FORTIVE CORP (FTV) Fundamental Analysis & Valuation

NYSE:FTV • US34959J1088

Current stock price

56.935 USD
+0.23 (+0.4%)
Last:

This FTV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. FTV Profitability Analysis

1.1 Basic Checks

  • In the past year FTV was profitable.
  • In the past year FTV had a positive cash flow from operations.
  • Each year in the past 5 years FTV has been profitable.
  • Each year in the past 5 years FTV had a positive operating cash flow.
FTV Yearly Net Income VS EBIT VS OCF VS FCFFTV Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

1.2 Ratios

  • FTV has a Return On Assets (4.93%) which is comparable to the rest of the industry.
  • Looking at the Return On Equity, with a value of 8.98%, FTV is in line with its industry, outperforming 56.49% 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 below the industry average of 10.04%.
  • 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 RankSector 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%
FTV Yearly ROA, ROE, ROICFTV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • Looking at the Profit Margin, with a value of 11.26%, FTV is in the better half of the industry, outperforming 77.86% of the companies in the same industry.
  • FTV's Profit Margin has declined in the last couple of years.
  • Looking at the Operating Margin, with a value of 16.35%, FTV is in the better half of the industry, outperforming 76.34% of the companies in the same industry.
  • In the last couple of years the Operating Margin of FTV has grown nicely.
  • FTV has a Gross Margin of 60.96%. This is amongst the best in the industry. FTV outperforms 98.47% of its industry peers.
  • FTV's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
FTV Yearly Profit, Operating, Gross MarginsFTV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

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4

2. FTV Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FTV is destroying value.
  • Compared to 1 year ago, FTV has less shares outstanding
  • Compared to 5 years ago, FTV has less shares outstanding
  • FTV has a worse debt/assets ratio than last year.
FTV Yearly Shares OutstandingFTV Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
FTV Yearly Total Debt VS Total AssetsFTV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • FTV has an Altman-Z score of 3.24. This indicates that FTV is financially healthy and has little risk of bankruptcy at the moment.
  • FTV's Altman-Z score of 3.24 is in line compared to the rest of the industry. FTV outperforms 54.20% 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.
  • With a decent Debt to FCF ratio value of 3.28, FTV is doing good in the industry, outperforming 67.18% of the companies in the same industry.
  • A Debt/Equity ratio of 0.36 indicates that FTV is not too dependend on debt financing.
  • The Debt to Equity ratio of FTV (0.36) is better than 61.83% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 3.28
Altman-Z 3.24
ROIC/WACC0.7
WACC9.97%
FTV Yearly LT Debt VS Equity VS FCFFTV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 0.71 indicates that FTV may have some problems paying its short term obligations.
  • The Current ratio of FTV (0.71) is worse than 92.37% 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 has a Quick ratio of 0.58. This is amonst the worse of the industry: FTV underperforms 87.02% of its industry peers.
Industry RankSector Rank
Current Ratio 0.71
Quick Ratio 0.58
FTV Yearly Current Assets VS Current LiabilitesFTV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. FTV Growth Analysis

3.1 Past

  • The earnings per share for FTV have decreased strongly by -22.82% in the last year.
  • 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.
  • 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.
  • The Revenue is expected to grow by 3.94% on average over the next years.
EPS Next Y-1.1%
EPS Next 2Y3.17%
EPS Next 3Y5.48%
EPS Next 5Y7.1%
Revenue Next Year4.55%
Revenue Next 2Y4.13%
Revenue Next 3Y4.13%
Revenue Next 5Y3.94%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • 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.
FTV Yearly Revenue VS EstimatesFTV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B
FTV Yearly EPS VS EstimatesFTV Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4

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4

4. FTV Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 18.92 indicates a rather expensive valuation of FTV.
  • Based on the Price/Earnings ratio, FTV is valued a bit cheaper than 75.57% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of FTV to the average of the S&P500 Index (26.21), we can say FTV is valued slightly cheaper.
  • Based on the Price/Forward Earnings ratio of 19.12, the valuation of FTV can be described as rather expensive.
  • FTV's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FTV is cheaper than 60.31% of the companies in the same industry.
  • FTV's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.13.
Industry RankSector Rank
PE 18.92
Fwd PE 19.12
FTV Price Earnings VS Forward Price EarningsFTV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • FTV's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, FTV is valued a bit cheaper than the industry average as 79.39% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 17.92
EV/EBITDA 15.87
FTV Per share dataFTV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

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 2Y3.17%
EPS Next 3Y5.48%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. FTV Dividend Analysis

5.1 Amount

  • FTV has a yearly dividend return of 0.45%, which is pretty low.
  • Compared to an average industry Dividend Yield of 1.21, FTV has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.89, FTV's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.45%

5.2 History

  • The dividend of FTV decreases each year by -10.29%.
  • FTV has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-10.29%
Div Incr Years0
Div Non Decr Years0
FTV Yearly Dividends per shareFTV Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3

5.3 Sustainability

  • FTV pays out 15.92% of its income as dividend. This is a sustainable payout ratio.
DP15.92%
EPS Next 2Y3.17%
EPS Next 3Y5.48%
FTV Yearly Income VS Free CF VS DividendFTV Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B
FTV Dividend Payout.FTV Dividend Payout, showing the Payout Ratio.FTV Dividend Payout.PayoutRetained Earnings

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FTV Fundamentals: All Metrics, Ratios and Statistics

FORTIVE CORP

NYSE:FTV (4/7/2026, 3:19:09 PM)

56.935

+0.23 (+0.4%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-04
Earnings (Next)04-30
Inst Owners109.52%
Inst Owner Change0%
Ins Owners0.17%
Ins Owner Change2.22%
Market Cap17.53B
Revenue(TTM)5.14B
Net Income(TTM)579.20M
Analysts66.09
Price Target62.68 (10.09%)
Short Float %4.6%
Short Ratio3.49
Dividend
Industry RankSector Rank
Dividend Yield 0.45%
Yearly Dividend0.28
Dividend Growth(5Y)-10.29%
DP15.92%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-13
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)2.1%
PT rev (3m)8.31%
EPS NQ rev (1m)0.48%
EPS NQ rev (3m)2.23%
EPS NY rev (1m)0%
EPS NY rev (3m)3.52%
Revenue NQ rev (1m)0.38%
Revenue NQ rev (3m)2.34%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)1.58%
Valuation
Industry RankSector Rank
PE 18.92
Fwd PE 19.12
P/S 3.41
P/FCF 17.92
P/OCF 16.18
P/B 2.72
P/tB N/A
EV/EBITDA 15.87
EPS(TTM)3.01
EY5.29%
EPS(NY)2.98
Fwd EY5.23%
FCF(TTM)3.18
FCFY5.58%
OCF(TTM)3.52
OCFY6.18%
SpS16.7
BVpS20.96
TBVpS-9.85
PEG (NY)N/A
PEG (5Y)N/A
Graham Number37.68
Profitability
Industry RankSector 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 RankSector 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 3.24
F-Score7
WACC9.97%
ROIC/WACC0.7
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-1.1%
EPS Next 2Y3.17%
EPS Next 3Y5.48%
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 Year4.55%
Revenue Next 2Y4.13%
Revenue Next 3Y4.13%
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 Fundamental Analysis 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.


What is the profitability of FTV stock?

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 18.92 and the Price/Book (PB) ratio is 2.72.


Can you provide the dividend sustainability for FTV stock?

The dividend rating of FORTIVE CORP (FTV) is 3 / 10 and the dividend payout ratio is 15.92%.