Fortive Corporation

Fortive Corporation

FTVยทNYSE

$60.60

+0.73%
IndustrialsIndustrial - Machinery

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others. It markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The company's Precision Technologies segment provides electrical test and measurement instruments and services; energetic material devices; and sensor and control system solutions for power and energy, medical equipment, food and beverage, aerospace and defense, off-highway vehicles, electronics, semiconductors, and other general industrial markets. This segment markets its products under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brands. Its Advanced Healthcare Solutions segment offers hardware and software products and services, including instrument and device reprocessing, instrument tracking, biomedical test tools, radiation safety monitoring, and asset management services; subscription-based surgical inventory management systems to facilitate inventory management and regulatory compliance, as well as technical, analytical, and compliance services to determine radiation exposure services under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.

At a Glance

Live Snapshot
Market Cap$18.47B
EPS1.7500
P/E Ratio34.63
Earnings Date07/29/2026
3Y-17.0%
5Y-25.0%
10Y-5.0%
3Y+32.0%
5Y-9.0%
10Y-56.0%
3Y+9.0%
5Y+99.0%
10Y-36589.0%
FTV

Fortive Corporation Cash Conversion Engine

FTV ยท NYSE
Net Income579.20M
Depreciation & Amortization437.60M
Stock-Based Compensation116.80M
Change in Working Capital-399.90M
Others399.40M
Capital Expenditures-105.10M
Free Cash Flow978.10M

Cash Flow Quality Analysis

FCF Conversion Rate

168.9%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

9.7%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-30.5%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$399.90M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Fortive Corporation Cash Flow Statement

FTV โ€ข NYSE

Fortive Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
OPERATING ACTIVITIES
579.2M
832.9M
865.8M
755.2M
614.2M
1.5B
725.4M
918.3M
1B
872.3M
863.8M
883.4M
830.9M
763.7M
437.6M
543.9M
456.8M
465.6M
395.5M
384M
426.2M
260.8M
174.1M
176.4M
176.9M
178M
159.7M
145M
-49.9M
-65M
-104.1M
-62.1M
15.4M
-97.6M
-13.5M
7.7M
-78.2M
-10M
0.0
0.0
0.0
0.0
116.8M
109.2M
113.3M
93.8M
77.4M
62.6M
61.4M
50.8M
48.6M
45.3M
35.2M
30.8M
28.8M
28.6M
399.4M
1.9M
0.0
71.3M
-29.9M
-567.9M
-40.8M
136.5M
57.2M
14.8M
12M
-33.9M
0.0
0.0
-399.9M
103.9M
21.8M
-20.6M
-111.5M
203.4M
112.7M
-29.7M
-69.8M
38.1M
-78.9M
-111.6M
10.8M
6.7M
1.1B
1.5B
1.4B
1.3B
961.1M
1.4B
1.3B
1.3B
1.2B
1.1B
1B
946.7M
1B
944M
INVESTING ACTIVITIES
-105.1M
-120.4M
-107.8M
-95.8M
-50M
-75.7M
-112.5M
-112.3M
-136.1M
-129.6M
-120.1M
-102.6M
-81.1M
-69.6M
-25.7M
-1.7B
-95.8M
-3.2M
-2.6B
-40.4M
-3.9B
-2.8B
-1.6B
-190.1M
-37.1M
-202.3M
-433.8M
-286.6M
-4.6M
46.2M
8.2M
-3.5M
4.5M
-32.3M
1.8M
960.8M
23M
8.9M
-16.9M
13.8M
3.5M
7.8M
-135.4M
-1.8B
-195.4M
-102.5M
-2.6B
-148.4M
-4.1B
-2B
-1.7B
-310.8M
-174.1M
-291.1M
-511.4M
-348.4M
FINANCING ACTIVITIES
-1.6B
-889.6M
-272.9M
-442.9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-714.8M
137M
389.2M
-723.9M
753.6M
-2.1B
3B
-108.7M
682.1M
3.4B
0.0
0.0
0.0
0.0
-92.2M
-111.2M
-102M
-99.5M
-132.2M
-163.4M
-162.8M
-131.5M
-97.2M
-3B
(0.0)
(0.0)
(0.0)
(0.0)
-1.6B
-889.6M
-272.9M
-442.9M
(0.0)
(0.0)
(0.0)
(1.5B)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
1B
71.1M
18M
-6.7M
30.6M
1.6B
13M
1.1B
14.8M
-299.7M
-834.9M
-655.6M
-518.8M
-595.6M
-1.4B
-792.7M
32.3M
-1.3B
652M
-696.1M
2.8B
879.1M
599.7M
3.8M
-834.9M
-655.6M
-518.8M
-595.6M
CASH FLOW SUMMARY
1M
-13.6M
-10.9M
-37.8M
-3M
27.4M
7.1M
-40.6M
52.5M
-26.7M
0.0
0.0
0.0
0.0
-437.8M
-1.1B
1.2B
-110.1M
-1B
619.6M
26.8M
216.3M
158.9M
803.2M
0.0
0.0
0.0
0.0
813.3M
1.9B
709.2M
819.3M
1.8B
1.2B
1.2B
962.1M
803.2M
0.0
0.0
0.0
0.0
0.0
375.5M
813.3M
1.9B
709.2M
819.3M
1.8B
1.2B
1.2B
962.1M
803.2M
0.0
0.0
0.0
0.0
978.1M
1.4B
1.2B
1.2B
911.1M
1.4B
1.2B
1.2B
1B
1B
888.9M
844.1M
949.1M
874.4M

SEC Filings

FTV - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 14, 2026
May 12, 2026
2026
10-Q

10-Q 2026 Q2

Q2

April 30, 2026
April 03, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 30, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 29, 2026
April 27, 2026
2026
8-K

8-K 2026

N/A

March 20, 2026
March 17, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 04, 2026
February 04, 2026
2026
8-K

8-K 2025

N/A

October 29, 2025
October 29, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 29, 2025
September 26, 2025
2025
8-K

8-K 2025

N/A

October 16, 2025
October 13, 2025
2025
Showing 1 to 10 of 167 filings