Born of Danaher, but with a future uniquely its own, Fortive will comprise operating companies focused on creating essential, technology-based solutions to solve the world's most critical challenges. Fortive has an outstanding heritage in Danaher, which provides a tremendous opportunity from which to launch our new company in 2016. We will be a $6 billion, Fortune 500 company with a strong foundation of success built over 30 years and an amazing team leading the path forward. Fortive operating companies thrive in a world that demands speed, rigor and agility, and together, we can immediately forge ahead with confidence and action, as we create and implement solutions that address our customers' most critical challenges. Like Danaher today, Fortive is passionate about continuous improvement and growth for our associates. The Fortive Business System will be core to our operating model, the cornerstone of our culture, and our competitive advantage.

Company Growth (employees)
Everett, US
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), %


Gross profit (FY, 2016)

3 b

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

872.3 m

EBIT (FY, 2016)

1.2 b

Market capitalization (23-Jun-2017)

22.2 b

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

803.2 m


24.8 b
Fortive's current market capitalization is $22.2 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

Gross profit Margin, %


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


1.2 b1.3 b1.2 b

EBIT margin, %


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


803.2 m

Accounts Receivable

979.3 m945.4 m


522.9 m544.6 m

Current Assets

1.6 b2.5 b


514.8 m547.6 m


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


19.9 x


21.8 x


270.6 k


1.1 x


0.4 x

Financial Leverage

2.8 x

Fortive Operating Metrics

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

Order Book

$1.07 b$1.2 b



Fortive Market Value History

Fortive Revenue Breakdown

Fortive Company Life and Culture

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