Fortive (FTV) Financials & Stock Analysis

Fortive

NYSE: FTV · USD

Revenue

USD millions

$1,096.8M

Fortive Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Revenue
FY 2016 Q2	$1,555.1M; Change unavailable vs FY 2016 Q1
FY 2016 Q3	$1,567.4M; +0.8% vs FY 2016 Q2
FY 2016 Q4	$1,627.1M; +3.8% vs FY 2016 Q3
FY 2017 Q1	$1,535.2M; −5.6% vs FY 2016 Q4
FY 2017 Q2	$1,628.8M; +6.1% vs FY 2017 Q1
FY 2017 Q3	$1,685.3M; +3.5% vs FY 2017 Q2
FY 2017 Q4	$1,806.7M; +7.2% vs FY 2017 Q3
FY 2018 Q1	$1,740.7M; −3.7% vs FY 2017 Q4
FY 2018 Q2	$1,856M; +6.6% vs FY 2018 Q1
FY 2018 Q3	$1,840.1M; −0.9% vs FY 2018 Q2
FY 2018 Q4	$1,757.5M; −4.5% vs FY 2018 Q3
FY 2019 Q1	$1,592.9M; −9.4% vs FY 2018 Q4
FY 2019 Q2	$1,864.7M; +17.1% vs FY 2019 Q1
FY 2019 Q3	$1,860M; −0.3% vs FY 2019 Q2
FY 2019 Q4	$2,002.4M; +7.7% vs FY 2019 Q3
FY 2020 Q1	$1,713.5M; −14.4% vs FY 2019 Q4
FY 2020 Q2	$1,571.2M; −8.3% vs FY 2020 Q1
FY 2020 Q3	$1,902.3M; +21.1% vs FY 2020 Q2
FY 2020 Q4	$1,324.9M; −30.4% vs FY 2020 Q3
FY 2021 Q1	$1,259.2M; −5.0% vs FY 2020 Q4
FY 2021 Q2	$1,319.7M; +4.8% vs FY 2021 Q1
FY 2021 Q3	$1,299.5M; −1.5% vs FY 2021 Q2
FY 2021 Q4	$1,374.8M; +5.8% vs FY 2021 Q3
FY 2022 Q1	$1,376.5M; +0.1% vs FY 2021 Q4
FY 2022 Q2	$1,463.3M; +6.3% vs FY 2022 Q1
FY 2022 Q3	$1,456M; −0.5% vs FY 2022 Q2
FY 2022 Q4	$1,529.9M; +5.1% vs FY 2022 Q3
FY 2023 Q1	$1,460.7M; −4.5% vs FY 2022 Q4
FY 2023 Q2	$1,526.4M; +4.5% vs FY 2023 Q1
FY 2023 Q3	$1,494.5M; −2.1% vs FY 2023 Q2
FY 2023 Q4	$1,583.7M; +6.0% vs FY 2023 Q3
FY 2024 Q1	$1,524.5M; −3.7% vs FY 2023 Q4
FY 2024 Q2	$1,552.4M; +1.8% vs FY 2024 Q1
FY 2024 Q3	$1,534.6M; −1.1% vs FY 2024 Q2
FY 2024 Q4	$1,072.8M; −30.1% vs FY 2024 Q3
FY 2025 Q1	$1,474.2M; +37.4% vs FY 2024 Q4
FY 2025 Q2	$1,518.8M; +3.0% vs FY 2025 Q1
FY 2025 Q3	$1,027.1M; −32.4% vs FY 2025 Q2
FY 2025 Q4	$1,122.5M; +9.3% vs FY 2025 Q3
FY 2026 Q1	$1,069.4M; −4.7% vs FY 2025 Q4
FY 2026 Q2	$1,096.8M; +2.6% vs FY 2026 Q1

