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.

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

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
Pat Murphy

Pat Murphy

Senior Vice President

Fortive Office Locations

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

Fortive Financials and Metrics

Fortive Financials

Fortive's revenue was reported to be $6.2 b in FY, 2016

Revenue (Q3, 2017)

1.7 b

Gross profit (Q3, 2017)

839.4 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

267.8 m

EBIT (Q3, 2017)

355.9 m

Market capitalization (08-Dec-2017)

26 b

Cash (29-Sep-2017)

910.9 m


28.8 b
Fortive's current market capitalization is $26 b.
USDFY, 2014FY, 2015FY, 2016


6.3 b6.2 b6.2 b

Revenue growth, %


Cost of goods sold

3.3 b3.2 b3.2 b

Gross profit

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


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, %

USDFY, 2015FY, 2016


803.2 m

Accounts Receivable

979.3 m945.4 m

Prepaid Expenses

91.9 m195.5 m


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


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


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

Net Income

883.4 m863.8 m872.3 m

Depreciation and Amortization

178 m176.9 m176.4 m

Accounts Receivable

(74 m)(51.8 m)24.8 m


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

Accounts Receivable

(13.2 m)(36.2 m)61 m29.9 m9.9 m10 m(20.7 m)(30.8 m)


(41.9 m)(52.8 m)(24.6 m)(36.3 m)(34.9 m)(24.2 m)(7.9 m)8.2 m
USDY, 2017


80.8 x


40.3 x


70.2 k


1.1 x


0.4 x

Financial Leverage

2.7 x
Show all financial metrics

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, 2013FY, 2014FY, 2015FY, 2016


$1.02 b$1.08 b$1.07 b$1.2 b




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 s.r.o.
Launchchange South Africa Holdings (Pty) Ltd
Matco Tools Corporation
Maxtek Components Corporation
Pacific Scientific Energetic Materials Company (California) LLC Delaware
Tektronix (China) Co. Limited
Tektronix China Trading
Tektronix Foundation
Tektronix GmbH
Tektronix International Sales GmbH
Teletrac Navman (UK) Ltd.
Veeder-Root FuelQuest LLC
Serveron Corporation
Teletrac Inc.
ANGI Energy Systems LLC
eMaint Enterprises LLC
Fafnir Gmbh
Fluke Corporation
Fluke Deutschland GmbH
Fluke Electronics Corporation
Fluke Europe B.V.
Fluke Precision Measurement Limited
Global Traffic Technologies Inc.
Hengstler GmbH
Hennessy Industries LLC
Infrared Integrated Systems Limited
Invetech Pty Ltd
Iris Power LP
Joust Capital LLC
Mixed Signals Inc.
Motion Engineering Incorporated
Navman Wireless Australia Pty Ltd
Navman Wireless General Partner LLC
Navman Wireless New Zealand
Navman Wireless North America Ltd.
Navman Wireless UK Limited
Neoptix Canada LP
Orpak Systems Ltd
Pacific Scientific Energetic Materials Company (California) LLC
Setra Systems Inc.
Thomson Industries Inc.
Thomson Linear LLC
Transit Solutions Proprietary Limited
Unfors RaySafe AB
Veeder-Root Company
Veeder-Root do Brasil Comércio e Indústria Ltda
Veeder-Root Petroleum Equipment (Shanghai) Co. Ltd.
Venture Measurement Company LLC
Anderson Instrument Co. Inc.
Ball Screws and Actuators Co. Inc.
Beaverton LLC
Diagnostic Monitoring Systems Limited
Dynapar Corporation
FTV Business Services LLC
FTV Japan Finance Corporation
FTV Surety LLC
Gems Sensors Inc.
Gems Sensors Pension Trustees Limited
Gilbarco Australia Pty Ltd
Gilbarco China Co. Ltd
Gilbarco GmbH & Co. KG
Gilbarco Inc.
Gilbarco S.r.l.
Gilbarco Veeder Root India Private Limited
Gilbarco Veeder Root Nigeria Limited
Jacobs Vehicle Systems Inc.
Janos Technology LLC
Metron U.S. Inc.
PacSci Motion Control Inc.
Portescap India Private Limited
Qualitrol Company LLC
LANDAUERSeptember 06, 2017$770 m
TektronixJuly 05, 2016

Fortive Market Value History

Fortive Revenue Breakdown

Fortive's Web-traffic and Trends

Fortive Online and Social Media Presence

Fortive Company Life and Culture

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