Fortive
Fortive returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jul 3, 2026 | 6.25% | 6.34% | — | 6.5% | 3.58% | -1.5 pp |
| FY 2026 Q1 | Apr 3, 2026 | 6.36% | 6.71% | — | 6.66% | 3.79% | -1.3 pp |
| FY 2025 Q4 | Dec 31, 2025 | 5.69% | 5.94% | — | 6.96% | 4.03% | -2 pp |
| FY 2025 Q3 | Sep 26, 2025 | 5.95% | 6.68% | — | 7.06% | 4.11% | -1.7 pp |
| FY 2025 Q2 | Jun 27, 2025 | 6.09% | 6.48% | — | 7.36% | 4.33% | -1.6 pp |
| FY 2025 Q1 | Mar 28, 2025 | 6.59% | 6.91% | — | 7.7% | 4.6% | -1.1 pp |
| FY 2024 Q4 | Dec 31, 2024 | 8.24% | 8.07% | 4.55% | 8.12% | 4.91% | 0.5 pp |
| FY 2024 Q3 | Sep 27, 2024 | 8.61% | 8.47% | 10.4% | 8.62% | 5.37% | 0.9 pp |
| FY 2024 Q2 | Jun 28, 2024 | 8.28% | 8.5% | 10.52% | 8.66% | 5.37% | 0.6 pp |
| FY 2024 Q1 | Mar 29, 2024 | 8.11% | 8.26% | 12.83% | 8.84% | 5.4% | 0.4 pp |
| FY 2023 Q4 | Dec 31, 2023 | 8.15% | 8.02% | — | 8.66% | 5.28% | 0.4 pp |
| FY 2023 Q3 | Sep 29, 2023 | 7.8% | 8.39% | — | 8.5% | 5.25% | 0.1 pp |
| FY 2023 Q2 | Jun 30, 2023 | 7.48% | 8.08% | — | 8.24% | 5.03% | -0.2 pp |
| FY 2023 Q1 | Mar 31, 2023 | 7.01% | 7.56% | — | 7.86% | 4.76% | -0.7 pp |
| FY 2022 Q4 | Dec 31, 2022 | 6.86% | 7.62% | — | 7.87% | 4.67% | -0.8 pp |
| FY 2022 Q3 | Sep 30, 2022 | 6.71% | 7.07% | 0.6% | 7.42% | 4.49% | -1 pp |
| FY 2022 Q2 | Jul 1, 2022 | 6.56% | 6.67% | -6.26% | 7.03% | 4.28% | -1.1 pp |
| FY 2022 Q1 | Apr 1, 2022 | 6.42% | 6.48% | -5.5% | 6.96% | 4.33% | -1.3 pp |
| FY 2021 Q4 | Dec 31, 2021 | 6.13% | 6.27% | 16.99% | 6.21% | 3.74% | -1.6 pp |
| FY 2021 Q3 | Oct 1, 2021 | 6.76% | 6.04% | — | 18.9% | 10.3% | -0.9 pp |
| FY 2021 Q2 | Jul 2, 2021 | 7.94% | 7.01% | — | 20.04% | 11.11% | 0.2 pp |
| FY 2021 Q1 | Apr 2, 2021 | 7.66% | 6.64% | — | 19.85% | 10.78% | -0 pp |
| FY 2020 Q4 | Dec 31, 2020 | 4.35% | 3.97% | — | 18.89% | 9.63% | -3.4 pp |
| FY 2020 Q3 | Sep 25, 2020 | 6.01% | 6.57% | — | 7.03% | 3.49% | -1.7 pp |
| FY 2020 Q2 | Jun 26, 2020 | 5.58% | 6.17% | — | 6.98% | 3.45% | -2.1 pp |
| FY 2020 Q1 | Mar 27, 2020 | 6.85% | 6.51% | -9.37% | 7.77% | 3.78% | -0.9 pp |
| FY 2019 Q4 | Dec 31, 2019 | 7.79% | 8.14% | -4.66% | 9.58% | 4.87% | 0.1 pp |
| FY 2019 Q3 | Sep 27, 2019 | 8.19% | 8.32% | -13.58% | 39.89% | 17.42% | 0.5 pp |
| FY 2019 Q2 | Jun 28, 2019 | 9.85% | 9.27% | -5.56% | 41.59% | 18.95% | 2.2 pp |
| FY 2019 Q1 | Mar 29, 2019 | 13.02% | 10.95% | -6.85% | 50.53% | 21.41% | 5.3 pp |
| FY 2018 Q4 | Dec 31, 2018 | 12.73% | 12.02% | -5.02% | 55.44% | 24.9% | 5 pp |
| FY 2018 Q3 | Sep 28, 2018 | 15.32% | 15.25% | 6.72% | 24.09% | 9.82% | 7.6 pp |
| FY 2018 Q2 | Jun 29, 2018 | 19.77% | 17.07% | 16.91% | 26.4% | 11.35% | 12.1 pp |
| FY 2018 Q1 | Mar 30, 2018 | 18.78% | 17.45% | 12.8% | 31.69% | 11.71% | 11.1 pp |
| FY 2017 Q4 | Dec 31, 2017 | 18.14% | 17.35% | 11.71% | 32.25% | 11.18% | 10.4 pp |
| FY 2017 Q3 | Sep 29, 2017 | 17.06% | 18.17% | — | 30.91% | 10.68% | 9.4 pp |
| FY 2017 Q2 | Jun 30, 2017 | 17.96% | 19.27% | — | 32.18% | 10.97% | 10.3 pp |
| FY 2017 Q1 | Mar 31, 2017 | — | — | — | — | — | — |
| FY 2016 Q4 | Dec 31, 2016 | — | — | — | — | — | — |
| FY 2016 Q3 | Sep 30, 2016 | — | — | — | — | — | — |
| FY 2016 Q2 | Jul 1, 2016 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · FTV, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- 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.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.