Fortive Corp.
- FTV · NYSE
- Industrial Instruments For Measurement, Display, and Control
- Everett, WA
- 10,000 employees
- CIK 0001659166
Updated from SEC filings through
Top things to know
Executives
- Olumide Soroye President and CEO 8-K, 2026-10-28
- Mark D. Okerstrom SVP - Chief Financial Officer 4, 2026-09-28
-
Amee Desjourdy SVP - Chief People Officer 4, 2026-09-28 -
Peter C. Underwood SVP - Chief Legal Officer 4, 2026-09-28 - Christopher M. Mulhall VP - Chief Accounting Officer 4, 2026-09-28
- Stacey A. Walker SVP - Chief People Officer 4, 2025-12-30
What leadership is saying
“Q3 was another quarter of strong and accelerating performance for Fortive. We delivered over 7% core growth, approximately 10% adjusted EBITDA growth, and 13% adjusted EPS growth, representing our fifth consecutive quarter of double-digit adjusted EPS growth. We are executing our Fortive Accelerated strategy and continue to see growing evidence that our investments in innovation acceleration, commercial acceleration, and recurring customer value are contributing to faster rev”
Earnings press release (8-K Ex. 99.1), filed October 28, 2026
Fortive Corp is a U.S. public company in industrial instruments for measurement, display, and control (SIC 3823), headquartered in Everett, WA. It trades as FTV on NYSE. Revenue was $4.2B in the fiscal year ending December 31, 2025, +1.9% from the year before. It reported about 10,000 employees. Olumide Soroye is President and CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $4.2B 10-K, 2026-02-25 | $4.1B 10-K, 2026-02-25 | $3.9B 10-K, 2026-02-25 | $5.8B 10-K, 2025-02-25 | $5.3B 10-K, 2024-02-27 |
| Operating income | $720M 10-K, 2026-02-25 | $716M 10-K, 2026-02-25 | $574M 10-K, 2026-02-25 | $987M 10-K, 2025-02-25 | $813M 10-K, 2024-02-27 |
| SG&A | $1.7B 10-K, 2026-02-25 | $1.7B 10-K, 2026-02-25 | $1.7B 10-K, 2026-02-25 | $2.0B 10-K, 2025-02-25 | $1.8B 10-K, 2024-02-27 |
| Net income | $579M 10-K, 2026-02-25 | $833M 10-K, 2026-02-25 | $866M 10-K, 2026-02-25 | $755M 10-K, 2025-02-25 | $608M 10-K, 2024-02-27 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Olumide Soroye President and CEO | President and CEO | 8-K, 2026-10-28 |
| Mark D. Okerstrom CFO at Fortive, Former CEO and CFO at Expedia Group, Board Member, Advisor | SVP - Chief Financial Officer | 4, 2026-09-28 |
| Amee Desjourdy | SVP - Chief People Officer | 4, 2026-09-28 |
| Peter C. Underwood | SVP - Chief Legal Officer | 4, 2026-09-28 |
| Christopher M. Mulhall | VP - Chief Accounting Officer | 4, 2026-09-28 |
| Stacey A. Walker Chief People Officer | Board-Ready Executive | HR Leader in Growth, Innovation & TransformationSeattle Metropolitan Area · Fortive Corporation | SVP - Chief People Officer | 4, 2025-12-30 |
| Jonathan L. Schwarz SVP Strategy and M&A | ex-Danaher & Fortive | Board-ready Leader in Finance & Portfolio Transformation | SVP - Strategic & Corp Dev | 4, 2025-12-30 |
| Susan L. Main | director | 8-K, 2026-09-10 |
What Fortive Corp does
Fortive Corporation innovates essential technologies to keep our world safe and productive. Our strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. Our businesses design, develop, manufacture, and market products, software, and services, building upon leading brand names, innovative technologies, and strong market positions.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 297.6 million (as of October 23, 2026) | 10-Q, October 28, 2026 |
|---|---|---|
| Public float | $18.2B (as of June 27, 2025) | 10-K, February 25, 2026 |
| Reportable segments | 2 (period ending October 2, 2026) | 10-Q, October 28, 2026 |
| Latest proxy statement | Meeting April 27, 2026 (filed April 29, 2026) | DEF 14A, April 29, 2026 |
| Auditor | Ernst & Young LLP (Seattle, Washington) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| October 30, 2026 | Christopher M. Mulhall VP - Chief Accounting Officer | Sale | 26,055 | $1.7M | Form 4, November 2, 2026 |
