Mostly Markets
Subscribe
Stocks/Industrials/Industrial Machinery & Supplies & Components

FortiveFTV

Industrial Machinery & Supplies & Components · Everett, Washington · In the S&P 500
High quality
$65.23−0.93%After hours: $65.23 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 29.6% over 1 year
Fortive over 1 yearDaily close, $, to 30 Oct 2026
$50$55$60Nov2026MarMayJulSep$65.23$50$60NovMarJul$65.23
Source: Nasdaq daily closes
Market value$19.41B
Price to earnings30.8x
Forward P/E20.7x
Dividend yield0.43%
Year to date+18.1%
One year+29.6%
Next earningsNot scheduled
SectorIndustrials
52-week range (closes)
$50.10$65.84

Quality and valuation

How Fortive compares with other industrials stocks. A description, not a recommendation.

Fortive and 7 industrial machinery & supplies & components peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: in line with its sector

A stronger business than most industrials companies, priced about in line with them.

Fortive trades at 20.7 times the next 12 months of expected earnings, against a median of 21.4x for the 89 industrials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +7.0% vs +8.2%
  • Keeps more of each sale (gross margin): 63.5% vs 38.1%
  • More profitable (operating margin): 19.6% vs 17.5%
  • Turns more of its sales into cash: 24.7% vs 13.1%
FTV trades at 20.7x forward earnings, below the sector medianForward p/e, Industrial Machinery & Supplies & Components peers
OTIS18.0xDOV18.4xHUBB19.4xFTV20.7xIR21.8xITW23.6xPH25.3xGWW28.0xSector median 21.4xOTIS18.0xDOV18.4xHUBB19.4xFTV20.7xIR21.8xITW23.6xPH25.3xGWW28.0xSector median 21.4x
Source: CNBC quotes; Mostly Markets
At 31.1x earnings, FTV is pricier than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20x25x35xAverage 28.0x2025202631.1x20xAverage 28.0x2025202631.1x
Source: Nasdaq prices; SEC filings

Financials

From Fortive's SEC filings, through the quarter ending 2 Oct 2026. Hover or tap a bar for its value.

Revenue grew 7.8% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0.0bn$0.5bn$1.0bnQ4 ’24Q2 ’25Q4 ’25$1.1bnQ3 ’26$0.0bn$0.5bn$1.0bnQ4 ’24Q2 ’25Q4 ’25$1.1bnQ3 ’26
Source: SEC filings
Growth slowed to +7.8% last quarterRevenue growth, year on year, %
0%2%5%8%Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’267.8%Q3 ’260%5%Q1 ’25Q3 ’25Q1 ’267.8%Q3 ’26
Source: SEC filings
Operating margin was 21.3% last quarterOperating income as a share of revenue, %
0%10%20%Q4 ’24Q2 ’25Q4 ’2521.3%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’2521.3%Q3 ’26
Source: SEC filings
Free cash flow was $1.1 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400mQ4 ’24Q2 ’25Q4 ’25$284mQ3 ’26$0m$200m$400mQ4 ’24Q2 ’25Q4 ’25$284mQ3 ’26
Source: SEC filings
Last 12 monthsFTVSector median
Revenue growth+7.0%+8.2%
Gross margin63.5%38.1%
Operating margin19.6%17.5%
Free cash flow margin24.7%13.1%
Price to earnings30.8x25.8x

Stories on Fortive

We haven't written about Fortive yet. Follow it, and its first story will show under My stocks on the front page.

Similar companies

Industrial Machinery & Supplies & Components, by market value.

CompanyPriceTodayYTDValue
PHParker Hannifin$899.82−3.08%+2.4%$113B
ITWIllinois Tool Works$278.55−1.01%+13.1%$79.16B
GWWW. W. Grainger$1,359.17−0.93%+34.7%$64.02B
IRIngersoll Rand$80.05+0.05%+1.0%$31.06B
OTISOtis Worldwide$75.75+1.53%−13.3%$28.84B
DOVDover$207.74−1.25%+6.4%$27.63B
HUBBHubbell$422.44−3.60%−4.9%$22.32B
XYLXylem$92.40+1.81%−32.1%$21.19B