The company is set to report its latest quarterly earnings on Wednesday, April 29th, with a consensus estimate EPS of $0.64.
Fortive Corporation (FTV) is currently priced at $61.56, experiencing a decrease of 44.5 cents (-0.718%) from the previous close. The trading volume is $870,510, which is 23.31% higher than the average.
In the latest quarterly earnings announced on Tuesday, February 3rd, the consensus estimate EPS was $0.83. The company reported a net income of $185.7 million with an EPS of 59 cents.
Fortive Corporation's forward dividend yield stands at 0.39%. The company distributed dividends of 6 cents per share MRQ, showing a decrease of 12.5 cents YoY.
The company had a free cash flow of $335.5 million, with net cash decreasing by $55.3 million. Operating cash flow was $365.9 million, while capital expenditure stood at -$30.4 million.
Fortive Corporation reported a revenue of $1.12 billion, resulting in a gross profit of $708.9 million. The company's net income was $185.7 million, with an EPS of 59 cents.
Key ratios include a net profit margin of 16.54%, return on equity of 2.88%, and a price-to-earnings ratio of 23.52.
The total assets of Fortive Corporation amount to $11.74 billion, with total liabilities at $5.28 billion, resulting in a net debt of $2.83 billion.
This financial report provides a snapshot of Fortive Corporation's current financial status and performance metrics.
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.