Fortive Corp
NYSE:FTV

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Fortive Corp
NYSE:FTV
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Price: 76.54 USD 0.59%
Market Cap: 26.6B USD

Fortive Corp
Investor Relations

Fortive Corp. emerged in 2016 as a spin-off from the industrial giant Danaher Corporation, carving out its own niche in the realm of industrial technology. Founded with an ethos that is steeped in innovation and continuous improvement, Fortive has established itself as an essential player across various sectors, including healthcare, transportation, and manufacturing. The company operates through three primary segments: Professional Instrumentation, Industrial Technologies, and Advanced Healthcare Solutions. Each segment is finely tuned to address specific industry challenges, deploying a mixture of high-precision tools, advanced software, and analytical solutions to optimize operations and enhance productivity.

Fortive’s business model revolves around a savvy combination of organic and inorganic growth. By integrating a plethora of specialized companies under its umbrella, Fortive enhances its existing portfolios while continually expanding into adjacent markets. Through a strategic emphasis on recurring revenue models and software-driven offerings, the corporation ensures a steady stream of income. The company's DevOps and SaaS platforms underpin its commitment to providing customers with efficient, cutting-edge solutions that drive performance improvements and cost efficiencies. As a result, Fortive not only serves an array of industries but also adeptly adjusts to the evolving technological landscape, consolidating its position as a leader in industrial innovation.

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Earnings Calls

2024 Q3
Oct 30, 2024
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Fortive Corporation reports robust growth and strategic outlook for 2025.
2024 Q3
Oct 30, 2024

In Q3 2024, Fortive Corporation achieved 3% revenue growth, with adjusted EPS rising 14% and free cash flow up 12%. Key segments like Advanced Healthcare Solutions and Intelligent Operating Solutions contributed positively, while Precision Technologies showed double-digit order growth. For Q4, the company anticipates the same 3% revenue growth, with adjusted EPS expected between $1.11 and $1.14. Looking ahead to 2025, Fortive forecasts organic growth across all segments, driven by recurring revenue and innovation. The spin-off of Precision Technologies is on track, with share repurchases boosting shareholder value.

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Management

Mr. James A. Lico
President, CEO & Director
No Bio Available
Mr. Charles E. McLaughlin
Senior VP & CFO
No Bio Available
Ms. Stacey A. Walker
Senior Vice President of Human Resources
No Bio Available
Ms. Tamara S. Newcombe
President and CEO of Precision Technologies & Advanced Healthcare Solutions
No Bio Available
Mr. Olumide Soroye J.D.
President & CEO of Intelligent Operating Solutions
No Bio Available
Mr. Christopher M. Mulhall
VP & Chief Accounting Officer
No Bio Available
Mr. Victor P. Fetter III
Senior VP & Chief Information Officer
No Bio Available
Ms. Elena Doom Rosman
Vice President of Investor Relations
No Bio Available
Mr. Peter C. Underwood J.D.
Senior VP & General Counsel
No Bio Available
Mr. Jonathan L. Schwarz
Senior Vice President of Corporate Development
No Bio Available

Contacts

Address
WASHINGTON
Everett
6920 Seaway Blvd
Contacts
+14254465000.0
www.fortive.com