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Fortive Corp (FTV) company profile

FTVNYSEIndustrial Instruments For Measurement, Display, and ControlFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Oct 2, 2026Last filing: 10-Q on Oct 28, 2026Score 14/3010% below fair value
$67.85−0.04 (-0.06%)

Close on Nov 12, 2026Market cap $20.20BP/E 32.3Yield –

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
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
IPO date
Jul 5, 2016
Shares outstanding
298M, Oct 23, 2026
Public float
$18.20B, Jun 27, 2025
Filer category
Large accelerated filer
SEC CIK
1659166
CUSIP
34959J108
ISIN
US34959J1088
FIGI
BBG00BLVZ228
Share class FIGI
BBG00BLVZ237
LEI
549300MU9YQJYHDQEF63
EIN
00-0000000

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Olumide SoroyePresident & CEO, Director254,186
James A. LicoPresident and CEO, Director503,168
Christopher M. MulhallVP - Chief Accounting Officer74,103
Peter C. UnderwoodSVP - Chief Legal Officer79,118
Amee DesjourdySVP - Chief People Officer49,670
Mark D. OkerstromSVP - Chief Financial Officer138,581
Jonathan L. SchwarzSVP - Strategic & Corp Dev90,238
Stacey A. WalkerSVP - Chief People Officer59,488
Tamara S. NewcombePresident & CEO of PT126,291
Edward Read SimmonsSVP - Strategy48,651
Charles E. McLaughlinSVP - Chief Financial Officer73,487
Wright Lassiter IIIDirector25,766
Sue MainDirector–
Kate MitchellDirector39,385
Gregory J. MooreDirector5,470
Daniel L. ComasDirector54,918
Rejji P. HayesDirector34,326
Sharmistha DubeyDirector34,590
Jeannine P. SargentDirector27,754
Eric BranderizDirector11,995

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Mr Lico
$10.50M$7.83M$7.14M$106$190
FY2025
Mr Soroye
$14.41M$11.29M$7.14M$106$190
FY2024$18.31M$11.86M$6.56M$108$159
FY2023$17.66M$25.32M$6.10M$105$135
FY2022$16.61M$5.41M$4.78M$91$114
FY2021$16.60M$20.78M$6.67M$108$121

“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.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsOption awardsIncentive payOtherTotalvs. prior year
Olumide O. Soroye
President and Chief Executive Officer
$931.73K–$8.20M$3.71M$1.36M$212.54K$14.41M+79%
Mark D. Okerstrom
Senior Vice President, Chief Financial Officer
$600.00K$1.25M$13.66M$4.70M$1.04M$163.00K$21.41M–
Peter C. Underwood
Senior Vice President, Chief Legal Officer
$630.00K–$2.83M$943.55K$570.40K$115.83K$5.09M–
Stacey A. Walker
Former Senior Vice President, Chief People Officer
$625.00K–$3.05M$1.02M$577.13K$173.41K$5.44M+32%
Jonathan L. Schwarz
Former Senior Vice President, Strategic and Corporate Development
$625.00K–$2.18M$725.97K$507.88K$369.78K$4.41M–
James A. Lico
Former President and Chief Executive Officer
$1.25M–$5.66M$1.89M$1.16M$535.39K$10.50M-43%
Charles E. McLaughlin
Former Senior Vice President, Chief Financial Officer
$394.62K–––$477.20K$244.29K$1.12M-84%
Tamara Newcombe
Former President and CEO, Precision Technologies
$436.54K–$2.18M$2.61M–$161.08K$5.40M-21%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

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

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