# Fortive Corp

Summary updated: 2026-09-28T11:55:51.453416Z
Canonical: https://finbar.com/research/companies/fortive

## Overview

Fortive Corporation is an industrial technology company headquartered in Everett, Washington. It develops instruments, software and services that support industrial measurement, workplace safety, facility operations and healthcare workflows. Its stated purpose is to “innovate essential technologies to keep our world safe and productive.” [1](https://app.finbar.com/go?id=P143013017)[2](https://app.finbar.com/go?id=P143013024)

Fortive operates through two segments: Intelligent Operating Solutions, which includes measurement tools and software for managing assets, facilities and industrial operations; and Advanced Healthcare Solutions, which includes sterilization, instrument tracking, biomedical testing and clinical workflow products. Its brands include Fluke, ServiceChannel, Industrial Scientific, Advanced Sterilization Products and Provation. Following the 2025 separation of its Precision Technologies business into Ralliant, Fortive reported $4.16 billion in 2025 sales from continuing operations. It has more than 10,000 employees and operates in approximately 50 countries. [3](https://app.finbar.com/go?id=P143013018)[4](https://app.finbar.com/go?id=P143013035)[5](https://app.finbar.com/go?id=P143013037)[6](https://app.finbar.com/go?id=P143013040)[7](https://app.finbar.com/go?id=T16356032)[1](https://app.finbar.com/go?id=P143013017)
[1](https://app.finbar.com/go?id=P143013017)[2](https://app.finbar.com/go?id=P143013024)[3](https://app.finbar.com/go?id=P143013018)[4](https://app.finbar.com/go?id=P143013035)[5](https://app.finbar.com/go?id=P143013037)[6](https://app.finbar.com/go?id=P143013040)[7](https://app.finbar.com/go?id=T16356032)

## Products & services

Fortive’s Intelligent Operating Solutions products include instruments for electrical measurement, condition monitoring and worker safety. Fluke’s 87V digital multimeter supports True-RMS measurements and variable-frequency-drive troubleshooting and carries CAT III 1000 V/CAT IV 600 V safety ratings. Industrial Scientific’s Ventis Pro5 monitors up to five gases and can transmit alerts and location data to its iNet Now monitoring service. [8](https://app.finbar.com/go?id=P79909874)[9](https://www.fluke.com/en-us/product/electrical-testing/digital-multimeters/fluke-87v)[10](https://www.indsci.com/en/gas-detectors/multi/ventis-pro5)

Fortive also supplies software for managing facilities, assets and construction costs. ServiceChannel supports work orders, assets, service providers and inspections across multiple locations; Accruent’s Maintenance Connection handles preventive maintenance, work orders and spare-parts tracking; and Gordian’s RSMeans Data provides construction-cost information and estimating tools. [11](https://servicechannel.com/products/)[12](https://www.accruent.com/products/maintenance-connection)[13](https://www.gordian.com/products/rsmeans-data-services/)

