
195.10M-6.65%
Net profit margin
12.57-8.18%
Earnings per share
0.939.41%
EBITDA
438.50M8.33%
Effective tax rate
14.69%
Total assets
Total liabilities
(USD)Jun 2024Y/Y change
Cash and short-term investments
644.10M-9.64%
Total assets
17.28B9.88%
Total liabilities
6.78B17.72%
Total equity
10.51B
Shares outstanding
350.34M
Price to book
2.58
Return on assets
4.34%
Return on capital
5.23%
Net change in cash
(USD)Jun 2024Y/Y change
Net income
195.10M-6.65%
Cash from operations
308.90M-3.77%
Cash from investing
-44.80M-178.26%
Cash from financing
-322.00M-26.62%
Net change in cash
-60.50M-251.25%
Free cash flow
253.16M-2.02%
About
Fortive Corporation is an American industrial technology conglomerate company headquartered in Everett, Washington. The company specializes in providing essential technologies for connected workflow solutions; designing, developing, manufacturing and distributing professional and engineered products, software and services. Their products and services are split into three strategic segments; Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. As of December 2022, Fortive has over 18,000 employees in 60 countries worldwide. Fortive was spun off from Danaher in July 2016. Brothers Steven and Mitchell Rales, Danaher's founders, retained board seats with Fortive after the separation. At the point of its independent incorporation, Fortive immediately became a component of the S&P 500. Later the transportation, automation and franchise distribution businesses would be spun off. In 2018 and 2019, Fortune named Fortive as a Future 50 company. In 2020, Fortune named Fortive one of the world's most admired companies. Wikipedia
Founded
2016
Employees
18,000
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