Fortive Corporation (FTV)

Index:

S&P 500

$ 64.65
   
  • Change Today:
    $0.52
  • 52 Week High: $84.27
  • 52 Week Low: $61.75
  • Currency: US Dollars
  • Shares Issued: 341.20m
  • Volume: 2,876
  • Market Cap: $22,059m
  • RiskGrade: 127
  • Beta: 1.09

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 6,231.80 6,065.30 5,825.70 5,254.70 4,634.40
Operating Profit/(Loss) 1,206.60 1,133.70 987.40 812.80 539.40
Profit Before Tax 969.60 990.80 873.50 677.50 1,507.70
Profit After Tax 832.90 865.80 755.20 614.20 1,452.20
           
Earnings per Share - Basic 239.00¢ 246.00¢ 212.00¢ 166.00¢ 410.00¢
Earnings per Share - Adjusted 239.00¢ 246.00¢ 212.00¢ 166.00¢ 410.00¢
           
Dividend per Share 32.00¢ 29.00¢ 28.00¢ 28.00¢ 28.00¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 433.10 439.80 421.90 395.50 610.70
Intangible Assets 13,496.00 12,281.50 12,535.90 13,042.20 10,649.80
Other Non-Current Assets 494.70 518.90 455.80 512.90 344.10
  14,423.80 13,240.20 13,413.60 13,950.60 11,604.60
Current Assets          
Inventories 544.80 536.90 536.70 512.70 455.50
Cash at Bank & in Hand 813.30 1,888.80 709.20 819.30 1,824.80
Other Current Assets 1,234.20 1,245.90 1,231.10 1,182.90 2,166.60
  2,592.30 3,671.60 2,477.00 2,514.90 4,446.90
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 17,016.10 16,911.80 15,890.60 16,465.50 16,051.50
Current Liabilities          
Borrowings 376.20 n/a 999.70 2,151.70 1,446.80
Other Current Liabilities 1,862.20 1,791.30 1,727.40 1,563.20 1,414.00
           
Current Liabilities 2,238.40 1,791.30 2,727.10 3,714.90 2,860.80
           
Net Current Assets c353.90 c1,880.30 c(250.10) c(1,200.00) c1,586.10
           
Borrowings 3,331.10 3,646.20 2,251.60 1,807.30 2,984.60
Other Non-Current Liabilities 1,251.00 1,149.00 1,223.30 1,426.30 1,233.40
Non-Current Liabilities 4,582.10 4,795.20 3,474.90 3,233.60 4,218.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 6,820.50 6,586.50 6,202.00 6,948.50 7,078.80
           
Net Assets 10,195.60 10,325.30 9,688.60 9,517.00 8,972.70
           
Shareholders Funds 10,188.60 10,318.90 9,683.40 9,512.20 8,964.20
           
Minority Interests/Other Equity 7.00 6.40 5.20 4.80 8.50
Total Equity 10,195.60 10,325.30 9,688.60 9,517.00 8,972.70
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 1,526.80 1,353.60 1,303.20 992.90 1,436.70
Net Cash Flow from Investing Activities (1,796.00) (195.40) (102.50) (2,615.60) (148.40)
Net Cash Flow from Financing Activities (806.30) 21.40 (1,310.80) 649.00 (668.70)
Net Increase/Decrease In Cash (1,075.50) 1,179.60 (110.10) (973.70) 619.60
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 31.4 29.9 30.3 46.0 17.3
PEG - Adjusted n/a 1.9 1.1 n/a 0.2
Earnings per Share Growth - Adjusted -3% 16% 28% -60% 106%
Dividend Cover 7.47 8.48 7.57 5.93 14.64
Revenue per Share 1,826.44¢ 1,777.64¢ 1,707.41¢ 15.54¢ 1,358.27¢
Pre-Tax Profit per Share 284.17¢ 290.39¢ 256.01¢ 2.00¢ 441.88¢
Operating Margin 19.36% 18.69% 16.95% 15.47% 11.64%
Return on Capital Employed 238.29% 58.63% 216.21% 1.58% 54.74%
           
Dividend Yield 0.4% 0.4% 0.4% 0.4% 0.4%
Dividend per Share Growth 10.34% 3.57% n/a n/a n/a
Operating Cash Flow per Share 447.48¢ 396.72¢ 381.95¢ 291.00¢ 421.07¢
Cash Incr/Decr per Share (315.21¢) 345.72¢ (32.27¢) (2.88¢) 181.59¢
Net Asset Value per Share (exc. Intangibles) (967.29¢) (573.33¢) (834.50¢) (1,033.18¢) (491.53¢)
Net Gearing 28.40% 17.03% 26.25% 33.01% 29.08%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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