FTV 📈 Fortive - Overview

Fortive Corporation is a diversified industrial company that designs, develops, manufactures, and services a wide range of professional and engineered products, software, and services. With operations in the United States, China, and internationally, the company has established a significant presence in various industries. Its product and service portfolio is organized into three main segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. This structure enables Fortive to cater to the unique needs of different industries, including manufacturing, process industries, healthcare, utilities, and communications, among others.

The Intelligent Operating Solutions segment is a key contributor to Fortive's revenue, providing advanced instrumentation, software, and services that enhance operational efficiency and safety. This segment offers a broad range of solutions, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions. The company markets its products and services under several well-known brands, such as ACCRUENT, FLUKE, and INDUSTRIAL SCIENTIFIC, which have established strong reputations in their respective markets. By leveraging these brands, Fortive is able to provide comprehensive solutions that meet the complex needs of its customers.

The Precision Technologies segment is another significant contributor to Fortive's business, offering a range of electrical test and measurement, sensing, and material technologies. These products and services are used in various industries, including industrial, power and energy, automotive, medical equipment, and aerospace and defense. The company's brands in this segment, such as KEITHLEY and TEKTRONIX, are recognized for their high quality and reliability, and are used by customers to improve their products and processes. By providing precision technologies, Fortive enables its customers to enhance their operational efficiency, reduce costs, and improve product quality.

The Advanced Healthcare Solutions segment is a critical part of Fortive's business, providing workflow solutions that enhance patient care and outcomes. This segment offers a range of products and services, including instrument sterilization, instrument tracking, and biomedical test tools, as well as design and manufacture of cell therapy equipment. The company's brands in this segment, such as ASP and FLUKE BIOMEDICAL, are trusted by healthcare professionals and institutions, and are used to improve the quality and safety of patient care. By providing advanced healthcare solutions, Fortive is able to make a positive impact on the lives of patients and healthcare professionals.

Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington. The company's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol FTV, and is classified under the Industrial Machinery & Supplies & Components sub-industry. With a strong portfolio of brands and a diversified business model, Fortive is well-positioned to continue growing and evolving in the industrial and healthcare markets. The company's website, https://www.fortive.com, provides more information about its products, services, and mission. The company's ISIN is US34959J1088, and its GICS Sub Industry classification is Industrial Machinery & Supplies & Components.