Fortive Corp
Close on Oct 19, 2026
- Market cap
- $17.98B
- P/E (TTM)
- 34.4
- Dividend yield
- –
About Fortive
Industrial Instruments For Measurement, Display, and Control, SIC 3823
Fortive Corporation designs, manufactures, and markets professional instruments, software, and critical workflow solutions across two primary operating segments: Intelligent Operating Solutions and Advanced Healthcare Solutions. The Intelligent Operating Solutions division provides condition monitoring, repair, safety compliance, and facility lifecycle management tools. Advanced Healthcare Solutions provides sterilization products, instrument tracking systems, biomedical testing equipment, radiation monitoring devices, and clinical productivity applications. Its customers span tens of thousands of organizations and professionals, including electrical and network technicians, facility managers, health and safety personnel, first responders, healthcare providers, and various industrial manufacturing clients.
The company operates worldwide, maintaining a workforce of more than 10,000 research, development, manufacturing, sales, distribution, service, and administrative personnel across approximately 50 countries. Its primary markets outside the United States are located in Europe and Asia. Fortive Corporation is organized under Delaware law and maintains its corporate headquarters in Everett, Washington.
Summary of the business section of Fortive's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Fortive Corp
- Founded
- 2015
- Headquarters
- Everett, WA
- Address
- 6920 Seaway Blvd. 98203
- Phone
- (425) 446-5000
- Website
- fortive.com
- Employees
- 10,000, Dec 31, 2025
- Industry
- Industrial Instruments For Measurement, Display, and Control
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Seattle, Washington
Stock & identifiers
- Ticker
- FTV
- Exchange
- NYSE
- Shares outstanding
- 302M, Jul 24, 2026
- Public float
- $18.20B, Jun 27, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1659166
- CUSIP
- 34959J108
- ISIN
- US34959J1088
- LEI
- 549300MU9YQJYHDQEF63
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Olumide Soroye | President & CEO, Director | 254,186 |
| James A. Lico | President and CEO, Director | 503,168 |
| Mark D. Okerstrom | SVP - Chief Financial Officer | 138,581 |
| Peter C. Underwood | SVP - Chief Legal Officer | 79,118 |
| Amee Desjourdy | SVP - Chief People Officer | 49,670 |
| Christopher M. Mulhall | VP - Chief Accounting Officer | 86,178 |
| Jonathan L. Schwarz | SVP - Strategic & Corp Dev | 90,238 |
| Stacey A. Walker | SVP - Chief People Officer | 59,488 |
| Tamara S. Newcombe | President & CEO of PT | 126,291 |
| Edward Read Simmons | SVP - Strategy | 48,651 |
| Charles E. McLaughlin | SVP - Chief Financial Officer | 73,487 |
| Wright Lassiter III | Director | 25,766 |
| Sue Main | Director | – |
| Kate Mitchell | Director | 39,385 |
| Gregory J. Moore | Director | 5,470 |
| Daniel L. Comas | Director | 54,918 |
| Rejji P. Hayes | Director | 34,326 |
| Sharmistha Dubey | Director | 34,590 |
| Jeannine P. Sargent | Director | 27,754 |
| Eric Branderiz | Director | 11,995 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr Lico | $10.50M | $7.83M | $7.14M | $106 | $190 |
| FY2025 Mr Soroye | $14.41M | $11.29M | $7.14M | $106 | $190 |
| FY2024 Mr Lico | $18.31M | $11.86M | $6.56M | $108 | $159 |
| FY2024 Mr. Lico | $18.31M | $11.86M | $6.56M | $108 | $159 |
| FY2023 Mr Lico | $17.66M | $25.32M | $6.10M | $105 | $135 |
| FY2023 Mr. Lico | $17.66M | $25.32M | $6.10M | $105 | $135 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“Our Fortive team of over 10,000 people around the world are united by a powerful purpose: innovating essential technologies to keep our world safe and productive.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 13, 2026 | Delisting | Notice of delisting from exchange (Form 25) |
| Jun 30, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 15, 2024 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jul 2, 2021 | Delisting | Notice of delisting from exchange (Form 25) |
| Oct 13, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 7, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 1, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 4, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 29, 2018 | Listing | Registration of securities on an exchange (Form 8-A) |
| Sep 20, 2017 | Tender offer | Third-party tender offer for the company's shares |
| May 5, 2017 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Dec 3, 2015 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |