Fortive Corp

Fortive Corp

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Market Cap$17.78B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Fortive CorpFortive Corp33.20.41%9%40.6

Earnings Call Q1 2025

May 1, 2025 - AI Summary

Earnings Performance: Fortive reported adjusted earnings per share (EPS) of $0.85 for Q1 2025, reflecting a 2% increase year-over-year. While revenue declined slightly more than expected, the company achieved adjusted operating profit margins expansion and better-than-expected free cash flow of $222 million.
Segment Performance and Forecasts: Core revenue for Precision Technologies (PT) declined 8.4%, primarily due to delays in customer investments stemming from political and macroeconomic uncertainties. In contrast, Intelligent Operating Solutions (IOS) and Advanced Healthcare Solutions (AHS) segments exhibited growth, with core revenues up 2.2% and 2.5%, respectively. For Q2, PT is expected to show a modest improvement, while IOS and AHS are anticipated to continue steady growth.
Tariff Challenges and Countermeasures: Fortive faces estimated gross tariff impacts between $190 million to $220 million, primarily affecting imports from China. The company has implemented countermeasures, including strategic pricing and localizing manufacturing, aiming to mitigate approximately 80% of the tariff impact by the end of 2025.

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$63.83

Target Price by Analysts

5.3% upsideFortive Target Price DetailsTarget Price
$59.82

Current Fair Value

1.3% downside

Overvalued by 1.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$17.78 Billion
Enterprise Value$20.91 Billion
Dividend Yield$0.24 (0.41%)
Earnings per Share$1.75
Beta1.01
Outstanding Shares309,600,000

Return

Return on Equity8.94%ROE
Return on Assets4.69%
Return on Invested Capital8.51%

Valuation & Multiples

P/E Ratio33.21P/E Ratio
PEG-160.81PEG
Price to Sales4.04Price to Sales
Price to Book Ratio3.19Price to Book Ratio
Enterprise Value to Revenue4.41
Enterprise Value to EBIT26.15
Enterprise Value to Net Income38
Total Debt to Enterprise0.17
Debt to Equity0.57Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 7, 2026
EPS Estimate
$0.64
Average shareholder expectation
Revenue Estimate
$1.04 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 29, 2026
EPS Estimate
$0.69
Average shareholder expectation
Revenue Estimate
$1.07 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio4.2107 417.01%
Total Calls192,700 7.93%
Total Puts811,400 9445.88%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %101.40% 2.33%
Total Invested$17.73B 3.41%
Investors Holding777 9.00%

ESG Score

No data

About Fortive Corp

17,000 employees
CEO: James Lico

Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end-markets. The company holds leading positions in intelligent operating solutions, precision technologies, and advanced healt...

Relevant Senate Committees

Finance

This is a powerful committee controlling taxation and trade. Changes in corporate tax rates or international trade tariffs (especially for a manufacturing company like Fortive involved in 'Iron and Steel Forging' and global operations) would directly impact Fortive's profitability and supply chain costs. It also influences Medicare pricing, affecting their healthcare solutions.

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine specific funding for government programs (e.g., defense, veterans' healthcare, infrastructure) that could be end-markets or customers for Fortive's industrial, precision, or healthcare technologies, directly impacting their revenue streams.

Health, Education, Labor, and Pensions

Fortive provides 'advanced healthcare solutions,' making FDA and NIH oversight directly relevant to their product development and market access. Furthermore, labor laws and minimum wage regulations directly impact Fortive's manufacturing costs globally.