Fortive Corp (FTV)

Fortive Corp. engages in the design, development, manufacturing, and marketing of professional and engineered products, software, and services for a variety of end markets. It operates through the following segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides solutions to accelerate industrial and facility reliability and performance, as well as compliance and safety across a range of vertical end markets, including manufacturing, process industries, healthcare, utilities and power, communications, and electronics. The Precision Technologies segment supplies technologies such as electrical test and measurement instruments and services, energetic material devices, and a broad portfolio of sensor and control system solutions. The Advanced Healthcare Solutions segment serves healthcare customers with products and services for critical activities, including instrument and device reprocessing, instrument tracking, cell therapy equipment design and manufacturing, biomedical test tools, radiation safety monitoring, and asset management. The company was founded by James A. Lico and Stacey A. Walker on November 10, 2015 and is headquartered in Everett, WA.

Address

6920 SEAWAY BLVD.
EVERETT, WA 98203

Founded

2015

Number of Employees

18,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- - - - - $2,437 $2,571 $2,474 $443,523 $272,808 $152,860 $146,112
Average Price - - - - - $80.62 $75.07 $68.09 $63.23 $68.20 $76.43 $66.85
# Shares Purchased - - - - - 30,227 34,242 36,335 7,014,033 4,000,000 2,000,000 2,185,806
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - -9.4% -2.8% 7.2% 15.4% 7.0% -4.5% 9.2%
S&P 500 Return to Date - - - - - 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 45.9%
Excess Total Return - - - - - -102.6% -77.6% -24.4% -21.8% -24.3% -11.9% -36.7%
Quartile Rank
Percentile Rank - - - - - 30% 27% 52% 60% 46% 32% 48%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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