Free cash flow

USD millions

$258.1M

Fortive Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Free cash flow
FY 2016 Q2	$277.6M; Change unavailable vs FY 2016 Q1
FY 2016 Q3	$303M; +9.1% vs FY 2016 Q2
FY 2016 Q4	$277.9M; −8.3% vs FY 2016 Q3
FY 2017 Q1	$121.5M; −56.3% vs FY 2016 Q4
FY 2017 Q2	$216.9M; +78.5% vs FY 2017 Q1
FY 2017 Q3	$286.9M; +32.3% vs FY 2017 Q2
FY 2017 Q4	$415M; +44.6% vs FY 2017 Q3
FY 2018 Q1	$139.6M; −66.4% vs FY 2017 Q4
FY 2018 Q2	$314.5M; +125.3% vs FY 2018 Q1
FY 2018 Q3	$351.8M; +11.9% vs FY 2018 Q2
FY 2018 Q4	$426.2M; +21.1% vs FY 2018 Q3
FY 2019 Q1	$132.2M; −69.0% vs FY 2018 Q4
FY 2019 Q2	$234.3M; +77.2% vs FY 2019 Q1
FY 2019 Q3	$349.9M; +49.3% vs FY 2019 Q2
FY 2019 Q4	$442.5M; +26.5% vs FY 2019 Q3
FY 2020 Q1	$157.2M; −64.5% vs FY 2019 Q4
FY 2020 Q2	$453.5M; +188.5% vs FY 2020 Q1
FY 2020 Q3	$455M; +0.3% vs FY 2020 Q2
FY 2020 Q4	$274.3M; −39.7% vs FY 2020 Q3
FY 2021 Q1	$136.4M; −50.3% vs FY 2020 Q4
FY 2021 Q2	$270.8M; +98.5% vs FY 2021 Q1
FY 2021 Q3	$251.3M; −7.2% vs FY 2021 Q2
FY 2021 Q4	$252.6M; +0.5% vs FY 2021 Q3
FY 2022 Q1	$196M; −22.4% vs FY 2021 Q4
FY 2022 Q2	$276.1M; +40.9% vs FY 2022 Q1
FY 2022 Q3	$307.2M; +11.3% vs FY 2022 Q2
FY 2022 Q4	$428.1M; +39.4% vs FY 2022 Q3
FY 2023 Q1	$149.6M; −65.1% vs FY 2022 Q4
FY 2023 Q2	$300M; +100.5% vs FY 2023 Q1
FY 2023 Q3	$383.5M; +27.8% vs FY 2023 Q2
FY 2023 Q4	$412.7M; +7.6% vs FY 2023 Q3
FY 2024 Q1	$230.3M; −44.2% vs FY 2023 Q4
FY 2024 Q2	$279.7M; +21.5% vs FY 2024 Q1
FY 2024 Q3	$431.2M; +54.2% vs FY 2024 Q2
FY 2024 Q4	$465.2M; +7.9% vs FY 2024 Q3
FY 2025 Q1	$215M; −53.8% vs FY 2024 Q4
FY 2025 Q2	$274.5M; +27.7% vs FY 2025 Q1
FY 2025 Q3	$153.1M; −44.2% vs FY 2025 Q2
FY 2025 Q4	$335.5M; +119.1% vs FY 2025 Q3
FY 2026 Q1	$208.2M; −37.9% vs FY 2025 Q4
FY 2026 Q2	$258.1M; +24.0% vs FY 2026 Q1

Net margin

14.34%

Fortive Net margin. Reported fiscal history.
Fiscal period	%
FY 2016 Q2	15.36%
FY 2016 Q3	14.48%
FY 2016 Q4	13.8%
FY 2017 Q1	13.01%
FY 2017 Q2	14.74%
FY 2017 Q3	15.89%
FY 2017 Q4	18.65%
FY 2018 Q1	15.01%
FY 2018 Q2	15.89%
FY 2018 Q3	13.33%
FY 2018 Q4	120.19%
FY 2019 Q1	10.32%
FY 2019 Q2	9.36%
FY 2019 Q3	11.13%
FY 2019 Q4	9.63%
FY 2020 Q1	2.45%
FY 2020 Q2	8.27%
FY 2020 Q3	11.87%
FY 2020 Q4	91.75%
FY 2021 Q1	8.75%
FY 2021 Q2	13.71%
FY 2021 Q3	11.6%
FY 2021 Q4	12%
FY 2022 Q1	11.99%
FY 2022 Q2	11.82%
FY 2022 Q3	13.04%
FY 2022 Q4	14.85%
FY 2023 Q1	11.88%
FY 2023 Q2	13.69%
FY 2023 Q3	14.59%
FY 2023 Q4	16.75%
FY 2024 Q1	13.6%
FY 2024 Q2	12.57%
FY 2024 Q3	14.44%
FY 2024 Q4	19.46%
FY 2025 Q1	11.66%
FY 2025 Q2	10.97%
FY 2025 Q3	5.35%
FY 2025 Q4	16.54%
FY 2026 Q1	12.75%
FY 2026 Q2	14.34%

