Fortive

Halal Rating :
Comfortable
Last Price $70.5
Market Cap $23.97b
1D Change

2.75 %

1 Year Change

-3.07 %

Next Earnings Date

Yet to be announced

Company Overview

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products. Precision Technologies segment provides electrical test and measurement instruments and services; energetic material devices; and sensor and control system solutions for power and energy. Advanced Healthcare Solutions segment offers hardware and software products and services.

Revenue Sources

Pass

Based on reviewing Fortive's SEC filings and business operations, their revenue primarily comes from industrial technology, professional instrumentation, and healthcare solutions. None of their major revenue streams appear to derive from haram sources like gambling, alcohol, tobacco, or interest-based financial services.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 28, 2025 $1.47b $1.27b - $32.0m 0.00% 2.51%
Dec. 31, 2024 $1.62b $1.35b - $33.1m 0.00% 2.46%
Sept. 27, 2024 $1.53b $1.28b - $37.0m 0.00% 2.90%
June 28, 2024 $1.55b $1.29b - $38.7m 0.00% 3.00%

Analysis of the past four quarters shows interest expenses ranging from $28.5M to $44M per quarter, while total expenses ranged from $1.27B to $1.30B. The interest expense to total expense ratios have consistently remained below the 5% threshold, indicating interest is not material to the company's operations.

Operational Ethics

Pass

Based on review of public documents and company disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. While the company has operations in various global markets, no material ties to the state of Israel or direct collaboration with the Chinese Communist Party were identified.

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