Fortive FTV Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 230.5%-0.7pp | 231.2%+6.1pp | 225.1%— | —— | —— | |
| Operating margin | 69.7%-0.3pp | 70%-0.2pp | 70.3%— | —— | —— | |
| Net margin | 60.2%-6.7pp | 66.9%-6.5pp | 73.4%— | —— | —— | |
| EBITDA margin | 76.4%+0.1pp | 76.3%-0.1pp | 76.3%— | —— | —— | |
| Free cash flow margin | 108.4%-12.2pp | 120.6%-11.8pp | 132.4%— | —— | —— | |
| Returns | ||||||
| Return on equity | 28%-1.0pp | 29.1%-1.2pp | 30.2%-1.6pp | 31.8%-1.3pp | 33.1%-1.1pp | |
| Return on assets | 16.2%-0.8pp | 17.1%-0.9pp | 17.9%-1.3pp | 19.2%-1.0pp | 20.2%-0.8pp | |
| Return on invested capital | 23%+0.5pp | 22.4%+0.1pp | 22.3%— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 1.1×+0.1× | 1×0.0× | 1×— | —— | —— | |
| Inventory turnover | 17.3×+1.1× | 16.2×+1.4× | 14.8×— | —— | —— | |
| Liquidity | ||||||
| Current ratio | 3.1×-0.3× | 3.4×-0.4× | 3.8×-0.6× | 4.4×-0.2× | 4.6×-0.5× | |
| Quick ratio | 2.5×-0.2× | 2.8×-0.5× | 3.2×-0.4× | 3.6×-0.1× | 3.8×-0.4× | |
| Cash ratio | 1×-0.2× | 1.2×-0.2× | 1.4×-0.2× | 1.6×+0.2× | 1.4×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 2.1×+0.2× | 1.9×+0.1× | 1.8×+0.1× | 1.6×+0.1× | 1.5×0.0× | |
| Debt-to-assets | 1.1×+0.1× | 1.1×+0.1× | 1×+0.1× | 1×0.0× | 0.9×0.0× | |
| Net debt / EBITDA | 15.5×-0.1× | 15.5×-0.1× | 15.7×— | —— | —— | |
| Interest coverage | 23.3×+1.0× | 22.3×+1.3× | 21×— | —— | —— | |
| Per Share | ||||||
| Book value per share | $88.63-10.4% | $98.88-8.8% | $108.48-8.8% | $118.93+0.7% | $118.14+0.2% | |
| Valuation | ||||||
| Market capitalization | $75.15B-9.5% | $83.03B-9.3% | $91.52B-10.8% | $102.6B-2.0% | $104.66B-4.8% | |
| Enterprise value | $87.42B-8.2% | $95.22B-8.2% | $103.76B-9.8% | $115.1B-1.9% | $117.32B-4.6% | |
| Price / earnings | 120.3×+0.1× | 120.3×-1.0× | 121.2×-3.6× | 124.8×+1.8× | 123×-2.4× | |
| Price / sales | 18.1×-2.1× | 20.2×-2.2× | 22.4×— | —— | —— | |
| Price / book | 10.4×+0.4× | 10×+0.2× | 9.8×-0.1× | 9.9×-0.2× | 10.1×-0.5× | |
| EV / EBITDA | 110.5×-10.9× | 121.4×-11.4× | 132.8×— | —— | —— | |
| EV / sales | 21.1×-2.1× | 23.2×-2.2× | 25.4×— | —— | —— | |
| Free cash flow yield | 23.9%-0.1pp | 24%0.0pp | 24%+1.7pp | 22.3%+0.8pp | 21.5%+1.3pp | |
| Earnings yield | 13.3%0.0pp | 13.3%+0.1pp | 13.2%+0.4pp | 12.8%-0.2pp | 13%+0.2pp | |
| Dividend yield | 2.1%0.0pp | 2%+0.1pp | 1.9%+0.2pp | 1.7%0.0pp | 1.7%+0.1pp |
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.
