Track market-moving stories before they get noisy

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that its Board of Directors (the “Board”) has appointed Susan L. Main as a director of Fortive, effective September 9, 2026, with the size of the Board expanded from eight to nine members. In addition, Ms. Main was concurrently appointed to the Audit Committee. Shar Dubey, Chair of the Board, said, “Sue brings deep financial and operational expertise, an independent perspective, and a strong track recor.

-

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that Olumide Soroye, President and Chief Executive Officer, and Mark Okerstrom, Chief Financial Officer, will be presenting at the Morgan Stanley 14th Annual Laguna Conference on Tuesday, September 15th, 2026, at 1:05 p.m. PT. The audio will be simultaneously webcast and archived on the "Investors" section of Fortive’s website, www.fortive.com.

About Fortive

Fortive innovates essential technologies to keep our world safe and productive. Fortive’s strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. The company’s businesses design, develop, manufacture, and market products, software, and services, building on leading brand names, innovative technologies, and strong market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 10,000 research and development, manufacturing, sales, distribution, service, and administrative team members in approximately 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: www.fortive.com.

More News From Fortive Corporation

Back to Newsroom

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.07 per share of its common stock, par value $0.01 per share, payable on September 25, 2026 to common stockholders of record on September 4, 2026. This declared dividend represents an increase of 16.7% over the prior quarterly dividend. Although Fortive expects to pay dividends on a quarterly basis, any subsequent declaration of.

Key Takeaways Fortive lifted 2026 adjusted EPS guidance to $2.95-$3.05 after Q2 earnings and revenues beat estimates.Fortive's core revenues rose 6.7% as price, volume and productivity gains widened adjusted EBITDA margin.Free cash flow rose 50.3% to $270.6 million, supporting innovation, buybacks and bolt-on acquisitions. Fortive Corporation (FTV - Free Report) raised its 2026 adjusted earnings outlook after second-quarter earnings and revenues exceeded estimates as organic growth accelerated. Price, volume and productivity gains broadened across the portfolio.

The question is whether those improvements can sustain earnings momentum through the second half. Wider margins and stronger cash conversion support the outlook, while healthcare mix, tariffs and uneven hospital spending keep the execution bar high.

FTV’s Q2 Beat Shows Broad Organic MomentumFortive reported adjusted earnings of 74 cents per share, 4.2% above the Zacks Consensus Estimate of 71 cents. Revenues rose 7.9% to $1.10 billion and exceeded the consensus mark of $1.06 billion.

Core revenues climbed 6.7% and accounted for most of the reported expansion. Both Intelligent Operating Solutions and Advanced Healthcare Solutions generated price and volume growth, making the beat broader than a currency- or portfolio-driven lift.

Fortive Accelerated Moves Beyond Early InitiativesFortive Accelerated centers on faster innovation, focused commercial execution and recurring customer value. Fluke’s CertiFiber Max targets data-center fiber testing, while Provation Mira Documentation Assist uses real-time, voice-driven artificial intelligence to streamline gastrointestinal documentation.

Keysight Technologies, Inc. (KEYS - Free Report) , another electronic-test provider, raised its fiscal 2026 outlook after record second-quarter orders. Its results provide a relevant reference point for Fortive’s push into advanced testing markets, though FTV still must convert product momentum into repeatable growth.

Fortive’s Raised Guidance Lifts the Earnings BarFortive lifted its full-year adjusted earnings range to $2.95-$3.05 per share. The revision reflects first-half execution and management’s confidence that its medium-term financial framework remains intact.

The higher range makes each remaining quarter a more important test. Sustained price realization, volume growth and productivity will need to offset mix pressure and continued investment without depending on tariff refunds.

FTV’s Margin Expansion Reveals Operating LeverageAdjusted EBITDA increased 12% to $323.1 million, while the margin expanded 110 basis points to 29.5%. Pricing, volume, productivity and structural savings more than offset higher employee costs and growth spending.

The quality was not uniform. Adjusted gross margin fell 100 basis points to 63%, and Advanced Healthcare Solutions’ adjusted EBITDA margin contracted 80 basis points to 26.1%, showing where execution still needs to improve.

Image Source: Zacks Investment Research

Fortive’s Cash Flow Adds Support to the OutlookOperating cash flow reached $298.7 million and free cash flow rose 50.3% to $270.6 million. Quarterly free cash flow conversion was 118.4% of adjusted net earnings.

That cash generation gives Fortive capacity to fund innovation, repurchase shares, pursue selective bolt-on acquisitions and maintain a modest dividend. It also provides flexibility as the company balances growth spending with higher refinancing costs.

FTV’s Healthcare Mix and Tariffs Cloud VisibilityHealthcare core revenues grew 5.3%, but capital-equipment growth remained modest and segment profitability weakened. STERIS plc (STE - Free Report) , which focuses on infection prevention and procedural products and services, offers a useful comparison for hospital sterilization demand.

Tariff refunds added 40 basis points to second-quarter operating margin. Future refund timing, possible new tariffs and customer pricing or sourcing responses remain uncertain, limiting visibility despite Fortive’s productivity and pricing countermeasures.

FTV’s Near-Term Signals Back the Guidance ResetThe guidance increase is supported by near-term earnings signals, but it does not settle the longer-term growth case. Fortive carries a Zacks Rank #2 (Buy), and the Zacks Consensus Estimate for current-year earnings has increased 1.5% over the past four weeks. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

A Momentum Score of B reinforces favorable short-term timing. The Growth Score of D and VGM Score of D are less supportive, indicating that continued earnings delivery is needed before the quarter’s improvement can underpin a broader growth thesis.

Industrial Buybacks: Top Homebuilding Supplier Leads Buyback IncreasesFortive NYSE: FTV reported second-quarter 2026 results that included 6.7% core revenue growth, 12% adjusted EBITDA growth and a 28% increase in adjusted earnings per share, prompting the company to raise its full-year adjusted EPS outlook.

President and CEO Olumide Soroye said the quarter marked continued execution of the company’s “Fortive Accelerated” strategy, which emphasizes innovation, commercial investments, recurring customer value and disciplined capital allocation. Fortive generated nearly $1.1 billion in revenue, up almost 8% on a reported basis, while adjusted EPS rose to $0.74.

Get Fortive alerts:

Buying the Dip in Fortive Stock is a Strong Move“Q2 marked another quarter of strong results and execution,” Soroye said, noting that the company has now produced four consecutive quarters of double-digit adjusted EPS growth.

Revenue Growth Across Segments CFO Mark Okerstrom said growth reflected both price and volume gains in Fortive’s two operating segments. North America remained the company’s strongest region, while growth in Asia-Pacific and Latin America more than offset a modest revenue decline in Europe, the Middle East and Africa. Management attributed the EMEA weakness to geopolitical tensions and continued economic softness in the region.

Intelligent Operating Solutions revenue grew about 9% on a reported basis and 7.4% organically. The segment benefited from growth across professional instrumentation, facilities and asset lifecycle solutions, and gas detection products. Segment adjusted EBITDA increased 12% to $264 million, while adjusted EBITDA margin expanded roughly 100 basis points to just under 35%.

Fluke recorded strong order volume, with orders growing modestly faster than revenue. Soroye said North American sell-through remained strong and that the business exited the quarter with improved channel inventory. Growth in Europe was affected by deferred purchases from a small number of channel customers, though management said point-of-sale trends in the region were the strongest seen in six quarters.

Fluke also continued to benefit from its focus on data centers. Demand for the company’s CertiFiber Max product exceeded expectations, according to management. The product is intended to speed fiber-cable certification for data center construction, and Fortive said it has also helped drive demand for Fluke’s broader portfolio of power quality, battery testing and diagnostic products.

Advanced Healthcare Solutions generated nearly $340 million in revenue, up 6% year over year and 5.3% on a core basis. Growth was supported by healthcare consumables, services and software sales in Latin America, Asia-Pacific and North America. Segment adjusted EBITDA rose about 3% to $88 million, although adjusted EBITDA margin declined approximately 80 basis points to 26%.

Management said ASP’s consumables and services business expanded in every major region, while low-temperature sterilization capital-equipment demand improved and returned to growth. Soroye said hospital capital budgets remain under pressure but have continued to improve. The company also cited strong provider demand for its gastrointestinal case documentation software.

Margins, Cash Flow and Tariff Refunds Fortive’s adjusted gross margin was 63%, down about 100 basis points from a year earlier, primarily because of product mix. Okerstrom said certain lower-margin products posted outsized growth, including products serving multi-site retail customers within Intelligent Operating Solutions. In healthcare, margin was affected by resumed growth in ASP capital products and strategic investments tied to larger accounts.

Despite gross-margin pressure, consolidated adjusted EBITDA increased to $323 million and adjusted EBITDA margin expanded about 110 basis points to 29.5%. The company credited adjusted gross-profit growth, operating leverage and structural cost savings, partly offset by investments in its growth strategy.

Fortive generated roughly $270 million of free cash flow during the quarter. Trailing 12-month free cash flow exceeded $1 billion, with conversion on net income “well north of 100%,” Okerstrom said.

The company recognized a $4.5 million benefit from refunds tied to IEEPA tariffs in its GAAP earnings. Fortive expects an additional $20 million to $25 million in tariff refunds in coming quarters, but excludes those refunds from adjusted metrics to facilitate comparisons between reporting periods.

Capital Allocation, AI and Acquisitions Fortive repurchased roughly $200 million of shares in the second quarter. Since the launch of “New Fortive” a year earlier, the company has deployed nearly $2 billion toward buybacks, repurchasing approximately 38 million shares, or about 11% of shares outstanding.

Fortive also acquired a majority stake in UV Smart, whose UVC high-level disinfection technology expands ASP’s disinfection portfolio for specialized instruments. Management said future bolt-on acquisitions will likely be concentrated in the company’s largest platforms, including Fluke and ASP, while software acquisitions would need to meet strict strategic and financial criteria.

The company highlighted artificial intelligence-enabled offerings across its software businesses, including predictive-maintenance tools at ServiceChannel and Accruent, Flash AI at Gordian, and new capabilities in Fluke’s eMaint platform. Soroye said Fortive’s AI investments have been supported by an internal AI Center of Excellence established seven years ago and have not required significant incremental spending.

Outlook Raised Fortive raised its 2026 adjusted EPS guidance to a range of $2.95 to $3.05. The company now expects full-year reported revenue of approximately $4.35 billion and core revenue growth of about 4%, compared with its prior expectation of 2% to 3% growth.

Management expects third-quarter revenue to follow normal seasonal patterns, with adjusted EBITDA margin slightly below second-quarter levels because of lower absolute revenue and modest strategic investments. Fourth-quarter reported revenue will be affected by four fewer selling days than the prior-year period, which Fortive expects will create a $15 million to $20 million revenue headwind and a 150-basis-point headwind to core growth.

Okerstrom said Fortive expects to continue operating within its targeted annual adjusted EBITDA margin expansion range of 50 to 100 basis points in 2026 and 2027.

About Fortive (NYSE:FTV)Fortive Corporation NYSE: FTV is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive's activities on higher‑margin instrumentation, software and services.

Fortive's operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Fortive Right Now?Before you consider Fortive, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fortive wasn't on the list.

