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Fortive to put Everett on world financial map | Taking Stock


Last updated 8/3/2016 at Noon

The new Everett-based company Fortive is already measurable as the eighth most valuable company in Washington, and the most valuable in Snohomish County.

Fortive Corp. is just behind PACCAR and just ahead of Expedia in market capitalization or value. Market capitalization or market value is calculated by multiplying the value of one share of stock by the number of shares outstanding.

PACCAR, Fortive and Expedia are all so close in value, between $16 and $18 billion, that the order may change from day to day, or even hour to hour.

But there is another way to rate companies. Fortune Magazi...

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