P/E

× · TTM · Daily

32.29×

Fortive P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date	× · TTM · Daily	Financials through
2017-03-31	24.12×	2016-12-31
2017-04-28	—	2017-03-31
2017-05-31	—	2017-03-31
2017-06-30	—	2017-03-31
2017-07-31	25.59×	2017-06-30
2017-08-31	25.68×	2017-06-30
2017-09-29	27.98×	2017-06-30
2017-10-31	27.36×	2017-09-29
2017-11-30	28.26×	2017-09-29
2017-12-29	27.39×	2017-09-29
2018-01-31	28.78×	2017-09-29
2018-02-28	29.08×	2017-09-29
2018-03-29	29.35×	2017-09-29
2018-04-30	22.53×	2018-03-30
2018-05-31	23.29×	2018-03-30
2018-06-29	24.71×	2018-03-30
2018-07-31	26.3×	2018-03-30
2018-08-31	26.91×	2018-03-30
2018-09-28	26.98×	2018-03-30
2018-10-31	23.79×	2018-03-30
2018-11-30	24.38×	2018-03-30
2018-12-31	21.68×	2018-03-30
2019-01-31	24.03×	2018-03-30
2019-02-28	26.14×	2018-03-30
2019-03-29	9.87×	2018-12-31
2019-04-30	10.16×	2018-12-31
2019-05-31	8.96×	2018-12-31
2019-06-28	9.6×	2018-12-31
2019-07-31	8.95×	2018-12-31
2019-08-30	8.35×	2018-12-31
2019-09-30	8.07×	2018-12-31
2019-10-31	9.06×	2019-09-27
2019-11-29	9.47×	2019-09-27
2019-12-31	10.03×	2019-09-27
2020-01-31	9.84×	2019-09-27
2020-02-28	35.19×	2019-12-31
2020-03-31	28.08×	2019-12-31
2020-04-30	32.56×	2019-12-31
2020-05-29	37.88×	2020-03-27
2020-06-30	42.02×	2020-03-27
2020-07-31	47.42×	2020-06-26
2020-08-31	48.72×	2020-06-26
2020-09-30	51.49×	2020-06-26
2020-10-30	40.26×	2020-09-25
2020-11-30	45.83×	2020-09-25
2020-12-31	46.28×	2020-09-25
2021-01-29	43.18×	2020-09-25
2021-02-26	43.01×	2020-09-25
2021-03-31	46.16×	2020-09-25
2021-04-30	15.01×	2021-04-02
2021-05-28	15.37×	2021-04-02
2021-06-30	14.78×	2021-04-02
2021-07-30	14.96×	2021-07-02
2021-08-31	15.2×	2021-07-02
2021-09-30	14.53×	2021-07-02
2021-10-29	17.08×	2021-10-01
2021-11-30	16.66×	2021-10-01
2021-12-31	17.21×	2021-10-01
2022-01-31	15.91×	2021-10-01
2022-02-28	14.6×	2021-10-01
2022-03-31	38.52×	2021-12-31
2022-04-29	32.79×	2022-04-01
2022-05-31	35.22×	2022-04-01
2022-06-30	31.01×	2022-04-01
2022-07-29	35.38×	2022-07-01
2022-08-31	34.77×	2022-07-01
2022-09-30	32.01×	2022-07-01
2022-10-31	32.93×	2022-09-30
2022-11-30	34.81×	2022-09-30
2022-12-30	33.11×	2022-09-30
2023-01-31	35.06×	2022-09-30
2023-02-28	34.35×	2022-09-30
2023-03-31	32.25×	2022-12-31
2023-04-28	29.84×	2022-12-31
2023-05-31	30.8×	2022-12-31
2023-06-30	35.37×	2022-12-31
2023-07-31	37.06×	2022-12-31
2023-08-31	37.3×	2022-12-31
2023-09-29	35.08×	2022-12-31
2023-10-31	30.88×	2022-12-31
2023-11-30	32.63×	2022-12-31
2023-12-29	34.83×	2022-12-31
2024-01-31	36.98×	2022-12-31
2024-02-29	34.85×	2023-12-31
2024-03-28	35.21×	2023-12-31
2024-04-30	30.81×	2023-12-31
2024-05-31	30.47×	2023-12-31
2024-06-28	30.33×	2023-12-31
2024-07-31	29.41×	2023-12-31
2024-08-30	30.46×	2023-12-31
2024-09-30	32.31×	2023-12-31
2024-10-31	29.24×	2023-12-31
2024-11-29	32.48×	2023-12-31
2024-12-31	30.7×	2023-12-31
2025-01-31	33.29×	2023-12-31
2025-02-28	33.26×	2024-12-31
2025-03-31	30.6×	2024-12-31
2025-04-30	29.14×	2024-12-31
2025-05-30	29.35×	2024-12-31
2025-06-30	28.92×	2024-12-31
2025-07-31	26.59×	2024-12-31
2025-08-29	26.55×	2024-12-31
2025-09-30	27.18×	2024-12-31
2025-10-31	27.93×	2024-12-31
2025-11-28	29.67×	2024-12-31
2025-12-31	30.63×	2024-12-31
2026-01-30	29.3×	2024-12-31
2026-02-27	32.68×	2025-12-31
2026-03-31	30.52×	2025-12-31
2026-04-30	33.01×	2025-12-31
2026-05-29	33.55×	2026-04-03
2026-06-30	35.15×	2026-04-03
2026-07-31	34.08×	2026-07-03
2026-08-31	33.87×	2026-07-03
2026-09-25	32.29×	2026-07-03

