SuperworthFortive FTV
- Market cap
- $18.2B
- PE
- 35.7×
- 10y median 22.9×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 4.2×
- EV/EBIT
- 27.1×
- Revenue, 12 months
- $4.3B
- +6% on a year ago
- Net margin
- 12.4%
- Free cash flow yield
- 5.2%
Fortive trades at 35.7× trailing earnings, pricier than 97% of the last ten years. Revenue was $4.3B over the last twelve months, up 6% on a year earlier with a 12% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.5B+3% | $1.6B+4% | $984.2M−33% | $1B−33% | $1B−33% | $1.1B−32% | $993.1M+1% | $1B−0% | $1B+2% | $1.1B+5% | $1.1B+8% | $1.1B+8% | |
| Cost of revenue | $601.5M−2% | $636.2M−0% | $620.3M+1% | $624.1M+1% | $362.2M−40% | $643.1M+1% | $355.6M−43% | $370.9M−41% | $377.9M+4% | $413.6M−36% | $393.9M+11% | $401.5M+8% |
| Gross profit | $893M+6% | $947.5M+6% | $628.5M−26% | $653.6M−28% | $641.5M−28% | $695.5M−27% | $637.5M+1% | $645.5M−1% | $649.2M+1% | $708.9M+2% | $675.5M+6% | $695.3M+8% |
| R&D | $98.4M−3% | $99.2M−2% | $104.1M+4% | $101.1M+1% | $62M−37% | $107.1M+8% | $64M−39% | $67.2M−34% | $62M+0% | $66M−38% | $66.5M+4% | $67.5M+0% |
| SG&A | $503.5M+3% | $537.4M+8% | $561M+11% | $525.4M+2% | $407.5M−19% | $563M+5% | $408.2M−27% | $408.5M−22% | $427.6M+5% | $417.4M−26% | $417.3M+2% | $417.9M+2% |
| $291.1M+16% | $310.9M+7% | $149.8M−38% | $182.3M−37% | $172M−41% | $212.2M−32% | $165.3M+10% | $169.8M−7% | $159.6M−7% | $225.5M+6% | $191.7M+16% | $209.9M+24% | |
| Interest expense | $29.8M+13% | $28.5M−11% | $44M+37% | $38.7M+17% | $37.1M+25% | $33M+16% | $32M−27% | $32.1M−17% | $25.4M−32% | $31M−6% | $31.6M−1% | $35.4M+10% |
| Pre-tax income | $257.1M+18% | $277.5M+8% | $234M+14% | $228.7M−9% | $109.1M−58% | $274.7M−1% | $133.7M−43% | $139.6M−39% | $135M+24% | $193.9M−29% | $163.6M+22% | $179.5M+29% |
| $39.1M+42% | $12.3M−59% | $26.6M−17% | $33.6M−19% | −$2.4M | $65.9M+436% | $21.1M−21% | $28M−17% | $18M | $2.4M−96% | $27.2M+29% | $22.2M−21% | |
| Net income | $218M+15% | $265.2M+17% | $207.4M+20% | $195.1M−7% | $221.6M+2% | $208.8M−21% | $171.9M−17% | $166.6M−15% | $55M−75% | $185.7M−11% | $136.4M−21% | $157.3M−6% |
| $0.61+15% | $0.75+17% | $0.58+18% | $0.55−7% | $0.63+3% | $0.60−20% | $0.50−14% | $0.49−11% | $0.16−75% | $0.58−3% | $0.44−12% | $0.51+4% | |
| 356.1M−1% | 354.4M−1% | 356M−0% | 354.8M−0% | 352.3M−1% | 348.2M−2% | 344.6M−3% | 341.7M−4% | 333.4M−5% | 319.7M−8% | 312.8M−9% | 307.6M−10% |
Revenue: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
Cost of revenue: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
Gross profit: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
R&D: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
SG&A: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
Operating income: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
Interest expense: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
Pre-tax income: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
Income tax: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
Net income: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.
EPS, diluted: 7 periods, Q1 FY15 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q1 FY15 and Q1 FY16: share-days: the 6-month average less the second quarter's. 11 periods, Q4 FY15 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Hardware, Equipment & Parts nearest Fortive's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| FTVFortive | $18.2B | 35.7× | 22.9× | n/m | 4.2× | +6% | 12.4% |
| MKSIMKS | $13.3B | 31.4× | 25.2× | n/m | 3.1× | +16% | 10.1% |
| FLEXFlex | $28.3B | 29.6× | 17.8× | 14.7× | 1.0× | +12% | 3.3% |
| JBLJabil | $28.7B | 34.2× | 26.0× | 15.5× | 0.9× | +18% | 2.6% |
| TDYTeledyne Technologies | $29B | 30.2× | 29.3× | 24.5× | 4.5× | +8% | 15.3% |
| CLSCelestica | $29.9B | 27.1× | 45.0× | n/m | 1.9× | +47% | 7.2% |
| CGNXCognex | $9.3B | 53.9× | 48.1× | n/m | 8.6× | +17% | 16.1% |
| AEISAdvanced Energy Industries | $8.7B | 40.4× | 24.3× | n/m | 4.3× | +25% | 10.8% |
| TTMITTM Technologies | $8.4B | 36.1× | 25.7× | n/m | 2.5× | +28% | 7.0% |
| SANMSanmina | $8.3B | 27.9× | 16.0× | n/m | 0.7× | +59% | 2.4% |
| VICRVicor | $8.1B | 56.4× | 82.2× | n/m | 17.1× | +12% | 30.6% |
| Peer median | $11.3B | 32.8× | 25.8× | 15.5× | 2.8× | +17% | 8.6% |
Investors who own it
Investors we follow who held Fortive at the end of Jun 30, 2026, from their 13F filings.
- Andreas HalvorsenViking Global Investors3.5% of portfoliotrimmed
More on Fortive
Each number over time
- PE ratio
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #9of 45Electronic components stocks with the highest profit margins
- #10of 38Electronic components stocks with the highest free cash flow yield
Its groups
About
- Industry
- Hardware, Equipment & Parts
- Sector
- Technology
Valuation data, not investment advice. Prices as of .