GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fortive Corp (NYSE:FTV) » Definitions » Price-to-Free-Cash-Flow

Fortive (Fortive) Price-to-Free-Cash-Flow : 19.64 (As of Jun. 19, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Fortive Price-to-Free-Cash-Flow?

As of today (2024-06-19), Fortive's share price is $73.31. Fortive's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $3.73. Hence, Fortive's Price-to-Free-Cash-Flow Ratio for today is 19.64.

The historical rank and industry rank for Fortive's Price-to-Free-Cash-Flow or its related term are showing as below:

FTV' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 10.83   Med: 19.64   Max: 31.29
Current: 19.64

During the past 12 years, Fortive's highest Price-to-Free-Cash-Flow Ratio was 31.29. The lowest was 10.83. And the median was 19.64.

FTV's Price-to-Free-Cash-Flow is ranked worse than
52.39% of 1399 companies
in the Hardware industry
Industry Median: 18.34 vs FTV: 19.64

Fortive's Free Cash Flow per Share for the three months ended in Mar. 2024 was $0.65. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $3.73.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Fortive was 15.10% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -2.60% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -2.00% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 2.90% per year.

During the past 12 years, Fortive's highest 3-Year average Free Cash Flow per Share Growth Rate was 12.20% per year. The lowest was -10.70% per year. And the median was 2.50% per year.


Fortive Price-to-Free-Cash-Flow Historical Data

The historical data trend for Fortive's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Fortive Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.14 18.68 29.50 19.20 21.02

Fortive Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.02 22.52 20.96 21.02 23.04

Competitive Comparison of Fortive's Price-to-Free-Cash-Flow

For the Scientific & Technical Instruments subindustry, Fortive's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortive's Price-to-Free-Cash-Flow Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fortive's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Fortive's Price-to-Free-Cash-Flow falls into.



Fortive Price-to-Free-Cash-Flow Calculation

Fortive's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=73.31/3.733
=19.64

Fortive's Share Price of today is $73.31.
Fortive's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.73.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Fortive  (NYSE:FTV) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Fortive Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Fortive's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortive (Fortive) Business Description

Industry
Traded in Other Exchanges
Address
6920 Seaway Boulevard, Everett, WA, USA, 98203
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.
Executives
Charles E Mclaughlin officer: SVP - Chief Financial Officer C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Patrick K Murphy officer: Senior Vice President C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Christopher M. Mulhall officer: VP - Chief Accounting Officer C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Stacey A. Walker officer: SVP - Human Resources C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Eric Branderiz director 915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453
Alan G Spoon director, other: Chairman 1150 15TH ST NW, WASHINGTON DC 20071
Tamara S. Newcombe officer: President & CEO of PT 6920 SEAWAY BLVD., EVERETT WA 98203
Wright Iii Lassiter director 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094
Barbara B. Hulit officer: Senior Vice President C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Jonathan L Schwarz officer: VP-Corporate Development C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
James A Lico officer: President, CEO and Secretary
Peter C Underwood officer: SVP-General Counsel/Secretary 200 STATE STREET, BELOIT WI 53511
Olumide Soroye officer: President & CEO of IOS 6920 SEAWAY BLVD., EVERETT WA 98203
Steven M Rales director 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
William W Pringle officer: Senior Vice President C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203

Fortive (Fortive) Headlines