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Fortive FTV Return on invested capital

Return on invested capital at other companies

Dover logo
DoverDOV
15.4%+0.7pp
Emerson Electric logo
Emerson ElectricEMR
9.4%+2.0pp
SPX Technologies logo
SPX TechnologiesSPXC
11.3%+0.7pp
Transcat logo
TranscatTRNS
2.3%-2.7pp
Honeywell International logo
Honeywell InternationalHON
22.1%+7.4pp
Ametek logo
AmetekAME
14.1%+0.4pp

Other financials

Income statement

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Revenue$1.1B+7.9%
Gross profit$695.3M+7.7%
Operating income$209.9M+23.6%
Net income$157.3M-5.6%
EPS (diluted)$0.51+4.1%

Balance sheet

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Cash & equivalents$392.3M-78.6%
Total debt$3.6B-27.7%
Total equity$6.1B-41.6%
Total assets$11.6B-36.3%

Cash flow

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Operating cash flow$286.2M-8.0%
CapEx$28.1M-23.4%
Free cash flow$258.1M-6.0%

Valuation

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Market cap$17.88B+11.9%
Enterprise value$21.09B+10.3%
P/E33.5×+12.7×
P/S4.1×+0.7×

Profitability

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Gross margin63.2%+0.4pp
Operating margin18.2%0.0pp
Net margin12.4%-4.3pp
FCF margin22.1%-7.9pp

Returns & leverage

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Return on equity6.5%-0.9pp
Debt / equity0.6×+0.1×
Current ratio1.2×+0.3×

Where this comes from

Calculated from Fortive’s reported figures.

Based on trailing twelve months.

The source filing: Fortive’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 7:35 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001659166-26-000034

FAQ

What is Fortive's return on invested capital?
Fortive (FTV) reported return on invested capital of 6.2% in Q2 2026.
How has Fortive's return on invested capital changed year-over-year?
Fortive's return on invested capital increased by 17.4% year-over-year, from 5.3% to 6.2%.
What is the long-term trend for Fortive's return on invested capital?
Over 5 years (2020 to 2025), Fortive's return on invested capital has grown at a 5.1% compound annual growth rate (CAGR), from 4.4% to 5.7%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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