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Fortive FTV Free cash flow margin

Free cash flow margin at other companies

Dover logo
DoverDOV
13.8%+2.1pp
Emerson Electric logo
Emerson ElectricEMR
17%+1.3pp
Honeywell International logo
Honeywell InternationalHON
11%-4.3pp
Ametek logo
AmetekAME
22.4%-2.3pp
Teledyne Technologies logo
Teledyne TechnologiesTDY
16.9%-1.4pp
Keysight Technologies logo
Keysight TechnologiesKEYS
22.3%-4.1pp

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 trailing twelve months.

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 free cash flow margin?
Fortive (FTV) reported free cash flow margin of 22.8% in Q1 2026.
How has Fortive's free cash flow margin changed year-over-year?
Fortive's free cash flow margin decreased by 34.8% year-over-year, from 35% to 22.8%.
What is the long-term trend for Fortive's free cash flow margin?
Over 2 years (2021 to 2025), Fortive's free cash flow margin has grown at a 18.7% compound annual growth rate (CAGR), from 85.6% to 120.6%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.