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Fortive FTV EV / sales

EV / sales at other companies

Dover logo
DoverDOV
3.6×+0.3×
Emerson Electric logo
Emerson ElectricEMR
4.3×+0.5×
Honeywell International logo
Honeywell InternationalHON
4.5×-0.1×
Ametek logo
AmetekAME
6.6×+0.7×
Teledyne Technologies logo
Teledyne TechnologiesTDY
4.8×+0.3×
Keysight Technologies logo
Keysight TechnologiesKEYS
9.9×+5.1×

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
Debt / equity0.6×+0.2×
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 EV / sales?
Fortive (FTV) reported EV / sales of 4.8× in Q1 2026.
How has Fortive's EV / sales changed year-over-year?
Fortive's EV / sales decreased by 30.3% year-over-year, from 6.9× to 4.8×.
What is the long-term trend for Fortive's EV / sales?
Over 2 years (2021 to 2025), Fortive's EV / sales has grown at a 3.0% compound annual growth rate (CAGR), from 21.8× to 23.2×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.