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Fortive (LTS:0IRE) Book to Bill Ratio : 0.00 (As of . 20)


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What is Fortive Book to Bill Ratio?

Book to Bill Ratio is the ratio of orders received to units billed for a specified period.

The historical rank and industry rank for Fortive's Book to Bill Ratio or its related term are showing as below:

LTS:0IRE's Book to Bill Ratio is not ranked *
in the Hardware industry.
Industry Median:
* Ranked among companies with meaningful Book to Bill Ratio only.

Fortive Book to Bill Ratio Historical Data

The historical data trend for Fortive's Book to Bill Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortive Book to Bill Ratio Chart


Fortive  (LTS:0IRE) Book to Bill Ratio Calculation

Book to Bill Ratio is calculated as

Book to Bill Ratio=Orders Received / Orders Shipped

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortive  (LTS:0IRE) Book to Bill Ratio Explanation

The book-to-bill ratio is the ratio of orders received to units shipped and billed for a specified period, generally a month or quarter. It is a widely used metric in the technology industry, specifically in the semiconductor equipment sector. The book-to-bill ratio reveals how quickly a business fulfills the demand for its products.

Investors and analysts closely watch this ratio for an indication of the performance and outlook for individual companies and the technology sector as a whole. A ratio above 1.0 implies more orders were received than filled, indicating strong demand, while a ratio below 1.0 implies weaker demand.

Fortive Book to Bill Ratio Related Terms

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Fortive (LTS:0IRE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fortive Corp (LTS:0IRE) » Definitions » Book to Bill Ratio
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Address
6920 Seaway Boulevard, Everett, WA, USA, 98203
Website
https://www.fortive.com
Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $5.8 billion in revenue and $1.4 billion in adjusted operating income in 2022.

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