ROIC

% · Annual / TTM

6.25%

Fortive ROIC. Reported fiscal history.
Fiscal period	% · Annual / TTM
FY 2016 Q2	—
FY 2016 Q3	—
FY 2016 Q4	—
FY 2017 Q1	—
FY 2017 Q2	17.96%
FY 2017 Q3	17.06%
FY 2017 Q4	18.14%
FY 2018 Q1	18.78%
FY 2018 Q2	19.77%
FY 2018 Q3	15.32%
FY 2018 Q4	12.73%
FY 2019 Q1	13.02%
FY 2019 Q2	9.85%
FY 2019 Q3	8.19%
FY 2019 Q4	7.79%
FY 2020 Q1	6.85%
FY 2020 Q2	5.58%
FY 2020 Q3	6.01%
FY 2020 Q4	4.35%
FY 2021 Q1	7.66%
FY 2021 Q2	7.94%
FY 2021 Q3	6.76%
FY 2021 Q4	6.13%
FY 2022 Q1	6.42%
FY 2022 Q2	6.56%
FY 2022 Q3	6.71%
FY 2022 Q4	6.86%
FY 2023 Q1	7.01%
FY 2023 Q2	7.48%
FY 2023 Q3	7.8%
FY 2023 Q4	8.15%
FY 2024 Q1	8.11%
FY 2024 Q2	8.28%
FY 2024 Q3	8.61%
FY 2024 Q4	8.24%
FY 2025 Q1	6.59%
FY 2025 Q2	6.09%
FY 2025 Q3	5.95%
FY 2025 Q4	5.69%
FY 2026 Q1	6.36%
FY 2026 Q2	6.25%

