Fortive Corporation FTV

FTV Company Overview

Fortive Corporation (NYSE: FTV) is a diversified industrial technology company that develops, manufactures, and services professional and engineered products, software, and connected workflow solutions for industrial, healthcare, utility, safety, and facility-management markets. The company operates primarily in the fields of instrumentation, sensing technologies, intelligent operating software, workplace safety, healthcare productivity, and electrical testing and compliance. Fortive was formed in 2016 as a spin-off from Danaher Corporation and has since expanded through acquisitions and internal product development across industrial technology and software-enabled workflow businesses.

Fortive’s primary revenue drivers include recurring software and service revenues, instrumentation and calibration equipment sales, connected industrial technologies, and healthcare workflow solutions. Its customer base includes industrial manufacturers, utilities, hospitals, facility operators, telecommunications providers, and government entities. The company is known for applying the “Fortive Business System,” derived from lean manufacturing and continuous-improvement principles originally associated with Danaher. This operating approach is considered a strategic differentiator in driving operational efficiency, margin expansion, and acquisition integration across its portfolio.