Fortive Corporation (FTV)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 4,634 | 5,255 | 5,826 | 6,065 | 6,232 | 5,143 | 4,316 | 4,368 |
| Operating profit | $m | 909 | 787 | ||||||
| Net profit | $m | 1,613 | 608 | 755 | 866 | 833 | 579 | 534 | 957 |
| EPS reported | $ | 1.74 | 1.70 | ||||||
| Operating cashflow per share | $ | 3.42 | 3.46 | ||||||
| Capex per share | $ | 0.33 | 0.32 | ||||||
| FCF per share | $ | 3.09 | 3.14 | ||||||
| Free cash flow | $m | 978 | 955 | ||||||
| Net debt | $m | 2,831 | 3,135 | ||||||
| Book value equity | $m | 6,453 | 6,061 | ||||||
| Book value per share | $ | 20.20 | 19.70 | ||||||
| Number of shares | m | 319.4 | 307.6 | ||||||
| DPS (TTM paid) | $ | 0.24 | 0.25 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 31.73 | 32.99 | ||||||
| P/B LTM | x | 2.71 | 2.88 | ||||||
| P/S LTM | x | 3.40 | 4.05 | ||||||
| P/FCF LTM | x | 17.86 | 18.29 | ||||||
| EV/EBITDA LTM | x | 16.91 | 18.94 | ||||||
| EV/Sales LTM | x | 3.95 | 5.04 | ||||||
| Earnings Yield LTM | % | +3.15% | +3.03% | ||||||
| FCF Yield | % | +5.60% | +5.47% | ||||||
| Quality | |||||||||
| ROE | % | +8.98% | +8.52% | ||||||
| ROIC | % | +7.44% | +6.83% | ||||||
| Operating margin | % | +17.67% | +18.23% | ||||||
| Gross margin | % | +60.96% | +63.23% | ||||||
| FCF/Sales | % | +19.02% | +22.13% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -26.27% | -27.97% | ||||||
| Sales Growth YoY | % | -17.48% | -30.75% | ||||||
| Net Income Growth YoY | % | -30.46% | -35.84% | ||||||
| FCF Growth | % | -30.45% | -32.10% | ||||||
| Operating Profit Growth | % | -22.76% | -33.14% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +0.53% | +0.39% | ||||||
| Dividend Growth | % | -0.22% | +3.70% | ||||||
| Payout Ratio | % | +16.59% | +10.42% | ||||||
| FCF/Debt | x | 0.31 | 0.27 | ||||||
| Net Debt/EBITDA | x | 2.36 | 2.92 | ||||||
| EBIT/Net interest | x | 7.54 | 6.38 | ||||||
| Net debt/market cap | % | +18.35% | +18.86% | ||||||
| Net debt/Equity | x | 0.44 | 0.52 | ||||||
| Gross debt/equity | x | 0.50 | 0.58 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Fortive Corporation is a global industrial technology company that specializes in the conception, development, manufacturing, marketing, and servicing of sophisticated professional and engineered products, as well as software platforms and associated services. Its Intelligent Operating Solutions division aims to boost efficiency and safety in operations. This segment delivers a variety of offerings, including advanced tools for ensuring equipment reliability, comprehensive enterprise software for managing environmental, health, safety, and quality (EHSQ) compliance, and specialized software for the entire lifecycle of facilities and assets. It also provides solutions for pre-construction planning and procurement, robust professional testing instruments, precise calibration tools for electrical, pressure, and temperature measurements, and portable devices for gas detection. These products and services cater to diverse industries such as manufacturing, process industries, healthcare, utilities and power generation, communications, and electronics. Key brands within this segment include ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL. The company's Precision Technologies segment focuses on delivering critical measurement and control solutions. Its portfolio encompasses electrical testing and measurement instruments and related services, high-performance energetic material devices, and advanced sensor and control system solutions. These technologies are crucial for demanding sectors like power and energy management, medical equipment manufacturing, food and beverage production, aerospace and defense, off-highway vehicles, electronics, semiconductor fabrication, and various other industrial applications. This segment markets its offerings under brands such as ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX. Fortive's Advanced Healthcare Solutions division provides a comprehensive suite of hardware, software, and services specifically designed for the healthcare sector. This includes solutions for reprocessing and tracking medical instruments and devices, specialized biomedical testing tools, systems for radiation safety monitoring, and asset management services. Additionally, it offers subscription-based surgical inventory management platforms that optimize inventory and ensure regulatory adherence, alongside expert technical, analytical, and compliance services focused on determining radiation exposure. Brands in this segment include ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD. Established in 2015, Fortive Corporation maintains its corporate headquarters in Everett, Washington.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Fortive Corporation is a global industrial technology company that specializes in the conception, development, manufacturing, marketing, and servicing of sophisticated professional and engineered products, as well as software platforms and associated services. Its Intelligent Operating Solutions division aims to boost efficiency and safety in operations. This segment delivers a variety of offerings, including advanced tools for ensuring equipment reliability, comprehensive enterprise software for managing environmental, health, safety, and quality (EHSQ) compliance, and specialized software for the entire lifecycle of facilities and assets. It also provides solutions for pre-construction planning and procurement, robust professional testing instruments, precise calibration tools for electrical, pressure, and temperature measurements, and portable devices for gas detection. These products and services cater to diverse industries such as manufacturing, process industries, healthcare, utilities and power generation, communications, and electronics. Key brands within this segment include ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL. The company's Precision Technologies segment focuses on delivering critical measurement and control solutions. Its portfolio encompasses electrical testing and measurement instruments and related services, high-performance energetic material devices, and advanced sensor and control system solutions. These technologies are crucial for demanding sectors like power and energy management, medical equipment manufacturing, food and beverage production, aerospace and defense, off-highway vehicles, electronics, semiconductor fabrication, and various other industrial applications. This segment markets its offerings under brands such as ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX. Fortive's Advanced Healthcare Solutions division provides a comprehensive suite of hardware, software, and services specifically designed for the healthcare sector. This includes solutions for reprocessing and tracking medical instruments and devices, specialized biomedical testing tools, systems for radiation safety monitoring, and asset management services. Additionally, it offers subscription-based surgical inventory management platforms that optimize inventory and ensure regulatory adherence, alongside expert technical, analytical, and compliance services focused on determining radiation exposure. Brands in this segment include ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD. Established in 2015, Fortive Corporation maintains its corporate headquarters in Everett, Washington.
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