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Overview
Fortive is a global industrial technology company that provides essential tools and systems in key safety and productivity sectors, including healthcare sterilization, industrial safety, predictive maintenance, and building environments. Its products combine hardware, software, and services to help customers improve safety, efficiency, and patient care. The company operates with a startup spirit at scale, guided by the Fortive Business System (FBS) to accelerate continuous improvement and positive impact. Fortive differentiates itself through its emphasis on mission-critical, field-ready solutions and a culture of collaboration, learning, and growth across about 10,000 employees worldwide. Its goal is to solve large-scale problems for customers and partners around the world, making workplaces safer, facilities more reliable, and healthcare providers more focused on patient care.
About Fortive
Industries
Industrial & Manufacturing
Healthcare
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Washington DC, District of Columbia
Founded
2016
Simplify's Take
What believers are saying
- Q1 2026 core revenue grew over 5%, while adjusted EBITDA rose about 13%.
- Fortive repurchased roughly $500 million of stock in Q1 2026, shrinking shares over 10%.
- Data-center and gas-detection demand support growth while tariffs ease by third quarter.
What critics are saying
- New notes raise interest expense after refinancing 3.150% debt with 4.750% and 5.250% coupons.
- Tariffs cut Q1 adjusted gross margin by 100-150 basis points across hardware businesses.
- Fortive missed revenue estimates multiple times over two years, undermining execution credibility.
What makes Fortive unique
- Fortive combines industrial measurement hardware with software-enabled workflows and recurring revenue.
- Fluke's SmartTrace 2082 integrates with ProStar's PointMan for underground asset mapping.
- Management is refinancing June 2026 maturities, extending debt through 2031 and 2036.
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Funding
Total Funding
$1.1B
Above
Industry Average
Funded Over
2 Rounds
Benefits
Remote Work Options
Professional Development Budget
Stock Price
Growth & Insights and Company News
6 month growth
↑ 8%1 year growth
↑ 8%2 year growth
↑ 8%Fortive subsidiary Fluke Corporation has launched the SmartTrace 2082 Series Underground Locators, which integrates with ProStar's PointMan platform for real-time digital documentation of underground utilities and assets. The product aims to improve field accuracy, safety and infrastructure protection. The launch reinforces Fortive's strategy towards higher recurring revenue and software-enhanced tools following its Precision Technologies spin-off. SmartTrace's connected infrastructure mapping aligns with the company's focus on digital workflows and recurring software services, which analysts view as central to improving revenue visibility and margins. However, the product does not materially change near-term catalysts or key risks, including public-sector spending softness, tariff exposure and M&A execution challenges. Fortive's narrative projects $4.5 billion revenue and $741.9 million earnings by 2028.
Fortive Corporation, a global industrial technology company specialising in automation and measurement tools, has underperformed compared to broader infrastructure stocks. With a market capitalisation of $17.34 billion, Fortive's shares have declined 25.7% over the past 52 weeks, whilst the Global X US Infrastructure Development ETF has gained 33.1% over the same period. The stock is currently trading near its 200-day moving average after falling below its 50-day moving average in mid-March. However, shares rose 10.6% intraday on 4th February following better-than-expected Q4 results, with revenue increasing 4.6% year-over-year to $1.12 billion and adjusted EPS rising 12.5% to $0.90. Analysts project fiscal 2026 EPS to grow 8.9% annually to $2.95. The company remains focused on its "Accelerated" strategy targeting profitable organic growth.
Fortive shares surged 9.6% after the industrial technology company reported fourth-quarter earnings and revenue that exceeded analyst expectations and provided optimistic guidance for 2026. The company posted adjusted earnings of $0.90 per share, beating the anticipated $0.84, whilst revenue reached $1.12 billion, up 4.6% year-over-year. Fortive forecast full-year 2026 adjusted earnings between $2.90 and $3.00 per share, notably above the analyst consensus of $2.84. The projection signals management confidence in future performance. Despite the recent gain, Fortive shares remain 28.4% below their 52-week high of $82.98 from February 2025, though they are up 7.3% year-to-date. The stock has shown relatively low volatility, with only five moves greater than 5% over the past year.
Fortive has forecast annual profit above Wall Street estimates, driven by resilient demand in its industrial automation business. The Everett, Washington-based company expects adjusted earnings of $2.90 to $3 per share for fiscal 2026, surpassing analysts' average estimate of $2.84 per share. The industrial products maker's shares rose 3% in premarket trading. Revenue at its intelligent operating solutions segment, which produces industrial measurement equipment and software-enabled automation, grew 5.3% in the fourth quarter year-on-year. For the quarter ended 31 December, Fortive reported adjusted profit of 90 cents per share, beating expectations of 84 cents. Quarterly sales increased 4.6% to $1.12 billion. The company has benefited from businesses investing heavily in optimising industrial operations.
Fortive has reported fourth quarter 2025 results with revenue of $1.12 billion, up 4.6% year-over-year, and 3.3% core revenue growth. Adjusted EBITDA rose 7.8% to $358 million, whilst adjusted diluted earnings per share increased 12.5% to $0.90, exceeding full-year guidance. For the full year 2025, Fortive posted revenue of $4.16 billion, up 1.9%, with adjusted EBITDA of $1.23 billion. The company deployed $1.6 billion towards share repurchases during the year, including $265 million in the fourth quarter alone. CEO Olumide Soroye said the results demonstrate solid execution of the company's Fortive Accelerated strategy. The company has initiated 2026 guidance of $2.90 to $3.00 adjusted earnings per share. Fortive completed separation of its Precision Technologies segment in June 2025.
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About Fortive
Industries
Industrial & Manufacturing
Healthcare
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Washington DC, District of Columbia
Founded
2016
Fortive is Hiring for 264 Jobs on Simplify!
Find jobs on Simplify and start your career today