FORTIVE CORP (FTV) Stock Fundamental Analysis
NYSE:FTV • US34959J1088
59.2 USD
-0.6 (-1%)
At close: Feb 27, 2026
59.2 USD
0 (0%)
After Hours: 2/27/2026, 8:06:05 PM
FTV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 130 industry peers in the Machinery industry. FTV has an average financial health and profitability rating. FTV is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year FTV was profitable.
- In the past year FTV had a positive cash flow from operations.
- In the past 5 years FTV has always been profitable.
- FTV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- FTV's Return On Assets of 4.93% is in line compared to the rest of the industry. FTV outperforms 57.69% of its industry peers.
- FTV has a Return On Equity (8.98%) which is comparable to the rest of the industry.
- Looking at the Return On Invested Capital, with a value of 7.00%, FTV is in line with its industry, outperforming 51.54% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for FTV is significantly below the industry average of 10.27%.
- The last Return On Invested Capital (7.00%) for FTV is above the 3 year average (5.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.93% | ||
| ROE | 8.98% | ||
| ROIC | 7% |
ROA(3y)4.98%
ROA(5y)4.64%
ROE(3y)8.51%
ROE(5y)7.87%
ROIC(3y)5.24%
ROIC(5y)5.38%
1.3 Margins
- FTV has a better Profit Margin (11.26%) than 77.69% of its industry peers.
- FTV's Profit Margin has declined in the last couple of years.
- The Operating Margin of FTV (16.35%) is better than 78.46% of its industry peers.
- In the last couple of years the Operating Margin of FTV has grown nicely.
- Looking at the Gross Margin, with a value of 60.96%, FTV belongs to the top of the industry, outperforming 97.69% of the companies in the same industry.
- In the last couple of years the Gross Margin of FTV has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.35% | ||
| PM (TTM) | 11.26% | ||
| GM | 60.96% |
OM growth 3Y0.12%
OM growth 5Y7.54%
PM growth 3Y2.42%
PM growth 5Y-16.01%
GM growth 3Y3.23%
GM growth 5Y2.44%
2. Health
2.1 Basic Checks
- FTV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, FTV has less shares outstanding
- Compared to 5 years ago, FTV has less shares outstanding
- Compared to 1 year ago, FTV has a worse debt to assets ratio.
2.2 Solvency
- FTV has an Altman-Z score of 3.36. This indicates that FTV is financially healthy and has little risk of bankruptcy at the moment.
- With a Altman-Z score value of 3.36, FTV perfoms like the industry average, outperforming 59.23% of the companies in the same industry.
- FTV has a debt to FCF ratio of 3.28. This is a good value and a sign of high solvency as FTV would need 3.28 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 3.28, FTV is doing good in the industry, outperforming 63.08% of the companies in the same industry.
- FTV has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of FTV (0.36) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 3.28 | ||
| Altman-Z | 3.36 |
ROIC/WACC0.78
WACC8.95%
2.3 Liquidity
- FTV has a Current Ratio of 0.71. This is a bad value and indicates that FTV is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Current ratio value of 0.71, FTV is not doing good in the industry: 93.08% of the companies in the same industry are doing better.
- FTV has a Quick Ratio of 0.71. This is a bad value and indicates that FTV is not financially healthy enough and could expect problems in meeting its short term obligations.
- FTV's Quick ratio of 0.58 is on the low side compared to the rest of the industry. FTV is outperformed by 87.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
- FTV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.82%.
- Measured over the past years, FTV shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.33% on average per year.
- Looking at the last year, FTV shows a very negative growth in Revenue. The Revenue has decreased by -17.48% in the last year.
- The Revenue has been decreasing by -2.14% on average over the past years.
EPS 1Y (TTM)-22.82%
EPS 3Y-1.5%
EPS 5Y-0.33%
EPS Q2Q%-23.08%
Revenue 1Y (TTM)-17.48%
Revenue growth 3Y-10.62%
Revenue growth 5Y-2.14%
Sales Q2Q%-30.72%
3.2 Future
- FTV is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.10% yearly.
