Fortive

Fluke is a global manufacturer of application engineered sensors. Founded in 1955, it has over 60 years of experience in designing and manufacturing of level, pressure and flow sensors for use in a wide range of fluids across industry.

Fluke

Gem Sensors & Controls is a global manufacturer of application engineered sensors. Founded in 1955, it has over 60 years of experience in designing and manufacturing of level, pressure and flow sensors for use in a wide range of fluids across industry.

Gem Sensors & Controls

Gillbarco Veeder-Root is a subsidiary of Fortive, is a supplier of fuel dispensers, point of sale systems, payment systems, forecourt merchandising and support services. The company's headquarters is in Greensboro, North Carolina, United States. The company employs approximately 4,000 people around the world, with sales, manufacturing, research, development, and service locations in North and South America, Europe, Asia, the Pacific Rim and Australia.

Gillbarco Veeder-Root

Hengstler specialized in the production of industrial counting and control components. As a subsidiary of Danaher Corporation, it is represented nationwide on the international electro mechanic market.

Hengstler

Industrial Scientific Corp is a developer, manufactures, and services fixed and portable gas detection equipment. Key markets include utilities, chemical production, oil and gas, steel and coke, paper industry, fire service, construction, military, insurance companies, food and drinks, and general industry. Industrial Scientific Corporation is active worldwide, either direct or through distributors.

Industrial Scientific Corp.

Jacobs Vehicle Systems develops and manufacturers commercial vehicle retarding and valve actuation technologies. The company produces light-duty, medium-duty, and heavy-duty engine brakes, recreational vehicle exhaust brakes, aftermarket parts and tune-up kits to heavy-duty diesel engine manufacturers in the United States, Asia and Europe. The company was incorporated in 1990 and is based in Bloomfield, Connecticut. Jacobs Vehicle Systems, Inc. operates as a subsidiary of Fortive Corporation.

Jacobs Vehicle Systems

Matco Tools is an American professional tool distributor for the automotive and other industries and is based in Stow, Ohio, United States. This includes over 13,000 different tools such as wrenches, screw drivers, gauges, and specialty tools. Former corporate owner Danaher spun off several subsidiaries, including Matco, in 2016 to create Fortive.

Matco Tools

Qualitrol is a condition monitoring technology company headquartered in Fairport, New York. Qualitrol manufacturers and distributes partial discharge monitoring, asset protection equipment and information products for the electrical generation, transmission and distribution industries.

Qualitrol

Setra Systems  is a manufacturer of electronic instruments that measure pressure, acceleration, and weight. The products designed and developed by Setra Systems, Inc. are used chiefly in manufacturing industry. Setra Systems Inc. was a fully owned subsidiary of Danaher Corporation.Tektronix, historically widely known as "Tek", is an American company best known for manufacturing test and measurement devices such as oscilloscopes, logic analyzers, and video and mobile test protocol equipment. Originally an independent company, it is now a subsidiary of Fortive, a spinoff from Danaher Corporation.

Setra Systems

Teletrac is a software as a service company headquartered in Southern California with offices in the United Kingdom. It provides cloud-based GPS fleet tracking software and is a subsidiary of Fortive Corporation. Its software has been used to track more than 250,000 vehicles in more than 87 countries.

Teletrac

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.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Fortive reports stellar Q4 results, eyes growth amidst challenges

Fortive's Q4 2022 performance exceeded expectations, showcasing robust revenue and earnings growth across all segments.
While facing challenges in China elective procedures and inflationary pressures, the company remains focused on driving growth and margin expansion in 2023.
Opportunities lie in leveraging cross-selling initiatives, productivity enhancements, and strategic M&A to sustain growth and profitability.
Overall, Fortive's strong financial position and strategic initiatives position it well for continued success and value creation for shareholders.

Fortive surpasses Q1 expectations, eyes sustained growth and margin expansion

Fortive's Q1 performance exceeded expectations, driven by strong core growth and record margins. Despite challenges in AHS, the company is focused on sustaining momentum through strategic initiatives and portfolio expansion. Opportunities for growth and margin improvement are highlighted through new product launches and regional performance expectations.

Fortive reports strong Q2 earnings, raises guidance for 2023

Fortive's Q2 2023 earnings call highlighted robust performance, margin expansion, and strategic focus on growth and sustainability. Despite challenges in Fluke's industrial segment, the company remains optimistic about future growth and profitability.

Fortive reports solid Q3 performance, eyes sustained growth in 2024

Fortive's Q3 earnings call highlighted strong financial performance, strategic acquisitions, and a focus on innovation and profitable growth. Despite challenges in certain markets and operational areas, the company remains optimistic about sustained growth, margin expansion, and free cash flow growth in the coming year. Leveraging acquisitions and strategic alignment are key focus areas for long-term success.

Fortive reports robust Q4 results, eyes growth through strategic acquisitions

Fortive's strong Q4 performance, focus on strategic acquisitions, and confidence in its portfolio setup for 2024 position the company for continued growth. Challenges in China and the sensing business are being addressed, while opportunities in software and margin improvement drive future prospects.

Fortive surpasses Q1 expectations with strong earnings and growth

Fortive had a strong Q1 performance exceeding expectations with record margins and adjusted earnings up 11% year-over-year.
While facing challenges like delayed investments and revenue impacts, the company remains confident in double-digit growth and margin expansion.
Opportunities lie in high-growth markets, AI investments, and disciplined M&A activities to drive future growth.
Overall, Fortive's performance, strengths, and strategic focus position it well for continued success in the year ahead.

Fortive reports resilient Q2 results, eyes sustained growth in 2024

Fortive Corporation demonstrated resilience in Q2 with strong financial performance, operational efficiency, and a strategic focus on recurring revenue growth.
While facing challenges in certain segments due to external factors, the company's commitment to innovation and disciplined capital deployment enhances its competitive position.
Confidence in the updated outlook for 2024, along with positive Q3 projections, underlines Fortive's potential for continued growth and value creation for shareholders.

Fortive reports strong Q3 results, eyes sustained growth opportunities

Fortive's Q3 performance reflects solid execution and growth across key segments, positioning the company for future success.
Strategic focus on innovation, productivity, and shareholder value underscores a commitment to long-term sustainability and profitability.
While facing challenges in core decline and market uncertainties, Fortive remains optimistic about opportunities for growth and margin expansion.
Continued momentum in recurring revenue businesses and strong performance in key segments highlight Fortive's resilience and potential for value creation.

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Fortive Corp (FTV) CEO James Lico on Q1 2019 Results - Earnings Call Transcript

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