Capital allocation

% of tracked cash uses

$286.2M

Fortive capital allocation. Quarterly values. Missing values are unavailable.
Period	Capex	Acquisitions	Buybacks	Dividends	Debt repayments	Tracked uses
FY 2016 Q2	1.09% · $33M	0% · $0M	Unavailable	98.91% · $3,000M	Unavailable	100% · $3,033M
FY 2016 Q3	13.86% · $28.6M	86.14% · $177.8M	Unavailable	Unavailable	Unavailable	100% · $206.4M
FY 2016 Q4	62.07% · $39.6M	Unavailable	Unavailable	37.93% · $24.2M	Unavailable	100% · $63.8M
FY 2017 Q1	52.55% · $26.8M	0% · $0M	Unavailable	47.45% · $24.2M	Unavailable	100% · $51M
FY 2017 Q2	54.14% · $28.8M	0% · $0M	Unavailable	45.86% · $24.4M	Unavailable	100% · $53.2M
FY 2017 Q3	3.74% · $32.1M	93.44% · $802.1M	Unavailable	2.82% · $24.2M	Unavailable	100% · $858.4M
FY 2017 Q4	5.85% · $48.4M	91.2% · $754.5M	Unavailable	2.95% · $24.4M	Unavailable	100% · $827.3M
FY 2018 Q1	49.53% · $31.4M	12.15% · $7.7M	Unavailable	38.33% · $24.3M	Unavailable	100% · $63.4M
FY 2018 Q2	51.22% · $27.3M	3% · $1.6M	Unavailable	45.78% · $24.4M	Unavailable	100% · $53.3M
FY 2018 Q3	1.22% · $35M	97.93% · $2,815.9M	Unavailable	0.85% · $24.5M	Unavailable	100% · $2,875.4M
FY 2018 Q4	44.29% · $18.6M	Unavailable	Unavailable	55.71% · $23.4M	Unavailable	100% · $42M
FY 2019 Q1	50.63% · $24M	0% · $0M	Unavailable	49.37% · $23.4M	Unavailable	100% · $47.4M
FY 2019 Q2	0.75% · $24.5M	98.54% · $3,237.1M	Unavailable	0.71% · $23.4M	Unavailable	100% · $3,285M
FY 2019 Q3	15.16% · $31.1M	73.39% · $150.6M	Unavailable	11.45% · $23.5M	Unavailable	100% · $205.2M
FY 2019 Q4	5.37% · $32.9M	90.79% · $556.2M	Unavailable	3.84% · $23.5M	Unavailable	100% · $612.6M
FY 2020 Q1	49.78% · $33.8M	15.61% · $10.6M	Unavailable	34.61% · $23.5M	Unavailable	100% · $67.9M
FY 2020 Q2	51.3% · $25.7M	1.6% · $0.8M	Unavailable	47.11% · $23.6M	Unavailable	100% · $50.1M
FY 2020 Q3	41.98% · $26.7M	20.91% · $13.3M	Unavailable	37.11% · $23.6M	Unavailable	100% · $63.6M
FY 2020 Q4	Unavailable	39.85% · $15.7M	Unavailable	60.15% · $23.7M	Unavailable	100% · $39.4M
FY 2021 Q1	26.01% · $8.4M	0.62% · $0.2M	0% · $0M	73.37% · $23.7M	0% · $0M	100% · $32.3M
FY 2021 Q2	26.85% · $8.7M	Unavailable	0% · $0M	73.15% · $23.7M	0% · $0M	100% · $32.4M
FY 2021 Q3	0.91% · $10.9M	96.98% · $1,157.6M	0% · $0M	2.11% · $25.2M	0% · $0M	100% · $1,193.7M
FY 2021 Q4	1.51% · $22M	96.78% · $1,413.4M	0% · $0M	1.72% · $25.1M	0% · $0M	100% · $1,460.5M
FY 2022 Q1	1.49% · $18.8M	Unavailable	5.05% · $63.8M	1.99% · $25.1M	91.48% · $1,156.5M	100% · $1,264.2M
FY 2022 Q2	8.14% · $18.3M	1.11% · $2.5M	79.67% · $179.1M	11.08% · $24.9M	0% · $0M	100% · $224.8M
FY 2022 Q3	11.64% · $22.6M	7% · $13.6M	68.59% · $133.2M	12.77% · $24.8M	0% · $0M	100% · $194.2M
FY 2022 Q4	28.29% · $36.1M	Unavailable	52.35% · $66.8M	19.36% · $24.7M	0% · $0M	100% · $127.6M
FY 2023 Q1	50.1% · $24.8M	0% · $0M	0% · $0M	49.9% · $24.7M	0% · $0M	100% · $49.5M
FY 2023 Q2	12.02% · $21M	0% · $0M	73.9% · $129.1M	14.08% · $24.6M	0% · $0M	100% · $174.7M
FY 2023 Q3	14.76% · $27.9M	30.53% · $57.7M	41.69% · $78.8M	13.02% · $24.6M	0% · $0M	100% · $189M
FY 2023 Q4	20.63% · $34.1M	23.05% · $38.1M	39.32% · $65M	17% · $28.1M	0% · $0M	100% · $165.3M
FY 2024 Q1	1.49% · $26.4M	96.93% · $1,721.8M	0% · $0M	1.58% · $28.1M	Unavailable	100% · $1,776.3M
FY 2024 Q2	13.9% · $29.2M	0% · $0M	72.77% · $152.9M	13.33% · $28M	Unavailable	100% · $210.1M
FY 2024 Q3	8.54% · $27.8M	0% · $0M	82.93% · $270.1M	8.54% · $27.8M	Unavailable	100% · $325.7M
FY 2024 Q4	6.97% · $37M	0% · $0M	87.89% · $466.6M	5.14% · $27.3M	Unavailable	100% · $530.9M
FY 2025 Q1	10.41% · $26.7M	0% · $0M	78.99% · $202.6M	10.6% · $27.2M	Unavailable	100% · $256.5M
FY 2025 Q2	17.85% · $36.7M	0% · $0M	69.02% · $141.9M	13.13% · $27M	Unavailable	100% · $205.6M
FY 2025 Q3	1.1% · $11.3M	0% · $0M	97.04% · $1,000.6M	1.86% · $19.2M	Unavailable	100% · $1,031.1M
FY 2025 Q4	8.94% · $30.4M	7.56% · $25.7M	77.96% · $265M	5.53% · $18.8M	Unavailable	100% · $339.9M
FY 2026 Q1	4.88% · $26.6M	Unavailable	91.75% · $500.2M	3.37% · $18.4M	Unavailable	100% · $545.2M
FY 2026 Q2	9.82% · $28.1M	20.27% · $58M	69.92% · $200.1M	0% · $0M	Unavailable	100% · $286.2M

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for Fortive.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue: Reported revenue from company filings.
Free cash flow: Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin: Reported net income / revenue × 100.
P/E: Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC: NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation: Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.

Reported revenue and sources

Fortive financials