Fortive Corp

NYSE FTV

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Fortive Corp Price to Sales Ratio (P/S) on June 03, 2024: 4.68

Fortive Corp Price to Sales Ratio (P/S) is 4.68 on June 03, 2024, a 16.82% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.

Fortive Corp 52-week high Price to Sales Ratio (P/S) is 5.63 on March 12, 2024, which is 20.42% above the current Price to Sales Ratio (P/S).
Fortive Corp 52-week low Price to Sales Ratio (P/S) is 3.78 on October 25, 2023, which is -19.07% below the current Price to Sales Ratio (P/S).
Fortive Corp average Price to Sales Ratio (P/S) for the last 52 weeks is 4.61.

NYSE: FTV

Fortive Corp

CEO	Mr. James A. Lico
IPO Date	July 1, 2016
Location	United States
Headquarters	6920 Seaway Boulevard, Everett, WA, United States, 98203
Employees	18,000
Sector	Technology
Industry	Scientific & technical instruments

Description

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. This segment markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies for industrial, power and energy, automotive, medical equipment, food and beverage, aerospace and defense, semiconductor, and other general industries under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brand names. The Advanced Healthcare Solutions segment provides critical workflow solutions comprising instrument sterilization, instrument tracking, design and manufacture of cell therapy equipment, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, PROVATION, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.

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