Fortive
- Backlog$1.2 BFY, 2019
- Revenue$5.3 BFY, 2021
- Market Capitalization$20.9 B2022-05-26
OverviewSuggest Edit
Fortive Corporation is an industrial technology company that designs, develops, and markets professional and engineered products, software, and services for a variety of end markets. It operates through three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides workflow solutions to accelerate industrial and facility reliability and performance, as well as compliance and safety across a range of vertical end markets, including manufacturing, process industries, healthcare, utilities and power, communications and electronics. The Precision Technologies segment supplies instrumentation and sensing technologies to a set of vertical end markets. The Advanced Healthcare Solutions segment supplies critical workflow solutions to hospitals and other healthcare customers.
| Type | Public | |
| Founded | 2016 | |
| HQ | Everett, WA, US | Map |
| Website | fortive.com | |
| Employee Ratings | ||
| Overall Culture | D | More |
Recent NewsAll News
- The Good And Bad: Group 1 Automotive And Fortive Corp
- Leading Industrial Technology Conglomerate Fortive Acquires Hourly Worker Human Resources Tool, TeamSense
- Censis Technologies and Cantel Medical Enter Into Partnership to Develop Differentiated Endoscope Reprocessing Software Solution
- Fortive Announces Appointment of Rejji Hayes to Its Board of Directors
Key People/Management at Fortive
Jim Lico
Chuck McLaughlin
Pat Murphy
Tami Newcombe
Olumide Soroye
Peter Underwood
Fortive Office Locations
Fortive Financials and Metrics
Fortive Revenue
| USD | |
|---|---|
Revenue (Q1, 2022) | 1.4b |
Gross profit (Q1, 2022) | 792.0m |
Gross profit margin (Q1, 2022), % | 57.5% |
Net income (Q1, 2022) | 165.1m |
EBIT (Q1, 2022) | 212.3m |
Market capitalization (26-May-2022) | 20.9b |
Closing stock price (26-May-2022) | 60.6 |
Cash (1-Oct-2021) | 838.4m |
EV | 22.8b |
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 164.0m | 339.0m | 546.1m | 41.9m | 171.9m | 398.4m | 111.7m | 293.7m | 444.8m |
Depreciation and Amortization | 81.9m | 192.3m | 309.1m | 117.6m | 236.7m | 352.6m | 97.0m | 192.7m | 291.5m |
Inventories | (33.3m) | 45.8m | 69.4m | (16.6m) | (28.9m) | (10.2m) | (3.8m) | (24.0m) | (46.1m) |
Accounts Payable | (40.6m) | (11.7m) | (7.9m) | (6.7m) | (23.4m) | 13.4m | (13.0m) | 9.1m | 14.8m |
| USD | FY, 2018 |
|---|---|
Debt/Equity | 0.5 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2 x |
Fortive Operating Metrics
Fortive Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Provation Software, Inc. | December 27, 2021 | $1.4 b |
| ServiceChannel | July 24, 2021 | $1.2 b |
| TeamSense | July 24, 2021 | |
| Censis Technologies | November 11, 2019 | |
| Athena SuperHoldCo | September 06, 2018 | $2 b |
| Accruent | August 02, 2018 | $2 b |
| TGG Ultimate Holdings | July 27, 2018 | $778 m |
| Gordian | July 02, 2018 | |
| Orpak Systems | December 31, 2017 | |
| LANDAUER | September 06, 2017 | $770 m |
Fortive Revenue Breakdown
Fortive revenue breakdown by business segment: 23.5% from Advanced Healthcare Solutions, 41.3% from Intelligent Operating Solutions and 35.2% from Precision Technologies
Fortive revenue breakdown by geographic segment: 36.6% from All Others, 12.4% from China and 51.1% from United States
Fortive Cybersecurity Score
Fortive Environment, Social & Governance (ESG) Ratings
Fortive Online and Social Media Presence
911 Twitter followers
Fortive has 911 Twitter Followers. The number of followers has increased 1.2% month over month and increased 2.7% quarter over quarter
Fortive's Trends
Fortive Company Culture
Overall Culture
D
57/100
CEO Rating
C-
64/100
Compensation
C-
60/100
Diversity
B+
73/100
Fortive News and Updates
The Good And Bad: Group 1 Automotive And Fortive Corp
Leading Industrial Technology Conglomerate Fortive Acquires Hourly Worker Human Resources Tool, TeamSense
Censis Technologies and Cantel Medical Enter Into Partnership to Develop Differentiated Endoscope Reprocessing Software Solution
Fortive Announces Appointment of Rejji Hayes to Its Board of Directors
Fortive to Present at the UBS Global TMT Virtual Conference
Fortive to Present at the Credit Suisse 8th Annual Virtual Industrials Conference
Fortive Blogs
Fortive Schedules First Quarter 2020 Earnings Conference Call
Fortive to Present at the Citi 2020 Global Industrials Conference
Fortive to Present at the Barclays 2020 Select Industrial Conference
Fortive to Present at the Citi Global Industrials Conference
Fortive Reports Fourth Quarter 2019 Results
Fortive Corporation’s Fourth Quarter 2019 Earnings Results
Fortive Frequently Asked Questions
When was Fortive founded?
Fortive was founded in 2016.
Who are Fortive key executives?
Fortive's key executives are Jim Lico, Chuck McLaughlin and Pat Murphy.
How many employees does Fortive have?
Fortive has 18,000 employees.
What is Fortive revenue?
Latest Fortive annual revenue is $5.3 b.
What is Fortive revenue per employee?
Latest Fortive revenue per employee is $291.9 k.
Who are Fortive competitors?
Competitors of Fortive include Stanley Black & Decker, Dover and Roper Technologies.
Where is Fortive headquarters?
Fortive headquarters is located at 6920 Seaway Blvd, Everett.
Where are Fortive offices?
Fortive has an office in Everett.
How many offices does Fortive have?
Fortive has 1 office.
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