Fortive Corporation · NYSE:FTV
Fortive — Bank of America Industrials Conference 2024
11 slides from Fortive's conference presentation, Mar 19, 2024
Slide 1: Fortive Overview
Fortive Overview Bank of America Industrials Conference March 19, 2024
Slide 2: Forward Looking Statements & Non-GAAP Financial Measures
Forward Looking Statements & Non-GAAP Financial Measures Statements in this presentation that are not strictly historical, including statements regarding anticipated financial results, global and regional economic conditions, industry trends, geopolitical events, interest rate and current exchange r
Slide 3: Presenters
Presenters Chuck McLaughlin Elena Rosman SVP & Chief Financial Officer VP Investor Relations 3
Slide 4: Strategic Focus and Value Creation
Strategic Focus and Value Creation Transformed, High Quality Portfolio Of High Growth, Profitable Businesses Growth Platforms Aligned To Secular Trends In Large, Attractive Markets FBS Remains A Core Differentiator, Relentlessly Driving Sustainable Results Disciplined Capital Deployment Enhances Ear
Slide 5: Fortive Today
Fortive Today High Quality Portfolio Of High Growth, Profitable Businesses 3 SEGMENTS 5 GROWTH PLATFORMS INTELLIGENT OPERATING SOLUTIONS (IOS) Connected reliability Environmental health & safety PRECISION TECHNOLOGIES (PT) ✓ Leading positions in critical customer workflows Facility & asset lifecycle
Slide 6: Increased Durability
Increased Durability Hardware, Software and Recurring Revenue Aligned to Favorable Secular Trends (Percent of 2023 Revenue)(1) Software Network Software / Automation & Cloud Operational Productivity in 17% Proliferation Rise of AI/ML Connectivity Healthcare Non-recurring 50% Products 27% Power Effic
Slide 7: Power of FBS: Sustaining Differentiated Results
Power of FBS: Sustaining Differentiated Results Delivering Value Through Innovation, Leadership and Productivity EVOLUTION OF FBS TOOLS AND RIGOROUS OPERATING CADENCE … … DELIVERING SUSTAINED MULTI-YEAR PERFORMANCE Building capabilities and leaders to enable extraordinary results 2019 to 2023: Maxim
Slide 8: Disciplined Capital Allocation Strategy
Disciplined Capital Allocation Strategy Compounding FCF Generation Enables Capacity for M&A and Rapid Deleveraging STRONG FCF GENERATION ✓ Smart capital deployment informed by ✓ Strategic use of balance sheet to value creation strategy accelerate compounding Robust Capital Structure Deployment Prior
Slide 9: Fortive Formula For Value Creation
Fortive Formula For Value Creation Continued Compounding Through Proven Flywheel CORE REVENUE GROWTH MSD STRENGTHENING LEADERSHIP (THROUGH THE CYCLE) STRATEGY IS YIELDING FASTER AND MORE POSITIONS AND DRIVING SUSTAINABLE DURABLE GROWTH BUSINESS RESULTS FBS CULTURE OF DOUBLE-DIGIT CONTINUOUS EARNINGS
Slide 10: Accelerating Earnings And Cash Flow Compounding
Accelerating Earnings And Cash Flow Compounding With Upside From Capital Deployment ADJ. EARNINGS PER SHARE ANNUAL FREE CASH FLOW ($ in Billions) 14% 16% CAGR CAGR ~$6.75 >2.3 Capital Deployment Upside Capital Deployment Upside >1.6 ~$4.50 1.2 $3.15 $2.03 0.6 2019 2022 2025T 2028T 2019 2022 2025T 20
Slide 11: (2) FORTIVE
(2) FORTIVE
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