FORTIVE CORP (FTV) Stock Fundamental Analysis
NYSE:FTV • US34959J1088
57.18 USD
-1.1 (-1.89%)
At close: Feb 23, 2026
57.18 USD
0 (0%)
After Hours: 2/23/2026, 8:04:00 PM
Taking everything into account, FTV scores 5 out of 10 in our fundamental rating. FTV was compared to 130 industry peers in the Machinery industry. Both the profitability and the financial health of FTV get a neutral evaluation. Nothing too spectacular is happening here. 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.
- FTV had positive earnings in each of the past 5 years.
- Each year in the past 5 years FTV had a positive operating cash flow.
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 of 8.98%. This is comparable to the rest of the industry: FTV outperforms 57.69% of its industry peers.
- 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.
- FTV had an Average Return On Invested Capital over the past 3 years of 5.24%. This is below the industry average of 10.17%.
- The 3 year average ROIC (5.24%) for FTV is below the current ROIC(7.00%), indicating increased profibility in the last year.
| 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.
- In the last couple of years the Profit Margin of FTV has declined.
- FTV's Operating Margin of 16.35% is fine compared to the rest of the industry. FTV outperforms 78.46% of its industry peers.
- In the last couple of years the Operating Margin of FTV has grown nicely.
- FTV has a better Gross Margin (60.96%) than 97.69% of its industry peers.
- FTV's Gross Margin has improved in the last couple of years.
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FTV 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.
- Compared to 1 year ago, FTV has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.33 indicates that FTV is not in any danger for bankruptcy at the moment.
- The Altman-Z score of FTV (3.33) is comparable to the rest of the 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.
- FTV has a better Debt to FCF ratio (3.28) than 63.85% of its industry peers.
- FTV has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.36, FTV perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 3.28 | ||
| Altman-Z | 3.33 |
ROIC/WACC0.78
WACC9.03%
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 has a worse Quick ratio (0.58) than 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%.
- FTV shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.33% yearly.
- FTV shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -17.48%.
- FTV shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.14% yearly.
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
- Based on estimates for the next years, FTV will show a small growth in Earnings Per Share. The EPS will grow by 7.10% on average per year.
- 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.
- 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
- Based on the Price/Earnings ratio of 19.00, the valuation of FTV can be described as rather expensive.
- 80.77% of the companies in the same industry are more expensive than FTV, based on the Price/Earnings ratio.
- FTV is valuated rather cheaply when we compare the Price/Earnings ratio to 26.64, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 19.91 indicates a rather expensive valuation of FTV.
- FTV's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FTV is cheaper than 69.23% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 27.75. FTV is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19 | ||
| Fwd PE | 19.91 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FTV is valued a bit cheaper than the industry average as 60.77% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of FTV indicates a somewhat cheap valuation: FTV is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.32 | ||
| EV/EBITDA | 16.5 |
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 0.41%, FTV is not a good candidate for dividend investing.
- FTV's Dividend Yield is comparable with the industry average which is at 1.18.
- 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 been paying a dividend for at least 10 years, so it has 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
- 15.92% of the earnings are spent on dividend by FTV. This is a low number and sustainable payout ratio.
DP15.92%
EPS Next 2Y1.33%
EPS Next 3Y6.1%
57.18
-1.1 (-1.89%)
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 Cap17.92B
Revenue(TTM)5.14B
Net Income(TTM)579.20M
Analysts65
Price Target58.33 (2.01%)
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 | ||
| Fwd PE | 19.91 | ||
| P/S | 3.48 | ||
| P/FCF | 18.32 | ||
| P/OCF | 16.54 | ||
| P/B | 2.78 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.5 |
EPS(TTM)3.01
EY5.26%
EPS(NY)2.87
Fwd EY5.02%
FCF(TTM)3.12
FCFY5.46%
OCF(TTM)3.46
OCFY6.04%
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 | 3.33 |
F-Score7
WACC9.03%
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 5 / 10 to FTV.
What is the valuation status of FORTIVE CORP (FTV) stock?
ChartMill assigns a valuation rating of 5 / 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 and the Price/Book (PB) ratio is 2.78.
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.