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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fortive's Enterprise Value is $29,484 Mil. Fortive's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $1,154 Mil. Therefore, Fortive's EV-to-EBIT for today is 25.54.
The historical rank and industry rank for Fortive's EV-to-EBIT or its related term are showing as below:
During the past 12 years, the highest EV-to-EBIT of Fortive was 351.53. The lowest was 10.72. And the median was 26.28.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fortive's Enterprise Value for the quarter that ended in Mar. 2024 was $33,523 Mil. Fortive's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $1,154 Mil. Fortive's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.44%.
The historical data trend for Fortive's EV-to-EBIT 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.
Fortive Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EV-to-EBIT | Get a 7-Day Free Trial | 55.85 | 15.35 | 39.36 | 26.13 | 24.90 |
Fortive Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
EV-to-EBIT | Get a 7-Day Free Trial | 26.52 | 27.11 | 25.59 | 24.90 | 29.04 |
For the Scientific & Technical Instruments subindustry, Fortive's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
For the Hardware industry and Technology sector, Fortive's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Fortive's EV-to-EBIT falls into.
Fortive's EV-to-EBIT for today is calculated as:
EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
= | 29484.357 | / | 1154.4 | |
= | 25.54 |
Fortive's current Enterprise Value is $29,484 Mil.
Fortive's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,154 Mil.
* 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.
Fortive (NYSE:FTV) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.
Fortive's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:
Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) | = | EBIT | / | Enterprise Value (Q: Mar. 2024 ) |
= | 1154.4 | / | 33522.54 | |
= | 3.44 % |
Fortive's Enterprise Value for the quarter that ended in Mar. 2024 was $33,523 Mil.
Fortive's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,154 Mil.
* 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.
Thank you for viewing the detailed overview of Fortive's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Charles E Mclaughlin | officer: SVP - Chief Financial Officer | C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203 |
Patrick K Murphy | officer: Senior Vice President | C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203 |
Christopher M. Mulhall | officer: VP - Chief Accounting Officer | C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203 |
Stacey A. Walker | officer: SVP - Human Resources | C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203 |
Eric Branderiz | director | 915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453 |
Alan G Spoon | director, other: Chairman | 1150 15TH ST NW, WASHINGTON DC 20071 |
Tamara S. Newcombe | officer: President & CEO of PT | 6920 SEAWAY BLVD., EVERETT WA 98203 |
Wright Iii Lassiter | director | 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094 |
Barbara B. Hulit | officer: Senior Vice President | C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203 |
Jonathan L Schwarz | officer: VP-Corporate Development | C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203 |
James A Lico | officer: President, CEO and Secretary | |
Peter C Underwood | officer: SVP-General Counsel/Secretary | 200 STATE STREET, BELOIT WI 53511 |
Olumide Soroye | officer: President & CEO of IOS | 6920 SEAWAY BLVD., EVERETT WA 98203 |
Steven M Rales | director | 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037 |
William W Pringle | officer: Senior Vice President | C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203 |
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