What is Fortive Corporation's earnings per share (EPS)?

Fortive Corporation (FTV) reported diluted earnings per share of $1.73 for fiscal year 2025. This represents a -26.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Fortive Corporation (FTV) Financials

FTV

Trailing 12 months to April 3, 2026

Revenue $4.2B +3.6% YoY

Net Income $543.7M -31.8% YoY

EPS (Diluted) $1.67 -26.8% YoY

Free Cash Flow $954.0M -32.7% YoY

Market Cap $17.3B as of Oct 12, 2026

Price / Sales 4.1x on $4.2B revenue, trailing 12 months to April 3, 2026

Price / Earnings 31.9x on $543.7M net income, trailing 12 months to April 3, 2026

Price / Book 2.8x on $6.1B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Apr 3, 2026 Reported Apr 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FTV SEC filings page.

Fortive Corporation (FTV) reported $4.2B in revenue over the twelve months to Apr 3, 2026, up 3.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FTV FY2025 2026-10-03

Fortive’s stable revenue and operating margins mask a sharp 2025 earnings and cash setback, alongside a more constrained short-term balance sheet.

Net income fell 36% while operating margin held near 17%, indicating pressure below the operating line rather than a collapse in core operating profitability. Operating cash flow was $1.08B and free cash flow $978M, both lower than FY2024, so the weakness also reached cash generation.

Free cash flow margin fell from 35.3% to 23.5%, meaning less cash was retained per revenue dollar even as sales stayed broadly stable. Free cash flow still exceeded net income by 1.8x, so FY2025 profit remained supported by cash generation rather than merely reported earnings.

By FY2025, current liabilities exceeded current assets and leverage was higher than FY2024, making the funding posture less liquid. Buybacks of $1.61B reduced shares to 307.9M, materially changing the equity base while the balance sheet contracted.

Financial Health Signals

Financial Health Score 54/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Fortive Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Fortive Corporation has an operating margin of 17.3%, meaning the company retains $17 of operating profit per $100 of revenue. This strong profitability earns a score of 86/100, reflecting efficient cost management and pricing power. This is down from 17.5% the prior year.

Growth

Fortive Corporation's revenue grew a modest 1.9% year-over-year to $4.2B. This slow but positive growth earns a score of 42/100.

Leverage

Fortive Corporation has a moderate D/E ratio of 0.36. This balance of debt and equity financing earns a leverage score of 35/100.

Liquidity

Fortive Corporation's current ratio of 0.71 is below the typical benchmark, resulting in a score of 8/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Fortive Corporation converts 23.5% of revenue into free cash flow ($978.1M). This strong cash generation earns a score of 94/100.

Returns

Fortive Corporation's ROE of 8.3% shows moderate profitability relative to equity, earning a score of 58/100. This is up from 8.2% the prior year.

Altman Z-Score Safe

3.11

Fortive Corporation scores 3.11, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($17.3B) relative to total liabilities ($5.3B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

5/9

Fortive Corporation passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

2.03x

For every $1 of reported earnings, Fortive Corporation generates $2.03 in operating cash flow ($1.1B OCF vs $532.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

5.98x

Fortive Corporation earns $5.98 in operating income for every $1 of interest expense ($720.2M vs $120.5M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.1B

YoY+5.2%

QoQ-4.7%

Fortive Corporation generated $1.1B in revenue in Q2 2026. This represents an increase of 5.2% from the same quarter a year earlier. Against the prior quarter it is down 4.7%.

EBITDA

$305.3M

YoY-0.7%

QoQ-9.4%

Fortive Corporation's EBITDA was $305.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.7% from the same quarter a year earlier. Against the prior quarter it is down 9.4%.

Net Income

$136.4M

YoY-18.1%

QoQ-26.5%

Fortive Corporation reported $136.4M in net income in Q2 2026. This represents a decrease of 18.1% from the same quarter a year earlier. Against the prior quarter it is down 26.5%.

EPS (Diluted)

$0.44

YoY-10.2%

QoQ-24.1%

5Y CAGR-6.3%

Fortive Corporation earned $0.44 per diluted share (EPS) in Q2 2026. This represents a decrease of 10.2% from the same quarter a year earlier. Against the prior quarter it is down 24.1%.

