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Fortive FTV Price / book

Price / book at other companies

Dover logo
DoverDOV
3.8×+0.4×
Emerson Electric logo
Emerson ElectricEMR
3.6×+0.4×
Honeywell International logo
Honeywell InternationalHON
10.6×+2.7×
Ametek logo
AmetekAME
4.5×+0.5×
Teledyne Technologies logo
Teledyne TechnologiesTDY
2.6×+0.3×
Keysight Technologies logo
Keysight TechnologiesKEYS
9.5×+4.9×

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 price / book?
Fortive (FTV) reported price / book of 2.8× in Q1 2026.
How has Fortive's price / book changed year-over-year?
Fortive's price / book increased by 15.0% year-over-year, from 2.4× to 2.8×.
What is the long-term trend for Fortive's price / book?
Over 4 years (2021 to 2025), Fortive's price / book has grown at a -2.6% compound annual growth rate (CAGR), from 11.1× to 10×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.