Stocks · Technology · Hardware, Equipment & Parts
Fortive Corporation FTV
$57.47 +2.92% Close, Oct 2, 2026 · NYSE · Market cap $17.36B
Low risk
Next earnings report: Oct 28, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count fell 10.0% in a year, mainly through buybacks.
- The shares trade at 33.8× trailing earnings, higher than 90% of the company's own readings over the past five years.
- Revenue over the last four quarters was $4.32B, down 29.8% from a year earlier, slowing from -23.4% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth3Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 3%
- EPS growth (TTM, YoY)Bottom 24%
- FCF growth (TTM, YoY)Bottom 15%
- Revenue growth, 3-year CAGRBottom 19%
- Revenue growth accelerationBottom 10%
Quality63Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 40%
- Gross marginTop 36%
- Operating marginTop 17%
- Cash conversion (OCF / net income)Top 41%
- Accruals (lower is better)Bottom 37%
- Net debt / EBITDA (lower is better)Bottom 20%
- Interest coverTop 39%
Value58Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 29%
- Free-cash-flow yieldTop 32%
- EBITDA / enterprise valueTop 35%
- Sales / enterprise valueBottom 45%
- P/E vs own 5-year history (lower is better)Bottom 16%
Momentum51Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 43%
- 6-month returnBottom 29%
- 1-year return vs S&P 500Top 43%
- Distance from 52-week highTop 21%
- Trend checklist (0–4)Bottom 40%
Revisions25Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 45%
- Consecutive EPS beatsTop 41%
- Share of analysts rating BuyBottom 13%
- Upside to consensus price targetBottom 33%
Stability89Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 3%
- Maximum drawdown, 3 yearsTop 2%
- Beta vs S&P 500 (lower is better)Top 18%
- Net debt / EBITDA (lower is better)Bottom 20%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -23.4% | -29.8% | ↓ |
| EPS growth (YoY) | -26.3% | -23.4% | ↑ |
| Gross margin | 59.8% | 63.2% | ↑ |
| Operating margin | 18.4% | 18.2% | ↓ |
| FCF margin | 22.8% | 22.1% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -29.8% | -23.4% | ↓ | Bottom 3% |
| EPS growth (TTM, YoY) | -23.4% | -26.3% | ↑ | Bottom 24% |
| Gross margin | 63.2% | 59.8% | ↑ | Top 36% |
| Operating margin | 18.2% | 18.4% | ↓ | Top 17% |
| Net margin | 12.4% | 12.5% | ↓ | — |
| Free-cash-flow margin | 22.1% | 22.8% | ↓ | — |
| Return on invested capital | 6.8% | — | Top 40% | |
| Revenue growth, 3-year CAGR | -4.1% | — | Bottom 19% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.97×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 2.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +1.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.92×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 6.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.32%
- Net buyback yield (TTM)
- 7.55%
- Shareholder yield
- 7.87%
- Share count change, 1 year
- -10.0%
- Share count change, 3-year CAGR
- -4.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 3, 2026 (filed Jul 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 4
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +10.1%
- Average 2-day reaction, last 8
- -1.0%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $64.67
- Target vs current price
- +12.5%
- Analysts with a rating
- 30
- Share rating Buy or Strong Buy
- 37%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +4.7% | -7.1% | -5.6% | -7.2% | — |
| Apr 30, 2026 | +8.9% | -3.2% | -2.2% | -4.2% | +1.9% |
| Feb 4, 2026 | +7.4% | +10.6% | +13.9% | +6.7% | +10.0% |
| Oct 29, 2025 | +19.5% | +2.4% | +2.4% | +8.4% | +11.4% |
| Jul 30, 2025 | -0.9% | -2.5% | -4.9% | -4.7% | -3.6% |
| May 1, 2025 | +32.6% | -4.2% | -2.4% | +2.0% | -2.4% |
| Feb 7, 2025 | +4.5% | -0.9% | +2.3% | -4.1% | -15.3% |
