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Fortive (NYSE:FTV) 3-Year ROIIC %

: -44.55% (As of Dec. 2022)
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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Fortive's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was -44.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Fortive's 3-Year ROIIC % or its related term are showing as below:

FTV's 3-Year ROIIC % is ranked worse than
86.25% of 2363 companies
in the Hardware industry
Industry Median: 6.37 vs FTV: -44.55

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Fortive's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % Distribution

For the Hardware industry and Technology sector, Fortive's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Fortive's 3-Year ROIIC % falls in comparison to its industry or sector. The grey bar indicates the 3-Year ROIIC %'s extreme value range as defined by GuruFocus.



Fortive 3-Year ROIIC % Calculation

Fortive's 3-Year ROIIC % for the quarter that ended in is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)/3-Year Incremental Invested Capital
=( 869.18238 (Dec. 2022) - 353.47757 (Dec. 2019) )/( 15517.7 (Dec. 2022) - 16675.3 (Dec. 2019) )
=515.70481/-1157.6
=-44.55 %

* 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.

Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.


Fortive  (NYSE:FTV) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Fortive 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Fortive's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortive (NYSE:FTV) Business Description

Fortive logo
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 $5.3 billion in revenue and $1.2 billion in adjusted operating income in 2021.
Executives
Eric Branderiz director 915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453
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
Olumide Soroye officer: President & CEO of IOS 6920 SEAWAY BLVD., EVERETT WA 98203
Edward Read Simmons officer: SVP - Strategy 6920 SEAWAY BLVD, EVERETT WA 98203
Rejji P Hayes director ONE ENERGY PLAZA, JACKSON MI 49201
Sharmistha Dubey director 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Christopher M. Mulhall officer: VP - Chief Accounting Officer C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Jeannine P Sargent director C/O VEECO INSTRUMENTS INC., 100 SUNNYSIDE BOULEVARD SUITE B, WOODBURY NY 11797
Barbara B. Hulit officer: Senior Vice President C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Emily A. Weaver officer: VP-Chief Accounting Officer C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
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
Jonathan L Schwarz officer: VP-Corporate Development C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
William W Pringle officer: Senior Vice President C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203

Fortive (NYSE:FTV) Headlines

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