Fortive Corp
NYSE:FTV
Fortive Corp
Fortive Corp. emerged in 2016 as a spin-off from the industrial giant Danaher Corporation, carving out its own niche in the realm of industrial technology. Founded with an ethos that is steeped in innovation and continuous improvement, Fortive has established itself as an essential player across various sectors, including healthcare, transportation, and manufacturing. The company operates through three primary segments: Professional Instrumentation, Industrial Technologies, and Advanced Healthcare Solutions. Each segment is finely tuned to address specific industry challenges, deploying a mixture of high-precision tools, advanced software, and analytical solutions to optimize operations and enhance productivity.
Fortive’s business model revolves around a savvy combination of organic and inorganic growth. By integrating a plethora of specialized companies under its umbrella, Fortive enhances its existing portfolios while continually expanding into adjacent markets. Through a strategic emphasis on recurring revenue models and software-driven offerings, the corporation ensures a steady stream of income. The company's DevOps and SaaS platforms underpin its commitment to providing customers with efficient, cutting-edge solutions that drive performance improvements and cost efficiencies. As a result, Fortive not only serves an array of industries but also adeptly adjusts to the evolving technological landscape, consolidating its position as a leader in industrial innovation.
Fortive Corp. emerged in 2016 as a spin-off from the industrial giant Danaher Corporation, carving out its own niche in the realm of industrial technology. Founded with an ethos that is steeped in innovation and continuous improvement, Fortive has established itself as an essential player across various sectors, including healthcare, transportation, and manufacturing. The company operates through three primary segments: Professional Instrumentation, Industrial Technologies, and Advanced Healthcare Solutions. Each segment is finely tuned to address specific industry challenges, deploying a mixture of high-precision tools, advanced software, and analytical solutions to optimize operations and enhance productivity.
Fortive’s business model revolves around a savvy combination of organic and inorganic growth. By integrating a plethora of specialized companies under its umbrella, Fortive enhances its existing portfolios while continually expanding into adjacent markets. Through a strategic emphasis on recurring revenue models and software-driven offerings, the corporation ensures a steady stream of income. The company's DevOps and SaaS platforms underpin its commitment to providing customers with efficient, cutting-edge solutions that drive performance improvements and cost efficiencies. As a result, Fortive not only serves an array of industries but also adeptly adjusts to the evolving technological landscape, consolidating its position as a leader in industrial innovation.
Earnings Beat: Q4 results were solid, with adjusted EPS of $0.90, up 13% YoY, and full year adjusted EPS of $2.71, exceeding the high end of the guidance range.
Revenue Growth: Total Q4 revenue was $1.1 billion, up just over 4.5% YoY reported and 3% core, with broad-based growth across regions and segments.
Margin Expansion: Adjusted EBITDA margin in Q4 expanded 100 bps YoY to nearly 32%, reflecting operating leverage and cost discipline.
Share Repurchases: $265 million in Q4 share buybacks, totaling $1.3 billion repurchased in the second half of 2025 (about 8% of shares outstanding).
2026 Guidance: Initiated full year adjusted EPS guidance of $2.90 to $3, implying about 9% YoY growth at the midpoint.
Outlook: Management remains optimistic for 2026, emphasizing strong execution, disciplined capital allocation, and ongoing innovation.