| Oct 30, 2024 | +4.2% | -3.4% | -4.3% | +5.9% | +7.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $0.74 | $0.71 | +4.7% | $1.10B |
| Apr 30, 2026 | $0.70 | $0.64 | +8.9% | $1.07B |
| Feb 4, 2026 | $0.90 | $0.84 | +7.4% | $1.12B |
| Oct 29, 2025 | $0.68 | $0.57 | +19.5% | $1.03B |
| Jul 30, 2025 | $0.58 | $0.59 | -0.9% | $1.52B |
| May 1, 2025 | $0.85 | $0.64 | +32.6% | $1.47B |
| Feb 7, 2025 | $1.17 | $1.12 | +4.5% | $1.62B |
| Oct 30, 2024 | $0.97 | $0.93 | +4.2% | $1.53B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 33.8× | 24.6× | 90th | Top 29% |
| P/E (forward) | 19.1× | — | — | — |
| EV / EBITDA | 19.1× | — | — | Top 35% |
| EV / Sales | 4.75× | — | — | Bottom 45% |
| Free-cash-flow yield | 5.50% | — | — | Top 32% |
| Earnings yield | 2.96% | — | — | Top 29% |
P/E over the past five years
Range 11.0× – 35.6× since Jul 2, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +14.8%
- Earnings per share growth (TTM)
- -23.4%
- Change in P/E multiple
- +56.6%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -3.8%
- 200-day average slope (20 days)
- +0.4%
- Distance from 50-day average
- -1.6%
- Distance from 200-day average
- -1.4%
- RSI (14)
- 54.6
- Relative volume
- 1.19×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 27.2%
- Volatility vs own 5-year history
- 67th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.92
- Correlation with S&P 500
- 0.57
- Current drawdown from 1-year high
- -10.3%
- Maximum drawdown, 3 years
- -28.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 19, 2021 | Jun 17, 2022 | -32.3% | 144 days | 287 days (Aug 10, 2023) |
| Feb 28, 2024 | Aug 1, 2025 | -28.4% | 357 days | Not yet recovered |
| Aug 14, 2023 | Oct 25, 2023 | -19.0% | 51 days | 67 days (Feb 1, 2024) |
| Oct 9, 2020 | Oct 30, 2020 | -11.8% | 15 days | 6 days (Nov 9, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $17.36B
- P/E (TTM)
- 33.8
- EPS, diluted (TTM)
- $1.70
- Revenue (TTM)
- $4.32B
- Dividend yield
- 0.44%
- 52-week range
- $47.71 – $64.56
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $5.25B | $5.83B | $6.07B | $6.23B | $5.14B |
| Gross profit | $3.01B | $3.36B | $3.59B | $3.73B | $3.13B |
| Operating income | $831.5M | $1.01B | $1.13B | $1.18B | $908.9M |
| Net income | $608.4M | $755.2M | $865.8M | $832.9M | $579.2M |
| EPS (diluted) | $1.63 | $2.09 | $2.43 | $2.36 | $1.74 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.53B | $1.62B | $1.47B | $1.52B | $1.03B | $1.12B | $1.07B | $1.10B |
| Net income | $221.6M | $208.8M | $171.9M | $166.6M | $55.0M | $185.7M | $136.4M | $157.3M |
| EPS (diluted) | $0.63 | $0.60 | $0.50 | $0.49 | $0.17 | $0.58 | $0.44 | $0.51 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $961.1M | $1.30B | $1.35B | $1.53B | $1.08B |
| Capital expenditure | -$50.0M | -$95.8M | -$107.8M | -$120.4M | -$105.1M |
| Free cash flow | $911.1M | $1.21B | $1.25B | $1.41B | $978.1M |
| Dividends paid | -$97.7M | -$99.5M | -$102.0M | -$111.2M | -$92.2M |
| Net share buybacks | $0 | -$442.9M | -$272.9M | -$889.6M | -$1.61B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $374.2M
- Total assets
- $11.62B
- Total liabilities
- $5.55B
- Total debt
- $3.51B
- Net debt
- $3.14B
- Shareholders’ equity
- $6.06B
As of Jul 3, 2026 (filed Jul 29, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 4, 2026 | $0.07 | Sep 25, 2026 |
| Jun 22, 2026 | $0.06 | Jul 6, 2026 |
| Mar 13, 2026 | $0.06 | Mar 27, 2026 |
| Nov 28, 2025 | $0.06 | Dec 26, 2025 |
| Sep 12, 2025 | $0.06 | Sep 26, 2025 |
| May 30, 2025 | $0.08 | Jun 27, 2025 |
| Feb 28, 2025 | $0.08 | Mar 28, 2025 |
| Nov 29, 2024 | $0.08 | Dec 27, 2024 |
Short interest
- Shares sold short
- 12,590,192
- Days to cover
- 5.26
- Change vs previous report
- -12.3%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 30, 2025
- 1,327-for-1,000
- Oct 9, 2020
- 239-for-200