While Fortive currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report

Fortive Corporation (FTV) Q2 2026 Earnings Call July 29, 2026 12:00 PM EDT

Company Participants

Christina Jones - Vice President of Investor Relations
Olumide Soroye - President, CEO & Director
Mark Okerstrom - Senior VP & CFO

Conference Call Participants

Scott Davis - Melius Research LLC
Nigel Coe - Wolfe Research, LLC
Deane Dray - RBC Capital Markets, Research Division
Andrew Kaplowitz - Citigroup Inc., Research Division
Christopher Snyder - Morgan Stanley, Research Division
Andrew Buscaglia - BNP Paribas, Research Division
Quinn Fredrickson - Robert W. Baird & Co. Incorporated, Research Division
Jamie Cook - Truist Securities, Inc., Research Division
Chigusa Katoku - JPMorgan Chase & Co, Research Division

Presentation

Operator

My name is Darryl, and I will be your conference facilitator this afternoon. At this time, I would like to welcome everyone to Fortive Corporation's Second Quarter 2026 Earnings Results Conference Call. [Operator Instructions]

I would now like to turn the call over to Ms. Christina Jones, Vice President of Investor Relations. Ms. Jones, you may begin your conference.

Christina Jones
Vice President of Investor Relations

Thank you, and thank you, everyone, for joining us on today's call. I am joined today by Olumide Soroye, Fortive's President and CEO; and Mark Okerstrom, Fortive's CFO.

During today's call, we present certain non-GAAP financial measures. Information required by Regulation G is available on the Investors section of our website at fortive.com. We will also make forward-looking statements, including statements regarding events or developments that we expect or anticipate will or may occur in the future. These forward-looking statements are subject to a number of risks, and actual results might differ materially from any forward-looking statements that we make today. Information regarding these risk factors is available in our SEC filings, including our annual report on Form 10-K and the subsequent quarterly reports on Form 10-Q.

These forward-looking statements speak

For the quarter ended June 2026, Fortive (FTV - Free Report) reported revenue of $1.1 billion, up 7.9% over the same period last year. EPS came in at $0.74, compared to $0.58 in the year-ago quarter.

The reported revenue represents a surprise of +3.89% over the Zacks Consensus Estimate of $1.06 billion. With the consensus EPS estimate being $0.71, the EPS surprise was +4.23%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Fortive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Sales- Advanced Healthcare Solutions: $338.6 million versus the four-analyst average estimate of $333.78 million. The reported number represents a year-over-year change of +6%.Sales- Intelligent Operating Solutions: $758.2 million versus the four-analyst average estimate of $735.93 million. The reported number represents a year-over-year change of +12.2%.Adjusted Operating Profit (Non-GAAP)- Intelligent Operating Solutions: $248 million compared to the $240.81 million average estimate based on four analysts.Adjusted Operating Profit (Non-GAAP)- Advanced Healthcare Solutions: $83.1 million versus the four-analyst average estimate of $83.97 million.Operating Profit- Intelligent Operating Solutions: $203.5 million versus the two-analyst average estimate of $192.56 million.Operating Profit- Advanced Healthcare Solutions: $38.3 million compared to the $39 million average estimate based on two analysts.View all Key Company Metrics for Fortive here>>>

Shares of Fortive have returned +4.9% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

July 29 (Reuters) - Fortive (FTV.N), opens new tab raised its 2026 adjusted profit forecast on Wednesday, helped ​by resilient demand for its ‌industrial automation unit.

A growing number of businesses investing heavily into optimizing their industrial ​operations has fueled demand ​for building technology, benefiting companies such ⁠as Fortive.

Learn about the latest breakthroughs in AI and tech with the Reuters Artificial Intelligencer newsletter. Sign up here.

Fortive makes industrial measurement ​equipment and software-enabled automation used in ​various industries.

Here are some more details:

The Everett, Washington-based company expects annual adjusted earnings in ​the range of $2.95 to $3.05 per ​share, compared with its prior forecast of $2.90 ‌to $3.00 ⁠per share.

Analysts on an average expected $3 per share, according to data compiled by LSEG.

It reported adjusted profit ​of 74 ​cents ⁠per share for the quarter ended July 3, beating ​analysts' estimate of 71 ​cents ⁠apiece.

Revenue for the second quarter rose about 8% to $1.1 billion from a ⁠year ​earlier, compared with ​Wall Street estimates of $1.07 billion.

Reporting by Anshuman Tripathy ​in Bengaluru; Editing by Devika Syamnath

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Key Takeaways FTV is set to report Q2 2026 results on July 29, with revenue and EPS expected to increase year over year.Fortive sees momentum in IOS and AHS, backed by data center demand, AI software and recurring services.FTV expects tariffs to weigh on margins near term, while productivity and buybacks support profitability. Fortive Corporation (FTV - Free Report) is scheduled to report second-quarter 2026 results on July 29.

The Zacks Consensus Estimate for revenues is pegged at $1.06 billion, which implies an increase of 3.9% from the year-ago reported number. The consensus mark for earnings is pegged at 71 cents per share, indicating year-over-year growth of 22.4%.

FTV’s earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters, while missing in one, with the average surprise being 7.93%.

Fortive’s shares have gained 23.2% compared with the Electronics - Testing Equipment industry’s growth of 32.3% in the past year.

Image Source: Zacks Investment Research

Factors to Note Ahead of FTV’s Q2 ResultsFortive is benefiting from its diversified portfolio of industrial technologies, software and healthcare solutions, with strength across data centers, software and recurring revenue businesses. The company continues to execute its Fortive Accelerated strategy, which focuses on faster, profitable organic growth through the Fortive Business System (FBS), disciplined capital allocation and building investor trust. Management reaffirmed confidence in its 2026-2027 financial framework and indicated that results are trending toward the upper half of its full-year guidance, reflecting strong execution.

The company is witnessing healthy momentum across both Intelligent Operating Solutions (IOS) and Advanced Healthcare Solutions (AHS). Strong demand for Fluke's data center solutions, AI-driven software offerings and recurring services supported growth in the first quarter. Management highlighted broad-based order growth across both segments, with orders outpacing revenue growth, healthy backlog levels and continued traction in recurring revenue businesses. For the second quarter, management expects business momentum to continue, with IOS remaining slightly ahead of AHS.

Fortive's operational discipline and cost initiatives continue to support profitability. The company generated adjusted EBITDA growth of 13% and expanded adjusted EBITDA margin by 140 basis points in the first quarter, driven by operating leverage, structural cost savings and share repurchases. Management expects FBS-led productivity initiatives and disciplined capital allocation to continue supporting margins, while ongoing share buybacks remain a key driver of shareholder returns.  These efforts might have benefited the second-quarter performance.

However, Fortive continues to face headwinds from tariffs, which pressured gross margins in the first quarter and are expected to remain a drag through part of the third quarter before easing. Hospital capital spending also remains cautious despite gradual improvement, while macroeconomic uncertainty could continue to weigh on demand in certain end markets.

What Does Our Model Unveil for FTV?Our proven model predicts an earnings beat for Fortive this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. That is just the case here.

Fortive has an Earnings ESP of +2.82% and a Zacks Rank #2 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

You can see the complete list of today’s Zacks #1 Rank stocks here.

Other Stocks With the Favorable CombinationHere are a few stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season.

Seagate Technology Holdings plc (STX - Free Report) has an Earnings ESP of +0.47% and a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

STX is scheduled to report quarterly figures on July 28. The Zacks Consensus Estimate for Seagate Technology’s to-be-reported quarter’s earnings and revenues is pinned at $5.10 per share and $3.49 billion, respectively. Shares of Seagate Technology are up 470.7% in the past year.

Sensata Technologies Holding plc (ST - Free Report) currently has an Earnings ESP of +0.54% and a Zacks Rank #2. Sensata is scheduled to report quarterly earnings on July 29. The Zacks Consensus Estimate for ST’s to-be-reported quarter’s earnings and revenues stands at 93 cents per share and $964 million, respectively. Shares of Sensata have gained 40.6% in the past year.

Woodward, Inc. (WWD - Free Report) has an Earnings ESP of +5.10% and a Zacks Rank #2 at present. The company is scheduled to report quarterly figures on July 29. The Zacks Consensus Estimate for Woodward’s to-be-reported quarter’s earnings and revenues is pinned at $2.39 per share and $1.11 billion, respectively. Shares of Woodward are up 62.7% in the past year.

Posted by Defense World Staff on Jul 27th, 2026

Cannell & Spears LLC decreased its holdings in shares of Fortive Corporation (NYSE:FTV – Free Report) by 51.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,697 shares of the technology company’s stock after selling 10,409 shares during the quarter. Cannell & Spears LLC’s holdings in Fortive were worth $534,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Pacific Capital Partners Ltd acquired a new position in shares of Fortive in the 4th quarter valued at $1,794,000. Aberdeen Group plc boosted its position in shares of Fortive by 12.0% in the 4th quarter. Aberdeen Group plc now owns 353,520 shares of the technology company’s stock worth $19,518,000 after purchasing an additional 37,828 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Fortive during the fourth quarter worth $20,387,000. ABN Amro Investment Solutions acquired a new stake in shares of Fortive during the fourth quarter worth $1,229,000. Finally, SG Americas Securities LLC increased its holdings in Fortive by 116.7% in the fourth quarter. SG Americas Securities LLC now owns 174,386 shares of the technology company’s stock valued at $9,628,000 after purchasing an additional 93,896 shares during the last quarter. 94.94% of the stock is owned by institutional investors.

Analysts Set New Price Targets Several equities analysts have weighed in on the company. Morgan Stanley increased their target price on Fortive from $58.00 to $59.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 3rd. Wells Fargo & Company increased their target price on shares of Fortive from $58.00 to $65.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Royal Bank Of Canada lifted their price target on shares of Fortive from $59.00 to $63.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Citigroup boosted their price target on shares of Fortive from $64.00 to $65.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Argus raised shares of Fortive from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Fortive has a consensus rating of “Hold” and a consensus target price of $63.00.

Check Out Our Latest Stock Report on FTV

Fortive Trading Up 0.1% NYSE:FTV opened at $62.39 on Monday. Fortive Corporation has a fifty-two week low of $46.34 and a fifty-two week high of $64.33. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.71 and a quick ratio of 0.57. The stock has a market capitalization of $18.87 billion, a PE ratio of 37.36 and a beta of 1.06. The business’s 50-day simple moving average is $60.82 and its 200-day simple moving average is $58.54.

Fortive (NYSE:FTV – Get Free Report) last posted its earnings results on Thursday, April 30th. The technology company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.06. The business had revenue of $2.14 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Fortive had a return on equity of 12.66% and a net margin of 12.84%.Fortive’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.85 EPS. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. Sell-side analysts expect that Fortive Corporation will post 2.98 earnings per share for the current fiscal year.

Fortive Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 22nd were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.24 annualized dividend and a dividend yield of 0.4%. Fortive’s dividend payout ratio is currently 14.37%.

Fortive declared that its board has initiated a share buyback program on Monday, May 4th that permits the company to buyback 20,000,000 shares. This buyback authorization permits the technology company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Insider Activity In related news, SVP Peter C. Underwood sold 47,557 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $60.81, for a total transaction of $2,891,941.17. Following the sale, the senior vice president directly owned 87,780 shares in the company, valued at $5,337,901.80. This trade represents a 35.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.65% of the stock is owned by corporate insiders.

Fortive Company Profile (Free Report)

Fortive Corporation (NYSE: FTV) is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive’s activities on higher‑margin instrumentation, software and services.

Fortive’s operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers.

Recommended Stories Five stocks we like better than Fortive RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding FTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fortive Corporation (NYSE:FTV – Free Report).

Receive News & Ratings for Fortive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortive and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEEntropy Technologies LP Buys 19,573 Shares of Skyworks Solutions, Inc. $SWKS

NEXT HEADLINE »123,466 Shares in DraftKings Inc. $DKNG Purchased by Entropy Technologies LP

Fortive Corporation remains rated "Hold" due to fair absolute valuation despite consistent revenue and profitability growth. FTV's Intelligent Operating Solutions and Advanced Healthcare Solutions segments delivered robust organic growth, aided by pricing, volume, and productivity initiatives. Management guides for FY26 adjusted EPS of $2.90–$3.00, with adjusted operating cash flow projected to rise to $1.21 billion.