In healthcare, ASP’s STERRAD 100NX uses low-temperature hydrogen-peroxide sterilization for medical instruments, while its CIDEX OPA solution is a ready-to-use, 0.55% ortho-phthalaldehyde disinfectant for heat-sensitive devices. Censis’s CensiTrac tracks instruments through decontamination and operating-room use; Fluke Biomedical’s ESA615 tests medical-equipment electrical safety; and LANDAUER’s Luxel+ dosimetry service monitors radiation exposure. [14](https://www.asp.com/en-us/products/terminal-sterilization/sterrad-100nx)[15](https://www.asp.com/en-us/products/high-level-disinfection/cidex-opa-solution)[16](https://censis.com/products/censitrac/)[17](https://www.flukebiomedical.com/products/electrical-safety-analyzers/esa615-electrical-safety-analyzer)[18](https://www.landauer.com/luxel-radiation-dosimeter-badges) In 2025, products and software accounted for approximately 80% of Fortive’s continuing-operation sales and services for approximately 20%; services include warranties, maintenance, on-site labor and software implementation. [19](https://app.finbar.com/go?id=T2101360)[20](https://app.finbar.com/go?id=P48078022)
[8](https://app.finbar.com/go?id=P79909874)[19](https://app.finbar.com/go?id=T2101360)[20](https://app.finbar.com/go?id=P48078022)[9](https://www.fluke.com/en-us/product/electrical-testing/digital-multimeters/fluke-87v)[10](https://www.indsci.com/en/gas-detectors/multi/ventis-pro5)[11](https://servicechannel.com/products/)[12](https://www.accruent.com/products/maintenance-connection)[13](https://www.gordian.com/products/rsmeans-data-services/)[14](https://www.asp.com/en-us/products/terminal-sterilization/sterrad-100nx)[15](https://www.asp.com/en-us/products/high-level-disinfection/cidex-opa-solution)[16](https://censis.com/products/censitrac/)[17](https://www.flukebiomedical.com/products/electrical-safety-analyzers/esa615-electrical-safety-analyzer)[18](https://www.landauer.com/luxel-radiation-dosimeter-badges)

## Geographic presence

Fortive is headquartered in Everett, Washington, and has more than 10,000 employees in approximately 50 countries. Its international footprint includes research and development, manufacturing, sales, distribution, service and administrative operations; the company does not disclose an employee breakdown by region. [21](https://app.finbar.com/go?id=P62815324)[22](https://investors.fortive.com/sec-filings/all-sec-filings/content/0001659166-26-000007/ftv-20251231.htm)

In 2025, Fortive’s continuing operations generated $4.16 billion in sales: $2.49 billion in North America (60%), $730 million in Asia-Pacific (18%), $726 million in Europe, the Middle East and Africa (17%), and $212 million in Latin America (5%). The United States accounted for 56% of total sales; the company does not disclose a more detailed country-by-country revenue breakdown. [22](https://investors.fortive.com/sec-filings/all-sec-filings/content/0001659166-26-000007/ftv-20251231.htm)
[21](https://app.finbar.com/go?id=P62815324)[23](https://app.finbar.com/go?id=P5200807)[19](https://app.finbar.com/go?id=T2101360)[19](https://app.finbar.com/go?id=T2101360)[19](https://app.finbar.com/go?id=T2101360)[19](https://app.finbar.com/go?id=T2101360)[19](https://app.finbar.com/go?id=T2101360)[19](https://app.finbar.com/go?id=T2101360)[22](https://investors.fortive.com/sec-filings/all-sec-filings/content/0001659166-26-000007/ftv-20251231.htm)

## Business segments

Fortive reports two segments: Intelligent Operating Solutions (IOS) and Advanced Healthcare Solutions (AHS). IOS supplies instruments, software and services for maintenance, measurement and condition monitoring; facility and asset management; and worker safety and compliance. Its brands include Fluke, ServiceChannel, Gordian, Accruent, Industrial Scientific and Intelex. In 2025, IOS generated $2.86 billion in sales, approximately 69% of Fortive’s continuing-operations sales. [5](https://app.finbar.com/go?id=P143013037)[24](https://app.finbar.com/go?id=P143013038)[7](https://app.finbar.com/go?id=T16356032)

AHS focuses on healthcare workflows, including instrument sterilization and tracking, biomedical testing, radiation detection and safety monitoring, and clinical productivity software. Its brands include ASP, Censis, Fluke Biomedical, Landauer and Provation. In 2025, AHS generated $1.30 billion in sales, approximately 31% of continuing-operations sales. The segment breakdown excludes the former Precision Technologies business, which Fortive classified as discontinued operations following the Ralliant separation. [6](https://app.finbar.com/go?id=P143013040)[25](https://app.finbar.com/go?id=P143013042)[7](https://app.finbar.com/go?id=T16356032)[26](https://app.finbar.com/go?id=P143013577)
[5](https://app.finbar.com/go?id=P143013037)[24](https://app.finbar.com/go?id=P143013038)[6](https://app.finbar.com/go?id=P143013040)[25](https://app.finbar.com/go?id=P143013042)[26](https://app.finbar.com/go?id=P143013577)[7](https://app.finbar.com/go?id=T16356032)[7](https://app.finbar.com/go?id=T16356032)[7](https://app.finbar.com/go?id=T16356032)

