Fortive Corporation 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.

Company Growth (employees)
Type
Public
HQ
Everett, US
Founded
2016
Size (employees)
24,000 (est)
Fortive was founded in 2016 and is headquartered in Everett, US

Fortive Office Locations

Fortive has an office in Everett
Everett, US (HQ)
6920 Seaway Blvd

Fortive Data and Metrics

Fortive Financial Metrics

Fortive's revenue was reported to be $6.2 b in FY, 2016 which is a 1% increase from the previous period.
USD

Revenue (FY, 2016)

6.2 b

Revenue growth (FY, 2015 - FY, 2016), %

1%

Gross profit (FY, 2016)

3 b

Gross profit margin (FY, 2016), %

49%

Net income (FY, 2016)

872.3 m

EBIT (FY, 2016)

1.2 b

Market capitalization (18-Aug-2017)

22.9 b

Cash (31-Dec-2016)

803.2 m

EV

25.5 b
Fortive's current market capitalization is $22.9 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

6.3 b6.2 b6.2 b

Revenue growth, %

(2%)1%

Cost of goods sold

3.3 b3.2 b3.2 b

Gross profit

3 b3 b3 b

Gross profit Margin, %

48%49%49%

R&D expense

387.6 m377.7 m384.8 m

General and administrative expense

1.4 b1.4 b1.4 b

Operating expense total

1.8 b1.7 b1.8 b

EBIT

1.2 b1.3 b1.2 b

EBIT margin, %

20%21%20%

Interest expense

49 m

Pre tax profit

1.3 b1.3 b1.2 b

Income tax expense

395.8 m405.9 m324.7 m

Net Income

883.4 m863.8 m872.3 m
USDFY, 2015FY, 2016

Cash

803.2 m

Accounts Receivable

979.3 m945.4 m

Inventories

522.9 m544.6 m

Current Assets

1.6 b2.5 b

PP&E

514.8 m547.6 m

Goodwill

3.9 b4 b

Total Assets

7.2 b8.2 b

Accounts Payable

657.1 m666.2 m

Total Debt

3.4 b

Current Liabilities

1.3 b1.5 b

Additional Paid-in Capital

2.4 b

Retained Earnings

403 m

Total Equity

5.2 b3 b

Debt to Equity Ratio

1.1 x

Debt to Assets Ratio

0.4 x

Financial Leverage

1.4 x2.8 x
USDFY, 2014FY, 2015FY, 2016

Net Income

883.4 m863.8 m872.3 m

Cash From Operating Activities

946.7 m1 b1.1 b

Purchases of PP&E

(102.6 m)(120.1 m)(129.6 m)

Cash From Investing Activities

(291.1 m)(174.1 m)(310.8 m)

Cash From Financing Activities

(655.6 m)(834.9 m)3.8 m
USDY, 2016

EV/EBIT

20.4 x

EV/CFO

22.4 x

Revenue/Employee

270.6 k

Debt/Equity

1.1 x

Debt/Assets

0.4 x

Financial Leverage

2.8 x

Fortive Operating Metrics

Fortive's Backlog was reported to be $1.2 b in FY, 2016, which is a 12% increase from the previous period
FY, 2015FY, 2016

Backlog

$1.07 b$1.2 b

Countries

40

Fortive Market Value History

Fortive Revenue Breakdown

Traffic Overview of Fortive

Fortive Company Life and Culture

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