FORTIVE CORP (FTV) Stock Fundamental Analysis
NYSE:FTV • US34959J1088
59.8 USD
+1.48 (+2.54%)
At close: Feb 26, 2026
59.8 USD
0 (0%)
After Hours: 2/26/2026, 8:04:00 PM
Overall FTV gets a fundamental rating of 4 out of 10. We evaluated FTV against 130 industry peers in the Machinery industry. FTV has only an average score on both its financial health and profitability. 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.
- FTV had a positive operating cash flow in the past year.
- In the past 5 years FTV has always been profitable.
- In the past 5 years FTV always reported a positive cash flow from operatings.
1.2 Ratios
- FTV has a Return On Assets (4.93%) which is in line with its industry peers.
- Looking at the Return On Equity, with a value of 8.98%, FTV is in line with its industry, outperforming 57.69% of the companies in the same industry.
- FTV has a Return On Invested Capital (7.00%) which is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital 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
- Looking at the Profit Margin, with a value of 11.26%, FTV is in the better half of the industry, outperforming 77.69% of the companies in the same industry.
- In the last couple of years the Profit Margin of FTV has declined.
- The Operating Margin of FTV (16.35%) is better than 78.46% of its industry peers.
- FTV's Operating Margin has improved in the last couple of years.
- The Gross Margin of FTV (60.96%) is better than 97.69% of its industry peers.
- 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.
- FTV has less shares outstanding than it did 1 year ago.
- FTV has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for FTV is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 3.38 indicates that FTV is not in any danger for bankruptcy at the moment.
- The Altman-Z score of FTV (3.38) is better than 60.77% of its industry peers.
- 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.
- Looking at the Debt to FCF ratio, with a value of 3.28, FTV is in the better half of the industry, outperforming 63.85% 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.
- FTV has a Debt to Equity ratio (0.36) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 3.28 | ||
| Altman-Z | 3.38 |
ROIC/WACC0.78
WACC9.02%
2.3 Liquidity
- A Current Ratio of 0.71 indicates that FTV may have some problems paying its short term obligations.
- FTV's Current ratio of 0.71 is on the low side compared to the rest of the industry. FTV is outperformed by 93.08% of its industry peers.
- 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
- The earnings per share for FTV have decreased strongly by -22.82% in the last year.
- The Earnings Per Share has been decreasing by -0.33% on average over the past years.
- FTV shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -17.48%.
- Measured over the past years, FTV shows a decrease in Revenue. The Revenue has been decreasing by -2.14% on average per year.
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
- The Earnings Per Share is expected to grow by 7.10% on average over the next years.
- FTV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.94% yearly.
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 19.87 indicates a rather expensive valuation of FTV.
- 77.69% of the companies in the same industry are more expensive than FTV, based on the Price/Earnings ratio.
- FTV's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.11.
- A Price/Forward Earnings ratio of 20.83 indicates a rather expensive valuation of FTV.
- Based on the Price/Forward Earnings ratio, FTV is valued a bit cheaper than the industry average as 64.62% of the companies are valued more expensively.
- FTV is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.87 | ||
| Fwd PE | 20.83 |
4.2 Price Multiples
- FTV's Enterprise Value to EBITDA is on the same level as the industry average.
- 76.15% of the companies in the same industry are more expensive than FTV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.16 | ||
| EV/EBITDA | 16.87 |
4.3 Compensation for Growth
- FTV has a very decent profitability rating, which 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
- FTV has a yearly dividend return of 0.41%, which is pretty low.
- Compared to an average industry Dividend Yield of 1.19, FTV has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.80, FTV's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
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.
- As FTV did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
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%
59.8
+1.48 (+2.54%)
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 Change2.37%
Ins Owners0.17%
Ins Owner Change-0.24%
Market Cap18.74B
Revenue(TTM)5.14B
Net Income(TTM)579.20M
Analysts65
Price Target58.33 (-2.46%)
Short Float %4.3%
Short Ratio3.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
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)0.24%
PT rev (3m)1.01%
EPS NQ rev (1m)1.22%
EPS NQ rev (3m)1.75%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)0.69%
Revenue NQ rev (1m)1.75%
Revenue NQ rev (3m)1.75%
Revenue NY rev (1m)1.12%
Revenue NY rev (3m)1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.87 | ||
| Fwd PE | 20.83 | ||
| P/S | 3.64 | ||
| P/FCF | 19.16 | ||
| P/OCF | 17.3 | ||
| P/B | 2.9 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.87 |
EPS(TTM)3.01
EY5.03%
EPS(NY)2.87
Fwd EY4.8%
FCF(TTM)3.12
FCFY5.22%
OCF(TTM)3.46
OCFY5.78%
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 | 3.38 |
F-Score7
WACC9.02%
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 Year29.77%
EBIT Next 3Y13.35%
EBIT Next 5Y10.4%
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 19.87 and the Price/Book (PB) ratio is 2.9.
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.