New Y-style MC4 test leads enable safer operating voltage measurements on live PV systems without opening energized enclosures July 21, 2026 03:00 ET  | Source: Fluke Corporation

Eindhoven, Netherlands, July 21, 2026 (GLOBE NEWSWIRE) -- The new Fluke TLPV2 Solar Test Lead Set from Fluke Corporation gives solar technicians a safer way to measure operating voltage on energized photovoltaic (PV) systems without opening electrical enclosures or working around exposed live connections. Designed to enable touch-safe voltage measurements directly from PV module connections, the TLPV2 helps technicians capture critical performance data while systems remain operational.

As solar installations continue to grow in size and complexity, safely troubleshooting energized systems has become more critical than ever. Featuring a unique Y-style design with official Stäubli MC4 connectors that install directly in-line with PV modules, the Fluke TLPV2 Solar Test Lead Set transforms how technicians test live solar systems. It enables touch-safe operating voltage measurements and faster diagnostics while systems remain energized, all without opening live electrical enclosures or increasing exposure to electrical hazards.

“As solar systems become more complex, the tools technicians rely on must evolve to make safety non-negotiable,” said Will White, Senior Solar Product Manager at Fluke. “The TLPV2 represents a new approach to PV troubleshooting, one that delivers the visibility technicians need while reducing exposure to energized equipment. We’re helping customers solve problems faster while raising the standard for safety across the solar industry.”

The Fluke TLPV2 delivers several key benefits for solar installation, maintenance and troubleshooting professionals:

Improved technician safety by enabling operating voltage measurements without opening energized combiner boxes or inverters.Touch-safe testing with official Stäubli MC4 connectors and fully shrouded banana plug connections.CAT III 1500 V / CAT IV 1000 V safety ratings for use in demanding solar environments.Real-time operating voltage measurements that help technicians diagnose performance issues while systems are actively generating power.Compatibility with Fluke solar measurement tools, including the Fluke 393 FC Solar Clamp Meter, 283 FC/PV multimeter, and other meters accepting 4 mm shrouded banana plugs.Durable gold-plated contacts designed for long service life and reliable performance in the field.Included PV unlocking tool for safe disconnection of MC4 connectors during maintenance activities. The TLPV2 Solar Test Lead Set is ideal for PV system commissioning, inverter verification, troubleshooting, maintenance inspections, energy audits and system performance evaluations where operating voltage measurements are required.

For more information about the Fluke TLPV2 Solar Test Lead Set, please visit TLPV2 Solar Clamp Test Lead Set..

About Fluke 
Founded in 1948, Fluke Corporation is the world leader in compact, professional electronic test tools and software for measuring and condition monitoring. Fluke customers are technicians, engineers, electricians, maintenance managers, and metrologists who install, troubleshoot, and maintain industrial, electrical, and electronic equipment and calibration processes.  

###

FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website. 

What is the Fluke TLPV2?
The Fluke TLPV2 Solar Test Lead Set is a Y-style MC4 test lead solution that enables solar technicians to safely measure operating voltage on energized PV systems without opening electrical enclosures. It helps simplify troubleshooting by providing real-time system measurements while keeping technicians away from live electrical components.

What are the safety-critical features of the TLPV2?
The TLPV2 enables touch-safe operating voltage measurements outside energized electrical enclosures and is rated CAT III 1500 V / CAT IV 1000 V for demanding solar environments. Its Stäubli MC4 connectors and fully shrouded banana plugs help provide secure, reliable connections during testing.

What are the major features of the TLPV2?
Key features include a Y-style in-line design for PV modules, official Stäubli MC4 connectors, compatibility with Fluke solar test tools, durable gold-plated contacts, and a design optimized for solar installation, maintenance, and troubleshooting applications.

New Fluke TLPV2 Solar Test Lead Set Eliminates Risky Live-Box Voltage Measurements New Fluke TLPV2 Solar Test Lead Set Eliminates Risky Live-Box Voltage Measurements

New Fluke TLPV2 Solar Test Lead Set Eliminates Risky Live-Box Voltage Measurements New Y-style MC4 test leads enable safer operating voltage measurements on live PV systems New Fluke TLPV2 Solar Test Lead Set Eliminates Risky Live-Box Voltage Measurements New Y-style MC4 test leads enable safer operating voltage measurements on live PV systems

Contact Data Olivia Kline Fluke Corporation [email protected]

Norwich, United Kingdom, July 09, 2026 (GLOBE NEWSWIRE) -- Fluke Corporation, has helped UK-based solar installation company, Advanced Renewable Power (AR Power), to ensure the safer and more accurate installation of solar photovoltaic (PV) systems through use of its measurement tools.

AR Power delivers safe, high-quality commercial solar PV installations, providing reliable and efficient energy solutions for commercial and industrial customers. As demand for commercial solar PV continues to grow, AR Power needed to provide swifter maintenance while ensuring work remained safe and reliable. Its existing tools could not accurately measure the high voltages in solar PV systems, and a lack of wireless connectivity meant all data had to be manually recorded, a process that was both time-consuming and prone to errors.

Phil Armstrong, O&M Engineer at AR Power, says: “Our goal is to drive the adoption of renewable energy in organisations across the United Kingdom and support their transition to a cleaner, more sustainable future. The problem was that the measurement tools we were using were not designed specifically for high-voltage applications.”

AR Power recognised the need to provide its technicians with an essential toolset to perform tasks safely and efficiently in high-voltage environments. To do this, it deployed the Fluke 283 FC True-RMS CAT III 1500 V Digital Multimeter and the 283 FC True-RMS Wireless Current Clamp.

“Fluke has been a market leader in industry for test equipment for many years and is our go-to brand because of build quality and reliability of tools backed by excellent service from our Fluke representative,” Armstrong continues. “By integrating the Fluke 283 FC Digital Multimeter and the a283 FC Wireless Clamp into our toolkit, we have significantly enhanced our ability to deliver high-quality, safe, and efficient solar PV installation and maintenance services.”

The Fluke Multimeter provides AR Power with highly accurate voltage measurements crucial for precise frontline troubleshooting. It also ensures accurate, reliable, and repeatable results, enhancing confidence in measurement outcomes. When connected to the a283 FC Wireless Clamp, the Multimeter measures voltage and current simultaneously, automatically calculating VA power, which significantly streamlines AR Power’s workflows.

Both tools transmit measurements to Android and iOS smartphones via the Fluke Connect app, which provides operators with access to live readings and historical data from any location, enabling immediate analysis and decision-making. The software monitors data over time, helping AR Power identify potential issues before they become critical.

Claire Hu Weber, VP International Markets at Fluke adds: “We are pleased to support AR Power’s corporate mission to help companies and organisations reduce energy costs on their journeys towards Net Zero. At Fluke, we firmly believe solar and alternative energy are the future and aim to provide the tools that enable professionals to carry out their jobs safely and effectively. We are committed to the continuous roll out of tools and support for solar engineers at every level.”

Two key features of the Fluke tools that make them user-friendly for operators are the visual and audio polarity indicators and a user-defined limit gauge. The indicators are useful for quickly identifying measured voltage polarity, which is crucial for ensuring correct connections and preventing potential system damage. A prominent flashing red backlight provides a clearer warning than a standard backlight, meaning operators do not solely rely on an audible warning that could be missed in noisy environments.

Fluke’s devices have significantly contributed to operational improvements throughout the business and reduced the time required for diagnostics and maintenance. As AR Power continues to grow, it anticipates the need for additional devices to support its expanding operations and maintenance department.

### 

About Advanced Renewable Power
Established in 2011, AR Power is dedicated to providing commercial solar installations to businesses and organisations across the North East. They have been installing commercial solar panels for over a decade with a focus on helping commercial clients save money on their energy bills and offset their carbon footprint, allowing them to achieve Net Zero targets. For more information visit the AR Power website. 

About Fluke
Founded in 1948, Fluke Corporation is the world leader in compact, professional electronic test tools and software for measuring and condition monitoring. Fluke customers are technicians, engineers, electricians, maintenance managers, and metrologists who install, troubleshoot, and maintain industrial, electrical, and electronic equipment and calibration processes. FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website.

Q:What does Advanced Renewable Power do?
A: Advanced Renewable Power (AR Power) is a UK-based commercial solar PV installer that designs, installs, and maintains solar energy systems for commercial and industrial customers. The company focuses on helping organizations reduce energy costs, lower their carbon footprint, and progress toward their Net Zero goals.

Q: Why did AR Power choose to use Fluke tools?
A: AR Power needed tools designed to safely and accurately test high-voltage solar PV systems. Fluke's connected test tools improved safety, reduced manual data collection, and helped technicians complete diagnostics and maintenance more efficiently.

Q: Which Fluke tools is AR Power using and how are they used?
A: AR Power uses the Fluke 283 FC True-RMS CAT III 1500 V Digital Multimeter and the Fluke a283 FC True-RMS Wireless Current Clamp to safely test and troubleshoot high-voltage solar PV systems. Together, they measure voltage and current simultaneously, automatically calculate VA power, and wirelessly share data through the Fluke Connect app for faster diagnostics and maintenance.

Fluke Tools Help Advanced Renewable Power Meet Growing Solar Demand Fluke Tools Help Advanced Renewable Power Meet Growing Solar Demand

Fluke Tools Help Advanced Renewable Power Meet Growing Solar Demand Connected high-voltage testing enables safer, faster solar maintenance Fluke Tools Help Advanced Renewable Power Meet Growing Solar Demand Connected high-voltage testing enables safer, faster solar maintenance

AUSTIN, Texas--(BUSINESS WIRE)--Accruent, a leading provider of solutions to unify the built environment and an operating company of Fortive (NYSE: FTV), today announced a new strategic partnership with Carter Synergy, a leading provider of refrigeration, HVAC, mechanical, electrical and facilities management services. Through the partnership, Accruent will integrate Carter Synergy's Technical Bureau Services and deep HVACR (Heating, Ventilation, Air Conditioning, and Refrigeration) expertise i.

Norwich, United Kingdom, June 29, 2026 (GLOBE NEWSWIRE) -- eMaint, the Computerised Maintenance Management Software (CMMS) and Enterprise Asset Management (EAM) software product from Fluke Corporation, today announced the launch of its Global Partner Network.  The program formalizes eMaint’s partner ecosystem for the first time, enabling customers to access a broader network of trusted experts, technologies, and services that help accelerate maintenance excellence and asset performance.

As industrial organizations modernize their maintenance and reliability programs, they need more than software, they need deep expertise, industry-specific knowledge, and services that help turn technology into measurable operational outcomes. eMaint’s Global Partner Network gives partners a clear, consistent framework to collaborate with eMaint, expand customer impact, and help organizations improve asset reliability, operational efficiency, and long-term performance.

The program provides partners with structured training, certification, enablement, incentives, and go-to-market support. Customers will benefit from faster implementation, stronger adoption support, expanded local expertise, and solutions that help improve uptime, standardize maintenance practices, and maximize the value of their eMaint investment.

“This is a defining moment for eMaint,” said Jay Hack, Vice President and General Manager of eMaint, “We are formalizing a global partner ecosystem that reflects the scale of our business and the growing demand we see from industrial organizations. Our partners will play a critical role in helping customers move faster, adopt more effectively, and achieve measurable value from their maintenance programs.”

The launch builds on eMaint’s established position in industrial maintenance software and creates a stronger foundation for continued growth. By formalizing its partner ecosystem, eMaint is expanding its ability to serve customers across regions, industries, and maintenance maturity levels.

Partners will be empowered to support customers across key industries, including Manufacturing, Life Sciences, Food and Beverage, Automotive and Oil and Gas. helping organizations modernize maintenance operations and improve reliability.

