Fortive profit margin FTV
Gross, operating and net profit as a share of revenue over the last twelve months, from 2015.
- Net margin, 12 months
- 12.4%
- Operating margin, 12 months
- 18.2%
- Net margin on a year earlier
- −6.4 pts
- Peer median
- 8.6%
Over the twelve months to Jul 3, 2026, Fortive kept 12.4% of its revenue as net profit, with an operating margin of 18.2% and a gross margin of 63.2%.
Five years earlier its net margin was 34.2%.
The median for 10 electronic components stocks of a similar size is 8.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 13.9% | 17.3% | 63.5% |
| FY2024 | 20.4% | 17.6% | 64.2% |
| FY2023 | 14.3% | 18.7% | 59.3% |
| FY2022 | 13.0% | 16.9% | 57.7% |
| FY2021 | 11.6% | 15.5% | 57.2% |
| FY2020 | 34.8% | 11.6% | 56.3% |
| FY2019 | 16.2% | 9.7% | 54.4% |
| FY2018 | 45.2% | 18.3% | 51.5% |
| FY2017 | 18.1% | 19.9% | 50.8% |
| FY2016 | 14.0% | 20.0% | 48.7% |
| FY2015 | 14.0% | 20.5% | 48.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 12.4% | −6.4 pts | 18.2% | |
| Q1 FY26 | 12.8% | −6.7 pts | 17.6% | |
| Q4 FY25 | 13.9% | −6.5 pts | 17.3% | |
| Q3 FY25 | 14.7% | −4.7 pts | 17.2% | |
| Q2 FY25 | 18.8% | +1.4 pts | 17.6% | |
| Q1 FY25 | 19.5% | +3.4 pts | 17.9% | |
| Q4 FY24 | 20.4% | +6.1 pts | 17.6% | |
| Q3 FY24 | 19.4% | +5.6 pts | 17.7% | |
| Q2 FY24 | 17.4% | +4.0 pts | 18.4% | |
| Q1 FY24 | 16.1% | +3.2 pts | 18.7% | |
| Q4 FY23 | 14.3% | +1.3 pts | 18.7% | |
| Q3 FY23 | 13.8% | +1.5 pts | 18.5% |
Against its peers
Companies in Hardware, Equipment & Parts nearest Fortive's size, closest first, today.
| Company | Profit margin |
|---|---|
| FTVFortive | 12.4% |
| MKSIMKS | 10.1% |
| FLEXFlex | 3.3% |
| JBLJabil | 2.6% |
| TDYTeledyne Technologies | 15.3% |
| CLSCelestica | 7.2% |
| CGNXCognex | 16.1% |
| AEISAdvanced Energy Industries | 10.8% |
| TTMITTM Technologies | 7.0% |
| SANMSanmina | 2.4% |
| VICRVicor | 30.6% |
| Peer median | 8.6% |
Where Fortive ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Fortive
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.