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Fortive FTV Operating margin

Operating margin at other companies

Dover logo
DoverDOV
16.9%+0.5pp
SPX Technologies logo
SPX TechnologiesSPXC
15.8%+0.3pp
Transcat logo
TranscatTRNS
4%-2.4pp
Ametek logo
AmetekAME
25.9%-0.3pp
Teledyne Technologies logo
Teledyne TechnologiesTDY
19.4%+1.8pp
Keysight Technologies logo
Keysight TechnologiesKEYS
18.2%+1.3pp

Other financials

Income statement

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Revenue$1.1B+7.9%
Gross profit$695.3M+7.7%
Operating income$209.9M+23.6%
Net income$157.3M-5.6%
EPS (diluted)$0.51+4.1%

Balance sheet

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Cash & equivalents$392.3M-78.6%
Total debt$3.6B-27.7%
Total equity$6.1B-41.6%
Total assets$11.6B-36.3%

Cash flow

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Operating cash flow$286.2M-8.0%
CapEx$28.1M-23.4%
Free cash flow$258.1M-6.0%

Valuation

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Market cap$17.88B+11.9%
Enterprise value$21.09B+10.3%
P/E33.5×+12.7×
P/S4.1×+0.7×

Profitability

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Gross margin63.2%+0.4pp
Net margin12.4%-4.3pp
FCF margin22.1%-7.9pp

Returns & leverage

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Return on equity6.5%-0.9pp
Debt / equity0.6×+0.1×
Current ratio1.2×+0.3×

Where this comes from

Calculated from Fortive’s reported figures.

Based on trailing twelve months.

The source filing: Fortive’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 7:35 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001659166-26-000034

FAQ

What is Fortive's operating margin?
Fortive (FTV) reported operating margin of 18.2% in Q2 2026.
How has Fortive's operating margin changed year-over-year?
Fortive's operating margin decreased by 0.1% year-over-year, from 18.3% to 18.2%.
What is the long-term trend for Fortive's operating margin?
Over 5 years (2020 to 2025), Fortive's operating margin has grown at a 8.3% compound annual growth rate (CAGR), from 11.6% to 17.3%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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