$28.1 B

FTV Mkt cap, 16-Aug-2018

$1.9 B

Fortive Revenue Q2, 2018
Fortive Gross profit (Q2, 2018)938.9 M
Fortive Gross profit margin (Q2, 2018), %50.6%
Fortive Net income (Q2, 2018)295 M
Fortive EBIT (Q2, 2018)356 M
Fortive Cash, 29-Jun-20182.4 B
Fortive EV29.4 B

Fortive Revenue

Fortive revenue was $6.66 b in FY, 2017 which is a 6.9% year over year increase from the previous period.

Embed Graph

Fortive Revenue Breakdown

Embed Graph

Fortive revenue breakdown by business segment: 52.8% from Industrial Technologies and 47.2% from Professional Instrumentation

Fortive revenue breakdown by geographic segment: 31.6% from All Others, 9.2% from China, 54.6% from United States and 4.6% from Other

Fortive Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

6.3 b6.2 b6.2 b6.7 b

Revenue growth, %

(2%)1%7%

Cost of goods sold

3.3 b3.2 b3.2 b3.4 b

Gross profit

3 b3 b3 b3.3 b

Gross profit Margin, %

48%49%49%50%

R&D expense

387.6 m377.7 m384.8 m406 m

General and administrative expense

1.4 b1.4 b1.4 b1.5 b

Operating expense total

1.8 b1.7 b1.8 b1.9 b

EBIT

1.2 b1.3 b1.2 b1.4 b

EBIT margin, %

20%21%20%20%

Interest expense

49 m86 m

Pre tax profit

1.3 b1.3 b1.2 b1.3 b

Income tax expense

395.8 m405.9 m324.7 m239.7 m

Net Income

883.4 m863.8 m872.3 m1 b

Fortive Balance Sheet

Annual

USDFY, 2015FY, 2016FY, 2017

Cash

803.2 m962.1 m

Accounts Receivable

979.3 m945.4 m1.1 b

Prepaid Expenses

91.9 m195.5 m250.5 m

Inventories

522.9 m544.6 m580.6 m

Current Assets

1.6 b2.5 b2.9 b

PP&E

514.8 m547.6 m712.5 m

Goodwill

3.9 b4 b5.1 b

Total Assets

7.2 b8.2 b10.5 b

Accounts Payable

657.1 m666.2 m727.5 m

Current Liabilities

1.3 b1.5 b1.6 b

Long-term debt

3.4 b4.1 b

Total Debt

3.4 b4.1 b

Common Stock

3.5 m3.5 m

Additional Paid-in Capital

2.4 b2.4 b

Retained Earnings

403 m1.4 b

Total Equity

5.2 b3 b3.8 b

Debt to Equity Ratio

1.1 x1.1 x

Debt to Assets Ratio

0.4 x0.4 x

Financial Leverage

1.4 x2.8 x2.8 x

Quarterly

USDQ2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

487.2 m724.8 m817.6 m968.4 m910.9 m1 b2.4 b

Accounts Receivable

948.2 m972 m944.1 m985 m1.1 b1.2 b1.2 b

Prepaid Expenses

169.1 m104.3 m184.1 m187.7 m133.1 m276 m305.1 m

Inventories

557.5 m558.1 m571.6 m560.6 m576.2 m615.9 m642.3 m

Current Assets

2.2 b2.4 b2.5 b2.7 b2.7 b3.1 b4.5 b

PP&E

534 m538.3 m552.9 m562.8 m673.2 m709.8 m690.4 m

Goodwill

4 b4 b4 b4 b4.6 b5.1 b5.1 b

Total Assets

7.8 b8.1 b8.2 b8.5 b9.3 b10.7 b12 b

Accounts Payable

644.2 m619.4 m623.3 m648.6 m646.1 m711.7 m763.5 m

Short-term debt

799.3 m

Current Liabilities

1.4 b1.4 b1.4 b1.4 b1.4 b1.5 b2.3 b

Long-term debt

3.4 b3.5 b3.3 b3.2 b3.7 b1.1 b2.9 b

Total Debt