Joe Cateno, Practice Director at Elevotec, an eMaint Partner, said: “eMaint has built strong credibility with industrial maintenance teams, and this program gives partners a clear path to bring that value to more customers. As demand grows for scalable maintenance solutions, we see a significant opportunity to help organizations modernize their operations with eMaint.”

The program reinforces eMaint’s commitment to building a partner ecosystem that can deliver targeted solutions across key industries. As customer needs continue to evolve, the program ensures partners are equipped to respond with practical, measurable support.

“We’re building a world-class channel organization focused on customer outcomes, partner success, and scalable growth,” said Chris Lund, Indirect GTM and Channel Lead at eMaint. “Partners have been integral to our success, and this program represents our commitment to helping them grow, differentiate, and drive even greater impact for customers globally.”

The new program builds on growing momentum across eMaint’s partner ecosystem, including:

Scaled partner presence globally with 25 new partners onboarded across Western and Central Europe, South America, and Canada.Strengthened the partner ecosystem by training 46 partners on eMaint in Bonita Springs and Eindhoven, with a new certification program planned for late 2026.Extended partner-led service capabilities across priority industries, including Life Sciences, Discrete and Process Manufacturing, Facilities Management, Power Generation, Transportation, and the Public Sector. With the Global Partner Program, eMaint is creating a more connected and scalable partner ecosystem designed to accelerate customer value and support the future of industrial maintenance.

For more information on eMaint’s Partner Network, please visit: https://www.emaint.com/cmms/emaint-partner-program/ 

About eMaint
eMaint Computerized Maintenance Management System (CMMS) and Enterprise Asset Management (EAM) is an award-winning software for work orders, PM scheduling, asset management, spare parts inventory, condition monitoring.

About eMaint’s Partner Network
The eMaint Partner Network is a global ecosystem of trusted partners who innovate, sell, implement, and deliver strategic consulting services. By combining industry‑specific expertise with deep platform knowledge, our partners help organizations improve asset reliability, operational efficiency, and long‑term performance across all industries.

Find out more here: https://www.emaint.com/cmms/emaint-partner-program/

About Fluke 
Founded in 1948, Fluke Corporation is the world leader in compact, professional electronic test tools and software for measuring and condition monitoring. Fluke customers are technicians, engineers, electricians, maintenance managers, and metrologists who install, troubleshoot, and maintain industrial, electrical, and electronic equipment and calibration processes.  

# # #

FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website. 

  
Q: Why is eMaint launching a Global Partner Network now?

A: Customers need more than software—they need trusted experts who can help deliver measurable maintenance and reliability outcomes. By formalizing our global partner ecosystem, we're expanding access to qualified partners who can accelerate implementation, strengthen adoption, and help customers realize greater value from eMaint.

Q: What are the benefits of the Global Partner Network for partners?

A: The program gives partners the training, certification, enablement, and go-to-market support they need to grow their business with eMaint. It helps them differentiate their services, expand into new markets, and deliver greater value for customers while building long-term relationships.

Q: What does the Global Partner Network mean for eMaint customers?

A: Customers gain access to a global network of trusted experts who can help them implement and optimize eMaint more quickly. The result is faster deployments, stronger adoption, greater local expertise, and improved asset reliability, uptime, and long-term value from their eMaint investment.

eMaint Launches First Global Partner Network eMaint Launches First Global Partner Network

eMaint Launches First Global Partner Network eMaint’s Global Partner Network gives partners a clear, consistent framework to collaborate with eMa... eMaint Launches First Global Partner Network eMaint’s Global Partner Network gives partners a clear, consistent framework to collaborate with eMa...

IRVINE, Calif.--(BUSINESS WIRE)--Advanced Sterilization Products (ASP), part of the Infection Prevention group of companies within Fortive (NYSE: FTV), announced today it has acquired a majority share of UV Smart, a leader in High Level Disinfection technology in Europe.

UV Smart is renowned for its UV-C High Level Disinfection (HLD) technology that enables faster, safer and lower-cost HLD for specialty scopes. “UV Smart’s dedicated customer relationships and highly skilled team are key strengths that align perfectly with ASP’s long-term growth strategy of infection prevention,” shared Daan Hoek, co-founder of UV Smart. He continued, “Where current cleaning & disinfection processes of TEE probes can often take hours, UV Smart’s premier product, the D60, achieves high-level disinfection using UV-C light in just minutes. For healthcare providers, the D60 represents a significant improvement in efficiency and workflow.”

“This acquisition expands ASP’s ability to deliver innovative solutions to customers across Europe and North America,” said Chad Rohrer, President of ASP and Group President, Fortive Infection Prevention Group. “It strengthens ASP’s portfolio while accelerating global adoption of UV Smart’s products. We are pleased to welcome UV Smart to ASP’s clinical solutions portfolio and look forward to building a stronger future together.”

About Advanced Sterilization Products (ASP)

Advanced Sterilization Products (ASP) has a long track record of designing and delivering innovative infection prevention solutions that dramatically raise the level of health care and safety for those who matter most. Our pioneering technology, global distribution and established leadership position enable us to simplify the process of buying and operating infection prevention products and services every day for thousands of medical facilities around the world. This enables our customers to focus on what they do best – preventing infection and saving lives. For more information, please visit www.asp.com.

About UV Smart

UV Smart, a Dutch MedTech Company develops and delivers advanced UV-C products that make healthcare workflows faster, safer, more cost efficient, and more sustainable. The portfolio is specifically aimed at the disinfection of cardiology, gynecology, TEE and ENT equipment respectively, thoughtfully designed and clinically validated. UV Smart now supplies hospitals and clinics in 35 countries. Our dedicated team continuously improves our technology so healthcare facilities of any size can reduce reprocessing time, streamline daily operations, lower costs, and strength traceability while doing what matters most, fighting healthcare-associated infections. For more information about UV Smart, visit https://www.uvsmart.nl.

Posted by Defense World Staff on Mar 30th, 2026

SG Americas Securities LLC raised its stake in shares of Fortive Corporation (NYSE:FTV – Free Report) by 116.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 174,386 shares of the technology company’s stock after acquiring an additional 93,896 shares during the quarter. SG Americas Securities LLC owned approximately 0.05% of Fortive worth $9,628,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Diversified Trust Co. increased its position in shares of Fortive by 48.7% in the 4th quarter. Diversified Trust Co. now owns 17,213 shares of the technology company’s stock worth $950,000 after purchasing an additional 5,641 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Fortive by 3.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 38,427 shares of the technology company’s stock valued at $2,131,000 after purchasing an additional 1,410 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Fortive by 2.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 46,705 shares of the technology company’s stock valued at $2,579,000 after purchasing an additional 1,007 shares in the last quarter. Board of the Pension Protection Fund lifted its position in shares of Fortive by 10.3% during the fourth quarter. Board of the Pension Protection Fund now owns 3,200 shares of the technology company’s stock worth $177,000 after purchasing an additional 300 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of Fortive by 2.5% during the fourth quarter. Park Avenue Securities LLC now owns 8,401 shares of the technology company’s stock worth $464,000 after purchasing an additional 208 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In Several analysts recently weighed in on FTV shares. JPMorgan Chase & Co. boosted their price objective on Fortive from $57.00 to $63.00 and gave the company an “underweight” rating in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Fortive in a report on Monday, December 29th. Zacks Research upgraded Fortive from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Robert W. Baird set a $65.00 price target on Fortive in a report on Thursday, February 5th. Finally, Mizuho reissued an “underperform” rating and set a $51.00 price target (down from $54.00) on shares of Fortive in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Fortive currently has a consensus rating of “Hold” and a consensus price target of $61.23.

View Our Latest Report on Fortive

Fortive Price Performance FTV opened at $53.95 on Monday. The company has a quick ratio of 0.58, a current ratio of 0.71 and a debt-to-equity ratio of 0.36. The company’s 50-day moving average price is $56.34 and its 200 day moving average price is $53.44. Fortive Corporation has a fifty-two week low of $46.34 and a fifty-two week high of $74.67. The firm has a market cap of $16.61 billion, a price-to-earnings ratio of 31.19, a price-to-earnings-growth ratio of 2.91 and a beta of 1.10.

Fortive (NYSE:FTV – Get Free Report) last issued its earnings results on Wednesday, February 4th. The technology company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.07. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. Fortive had a return on equity of 11.98% and a net margin of 12.48%.Fortive’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.17 earnings per share. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. As a group, sell-side analysts expect that Fortive Corporation will post 4.05 earnings per share for the current year.

Fortive Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were given a dividend of $0.06 per share. The ex-dividend date was Friday, March 13th. This represents a $0.24 dividend on an annualized basis and a yield of 0.4%. Fortive’s payout ratio is currently 13.87%.

Insider Buying and Selling In other Fortive news, Director Kate Mitchell sold 7,131 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $58.34, for a total value of $416,022.54. Following the sale, the director directly owned 31,775 shares of the company’s stock, valued at $1,853,753.50. This trade represents a 18.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.92% of the stock is currently owned by insiders.

Fortive Company Profile (Free Report)

Fortive Corporation (NYSE: FTV) is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive’s activities on higher‑margin instrumentation, software and services.

Fortive’s operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers.

See Also Five stocks we like better than Fortive

Receive News & Ratings for Fortive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortive and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINESG Americas Securities LLC Acquires 61,805 Shares of Steel Dynamics, Inc. $STLD

NEXT HEADLINE »SG Americas Securities LLC Trims Holdings in Rithm Capital Corp. $RITM

Posted by Defense World Staff on Apr 7th, 2026

Aberdeen Group plc grew its holdings in shares of Fortive Corporation (NYSE:FTV – Free Report) by 12.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 353,520 shares of the technology company’s stock after buying an additional 37,828 shares during the quarter. Aberdeen Group plc owned 0.11% of Fortive worth $19,518,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FTV. Dodge & Cox grew its holdings in shares of Fortive by 28.4% during the third quarter. Dodge & Cox now owns 42,595,794 shares of the technology company’s stock valued at $2,086,768,000 after buying an additional 9,422,189 shares during the last quarter. Viking Global Investors LP grew its holdings in shares of Fortive by 28.7% during the third quarter. Viking Global Investors LP now owns 20,483,680 shares of the technology company’s stock valued at $1,003,495,000 after buying an additional 4,571,056 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in shares of Fortive by 55.2% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 8,709,913 shares of the technology company’s stock valued at $426,699,000 after buying an additional 3,096,711 shares during the last quarter. Hotchkis & Wiley Capital Management LLC grew its holdings in shares of Fortive by 205.6% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 3,719,200 shares of the technology company’s stock valued at $182,204,000 after buying an additional 2,502,300 shares during the last quarter. Finally, Pacer Advisors Inc. grew its holdings in shares of Fortive by 132.8% during the third quarter. Pacer Advisors Inc. now owns 3,222,299 shares of the technology company’s stock valued at $157,860,000 after buying an additional 1,838,120 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Fortive Stock Performance Fortive stock opened at $56.74 on Tuesday. The firm’s 50 day simple moving average is $56.49 and its 200 day simple moving average is $53.72. The company has a current ratio of 0.71, a quick ratio of 0.58 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $17.47 billion, a PE ratio of 32.80, a price-to-earnings-growth ratio of 3.03 and a beta of 1.09. Fortive Corporation has a 1-year low of $46.34 and a 1-year high of $74.67.

Fortive (NYSE:FTV – Get Free Report) last posted its earnings results on Wednesday, February 4th. The technology company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.07. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Fortive had a net margin of 12.48% and a return on equity of 11.98%. Fortive’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.17 EPS. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. As a group, analysts expect that Fortive Corporation will post 4.05 earnings per share for the current fiscal year.