Cash & Balance Sheet

Free Cash Flow

$208.2M

YoY-24.2%

QoQ-37.9%

5Y CAGR-15.0%

Fortive Corporation generated $208.2M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 24.2% from the same quarter a year earlier. Against the prior quarter it is down 37.9%.

Cash & Debt

$356.1M

YoY-80.6%

QoQ-5.2%

5Y CAGR-24.9%

Fortive Corporation held $356.1M in cash against $2.6B in long-term debt as of Q2 2026.

Shares Outstanding

305M

YoY-9.9%

QoQ-1.0%

5Y CAGR-2.0%

Fortive Corporation had 305M shares outstanding in Q2 2026. This represents a decrease of 9.9% from the same quarter a year earlier. Against the prior quarter it is down 1.0%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

63.2%

YoY-0.3pp

QoQ0.0pp

Fortive Corporation's gross margin was 63.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.3 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.

Operating Margin

17.9%

YoY+1.2pp

QoQ-2.2pp

Fortive Corporation's operating margin was 17.9% in Q2 2026, reflecting core business profitability. This is up 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.2 percentage points.

Net Margin

12.8%

YoY-3.6pp

QoQ-3.8pp

Fortive Corporation's net profit margin was 12.8% in Q2 2026, showing the share of revenue converted to profit. This is down 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.8 percentage points.

Return on Equity

2.2%

YoY+0.6pp

QoQ-0.6pp

Fortive Corporation's ROE was 2.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.

Capital Allocation

R&D Spending

$66.5M

YoY-39.1%

Fortive Corporation invested $66.5M in research and development in Q2 2026. This represents a decrease of 39.1% from the same quarter a year earlier.

Share Buybacks

$500.2M

YoY+252.5%

QoQ+88.8%

Fortive Corporation spent $500.2M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 252.5% from the same quarter a year earlier. Against the prior quarter it is up 88.8%.

Capital Expenditures

$26.6M

YoY-27.5%

QoQ-12.5%

5Y CAGR+14.7%

Fortive Corporation invested $26.6M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 27.5% from the same quarter a year earlier. Against the prior quarter it is down 12.5%.

FTV Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FTV quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Revenue	$4.2B	$4.2B+1.9%	$4.1B+4.3%	$3.9B-32.8%	$5.8B+10.9%	$5.3B+13.4%	$4.6B+1.5%	$4.6B-29.3%	$6.5B+12.1%	$5.8B+7.0%	$5.4B-13.0%	$6.2B-2.5%	$6.3B
Cost of Revenue	N/A	$1.5B+3.8%	$1.5B+1.7%	$1.4B-41.6%	$2.5B+9.6%	$2.2B+10.9%	$2.0B-2.6%	$2.1B+28.9%	$1.6B-43.1%	$2.8B+5.3%	$2.7B-15.3%	$3.2B-3.3%	$3.3B
Gross Profit	$2.7B	$2.6B+0.8%	$2.6B+5.7%	$2.5B-26.4%	$3.4B+11.8%	$3.0B+15.3%	$2.6B+5.0%	$2.5B+13.6%	$2.2B-25.2%	$2.9B+8.8%	$2.7B-10.5%	$3.0B-1.6%	$3.0B
R&D Expenses	N/A	$259.2M+3.1%	$251.3M+6.0%	$237.0M-41.0%	$401.5M+13.2%	$354.8M+10.6%	$320.7M+0.1%	$320.3M+15.2%	$278.1M-24.7%	$369.3M+5.2%	$351.0M-7.1%	$377.7M-2.6%	$387.6M
SG&A Expenses	N/A	$1.7B+0.6%	$1.7B-0.9%	$1.7B-14.8%	$2.0B+6.4%	$1.8B+5.2%	$1.7B+1.7%	$1.7B+36.1%	$1.3B-10.4%	$1.4B+10.7%	$1.3B-5.9%	$1.4B-4.5%	$1.4B
Operating Income	$746.6M	$720.2M+0.5%	$716.3M+24.8%	$574.0M-41.9%	$987.4M+21.5%	$812.8M+50.7%	$539.4M+21.5%	$443.9M-31.2%	$645.3M-43.5%	$1.1B+7.7%	$1.1B-16.4%	$1.3B+2.0%	$1.2B
EBITDA	N/A	$1.2B+0.9%	$1.1B+14.7%	$1.0B-31.2%	$1.5B+20.3%	$1.2B+30.9%	$923.4M+17.6%	$785.4M-4.2%	$819.5M-37.0%	$1.3B+6.4%	$1.2B-15.5%	$1.4B+1.6%	$1.4B
Interest Expense	N/A	-$120.5M+21.1%	-$152.8M-23.7%	-$123.5M-25.6%	-$98.3M-195.3%	$103.2M-30.5%	$148.5M+4.1%	$142.6M+84.7%	$77.2M-13.0%	$88.7M+91.2%	$46.4M	$0	$0
Income Tax	N/A	$69.5M+192.0%	$23.8M-3.6%	$24.7M-79.1%	$118.3M+86.9%	$63.3M+14.1%	$55.5M-19.1%	$68.6M-9.3%	$75.6M-60.1%	$189.3M-30.0%	$270.3M-33.4%	$405.9M+2.6%	$395.8M
Net Income	$543.7M	$532.7M-36.0%	$832.9M-3.8%	$865.8M+14.6%	$755.2M+24.1%	$608.4M-62.3%	$1.6B+118.3%	$738.9M-74.6%	$2.9B+179.0%	$1.0B+19.7%	$872.3M+1.0%	$863.8M-2.2%	$883.4M
EPS (Basic)	N/A	$1.74-27.2%	$2.39-2.8%	$2.46+16.0%	$2.12+29.3%	$1.64-64.2%	$4.58+130.2%	$1.99-76.1%	$8.33+176.7%	$3.01+19.4%	$2.52+0.8%	$2.50-2.3%	$2.56
EPS (Diluted)	$1.67	$1.73-26.7%	$2.36-2.9%	$2.43+15.7%	$2.10+28.8%	$1.63-63.7%	$4.49+127.9%	$1.97-76.0%	$8.21+177.4%	$2.96+17.9%	$2.51	$2.50-2.3%	$2.56
Diluted Shares (Avg)	N/A	335M-5.2%	353M-0.8%	356M-1.4%	361M+2.4%	352M-1.9%	359M+5.6%	340M-3.1%	351M-0.5%	353M+1.5%	347M	345M0.0%	345M

