Fortive

Provides essential technology for the people who create, implement and accelerate progress.

Launch date

2016

Employees

Market cap

Enterprise valuation

AUD44.7b (Public information from Sep 2024)

Washington District of Columbia (HQ)

http://www.fortive.com/

https://twitter.com/fortivecorp https://www.facebook.com/fortivecorp https://www.linkedin.com/company/fortive https://apps.apple.com/app/id1322018269

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Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	4.6b	5.3b	5.8b	6.1b	6.3b	6.6b	7.2b
% growth	(37 %)	13 %	11 %	4 %	4 %	6 %	8 %
EBITDA	921m	1.2b	1.5b	1.6b	1.8b	1.9b	2.1b
% EBITDA margin	20 %	23 %	25 %	26 %	29 %	29 %	29 %
Profit	1.6b	608m	755m	866m	937m	1.1b	1.3b
% profit margin	35 %	12 %	13 %	14 %	15 %	16 %	18 %
EV / revenue	5.7x	5.8x	4.3x	4.6x	4.6x	4.1x	3.3x
EV / EBITDA	28.5x	24.9x	17.4x	17.6x	15.9x	14.0x	11.1x
R&D budget	321m	355m	402m	398m	-	-	-
R&D % of revenue	7 %	7 %	7 %	7 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
Jul 2016	N/A	N/A	IPO
Mar 2020	N/A	$3.0m	Post IPO Equity
Nov 2023*	Manulife Financial	N/A	Post IPO Equity
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 11 United Kingdom 1 Germany 1

By Industry

Enterprise Software 5 Health 3 Transportation 2 Education 1 Telecom 1 Real Estate 1 Marketing 1 Event Tech 1 Fintech 1 Energy 1

By Round

ACQUISITION 9 SEED 1 SERIES B 1 SERIES A 1 CORPORATE SPINOUT 1

ACQUISITION by IFS Aug 2023

ACQUISITION by Hitachi Mar 2021

Censis Technologies

ACQUISITION by Fortive Nov 2019

ACQUISITION by Fortive Sep 2017

ACQUISITION by Fortive Jul 2018

ACQUISITION by Fortive Jul 2021

ACQUISITION by Fortive Jun 2018

ACQUISITION by Fortive Dec 2021

Advanced Sterilization Products (ASP)

ACQUISITION by Fortive Jun 2018