Fortive Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Friday, March 13th. Fortive’s payout ratio is currently 13.87%.

Insider Buying and Selling In other Fortive news, Director Kate Mitchell sold 7,131 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $58.34, for a total value of $416,022.54. Following the completion of the transaction, the director owned 31,775 shares of the company’s stock, valued at $1,853,753.50. The trade was a 18.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.92% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes A number of research firms recently weighed in on FTV. Citigroup raised their price target on shares of Fortive from $59.00 to $64.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Barclays raised their price target on shares of Fortive from $56.00 to $63.00 and gave the company an “equal weight” rating in a research report on Monday, February 9th. Robert W. Baird set a $65.00 price target on shares of Fortive in a report on Thursday, February 5th. Zacks Research upgraded shares of Fortive from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Finally, Mizuho restated an “underperform” rating and set a $51.00 price target (down from $54.00) on shares of Fortive in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $60.69.

Read Our Latest Research Report on Fortive

About Fortive (Free Report)

Fortive Corporation (NYSE: FTV) is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive’s activities on higher‑margin instrumentation, software and services.

Fortive’s operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers.

Featured Articles Five stocks we like better than Fortive Want to see what other hedge funds are holding FTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fortive Corporation (NYSE:FTV – Free Report).

Receive News & Ratings for Fortive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortive and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAberdeen Group plc Purchases 11,410 Shares of Old Dominion Freight Line, Inc. $ODFL

NEXT HEADLINE »Aberdeen Group plc Trims Holdings in Travere Therapeutics, Inc. $TVTX

NEW YORK--(BUSINESS WIRE)--CD&R (or the “Firm”) today announced that Jim Lico, former President and Chief Executive Officer of Fortive Corporation (NYSE: FTV), a diversified industrial growth company, has been engaged as an Operating Advisor to CD&R funds. Jim will work with the Firm’s industrials team to help source new investments and advise the funds’ industrials businesses.

Jim served as founding President and CEO of Fortive from 2016 to 2025, leading the company's separation from Danaher Corporation (NYSE: DHR), growing its market capitalization from $16 billion to $25 billion and delivering safety and productivity solutions across the industrial and healthcare sectors. During his tenure, Fortive delivered strong financial results — generating annual revenues exceeding $6 billion — while executing a disciplined portfolio strategy that included the separation of Ralliant Corporation (NYSE: RAL) to sharpen the company’s focus on its core markets.

"We are pleased to have Jim engaged as an Operating Advisor to CD&R funds. Jim has spent nearly three decades building and running leading global technology and industrial businesses and brings deep operational and strategic experience across key sectors that are important to our investment footprint and strategy,” said CD&R CEO Nate Sleeper.

Prior to Fortive, Jim spent two decades at Danaher in senior leadership roles, most recently as Operational Executive Vice President. He held broad operating responsibility across multiple business units, led the Danaher Business System office and played an instrumental role in expanding the company’s presence in Asia and the Middle East. Earlier in his career, Jim held senior positions at AlliedSignal and General Motors (NYSE: GM).

“CD&R has built a distinctive model, one that pairs rigorous investment discipline with genuine operating partnership,” said Jim. “I believe that approach creates real value, and I look forward to contributing to the next phase of growth for the Firm’s portfolio companies.”

Jim currently sits on the boards of DuPont (NYSE: DD), Fred Hutch and PTC (NASDAQ: PTC). He holds a B.S. from the University of Michigan-Dearborn and an M.M. in General Management from Northwestern University – Kellogg School of Management.

About CD&R

Founded in 1978, CD&R is a leading private investment firm with a strategy of generating strong investment returns by building more robust and sustainable businesses through the combination of skilled investment experience and deep operating capabilities. In partnership with the management teams of its portfolio companies, CD&R takes a long-term view of value creation and emphasizes positive stewardship and impact. The firm invests in businesses that span a broad range of industries, including industrial, healthcare, consumer, technology and financial services end markets. CD&R is privately owned by its partners and has offices in New York and London. For more information, please visit www.cdr.com and follow the firm’s activities through LinkedIn and @CDRBuilds on X/Twitter.

Analysts on Wall Street project that Fortive (FTV - Free Report) will announce quarterly earnings of $0.64 per share in its forthcoming report, representing a decline of 24.7% year over year. Revenues are projected to reach $1.03 billion, declining 29.9% from the same quarter last year.

The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

Bearing this in mind, let's now explore the average estimates of specific Fortive metrics that are commonly monitored and projected by Wall Street analysts.

Based on the collective assessment of analysts, 'Sales- Advanced Healthcare Solutions' should arrive at $312.92 million. The estimate suggests a change of +3.6% year over year.

The collective assessment of analysts points to an estimated 'Sales- Intelligent Operating Solutions' of $728.82 million. The estimate suggests a change of +8.6% year over year.

It is projected by analysts that the 'Operating Profit- Intelligent Operating Solutions' will reach $189.56 million. Compared to the current estimate, the company reported $173.70 million in the same quarter of the previous year.

Analysts predict that the 'Operating Profit- Advanced Healthcare Solutions' will reach $22.91 million. Compared to the current estimate, the company reported $26.30 million in the same quarter of the previous year.

Analysts' assessment points toward 'Adjusted Operating Profit (Non-GAAP)- Advanced Healthcare Solutions' reaching $71.41 million. Compared to the present estimate, the company reported $70.90 million in the same quarter last year.

The consensus among analysts is that 'Adjusted Operating Profit (Non-GAAP)- Intelligent Operating Solutions' will reach $245.93 million. The estimate compares to the year-ago value of $223.70 million.

View all Key Company Metrics for Fortive here>>>

Over the past month, shares of Fortive have returned +11.7% versus the Zacks S&P 500 composite's +12.2% change. Currently, FTV carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the first quarter of 2026.

“Q1 represented a strong start to the year and another quarter of solid execution by our team. We delivered core revenue growth of ~5%, adjusted EBITDA growth of ~13%, and adjusted EPS growth of ~25%. This solid performance reflects underlying strength in demand for our market-leading products, encouraging progress in the execution of our Fortive Accelerated strategy, and a continued focus on financial discipline and Fortive Business System (FBS) operational rigor. We continued to deliver on our commitment to disciplined capital allocation by completing an additional ~$500 million of share repurchases in the quarter, bringing our total buybacks in the three quarters since launching new Fortive to ~$1.8 billion,” said Olumide Soroye, President and CEO.

“Looking ahead, we are reaffirming our full-year 2026 adjusted EPS guidance range of $2.90 to $3.00, and we are currently trending toward the upper half of the range. We are encouraged by early progress on all three pillars of our Fortive Accelerated strategy: profitable organic growth acceleration powered by FBS Amplified, disciplined capital allocation with a focus on best relative returns, and a commitment to building and maintaining investor trust. We remain firmly on track to deliver on our medium-term financial framework and our progress to date boosts our excitement about the significant shareholder value creation opportunity in front of us,” Mr. Soroye concluded.

Financial Highlights for First Quarter 2026, Continuing Operations

Revenue of $1.07 billion, up 7.7% year-over-year; core revenue up 5.3% GAAP net earnings of $136 million, up 21.1% year-over-year, GAAP net earnings margin of 12.8%; adjusted EBITDA of $314 million, up 13.2% year-over-year, adjusted EBITDA margin of 29.3% GAAP diluted net EPS of $0.44, up 33.3% year-over-year; adjusted diluted net EPS of $0.70, up 25.4% year-over-year GAAP operating cash flow of $220 million; Free Cash Flow of $194 million Deployed ~$500 million towards share repurchases FY 2026 Guidance

For FY 2026, Fortive continues to expect adjusted diluted net earnings per share of $2.90 to $3.00.

Summary Financial Results, Continuing Operations

Fortive Continuing Operations

Q1-26

Q1-25

Variance

Revenue

$1,069M

$993M

7.7% / 5.3% (reported / core)

GAAP Net Earnings

$136M

$113M

21.1%

GAAP Net Earnings margin

12.8%

11.3%

150 bps

Adj. EBITDA

$314M

$277M

13.2%

Adj. EBITDA margin

29.3%

27.9%

140 bps

GAAP diluted net earnings per share

$0.44

$0.33

33.3%

Adj. diluted net earnings per share

$0.70

$0.55

25.4%

GAAP Operating cash flow

$220M

$192M

14.9%

Free cash flow

$194M

$171M

13.5%

Percentages presented may not recalculate based on the amounts shown due to rounding.

Summary Financial Results by Segment, Continuing Operations

Intelligent Operating Solutions

Q1-26

Q1-25

Variance

Revenue

$743M

$691M

7.6% / 5.2% (reported / core)

GAAP Operating profit

$186M

$175M

6.6%

GAAP Operating margin

25.1%

25.3%

(20) bps

Adj. EBITDA

$255M

$236M

8.0%

Adj. EBITDA margin

34.3%

34.2%

10 bps

Advanced Healthcare Solutions

Q1-26

Q1-25

Variance

Revenue

$326M

$302M

7.9% / 5.8% (reported / core)

GAAP Operating profit

$33M

$22M

50.7%

GAAP Operating margin

10.0%

7.2%

280 bps

Adj. EBITDA

$84M

$71M

17.7%

Adj. EBITDA margin

25.7%

23.6%

210 bps

PRECISION TECHNOLOGIES SEPARATION

On June 28, 2025 (the “Distribution Date”), the Company completed the separation (the “Separation” or the “PT Separation”) of its former Precision Technologies segment by distributing to Fortive shareholders on a pro rata basis all of the issued and outstanding common stock of Ralliant Corporation (“Ralliant”), the entity incorporated to hold the PT businesses. The requirements for reporting the Ralliant business as discontinued operations were met upon completion of the PT Separation. Unless otherwise indicated, all amounts herein refer to continuing operations.

CONFERENCE CALL DETAILS

Fortive will discuss results and outlook during its quarterly investor conference call today starting at 12:00 p.m. ET. The call and an accompanying slide presentation will be webcast on the “Investors” section of Fortive’s website, www.fortive.com, under “News & Events.” A replay of the webcast will be available at the same location shortly after the conclusion of the presentation.

The conference call can be accessed by dialing 877-407-3110 within the U.S. or by dialing +1 215-268-9915 outside the U.S. a few minutes before 12:00 p.m. ET and notifying the operator that you are dialing in for Fortive’s earnings conference call. You can access a replay of the conference call on the “Investors” section of Fortive’s website, www.fortive.com, under “News & Events.”

ABOUT FORTIVE

Fortive innovates essential technologies to keep our world safe and productive. Fortive’s strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. The company’s businesses design, develop, manufacture, and market products, software, and services, building on leading brand names, innovative technologies, and strong market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 10,000 research and development, manufacturing, sales, distribution, service, and administrative team members in approximately 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: www.fortive.com.

NON-GAAP FINANCIAL MEASURES

In addition to the financial measures prepared in accordance with United States generally accepted accounting principles (GAAP), this earnings release also references “adjusted net earnings,” “adjusted diluted net earnings per share,” “adjusted EBITDA,” “adjusted EBITDA margin,” “free cash flow,” and “core revenue growth,” which are non-GAAP financial measures. The reasons why we believe these measures, when used in conjunction with the GAAP financial measures, provide useful information to investors, how management uses such non-GAAP financial measures, a reconciliation of these measures to the most directly comparable GAAP measures and other information relating to these measures are included in the supplemental reconciliation schedule attached. The non-GAAP financial measures should not be considered in isolation or as a substitute for the GAAP financial measures, but should instead be read in conjunction with the GAAP financial measures. The non-GAAP financial measures used by Fortive in this release may be different from similarly-titled non-GAAP measures used by other companies. With respect to forward-looking non-GAAP measures, we have not reconciled with, or presented, corresponding forward-looking GAAP measures since doing so would require us to make assumptions with precision about acquisitions, currency translations, capital and other expenses and other similar adjustments during the future periods.

