Fortive Corp (N:FTV)
Business Focus: Industrial Machinery & Equipment
| Sector: Industrials | Industry: Industrial Machinery & Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 6920 Seaway Blvd EVERETT WA 98203-5829 |
| Tel: | N/A |
| Website: | https://www.fortive.com |
| IR: | See website |
| Key People | ||
| James A. Lico President, Chief Executive Officer, Director | Edward Read Simmons Senior Vice President - Strategy | Charles E. McLaughlin Chief Financial Officer, Senior Vice President |
| Andrew Mccauley Group President - Sensing Technologies | Tamara S. Newcombe President and Chief Executive Officer of the Precision Technologies and Advanced Healthcare Solutions segments | Chad Rohrer President - Advanced Sterilization Products |
| Olumide Soroye President and Chief Executive Officer of Intelligent Operating Solutions | Peter C. Underwood Senior Vice President, General Counsel | Stacey A. Walker Senior Vice President - Human Resources | Jonathan L. Schwarz Senior Vice President - Corporate Development |
| Business Overview |
| Fortive Corporation is a provider of essential technologies for connected workflow solutions across a range of end-markets. Its segments include Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment offers advanced instrumentation, software, and services, such as electrical test and measurement, facility, and asset lifecycle software applications, connected worker safety and compliance solutions across a range of vertical end markets, such as manufacturing, process industries, and healthcare. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies offered across a range of vertical end markets, such as automotive and medical equipment. The Advanced Healthcare Solutions segment offers instrument sterilization solutions, instrument tracking, cell therapy equipment design and manufacturing, biomedical test tools, radiation detection and safety monitoring. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Fortive Corp revenues increased 4% to $6.07B. Net income increased 15% to $865.8M. Revenues reflect Intelligent Operating Solutions segment increase of 6% to $2.61B, Precision Technologies segment increase of 5% to $2.13B, United States segment increase of 5% to $3.29B, All Other segment increase of 5% to $2.08B. |
| Employees: | 18,000 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $29,689M as of Dec 31, 2023 |
| Annual revenue (TTM): | $6,065M as of Dec 31, 2023 |
| EBITDA (TTM): | $1,649M as of Dec 31, 2023 |
| Net annual income (TTM): | $865.80M as of Dec 31, 2023 |
| Free cash flow (TTM): | $1,144M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $1,757M as of Dec 31, 2023 |
| Shares outstanding: | 351,379,735 as of Feb 22, 2024 |
| Index Membership: | S&P 500 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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