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Fortive FTV Debt-to-equity

Debt-to-equity at other companies

Dover logo
DoverDOV
0.4×0.0×
Emerson Electric logo
Emerson ElectricEMR
0.4×-0.1×
Honeywell International logo
Honeywell InternationalHON
2.8×+0.8×
Ametek logo
AmetekAME
0.1×0.0×
Teledyne Technologies logo
Teledyne TechnologiesTDY
0.2×-0.1×
Keysight Technologies logo
Keysight TechnologiesKEYS
0.4×-0.1×

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
Current ratio0.7×-0.3×

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 debt-to-equity?
Fortive (FTV) reported debt-to-equity of 0.6× in Q1 2026.
How has Fortive's debt-to-equity changed year-over-year?
Fortive's debt-to-equity increased by 49.6% year-over-year, from 0.4× to 0.6×.
What is the long-term trend for Fortive's debt-to-equity?
Over 4 years (2021 to 2025), Fortive's debt-to-equity has grown at a 9.2% compound annual growth rate (CAGR), from 1.3× to 1.9×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.