FORWARD-LOOKING STATEMENTS

Statements in this presentation that are not strictly historical, including statements regarding anticipated financial results, industry trends, the ability to execute the planned strategies, future prospects, shareholder value, and any other statements identified by their use of words like “anticipate,” “expect,” “believe,” “outlook,” “guidance,” “target,” or “will” or other words of similar meaning, are “forward-looking statements" within the meaning of the United States federal securities laws. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things: deterioration of or instability in the economy, the markets we serve, international trade policies and deteriorating trade relations with other countries, including imposition of tariffs and retaliatory tariffs between United States and China and other countries, responsive economic nationalism, trade restrictions, and enhanced regulation, impact of any prolonged government shutdown, the financial markets, geopolitical conditions and conflicts including in the Middle East and in Ukraine, security breaches, data exfiltration, or other disruptions of our information technology systems, supply chain constraints, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole sources of supply, contractions or lower growth rates and cyclicality of markets we serve, competition, changes in industry standards and governmental regulations, our ability to manage leadership transitions and recruit and retain key employees, our ability to successfully identify, consummate, integrate and realize the anticipated value of appropriate acquisitions or otherwise effectively deploy our capital, our ability to develop and successfully market new products, software, and services and expand into new markets, the potential for improper conduct by our employees, agents or business partners, contingent liabilities relating to acquisitions and divestitures, impact of changes to tax laws, our compliance with applicable laws and regulations and changes in applicable laws and regulations, risks relating to international economic, geopolitical, including war and sanctions, legal, compliance and business factors, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, the impact of our debt obligations on our operations, litigation and other contingent liabilities including intellectual property and environmental, health and safety matters, our ability to adequately protect our intellectual property rights, risks relating to product, service or software defects, product liability and recalls, risks relating to product manufacturing, our relationships with and the performance of our channel partners, commodity costs and surcharges, adverse effects of restructuring activities, our separation into two independent, publicly-traded companies, risk related to tax treatment of our prior separations, impact of our indemnification obligation to Ralliant and Vontier, impact of changes to U.S. GAAP, labor matters, and disruptions relating to man-made and natural disasters and climate change. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Reports on Form 10-Q for the subsequent quarters. These forward-looking statements speak only as of the date of this presentation, and Fortive does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise.

FORTIVE CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS

($ and shares in millions, except per share amounts)

(unaudited)

  Three Months Ended

April 3, 2026

March 28, 2025

Sales

1,069.4

993.1

Cost of sales

(393.9

)

(355.6

)

Gross profit

675.5

637.5

Operating costs:

Selling, general and administrative

(417.3

)

(408.2

)

Research and development

(66.5

)

(64.0

)

Operating profit

191.7

165.3

Non-operating income (expense), net:

Interest expense, net

(31.6

)

(32.0

)

Other non-operating income, net

3.5

0.4

Earnings from continuing operations before income taxes

163.6

133.7

Income taxes

(27.2

)

(21.1

)

Net earnings from continuing operations

136.4

112.6

Net earnings from discontinued operations

—

59.3

Net earnings

$

136.4

$

171.9

Net earnings per common share from continuing operations:

Basic

$

0.44

$

0.33

Diluted

$

0.44

$

0.33

Net earnings per common share from discontinued operations:

Basic

$

—

$

0.17

Diluted

$

—

$

0.17

Net earnings per share:

Basic

$

0.44

$

0.50

Diluted

$

0.44

$

0.50

Average common stock and common equivalent shares outstanding:

Basic

309.6

341.1

Diluted

312.8

344.6

  This information is presented for reference only. A complete copy of Fortive’s Form 10-Q financial statements is available on the Company’s website (www.fortive.com).

  FORTIVE CORPORATION AND SUBSIDIARIES

SEGMENT INFORMATION

($ in millions)

(unaudited)

  Three Months Ended

April 3, 2026

March 28, 2025

Sales:

Intelligent Operating Solutions

$

743.2

$

690.9

Advanced Healthcare Solutions

326.2

302.2

Total

$

1,069.4

$

993.1

Operating Profit:

Intelligent Operating Solutions

$

186.2

$

174.6

Advanced Healthcare Solutions

32.7

21.7

Other (a)

(27.2

)

(31.0

)

Total

$

191.7

$

165.3

Operating Margins:

Intelligent Operating Solutions

25.1 %

25.3 %

Advanced Healthcare Solutions

10.0 %

7.2 %

Total

17.9 %

16.6 %

(a) Operating profit amounts in the Other category consist of unallocated corporate costs and other costs not considered part of our evaluation of reportable segment operating performance.

This information is presented for reference only. A complete copy of Fortive’s Form 10-Q financial statements is available on the Company’s website (www.fortive.com).

FORTIVE CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED BALANCE SHEETS

($ and shares in millions, except per share amounts)

  As of

April 3, 2026

December 31, 2025

(unaudited)

ASSETS

Current assets:

Cash and equivalents

$

356.1

$

375.5

Accounts receivable less allowance for doubtful accounts of $18.4 and $18.8, respectively

647.0

683.6

Inventories:

Finished goods

175.0

169.9

Work in process

13.9

12.3

Raw materials

116.6

109.6

Inventories

305.5

291.8

Prepaid expenses and other current assets

233.8

234.0

Current assets, discontinued operations

4.8

20.8

Total current assets

1,547.2

1,605.7

Property, plant and equipment, net of accumulated depreciation of $447.0 and $430.2, respectively

276.3

269.8

Other assets

378.6

375.5

Goodwill

7,288.5

7,298.3

Other intangible assets, net

2,093.5

2,188.4

Total assets

$

11,584.1

$

11,737.7

LIABILITIES AND EQUITY

Current liabilities:

Current portion of long-term debt

$

899.8

$

899.5

Trade accounts payable

415.9

436.4

Accrued expenses and other current liabilities

869.6

910.7

Total current liabilities

2,185.3

2,246.6

Other long-term liabilities

718.1

723.5

Long-term debt

2,589.3

2,306.5

Equity:

Common stock: $0.01 par value, 2,000 shares authorized; 371.3 and 366.6 issued; 305.6 and 313.4 outstanding; respectively

3.7

3.7

Additional paid-in capital

4,225.7

4,210.0

Treasury shares, at cost

(3,734.3

)

(3,229.8

)

Retained earnings

5,546.5

5,428.5

Accumulated other comprehensive income (loss)

41.5

41.0

Total Fortive stockholders’ equity

6,083.1

6,453.4

Noncontrolling interests

8.3

7.7

Total stockholders’ equity

6,091.4

6,461.1

Total liabilities and equity

$

11,584.1

$

11,737.7

  This information is presented for reference only. A complete copy of Fortive’s Form 10-Q financial statements is available on the Company’s website (www.fortive.com).

  FORTIVE CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS

($ in millions)

(unaudited)

Three Months Ended

April 3, 2026

March 28, 2025

Cash flows from operating activities:

Net earnings

$

136.4

$

171.9

Less: net earnings from discontinued operations

—

(59.3

)

Net earnings from continuing operations

136.4

112.6

Adjustments to reconcile net earnings to net cash provided by operating activities:

Amortization

93.2

91.2

Depreciation

20.4

16.8

Stock-based compensation

21.3

23.4

Change in certain assets and liabilities:

Change in accounts receivable, net

34.8

25.9

Change in inventories

(14.8

)

(12.7

)

Change in trade accounts payable

(19.8

)

5.2

Change in prepaid expenses and other assets

(4.4

)

(15.4

)

Change in accrued expenses and other liabilities

(46.7

)

(55.2

)

Total operating cash provided by continuing operations

220.4

191.8

Total operating cash provided by discontinued operations

14.4

49.9

Net cash provided by operating activities

234.8

241.7

Cash flows from investing activities:

Purchases of property, plant and equipment

(26.6

)

(21.1

)

All other investing activities

(0.1

)

(1.0

)

Total investing cash used in continuing operations

(26.7

)

(22.1

)

Total investing cash used in discontinued operations

—

(4.1

)

Net cash used in investing activities

(26.7

)

(26.2

)

Cash flows from financing activities:

Net proceeds from commercial paper borrowings

591.7

80.7

Repurchase of common shares

(500.2

)

(202.6

)

Payment of dividends

(18.4

)

(27.2

)

Repayment of borrowings (maturities greater than 90 days)

(292.9

)

—

All other financing activities

(8.7

)

8.1

Total financing cash used in continuing operations

(228.5

)

(141.0

)

Total financing cash used in discontinued operations

—

—

Net cash used in financing activities

(228.5

)

(141.0

)

Effect of exchange rate changes on cash and equivalents

1.0

4.3

Net change in cash and equivalents

(19.4

)

78.8

Beginning balance of cash and equivalents

375.5

813.3

Ending balance of cash and equivalents

$

356.1

$

892.1

  This information is presented for reference only. A complete copy of Fortive’s Form 10-Q financial statements is available on the Company’s website (www.fortive.com).

FORTIVE CORPORATION AND SUBSIDIARIES
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
AND OTHER INFORMATION

Management believes that each of the non-GAAP financial measures described below provide useful information to investors by reflecting additional ways of viewing aspects of our operations that, when reconciled to the corresponding GAAP measure, help our investors to understand the long-term profitability trends of our business, and facilitate comparisons of our operational performance and profitability to prior and future periods and to our peers.

The information presented below reflect GAAP to non-GAAP reconciliations for the non-GAAP measures of Fortive on a continuing operations basis.

These non-GAAP measures should be considered in addition to, and not as a replacement for or superior to, the comparable GAAP measures, and may not be comparable to similarly titled measures reported by other companies.

Adjusted Net Earnings, Adjusted Diluted Net Earnings per Share, Adjusted EBITDA, and Adjusted EBITDA Margin

We disclose the consolidated non-GAAP measures of adjusted net earnings, adjusted diluted net earnings per share, and the non-GAAP measures of adjusted earnings before income taxes, interest, depreciation, and amortization (“adjusted EBITDA”), and adjusted EBITDA margin, which to the extent applicable, make the following adjustments to GAAP net earnings, and GAAP diluted net earnings per share:

Excluding on a pretax basis amortization of acquisition related intangible assets; Excluding on a pretax basis acquisition, divestiture, and Separation related items; Excluding on a pretax basis the costs incurred pursuant to discrete restructuring plans that are fundamentally different from ongoing productivity improvements in terms of the size, strategic nature, planning requirements and the inconsistent frequency of such plans as well as the associated macroeconomic drivers which underlie such plans (the “Discrete Restructuring Charges”); Excluding on a pretax basis the effect of foreign currency transaction gains and losses related to Euro-denominated debt; In addition to the adjustments noted above, with respect to the consolidated non-GAAP measures of adjusted EBITDA and adjusted EBITDA margin, we make the following adjustments to GAAP net earnings before income taxes:

Excluding on a pretax basis net interest expense; Excluding on a pretax basis depreciation expense; and Excluding income taxes. In addition to the adjustments noted above, with respect to the non-GAAP measures of adjusted net earnings and adjusted diluted net earnings per share, we make the following adjustments to GAAP net earnings and GAAP diluted net earnings per share:

Excluding the tax effect (to the extent tax deductible) of the pretax adjustments noted above. The tax effect of such adjustments was calculated by applying our overall estimated effective tax rate to the pretax amount of each adjustment (unless the nature of the item and/or the tax jurisdiction in which the item has been recorded requires application of a specific tax rate or tax treatment, in which case the tax effect of such item is estimated by applying such specific tax rate or tax treatment). We also disclose for each segment of Fortive, the non-GAAP measures of adjusted EBITDA and adjusted EBITDA margin, which to the extent applicable, make the following adjustments to GAAP operating profit for the corresponding segment, which is deemed to be the most comparable GAAP measure given interest and taxes are not incurred at the segment level:

Excluding on a pretax basis amortization of acquisition related intangible assets; Excluding on a pretax basis acquisition and divestiture related items; Excluding on a pretax basis Discrete Restructuring Charges; and Excluding on a pretax basis depreciation expense. Amortization of Acquisition Related Intangible Assets

As a result of our acquisition activity, we have significant amortization expense associated with definite-lived intangible assets. We adjust for amortization expense of acquisition related intangible assets incurred in each period, and impairment charges incurred, if any. We believe that this adjustment provides our investors with additional insight into our operational performance and profitability as such impacts are not related to our core business performance.