Metric	Q2'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-Q	Q4'2410-K	Q3'2410-K	Q2'2410-K
Revenue	$1.1B+5.2%	$1.1B+4.6%	$1.0B+2.3%	$1.0B-0.4%	$993.1M+0.9%	$1.1B	$1.0B-32.8%	$1.0B-33.2%
Cost of Revenue	$393.9M-36.8%	N/A	$377.9M+4.3%	$623.1M-0.2%	$355.6M-42.7%	N/A	$362.2M-39.8%	$624.1M+0.5%
Gross Profit	$675.5M+4.6%	$708.9M+1.9%	$649.2M+1.2%	$645.5M-1.2%	$637.5M+1.4%	$695.5M	$641.5M-28.2%	$653.6M-27.8%
R&D Expenses	$66.5M-39.1%	N/A	$62.0M0.0%	$109.2M+8.0%	$64.0M-38.5%	N/A	$62.0M-37.0%	$101.1M+1.0%
SG&A Expenses	$417.3M-26.0%	N/A	$427.6M+4.9%	$564.3M+7.4%	$408.2M-27.2%	N/A	$407.5M-19.1%	$525.4M+2.2%
Operating Income	$191.7M+12.9%	$225.5M+6.3%	$159.6M-7.2%	$169.8M-6.9%	$165.3M+10.3%	$212.2M	$172.0M-40.9%	$182.3M-37.4%
EBITDA	$305.3M-0.7%	$336.8M+5.2%	$268.7M-4.0%	$307.6M-3.5%	$273.3M-4.6%	$320.3M	$279.8M-10.6%	$318.8M+1.9%
Interest Expense	-$31.6M+1.6%	N/A	-$25.4M+31.5%	-$32.1M+17.1%	-$32.0M+27.3%	N/A	-$37.1M-224.5%	-$38.7M-216.9%
Income Tax	$27.2M+7.1%	N/A	$18.0M+850.0%	$25.4M-24.4%	$21.1M-20.7%	N/A	-$2.4M-106.1%	$33.6M-18.8%
Net Income	$136.4M-18.1%	$185.7M-11.1%	$55.0M-75.2%	$166.6M-14.6%	$171.9M-17.1%	$208.8M	$221.6M+1.7%	$195.1M-6.7%
EPS (Basic)	$0.44-10.2%	$0.59-3.3%	$0.17-73.0%	$0.49-12.5%	$0.50-15.3%	$0.61-19.7%	$0.63+1.6%	$0.56-5.1%
EPS (Diluted)	$0.44-10.2%	$0.58-3.3%	$0.16-74.6%	$0.49-10.9%	$0.50-13.8%	$0.60-18.9%	$0.63+3.3%	$0.55-6.8%
Diluted Shares (Avg)	313M-8.5%	N/A	333M-5.4%	342M-3.7%	345M-3.2%	N/A	352M-1.1%	355M-0.2%

