XNYS
FTV
Market cap17bUSD
Jul 24, Last price
51.06USD
1D
-0.10%
1Q
-25.91%
Jan 2017
-4.79%
IPO
8.75%
Name
Fortive Corp
Chart & Performance
Profile
Fortive Corp. is a diversified industrial growth company, which engages in the design, development, manufacturing, and marketing of professional and engineered products, software, and services for a variety of end markets. The company is headquartered in Everett, Washington and currently employs 24,000 full-time employees. The firm designs, develops, manufactures and markets professional and engineered products, software and services for a range of end markets. The firm operates through two segments: Professional Instrumentation and Industrial Technologies. The firm's brands operate in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution markets. The Professional Instrumentation segment offers essential products, software and services used to create actionable intelligence by measuring and monitoring a range of physical parameters in industrial applications, including electrical current, radio frequency signals, distance, pressure and temperature. The Industrial Technologies segment offers critical technical equipment, components, software and services for manufacturing, repair and transportation markets around the world.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 6,231,800 2.75% | 6,065,300 4.11% | 5,825,700 10.87% | |||||||
Cost of revenue | 2,914,800 | 2,869,000 | 2,863,800 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 3,317,000 | 3,196,300 | 2,961,900 | |||||||
NOPBT Margin | 53.23% | 52.70% | 50.84% | |||||||
Operating Taxes | 136,700 | 125,000 | 118,300 | |||||||
Tax Rate | 4.12% | 3.91% | 3.99% | |||||||
NOPAT | 3,180,300 | 3,071,300 | 2,843,600 | |||||||
Net income | 832,900 -3.80% | 865,800 14.65% | 755,200 24.13% | |||||||
Dividends | (111,200) | (102,000) | (99,500) | |||||||
Dividend yield | 0.42% | 0.39% | 0.43% | |||||||
Proceeds from repurchase of equity | (889,600) | (272,900) | (442,900) | |||||||
BB yield | 3.36% | 1.04% | 1.91% | |||||||
Debt | ||||||||||
Debt current | 413,000 | 37,600 | 999,700 | |||||||
Long-term debt | 3,500,700 | 3,936,400 | 2,421,000 | |||||||
Deferred revenue | 45,800 | 38,000 | ||||||||
Other long-term liabilities | 1,251,000 | 976,900 | 1,185,300 | |||||||
Net debt | 3,100,400 | 2,085,200 | 2,671,500 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,526,800 | 1,353,600 | 1,303,200 | |||||||
CAPEX | (120,400) | (107,800) | (95,800) | |||||||
Cash from investing activities | (1,796,000) | (195,400) | (102,500) | |||||||
Cash from financing activities | (792,700) | 32,300 | (1,273,000) | |||||||
FCF | 3,401,500 | 2,779,900 | 3,129,400 | |||||||
Balance | ||||||||||
Cash | 813,300 | 1,888,800 | 709,200 | |||||||
Long term investments | 40,000 | |||||||||
Excess cash | 501,710 | 1,585,535 | 457,915 | |||||||
Stockholders' equity | 7,772,900 | 7,189,800 | 6,425,200 | |||||||
Invested Capital | 14,688,990 | 13,572,565 | 13,572,785 | |||||||
ROIC | 22.51% | 22.63% | 20.35% | |||||||
ROCE | 21.84% | 21.09% | 21.11% | |||||||
EV | ||||||||||
Common stock shares outstanding | 352,800 | 355,600 | 360,800 | |||||||
Price | 75.00 1.86% | 73.63 14.60% | 64.25 -15.78% | |||||||
Market cap | 26,460,000 1.06% | 26,182,828 12.95% | 23,181,400 -13.75% | |||||||
EV | 29,567,400 | 28,274,428 | 25,858,100 | |||||||
EBITDA | 3,860,900 | 3,653,100 | 3,427,500 | |||||||
EV/EBITDA | 7.66 | 7.74 | 7.54 | |||||||
Interest | 152,800 | 123,500 | 98,300 | |||||||
Interest/NOPBT | 4.61% | 3.86% | 3.32% |