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Fortive

FTV

Fortive Corporation is a global industrial technology company that designs, manufactures, and markets professional instrumentation, software, and services for mission-critical workflows.

Market cap
$18.68B+3.6%
Revenue$4.2B+3.6%
Net income$543.7M-31.8%
Free cash flow$965.7M-32.5%
EPS (diluted)$1.67-26.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 29, 2026 (In 2 weeks)
Revenue estimate$1.1B
EPS estimate$0.71

Financials

Q1 2026

Income statement

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Revenue$1.1B+7.7%
Gross profit$675.5M+6.0%
Operating income$191.7M+16.0%
Net income$136.4M-20.7%
EPS (diluted)$0.44-12.0%

Balance sheet

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Cash & equivalents$356.1M-60.1%
Total debt$3.6B-11.1%
Total equity$6.1B-40.6%
Total assets$11.6B-32.4%

Cash flow

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Operating cash flow$234.8M-2.9%
CapEx$26.6M+26.1%
Free cash flow$208.2M-5.6%

Valuation & ratios

Valuation

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Market cap$18.68B+3.6%
Enterprise value$21.9B+3.4%
P/E34.4×+10.9×
P/S4.4×0.0×

Profitability

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Gross margin57.3%-0.7pp
Operating margin17.6%-0.3pp
Net margin12.8%-6.7pp
FCF margin22.8%-12.2pp

Returns & leverage

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Return on equity6.7%-1.0pp
Debt / equity0.6×+0.2×
Current ratio0.7×-0.3×

Segments

By geography

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North America$634.5M
Asia-Pacific$194.7M
Europe, Middle East, and Africa$191.8M
Latin America$48.4M

By segment

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Intelligent Operating Solutions$743.2M+7.6%
Advanced Healthcare Solutions$326.2M+7.9%
Unallocated Corporate Costs and Other-

By product

See full
Services$208.6M+10.7%

Competitors

Profile

Fortive Corporation is a global industrial technology company that designs, manufactures, and markets professional instrumentation, software, and services for mission-critical workflows. The company leverages its proprietary Fortive Business System (FBS) to drive continuous improvement and operational excellence across its diverse portfolio of market-leading brands. Its value proposition centers on enhancing safety, productivity, and patient care through advanced technology solutions in industrial and healthcare environments.

Competitive position

Fortive holds leading market positions across its segments, utilizing a specialized business system (FBS) to maintain a competitive edge in highly fragmented and specialized technical markets.

GeographiesUnited States, Europe, Asia, Global
Customer segmentsEnterprise, Healthcare Systems, Government Agencies, Manufacturing Utilities
Business modelManufacturing, Subscription SaaS, Professional Services
SuppliersElectronic component suppliers, Steel and aluminum producers, Plastics and petroleum-based product suppliers, Copper suppliers
CustomersManufacturing plants, Hospitals and clinics, Utility companies, Government entities, Original Equipment Manufacturers (OEMs)
Listed2016
Employees18.0K
CEOOlumide O. Soroye
FilingsSEC EDGAR

Questions, answered.

What is Fortive's market cap?
Fortive (FTV) has a market capitalization of $18.7B and trades on NYSE.
What is Fortive's revenue and profitability?
Fortive generated $4.2B in trailing twelve-month revenue with net income of $543.7M, representing a net margin of 12.8%. Gross margin stands at 57.3%, with free cash flow of $965.7M. These figures are based on the Q1 2026 filing.
Who are Fortive's competitors?
Fortive's key competitors include Emerson Electric Co., Steris plc, Honeywell International Inc., and others. These companies compete in similar markets and product categories.
Who does Fortive partner with?
Fortive's notable partners include Danaher Corporation.
What subsidiaries does Fortive have?
Fortive's subsidiaries include Fluke, Advanced Sterilization Products, ServiceChannel, and others.
Where is Fortive headquartered?
Fortive is headquartered in United States of America and employs approximately 18,000 people. It has been publicly traded since 2016.