Fortive Corporation
name
Fortive Corporation
id
FTV
summary
Fortive Corporation is an American industrial technology conglomerate company headquartered in Everett, Washington. The company specializes in providing essential technologies for connected workflow solutions; designing, developing, manufacturing and distributing professional and engineered products, software and services. Their products and services are split into three strategic segments; Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. As of December 2022, Fortive has over 18,000 employees in 60 countries worldwide. Fortive was spun off from Danaher in July 2016. Brothers Steven and Mitchell Rales, Danaher's founders, retained board seats with Fortive after the separation. At the point of its independent incorporation, Fortive immediately became a component of the S&P 500. Later the transportation, automation and franchise distribution businesses would be spun off. In 2018 and 2019, Fortune named Fortive as a Future 50 company. In 2020, Fortune named Fortive one of the world's most admired companies.
industry
Conglomerate
founded
2016
headquarters
Everett, Washington, United States
areaServed
Worldwide
keyPeople
Alan Spoon (chairman), Jim Lico (president & CEO)
revenue
US$6.07 billion (2023)
operatingIncome
US$1.13 billion (2023)
netIncome
US$866 million (2023)
totalAssets
US$16.9 billion (2023)
totalEquity
US$10.3 billion (2023)
numberOfEmployees
c. 18,000 (2023)
subsidiaries
Fluke Corporation, Gems Sensors & Controls, Hengstler GmbH, Industrial Scientific Corporation, Pacific Scientific, Qualitrol, Setra Systems, Tektronix
website
fortive.com