Fortive Corporation
FTV-PA
New York Stock Exchange983.01
USD
-7.99
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Fortive Corporation
FTV-PA
(New York Stock Exchange)
Recent
price
983.01
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Fortive Corporation (NYSE: FTV), an industrial technology company headquartered in Everett, Washington and founded in 2016 as a spin-off from Danaher Corporation, designs, develops, manufactures, markets and services professional and engineered products, software and services across Intelligent Operating Solutions and Advanced Healthcare Solutions segments. Intelligent Operating Solutions offers test tools, thermal imaging and calibration equipment for electrical, industrial, electronic and calibration applications; online condition-based monitoring equipment; portable gas detection equipment, consumables and software-as-a-service offerings; subscription-based technical, analytical and compliance services; software, data analytics and services for critical infrastructure in utility, industrial, energy, construction, public safety, mining and healthcare applications; product realization services and products for end-to-end product creation cycles; materials components; sensing, monitoring and control devices for operational or manufacturing variables; solutions for fuel dispensing, remote fuel management, point-of-sale and payment systems, environmental compliance, vehicle tracking, fleet and traffic management; professional tools, toolboxes and automotive diagnostic equipment; wheel service equipment; and automation and specialty components, marketed under brands including ACCRUENT, ANGI, ASP, CENSIS, CENSITRAC, COATS, DYNAPAR, EVOTECH, FLUKE, FLUKE BIOMEDICAL, FLUKE NETWORKS, GASBOY, GILBARCO, GILBARCO AUTOTANK, GORDIAN, HENGSTLER, INDUSTRIAL SCIENTIFIC, INVETECH, KEITHLEY, LANDAUER, MATCO, ORPAK, PACIFIC SCIENTIFIC, PROVATION, QUALITROL, RAYSAFE, SONIX, STERRAD, TEKTRONIX, TELETRAC NAVMAN and VEEDER-ROOT. Advanced Healthcare Solutions provides critical workflow solutions comprising instrument sterilization, instrument tracking, design and manufacture of cell therapy equipment, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions. The company operates in approximately 50 countries with over 10,000 employees focused on industrial, healthcare, utility, energy, construction, public safety, mining and related end-markets. In recent major changes, Fortive completed the acquisition of EA Elektro-Automatik in January 2024 to enhance its Precision Technologies offerings in power conversion; announced in September 2024 plans for a tax-free spin-off of its Precision Technologies segment into a new independent public company targeted for Q4 2025 completion, allowing Fortive to concentrate on its recurring revenue-heavy Intelligent Operating Solutions and Advanced Healthcare Solutions portfolio comprising approximately 50% recurring revenue; executed the Ralliant separation in June 2025 with Olumide Soroye appointed as President, CEO and Director; sold land and office buildings in March 2024 for a $63.1 million gain; declared regular quarterly dividends and replenished its general share repurchase authorization in November 2025; and reported strong Q4 and full-year 2024 results with 2025 revenue guidance of $6.23 billion to $6.35 billion.