3.4 b3.5 b3.3 b3.2 b3.7 b1.1 b3.7 b

Common Stock

3.5 m3.5 m3.5 m3.5 m3.5 m3.5 m3.5 m

Additional Paid-in Capital

2.4 b2.4 b2.4 b2.4 b2.5 b3.8 b

Retained Earnings

202.7 m578.5 m794.2 m1 b1.6 b1.9 b

Total Equity

2.4 b2.6 b2.9 b3.2 b3.5 b4.1 b5.6 b

Debt to Equity Ratio

1.4 x1.4 x1.1 x1 x1.1 x0.3 x0.7 x

Debt to Assets Ratio

0.4 x0.4 x0.4 x0.4 x0.4 x0.1 x0.3 x

Financial Leverage

3.3 x3.2 x2.8 x2.7 x2.7 x2.6 x2.1 x

Fortive Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

883.4 m863.8 m872.3 m1 b

Depreciation and Amortization

178 m176.9 m176.4 m174.1 m

Accounts Receivable

(74 m)(51.8 m)24.8 m(65.4 m)

Inventories

(22.2 m)(27.7 m)(28.7 m)14.3 m

Accounts Payable

28.8 m53.6 m17.2 m24.9 m

Cash From Operating Activities

946.7 m1 b1.1 b1.2 b

Purchases of PP&E

(102.6 m)(120.1 m)(129.6 m)(136.1 m)

Cash From Investing Activities

(291.1 m)(174.1 m)(310.8 m)(1.7 b)

Short-term Borrowings

375.2 m557.6 m

Dividends Paid

(3 b)(97.2 m)

Cash From Financing Activities

(655.6 m)(834.9 m)3.8 m599.7 m

Net Change in Cash

803.2 m158.9 m

Quarterly

USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

431.1 m627.7 m182 m420.9 m647.8 m199.7 m439.8 m707.6 m261.2 m556.2 m

Depreciation and Amortization

88.6 m132.2 m43.9 m88.8 m133.9 m36.7 m73.8 m113.7 m60 m118.2 m

Accounts Receivable

(13.2 m)(36.2 m)61 m29.9 m9.9 m10 m(20.7 m)(30.8 m)(20.1 m)(54 m)

Inventories

(41.9 m)(52.8 m)(24.6 m)(36.3 m)(34.9 m)(24.2 m)(7.9 m)8.2 m(31.9 m)(68.4 m)

Accounts Payable

13.4 m500 k(39 m)(12 m)(37.4 m)(47.5 m)(28.8 m)(51.2 m)(22.2 m)41 m

Cash From Operating Activities

384.8 m621.1 m177.2 m487.8 m819.4 m148.3 m394 m713 m171 m512.8 m

Purchases of PP&E

(52.4 m)(87 m)(28.4 m)(61.4 m)(90 m)(26.8 m)(55.6 m)(87.7 m)(31.4 m)(58.7 m)

Cash From Investing Activities

(49.7 m)(83.9 m)(39.2 m)(69.8 m)(276.3 m)(27.4 m)(58.6 m)(888.3 m)(39 m)(64.1 m)

Short-term Borrowings

525.6 m(95.5 m)(158.8 m)176.8 m(74.3 m)(326 m)

Dividends Paid

(3 b)(3 b)(24.2 m)(48.6 m)(72.8 m)(24.3 m)(48.7 m)

Cash From Financing Activities

(335.1 m)(537.2 m)(138 m)69.2 m180.8 m(119.4 m)(200.1 m)240.8 m(94.2 m)978.8 m

Net Change in Cash

487.2 m724.8 m14.4 m165.2 m107.7 m53.6 m1.4 b

Fortive Ratios

USDY, 2018

EV/EBIT

82.6 x

EV/CFO

57.4 x

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.1 x
Report incorrect company information

Fortive Operating Metrics

Fortive's Backlog was reported to be $1.3b in FY, 2017.
FY, 2013FY, 2014FY, 2015Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Mar, 2018Q1, 2018Q2, 2018

Backlog

$1.02 b$1.08 b$1.07 b$1.20 b$1.33 b

Brands

4

Countries

40 40 40 40 40 40 50 50 50

Facilities

100 110

Manufacturing Facilities

22
Report incorrect company information