Fortive(NYSE) FTV

Fortive makes technology that helps factories and hospitals run smoothly. Its tools and software keep workplaces safe and monitor critical equipment. The company serves professionals like electricians and doctors who need precise measurements to do their jobs.

What Fortive Makes

• Intelligent Operating Solutions: Professional instruments and software used for facility maintenance, electrical measurement, and worker safety; marketed under brands like Fluke and Industrial Scientific.
• Advanced Healthcare Solutions: Critical workflow tools for hospitals including medical device sterilization, radiation safety monitoring, and clinical productivity software.

Evolution and Strategic Moves

• Spin-off of the Precision Technologies segment into an independent company named Ralliant Corporation on June 28, 2025.
• Completion of the separation from Danaher Corporation in 2016 to become a standalone public entity.
• Implementation of the Fortive Business System to drive continuous improvement and efficiency across all acquired businesses.

What Makes Fortive Different

The company relies on its proprietary Fortive Business System to improve operations and speed up innovation. A global workforce of 10,000 professionals operates in roughly 50 countries to support mission-critical workflows.

The Scorecard

• Revenue was $1.1 billion in Q4 2025, down 30.7% from the previous year.
• Net income reached $185.7 million in Q4 2025, a decrease of 11.1% year-over-year.
• Free cash flow hit $335.5 million in Q4 2025, down 27.9% from Q4 2024.
• Operating cash flow was $365.9 million in Q4 2025, down 27.1% from the same period two years ago.

Bottom Line

Fortive has shifted from a broad industrial portfolio to a streamlined business focused on software and healthcare technology. This transition included the 2025 separation of its precision tech unit to prioritize higher-growth segments.