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Fortive FTV Current ratio

Current ratio at other companies

Dover logo
DoverDOV
1.9×-0.3×
Emerson Electric logo
Emerson ElectricEMR
0.9×+0.1×
Honeywell International logo
Honeywell InternationalHON
1.4×+0.1×
Ametek logo
AmetekAME
1.1×-0.3×
Teledyne Technologies logo
Teledyne TechnologiesTDY
1.8×-0.4×
Keysight Technologies logo
Keysight TechnologiesKEYS
1.9×-1.5×

Other financials

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

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Market cap$18.5B-31.7%
Enterprise value$21.72B-27.8%
P/E34×+0.1×
P/S4.4×-2.3×

Profitability

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

Returns & leverage

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

Where this comes from

Calculated from Fortive’s reported figures.

Based on the most recent quarter.

The official record: Fortive’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fortive's current ratio?
Fortive (FTV) reported current ratio of 0.7× in Q1 2026.
How has Fortive's current ratio changed year-over-year?
Fortive's current ratio decreased by 28.6% year-over-year, from 1× to 0.7×.
What is the long-term trend for Fortive's current ratio?
Over 4 years (2021 to 2025), Fortive's current ratio has grown at a -3.2% compound annual growth rate (CAGR), from 3.9× to 3.4×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.