| October 30, 2026 | Peter C. Underwood SVP - Chief Legal Officer | Sale | 48,442 | $3.1M | Form 4, November 2, 2026 |
| August 10, 2026 | Peter C. Underwood SVP - Chief Legal Officer | Sale | 8,662 | $533K | Form 4, August 11, 2026 |
| May 4, 2026 | Peter C. Underwood SVP - Chief Legal Officer | Sale | 47,557 | $2.9M | Form 4, May 6, 2026 |
| February 18, 2026 | Kate Mitchell Director | Sale | 7,131 | $416K | Form 4, February 19, 2026 |
| November 10, 2025 | Peter C. Underwood SVP - Chief Legal Officer | Sale | 58,133 | $3.0M | Form 4, November 12, 2025 |
| October 31, 2025 | Stacey A. Walker SVP - Chief People Officer | Sale | 2,192 | $110K | Form 4, November 3, 2025 |
| August 1, 2025 | Mark D. Okerstrom Chief Financial Officer | Buy | 21,300 | $1.0M | Form 4, August 4, 2025 |
Recent 8-K events
- 8-K filed 2026-10-28
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-10
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-07-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-11
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-14
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 8.01 Other events
- 8-K filed 2026-04-30
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-20
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-02-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-10-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-10-16
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Fortive Corp
- What does Fortive Corp do?
- In its own words, from Item 1 of its 10-K: "Fortive Corporation innovates essential technologies to keep our world safe and productive. Our strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. Our businesses design, develop, manufacture, and market products, software, and services, building upon leading brand names, innovative technologies, and strong market positions."
- What is Fortive Corp's revenue?
- $4.2B for the fiscal year ending December 31, 2025, from its 10-K filed February 25, 2026.
- Is Fortive Corp profitable?
- Fortive Corp reported net income of $579M for the fiscal year ending December 31, 2025.
- How many employees does Fortive Corp have?
- About 10,000, as stated in its annual report.
- Who is the CEO of Fortive Corp?
- Olumide Soroye, President and CEO, as named in a 8-K filed October 28, 2026.
- Who is the CFO of Fortive Corp?
- Mark D. Okerstrom, SVP - Chief Financial Officer, as named in a 4 filed September 28, 2026.
- Where is Fortive Corp headquartered?
- Everett, WA.
- What is Fortive Corp's stock ticker?
- FTV on NYSE.
- What industry is Fortive Corp in?
- Industrial Instruments For Measurement, Display, and Control, SIC code 3823.
- What is Fortive Corp's website?
- fortive.com.
- When does Fortive Corp report earnings next?
- January 25, 2027. Source: estimate_8k_pattern.
- Is Fortive Corp a public company?
- Yes. Fortive Corp files with the SEC under CIK 0001659166 and trades as FTV.
- Who audits Fortive Corp?
- Ernst & Young LLP, Seattle, Washington, as named in its latest annual report (10-K).
- How many shares of Fortive Corp are outstanding?
- 297.6 million shares as of October 23, 2026, from its 10-Q filed October 28, 2026.
- What is Fortive Corp's public float?
- $18.2B as of June 27, 2025, as reported on the cover of its 10-K filed February 25, 2026.
- How many business segments does Fortive Corp report?
- 2 reportable segments for the period ending October 2, 2026, from its 10-Q filed October 28, 2026.
- When is Fortive Corp's annual shareholder meeting?
- April 27, 2026, per its proxy statement (DEF 14A) filed April 29, 2026.
- Have Fortive Corp insiders traded stock recently?
- Since August 1, 2025, officers and directors reported 7 open-market sales worth about $11.8M and 1 purchase worth about $1.0M on Forms 4 and 5. The most recent: Christopher M. Mulhall (VP - Chief Accounting Officer) sold 26,055 shares on October 30, 2026.