Fortive Corp financial data

Symbol
FTV on NYSE
Industry
Industrial Instruments For Measurement, Display, and Control
Location
6920 Seaway Blvd., Everett, Washington
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - Apr 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 132 % +41.4%
Quick Ratio 26.1 % +24.6%
Operating Margin 19.5 % +13.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 352M shares -0.43%
Common Stock, Shares, Outstanding 352M shares -0.42%
Entity Public Float 26.3B USD +34.9%
Common Stock, Value, Issued 3.7M USD +2.78%
Weighted Average Number of Shares Outstanding, Basic 352M shares -0.54%
Weighted Average Number of Shares Outstanding, Diluted 356M shares -0.14%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.13B USD +3.71%
Research and Development Expense 402M USD -0.17%
Operating Income (Loss) 1.2B USD +17.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.02B USD +14.7%
Income Tax Expense (Benefit) 119M USD -4.33%
Net Income (Loss) Attributable to Parent 207M USD +19.5%
Earnings Per Share, Basic 2.56 USD/shares +19.1%
Earnings Per Share, Diluted 2.52 USD/shares +17.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 705M USD +4.73%
Accounts Receivable, after Allowance for Credit Loss, Current 963M USD +2.33%
Inventory, Net 581M USD +1.86%
Assets, Current 2.61B USD +6.46%
Property, Plant and Equipment, Net 423M USD -0.68%
Operating Lease, Right-of-Use Asset 170M USD +9.68%
Intangible Assets, Net (Excluding Goodwill) 3.71B USD +9.3%
Goodwill 10.2B USD +13%
Other Assets, Noncurrent 536M USD +14.1%
Assets 17.5B USD +10.9%
Accrued Liabilities, Current 1.07B USD +3.3%
Contract with Customer, Liability, Current 540M USD +8.63%
Liabilities, Current 1.74B USD -33.9%
Contract with Customer, Liability, Noncurrent 45.4M USD +16.7%
Accrued Income Taxes, Noncurrent 809M USD -9.46%
Operating Lease, Liability, Noncurrent 126M USD -3.59%
Other Liabilities, Noncurrent 1.36B USD +12.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -403M USD -28.9%
Retained Earnings (Accumulated Deficit) 7.69B USD +11.5%
Stockholders' Equity Attributable to Parent 10.5B USD +6.15%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 10.5B USD +6.15%
Liabilities and Equity 17.5B USD +10.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 257M USD +47.2%
Net Cash Provided by (Used in) Financing Activities 307M USD
Net Cash Provided by (Used in) Investing Activities -1.74B USD -6906%
Common Stock, Shares Authorized 2B shares 0%
Common Stock, Shares, Issued 365M shares +0.86%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.18B USD -3153%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 705M USD +4.73%
Deferred Tax Assets, Valuation Allowance 282M USD +279%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 177M USD +9.26%
Depreciation 23.1M USD +13.2%
Payments to Acquire Property, Plant, and Equipment 26.4M USD +6.45%
Lessee, Operating Lease, Liability, to be Paid 184M USD -1.87%
Property, Plant and Equipment, Gross 1.25B USD +6.15%
Operating Lease, Liability, Current 37.6M USD -2.08%
Lessee, Operating Lease, Liability, to be Paid, Year Two 35.9M USD +3.76%
Lessee, Operating Lease, Liability, to be Paid, Year One 42.2M USD +16.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +33.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 19.8M USD +11.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 28.9M USD +9.47%
Deferred Tax Assets, Operating Loss Carryforwards 179M USD +23.4%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -72M USD -120%
Preferred Stock, Shares Authorized 15M shares 0%
Unrecognized Tax Benefits 176M USD -1.18%
Lessee, Operating Lease, Liability, to be Paid, Year Four 22.1M USD +1.84%
Operating Lease, Payments 12M USD 0%
Additional Paid in Capital 3.91B USD +4.71%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 23M USD +16.8%
Current Federal Tax Expense (Benefit) 109M USD +44.3%
Amortization of Intangible Assets 370M USD -3.14%
Depreciation, Depletion and Amortization 457M USD -1.89%
Deferred Tax Assets, Net of Valuation Allowance 525M USD +21.4%
Share-based Payment Arrangement, Expense 116M USD +14.8%
Deferred State and Local Income Tax Expense (Benefit) -8.8M USD +76.8%
Interest Expense 135M USD +21.3%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%