Fortive Corporation Statistics
Share Statistics
Fortive Corporation has 346.95M shares outstanding. The number of shares has increased by -0.31% in one year.
| Shares Outstanding | 346.95M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.48% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 345.63M |
| Failed to Deliver (FTD) Shares | 594 |
| FTD / Avg. Volume | 0.02% |
Short Selling Information
The latest short interest is 3.03M, so 0.87% of the outstanding shares have been sold short.
| Short Interest | 3.03M |
| Short % of Shares Out | 0.87% |
| Short % of Float | 0.88% |
| Short Ratio (days to cover) | 1.38 |
Valuation Ratios
The PE ratio is 29.98 and the forward PE ratio is 18. Fortive Corporation's PEG ratio is 1.04.
| PE Ratio | 29.98 |
| Forward PE | 18 |
| PS Ratio | 4.28 |
| Forward PS | 4 |
| PB Ratio | 2.52 |
| P/FCF Ratio | 20.83 |
| PEG Ratio | 1.04 |
Enterprise Valuation
Fortive Corporation has an Enterprise Value (EV) of 27.88B.
| EV / Earnings | 32.2 |
| EV / Sales | 4.6 |
| EV / EBITDA | 17.74 |
| EV / EBIT | 24.59 |
| EV / FCF | 22.38 |
Financial Position
The company has a current ratio of 2.05, with a Debt / Equity ratio of 0.35.
| Current Ratio | 2.05 |
| Quick Ratio | 1.75 |
| Debt / Equity | 0.35 |
| Total Debt / Capitalization | 26.11 |
| Cash Flow / Debt | 0.37 |
| Interest Coverage | 9.18 |
Financial Efficiency
Return on equity (ROE) is 0.08% and return on capital (ROIC) is 7.01%.
| Return on Equity (ROE) | 0.08% |
| Return on Assets (ROA) | 0.05% |
| Return on Capital (ROIC) | 7.01% |
| Revenue Per Employee | 336.96K |
| Profits Per Employee | 48.10K |
| Employee Count | 18.00K |
| Asset Turnover | 0.36 |
| Inventory Turnover | 4.6 |
Taxes
| Income Tax | 125.00M |
| Effective Tax Rate | 0.13 |
Stock Price Statistics
The stock price has increased by 6.66% in the last 52 weeks. The beta is 1.17, so Fortive Corporation's price volatility has been higher than the market average.
| Beta | 1.17 |
| 52-Week Price Change | 6.66% |
| 50-Day Moving Average | 76.34 |
| 200-Day Moving Average | 76.45 |
| Relative Strength Index (RSI) | 46.85 |
| Average Volume (20 Days) | 2.43M |
Income Statement
In the last 12 months, Fortive Corporation had revenue of $6.07B and earned $865.80M in profits. Earnings per share was $2.46.
| Revenue | 6.07B |
| Gross Profit | 3.59B |
| Operating Income | 1.13B |
| Net Income | 865.80M |
| EBITDA | 1.57B |
| EBIT | 1.13B |
| Earnings Per Share (EPS) | 2.46 |
Balance Sheet
The company has $1.89B in cash and $3.81B in debt, giving a net cash position of -$1.92B.
| Cash & Cash Equivalents | 1.89B |
| Total Debt | 3.81B |
| Net Cash | -1.92B |
| Retained Earnings | 7.51B |
| Total Assets | 17.45B |
| Working Capital | 534.40M |
Cash Flow
In the last 12 months, operating cash flow was $1.35B and capital expenditures -$107.80M, giving a free cash flow of $1.25B.
| Operating Cash Flow | 1.35B |
| Capital Expenditures | -107.80M |
| Free Cash Flow | 1.25B |
| FCF Per Share | 3.53 |
Margins
Gross margin is 59.26%, with operating and profit margins of 18.69% and 14.27%.
| Gross Margin | 59.26% |
| Operating Margin | 18.69% |
| Pretax Margin | 16.34% |
| Profit Margin | 14.27% |
| EBITDA Margin | 25.9% |
| EBIT Margin | 18.69% |
| FCF Margin | 20.54% |
Dividends & Yields
FTV pays an annual dividend of $0.32, which amounts to a dividend yield of 0.42%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 0.42% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 12.8% |
| Earnings Yield | 3.2% |
| FCF Yield | 4.67% |
Analyst Forecast
The average price target for FTV is $89, which is 15.8% higher than the current price. The consensus rating is "Hold".
| Price Target | $89 |
| Price Target Difference | 15.8% |
| Analyst Consensus | Hold |
| Analyst Count | 14 |
Stock Splits
The last stock split was on Oct 9, 2020. It was a forward split with a ratio of 239:200.
| Last Split Date | Oct 9, 2020 |
| Split Type | forward |
| Split Ratio | 239:200 |
Scores
| Altman Z-Score | 3.58 |
| Piotroski F-Score | 7 |