FORTIVE CORP (FTV) Stock Fundamental Analysis

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

53.7 USD
+0.89 (+1.69%)
At close: Feb 2, 2026
53.7 USD
0 (0%)
After Hours: 2/2/2026, 8:09:29 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to FTV. FTV was compared to 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.
  • Each year in the past 5 years FTV has been profitable.
  • 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 comparable to the rest of the industry.
  • FTV has a better Return On Invested Capital (8.52%) than 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 10.37%.
  • 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

  • The Profit Margin of FTV (10.68%) is better than 75.76% of its industry peers.
  • FTV's Profit Margin has declined in the last couple of years.
  • FTV has a better Operating Margin (16.42%) than 78.03% of its industry peers.
  • In the last couple of years the Operating Margin of FTV has grown nicely.
  • With an excellent Gross Margin value of 60.33%, FTV belongs to the best of the industry, outperforming 96.97% of the companies in the same industry.
  • 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

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FTV is destroying value.
  • FTV has less shares outstanding than it did 1 year ago.
  • FTV has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, FTV has a worse debt to assets ratio.
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 3.18. This indicates that FTV is financially healthy and has little risk of bankruptcy at the moment.
  • FTV's Altman-Z score of 3.18 is in line compared to the rest of the industry. FTV outperforms 55.30% of 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.
  • The Debt to FCF ratio of FTV (2.98) is better than 68.94% of its industry peers.
  • FTV has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of FTV (0.33) is better than 62.88% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.33
Debt/FCF 2.98
Altman-Z 3.18
ROIC/WACC0.89
WACC9.58%
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

  • A Current Ratio of 0.70 indicates that FTV may have some problems paying its short term obligations.
  • With a Current ratio value of 0.70, FTV is not doing good in the industry: 92.42% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.58 indicates that FTV may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.58, FTV is doing worse than 87.88% of the companies in the same industry.
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.
  • The Revenue has decreased by -8.96% in the past 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

  • Based on estimates for the next years, FTV will show a decrease in Earnings Per Share. The EPS will decrease by -0.22% on average per year.
  • The Revenue is expected to decrease by -5.05% on average over the next years.
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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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 16.37.
  • FTV's Price/Earnings ratio is rather cheap when compared to the industry. FTV is cheaper than 84.85% of the companies in the same industry.
  • FTV is valuated rather cheaply when we compare the Price/Earnings ratio to 28.41, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 18.69, the valuation of FTV can be described as rather expensive.
  • 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 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.64, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 16.37
Fwd PE 18.69
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

  • 63.64% of the companies in the same industry are more expensive than FTV, based on the Enterprise Value to EBITDA ratio.
  • FTV's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FTV is cheaper than 86.36% of the companies in the same industry.
Industry RankSector Rank
P/FCF 15.4
EV/EBITDA 14.36
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.
  • FTV's earnings are expected to decrease with -7.37% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)7.29
EPS Next 2Y-14.18%
EPS Next 3Y-7.37%

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4

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.45%, FTV is not a good candidate for dividend investing.
  • FTV's Dividend Yield is comparable with the industry average which is at 1.01.
  • With a Dividend Yield of 0.45, FTV pays less dividend than the S&P500 average, which is at 1.83.
Industry RankSector Rank
Dividend Yield 0.45%

5.2 History

  • The dividend of FTV decreases each year by -7.91%.
  • 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)-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

NYSE:FTV (2/2/2026, 8:09:29 PM)

After market: 53.7 0 (0%)