Acquisition, Divestiture, and Separation Related Items

While we have a history of acquisition and divestiture activity, we do not acquire and divest businesses or assets on a predictable cycle. The amount of an acquisition’s purchase price allocated to inventory fair value adjustments are unique to each acquisition and can vary significantly from acquisition to acquisition. In addition, transaction costs, which include acquisition, divestiture, integration, restructuring, and separation costs related to completed or announced transactions are unique to each transaction and are impacted from period to period depending on the number of acquisitions or divestitures evaluated, pending, or completed during such period, and the complexity of such transactions. We adjust for transaction costs, incremental costs related to the Separation, integration costs and corresponding restructuring charges related to acquisitions, in each case, incurred in a given period. Restructuring costs related to the Separation are not included in this adjustment but are instead included in Discrete Restructuring Costs.

Discrete Restructuring Costs

We will exclude costs incurred pursuant to discrete restructuring plans that are fundamentally different from the ongoing productivity improvements that result from application of the Fortive Business System or from execution of general cost saving strategies. These discrete restructuring plans differ in terms of the size, strategic nature and planning requirements, and are often triggered by significant macroeconomic shifts, significant divestitures such as the Separation, or material operational, economic or capital market disruptions. Because these restructuring plans will be incremental to the fundamental activities that arise in the ordinary course of our business and we believe are not indicative of our ongoing operating costs in a given period, we exclude these costs to facilitate a more consistent comparison of operating results over time. Restructuring costs related primarily to an acquisition as opposed to dispositions are not included in this adjustment but are instead included in acquisition related items. In the fourth quarter of 2024, we initiated a discrete restructuring plan related to the Separation that is expected to be completed by the second half of 2026.

Foreign Currency Transaction Gains and Losses Related to Euro-denominated Debt

We adjust for the effect of unrealized foreign currency transaction gains and losses on the remeasurement of Euro-denominated debt that are not designated as hedging instruments for accounting purpose. As the fluctuations in foreign currency exchange rates continue to remain volatile, we believe this adjustment facilitates comparison of our performance with prior and future periods and provides our investors with additional insight into our operational performance.

Core Revenue Growth

We use the term “core revenue growth” when referring to a corresponding year-over-year GAAP revenue measure, excluding (1) the impact from acquired or divested businesses and (2) the impact of foreign currency translation. References to sales attributable to acquisitions or acquired businesses refer to GAAP sales from acquired businesses recorded prior to the first anniversary of the acquisition less the amount of sales attributable to certain divested businesses or product lines that have been divested or, at the time of reporting, are pending divestiture but are not, and will not be, considered discontinued operations prior to the first anniversary of the divestiture. The portion of sales attributable to the impact of currency translation is calculated as the difference between (a) the period-to-period change in sales (excluding sales impact from acquired businesses) and (b) the period-to-period change in sales (excluding sales impact from acquired businesses) after applying the current period foreign exchange rates to the prior year period. This non-GAAP measure should be considered in addition to, and not as a replacement for or superior to, the comparable GAAP measure, and may not be comparable to similarly titled measures reported by other companies.

Management believes that this non-GAAP measure provides useful information to investors by helping identify underlying growth trends in our business and facilitating comparisons of our revenue performance with prior and future periods and to our peers. We exclude the effect of acquisition and divestiture-related items because the nature, size and number of such transactions can vary dramatically from period to period and between us and our peers. We exclude the effect of currency translation from sales measures because currency translation is not under management’s control and is subject to volatility. We believe that such exclusions, when presented with the corresponding GAAP measures, may assist in assessing the business trends and making comparisons of long-term performance.

Free Cash Flow

We use the term “free cash flow” when referring to net cash provided by operating activities calculated according to GAAP less payments for capital expenditures.

Management believes that such non-GAAP measure provides useful information to investors in assessing our ability to generate cash without external financing, fund acquisitions and other investments and, in the absence of refinancing, repay our debt obligations. However, it should be noted that free cash flow as a liquidity measure has material limitations because it excludes certain expenditures that are required or that we have committed to, such as debt service requirements and other non-discretionary expenditures. Such non-GAAP measure should be considered in addition to, and not as a replacement for or superior to, the comparable GAAP measure, and may not be comparable to similarly titled measures reported by other companies.

Core Revenue Growth (unaudited)

Three Months Ended

April 3, 2026

Intelligent Operating Solutions

Advanced Healthcare Solutions

Total Fortive

Total Revenue Growth (GAAP)

7.6 %

7.9 %

7.7 %

Excluding impact of:

Acquisitions and divestitures

0.1 %

— %

— %

Currency exchange rates

(2.5)%

(2.1)%

(2.4)%

Core Revenue Growth (Non-GAAP)

5.2 %

5.8 %

5.3 %

  Adjusted EBITDA and Adjusted EBITDA Margin from Continuing Operations (unaudited)

Three Months Ended

$ in millions

April 3, 2026

March 28, 2025

Revenue (GAAP)

$

1,069.4

$

993.1

Net Earnings from Continuing Operations (GAAP)

$

136.4

$

112.6

Interest expense, net

31.6

32.0

Income taxes

27.2

21.1

Depreciation

20.4

16.8

Amortization

93.2

91.2

EBITDA (Non-GAAP)

308.8

273.7

Pretax acquisition, divestiture, and Separation related items (a)

1.9

—

Pretax discrete restructuring charges

6.3

3.4

Pretax foreign currency transaction (gains) and losses related to Euro-denominated debt

(3.3

)

—

Adjusted EBITDA (Non-GAAP)

$

313.7

$

277.1

Net Earnings Margin from Continuing Operations (GAAP)

12.8 %

11.3 %

Adjusted EBITDA Margin (Non-GAAP)

29.3 %

27.9 %

(a) Includes pretax transaction costs, integration costs, corresponding restructuring charges related to acquisitions, and certain Separation-related costs recorded in Net earnings from continuing operations.

Segment Adjusted EBITDA, Segment Adjusted EBITDA Margin (unaudited)

Three Months Ended April 3, 2026

Three Months Ended March 28, 2025

$ in millions

Intelligent Operating Solutions

Advanced Healthcare Solutions

Intelligent Operating Solutions

Advanced Healthcare Solutions

Revenue (GAAP)

$

743.2

$

326.2

$

690.9

$

302.2

Operating Profit (GAAP)

$

186.2

$

32.7

$

174.6

$

21.7

Amortization of acquisition-related intangible assets

47.7

45.5

46.6

44.6

Acquisition, divestiture, and Separation related items (a)

0.5

—

—

—

Discrete restructuring charges

6.0

0.3

3.4

—

Adjusted Operating Profit (Non-GAAP)

240.4

78.5

224.6

66.3

Depreciation

14.7

5.3

11.6

4.9

Adjusted EBITDA (Non-GAAP)

$

255.1

$

83.8

$

236.2

$

71.2

Operating Profit Margin (GAAP)

25.1

%

10.0

%

25.3

%

7.2

%

Adjusted Operating Profit Margin (Non-GAAP)

32.3

%

24.1

%

32.5

%

21.9

%

Adjusted EBITDA Margin (Non-GAAP)

34.3

%

25.7

%

34.2

%

23.6

%

(a) Includes pretax transaction costs, integration costs, corresponding restructuring charges related to acquisitions, and certain Separation-related costs recorded in Operating profit.

Adjusted Net Earnings and Adjusted Diluted Net Earnings Per Share from Continuing Operations (unaudited)

Three Months Ended

($ in millions, except per share amounts)

April 3, 2026

March 28, 2025

Per share values

Per share values

Net Earnings and Net Earnings Per Share from Continuing Operations (GAAP)

$

136.4

$

0.44

$

112.6

$

0.33

Pretax amortization of acquisition related intangible assets

93.2

0.30

91.2

0.26

Pretax acquisition, divestiture, and Separation related items (a)

1.9

0.01

—

—

Pretax discrete restructuring charges

6.3

0.02

3.4

0.01

Pretax foreign currency transaction (gains) and losses related to Euro-denominated debt

(3.3

)

(0.01

)

—

—

Tax effect of the adjustments reflected above

(17.0

)

(0.06

)

(16.1

)

(0.05

)

Adjusted Net Earnings and Adjusted Net Earnings Per Share from Continuing Operations (Non-GAAP)

$

217.5

$

0.70

$

191.1

$

0.55

Average Common Diluted Stock Outstanding (shares in millions)

312.8

344.6

(a) Includes pretax transaction costs, integration costs, corresponding restructuring charges related to acquisitions, and certain Separation-related costs recorded in Net earnings from continuing operations.

Percentages presented elsewhere may not recalculate based on the amounts shown due to rounding.

Free Cash Flow from Continuing Operations - Trailing Twelve Months (unaudited)

Three Months Ended

Trailing Twelve
Months

($ in millions)

April 3, 2026

December 31, 2025

September 26, 2025

June 27, 2025

Operating Cash Flows from Continuing Operations (GAAP)

$

220.4

$

344.2

$

294.7

$

205.0

$

1,064.3

Less: Purchases of property, plant & equipment (capital expenditures) (GAAP)

(26.6

)

(30.4

)

(28.6

)

(25.0

)

(110.6

)

Free Cash Flow (Non-GAAP)

$

193.8

$

313.8

$

266.1

$

180.0

$

953.7

Three Months Ended

Trailing Twelve
Months

($ in millions)

March 28, 2025

December 31, 2024

September 27, 2024

June 28, 2024

Operating Cash Flows from Continuing Operations (GAAP)

$

191.8

$

327.7

$

304.7

$

217.5

$

1,041.7

Less: Purchases of property, plant & equipment (capital expenditures) (GAAP)

(21.1

)

(22.6

)

(21.6

)

(19.6

)

(84.9

)

Free Cash Flow (Non-GAAP)

$

170.7

$

305.1

$

283.1

$

197.9

$

956.8

Key Takeaways Fortive reported Q1 EPS of 70 cents, beating estimates and rising 25.4% year over year.FTV revenues rose 7.7% to $1.07B, driven by strength across both operating segments.FTV saw margin expansion and continued buybacks, with $1.8B repurchased since strategy launch. Fortive Corporation (FTV - Free Report) reported first-quarter 2026 adjusted earnings per share (EPS) of 70 cents from continuing operations, which surpassed the Zacks Consensus Estimate of 64 cents. The bottom line increased 25.4% year over year.

Revenues increased 7.7% year over year to $1069.4 million. The top line beat the Zacks Consensus Estimate by 3.8%. Core revenues jumped 5.3%.

After the announcement, Fortive’s shares jumped around 1.5% in the pre-market trading session today. The stock has gained 24.2% in the past year compared with the Zacks Electronics - Testing Equipment industry's growth of 35.1%.

