Fortive FTV Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 231.2%— | —— | —— | 230.2%+2.3pp | |
| Operating margin | 70%— | —— | —— | 63.6%+5.4pp | |
| Net margin | 66.9%— | —— | —— | 49.4%-63.4pp | |
| EBITDA margin | 76.3%— | —— | —— | 69.3%+5.5pp | |
| Free cash flow margin | 120.6%— | —— | —— | 74.7%-10.9pp | |
| Returns | |||||
| Return on equity | 29.1%-5.2pp | 34.2%+1.0pp | 33.3%+3.8pp | 29.4%-38.2pp | |
| Return on assets | 17.1%-4.0pp | 21%+0.7pp | 20.3%+2.5pp | 17.8%-18.1pp | |
| Return on invested capital | 22.4%— | —— | —— | 26.4%+2.3pp | |
| Efficiency | |||||
| Asset turnover | 1×— | —— | —— | 1.4×+0.2× | |
| Inventory turnover | 16.2×— | —— | —— | 18.2×+2.3× | |
| Liquidity | |||||
| Current ratio | 3.4×-1.8× | 5.1×+0.2× | 5×+1.2× | 3.7×-0.1× | |
| Quick ratio | 2.8×-1.4× | 4.1×+0.1× | 4×+1.1× | 2.9×-0.3× | |
| Cash ratio | 1.2×-0.3× | 1.5×-0.4× | 1.9×+0.8× | 1.1×-0.6× | |
| Leverage | |||||
| Debt-to-equity | 1.9×+0.4× | 1.5×+0.2× | 1.3×-0.2× | 1.5×+0.2× | |
| Debt-to-assets | 1.1×+0.2× | 0.9×+0.1× | 0.8×-0.1× | 0.9×+0.1× | |
| Net debt / EBITDA | 15.5×— | —— | —— | 12.1×+2.5× | |
| Interest coverage | 22.3×— | —— | —— | 38.1×+13.0× | |
| Per Share | |||||
| Book value per share | $98.88-16.1% | $117.86+4.3% | $113.04+7.4% | $105.28-0.7% | |
| Valuation | |||||
| Market capitalization | $83.03B-24.5% | $109.98B+7.4% | $102.36B+20.7% | $84.84B-17.6% | |
| Enterprise value | $95.22B-22.5% | $122.92B+10.3% | $111.48B+15.6% | $96.46B-13.0% | |
| Price / earnings | 120.3×-5.1× | 125.4×-0.5× | 125.8×+3.1× | 122.7×+33.0× | |
| Price / sales | 20.2×— | —— | —— | 15.2×-5.1× | |
| Price / book | 10×-0.5× | 10.5×+0.4× | 10.2×+1.3× | 8.9×-2.2× | |
| EV / EBITDA | 121.4×— | —— | —— | 99.7×-37.7× | |
| EV / sales | 23.2×— | —— | —— | 17.2×-4.6× | |
| Free cash flow yield | 24%+3.8pp | 20.2%+1.1pp | 19.1%-0.6pp | 19.7%+2.9pp | |
| Earnings yield | 13.3%+0.6pp | 12.8%+0.1pp | 12.7%-0.3pp | 13.1%-9.3pp | |
| Dividend yield | 2%+0.4pp | 1.6%0.0pp | 1.6%-0.3pp | 1.9%+0.4pp |
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.