## Company history

Fortive was created when Danaher separated a group of industrial businesses, including Fluke and Tektronix, into an independent company in July 2016. James A. Lico became its first president and CEO. [27](https://app.finbar.com/go?id=P13606576)[28](https://investors.fortive.com/news-events/press-releases/detail/230/fortive-completes-separation-from-danaher-and-launches-as-an-independent-publicly-traded-company) Fortive expanded through acquisitions, adding workplace-safety company Industrial Scientific and radiation-safety company Landauer in 2017, followed by construction-cost software provider Gordian and facilities-management software provider Accruent in 2018. [29](https://fortive.com/industrialscientific)[30](https://investors.fortive.com/news-events/press-releases/detail/197/fortive-announces-successful-completion-of-cash-tender-offer-for-shares-of-landauer-inc)[31](https://app.finbar.com/go?id=P36167489)

In 2019, Fortive acquired Advanced Sterilization Products, expanding into infection prevention, alongside several other businesses. [32](https://app.finbar.com/go?id=P100779636) It separated its transportation and mobility businesses as Vontier in October 2020, then added facilities-maintenance software provider ServiceChannel and clinical-workflow software provider Provation in 2021. [33](https://app.finbar.com/go?id=P8057427)[34](https://investors.fortive.com/news-events/press-releases/detail/76/fortive-announces-completion-of-servicechannel-acquisition)[35](https://investors.fortive.com/news-events/press-releases/detail/65/fortive-announces-completion-of-provation-acquisition-from-clearlake-capital-group) After acquiring electronic-test-equipment maker EA Elektro-Automatik in 2024, Fortive separated its Precision Technologies businesses as Ralliant in June 2025. Olumide Soroye succeeded Lico as president and CEO that month. [36](https://investors.fortive.com/news-events/press-releases/detail/15/fortive-announces-completion-of-ea-elektro-automatik-acquisition)[37](https://investors.fortive.com/news-events/press-releases/detail/269/fortive-announces-completion-of-the-ralliant-separation-and-appointment-of-olumide-soroye-as-president-ceo-and-director-of-fortive)
[27](https://app.finbar.com/go?id=P13606576)[31](https://app.finbar.com/go?id=P36167489)[32](https://app.finbar.com/go?id=P100779636)[33](https://app.finbar.com/go?id=P8057427)[28](https://investors.fortive.com/news-events/press-releases/detail/230/fortive-completes-separation-from-danaher-and-launches-as-an-independent-publicly-traded-company)[29](https://fortive.com/industrialscientific)[30](https://investors.fortive.com/news-events/press-releases/detail/197/fortive-announces-successful-completion-of-cash-tender-offer-for-shares-of-landauer-inc)[34](https://investors.fortive.com/news-events/press-releases/detail/76/fortive-announces-completion-of-servicechannel-acquisition)[35](https://investors.fortive.com/news-events/press-releases/detail/65/fortive-announces-completion-of-provation-acquisition-from-clearlake-capital-group)[36](https://investors.fortive.com/news-events/press-releases/detail/15/fortive-announces-completion-of-ea-elektro-automatik-acquisition)[37](https://investors.fortive.com/news-events/press-releases/detail/269/fortive-announces-completion-of-the-ralliant-separation-and-appointment-of-olumide-soroye-as-president-ceo-and-director-of-fortive)