FTV Balance Sheet

FTV quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Total Assets	$11.7B-31.0%	$17.0B+0.6%	$16.9B+6.4%	$15.9B-3.5%	$16.5B+2.6%	$16.1B-8.0%	$17.4B+35.1%	$12.9B+22.9%	$10.5B+28.2%	$8.2B+13.6%	$7.2B-2.0%	$7.4B
Current Assets	$1.6B-38.1%	$2.6B-29.4%	$3.7B+48.2%	$2.5B-1.5%	$2.5B-43.4%	$4.4B+20.6%	$3.7B+16.3%	$3.2B+8.0%	$2.9B+18.0%	$2.5B+56.1%	$1.6B	N/A
Cash & Equivalents	$375.5M-53.8%	$813.3M-56.9%	$1.9B+166.3%	$709.2M-13.4%	$819.3M-55.1%	$1.8B+51.4%	$1.2B+2.3%	$1.2B+22.5%	$962.1M+19.8%	$803.2M	$0	$0
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$291.8M+8.2%	$269.8M-49.7%	$536.9M0.0%	$536.7M+4.7%	$512.7M+12.6%	$455.5M+9.4%	$416.2M-27.6%	$574.5M+13.4%	$506.7M-7.0%	$544.6M+4.1%	$522.9M	N/A
Accounts Receivable	$683.6M+3.4%	$661.3M-31.2%	$960.8M+0.2%	$958.5M+3.0%	$930.2M+14.8%	$810.3M-9.0%	$890.7M-25.5%	$1.2B+17.1%	$1.0B+7.9%	$945.4M-3.5%	$979.3M	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$7.3B+1.1%	$7.2B-0.7%	$7.3B-19.7%	$9.0B-1.1%	$9.2B+24.4%	$7.4B+1.6%	$7.2B+45.0%	$5.0B+9.5%	$4.6B+32.4%	$3.4B-12.8%	$3.9B-1.2%	$4.0B
Total Liabilities	$5.3B-22.6%	$6.8B+3.6%	$6.6B+6.2%	$6.2B-10.7%	$7.0B-1.9%	$7.1B-29.5%	$10.1B+59.3%	$6.3B-6.0%	$6.7B+22.0%	$5.5B+170.9%	$2.0B	N/A
Current Liabilities	$2.2B+0.4%	$2.2B+25.0%	$1.8B-34.3%	$2.7B-26.6%	$3.7B+29.9%	$2.9B-17.5%	$3.5B+58.2%	$2.2B+36.8%	$1.6B+9.3%	$1.5B+10.8%	$1.3B	N/A
Non-Current Liabilities	$3.0B-33.8%	$4.6B-4.4%	$4.8B+38.0%	$3.5B+7.5%	$3.2B-23.4%	$4.2B-35.8%	$6.6B+59.9%	$4.1B-19.4%	$5.1B+26.6%	$4.0B+470.3%	$707.6M	N/A
Long-Term Debt	$2.3B-30.8%	$3.3B-8.6%	$3.6B+61.9%	$2.3B+24.6%	$1.8B-36.1%	$2.8B-41.4%	$4.8B+62.2%	$3.0B-26.7%	$4.1B+20.8%	$3.4B	$0	N/A
Total Equity	$6.5B-36.7%	$10.2B-1.3%	$10.3B+6.6%	$9.7B+1.8%	$9.5B+6.1%	$9.0B+21.4%	$7.4B+12.0%	$6.6B+74.0%	$3.8B+41.0%	$2.7B-48.1%	$5.2B	N/A
Retained Earnings	$5.4B-34.0%	$8.2B+9.6%	$7.5B+11.3%	$6.7B+11.9%	$6.0B+8.6%	$5.5B+34.4%	$4.1B+16.2%	$3.6B+163.1%	$1.4B+235.1%	$403.0M	$0	N/A

