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FTV

S&P 500
Weak · 36/100

Fortive

Industrials
Industrial Machinery & Supplies & Components

$61.67

1.0%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 16.0% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$18.61B

P/E

34.22x

Forward P/E (est.)

46.51x

ROE

7.4%

Revenue Growth

-23.4%

EPS Growth

-26.4%

Profit Margin

11.5%

FCF Yield

5.9%

Debt / Equity

0.5x

ROIC

6.0%

Interest Coverage

Current Ratio

0.71x

Dividend Yield

0.4%

Implied Growth (rev. DCF)

3.6%

Rating Score

36/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what FTV's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. FTV trades near $61.67, above its 50-day average ($60.15) and 200-day average ($54.94). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 57 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. FTV's is $1.57 (~2.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month FTV found buyers near $57.38 (support) and sellers near $63.40 (resistance); its 52-week range is $46.34–$63.40. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.0× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Fortive (FTV) is a large-cap company in the Industrial Machinery & Supplies & Components industry, part of the Industrials sector of the S&P 500, with a market value around $18.61B.

In its latest reported year it generated about $4.16B in revenue and $579.20M in net profit.

Our model rates FTV Weak (36/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

-5.7%

Revenue moved from $5.25B in 2021 to $4.16B in 2025, a -5.7% compound annual growth rate. The most recent year declined 23.4% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?

Profitability
Research

Gross Margin

63.5%

Operating Margin

17.3%

Net Margin

13.9%

ROE

7.4%

Fortive keeps about 11.5% of each sales dollar as net profit, with a 63.5% gross margin and 17.3% operating margin. Return on equity is 7.4% and return on invested capital about 6.0%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research

Total Debt

$3.49B

Net Debt

$3.13B

Net Debt / EBITDA

4.35x

Debt / Equity

0.5x

Leverage: debt-to-equity is 0.5x, with a current ratio of 0.7x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $3.49B of total debt against $356.10M of cash.

Cash Flow Analysis
Research

Operating CF

$1.08B

Free Cash Flow

$978.10M

FCF Margin

23.5%

In the latest year Fortive produced about $1.08B of operating cash flow and $978.10M of free cash flow after capital spending. That is a free-cash-flow yield of about 5.9% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

34.22x

P/S

4.5x

P/B

2.7x

EV / EBITDA

18.88x

FTV trades at 34.2x trailing earnings (about 46.5x on estimated forward earnings), 4.5x sales, and 2.7x book value. Reverse-engineering today's price implies the market expects roughly 3.6% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
34.2xExpensive
Forward P/E
46.5xExpensive
P/S ratio
4.5xExpensive
Revenue growth
-23.4%Weak
EPS growth
-26.4%Weak
Gross margin
63.5%Strong
Net margin
11.5%Strong
ROE
7.4%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How FTV stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

In the Industrials sector (80 S&P 500 companies), FTV ranks #72 of 80 by our overall rating. It trades at roughly in line versus the sector on earnings (34.2x P/E vs. 30x median) with a lower return on equity (7.4% vs. 24.7%) and slower revenue growth (-23.4% vs. 5.0%).

P/E vs sector

34.2x

median 30x

ROE vs sector

7.4%

median 24.7%

Growth vs sector

-23.4%

median 5.0%

Sector rank

#72

of 80 by rating

CompanyP/ERev Gr.Rating
FTVThis stock34.2x-23.4%Weak· 36
SNA19.4x4.2%Favorable· 61
IEX32.7x7.5%Neutral· 51
NDSN31.5x7.4%Neutral· 57
SWK36.5x2.0%Weak· 30
XYL26.7x5.7%Neutral· 47
HUBB30.6x7.2%Neutral· 56
OTIS18.5x3.3%Neutral· 54
Industrials median30x5.0%52/100

Valuation vs. quality map

sector medianSNAIEXNDSNSWKXYLHUBBOTISFTVP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$44.28$75.28

vs. $61.67 today · expected CAGR -6%4%

Metric20262027202820292030
Revenue$4.28B$4.41B$4.54B$4.68B$4.82B
Net income$599.74M$617.73M$636.27M$655.35M$675.02M
EPS$1.97$2.03$2.09$2.15$2.21
Share price (low)$39.35$40.53$41.74$42.99$44.28
Share price (high)$66.89$68.89$70.96$73.09$75.28
CAGR (low–high)-36% / 8%-19% / 6%-12% / 5%-9% / 4%-6% / 4%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for FTV:

  • Healthy free-cash-flow yield (~5.9%) funds buybacks and dividends.
  • A conservative balance sheet (debt/equity 0.5x) lowers risk.
Bear Case

The case against FTV:

  • Revenue growth is slow/negative (-23.4%), limiting the upside engine.
  • Our model's overall read is Weak (36/100).
Key Risks
Research

Valuation risk — at 34.2x earnings, disappointing results could compress the multiple.

Growth risk — sluggish revenue (-23.4%) leaves little margin for execution missteps.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen weakly: Fortive is a large-cap industrials business with shrinking revenue, with modest profitability, and a sound balance sheet. It trades at 34.2x earnings, which our model scores Weak (36/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.