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Fortive Corp
$76.05
After Hours:
$76.05
(0.00%)0.00
Closed: Apr 24, 4:03:27 PM GMT-4 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$80.70
Day range
$72.52 - $78.57
Year range
$62.70 - $87.10
Market cap
26.72B USD
Avg Volume
1.60M
P/E ratio
31.24
Dividend yield
0.42%
Primary exchange
NYSE
CDP Climate Change Score
B
Financials
Income Statement
Revenue
Net income
(USD)Dec 2023Y/Y change
Revenue
1.58B3.52%
Operating expense
639.50M6.48%
Net income
265.20M16.73%
Net profit margin
16.7512.79%
Earnings per share
0.9811.36%
EBITDA
423.70M3.72%
Effective tax rate
4.43%
Total assets
Total liabilities
(USD)Dec 2023Y/Y change
Cash and short-term investments
1.89B166.33%
Total assets
16.91B6.43%
Total liabilities
6.59B6.20%
Total equity
10.33B
Shares outstanding
351.38M
Price to book
2.74
Return on assets
4.73%
Return on capital
5.68%
Net change in cash
(USD)Dec 2023Y/Y change
Net income
265.20M16.73%
Cash from operations
446.80M-3.75%
Cash from investing
-71.20M-108.19%
Cash from financing
798.60M283.76%
Net change in cash
1.17B30,020.51%
Free cash flow
340.39M0.00%
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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