Metric	Q2'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-Q	Q4'2410-K	Q3'2410-K	Q2'2410-K
Total Assets	$11.6B-36.5%	$11.7B-31.0%	$11.9B-31.9%	$18.2B+5.5%	$17.1B-2.2%	$17.0B+0.6%	$17.5B+11.4%	$17.3B+9.9%
Current Assets	$1.5B-58.0%	$1.6B-38.1%	$1.7B-34.3%	$3.7B+46.2%	$2.7B+3.5%	$2.6B-29.4%	$2.6B+6.7%	$2.5B+1.8%
Cash & Equivalents	$356.1M-80.6%	$375.5M-53.8%	$430.8M-46.9%	$1.8B+184.5%	$892.1M+26.6%	$813.3M-56.9%	$811.3M+13.6%	$644.1M-9.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$305.5M-50.0%	$291.8M+8.2%	$310.6M-44.9%	$610.4M+6.7%	$568.0M-2.2%	$269.8M-49.7%	$563.9M+2.1%	$572.0M+1.9%
Accounts Receivable	$647.0M-29.1%	$683.6M+3.4%	$633.6M-30.5%	$912.2M-2.4%	$929.3M-3.5%	$661.3M-31.2%	$912.2M-1.4%	$934.5M-0.1%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$7.3B-29.9%	$7.3B+1.1%	$7.3B-29.5%	$10.4B+1.8%	$10.2B+0.1%	$7.2B-0.7%	$10.3B+13.9%	$10.2B+12.9%
Total Liabilities	$5.5B-30.0%	$5.3B-22.6%	$5.4B-22.0%	$7.9B+15.9%	$6.9B-2.0%	$6.8B+3.6%	$6.9B+23.5%	$6.8B+17.7%
Current Liabilities	$2.2B-41.7%	$2.2B+0.4%	$2.5B+17.6%	$3.7B+83.1%	$2.7B+56.8%	$2.2B+25.0%	$2.1B-13.2%	$2.0B-20.9%
Non-Current Liabilities	$3.3B-19.5%	$3.0B-33.8%	$2.9B-39.3%	$4.1B-13.2%	$4.2B-21.3%	$4.6B-4.4%	$4.8B+51.5%	$4.7B+49.1%
Long-Term Debt	$2.6B-10.9%	$2.3B-30.8%	$2.1B-38.7%	$2.9B-14.4%	$2.9B-25.7%	$3.3B-8.6%	$3.5B+74.1%	$3.4B+71.7%
Total Equity	$6.1B-41.4%	$6.5B-36.7%	$6.5B-38.4%	$10.4B-1.1%	$10.2B-2.3%	$10.2B-1.3%	$10.6B+4.7%	$10.5B+5.4%
Retained Earnings	$5.5B-34.8%	$5.4B-34.0%	$5.3B-34.6%	$8.5B+8.4%	$8.4B+8.9%	$8.2B+9.6%	$8.0B+10.7%	$7.9B+11.0%

