Fortive market cap is $20.6 b, and annual revenue was $5.25 b in FY 2021

Fortive Gross profit (Q1, 2022)792 M

Fortive Gross profit margin (Q1, 2022), %57.5%

Fortive Net income (Q1, 2022)165.1 M

Fortive EBIT (Q1, 2022)212.3 M

Fortive Cash, 01-Oct-2021838.4 M

Fortive EV22.6 B

Fortive revenue was $5.25 b in FY, 2021 which is a 13.4% year over year increase from the previous period.

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

USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|

## Revenue | 6.5b | 7.3b | 4.6b | 5.3b |

| (3%) | 13% | (37%) | 13% |

## Cost of goods sold | 3.1b | 3.6b | 2.0b | 2.2b |

## Gross profit | 3.3b | 3.7b | 2.6b | 3.0b |

| 51% | 50% | 56% | 57% |

## R&D expense | 414.3m | 456.7m | 320.7m | 354.8m |

## General and administrative expense | 1.7b | 2.2b | 1.7b | 1.8b |

## Operating expense total | 2.1b | 2.7b | 2.1b | 2.2b |

## EBIT | 1.2b | 1.0b | 539.4m | 812.8m |

| 18% | 14% | 12% | 15% |

## Interest expense | 97.0m | 164.2m | 148.5m | 103.2m |

## Pre tax profit | 1.1b | 874.5m | 1.5b | 677.5m |

## Income tax expense | 160.1m | 149.1m | 55.5m | 63.3m |

## Net Income | 2.9b | 738.9m | 1.6b | 614.2m |

## EPS | 8.2 | 2.0 | 4.5 | 1.7 |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 1.6b | 1.9b | 1.9b | 1.7b | 1.6b | 1.9b | 1.3b | 1.3b | 1.3b | 1.4b |

## Cost of goods sold | 780.2m | 960.7m | 932.3m | 837.7m | 756.9m | 918.9m | 547.3m | 564.2m | 555.3m | 584.5m |

## Gross profit | 812.7m | 904.0m | 927.7m | 875.8m | 814.3m | 896.7m | 711.9m | 755.5m | 744.2m | 792.0m |

| 51% | 48% | 50% | 51% | 52% | 47% | 57% | 57% | 57% | 58% |

## R&D expense | 109.0m | 117.4m | 119.1m | 113.7m | 106.6m | 110.7m | 86.2m | 87.8m | 87.8m | 99.1m |

## General and administrative expense | 486.4m | 537.1m | 566.5m | 557.2m | 516.6m | 562.3m | 428.1m | 456.4m | 455.6m | 480.6m |

## Operating expense total | 595.4m | 654.5m | 685.6m | 756.2m | 623.2m | 673.0m | 514.3m | 544.2m | 543.4m | 579.7m |

## EBIT | 217.3m | 249.5m | 242.1m | 119.6m | 191.1m | 310.4m | 197.6m | 211.3m | 200.8m | 212.3m |

| 14% | 13% | 13% | 7% | 12% | 16% | 16% | 16% | 15% | 15% |

## Interest expense | 25.3m | 44.4m | 47.0m | 43.6m | 43.2m | 43.9m | 27.7m | 25.2m | 25.1m | 18.8m |

## Pre tax profit | 192.4m | 204.3m | 235.1m | 71.4m | 153.2m | 265.1m | 118.7m | 207.5m | 174.1m | 190.8m |

## Income tax expense | 28.4m | 29.0m | 27.8m | 29.1m | 22.9m | 39.3m | 7.0m | 25.5m | 23.0m | 25.7m |

## Net Income | 164.0m | 174.6m | 207.1m | 41.9m | 130.0m | 225.8m | 110.2m | 182.0m | 151.1m | 165.1m |

## EPS | 0.4 | 0.5 | 0.6 | 0.1 | 0.3 | 0.6 | 0.3 | 0.5 | 0.4 | 0.5 |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 1.2b | 1.2b | 1.8b |

## Accounts Receivable | 1.2b | 1.4b | 810.3m |

## Inventories | 574.5m | 640.3m | 455.5m |

## Current Assets | 3.2b | 3.7b | 4.4b |

## PP&E | 5.8b | 519.5m | 422.0m |

## Goodwill | 6.1b | 8.4b | 7.4b |

## Total Assets | 12.9b | 17.4b | 16.1b |

## Accounts Payable | 706.5m | 765.5m | 480.8m |

## Short-term debt | 455.6m | 1.6b | 1.4b |

## Current Liabilities | 2.2b | 3.5b | 2.9b |

## Long-term debt | 3.0b | 4.8b | 3.0b |

## Total Debt | 3.4b | 6.4b | 4.4b |

## Common Stock | 3.4m | 3.4m | 3.4m |

## Additional Paid-in Capital | 3.1b | 3.3b | 3.6b |

## Retained Earnings | 3.6b | 4.1b | 5.5b |

## Total Equity | 6.6b | 7.4b | 9.0b |

## Debt to Equity Ratio | 0.5 x | 0.9 x | 0.5 x |

## Debt to Assets Ratio | 0.3 x | 0.4 x | 0.3 x |

## Financial Leverage | 2 x | 2.4 x | 1.8 x |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Net Income | 2.9b | 738.9m | 1.5b |

## Depreciation and Amortization | 260.8m | 426.2m | 384.0m |

## Accounts Receivable | (105.9m) | (166.9m) | 82.4m |

## Inventories | (73.4m) | 118.8m | (7.3m) |

## Accounts Payable | 76.2m | 53.7m | 18.1m |

## Cash From Operating Activities | 1.3b | 1.3b | 1.4b |

## Purchases of PP&E | (112.3m) | (112.5m) | (70.4m) |

## Cash From Investing Activities | (2.0b) | (4.1b) | (148.4m) |

## Short-term Borrowings | (266.1m) | 494.8m | (1.1b) |

## Long-term Borrowings | (1.8b) | (455.3m) | (1.7b) |

## Dividends Paid | (131.5m) | (162.8m) | (94.4m) |

## Cash From Financing Activities | 879.1m | 2.8b | (696.1m) |

## Net Change in Cash | 216.3m | 26.8m | 619.6m |

## Interest Paid | 102.0m | 127.0m | 123.0m |

## Income Taxes Paid | 89.0m | 145.0m | 95.0m |

USD | FY, 2018 |
---|---|

## Revenue/Employee | 268.9k |

## Debt/Equity | 0.5 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 2 x |

Fortive's Backlog was reported to be $1.2b in FY, 2019.

FY, 2020 | FY, 2019 | |
---|---|---|

Male (Professionals), percent | 23% | |

Female (Professionals), percent | 10.3% | |

Male (Senior Leadership), percent | 24.3% | 26% |

Female (Senior Leadership), percent | 9% | 7.3% |

Male, percent | 21.3% | 13.3% |

Female, percent | 12% | 20% |

Female (Board of Directors), percent | 9.7% | |

Male (Board of Directors), percent | 23.7% |