Image Source: Zacks Investment Research

Management stated that the company’s strong performance reflects robust demand for its market-leading products, steady progress in executing the Fortive Accelerated strategy and a continued focus on financial discipline supported by the operational rigor of the Fortive Business System (FBS). It added that the company remained committed to disciplined capital allocation, completing approximately $500 million in additional share repurchases during the quarter, bringing total buybacks to around $1.8 billion over the three quarters since the launch of the new Fortive.

Top Line in DetailFortive operates under the following two organized segments:

Intelligent Operating Solutions: The segment generated revenues of $743.2 million (contributing 69.5% to total revenues), which increased 7.6% on a year-over-year basis.

Advanced Healthcare Solutions: This segment registered revenues of $326.2 million (30.5%), up 7.9% year over year.

Operating DetailsIn the reported quarter, adjusted gross profit increased 5.8% to $676.3 million on a year-over-year basis.

Adjusted operating margin was 27.4%, which expanded 120 basis points (bps) on a year-over-year basis.

Segment-wise, the adjusted operating margins of Intelligent Operating Solutions were 32.3%, contracting 20 bps year over year.

Adjusted operating margins of Advanced Healthcare Solutions were 24.1%, up 220 bps.

Balance Sheet & Cash FlowAs of April 3, 2026, cash and cash equivalents were $356.1 million compared with $375.5 million as of Dec. 31, 2025.

FTV generated an operating cash flow of $220.4 million for the first quarter compared with $344.2 million in the previous quarter. Non-GAAP free cash flow was $193.8 million compared with $313.8 million in the prior quarter.

Fortive’s OutlookFor full-year 2026, Fortive still expects adjusted earnings per share in the range of $2.90-$3.00.

Management highlighted that it is currently trending toward the upper half of its guidance. Management expressed confidence in the early progress made across the three pillars of its Fortive Accelerated strategy, driving profitable organic growth through FBS Amplified, maintaining disciplined capital allocation with a focus on achieving the best relative returns, and reinforcing its commitment to building and sustaining investor trust. The company remains firmly on track to meet its medium-term financial framework, and the progress achieved so far strengthens its optimism about the meaningful shareholder value creation opportunity.

Zacks Rank

Currently, Fortive has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Recent Performance of Other FirmsBadger Meter, Inc. (BMI - Free Report) reported EPS of 93 cents for first-quarter 2026, which missed the Zacks Consensus Estimate by 22.5%. The bottom line compared unfavorably with the year-ago quarter’s EPS of $1.30.

Quarterly net sales were $202.3 million, down 9% from $222.2 million in the year-ago quarter due to delayed project deployments and weaker-than-expected short-cycle order activity. The Zacks Consensus Estimate was pegged at $230.1 million.

SAP SE (SAP - Free Report) reported first-quarter 2026 non-IFRS EPS of €1.72 ($2.01), which increased 20% from the year-ago quarter. The Zacks Consensus Estimate was pegged at $1.92.

Driven by momentum in the cloud business, SAP reported total revenues on a non-IFRS basis of €9.56 billion ($11.2 billion), which increased 6% year over year (up 12% at constant currency or cc). The Zacks Consensus Estimate was pegged at $11.3 billion.

Sensata Technologies Holding plc (ST - Free Report) reported first-quarter 2026 adjusted EPS of 86 cents, up from 78 cents a year ago. The bottom line beat the Zacks Consensus Estimate by 2.4%.

Revenues for the quarter reached $934.8 million, up 2.6% from a year ago. The figure came near to the upper end of management’s expectations ($917-$937 million) and beat the consensus estimate by 0.7%. Strength Aerospace, Defense and Commercial Equipment segments drove the top-line performance.

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors approved an increase in the number of shares of Fortive’s common stock authorized under its general share repurchase program (the “General Share Repurchase Program”), with the total number of shares remaining available for repurchase under the General Share Repurchase Program following such increase equal to 20 million shares, including shares that were available prior to such increase.

The shares available for repurchase under the General Share Repurchase Program are in addition to approximately $66.7 million available under the $550 million special purpose share repurchase program previously adopted by Fortive’s Board of Directors under which Fortive may repurchase shares of Fortive common stock exclusively from the proceeds of the cash dividend and any other cash received by Fortive from Ralliant Corporation in connection with the separation of Ralliant completed on June 28, 2025.

Under the share repurchase programs, Fortive may purchase its common stock on a discretionary basis from time to time on the open market or in privately negotiated transactions, including through the use of trading plans that satisfy the conditions of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with the requirements of the Securities and Exchange Commission.

The timing and amount of common stock repurchases made under the share repurchase programs will be determined by Fortive’s management based on its evaluation of market conditions and other factors. The repurchase programs have no expiration date and do not obligate Fortive to acquire any particular amount of shares, and may be suspended or discontinued at any time.

FORWARD-LOOKING STATEMENTS

Statements in this release that are not strictly historical, including statements regarding the expected future timing of any dividend payments and the Company's expectations on paying dividends at any level in the future, Fortive’s plans with respect to share repurchases, ability to deliver shareholder value or return, and future financial performance and any other statements identified by their use of words like “anticipate,” “expect,” “believe,” “outlook,” “guidance,” or “will” or other words of similar meaning are “forward-looking statements” within the meaning of the federal securities laws. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the possibility that the share repurchase program may be suspended or discontinued, deterioration of or instability in the economy, the markets we serve, international trade policies and deteriorating trade relations with other countries, including imposition of tariffs and retaliatory tariffs between the United States and China and other countries, responsive economic nationalism, trade restrictions, and enhanced regulation, impact of any prolonged government shutdown, the financial markets, geopolitical conditions and conflicts including in the Middle East and in Ukraine, security breaches, data exfiltration, or other disruptions of our information technology systems, supply chain constraints, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole sources of supply, contractions or lower growth rates and cyclicality of markets we serve, competition, changes in industry standards and governmental regulations, our ability to manage leadership transitions and recruit and retain key employees, our ability to successfully identify, consummate, integrate and realize the anticipated value of appropriate acquisitions or otherwise effectively deploy our capital, our ability to develop and successfully market new products, software, and services and expand into new markets, the potential for improper conduct by our employees, agents or business partners, contingent liabilities relating to acquisitions and divestitures, impact of changes to tax laws, our compliance with applicable laws and regulations and changes in applicable laws and regulations, risks relating to international economic, geopolitical, including war and sanctions, legal, compliance and business factors, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, the impact of our debt obligations on our operations, litigation and other contingent liabilities including intellectual property and environmental, health and safety matters, our ability to adequately protect our intellectual property rights, risks relating to product, service or software defects, product liability and recalls, risks relating to product manufacturing, our relationships with and the performance of our channel partners, commodity costs and surcharges, adverse effects of restructuring activities, our separation into two independent, publicly-traded companies, risk related to tax treatment of our prior separations, impact of our indemnification obligation to Ralliant and Vontier, impact of changes to U.S. GAAP, labor matters, and disruptions relating to man-made and natural disasters and climate change. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Reports on Form 10-Q for the subsequent quarters. These forward-looking statements speak only as of the date of this press release, and Fortive does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise.

ABOUT FORTIVE

Fortive innovates essential technologies to keep our world safe and productive. Fortive’s strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. The company’s businesses design, develop, manufacture, and market products, software, and services, building on leading brand names, innovative technologies, and strong market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 10,000 research and development, manufacturing, sales, distribution, service, and administrative team members in approximately 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: www.fortive.com.

As one in five charging stations sits offline, Fluke’s new FEV500 acts as a “virtual EV,” combining safety, communication, and interoperability checks in one tool - bringing data-driven reliability to the world’s fastest-growing charging segment May 12, 2026 08:30 ET  | Source: Fluke Corporation

Everett, Washington, May 12, 2026 (GLOBE NEWSWIRE) -- Fluke Corporation today announced the launch of the Fluke FEV500, an all-in-one testing solution designed specifically for fast DC Level 3 EV charging stations. Unlike traditional AC chargers, these high-powered stations operate at extreme energy levels and rely on complex digital communication protocols, making safety, reliability, and uptime critical concerns for operators.

The FEV500 acts like a virtual electric vehicle, enabling technicians in the field to quickly perform comprehensive safety and operability tests on-site without the cost, complexity, or uncertainty of using an actual EV, helping ensure charging stations remain safe and importantly fully operational.

“With the FEV500, Fluke is redefining how fast DC EV charging stations are tested and maintained,” said Theo Brillhart, Technology Director, R&D at Fluke Corporation. “Fast DC charging is the backbone of the EV transition but the truth is, reliability is still the industry’s weakest link. We built the FEV500 to close that gap. It replaces uncertainty with insight and turns testing from a bottleneck into a competitive advantage. If the EV industry wants to scale, it starts with trust and trust starts with reliability.

One in five charging stations in the U.S. is not operational*, indicating an urgent need to improve the nation’s charging network. For fleet operators, downtime can be costly, and for consumers, reliability is critical. The FEV500 makes testing more efficient by replacing the need for multiple tools – including a digital multimeter, insulation tester, and oscilloscope – while also providing technicians with guided instructions on critical testing criteria.

Key features of the FEV500 include:

One-Tool Testing: The tool combines performance, interoperability, and safety checks in a single device. The FEV500 is designed to meet ISO 15118 and DIN SPEC70121 international standards for digital communication between electric vehicles and electric vehicle supply equipment. EV Simulation: The FEV500 tests the charging infrastructure without requiring an external power source. It can also simulate real-world charging and communication scenarios to validate interoperability and performance. Best Practice Standardization: The tool provides actionable data for regulatory compliance, maintenance planning, and performance forecasting. It delivers fast PASS/FAIL results with guided workflows, so technicians have access to best practices for commissioning, maintaining, and troubleshooting a fast DC station without the need for advanced training.User-Friendly Interface: Technicians can avoid the need for manual input, as the tool has an intuitive auto-test feature, and test data is input directly to the device. The FEV500 is also portable and provides clear guidance on what to test, even for complex fast DC stations. Time-Saving: Fleet operators and technicians can troubleshoot without needing to open the charging station, avoiding costly downtime. All tests can be conducted through a single connection point, with no disassembly required. Built for field service technicians who are constantly on the move, the FEV500 features a rugged wheeled chassis for easy transport between depots and sites, along with a removable battery that makes it convenient for air travel. Backed by Fluke’s trusted accuracy, the FEV500’s dependable insights give commercial and fleet teams the confidence to keep EV stations running and able to power an always-on, energy-driven world.

For more information and to purchase the FEV500, please visit Fluke FEV500 Fast DC EV Charging Station Analyzer .

About Fluke
As the world leader in test and measurement equipment, software, and service, Fluke is committed to advancing sustainability at a global level. Growth in renewable energy industries requires precision measurement, quality control, and reporting capabilities for installation, maintenance, and service. Every day, Fluke customers stake their reputations on Fluke tools—it’s why they depend on Fluke’s reliability, accuracy, and commitment to help them extend their skills and professionalism.

# # #

* Harvard Business School: The state of EV charging in America

FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website.

New Fluke FEV500 Redefines Testing for Fast DC Electric Vehicle Chargers, Eliminating Costly Downtime New Fluke FEV500 Redefines Testing for Fast DC Electric Vehicle Chargers, Eliminating Costly Downtime

New Fluke FEV500 Redefines Testing for Fast DC Electric Vehicle Chargers, Eliminating Costly Downtim... Fluke’s new FEV500 acts as a “virtual EV,” combining safety, communication, and interoperability che... New Fluke FEV500 Redefines Testing for Fast DC Electric Vehicle Chargers, Eliminating Costly Downtim... Fluke’s new FEV500 acts as a “virtual EV,” combining safety, communication, and interoperability che...

Contact Data Dave Smith Fluke Corporation [email protected]

Fortive Corporation (FTV) Presents at Wolfe Research 19th Annual Global Transportation & Industrials Conference Transcript