FTV Cash Flow Statement

FTV quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Operating Cash Flow	$1.1B	$1.1B-29.1%	$1.5B+12.8%	$1.4B+3.9%	$1.3B+35.6%	$961.1M-33.1%	$1.4B+13.0%	$1.3B-5.4%	$1.3B+14.3%	$1.2B+3.5%	$1.1B+12.7%	$1.0B+6.6%	$946.7M
Depreciation & Amortization	N/A	$437.6M+1.6%	$430.9M+1.1%	$426.2M-8.5%	$465.6M+17.7%	$395.5M+3.0%	$384.0M+12.4%	$341.5M+96.0%	$174.2M+10.0%	$158.3M-1.6%	$160.9M-9.0%	$176.9M-0.6%	$178.0M
Stock-Based Compensation	N/A	$116.8M+29.6%	$90.1M-4.7%	$94.5M+0.7%	$93.8M+21.2%	$77.4M+23.6%	$62.6M+19.2%	$52.5M+29.3%	$40.6M-8.1%	$44.2M+8.6%	$40.7M+15.6%	$35.2M+14.3%	$30.8M
Capital Expenditures	$122.3M	$105.1M+22.1%	$86.1M+9.5%	$78.6M-18.0%	$95.8M+91.6%	$50.0M-33.9%	$75.7M+1.6%	$74.5M+6.6%	$69.9M-37.1%	$111.1M+0.9%	$110.1M-8.3%	$120.1M+17.1%	$102.6M
Free Cash Flow	$954.0M	$978.1M-32.1%	$1.4B+13.0%	$1.3B+5.6%	$1.2B+32.5%	$911.1M-33.1%	$1.4B+13.7%	$1.2B-6.1%	$1.3B+19.6%	$1.1B+3.7%	$1.0B+15.5%	$888.9M+5.3%	$844.1M
Investing Cash Flow	-$135.9M	-$135.4M+92.5%	-$1.8B-819.1%	-$195.4M-90.6%	-$102.5M+96.1%	-$2.6B-1662.5%	-$148.4M+96.3%	-$4.1B-106.2%	-$2.0B-17.8%	-$1.7B-437.2%	-$310.8M-78.5%	-$174.1M+40.2%	-$291.1M
Financing Cash Flow	-$1.5B	-$1.4B-74.9%	-$792.7M-2554.2%	$32.3M+102.5%	-$1.3B-295.2%	$652.0M+193.7%	-$696.1M-124.8%	$2.8B+218.8%	$879.1M+46.6%	$599.7M+15681.6%	$3.8M+100.5%	-$834.9M-27.3%	-$655.6M
Dividends Paid	$83.4M	$92.2M-17.1%	$111.2M+9.0%	$102.0M+2.5%	$99.5M+1.8%	$97.7M+3.5%	$94.4M+0.6%	$93.8M-2.9%	$96.6M-0.6%	$97.2M+100.8%	$48.4M	$0	$0
Share Buybacks	$1.9B	$1.6B+81.0%	$889.6M+226.0%	$272.9M-38.4%	$442.9M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-Q	Q4'2410-K	Q3'2410-K	Q2'2410-K
Operating Cash Flow	$234.8M-24.6%	$365.9M-27.1%	$164.4M-64.2%	$311.2M+0.7%	$241.7M-5.8%	$502.2M+12.4%	$459.0M+11.6%	$308.9M-3.8%
Depreciation & Amortization	$113.6M-17.6%	$111.3M+3.0%	$109.1M+1.2%	$137.8M+1.0%	$108.0M-21.1%	$108.1M	$107.8M+394.5%	$136.5M+529.0%
Stock-Based Compensation	$21.3M-22.3%	N/A	$50.9M+122.3%	$27.4M+13.2%	$23.4M-19.0%	N/A	$22.9M-22.4%	$24.2M-16.6%
Capital Expenditures	$26.6M-27.5%	$30.4M+34.5%	$28.6M+32.4%	$36.7M+25.7%	$21.1M-20.1%	$22.6M+361.2%	$21.6M-22.6%	$29.2M+39.0%
Free Cash Flow	$208.2M-24.2%	$335.5M-30.0%	$135.8M-69.0%	$274.5M-1.9%	$220.6M-4.2%	$479.6M+8.5%	$437.4M+14.1%	$279.7M-6.8%
Investing Cash Flow	-$26.7M-8.5%	-$56.2M-1578.9%	-$28.4M-61.4%	-$24.6M+45.1%	-$26.2M+98.5%	$3.8M+105.3%	-$17.6M+78.9%	-$44.8M-178.3%
Financing Cash Flow	-$228.5M-135.1%	-$363.5M+26.7%	-$1.5B-444.2%	$650.3M+302.0%	-$141.0M-145.9%	-$496.0M-162.1%	-$281.6M+13.3%	-$322.0M-26.6%
Dividends Paid	$18.4M-31.9%	$18.8M-31.1%	$19.2M-30.9%	$27.0M-3.6%	$27.2M-3.2%	$27.3M-2.8%	$27.8M+13.0%	$28.0M+13.8%
Share Buybacks	$500.2M+252.5%	$265.0M-43.2%	$1.0B+270.5%	$141.9M-7.2%	$202.6M	$466.6M+617.8%	$270.1M+242.8%	$152.9M+18.4%

