Fortive Statistics
Total Valuation
Fortive has a market cap or net worth of $27.16 billion. The enterprise value is $30.40 billion.
| Market Cap | 27.16B |
| Enterprise Value | 30.40B |
Important Dates
The last earnings date was Wednesday, April 24, 2024, before market open.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | May 31, 2024 |
Share Statistics
Fortive has 352.03 million shares outstanding. The number of shares has decreased by -0.14% in one year.
| Shares Outstanding | 352.03M |
| Shares Change (YoY) | -0.14% |
| Shares Change (QoQ) | +0.45% |
| Owned by Insiders (%) | 0.32% |
| Owned by Institutions (%) | 96.01% |
| Float | 350.38M |
Valuation Ratios
The trailing PE ratio is 30.62 and the forward PE ratio is 19.57. Fortive's PEG ratio is 1.39.
| PE Ratio | 30.62 |
| Forward PE | 19.57 |
| PS Ratio | 4.43 |
| Forward PS | 4.14 |
| PB Ratio | 2.59 |
| P/FCF Ratio | 20.20 |
| PEG Ratio | 1.39 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.59, with an EV/FCF ratio of 22.61.
| EV / Earnings | 33.79 |
| EV / Sales | 4.96 |
| EV / EBITDA | 18.59 |
| EV / EBIT | 26.33 |
| EV / FCF | 22.61 |
Financial Position
The company has a current ratio of 1.50, with a Debt / Equity ratio of 0.38.
| Current Ratio | 1.50 |
| Quick Ratio | 0.96 |
| Debt / Equity | 0.38 |
| Debt / EBITDA | 2.41 |
| Debt / FCF | 2.93 |
| Interest Coverage | 8.53 |
Financial Efficiency
Return on equity (ROE) is 8.80% and return on invested capital (ROIC) is 6.93%.
| Return on Equity (ROE) | 8.80% |
| Return on Assets (ROA) | 5.50% |
| Return on Capital (ROIC) | 6.93% |
| Revenue Per Employee | $340,506 |
| Profits Per Employee | $49,978 |
| Employee Count | 18,000 |
| Asset Turnover | 0.37 |
| Inventory Turnover | 4.31 |
Taxes
In the past 12 months, Fortive has paid $119.40 million in taxes.
| Income Tax | 119.40M |
| Effective Tax Rate | 11.72% |
Stock Price Statistics
The stock price has increased by +18.51% in the last 52 weeks. The beta is 1.20, so Fortive's price volatility has been higher than the market average.
| Beta (1Y) | 1.20 |
| 52-Week Price Change | +18.51% |
| 50-Day Moving Average | 81.31 |
| 200-Day Moving Average | 76.32 |
| Relative Strength Index (RSI) | 41.95 |
| Average Volume (30 Days) | 1,608,652 |
Short Selling Information
The latest short interest is 2.95 million, so 0.84% of the outstanding shares have been sold short.
| Short Interest | 2.95M |
| Short Previous Month | 3.20M |
| Short % of Shares Out | 0.84% |
| Short % of Float | 0.84% |
| Short Ratio (days to cover) | 1.60 |
Income Statement
In the last 12 months, Fortive had revenue of $6.13 billion and earned $899.60 million in profits. Earnings per share was $2.52.
| Revenue | 6.13B |
| Gross Profit | 3.65B |
| Operating Income | 1.13B |
| Pretax Income | 1.02B |
| Net Income | 899.60M |
| EBITDA | 1.64B |
| EBIT | 1.15B |
| Earnings Per Share (EPS) | $2.52 |
Balance Sheet
The company has $704.60 million in cash and $3.94 billion in debt, giving a net cash position of -$3.24 billion or -$9.20 per share.
| Cash & Cash Equivalents | 704.60M |
| Total Debt | 3.94B |
| Net Cash | -3.24B |
| Net Cash Per Share | -$9.20 |
| Equity / Book Value | 10.48B |
| Book Value Per Share | 29.76 |
| Working Capital | 875.20M |
Cash Flow
In the last 12 months, operating cash flow was $1.44 billion and capital expenditures -$91.20 million, giving a free cash flow of $1.34 billion.
| Operating Cash Flow | 1.44B |
| Capital Expenditures | -91.20M |
| Free Cash Flow | 1.34B |
| FCF Per Share | $3.82 |
Margins
Gross margin is 59.55%, with operating and profit margins of 18.48% and 14.68%.
| Gross Margin | 59.55% |
| Operating Margin | 18.48% |
| Pretax Margin | 16.63% |
| Profit Margin | 14.68% |
| EBITDA Margin | 26.68% |
| EBIT Margin | 18.83% |
| FCF Margin | 21.94% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 0.41%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 0.41% |
| Dividend Growth (YoY) | 10.71% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 12.70% |
| Buyback Yield | 0.14% |
| Shareholder Yield | 0.55% |
| Earnings Yield | 3.31% |
| FCF Yield | 4.95% |
Analyst Forecast
The average price target for Fortive is $87.91, which is 13.93% higher than the current price. The consensus rating is "Buy".
| Price Target | $87.91 |
| Price Target Difference | 13.93% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 9.17% |
| EPS Growth Forecast (5Y) | 19.49% |
Stock Splits
The last stock split was on October 9, 2020. It was a forward split with a ratio of 1195:1000.
| Last Split Date | Oct 9, 2020 |
| Split Type | Forward |
| Split Ratio | 1195:1000 |
Scores
Fortive has an Altman Z-Score of 3.56 and a Piotroski F-Score of 8.
| Altman Z-Score | 3.56 |
| Piotroski F-Score | 8 |