Fortive Corporation (FTV) Stock Analysis

Why this analysis is different

• A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
• An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
• Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.

Fortive Corporation (FTV) Technology Profile & Competitive Position

Fortive Corporation is a diversified technology company delivering professional and engineered products, software, and services across various sectors. With a focus on intelligent operating solutions, precision technologies, and advanced healthcare solutions, Fortive leverages its brand portfolio and global reach to serve diverse customer needs, maintaining a strong market presence.

What Is the Investment Thesis for FTV?

Fortive Corporation presents a notable research candidate due to its diversified business model and strong market positions across multiple sectors. The company's focus on essential products and services, coupled with a high gross margin of 61.8% and a profit margin of 11.5%, indicates efficient operations and profitability. Growth catalysts include expansion in key markets, strategic acquisitions, and continued innovation in its product offerings. The company's beta of 1.00 suggests market-correlated volatility. However, potential risks include economic downturns affecting industrial spending and increased competition. Fortive's ability to maintain its competitive advantages and capitalize on growth opportunities will be crucial for long-term value creation.

Based on FMP financials and quantitative analysis

FTV Key Highlights

Market capitalization of $17.8B reflects Fortive's significant presence in the technology sector.

• P/E ratio of 34.5 indicates investor expectations for future earnings growth.
• Gross margin of 61.8% showcases the company's ability to maintain profitability in its diverse product lines.
• Profit margin of 11.5% demonstrates effective cost management and operational efficiency.
• Dividend yield of 0.40% provides a modest return for investors, with potential for future increases.

Who Are FTV's Competitors?

FTV is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are FTV's Key Strengths?

Diversified product portfolio across multiple industries.

• Strong brand recognition and reputation.
• Global presence and distribution network.
• Recurring revenue streams from software and services.
• Technological innovation and expertise.

What Are FTV's Weaknesses?

Exposure to economic cycles affecting industrial spending.

• Complexity of managing a diverse portfolio.
• Potential for integration challenges with acquisitions.
• Dependence on key suppliers for certain components.

What Could Drive FTV Stock Higher?

Continued expansion in the healthcare sector through innovative solutions.

• Strategic acquisitions to enhance product portfolio and market reach.
• Increasing demand for connected reliability tools and enterprise software.
• Geographic expansion in emerging markets with high growth potential.
• New product launches in precision technologies segment in Q3 2026.

What Are the Key Risks for FTV?

Economic downturns affecting industrial and healthcare spending.

• Intense competition from established and emerging players.
• Technological disruptions and changing customer preferences.
• Regulatory changes and compliance requirements.
• Integration challenges with acquired companies.

What Are the Growth Opportunities for FTV?

• Expansion in Healthcare Solutions: Fortive's Advanced Healthcare Solutions segment has significant growth potential, driven by increasing demand for instrument and device reprocessing, infection control, and surgical inventory management. Timeline: Ongoing.
• Strengthening Intelligent Operating Solutions: The Intelligent Operating Solutions segment can capitalize on the growing demand for connected reliability tools and enterprise software. The increasing focus on operational efficiency and safety across industries like manufacturing and utilities drives the need for Fortive's solutions. The market for industrial software is expected to grow substantially, offering Fortive opportunities for expansion. Timeline: Ongoing.
• Leveraging Precision Technologies: Fortive's Precision Technologies segment can benefit from the increasing demand for electrical test and measurement instruments, energetic material devices, and sensor and control system solutions. The growth in industries like power and energy, aerospace and defense, and electronics creates opportunities for Fortive to expand its market presence. Timeline: Ongoing.
• Strategic Acquisitions: Fortive can pursue strategic acquisitions to expand its product portfolio, enter new markets, and enhance its competitive position. By acquiring companies with complementary technologies and customer bases, Fortive can accelerate its growth and create synergies across its existing businesses. This strategy allows Fortive to quickly adapt to changing market dynamics and customer needs. Timeline: Ongoing.
• Geographic Expansion: Fortive can expand its presence in emerging markets to tap into new growth opportunities. By establishing operations and partnerships in regions with high growth potential, such as Asia-Pacific and Latin America, Fortive can diversify its revenue streams and reduce its reliance on mature markets. This expansion strategy will require investments in local infrastructure and talent. Timeline: Ongoing.

What Are FTV's Competitive Advantages?

• Diversified product portfolio reduces reliance on any single market or product.
• Strong brand reputation across multiple industries.
• Global presence provides access to diverse markets and customer bases.
• Recurring revenue streams from software subscriptions and services.
• Technological expertise and innovation in key product areas.

What Does FTV Do?