FTV Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FTV quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Gross Margin	63.5%-0.7pp	64.2%+0.9pp	63.3%+5.6pp	57.7%+0.5pp	57.2%+0.9pp	56.3%+1.9pp	54.4%+20.5pp	33.9%-16.9pp	50.7%+0.8pp	49.9%+1.4pp	48.5%+0.4pp	48.1%
Operating Margin	17.3%-0.2pp	17.5%+2.9pp	14.7%-2.3pp	17.0%+1.5pp	15.5%+3.8pp	11.6%+1.9pp	9.7%-0.3pp	10.0%-9.9pp	19.9%+0.1pp	19.7%-0.8pp	20.5%+0.9pp	19.7%
Net Margin	12.8%-7.6pp	20.4%-1.7pp	22.1%+9.2pp	13.0%+1.4pp	11.6%-23.2pp	34.8%+18.6pp	16.2%-29.0pp	45.2%+27.0pp	18.1%+1.9pp	16.2%+2.2pp	14.0%0.0pp	13.9%
Return on Equity	8.3%+0.1pp	8.2%-0.2pp	8.4%+0.6pp	7.8%+1.4pp	6.4%-11.6pp	18.0%+8.0pp	10.0%-34.2pp	44.2%+16.6pp	27.6%-4.9pp	32.5%+15.8pp	16.7%	N/A
Return on Assets	4.5%-0.3pp	4.9%-0.2pp	5.1%+0.4pp	4.8%+1.1pp	3.7%-6.4pp	10.1%+5.8pp	4.2%-18.3pp	22.6%+12.6pp	10.0%-0.7pp	10.7%-1.3pp	12.0%0.0pp	12.0%
Current Ratio	0.71-0.4x	1.16-0.9x	2.05+1.1x	0.91+0.2x	0.68-0.9x	1.55+0.5x	1.06-0.4x	1.45-0.4x	1.83+0.1x	1.70+0.5x	1.20	N/A
Debt-to-Equity	0.360.0x	0.330.0x	0.35+0.1x	0.230.0x	0.19-0.1x	0.32-0.3x	0.65+0.2x	0.45-0.6x	1.07-0.2x	1.25+1.2x	0.00	N/A
Asset Turnover	0.35+0.1x	0.240.0x	0.23-0.1x	0.370.0x	0.320.0x	0.290.0x	0.26-0.2x	0.500.0x	0.55-0.1x	0.66-0.2x	0.860.0x	0.86
FCF Margin	23.5%-11.8pp	35.3%+2.7pp	32.6%+11.8pp	20.7%+3.4pp	17.3%-12.0pp	29.4%+3.1pp	26.2%+6.5pp	19.8%+1.2pp	18.5%-0.6pp	19.1%+4.7pp	14.4%+1.1pp	13.3%

Metric	Q2'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K	Q1'2510-Q	Q4'2410-K	Q3'2410-K	Q2'2410-K
Gross Margin	63.2%-0.3pp	63.1%-1.7pp	63.2%-0.7pp	63.5%-0.6pp	64.2%+0.3pp	64.8%	63.9%+4.2pp	64.1%+4.8pp
Operating Margin	17.9%+1.2pp	20.1%+0.3pp	15.5%-1.6pp	16.7%-1.2pp	16.6%+1.4pp	19.8%	17.1%-2.3pp	17.9%-1.2pp
Net Margin	12.8%-3.6pp	16.5%-2.9pp	5.3%-16.7pp	16.4%-2.7pp	17.3%-3.8pp	19.5%	22.1%+7.5pp	19.1%+5.4pp
Return on Equity	2.2%+0.6pp	2.9%+0.8pp	0.9%-1.3pp	1.6%-0.3pp	1.7%-0.3pp	2.1%	2.1%-0.1pp	1.9%-0.2pp
Return on Assets	1.2%+0.3pp	1.6%+0.4pp	0.5%-0.8pp	0.9%-0.2pp	1.0%-0.2pp	1.2%	1.3%-0.1pp	1.1%-0.2pp
Current Ratio	0.71-0.3x	0.71-0.4x	0.70-0.6x	0.98-0.2x	0.99-0.5x	1.16-0.9x	1.25+0.2x	1.23+0.3x
Debt-to-Equity	0.43+0.1x	0.360.0x	0.330.0x	0.280.0x	0.29-0.1x	0.330.0x	0.33+0.1x	0.32+0.1x
Asset Turnover	0.090.0x	0.100.0x	0.090.0x	0.060.0x	0.060.0x	0.06	0.060.0x	0.060.0x
FCF Margin	19.5%-7.5pp	29.9%-14.8pp	13.2%-30.4pp	27.0%-0.4pp	22.2%-1.2pp	44.7%	43.6%+17.9pp	27.4%+7.8pp

