Fortive

Fluke is a global manufacturer of application engineered sensors. Founded in 1955, it has over 60 years of experience in designing and manufacturing of level, pressure and flow sensors for use in a wide range of fluids across industry.

Fluke

Gem Sensors & Controls is a global manufacturer of application engineered sensors. Founded in 1955, it has over 60 years of experience in designing and manufacturing of level, pressure and flow sensors for use in a wide range of fluids across industry.

Gem Sensors & Controls

Gillbarco Veeder-Root is a subsidiary of Fortive, is a supplier of fuel dispensers, point of sale systems, payment systems, forecourt merchandising and support services. The company's headquarters is in Greensboro, North Carolina, United States. The company employs approximately 4,000 people around the world, with sales, manufacturing, research, development, and service locations in North and South America, Europe, Asia, the Pacific Rim and Australia.

Gillbarco Veeder-Root

Hengstler specialized in the production of industrial counting and control components. As a subsidiary of Danaher Corporation, it is represented nationwide on the international electro mechanic market.

Hengstler

Industrial Scientific Corp is a developer, manufactures, and services fixed and portable gas detection equipment. Key markets include utilities, chemical production, oil and gas, steel and coke, paper industry, fire service, construction, military, insurance companies, food and drinks, and general industry. Industrial Scientific Corporation is active worldwide, either direct or through distributors.

Industrial Scientific Corp.

Jacobs Vehicle Systems develops and manufacturers commercial vehicle retarding and valve actuation technologies. The company produces light-duty, medium-duty, and heavy-duty engine brakes, recreational vehicle exhaust brakes, aftermarket parts and tune-up kits to heavy-duty diesel engine manufacturers in the United States, Asia and Europe. The company was incorporated in 1990 and is based in Bloomfield, Connecticut. Jacobs Vehicle Systems, Inc. operates as a subsidiary of Fortive Corporation.

Jacobs Vehicle Systems

Matco Tools is an American professional tool distributor for the automotive and other industries and is based in Stow, Ohio, United States. This includes over 13,000 different tools such as wrenches, screw drivers, gauges, and specialty tools. Former corporate owner Danaher spun off several subsidiaries, including Matco, in 2016 to create Fortive.

Matco Tools

Qualitrol is a condition monitoring technology company headquartered in Fairport, New York. Qualitrol manufacturers and distributes partial discharge monitoring, asset protection equipment and information products for the electrical generation, transmission and distribution industries.

Qualitrol

Setra Systems  is a manufacturer of electronic instruments that measure pressure, acceleration, and weight. The products designed and developed by Setra Systems, Inc. are used chiefly in manufacturing industry. Setra Systems Inc. was a fully owned subsidiary of Danaher Corporation.Tektronix, historically widely known as "Tek", is an American company best known for manufacturing test and measurement devices such as oscilloscopes, logic analyzers, and video and mobile test protocol equipment. Originally an independent company, it is now a subsidiary of Fortive, a spinoff from Danaher Corporation.

Setra Systems

Teletrac is a software as a service company headquartered in Southern California with offices in the United Kingdom. It provides cloud-based GPS fleet tracking software and is a subsidiary of Fortive Corporation. Its software has been used to track more than 250,000 vehicles in more than 87 countries.

Teletrac

Fortive Corp. engages in the design, development, manufacturing, and marketing of professional and engineered products, software, and services for a variety of end markets. It operates through the following segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides solutions to accelerate industrial and facility reliability and performance, as well as compliance and safety across a range of vertical end markets, including manufacturing, process industries, healthcare, utilities and power, communications, and electronics. The Precision Technologies segment supplies technologies such as electrical test and measurement instruments and services, energetic material devices, and a broad portfolio of sensor and control system solutions. The Advanced Healthcare Solutions segment serves healthcare customers with products and services for critical activities, including instrument and device reprocessing, instrument tracking, cell therapy equipment design and manufacturing, biomedical test tools, radiation safety monitoring, and asset management. The company was founded by James A. Lico and Stacey A. Walker on November 10, 2015 and is headquartered in Everett, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Fortive reports stellar Q4 results, eyes growth amidst challenges

Fortive's Q4 2022 performance exceeded expectations, showcasing robust revenue and earnings growth across all segments.
While facing challenges in China elective procedures and inflationary pressures, the company remains focused on driving growth and margin expansion in 2023.
Opportunities lie in leveraging cross-selling initiatives, productivity enhancements, and strategic M&A to sustain growth and profitability.
Overall, Fortive's strong financial position and strategic initiatives position it well for continued success and value creation for shareholders.

Fortive surpasses Q1 expectations, eyes sustained growth and margin expansion

Fortive's Q1 performance exceeded expectations, driven by strong core growth and record margins. Despite challenges in AHS, the company is focused on sustaining momentum through strategic initiatives and portfolio expansion. Opportunities for growth and margin improvement are highlighted through new product launches and regional performance expectations.

Fortive reports strong Q2 earnings, raises guidance for 2023

Fortive's Q2 2023 earnings call highlighted robust performance, margin expansion, and strategic focus on growth and sustainability. Despite challenges in Fluke's industrial segment, the company remains optimistic about future growth and profitability.

