FTV

FortiveNYSE · Industrial Machinery & Supplies & Components · Industrials

Previous close

65.23

Change

−0.61 / −0.93%

FinDog View

Bullish

52-Week Range ?

49.03 – 67.03

P/E (TTM) ?

37.0

Forward P/E ?

17.6

Based on consensus earnings for the next 12 months

Market Cap

$19.4B

+19.01%

S&P 500 −0.91% over same period

Volume / Avg Volume

4.9M / 3.2M

1.52× average

Latest earnings analysisFY2026 Q2Reported 2026-07-29

Fortive Q2 2026: adjusted EPS $0.74 beats, FY guidance raised

Fortive beat on adjusted profit and lifted full-year guidance, so the quarter reads as a clean win: revenue of $1.10 billion rose 7.9% and adjusted EPS of $0.74 came in above the $0.7154 consensus. The view is Bullish because core growth accelerated to 6.7% and adjusted EBITDA rose 12.0%. Read the rest with one caveat: per-share gains lean on a shrinking share count and a bigger debt balance.

Read the full analysis →

Revenue$1.10BYoY +7.90%

EPS (non-GAAP)$0.74Beatest. $0.72

Next-day move−1.78%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 33.91M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q2 Quarter ended 2026-07	2026-07-29	$1.1B	0.74 / 0.72	−1.78%	Read analysis →
FY2026 Q1 Quarter ended 2026-04	2026-04-30	$1.1B	0.70 / 0.65	−1.27%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-02-04	$1.1B	0.90 / 0.85	+0.12%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-29	$1.0B	0.68 / 0.58	+1.81%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-06-30	$1.5B	0.58 / —	+1.98%	Pending
FY2025 Q1	2025-06-10	$993M	0.55 / —	−1.87%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2027-02-02

in 93 days · After hours

Consensus EPS

$0.88

Last quarter EPS $0.74

Avg. next-day move over the last 6 reports

±1.5%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 98 of its 5-year rangeExpensive

5-year range 22.0 – 36.5 · Median 31.5

Last 4 quarters: $1.3B in buybacks + $76.1M in dividends, 6.94% of market cap combined

P/E (TTM)

37.0

P/B

3.3

P/S

4.6

Dividend Yield

0.47%

Earnings Reaction

Over the last 6 reports, the stock moved ±1.5% on average on the first trading day after, rising 3 times

Most recent −1.78%

Volatility & Correlation

1-year beta 0.59 · Correlation with S&P 500 0.28Low beta

Annualized volatility 27% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 1 · $0.53MNet selling $0.53M

08-10Underwood Peter CSVP - Chief Legal OfficerSell$0.53M8,662 shares · Avg price 61.59

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q3	1.11	+7.8%	64.2%	0.24	0.17	0.28	0.57
FY2026 Q2	1.10	+7.9%	63.4%	0.21	0.16	0.26	0.51
FY2026 Q1	1.07	+7.7%	63.2%	0.19	0.14	0.21	0.44
FY2025 Q4	1.12	+4.6%	—	0.23	—	0.34	0.58
FY2025 Q3	1.03	+2.3%	63.2%	0.16	0.06	0.14	0.16
FY2025 Q2	1.02	−0.4%	63.5%	0.17	0.17	0.29	0.49
FY2025 Q1	0.99	+0.9%	64.2%	0.17	0.17	0.22	0.50
FY2024 Q4	1.07	−289.0%	—	0.21	—	0.48	0.60
FY2024 Q3	1.00	−32.8%	63.9%	0.17	0.22	0.45	0.63
FY2024 Q2	1.02	−33.2%	38.8%	0.18	0.20	0.28	0.55
FY2024 Q1	0.98	−32.6%	37.0%	0.15	0.21	0.23	0.58
FY2023 Q4	-0.57	−137.1%	29.9%	-0.25	0.27	0.44	0.74

Peers

Largest by market cap in the sector · Latest quarterView Industrials sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
FTV	Fortive	$19.4B	37.0	+7.8%	64.2%	+19.01%	Bullish
SPCX	SpaceX	$1.85T	—	+161.4%	62.4%	−10.70%	Bullish	Compare
CAT	Caterpillar Inc.	$288B	26.8	+24.0%	37.8%	−23.19%	Bullish	Compare
GE	GE Aerospace	$313B	35.1	+15.9%	—	−3.36%	Bullish	Compare
RTX	RTX Corporation	$271B	32.0	+11.1%	—	+7.62%	Bullish	Compare
GEV	GE Vernova	$227B	22.8	+26.8%	24.6%	−9.74%	Bullish	Compare
UNP	Union Pacific Corporation	$181B	23.6	+15.3%	—	+11.71%	Bullish	Compare
DE	Deere & Company	$182B	36.7	+4.9%	—	+0.59%	Bullish	Compare
ETN	Eaton Corporation	$144B	38.6	+21.4%	33.5%	−13.90%	Bullish	Compare

The View in One Line

Revenue +7.7% YoY, 63.2% gross margin, EPS $0.74 beat; core growth accelerating with raised guidance, but one-off items and debt-funded buybacks warrant cautious bullish.

Updated 2026-10-30

View History

09-17Neutral → Bullish
Core revenue up 6.7%, EPS beat and guidance raised, but one-off items and debt-funded buybacks tighten the balance sheet; cautiously bullish.

Notable Institutional Holders

Viking Global Investors$1.2BReduced −11%
Renaissance Technologies$81.1MAdded +18%
Citadel Advisors · Ken Griffin$8.0MReduced −58%

As of 2026-06-30

ETFs holding it

XLI Industrial Select Sector SPDR Fund0.37%
RSP Invesco S&P 500 Equal Weight ETF0.21%
VTV Vanguard Value ETF0.04%
SPY SPDR S&P 500 ETF Trust0.03%
VOO Vanguard S&P 500 ETF0.03%
IVV iShares Core S&P 500 ETF0.03%
VTI Vanguard Total Stock Market ETF0.03%

Weights estimated at latest prices

Key Events

09-10Management Change
Board Expanded to Nine Members; Susan L. Main Appointed Director
Effective September 9, 2026, Fortive appointed Susan L. Main as a director, expanding the board from eight to nine members; she also joined the audit committee.Source ↗
06-11Governance
Fortive Annual Meeting Passes Three Proposals Including Director Elections
On June 9, 2026, Fortive shareholders elected eight directors, approved an advisory executive compensation proposal, and approved Ernst & Young as auditor for 2026.Source ↗
05-14Capital Actions
Fortive Issues $1.1 Billion in New Debt for Refinancing
On May 14, 2026, Fortive completed the issuance of $600 million 4.750% notes due 2031 and $500 million 5.250% notes due 2036, to repay debt including 3.150% senior notes maturing in June 2026.Source ↗

Key Financial Trends

Quarterly Revenue ($B)1.1

Gross Margin64.2%

Free Cash Flow ($B)0.3