Fortive Corporation, incorporated in 2015 and headquartered in Everett, Washington, is a global provider of professional and engineered products, software, and services. The company operates through three primary segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment offers connected reliability tools, environment, health, safety, and quality enterprise software, facility and asset lifecycle software, pre-construction planning and construction procurement solutions, ruggedized professional test tools, and portable gas detection tools. These products and services cater to industries such as manufacturing, process industries, healthcare, utilities and power, communications and electronics, and more. Key brands in this segment include ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL. The Precision Technologies segment provides electrical test and measurement instruments and services, energetic material devices, and sensor and control system solutions. These offerings serve power and energy, medical equipment, food and beverage, aerospace and defense, off-highway vehicles, electronics, semiconductors, and other general industrial markets. Brands in this segment include ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX. The Advanced Healthcare Solutions segment provides hardware and software products and services, including instrument and device reprocessing, instrument tracking, biomedical test tools, radiation safety monitoring, and asset management services. It also offers subscription-based surgical inventory management systems and technical, analytical, and compliance services. Brands in this segment include ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD. Fortive's diverse portfolio and global presence enable it to address a wide range of customer needs across various industries.

What Products and Services Does FTV Offer?

• Designs, develops, and manufactures professional and engineered products.
• Offers software and services for various industries.
• Provides connected reliability tools for manufacturing and process industries.
• Delivers environment, health, safety, and quality enterprise software.
• Offers facility and asset lifecycle software solutions.
• Provides electrical test and measurement instruments and services.
• Offers advanced healthcare solutions, including instrument reprocessing and tracking.
• Provides subscription-based surgical inventory management systems.

How Does FTV Make Money?

• Generates revenue through the sale of professional and engineered products.
• Offers software subscriptions and related services.
• Provides recurring revenue through maintenance and support contracts.
• Derives income from instrument and device reprocessing services.
• Earns revenue from technical, analytical, and compliance services.

What Industry Does FTV Operate In?

Fortive operates in the hardware, equipment, and parts industry within the broader technology sector. This industry is characterized by continuous innovation, evolving customer needs, and increasing demand for technologically advanced solutions. The competitive landscape includes companies like Coherent, Inc. and CGI Inc., each vying for market share through product differentiation and strategic partnerships. Fortive's diverse portfolio and global reach position it well to capitalize on industry growth, driven by factors such as increasing automation, digitization, and healthcare advancements.

Who Are FTV's Key Customers?

• Manufacturing companies seeking reliability and safety solutions.
• Healthcare providers requiring instrument reprocessing and inventory management.
• Utilities and power companies needing test and measurement instruments.
• Aerospace and defense companies utilizing sensor and control systems.
• Electronics and semiconductor manufacturers requiring testing equipment.

Company Profile

Fortive Corporation operates in the Industrial - Machinery industry within the Technology sector. It is headquartered in Everett, US. The company is led by CEO Olumide O. Soroye. FTV has traded publicly since 2016.

Fortive Corporation Financial Trajectory

Fortive Corporation (FTV) reported $1.10B in revenue for Q3 2026, reflecting 2.6% growth compared to the prior quarter. The company recorded net income of $157.3M, with diluted EPS of $0.51. Quarter-over-quarter revenue has been mixed, typical for a large-cap company operating in Technology. Across the four most recent quarters, FTV averaged $0.42 in diluted EPS.

How Fortive Corporation Is Valued

Fortive Corporation carries a market capitalization of $17.8B, placing it in the large-cap category. Relative to its peer group, FTV's quantitative score of 60/100 is roughly in line with the peer average of 56/100.

Return on equity for Fortive Corporation stands at 7.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 4.7%, showing how much profit it generates from its asset base. FTV trades at a trailing price-to-earnings ratio of 34.46, roughly in line with the Technology sector average of ~34x. Its free cash flow yield is 5.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.71 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 2.9%, the inverse of the P/E and a quick read on earnings relative to price.

Fortive Corporation's Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 3.25 places it in the safe zone, indicating low near-term bankruptcy risk.

Fortive Corporation has beaten Wall Street's EPS estimate in 7 of its last 8 reported quarters — a consistent record of delivering on expectations. Reported results have landed about 10.1% above estimates on average.

Wall Street analysts project Fortive Corporation revenue of about $4.36B for fiscal 2026, with EPS near $3.01. The estimate reflects 10 contributing analysts.

Over the past six months, Fortive Corporation insiders filed 15 SEC Form 4 transactions — 2 sales and 13 purchases. On net that is roughly 12K shares disposed (about $770K), a signal worth weighing alongside the fundamentals.

FTV Financials

FTV Latest News

FTV Analyst Consensus

FTV MoonshotScore

Common Questions About FTV (Technology)

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources