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Fortive FTV Gross margin

Gross margin at other companies

Dover logo
DoverDOV
39.5%+0.6pp
Emerson Electric logo
Emerson ElectricEMR
52.7%-0.1pp
Honeywell International logo
Honeywell InternationalHON
30.8%-1.3pp
Ametek logo
AmetekAME
36.3%+0.1pp
Teledyne Technologies logo
Teledyne TechnologiesTDY
42.9%0.0pp
Keysight Technologies logo
Keysight TechnologiesKEYS
63.7%+1.2pp

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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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 gross margin?
Fortive (FTV) reported gross margin of 57.3% in Q1 2026.
How has Fortive's gross margin changed year-over-year?
Fortive's gross margin decreased by 1.1% year-over-year, from 58% to 57.3%.
What is the long-term trend for Fortive's gross margin?
Over 2 years (2021 to 2025), Fortive's gross margin has grown at a 0.7% compound annual growth rate (CAGR), from 227.9% to 231.2%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.