Fortive
- Backlog$1.2 BFY, 2019
- Revenue$5.3 BFY, 2021
- Market Capitalization$23.1 B2022-07-29
OverviewSuggest Edit
Fortive Corporation is an industrial technology company that designs, develops, and markets professional and engineered products, software, and services for a variety of end markets. It operates through three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides workflow solutions to accelerate industrial and facility reliability and performance, as well as compliance and safety across a range of vertical end markets, including manufacturing, process industries, healthcare, utilities and power, communications and electronics. The Precision Technologies segment supplies instrumentation and sensing technologies to a set of vertical end markets. The Advanced Healthcare Solutions segment supplies critical workflow solutions to hospitals and other healthcare customers.
| Type | Public | |
| Founded | 2016 | |
| HQ | Everett, WA, US | Map |
| Website | fortive.com | |
| Employee Ratings | ||
| Overall Culture | D | More |
Recent NewsAll News
- $21.4 Billion Worldwide Sterilization Equipment Industry to 2027 - Featuring Cantel Medical, E-BEAM Services, Fortive and Getinge Among Others
- The Good And Bad: Group 1 Automotive And Fortive Corp
- Leading Industrial Technology Conglomerate Fortive Acquires Hourly Worker Human Resources Tool, TeamSense
- Censis Technologies and Cantel Medical Enter Into Partnership to Develop Differentiated Endoscope Reprocessing Software Solution
Key People/Management at Fortive
Jim Lico
President & CEO
Chris Mulhall
Chief Accounting Officer
Victor Fetter
Chief Information Officer
Chuck McLaughlin
SVP & Chief Financial Officer
Stacey Walker
SVP & Chief Human Resources Officer
Jonathan Schwarz
SVP, Corporate Development
Fortive Office Locations
Fortive has an office in Everett
Everett, WA, US (HQ)
6920 Seaway Blvd
Fortive Financials and Metrics
Fortive Revenue
Fortive's revenue was reported to be $5.25 b in FY, 2021 which is a 13.4% increase from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2022) | 1.4b |
Gross profit (Q1, 2022) | 792.0m |
Gross profit margin (Q1, 2022), % | 57.5% |
Net income (Q1, 2022) | 165.1m |
EBIT (Q1, 2022) | 212.3m |
Market capitalization (29-Jul-2022) | 23.1b |
Closing stock price (29-Jul-2022) | 64.4 |
Cash (1-Apr-2022) | 684.3m |
Fortive's current market capitalization is $23.1 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 164.0m | 339.0m | 546.1m | 41.9m | 171.9m | 398.4m | 111.7m | 293.7m | 444.8m | 165.1m |
Depreciation and Amortization | 81.9m | 192.3m | 309.1m | 117.6m | 236.7m | 352.6m | 97.0m | 192.7m | 291.5m | 21.5m |
Inventories | (33.3m) | 45.8m | 69.4m | (16.6m) | (28.9m) | (10.2m) | (3.8m) | (24.0m) | (46.1m) | (43.2m) |
Accounts Payable | (40.6m) | (11.7m) | (7.9m) | (6.7m) | (23.4m) | 13.4m | (13.0m) | 9.1m | 14.8m | 19.2m |
| USD | FY, 2018 |
|---|---|
Debt/Equity | 0.5 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2 x |
Fortive Operating Metrics
Fortive's Backlog was reported to be $1.2b in FY, 2019.
Fortive Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Provation Software, Inc. | December 27, 2021 | $1.4 b |
| ServiceChannel | July 24, 2021 | $1.2 b |
| TeamSense | July 24, 2021 | |
| 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 |
| Gordian | July 02, 2018 | |
| Orpak Systems | December 31, 2017 | |
| LANDAUER | September 06, 2017 | $770 m |
Fortive Revenue Breakdown
Fortive revenue breakdown by business segment: 23.5% from Advanced Healthcare Solutions, 41.3% from Intelligent Operating Solutions and 35.2% from Precision Technologies
Fortive revenue breakdown by geographic segment: 36.6% from All Others, 12.4% from China and 51.1% from United States
Fortive Cybersecurity Score
Fortive Environment, Social & Governance (ESG) Ratings
Fortive Online and Social Media Presence
917 Twitter followers
Fortive has 917 Twitter Followers. The number of followers has increased 0.4% month over month and increased 1.1% quarter over quarter
Fortive's Trends
Twitter Engagement Stats for @FortiveCorp
264
Tweets
55
Following
917
Followers
4
Tweets last 30 days
0.8
Avg. likes per Tweet
50%
Tweets with engagement
Fortive Company Culture
Overall Culture
D
58/100
CEO Rating
C
65/100
Compensation
C-
60/100
Diversity
B+
73/100
Fortive News and Updates
July 25, 2022
$21.4 Billion Worldwide Sterilization Equipment Industry to 2027 - Featuring Cantel Medical, E-BEAM Services, Fortive and Getinge Among Others
Dublin, July 25, 2022 (GLOBE NEWSWIRE) -- The "Sterilization Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global sterilization equipment market reached a value of US$ 12.5 Billion …
September 13, 2021
The Good And Bad: Group 1 Automotive And Fortive Corp
See two of the featured stocks from this month’s model portfolios.
