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At $20 billion, Fortive still county’s most valuable company | Taking Stock


Last updated 3/1/2017 at Noon

Fortive, based on Seaway Blvd. in Everett, has become the first company in Snohomish County to reach $20 billion in market capitalization.

Market capitalization is measured by multiplying the price of one share of stock by the total number of shares.

Fortive's share price closed at $58.13 on Feb. 21. The company has 345,738,553 shares, according to the most recent Securities and Exchange Commission filing. That gives a market capitalization of $20.1 billion.

Fortive is a new company and is new to the county. Having spun off from Danaher in July 2016, Fortive selected Everett as the l...

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