Fortive Corporation
General ticker "FTV" information:
- Sector: Industrials
- Industry: Machinery
- Capitalization: $24.9B (TTM average)
Fortive Corporation follows the US Stock Market performance with the rate: 17.0%.
Estimated limits based on current volatility of 0.7%: low 53.10$, high 53.85$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends (irregularly): last record date 2025-09-12, amount 0.06$ (Y0.11%)
- Total employees count: 18000 (0.0%) as of 2024
- China accounted for 10.4% of revenue in the fiscal year ended 2024-12-31
- US accounted for 54.1% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Economic downturns and volatility, Supply chain disruptions, Geopolitical risks, Commodity price volatility, Labor/talent shortage/retention
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [42.64$, 60.34$]
- 2025-12-31 to 2026-12-31 estimated range: [43.98$, 61.90$]
Financial Metrics affecting the FTV estimates:
- Negative: with PPE of 14.4 at the end of fiscal year the price was very high
- Positive: Operating profit margin, % of 19.17 > 18.64
- Positive: 41.86 < Shareholder equity ratio, % of 59.88 <= 63.39
- Positive: -14.38 < Investing cash flow per share per price, % of -9.14
- Positive: 6.82 < Operating cash flow per share per price, % of 7.77
- Positive: -8.75 < Industry operating profit margin (median), % of -2.62
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 4.67
- Negative: Industry operating cash flow per share per price (median), % of 2.05 <= 5.52
- Negative: -0.15 < Industry inventory ratio change (median), % of -0.01
- Negative: Industry earnings per price (median), % of 0 <= 0
Short-term FTV quotes
Long-term FTV plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $5,825.70MM | $6,065.30MM | $6,294.90MM |
| Operating Expenses | $4,838.30MM | $4,931.60MM | $5,088.30MM |
| Operating Income | $987.40MM | $1,133.70MM | $1,206.60MM |
| Non-Operating Income | $-113.90MM | $-142.90MM | $-237.00MM |
| Interest Expense | $98.30MM | $123.50MM | $152.80MM |
| R&D Expense | $401.50MM | $397.80MM | $414.00MM |
| Income(Loss) | $873.50MM | $990.80MM | $969.60MM |
| Taxes | $118.30MM | $125.00MM | $136.70MM |
| Profit(Loss)* | $755.20MM | $865.80MM | $832.90MM |
| Stockholders Equity | $9,683.40MM | $10,318.90MM | $10,188.60MM |
| Inventory | $536.70MM | $536.90MM | $544.80MM |
| Assets | $15,890.60MM | $16,911.80MM | $17,016.10MM |
| Operating Cash Flow | $1,303.20MM | $1,353.60MM | $1,526.80MM |
| Capital expenditure | $95.80MM | $107.80MM | $120.40MM |
| Investing Cash Flow | $-102.50MM | $-195.40MM | $-1,796.00MM |
| Financing Cash Flow | $-1,273.00MM | $32.30MM | $-792.70MM |
| Earnings Per Share** | $2.12 | $2.46 | $2.39 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.