- Based on estimates for the next years, FTV will show a small growth in Revenue. The Revenue will grow by 3.94% on average per year.
EPS Next Y-4.61%
EPS Next 2Y1.33%
EPS Next 3Y6.1%
EPS Next 5Y7.1%
Revenue Next Year4.24%
Revenue Next 2Y4.11%
Revenue Next 3Y4.19%
Revenue Next 5Y3.94%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 19.67, FTV is valued on the expensive side.
- Based on the Price/Earnings ratio, FTV is valued a bit cheaper than 79.23% of the companies in the same industry.
- FTV's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.07.
- With a Price/Forward Earnings ratio of 20.62, FTV is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FTV indicates a somewhat cheap valuation: FTV is cheaper than 65.38% of the companies listed in the same industry.
- FTV's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.05.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.67 | ||
| Fwd PE | 20.62 |
4.2 Price Multiples
- FTV's Enterprise Value to EBITDA ratio is in line with the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of FTV indicates a somewhat cheap valuation: FTV is cheaper than 77.69% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.97 | ||
| EV/EBITDA | 16.73 |
4.3 Compensation for Growth
- The decent profitability rating of FTV may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.33%
EPS Next 3Y6.1%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.40%, FTV is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 1.13, FTV has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, FTV's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
5.2 History
- The dividend of FTV decreases each year by -10.29%.
- FTV has paid a dividend for at least 10 years, which is a reliable track record.
- FTV has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)-10.29%
Div Incr Years2
Div Non Decr Years8
5.3 Sustainability
- FTV pays out 15.92% of its income as dividend. This is a sustainable payout ratio.
DP15.92%
EPS Next 2Y1.33%
EPS Next 3Y6.1%
59.2
-0.6 (-1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-04 2026-02-04/bmo
Earnings (Next)04-29 2026-04-29
Inst Owners103.24%
Inst Owner Change2.74%
Ins Owners0.17%
Ins Owner Change-0.26%
Market Cap18.55B
Revenue(TTM)5.14B
Net Income(TTM)579.20M
Analysts65
Price Target61.39 (3.7%)
Short Float %4.3%
Short Ratio3.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
Yearly Dividend0.28
Dividend Growth(5Y)-10.29%
DP15.92%
Div Incr Years2
Div Non Decr Years8
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.16%
Min EPS beat(2)6.47%
Max EPS beat(2)17.85%
EPS beat(4)2
Avg EPS beat(4)5.03%
Min EPS beat(4)-3.21%
Max EPS beat(4)17.85%
EPS beat(8)6
Avg EPS beat(8)3.83%
EPS beat(12)9
Avg EPS beat(12)3.26%
EPS beat(16)13
Avg EPS beat(16)3.4%
Revenue beat(2)2
Avg Revenue beat(2)1.28%
Min Revenue beat(2)0.89%
Max Revenue beat(2)1.68%
Revenue beat(4)2
Avg Revenue beat(4)-0.08%
Min Revenue beat(4)-2.24%
Max Revenue beat(4)1.68%
Revenue beat(8)2
Avg Revenue beat(8)-0.86%
Revenue beat(12)5
Avg Revenue beat(12)-0.61%
