This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
The historical rank and industry rank for Fortive's 3-Year Average Share Buyback Ratio or its related term are showing as below:
FTV'
s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -2.4 Med: 0.45 Max: 1
Current: -2.4
During the past years, Fortive's highest 3-Year Average Share Buyback Ratio was 1.00. The lowest was -2.40. And the median was 0.45.
FTV's 3-Year Average Share Buyback Ratio is ranked better than 51.5% of 1563
companies
in the Hardware industry
Industry Median: -2.60
vs FTV: -2.40
Fortive 3-Year Average Share Buyback Ratio Historical Data
The historical data trend for Fortive's 3-Year Average Share Buyback 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 Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
3-Year Average Share Buyback Ratio
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Fortive Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
3-Year Average Share Buyback Ratio
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Competitive Comparison
For the Scientific & Technical Instruments subindustry, Fortive's 3-Year Average Share Buyback Ratio, along with its competitors' market caps and 3-Year Average Share Buyback Ratio 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 Average Share Buyback Ratio Distribution
For the Hardware industry and Technology sector, Fortive's 3-Year Average Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Fortive's 3-Year Average Share Buyback Ratio falls into.
Fortive 3-Year Average Share Buyback Ratio Calculation
This is the average share buyback rate of the company over the past 3 years.
Fortive (NYSE:FTV) 3-Year Average Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Fortive 3-Year Average Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Fortive's 3-Year Average Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Fortive Corp 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.
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