Fortive price to free cash flow FTV

Market value divided by free cash flow over the last twelve months, since 2017.

Today, Oct 23, 2026: 19.1×
9-year median: 15.2×
Against its 9-year history: 95th; percentile: 0 is its lowest day, 100 its highest
9-year range: 8.3× to 22.4×
Peer median: 34.2×

Fortive's price to free cash flow is 19.1× as of Oct 23, 2026.

That is above its 9-year median of 15.2×, higher than on 95% of days in the last 9 years.

Over that time it ranged from 8.3× in Mar 2020 to 22.4× in Nov 2021.

The median for 10 electronic components stocks of a similar size is 34.2×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	19.1×	15.1×	19.7×
2025	16.0×	11.4×	16.0×
2024	14.6×	13.8×	18.3×
2023	15.5×	13.7×	17.9×
2022	16.6×	14.9×	20.5×
2021	21.6×	11.1×	22.4×
2020	11.9×	8.3×	14.6×
2019	14.2×	11.6×	15.2×
2018	11.5×	11.3×	18.7×
2017	17.6×	13.8×	18.1×

Against its peers

Companies in Hardware, Equipment & Parts nearest Fortive's size, closest first, today.

Company	Price to free cash flow
FTVFortive	19.1×
MKSIMKS	29.2×
FLEXFlex	34.2×
JBLJabil	22.0×
TDYTeledyne Technologies	25.4×
CLSCelestica	57.6×
CGNXCognex	34.8×
AEISAdvanced Energy Industries	100×
TTMITTM Technologies	n/m
SANMSanmina	14.0×
VICRVicor	158×
Peer median	34.2×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Fortive

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.