Revenue beat(16)8
Avg Revenue beat(16)-0.12%
PT rev (1m)5.5%
PT rev (3m)6.31%
EPS NQ rev (1m)1.33%
EPS NQ rev (3m)1.86%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)0.69%
Revenue NQ rev (1m)1.85%
Revenue NQ rev (3m)1.85%
Revenue NY rev (1m)1.12%
Revenue NY rev (3m)1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.67 | ||
| Fwd PE | 20.62 | ||
| P/S | 3.61 | ||
| P/FCF | 18.97 | ||
| P/OCF | 17.13 | ||
| P/B | 2.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.73 |
EPS(TTM)3.01
EY5.08%
EPS(NY)2.87
Fwd EY4.85%
FCF(TTM)3.12
FCFY5.27%
OCF(TTM)3.46
OCFY5.84%
SpS16.41
BVpS20.59
TBVpS-9.68
PEG (NY)N/A
PEG (5Y)N/A
Graham Number37.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.93% | ||
| ROE | 8.98% | ||
| ROCE | 8.86% | ||
| ROIC | 7% | ||
| ROICexc | 7.29% | ||
| ROICexgc | N/A | ||
| OM | 16.35% | ||
| PM (TTM) | 11.26% | ||
| GM | 60.96% | ||
| FCFM | 19.02% |
ROA(3y)4.98%
ROA(5y)4.64%
ROE(3y)8.51%
ROE(5y)7.87%
ROIC(3y)5.24%
ROIC(5y)5.38%
ROICexc(3y)5.68%
ROICexc(5y)5.78%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)6.63%
ROCE(5y)6.81%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-0.71%
ROICexc growth 5Y7.73%
OM growth 3Y0.12%
OM growth 5Y7.54%
PM growth 3Y2.42%
PM growth 5Y-16.01%
GM growth 3Y3.23%
GM growth 5Y2.44%
F-Score7
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 3.28 | ||
| Debt/EBITDA | 1.8 | ||
| Cap/Depr | 24.02% | ||
| Cap/Sales | 2.04% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 84.72% | ||
| Profit Quality | 168.87% | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 3.36 |
F-Score7
WACC8.95%
ROIC/WACC0.78
Cap/Depr(3y)23.25%
Cap/Depr(5y)20.59%
Cap/Sales(3y)2.42%
Cap/Sales(5y)1.97%
Profit Quality(3y)160.54%
Profit Quality(5y)160.05%
High Growth Momentum
Growth
EPS 1Y (TTM)-22.82%
EPS 3Y-1.5%
EPS 5Y-0.33%
EPS Q2Q%-23.08%
EPS Next Y-4.61%
EPS Next 2Y1.33%
EPS Next 3Y6.1%
EPS Next 5Y7.1%
Revenue 1Y (TTM)-17.48%
Revenue growth 3Y-10.62%
Revenue growth 5Y-2.14%
Sales Q2Q%-30.72%
Revenue Next Year4.24%
Revenue Next 2Y4.11%
Revenue Next 3Y4.19%
Revenue Next 5Y3.94%
EBIT growth 1Y-28.53%
EBIT growth 3Y-10.52%
EBIT growth 5Y5.24%
EBIT Next Year35.93%
EBIT Next 3Y14.84%
EBIT Next 5Y11.06%
FCF growth 1Y-30.45%
FCF growth 3Y-6.78%
FCF growth 5Y-6.39%
OCF growth 1Y-29.05%
OCF growth 3Y-5.98%
OCF growth 5Y-5.49%
FORTIVE CORP / FTV FAQ
Can you provide the ChartMill fundamental rating for FORTIVE CORP?
ChartMill assigns a fundamental rating of 4 / 10 to FTV.
What is the valuation status of FORTIVE CORP (FTV) stock?
ChartMill assigns a valuation rating of 4 / 10 to FORTIVE CORP (FTV). This can be considered as Fairly Valued.
Can you provide the profitability details for FORTIVE CORP?
FORTIVE CORP (FTV) has a profitability rating of 6 / 10.
What are the PE and PB ratios of FORTIVE CORP (FTV) stock?
The Price/Earnings (PE) ratio for FORTIVE CORP (FTV) is 19.67 and the Price/Book (PB) ratio is 2.87.
Can you provide the expected EPS growth for FTV stock?
The Earnings per Share (EPS) of FORTIVE CORP (FTV) is expected to decline by -4.61% in the next year.