Note: The current ratio is below 1.0 (0.71), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Fortive Corporation FTV	FY2025	$4.2B	$532.7M	12.8%	$17.3B	54/100
Coherent Corp. COHR	FY2026	$7.1B	$805.0M	11.3%	$61.6B	51/100
Trimble Inc. TRMB	FY2025	$3.6B	$424.0M	11.8%	$14.0B	41/100
Teledyne Technologies Incorporated TDY	FY2025	$6.1B	$894.8M	14.6%	$28.4B	62/100
Keysight Technologies, Inc. KEYS	FY2025	$5.4B	$850.0M	15.8%	$65.2B	66/100
Garmin Ltd GRMN	FY2025	$7.2B	$1.7B	23.0%	$51.8B	84/100

Where Fortive Corporation Ranks

Frequently Asked Questions

What is Fortive Corporation's annual revenue?

Fortive Corporation (FTV) reported $4.2B in total revenue for fiscal year 2025. This represents a 1.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Fortive Corporation's revenue growing?

Fortive Corporation (FTV) revenue grew by 1.9% year-over-year, from $4.1B to $4.2B in fiscal year 2025.

Is Fortive Corporation profitable?

Yes, Fortive Corporation (FTV) reported a net income of $532.7M in fiscal year 2025, with a net profit margin of 12.8%.

What is Fortive Corporation's EBITDA?

Fortive Corporation (FTV) had EBITDA of $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Fortive Corporation have?

As of fiscal year 2025, Fortive Corporation (FTV) had $375.5M in cash and equivalents against $2.3B in long-term debt.

What is Fortive Corporation's gross margin?

Fortive Corporation (FTV) had a gross margin of 63.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Fortive Corporation's operating margin?

Fortive Corporation (FTV) had an operating margin of 17.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Fortive Corporation's net profit margin?

Fortive Corporation (FTV) had a net profit margin of 12.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Fortive Corporation's return on equity (ROE)?

Fortive Corporation (FTV) has a return on equity of 8.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Fortive Corporation's free cash flow?

Fortive Corporation (FTV) generated $978.1M in free cash flow during fiscal year 2025. This represents a -32.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Fortive Corporation's operating cash flow?

Fortive Corporation (FTV) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Fortive Corporation's total assets?

Fortive Corporation (FTV) had $11.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Fortive Corporation's capital expenditures?

Fortive Corporation (FTV) invested $105.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Fortive Corporation spend on research and development?

Fortive Corporation (FTV) invested $259.2M in research and development during fiscal year 2025.

Does Fortive Corporation buy back shares?

Yes, Fortive Corporation (FTV) spent $1.6B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Fortive Corporation have outstanding?

Fortive Corporation (FTV) had 308M shares outstanding as of fiscal year 2025.

What is Fortive Corporation's current ratio?

Fortive Corporation (FTV) had a current ratio of 0.71 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Fortive Corporation's debt-to-equity ratio?

Fortive Corporation (FTV) had a debt-to-equity ratio of 0.36 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Fortive Corporation's return on assets (ROA)?

Fortive Corporation (FTV) had a return on assets of 4.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Fortive Corporation's P/E ratio?

Fortive Corporation (FTV) trades at 31.9x earnings, its market capitalization divided by net income of $543.7M net income, trailing 12 months to April 3, 2026. The market capitalization is $17.3B as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Fortive Corporation's price-to-sales ratio?

Fortive Corporation (FTV) trades at 4.1x sales, its market capitalization divided by revenue of $4.2B revenue, trailing 12 months to April 3, 2026. The market capitalization is $17.3B as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Fortive Corporation's Altman Z-Score?

Fortive Corporation (FTV) has an Altman Z-Score of 3.11, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Fortive Corporation's Piotroski F-Score?

Fortive Corporation (FTV) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Fortive Corporation's earnings high quality?

Fortive Corporation (FTV) has an earnings quality ratio of 2.03x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Fortive Corporation cover its interest payments?

Fortive Corporation (FTV) has an interest coverage ratio of 5.98x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Fortive Corporation?

Fortive Corporation (FTV) scores 54 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.