Fortive FTV Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 57.3%-0.7pp | 57.4%+6.1pp | 57.8%— | 57.9%— | 58%— | |
| Operating margin | 17.6%-0.3pp | 17.3%-0.2pp | 17.2%— | 17.6%— | 17.9%— | |
| Net margin | 12.8%-6.7pp | 13.9%-6.5pp | 14.7%— | 18.8%— | 19.5%— | |
| EBITDA margin | 19.4%+0.1pp | 19%-0.1pp | 18.9%— | 19.2%— | 19.3%— | |
| Free cash flow margin | 22.8%-12.2pp | 23.5%-11.8pp | 27.3%— | 34.8%— | 35%— | |
| Returns | ||||||
| Return on equity | 6.7%-1.0pp | 7%-1.2pp | 7.1%-1.6pp | 7.4%-1.3pp | 7.7%-1.1pp | |
| Return on assets | 3.8%-0.8pp | 4%-0.9pp | 4.1%-1.3pp | 4.3%-1.0pp | 4.6%-0.8pp | |
| Return on invested capital | 5.9%+0.5pp | 5.7%+0.1pp | 6.1%— | 5.3%— | 5.4%— | |
| Efficiency | ||||||
| Asset turnover | 0.3×+0.1× | 0.3×0.0× | 0.3×— | 0.2×— | 0.2×— | |
| Inventory turnover | 4.1×+1.1× | 6.3×+1.4× | 4×— | 2.9×— | 3×— | |
| Liquidity | ||||||
| Current ratio | 0.7×-0.3× | 0.7×-0.4× | 0.7×-0.6× | 1×-0.2× | 1×-0.5× | |
| Quick ratio | 0.6×-0.2× | 0.6×-0.5× | 0.6×-0.4× | 0.8×-0.1× | 0.8×-0.4× | |
| Cash ratio | 0.2×-0.2× | 0.2×-0.2× | 0.2×-0.2× | 0.5×+0.2× | 0.3×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.6×+0.2× | 0.5×+0.1× | 0.5×+0.1× | 0.5×+0.1× | 0.4×0.0× | |
| Debt-to-assets | 0.3×+0.1× | 0.3×+0.1× | 0.3×+0.1× | 0.3×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | 3.9×-0.1× | 3.7×-0.1× | 3.8×— | 4×— | 4×— | |
| Interest coverage | 6.2×+1.0× | 6×+1.3× | 5.8×— | 5.4×— | 5.2×— | |
| Per Share | ||||||
| Book value per share | $19.45-34.5% | $19.29-33.2% | $19.51-34.9% | $30.38+2.7% | $29.71+0.9% | |
| Valuation | ||||||
| Market capitalization | $17.02B-31.7% | $17.54B-32.6% | $16.58B-40.1% | $24.02B-7.9% | $24.9B-17.6% | |
| Enterprise value | $20.24B-27.8% | $20.47B-29.5% | $19.55B-36.7% | $27.16B-7.6% | $28.04B-16.6% | |
| Price / earnings | 31.3×+0.1× | 30.3×-1.0× | 27.5×-3.6× | 31.2×+1.8× | 31.2×-2.4× | |
| Price / sales | 4×-2.1× | 4.2×-2.2× | 4×— | 5.9×— | 6.1×— | |
| Price / book | 2.8×+0.4× | 2.7×+0.2× | 2.5×-0.1× | 2.3×-0.2× | 2.4×-0.5× | |
| EV / EBITDA | 24.7×-10.9× | 25.9×-11.4× | 25.2×— | 34.7×— | 35.6×— | |
| EV / sales | 4.8×-2.1× | 4.9×-2.2× | 4.8×— | 6.6×— | 6.9×— | |
| Free cash flow yield | 5.7%-0.1pp | 5.6%0.0pp | 6.8%+1.7pp | 5.9%+0.8pp | 5.7%+1.3pp | |
| Earnings yield | 3.2%0.0pp | 3.3%+0.1pp | 3.6%+0.4pp | 3.2%-0.2pp | 3.2%+0.2pp | |
| Dividend yield | 0.5%0.0pp | 0.5%+0.1pp | 0.6%+0.2pp | 0.5%0.0pp | 0.4%+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.
