Fundamental analysis · SEC EDGAR · TTM through 03/04/2026
FTV · NYSE · Industrial
Fundamental quality
53
out of 100
Fortive Corp runs like a cash machine: it converts about 22.8% of revenue into free cash flow and holds a 12.8% net margin, though it grows at a measured pace. On fundamental quality it scores 53 out of 100, profiling it as a company with demanding fundamentals. Its weakest area is its growth (revenue -1.7%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Fortive is an instrumentation and industrial-technology conglomerate born from Danaher: measurement and calibration equipment (Fluke), maintenance software and hospital products. It applies its parent's famous continuous-improvement system to profitable niches.
EPS growth: -17.2% · Revenue growth: -1.7%
Net margin: 12.8% · ROE: 8.9% · ROIC: 7.1%
Net debt/EBITDA: 2.63x · FCF: 22.8%
Source: SEC EDGAR · TTM through 03/04/2026
The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.
Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 4,634 | 1,613 | 1,361 | 2,405 |
| 2021 | 5,255 | 608 | 911 | 3,140 |
| 2022 | 5,826 | 755 | 1,207 | 2,542 |
| 2023 | 3,914 | 866 | 1,275 | 1,757 |
| 2024 | 4,081 | 833 | 1,441 | 2,894 |
| 2025 | 4,159 | 579 | 978 | 2,831 |
Between 2020 and 2025, revenue went from $4,634M to $4,159M (-10%) and net income went from $1,613M to $579M (-64%). Meanwhile, its margins have narrowed (from 35% to 14%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the quarter ended April 3, 2026, versus the quarter ended March 28, 2025 (SEC filings):
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$0.29
per share, yearly
15.9% of earnings
Payout
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
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Is Fortive Corp cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Fortive Corp a good company to invest in?
In terms of business quality, Fortive Corp scores 53 out of 100 in our analysis, placing it as a company with demanding fundamentals. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Fortive Corp a profitable company?
Yes. Fortive Corp shows a net margin of 12.8% and an ROE of 8.9%, a sign of a profitable business.
Does Fortive Corp have a lot of debt?
A moderate level: its net debt is 2.63 times its EBITDA.
Is Fortive Corp growing?
Its revenue has fallen 1.7% annualized in recent years.
Does Fortive Corp generate cash?
Yes. It converts about 22.8% of its revenue into free cash flow, and has done so positively year after year.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Who's behind the methodology and model · how the score is computed
Data: see Fortive Corp's filings on EDGAR
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