53.7

+0.89 (+1.69%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)10-29
Earnings (Next)02-04
Inst Owners103.24%
Inst Owner Change-2.83%
Ins Owners0.17%
Ins Owner Change-0.24%
Market Cap17.06B
Revenue(TTM)5.64B
Net Income(TTM)602.30M
Analysts67.5
Price Target58.19 (8.36%)
Short Float %3.3%
Short Ratio3.36
Dividend
Industry RankSector Rank
Dividend Yield 0.45%
Yearly Dividend0.32
Dividend Growth(5Y)-7.91%
DP16.72%
Div Incr Years2
Div Non Decr Years8
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.32%
Min EPS beat(2)-3.21%
Max EPS beat(2)17.85%
EPS beat(4)2
Avg EPS beat(4)4.27%
Min EPS beat(4)-3.21%
Max EPS beat(4)17.85%
EPS beat(8)6
Avg EPS beat(8)3.46%
EPS beat(12)9
Avg EPS beat(12)3%
EPS beat(16)13
Avg EPS beat(16)3.03%
Revenue beat(2)1
Avg Revenue beat(2)0.12%
Min Revenue beat(2)-0.65%
Max Revenue beat(2)0.89%
Revenue beat(4)1
Avg Revenue beat(4)-0.8%
Min Revenue beat(4)-2.24%
Max Revenue beat(4)0.89%
Revenue beat(8)2
Avg Revenue beat(8)-1.04%
Revenue beat(12)5
Avg Revenue beat(12)-0.66%
Revenue beat(16)7
Avg Revenue beat(16)-0.55%
PT rev (1m)0.55%
PT rev (3m)2.27%
EPS NQ rev (1m)0.08%
EPS NQ rev (3m)2.15%
EPS NY rev (1m)0.19%
EPS NY rev (3m)4.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.09%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0.38%
Valuation
Industry RankSector Rank
PE 16.37
Fwd PE 18.69
P/S 3.02
P/FCF 15.4
P/OCF 13.99
P/B 2.62
P/tB N/A
EV/EBITDA 14.36
EPS(TTM)3.28
EY6.11%
EPS(NY)2.87
Fwd EY5.35%
FCF(TTM)3.49
FCFY6.5%
OCF(TTM)3.84
OCFY7.15%
SpS17.76
BVpS20.48
TBVpS-9.57
PEG (NY)N/A
PEG (5Y)7.29
Graham Number38.87
Profitability
Industry RankSector Rank
ROA 5.07%
ROE 9.26%
ROCE 9.84%
ROIC 8.52%
ROICexc 8.93%
ROICexgc N/A
OM 16.42%
PM (TTM) 10.68%
GM 60.33%
FCFM 19.64%
ROA(3y)4.92%
ROA(5y)5.57%
ROE(3y)8.12%
ROE(5y)9.53%
ROIC(3y)6.67%
ROIC(5y)5.86%
ROICexc(3y)7.24%
ROICexc(5y)6.49%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.7%
ROCE(5y)6.77%
ROICexgc growth 3YN/A
ROICexgc growth 5Y22.28%
ROICexc growth 3Y6.66%
ROICexc growth 5Y17.49%
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%
F-Score7
Asset Turnover0.47
Health
Industry RankSector Rank
Debt/Equity 0.33
Debt/FCF 2.98
Debt/EBITDA 1.53
Cap/Depr 24.22%
Cap/Sales 1.98%
Interest Coverage 250
Cash Conversion 87.89%
Profit Quality 183.93%
Current Ratio 0.7
Quick Ratio 0.58
Altman-Z 3.18
F-Score7
WACC9.58%
ROIC/WACC0.89
Cap/Depr(3y)22.1%
Cap/Depr(5y)19.73%
Cap/Sales(3y)1.78%
Cap/Sales(5y)1.59%
Profit Quality(3y)157.54%
Profit Quality(5y)143.9%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.59%
EPS 3Y12.49%
EPS 5Y2.25%
EPS Q2Q%-29.9%
EPS Next Y-31.48%
EPS Next 2Y-14.18%
EPS Next 3Y-7.37%
EPS Next 5Y-0.22%
Revenue 1Y (TTM)-8.96%
Revenue growth 3Y5.85%
Revenue growth 5Y6.43%
Sales Q2Q%-33.07%
Revenue Next Year-33.84%
Revenue Next 2Y-17.41%
Revenue Next 3Y-10.86%
Revenue Next 5Y-5.05%
EBIT growth 1Y-21.25%
EBIT growth 3Y12.4%
EBIT growth 5Y19.62%
EBIT Next Year-7.29%
EBIT Next 3Y0.65%
EBIT Next 5Y3.03%
FCF growth 1Y-12.16%
FCF growth 3Y15.57%
FCF growth 5Y3.95%
OCF growth 1Y-11.05%
OCF growth 3Y16.68%
OCF growth 5Y3.73%

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 16.37 and the Price/Book (PB) ratio is 2.62.


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.