Fortive
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Fortive

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    • Manufacturing & IndustrialTechnologyautomationcomponentsequipment

    Fortive is a diversified company focused on professional instrumentation and industrial technologies. The Company is comprised of operating companies engaged in field solutions, transportation technology, sensing, product realization, automation and specialty, and franchise distribution markets. Its businesses design, develop, service, manufacture, and market professional and engineered products, software and services for a variety of end markets.

    Revenue(FY, 2017)
    $6.7 B
    Market capitalization(2018-04-20)
    $27.1 B
    Backlog(FY, 2017)
    $1.3 B
    Type
    Public
    HQ
    Everett, US
    Founded
    2016
    Size (employees)
    24,000 (est)
    Website
    fortive.com
    Fortive was founded in 2016 and is headquartered in Everett, US
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    Key People/Management at Fortive

    Jim Lico

    Jim Lico

    President & Chief Executive Officer
    Pat Byrne

    Pat Byrne

    Senior Vice President
    Martin Gafinowitz

    Martin Gafinowitz

    Senior Vice President
    Wes Pringle

    Wes Pringle

    Senior Vice President
    Chuck McLaughlin

    Chuck McLaughlin

    Senior Vice President & Chief Financial Officer
    Barbara Hulit

    Barbara Hulit

    Senior Vice President
    Show more

    Fortive Office Locations

    Fortive has an office in Everett
    Everett, US (HQ)
    6920 Seaway Blvd
    Show all (1)
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    Fortive Financials and Metrics

    Fortive Financials

    Fortive's revenue was reported to be $6.66 b in FY, 2017 which is a 6.9% increase from the previous period.
    USD

    Revenue (FY, 2017)

    		6.7 b

    Revenue growth (FY, 2016 - FY, 2017), %

    		6.9%

    Gross profit (FY, 2017)

    		3.3 b

    Gross profit margin (FY, 2017), %

    		49.6%

    Net income (FY, 2017)

    		1 b

    EBIT (FY, 2017)

    		1.4 b

    Market capitalization (20-Apr-2018)

    		27.1 b

    Cash (31-Dec-2017)

    		962.1 m

    EV

    		30.2 b
    Fortive's current market capitalization is $27.1 b.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		6.3 b6.2 b6.2 b6.7 b

    Revenue growth, %

    		(2%)1%7%

    Cost of goods sold

    		3.3 b3.2 b3.2 b3.4 b

    Gross profit

    		3 b3 b3 b3.3 b
    Quarterly
    USDQ2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Revenue

    		1.6 b1.5 b695.2 m1.6 b1.6 b744 m1.6 b1.7 b

    Cost of goods sold

    		800.1 m777.4 m779.5 m787 m794.5 m791.2 m823.7 m845.9 m

    Gross profit

    		764.8 m747.2 m(84.3 m)768.1 m772.9 m(47.2 m)805.1 m839.4 m

    Gross profit Margin, %

    		49%49%(12%)49%49%(6%)49%50%
    show all
    Annual
    USDFY, 2015FY, 2016FY, 2017

    Cash

    		803.2 m962.1 m

    Accounts Receivable

    		979.3 m945.4 m1.1 b

    Prepaid Expenses

    		91.9 m195.5 m250.5 m

    Inventories

    		522.9 m544.6 m580.6 m
    Quarterly
    USDQ2, 2017Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Cash

    		487.2 m724.8 m817.6 m968.4 m910.9 m

    Accounts Receivable

    		948.2 m972 m944.1 m985 m1.1 b

    Prepaid Expenses

    		169.1 m104.3 m184.1 m187.7 m133.1 m

    Inventories

    		557.5 m558.1 m571.6 m560.6 m576.2 m
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		883.4 m863.8 m872.3 m1 b

    Depreciation and Amortization

    		178 m176.9 m176.4 m174.1 m

    Inventories

    		(22.2 m)(27.7 m)(28.7 m)14.3 m

    Accounts Payable

    		28.8 m53.6 m17.2 m24.9 m
    Quarterly
    USDQ2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    		431.1 m627.7 m182 m420.9 m647.8 m199.7 m439.8 m707.6 m

    Depreciation and Amortization

    		88.6 m132.2 m43.9 m88.8 m133.9 m36.7 m73.8 m113.7 m

    Inventories

    		(41.9 m)(52.8 m)(24.6 m)(36.3 m)(34.9 m)(24.2 m)(7.9 m)8.2 m

    Accounts Payable

    		13.4 m500 k(39 m)(12 m)(37.4 m)(47.5 m)(28.8 m)(51.2 m)
    show all
    USDY, 2017

    EV/EBIT

    		22.3 x

    EV/CFO

    		25.6 x

    Revenue/Employee

    		277.3 k

    Financial Leverage

    		2.8 x
    Show all financial metrics

    Fortive Operating Metrics

    Fortive's Backlog was reported to be $1.3b in FY, 2017.
    FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017Mar, 2018

    Backlog

    		$1.02 b$1.08 b$1.07 b$1.20 b$1.33 b

    Brands

    		4

    Countries

    		40 50

    Facilities

    		100 110
    Show all operating metrics

    Fortive Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    TFF Corporation
    AFS Forecourt Solutions Proprietary Limited
    AKM Asia Pte Ltd
    Anhui Shifu Instruments Co. Ltd.
    Fluke Testing Instruments (Shanghai) Co. Ltd.
    Jacobs (Suzhou) Vehicle Systems Co. Ltd
    Keithley Instruments LLC
    KOLLMORGEN Europe GmbH
    Kollmorgen s.r.o.
    Launchchange South Africa Holdings (Pty) Ltd
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    Competitors

    AMETEK
    Manufacturing & Industrial - Public
    Keysight Technologies
    Manufacturing & Industrial - Public
    Dover
    Manufacturing & Industrial - Public
    Stanley Black & Decker
    Manufacturing & Industrial - Public
    National Instruments
    Technology - Public
    ESCO Technologies
    Technology - Public
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    Fortive News and Updates

    March 20, 2018

    Fortive Accelerating Its Transformation Process

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