FTV
Fortive
$61.67
▲ 1.0%Updated Today 7:15 PM ET
▲ Up 16.0% over the last 12 months
Market Cap
$18.61B
P/E
34.22x
Forward P/E (est.)
46.51x
ROE
7.4%
Revenue Growth
-23.4%
EPS Growth
-26.4%
Profit Margin
11.5%
FCF Yield
5.9%
Debt / Equity
0.5x
ROIC
6.0%
Interest Coverage
—
Current Ratio
0.71x
Dividend Yield
0.4%
Implied Growth (rev. DCF)
3.6%
Rating Score
36/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what FTV's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. FTV trades near $61.67, above its 50-day average ($60.15) and 200-day average ($54.94). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 57 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. FTV's is $1.57 (~2.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month FTV found buyers near $57.38 (support) and sellers near $63.40 (resistance); its 52-week range is $46.34–$63.40. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.0× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Fortive (FTV) is a large-cap company in the Industrial Machinery & Supplies & Components industry, part of the Industrials sector of the S&P 500, with a market value around $18.61B.
In its latest reported year it generated about $4.16B in revenue and $579.20M in net profit.
Our model rates FTV Weak (36/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
-5.7%
Revenue moved from $5.25B in 2021 to $4.16B in 2025, a -5.7% compound annual growth rate. The most recent year declined 23.4% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?
Gross Margin
63.5%
Operating Margin
17.3%
Net Margin
13.9%
ROE
7.4%
Fortive keeps about 11.5% of each sales dollar as net profit, with a 63.5% gross margin and 17.3% operating margin. Return on equity is 7.4% and return on invested capital about 6.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$3.49B
Net Debt
$3.13B
Net Debt / EBITDA
4.35x
Debt / Equity
0.5x
Leverage: debt-to-equity is 0.5x, with a current ratio of 0.7x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $3.49B of total debt against $356.10M of cash.
Operating CF
$1.08B
Free Cash Flow
$978.10M
FCF Margin
23.5%
In the latest year Fortive produced about $1.08B of operating cash flow and $978.10M of free cash flow after capital spending. That is a free-cash-flow yield of about 5.9% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
34.22x
P/S
4.5x
P/B
2.7x
EV / EBITDA
18.88x
FTV trades at 34.2x trailing earnings (about 46.5x on estimated forward earnings), 4.5x sales, and 2.7x book value. Reverse-engineering today's price implies the market expects roughly 3.6% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How FTV stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (80 S&P 500 companies), FTV ranks #72 of 80 by our overall rating. It trades at roughly in line versus the sector on earnings (34.2x P/E vs. 30x median) with a lower return on equity (7.4% vs. 24.7%) and slower revenue growth (-23.4% vs. 5.0%).
P/E vs sector
34.2x
median 30x
ROE vs sector
7.4%
median 24.7%
Growth vs sector
-23.4%
median 5.0%
Sector rank
#72
of 80 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$44.28 – $75.28
vs. $61.67 today · expected CAGR -6% – 4%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $4.28B | $4.41B | $4.54B | $4.68B | $4.82B |
| Net income | $599.74M | $617.73M | $636.27M | $655.35M | $675.02M |
| EPS | $1.97 | $2.03 | $2.09 | $2.15 | $2.21 |
| Share price (low) | $39.35 | $40.53 | $41.74 | $42.99 | $44.28 |
| Share price (high) | $66.89 | $68.89 | $70.96 | $73.09 | $75.28 |
| CAGR (low–high) | -36% / 8% | -19% / 6% | -12% / 5% | -9% / 4% | -6% / 4% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for FTV:
- Healthy free-cash-flow yield (~5.9%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.5x) lowers risk.
The case against FTV:
- Revenue growth is slow/negative (-23.4%), limiting the upside engine.
- Our model's overall read is Weak (36/100).
Valuation risk — at 34.2x earnings, disappointing results could compress the multiple.
Growth risk — sluggish revenue (-23.4%) leaves little margin for execution missteps.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen weakly: Fortive is a large-cap industrials business with shrinking revenue, with modest profitability, and a sound balance sheet. It trades at 34.2x earnings, which our model scores Weak (36/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.