OverviewSuggest Edit
Fortive Corporation is an industrial technology company that designs, develops, services, manufactures, and markets professional and engineered products, software, and services for a variety of end markets. Its operating companies are organized into two segments: Professional Instrumentation and Industrial Technologies. The Professional Instrumentation segment offers products, software, and services for measuring and monitoring physical parameters in industrial applications, as well as critical sterilization and disinfection solutions, and products used in the design, development, manufacturing, testing and advanced calibration for electronics and industrial markets. Its Industrial Technologies segment provides critical technical equipment, components, software, and services for manufacturing, repair and transportation markets, such as environmental sensors, fueling equipment, field payment, hardware, remote management and workflow software, vehicle tracking and fleet management software, signaling solutions for traffic light control, and tools for professional auto technicians and tire and wheel repair workshops.
| Type | Public | |
| Founded | 2016 | |
| HQ | Everett, WA, US | Map |
| Website | fortive.com | |
| Employee Ratings | More | |
| Overall Culture | D+ | More |
Recent NewsAll News
- 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
Key People/Management at Fortive
Jim Lico
Chuck McLaughlin
Barbara Hulit
Pat Murphy
Jon Schwarz
Peter Underwood
Fortive Office Locations
Fortive Financials and Metrics
Fortive Revenue
| USD | |
|---|---|
Revenue (Q1, 2021) | 1.3b |
Gross profit (Q1, 2021) | 711.9m |
Gross profit margin (Q1, 2021), % | 56.5% |
Net income (Q1, 2021) | 110.2m |
EBIT (Q1, 2021) | 197.6m |
Market capitalization (3-May-2021) | 24.1b |
Closing stock price (3-May-2021) | 71.3 |
Cash (2-Apr-2021) | 1.3b |
EV | 24.3b |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.7b | 1.9b | 1.8b | 1.6b | 1.9b | 1.9b | 1.7b | 1.6b | 1.7b | 1.3b |
Cost of goods sold | 869.9m | 917.1m | 915.8m | 780.2m | 960.7m | 932.3m | 837.7m | 756.9m | 774.6m | 547.3m |
Gross profit | 870.8m | 938.9m | 924.3m | 812.7m | 904.0m | 927.7m | 875.8m | 814.3m | 896.7m | 711.9m |
Gross profit Margin, % | 50% | 51% | 50% | 51% | 48% | 50% | 51% | 52% | 54% | 57% |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 261.2m | 556.2m | 801.5m | 164.0m | 339.0m | 546.1m | 41.9m | 171.9m | 397.7m | 110.2m |
Depreciation and Amortization | 60.0m | 118.2m | 184.8m | 81.9m | 192.3m | 309.1m | 117.6m | 236.7m | 98.1m | 19.5m |
Inventories | (31.9m) | (68.4m) | (78.9m) | (33.3m) | 45.8m | 69.4m | (16.6m) | (28.9m) | (10.2m) | (3.8m) |
Accounts Payable | (22.2m) | 41.0m | 30.2m | (40.6m) | (11.7m) | (7.9m) | (6.7m) | (23.4m) | 13.4m |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 256.0k |
Debt/Equity | 1.1 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.8 x |
Fortive Operating Metrics
Fortive Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| 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 |
| LANDAUER | September 06, 2017 | $770 m |
| Tektronix | July 05, 2016 | |
| Diagnostic Monitoring Systems | April 08, 2009 | |
| AFS Forecourt Solutions Proprietary Limited | ||
| AKM Asia Pte Ltd | ||
| Anderson Instrument Co. Inc. |
Fortive Revenue Breakdown
Fortive revenue breakdown by business segment: 39.5% from Industrial Technologies and 60.5% from Professional Instrumentation
Fortive revenue breakdown by geographic segment: 34.4% from All Others, 8.1% from China and 57.5% from United States
Fortive Cybersecurity Score
Fortive Environment, Social & Governance (ESG) Ratings
Fortive Online and Social Media Presence
826 Twitter followers
Fortive has 826 Twitter Followers. The number of followers has decreased 0.3% month over month and increased 0.6% quarter over quarter
Fortive's Trends
Fortive Company Culture
Overall Culture
D+
59/100
CEO Rating
C+
68/100
Compensation
C-
59/100
Diversity
A-
76/100
Fortive News and Updates
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 to Present at the Wolfe Research Virtual Industrials Conference
Fortive to Present at the Baird 2020 Global Industrial 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 Barbara Hulit.
How many employees does Fortive have?
Fortive has 25,000 employees.
What is Fortive revenue?
Latest Fortive annual revenue is $4.6 b.
What is Fortive revenue per employee?
Latest Fortive revenue per employee is $185.4 k.
Who are Fortive competitors?
Competitors of Fortive include Dover, Roper Technologies and ESCO 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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