Fortive Corp Financials

FTV Stock  USD 79.60  0.50  0.62%   
Based on the analysis of Fortive Corp's profitability, liquidity, and operating efficiency, Fortive Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Fortive Corp's Common Stock Shares Outstanding is fairly stable compared to the past year. Total Current Liabilities is likely to climb to about 2.4 B in 2025, whereas Other Current Liabilities is likely to drop slightly above 379 M in 2025. Key indicators impacting Fortive Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.1337
Sufficiently Up
Very volatile
Return On Assets0.04650.0489
Notably Down
Slightly volatile
Return On Equity0.07770.0817
Notably Down
Slightly volatile
Debt Equity Ratio0.70.3639
Way Up
Slightly volatile
Operating Income876.9 M1.2 B
Way Down
Slightly volatile
Current Ratio1.491.1581
Significantly Up
Very volatile
The financial analysis of Fortive Corp is a critical element in measuring its lifeblood. Investors should not minimize Fortive Corp's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

1.18 Billion

  
Understanding current and past Fortive Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fortive Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Fortive Corp's assets may result in an increase in income on the income statement.

Fortive Corp Earnings Geography

Please note, the imprecision that can be found in Fortive Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fortive Corp. Check Fortive Corp's Beneish M Score to see the likelihood of Fortive Corp's management manipulating its earnings.

Fortive Corp Stock Summary

Fortive Corp competes with Vishay Precision, Sensata Technologies, Badger Meter, Trimble, and MKS Instruments. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington. Fortive Corp operates under Scientific Technical Instruments classification in the United States and is traded on New York Stock Exchange. It employs 18000 people.
Specialization
Industrials, Scientific & Technical Instruments
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS34959J1088
CUSIP34959J108 34959J116
LocationWashington; U.S.A
Business Address6920 Seaway Boulevard,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.fortive.com
Phone425 446 5000
CurrencyUSD - US Dollar

Fortive Corp Key Financial Ratios

Fortive Corp Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets16.1B16.5B15.9B16.9B19.4B13.6B
Other Current Liab444.3M405.5M423.9M470.7M541.3M379.0M
Other Liab1.6B1.2B1.3B1.1B1.3B1.1B
Accounts Payable480.8M557.9M623M608.6M547.7M511.5M
Other Assets344.1M337.3M455.8M1.01.151.09
Net Receivables810.3M930.2M958.5M1.1B1.2B1.1B
Good Will7.4B9.2B9.0B9.1B10.5B7.0B
Inventory455.5M512.7M536.7M536.9M617.4M591.0M
Other Current Assets237.1M505.4M272.6M177.1M203.7M284.7M
Total Liab7.1B6.9B6.2B6.6B7.6B6.2B
Total Current Assets4.4B2.5B2.5B3.7B4.2B3.0B
Short Term Debt1.5B2.2B1.0B37.6M43.2M41.1M
Intangible Assets3.3B3.9B3.5B3.2B3.6B2.5B
Net Tangible Assets(3.4B)(1.5B)(3.5B)(2.9B)(2.6B)(2.7B)
Retained Earnings5.5B6.0B6.7B7.5B8.6B4.4B
Cash1.8B819.3M709.2M1.9B2.2B1.2B
Long Term Debt2.8B1.8B2.3B3.6B3.3B2.6B
Net Debt2.6B3.3B2.5B1.9B1.7B2.4B
Long Term Debt Total4.8B2.8B1.8B2.3B2.0B2.5B
Capital Surpluse3.3B3.6B3.7B3.7B4.3B3.5B
Short Long Term Debt1.5B1.4B2.2B999.7M899.7M1.6B

Fortive Corp Key Income Statement Accounts

The reason investors look at the income statement is to determine what Fortive Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense148.5M103.2M98.3M123.5M152.8M86.5M
Total Revenue4.6B5.3B5.8B6.1B6.2B4.9B
Gross Profit2.6B3.0B3.4B3.6B3.7B3.5B
Operating Income539.4M812.8M987.4M1.1B1.2B876.9M
Ebit563.8M810.6M1.0B1.1B1.0B873.7M
Research Development320.7M354.8M401.5M397.8M414M427.0M
Ebitda947.8M1.2B1.5B1.1B1.2B1.1B
Cost Of Revenue2.0B2.2B2.5B2.5B2.5B2.3B
Income Before Tax1.5B677.5M873.5M990.8M969.6M878.3M
Net Income1.6B608.4M755.2M865.8M832.9M1.1B
Income Tax Expense55.5M63.3M118.3M125M136.7M175.4M
Tax Provision55.5M63.3M118.3M142.5M128.3M145.5M
Net Interest Income(148.5M)(103.2M)(98.3M)(127.1M)(114.4M)(120.1M)
Interest Income164.2M970.7M103.2M98.3M113.0M107.4M

Fortive Corp Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(7.3M)(53.6M)(40.3M)(1.7M)8.8M9.2M
Change In Cash619.6M(1.0B)(110.1M)1.2B(1.1B)(1.0B)
Free Cash Flow1.4B911.1M1.2B1.2B1.4B1.2B
Depreciation384M395.5M465.6M456.8M543.9M333.6M
Other Non Cash Items(567.9M)(29.9M)71.3M1.0B105.8M67.8M
Capital Expenditures75.7M50M95.8M107.8M120.4M111.2M
Net Income1.5B614.2M755.2M865.8M832.9M966.5M
Net Borrowings3.0B(2.1B)753.6M(723.9M)(651.5M)(618.9M)
Dividends Paid163.4M132.2M99.5M102M111.2M105.6M
Change To Netincome21M418.7M68.7M103M118.5M115.5M
Investments(148.4M)(2.6B)(102.5M)(158.4M)(182.2M)(191.3M)
Change Receivables(105.9M)(166.9M)82.4M(84.1M)(75.7M)(79.5M)
End Period Cash Flow1.8B819.3M709.2M1.9B813.3M1.2B

Fortive Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Fortive Corp's current stock value. Our valuation model uses many indicators to compare Fortive Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortive Corp competition to find correlations between indicators driving Fortive Corp's intrinsic value. More Info.
Fortive Corp is rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers reporting about  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fortive Corp is roughly  1.93 . At this time, Fortive Corp's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Fortive Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Fortive Corp Systematic Risk

Fortive Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fortive Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Fortive Corp correlated with the market. If Beta is less than 0 Fortive Corp generally moves in the opposite direction as compared to the market. If Fortive Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fortive Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fortive Corp is generally in the same direction as the market. If Beta > 1 Fortive Corp moves generally in the same direction as, but more than the movement of the benchmark.

Fortive Corp Thematic Clasifications

Fortive Corp is part of Measuring and Control Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Measuring and Control Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Measuring and Control EquipmentView
This theme covers USA Equities from Measuring and Control Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Fortive Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Fortive Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Fortive Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(10.5)

At this time, Fortive Corp's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Fortive Corp February 25, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Fortive Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fortive Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortive Corp based on widely used predictive technical indicators. In general, we focus on analyzing Fortive Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortive Corp's daily price indicators and compare them against related drivers.

Additional Tools for Fortive Stock Analysis

When running Fortive Corp's price analysis, check to measure Fortive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortive Corp is operating at the current time. Most of Fortive Corp's value examination focuses on studying past and present price action to predict the probability of Fortive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive Corp's price. Additionally, you may evaluate how the addition of Fortive Corp to your portfolios can decrease your overall portfolio volatility.