FORTIVE CORP (FTV) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:FTV • US34959J1088

52.81 USD
-0.27 (-0.51%)
At close: Jan 30, 2026
52.81 USD
0 (0%)
After Hours: 1/30/2026, 8:04:00 PM
Fundamental Rating

4

FTV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. FTV scores excellent on profitability, but there are some minor concerns on its financial health. FTV is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

7

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.
  • In the past 5 years FTV always reported a positive cash flow from operatings.
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 500M 1B 1.5B 2B 2.5B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 5.07%, FTV is in the better half of the industry, outperforming 61.36% of the companies in the same industry.
  • FTV has a Return On Equity (9.26%) which is in line with its industry peers.
  • FTV's Return On Invested Capital of 8.52% is fine compared to the rest of the industry. FTV outperforms 62.88% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for FTV is below the industry average of 10.18%.
  • The 3 year average ROIC (6.67%) for FTV is below the current ROIC(8.52%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 5.07%
ROE 9.26%
ROIC 8.52%
ROA(3y)4.92%
ROA(5y)5.57%
ROE(3y)8.12%
ROE(5y)9.53%
ROIC(3y)6.67%
ROIC(5y)5.86%
FTV Yearly ROA, ROE, ROICFTV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

1.3 Margins

  • Looking at the Profit Margin, with a value of 10.68%, FTV is in the better half of the industry, outperforming 75.76% of the companies in the same industry.
  • In the last couple of years the Profit Margin of FTV has declined.
  • FTV has a Operating Margin of 16.42%. This is in the better half of the industry: FTV outperforms 78.03% of its industry peers.
  • FTV's Operating Margin has improved in the last couple of years.
  • FTV has a Gross Margin of 60.33%. This is amongst the best in the industry. FTV outperforms 96.97% of its industry peers.
  • FTV's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 16.42%
PM (TTM) 10.68%
GM 60.33%
OM growth 3Y6.19%
OM growth 5Y12.39%
PM growth 3Y6.96%
PM growth 5Y-1.86%
GM growth 3Y1.52%
GM growth 5Y1.93%
FTV Yearly Profit, Operating, Gross MarginsFTV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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4

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.
  • The number of shares outstanding for FTV has been reduced compared to 1 year ago.
  • The number of shares outstanding for FTV has been increased compared to 5 years ago.
  • The debt/assets ratio for FTV is higher compared to a year ago.
FTV Yearly Shares OutstandingFTV Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 5B 10B 15B

2.2 Solvency

  • FTV has an Altman-Z score of 3.15. This indicates that FTV is financially healthy and has little risk of bankruptcy at the moment.
  • FTV has a Altman-Z score (3.15) which is in line with its industry peers.
  • FTV has a debt to FCF ratio of 2.98. This is a good value and a sign of high solvency as FTV would need 2.98 years to pay back of all of its debts.
  • FTV has a better Debt to FCF ratio (2.98) than 69.70% of its industry peers.
  • A Debt/Equity ratio of 0.33 indicates that FTV is not too dependend on debt financing.
  • FTV's Debt to Equity ratio of 0.33 is fine compared to the rest of the industry. FTV outperforms 62.88% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.33
Debt/FCF 2.98
Altman-Z 3.15
ROIC/WACC0.89
WACC9.54%
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 2B 4B 6B 8B 10B

2.3 Liquidity

  • FTV has a Current Ratio of 0.70. 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 Current ratio (0.70) than 92.42% of its industry peers.
  • A Quick Ratio of 0.58 indicates that FTV may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.58, FTV is not doing good in the industry: 87.88% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.7
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 1B 2B 3B 4B

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1

3. Growth

3.1 Past

  • The earnings per share for FTV have decreased strongly by -11.59% in the last year.
  • The Earnings Per Share has been growing slightly by 2.25% on average over the past years.
  • Looking at the last year, FTV shows a decrease in Revenue. The Revenue has decreased by -8.96% in the last year.
  • The Revenue has been growing slightly by 6.43% on average over the past years.
EPS 1Y (TTM)-11.59%
EPS 3Y12.49%
EPS 5Y2.25%
EPS Q2Q%-29.9%
Revenue 1Y (TTM)-8.96%
Revenue growth 3Y5.85%
Revenue growth 5Y6.43%
Sales Q2Q%-33.07%

3.2 Future

  • FTV is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.22% yearly.
  • Based on estimates for the next years, FTV will show a decrease in Revenue. The Revenue will decrease by -5.05% on average per year.
EPS Next Y-31.48%
EPS Next 2Y-14.18%
EPS Next 3Y-7.37%
EPS Next 5Y-0.22%
Revenue Next Year-33.84%
Revenue Next 2Y-17.41%
Revenue Next 3Y-10.86%
Revenue Next 5Y-5.05%

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 decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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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5

4. Valuation

4.1 Price/Earnings Ratio

  • FTV is valuated correctly with a Price/Earnings ratio of 16.10.
  • Based on the Price/Earnings ratio, FTV is valued cheaply inside the industry as 84.09% of the companies are valued more expensively.
  • FTV's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.32.
  • A Price/Forward Earnings ratio of 18.39 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 68.18% of the companies are valued more expensively.
  • FTV's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.57.
Industry RankSector Rank
PE 16.1
Fwd PE 18.39
FTV Price Earnings VS Forward Price EarningsFTV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 62.88% of the companies in the same industry are more expensive than FTV, based on the Enterprise Value to EBITDA ratio.
  • 85.61% of the companies in the same industry are more expensive than FTV, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 15.14
EV/EBITDA 14.16
FTV Per share dataFTV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • The decent profitability rating of FTV may justify a higher PE ratio.
  • A cheap valuation may be justified as FTV's earnings are expected to decrease with -7.37% in the coming years.
PEG (NY)N/A
PEG (5Y)7.17
EPS Next 2Y-14.18%
EPS Next 3Y-7.37%

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4

5. Dividend

5.1 Amount

  • FTV has a yearly dividend return of 0.45%, which is pretty low.
  • Compared to an average industry Dividend Yield of 1.01, FTV has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.83, 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 -7.91%.
  • 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)-7.91%
Div Incr Years2
Div Non Decr Years8
FTV Yearly Dividends per shareFTV Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3

5.3 Sustainability

  • FTV pays out 16.72% of its income as dividend. This is a sustainable payout ratio.
  • FTV's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP16.72%
EPS Next 2Y-14.18%
EPS Next 3Y-7.37%
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 1B 2B 3B
FTV Dividend Payout.FTV Dividend Payout, showing the Payout Ratio.FTV Dividend Payout.PayoutRetained Earnings

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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 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 7 / 10.


What are the PE and PB ratios of FORTIVE CORP (FTV) stock?

The Price/Earnings (PE) ratio for FORTIVE CORP (FTV) is 16.1 and the Price/Book (PB) ratio is 2.58.


Can you provide the expected EPS growth for FTV stock?

The Earnings per Share (EPS) of FORTIVE CORP (FTV) is expected to decline by -31.48% in the next year.