Fortive FTV Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 57.3%-0.1pp | 57.4%-0.4pp | 57.8%-0.1pp | 57.9%0.0pp | 58%+6.6pp | |
| Operating margin | 17.6%+0.3pp | 17.3%+0.1pp | 17.2%-0.4pp | 17.6%-0.3pp | 17.9%+0.3pp | |
| Net margin | 12.8%-1.1pp | 13.9%-0.7pp | 14.7%-4.2pp | 18.8%-0.7pp | 19.5%-0.9pp | |
| EBITDA margin | 19.4%+0.4pp | 19%+0.1pp | 18.9%-0.3pp | 19.2%-0.1pp | 19.3%+0.2pp | |
| Free cash flow margin | 22.8%-0.7pp | 23.5%-3.8pp | 27.3%-7.4pp | 34.8%-0.2pp | 35%-0.3pp | |
| Returns | ||||||
| Return on equity | 6.7%-0.3pp | 7%-0.1pp | 7.1%-0.3pp | 7.4%-0.3pp | 7.7%-0.4pp | |
| Return on assets | 3.8%-0.2pp | 4%-0.1pp | 4.1%-0.2pp | 4.3%-0.3pp | 4.6%-0.3pp | |
| Return on invested capital | 5.9%+0.1pp | 5.7%-0.3pp | 6.1%+0.8pp | 5.3%-0.1pp | 5.4%-0.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.3×0.0× | 0.3×0.0× | 0.3×+0.1× | 0.2×0.0× | 0.2×0.0× | |
| Inventory turnover | 4.1×-2.2× | 6.3×+2.3× | 4×+1.1× | 2.9×-0.1× | 3×-1.9× | |
| Liquidity | ||||||
| Current ratio | 0.7×0.0× | 0.7×0.0× | 0.7×-0.3× | 1×0.0× | 1×-0.2× | |
| Quick ratio | 0.6×0.0× | 0.6×0.0× | 0.6×-0.2× | 0.8×0.0× | 0.8×-0.3× | |
| Cash ratio | 0.2×0.0× | 0.2×0.0× | 0.2×-0.3× | 0.5×+0.2× | 0.3×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.6×+0.1× | 0.5×0.0× | 0.5×0.0× | 0.5×+0.1× | 0.4×0.0× | |
| Debt-to-assets | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | 3.9×+0.2× | 3.7×-0.1× | 3.8×-0.2× | 4×0.0× | 4×+0.1× | |
| Interest coverage | 6.2×+0.2× | 6×+0.2× | 5.8×+0.4× | 5.4×+0.2× | 5.2×+0.5× | |
| Per Share | ||||||
| Book value per share | $19.45+0.8% | $19.29-1.1% | $19.51-35.8% | $30.38+2.3% | $29.71+2.9% | |
| Valuation | ||||||
| Market capitalization | $17.02B-2.9% | $17.54B+5.8% | $16.58B-31.0% | $24.02B-3.5% | $24.9B-4.3% | |
| Enterprise value | $20.24B-1.1% | $20.47B+4.7% | $19.55B-28.0% | $27.16B-3.1% | $28.04B-3.4% | |
| Price / earnings | 31.3×+1.0× | 30.3×+2.8× | 27.5×-3.7× | 31.2×0.0× | 31.2×0.0× | |
| Price / sales | 4×-0.2× | 4.2×+0.2× | 4×-1.8× | 5.9×-0.2× | 6.1×-0.3× | |
| Price / book | 2.8×+0.1× | 2.7×+0.2× | 2.5×+0.2× | 2.3×-0.1× | 2.4×-0.1× | |
| EV / EBITDA | 24.7×-1.2× | 25.9×+0.7× | 25.2×-9.5× | 34.7×-0.9× | 35.6×-1.7× | |
| EV / sales | 4.8×-0.1× | 4.9×+0.2× | 4.8×-1.9× | 6.6×-0.2× | 6.9×-0.3× | |
| Free cash flow yield | 5.7%+0.1pp | 5.6%-1.2pp | 6.8%+0.9pp | 5.9%+0.2pp | 5.7%+0.2pp | |
| Earnings yield | 3.2%-0.1pp | 3.3%-0.3pp | 3.6%+0.4pp | 3.2%0.0pp | 3.2%0.0pp | |
| Dividend yield | 0.5%0.0pp | 0.5%-0.1pp | 0.6%+0.2pp | 0.5%0.0pp | 0.4%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Fortive's profit margins?
- Fortive (FTV) runs a 57.3% gross margin and a 17.6% operating margin, with a 12.8% net margin.
- Where do Fortive's ratios come from?
- Every ratio is computed from Fortive's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
