Fortive Corp - Company Profile
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Fortive Corp (Fortive) is a provider of essential technologies for connected workflow solutions across various end-markets. The company engages in designing, developing, manufacturing, and servicing professional and engineered products, software, and services. It offers electrical test and measurement, facility and asset lifecycle software applications, connected worker safety and compliance solutions, sensing and material technologies, instrument sterilization solutions, instrument tracking, cell therapy equipment design and manufacturing, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions. The company operates through a network of subsidiaries, representatives, and distributors to reach its global customer base. The company has a presence in more than 50 countries, targeting markets worldwide, particularly in Europe and Asia. Fortive is headquartered in Everett, Washington, the US.
Headquarters
United States of America
Address
6920 Seaway Boulevard, Everett, Washington, 98203
Website
www.fortive.com
Telephone
1 425 4465000
No of Employees
10,000
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
FTV (NYSE)
Revenue (2024)
$4.2B
1.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-30.5%
(2024 vs 2023)
Market Cap*
$18.6B
Net Profit Margin (2024)
XYZ
-31.8%
(2024 vs 2023)
* As of and is in US$
Fortive Corp premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Intelligent Operating Solutions: | ASP |
| Electrical Test and Measurement | Censis |
| Asset Lifecycle Software Applications | Censitrac |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In August, the company introduced biotrace instant read steam system. |
| 2024 | New Products/Services | In March, Fluke Corp introduced the PVA-1500 Series I-V curve tracer. |
| 2024 | Contracts/Agreements | In January, the company and Accruent acquired RedEye, an engineering document management company. |
Competitor Comparison
| Key Parameters | Fortive Corp | Honeywell International Inc | 3M Co | Danaher Corp | Illinois Tool Works Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Everett | Charlotte | Saint Paul | Washington | Glenview |
| State/Province | Washington | North Carolina | Minnesota | WashingtonD.C. | Illinois |
| No. of Employees | 10,000 | 101,000 | 60,500 | 58,000 | 43,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sharmistha Dubey | Chairman | Executive Board | 2025 | - |
| Olumide Soroye | President; Director; Chief Executive Officer | Executive Board | 2025 | 53 |
| Mark Okerstrom | Chief Financial Officer; Senior Vice President | Senior Management | 2015 | - |
| Christopher M. Mulhall | Chief Accounting Officer | Senior Management | 2019 | - |
| Victor Fetter | Senior Vice President; Business System Officer; Chief Technology Officer | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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