Fortive reports solid Q3 performance, eyes sustained growth in 2024

Fortive's Q3 earnings call highlighted strong financial performance, strategic acquisitions, and a focus on innovation and profitable growth. Despite challenges in certain markets and operational areas, the company remains optimistic about sustained growth, margin expansion, and free cash flow growth in the coming year. Leveraging acquisitions and strategic alignment are key focus areas for long-term success.

Fortive reports robust Q4 results, eyes growth through strategic acquisitions

Fortive's strong Q4 performance, focus on strategic acquisitions, and confidence in its portfolio setup for 2024 position the company for continued growth. Challenges in China and the sensing business are being addressed, while opportunities in software and margin improvement drive future prospects.

Fortive surpasses Q1 expectations with strong earnings and growth

Fortive had a strong Q1 performance exceeding expectations with record margins and adjusted earnings up 11% year-over-year.
While facing challenges like delayed investments and revenue impacts, the company remains confident in double-digit growth and margin expansion.
Opportunities lie in high-growth markets, AI investments, and disciplined M&A activities to drive future growth.
Overall, Fortive's performance, strengths, and strategic focus position it well for continued success in the year ahead.

Fortive reports resilient Q2 results, eyes sustained growth in 2024

Fortive Corporation demonstrated resilience in Q2 with strong financial performance, operational efficiency, and a strategic focus on recurring revenue growth.
While facing challenges in certain segments due to external factors, the company's commitment to innovation and disciplined capital deployment enhances its competitive position.
Confidence in the updated outlook for 2024, along with positive Q3 projections, underlines Fortive's potential for continued growth and value creation for shareholders.

Fortive reports strong Q3 results, eyes sustained growth opportunities

Fortive's Q3 performance reflects solid execution and growth across key segments, positioning the company for future success.
Strategic focus on innovation, productivity, and shareholder value underscores a commitment to long-term sustainability and profitability.
While facing challenges in core decline and market uncertainties, Fortive remains optimistic about opportunities for growth and margin expansion.
Continued momentum in recurring revenue businesses and strong performance in key segments highlight Fortive's resilience and potential for value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Fortive Corporation (FTV) CEO Jim Lico on Q1 2021 Results - Earnings Call Transcript

Fortive (FTV) reports strong first-quarter 2021 results driven by robust performance of Intelligent Operating Solutions, Precision Technologies and Advanced Healthcare Solutions.

Fortive (FTV) Q1 Earnings Beat Estimates, Revenues Up Y/Y

Shares of Fortive (NYSE:FTV) moved lower in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 14.86% year over year to $0.63, which beat the estimate of $0.60.

Recap: Fortive Q1 Earnings

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Reports Strong First Quarter 2021 Results; Raises Full-Year 2021 Revenue and EPS Guidance

Fortive Reports Strong First Quarter 2021 Results; Raises Full-Year 2021 Revenue and EPS Guidance

Fortive's (FTV) first-quarter results are likely to reflect product portfolio strength, acquisition benefits and solid momentum across segments.

Fortive (FTV) to Report Q1 Earnings: What's in the Cards?

Allegion

Northwest Natural Gas

Northwest Natural Holding Co (NYSE:NWN), Fortive Corp (NYSE:FTV) and Allegion PLC (NYSE:ALLE) announced quarterly dividends this week.

3 Long-Term Payers Announce Dividends

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.07 per share of its common stock, par value $0.01 per share (the “Common Stock”), payable on June 25, 2021 to common stockholders of record on May 28, 2021. In addition, Fortive announced today that its Board of Directors declared a regular quarterly cash dividend of $12.50 per share of its 5.00% Mandatory Convertible Preferred

Fortive Declares Regular Quarterly Dividend on its Common Stock and its Preferred Stock

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) has been notified of an unsolicited “mini-tender offer” by TRC Capital Investment Corporation (“TRC”) for TRC to purchase for cash up to 2,000,000 shares, or approximately 0.59%, of the outstanding common stock of Fortive, at a price of $68.00 per share. TRC's offer price of $68.00 per share represents a 4.57% discount to the closing price per share of Fortive's common stock on March 26, 2021, the last trading day befo

Fortive Recommends Rejection by Shareholders of the Mini-Tender Offer by TRC Capital Investment Corporation

Fortive is well-positioned with its diversified business portfolio and has a long-term growth aspect with its exposure to the automation industry. After the spin-off deal, the company will seek additional investment opportunities, potentially adding additional value.

