What does professional instrumentation — sales mean?

The total revenue generated by the Professional Instrumentation segment from the sale of products and services to external customers. This is the primary indicator of the segment's market demand and top-line performance.

Fortive FTV Professional Instrumentation — Sales

Discontinued — last reported Q3 '20

Similar metrics at other companies

TDYInstrumentation — Net Sales

$361.4M+5.3%

AMEProcess and analytical instrumentation — Net Sales

$891.63M+14.8%

NDSNIndustrial Precision Solutions — Sales

$350.47M+9.9%

WAT

WATInstrument Systems — Revenue

$376M+43.0%

AInstrumentation — Net revenue

$618M+12.4%

TDYTest and Measurement Instrumentation — Net Sales

$69.9M-3.7%

Other financials

Income statement

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Revenue$1.1B+7.7%

Gross profit$675.5M+6.0%

Operating income$191.7M+16.0%

Net income$136.4M-20.7%

EPS (diluted)$0.44-12.0%

Balance sheet

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Cash & equivalents$356.1M-60.1%

Total debt$3.6B-11.1%

Total equity$6.1B-40.6%

Total assets$11.6B-32.4%

Cash flow

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Operating cash flow$234.8M-2.9%

CapEx$26.6M+26.1%

Free cash flow$208.2M-5.6%

Valuation

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Market cap$18.61B-31.7%

Enterprise value$21.83B-27.8%

P/E34.2×+0.1×

P/S4.4×-2.3×

Profitability

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Gross margin57.3%-0.7pp

Operating margin17.6%-0.3pp

Net margin12.8%-6.7pp

FCF margin22.8%-12.2pp

Returns & leverage

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Return on equity6.7%-1.0pp

Debt / equity0.6×+0.2×

Current ratio0.7×-0.3×

Where this comes from

Reported directly by Fortive in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Fortive’s 10-Q, filed October 27, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does professional instrumentation — sales mean?: The total revenue generated by the Professional Instrumentation segment from the sale of products and services to external customers. This is the primary indicator of the segment's market demand and top-line performance.