September 09, 2021
Leading Industrial Technology Conglomerate Fortive Acquires Hourly Worker Human Resources Tool, TeamSense
SEATTLE, Sept. 9, 2021 /PRNewswire/ -- After a successful launch as a COVID symptom tracker tool for the hourly workforce on July 1, 2020, TeamSense, the leading app-free, text-based human resources tool for hourly workers in the manufacturing space was acquired on July 7, 2021 by the...
December 07, 2020
Censis Technologies and Cantel Medical Enter Into Partnership to Develop Differentiated Endoscope Reprocessing Software Solution
Today, Censis Technologies, a wholly owned subsidiary of Fortive Corporation, and Cantel Medical Corp announced a new long-term partnership to combine Cantel’s leading infection prevention endoscope reprocessing workflow portfolio with the surgical asset management and instrument tracking solutions …
December 07, 2020
Fortive Announces Appointment of Rejji Hayes to Its Board of Directors
Fortive Corporation ("Fortive") (NYSE: FTV) announced today that its Board of Directors has appointed Rejji Hayes as a director of Fortive
December 02, 2020
Fortive to Present at the UBS Global TMT Virtual Conference
Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, Jim Lico, and Senior Vice President and Chief Financial Officer, Chuck McLaughlin, will be presenting at the UBS Global TMT Virtual Conference on Monday, December 7, 2020 at 1:55 p.m. ET
Fortive Blogs
April 13, 2020
Fortive Schedules First Quarter 2020 Earnings Conference Call
Dateline City:
EVERETT, Wash.
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that it will webcast its earnings conference call for the first quarter 2020 on Thursday, April 30, 2020 beginnin…
February 19, 2020
Fortive to Present at the Citi 2020 Global Industrials Conference
Location:
The Miami Beach EDITION Hotel, Main Ballroom2901 Collins Avenue
Miami, FL, 33140
United States
See map: Google Maps
Date and Time:
2/20/20 11:00 am - 11:40 am EST
Speaker(s):
Ch…
February 19, 2020
Fortive to Present at the Barclays 2020 Select Industrial Conference
Location:
Loews Miami Beach Hotel, Americana Salon 31601 Collins Avenue
Miami, FL, 33139
United States
See map: Google Maps
Date and Time:
2/20/20 8:35 am - 9:05 am EST
Speaker(s):
Chuck …
February 10, 2020
Fortive to Present at the Citi Global Industrials Conference
Dateline City:
EVERETT, Wash.
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced that Senior Vice President and Chief Financial Officer, Chuck McLaughlin, will be presenting at the Citi Global Industr…
February 06, 2020
Fortive Reports Fourth Quarter 2019 Results
Dateline City:
EVERETT, Wash.
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced results for the fourth quarter 2019.
For the fourth quarter ended December 31, 2019, net earnings from continui…
January 15, 2020
Fortive Corporation’s Fourth Quarter 2019 Earnings Results
Date and Time:
2/6/20 2:30 pm - 3:30 pm PST
Speaker(s):
James A. Lico, President and Chief Executive Officer
TOLL FREE Dial in number: 844-443-2871 or 213-660-0916 (outside…
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, Chris Mulhall and Victor Fetter.
How many employees does Fortive have?
Fortive has 18,000 employees.
What is Fortive revenue?
Latest Fortive annual revenue is $5.3 b.
What is Fortive revenue per employee?
Latest Fortive revenue per employee is $291.9 k.
Who are Fortive competitors?
Competitors of Fortive include Stanley Black & Decker, Dover and Roper 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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