Fortive: Looks Expensive, But Long-Term Value Is Still There

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the first quarter 2021 on Thursday, April 29, 2021 beginning at 5:30 p.m. ET and lasting approximately 1 hour. The call and an accompanying slide presentation will be webcast on the "Investors" section of Fortive's website, www.fortive.com, under "Events & Presentations." A replay of the webcast will be available at the same location shortly afte

Fortive Schedules First Quarter 2021 Earnings Conference Call

IRVINE, Calif. & EVERETT, Wash.--(BUSINESS WIRE)-- #advancedsterilizationproducts--Advanced Sterilization Products (ASP), a global leader in infection prevention and a wholly owned operating company of Fortive Corporation (NYSE: FTV), has named Aisha Barry the new president of ASP. “Aisha's extensive healthcare background coupled with software and consumer products innovation will help strengthen ASP's digital expertise, develop strategic alliances, and expand our international sales presence,” said Barbara Hulit, Sr. VP of Fo

Advanced Sterilization Products Announces Aisha Barry as President

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced today that its Board of Directors has appointed Daniel L. Comas as a Director of Fortive. Alan Spoon, Chairman of the Board of Fortive, said "We are very excited to welcome Dan to the Fortive Board of Directors. Dan brings a wealth of experience to our Board, and during his tenure as Danaher's Chief Financial Officer he played an instrumental role in the portfolio transition at Danaher. We will benefit from h

Fortive Announces Appointment of Daniel Comas to Its Board of Directors and the Retirement of Steven Rales and Mitchell Rales From the Board

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, Jim Lico, and Senior Vice President and Chief Financial Officer, Chuck McLaughlin, will be presenting at the J.P. Morgan 2021 Industrials Conference on Monday, March 15, 2021 at 2:50 p.m. ET. The audio will be simultaneously webcast and will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a provider of essential technologies for connected workflow sol

Fortive to Present at the J.P. Morgan 2021 Industrials Conference

Fortive Corp (NYSE: FTV) is poised for continued recovery in its core business and earnings accretion from deals over the next 12 to 18 months, according to Morgan Stanley, which downgraded the stock on a valuation basis Wednesday. The Fortive Anlayst: Joshua Pokrzywinski downgraded Fortive from Overweight to Equal-Weight and maintained the price target at $75.

Why This Fortive Analyst Is No Longer Bullish

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Senior Vice President and Chief Financial Officer, Chuck McLaughlin, will be presenting at the Citi 2021 Global Industrials Virtual Conference on Thursday, February 18, 2021 at 2:40 p.m. ET. The audio will be simultaneously webcast and will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end-

Fortive to Present at the Citi 2021 Global Industrials Virtual Conference

Fortive Corporation (FTV) CEO James Lico on Q4 2020 Results - Earnings Call Transcript

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Reports Fourth Quarter 2020 Results

Fortive Reports Fourth Quarter 2020 Results

Fortive's (FTV) strong product portfolio & healthy contribution from acquisitions are likely to reflect on Q4 results. However, its earnings are likely to have been affected by end-market cyclicality.

Fortive (FTV) Gears Up for Q4 Earnings: What's in the Cards?

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced the appointment of Read Simmons as Senior Vice President of Strategy and the promotion of Jonathan Schwarz to Senior Vice President of Corporate Development, both effective February 1, 2021. Mr. Simmons will report directly to Jim Lico, Fortive's President and Chief Executive Officer, and will lead Fortive's strategic development efforts, including as they relate to mergers & acquisitions (M&A)

Fortive Appoints Read Simmons as Senior Vice President--Strategy and Jonathan Schwarz as Senior Vice President--Corporate Development

Fortive (FTV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Fortive (FTV) to Report a Decline in Earnings: What to Look Out for

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the fourth quarter 2020 on Thursday, February 4, 2021 beginning at 5:30 p.m. ET and lasting approximately 1 hour. The call and an accompanying slide presentation will be webcast on the "Investors" section of Fortive's website, www.fortive.com, under "Events & Presentations." A replay of the webcast will be available at the same location shortly a

Fortive Schedules Fourth Quarter 2020 Earnings Conference Call

Brookfield Renewable Partners

Match Group

SYNNEX

SunPower

Spinoffs have been known to unlock value for some businesses by allowing them to focus on their niches rather than being part of a multi-faceted corporation that may not prioritize their specific operations.

Spinoffs Roundup: These Companies Became Independent in 2020

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced today that its Board of Directors has appointed Rejji Hayes as a director of Fortive. In addition, the Board has appointed Mr. Hayes to the Audit Committee of the Board. Alan Spoon, Chairman of the Board of Fortive, said, "We are extremely pleased to welcome Rejji to our Board. With his extensive leadership experience in large and complex enterprises and deep background in accounting, finance, capital markets

Fortive Announces Appointment of Rejji Hayes to Its Board of Directors

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, Jim Lico, and Senior Vice President and Chief Financial Officer, Chuck McLaughlin, will be presenting at the UBS Global TMT Virtual Conference on Monday, December 7, 2020 at 1:55 p.m. ET. The audio will be simultaneously webcast and will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a provider of essential technologies for connected workflow solutio

Fortive to Present at the UBS Global TMT Virtual Conference

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, Jim Lico and Senior Vice President and Chief Financial Officer, Chuck McLaughlin, will be presenting at the Credit Suisse 8th Annual Virtual Industrials Conference on Wednesday, December 02, 2020 at 11:30 a.m. ET. The audio will be simultaneously webcast and will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a provider of essential technologies for

News for Fortive Stock (FTV)