With a market cap of $18.6 billion, Fortive Corporation (FTV) is a global innovator of essential technologies that help keep the world safe and productive, with its strategic segments focused on Intelligent Operating Solutions and Advanced Healthcare Solutions. It operates across approximately 50 countries and drives growth through its iconic brands, innovative technologies, and culture of continuous improvement powered by the Fortive Business System.
Shares of Fortive have outperformed the broader market over the past 52 weeks. FTV stock has increased 28.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.2%. However, the stock is up 10.7% on a YTD basis, lagging behind SPX’s 13.2% return.