## Sources

1. [Fortive Corp — Full financial report (2025 Y), p6](https://app.finbar.com/go?id=P143013017)
2. [Fortive Corp — Full financial report (2025 Y), p7](https://app.finbar.com/go?id=P143013024)
3. [Fortive Corp — Full financial report (2025 Y), p6](https://app.finbar.com/go?id=P143013018)
4. [Fortive Corp — Full financial report (2025 Y), p7](https://app.finbar.com/go?id=P143013035)
5. [Fortive Corp — Full financial report (2025 Y), p7](https://app.finbar.com/go?id=P143013037)
6. [Fortive Corp — Full financial report (2025 Y), p7](https://app.finbar.com/go?id=P143013040)
7. [Fortive Corp — Full financial report (2025 Y), p85](https://app.finbar.com/go?id=T16356032)
8. [Fortive Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P79909874)
9. [www.fluke.com](https://www.fluke.com/en-us/product/electrical-testing/digital-multimeters/fluke-87v)
10. [www.indsci.com](https://www.indsci.com/en/gas-detectors/multi/ventis-pro5)
11. [servicechannel.com](https://servicechannel.com/products/)
12. [www.accruent.com](https://www.accruent.com/products/maintenance-connection)
13. [www.gordian.com](https://www.gordian.com/products/rsmeans-data-services/)
14. [www.asp.com](https://www.asp.com/en-us/products/terminal-sterilization/sterrad-100nx)
15. [www.asp.com](https://www.asp.com/en-us/products/high-level-disinfection/cidex-opa-solution)
16. [censis.com](https://censis.com/products/censitrac/)
17. [www.flukebiomedical.com](https://www.flukebiomedical.com/products/electrical-safety-analyzers/esa615-electrical-safety-analyzer)
18. [www.landauer.com](https://www.landauer.com/luxel-radiation-dosimeter-badges)
19. [Fortive Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T2101360)
20. [Fortive Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P48078022)
21. [Fortive Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P62815324)
22. [investors.fortive.com](https://investors.fortive.com/sec-filings/all-sec-filings/content/0001659166-26-000007/ftv-20251231.htm)
23. [Fortive Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P5200807)
24. [Fortive Corp — Full financial report (2025 Y), p7](https://app.finbar.com/go?id=P143013038)
25. [Fortive Corp — Full financial report (2025 Y), p8](https://app.finbar.com/go?id=P143013042)
26. [Fortive Corp — Full financial report (2025 Y), p54](https://app.finbar.com/go?id=P143013577)
27. [Fortive Corp — Full financial report (2016 Y)](https://app.finbar.com/go?id=P13606576)
28. [investors.fortive.com](https://investors.fortive.com/news-events/press-releases/detail/230/fortive-completes-separation-from-danaher-and-launches-as-an-independent-publicly-traded-company)
29. [fortive.com](https://fortive.com/industrialscientific)
30. [investors.fortive.com](https://investors.fortive.com/news-events/press-releases/detail/197/fortive-announces-successful-completion-of-cash-tender-offer-for-shares-of-landauer-inc)
31. [Fortive Corp — Full financial report (2018 Y)](https://app.finbar.com/go?id=P36167489)
32. [Fortive Corp — Full financial report (2019 Y)](https://app.finbar.com/go?id=P100779636)
33. [Fortive Corp — Full financial report (2020 Y)](https://app.finbar.com/go?id=P8057427)
34. [investors.fortive.com](https://investors.fortive.com/news-events/press-releases/detail/76/fortive-announces-completion-of-servicechannel-acquisition)
35. [investors.fortive.com](https://investors.fortive.com/news-events/press-releases/detail/65/fortive-announces-completion-of-provation-acquisition-from-clearlake-capital-group)
36. [investors.fortive.com](https://investors.fortive.com/news-events/press-releases/detail/15/fortive-announces-completion-of-ea-elektro-automatik-acquisition)
37. [investors.fortive.com](https://investors.fortive.com/news-events/press-releases/detail/269/fortive-announces-completion-of-the-ralliant-separation-and-appointment-of-olumide-soroye-as-president-ceo-and-director-of-fortive)

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