Stock Analysis
Fortive CorporationFTV
P/E 32.66×· 5Y range 12.34–38.15×· 66th percentile of history
Sector: Technology · Industry: Industrial Instruments For Measurement, Display, And Control
AnalystsHold21 analystsP/E 32.7× sits at the 66th percentile of its 5.086926762491444-year history.
Cash covers 10% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Quality90
- Financial Health60
Risks
- Growth37
Mixed picture — no clear quality or value edge.
What's happening with FTV
Profile
Strong earnings quality; growth and valuation lag behind.
How is each axis scored?
- Valuation42/100 · Weak
- P/E vs own history (66th pct)5/25
- FCF yield (5.5%)20/25
- P/S (5.2x)12/25
- EV/EBIT (31.0x)5/25
- Growth37/100 · Weak
- Revenue CAGR (-5.7%)0/25
- Net income CAGR (0.2%)6/25
- EPS CAGR 5Y (1.5%)6/25
- Fwd implied growth (85.9%)25/25
- Profitability57/100 · Moderate
- ROIC (5.7%)5/25
- ROE (8.8%)12/25
- Net margin (16.0%)20/25
- Operating margin (20.0%)20/25
- Financial Health60/100 · Moderate
- Altman Z (2.96)18/25
- Current ratio (1.24)12/25
- Interest coverage (6.9x)18/25
- Net cash / debt (D/A 28%)12/25
- Quality90/100 · Strong
- Piotroski F (6/9)15/25
- Beneish M (-3.06)25/25
- FCF conversion (179%)25/25
- Margin stability (σ 4.0%)25/25
- Moat68/100 · Moderate
- ROIC >12% years (2/10 yrs)0/25
- Median gross margin (56.8%)25/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 9.2%)18/25
Risk Flags
- ⚠Revenue shrinking 5.7%/yr
About Fortive Corporation
Fortive Corp is a diversified industrial technology firm offering essential technologies, software, and services globally across several industries, such as manufacturing, utilities, medical, electronics, etc. Show more
It has two reportable segments: Intelligent Operating Solutions and Advanced Healthcare Solutions. Maximum revenue is generated from the Intelligent Operating Solutions segment, which offers professional instruments used in applications like maintenance, repair, measurement, and condition monitoring, connected worker safety, compliance solutions, etc. The products and services in this segment are marketed under various brands, including Fluke, Servicechannel, Gordian, Accruent, Industrial Scientific, and Intelex. Geographically, the firm generates maximum revenue from North America.
Headquarters: EVERETT, WA · Employees: 10,000 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
42D+P/E (TTM)32.7xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 12.3x–38.2x · 66th pct
P/FCF18.2xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield5.5%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 3.5%–6.8% · 78th pct
P/S (TTM)5.24xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 3.4x–8.3x · 86th pct
EV/EBIT31.0xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 20.7x–53.8x · 82nd pct
EV/Sales4.8xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E17.6xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.88xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio—
Finnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.32%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio15.3%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
57CROIC5.7%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE8.8%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA4.6%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin16.0%A
Grade A: HighNet Income / Revenue
Operating Margin20.0%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin67.1%A
Grade A: PremiumGross Profit / Revenue
FCF Margin28.7%A
Grade A: HighFCF / Revenue
True FCF Margin25.4%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
37DRevenue CAGR-5.7%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR0.2%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)1.5%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth85.9%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-11.7%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income20.0%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue3.2%C
Grade C: MedTTM stock-based comp / TTM Revenue
Financial Health
60BAltman Z-Score2.96C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.24xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.92xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage6.9xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment3.4yC
Grade C: AverageYears to repay net debt via FCF
Net Debt/EBIT4.8xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity0.59xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.10xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
90A+Piotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-3.06A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion178.7%A
Grade A: StrongFCF / Net Income
Margin Stability4.0%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue2.9%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.37xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Soroye Olumide Filed | Soroye Olumide | Grant / award | +15 | |
Lassiter Wright III Filed | Lassiter Wright III | BuyL | +5 | |
Mulhall Christopher M. Filed | Mulhall Christopher M. | Grant / award | +2 | |
Mulhall Christopher M. Filed | Mulhall Christopher M. | Grant / award | +8 | |
Desjourdy Amee Filed | Desjourdy Amee | Grant / award | +1 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Okerstrom Mark D Filed | Okerstrom Mark D | Grant / award | +5 | |
Underwood Peter C Filed | Underwood Peter C | Grant / award | +17 | |
Underwood Peter C Filed | Underwood Peter C | SellOpen market sale | -8662 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
68BROIC >12% Years2/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)56.8%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor9.2%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$1.77
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$1.24
Cash & short-term investments per share (Finnhub)
Book Value / Share$20.03
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$3.60B
Total debt obligations (short + long term)
Cash & Equiv.$374.20M
Cash and short-term investments
Net Debt$3.22B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$6.07B
Shareholders' equity (book value)
Asset / Liability2.09xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$17.45B
Current Market Capitalization
Beta1.06B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jul 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Fortive Corporation (FTV)
Piotroski F-Score of 6/9 indicates mixed fundamentals for Fortive Corporation. Altman Z-Score of 2.96 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out. Beneish M-Score of -3.06 suggests a low likelihood of earnings manipulation.
- Revenue has been contracting (CAGR ≈ -6%), which weighs on the growth outlook.
- Fortive Corporation converts about 29% of revenue into free cash flow — strong cash generation.
- Takes ~3.4 years to repay net debt from free cash flow.
See how FTV ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all FTV moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 2 | After-hours | 57.47 | +2.92% | 2.39 |
Frequently Asked Questions about FTV
What is the current Fortive Corporation (FTV) stock price?
FTV is trading at $57.79 at the last market close, up 0.02% on the session. PreMarketPrice tracks FTV pre-market, intraday and after-hours prices.
Is FTV stock a buy right now?
PreMarketPrice's quantitative model rates Fortive Corporation's financial health at 60/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is FTV stock overvalued?
Fortive Corporation trades at a trailing P/E of 32.7 and our valuation score rates it 42/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Fortive Corporation report earnings?
No confirmed earnings date is currently scheduled for FTV. The Earnings section lists recent reports and updates as dates are announced.
What sector does Fortive Corporation operate in?
Fortive Corporation operates in the Technology sector, within the Industrial Instruments For Measurement, Display, And Control industry. The Related Stocks section lists sector peers for comparison.
What does Fortive Corporation do?
Fortive Corp is a diversified industrial technology firm offering essential technologies, software, and services globally across several industries, such as manufacturing, utilities, medical, electronics, etc.
About Fortive Corporation (FTV) Stock
Fortive Corporation (FTV) is a US-listed stock operating in the Technology sector, specifically the Industrial Instruments For Measurement, Display, And Control industry. As of the latest update, Fortive Corporation is trading at $57.79, up 0.02% on the day with a market capitalization of $17.4 billion. The financial health score for FTV is 60/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for FTV stock.
FTV Stock Analysis & Key Metrics
On PreMarketPrice, you can track Fortive Corporation (FTV) across multiple dimensions:
- Pre-market price & movement: Real-time FTV stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for FTV with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Fortive Corporation across multiple reporting periods.
- Financial health score: A composite score of 60/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for FTV.
- Sector peers: Compare FTV against 6 other technology stocks on key financial metrics.
Is FTV a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Fortive Corporation (FTV) as an investment. The financial health score of 60/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Fortive Corporation (FTV) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.