📊 FTV Key Takeaways
Is Fortive Corp (FTV) a Good Investment?
Fortive demonstrates solid operational fundamentals with strong profitability margins (63.5% gross, 17.3% operating) and robust free cash flow generation ($978.1M FCF, 23.5% margin). However, significant concerns around declining profitability (net income down 30.5% YoY despite 1.9% revenue growth), weak liquidity metrics (0.71x current ratio), and elevated debt levels relative to equity (0.50x D/E) warrant a cautious stance pending evidence of operational recovery.
Fortive shows solid core business quality with high gross margins, healthy operating profitability, and excellent free cash flow conversion. However, the combination of only modest revenue growth, a sharp year-over-year decline in net income and EPS, and weak short-term liquidity tempers the fundamental outlook. The company appears financially sound over the medium term, but current earnings momentum is not strong enough to justify a more bullish rating.
Why Buy Fortive Corp Stock? FTV Key Strengths
- Exceptional gross margins of 63.5% indicating strong pricing power and operational efficiency
- Robust free cash flow generation of $978.1M with 23.5% FCF margin, supporting dividend sustainability
- Diversified industrial instruments portfolio with exposure to critical measurement and control markets
- High gross margin of 63.5% indicates strong pricing power and favorable business mix
- Free cash flow of $978.1M and a 23.5% FCF margin show strong cash generation
- Moderate leverage with debt/equity of 0.50x supports overall balance sheet stability
FTV Stock Risks: Fortive Corp Investment Risks
- Severe net income decline of 30.5% YoY (despite revenue growth) suggests margin compression and potential operational headwinds
- Weak current ratio of 0.71x indicates insufficient short-term liquidity to cover current obligations
- High debt burden of $3.2B with deteriorating profitability constraining financial flexibility and debt service capacity
- Net income fell 30.5% year over year and diluted EPS declined 26.7%, signaling earnings pressure
- Revenue growth of 1.9% is modest and may indicate limited near-term organic expansion
- Current ratio of 0.71x and quick ratio of 0.58x point to weak short-term liquidity
Key Metrics to Watch
- Operating margin trend and net income recovery trajectory
- Organic revenue growth acceleration versus 1.9% current growth rate
- Current ratio improvement and working capital management efficiency
- Net income and EPS trend versus revenue growth
- Current ratio and operating cash flow sustainability
Fortive Corp (FTV) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 23.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
FTV Profit Margin, ROE & Profitability Analysis
FTV vs Industrial Sector: How Fortive Corp Compares
How Fortive Corp compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Fortive Corp Stock Overvalued? FTV Valuation Analysis 2026
Based on fundamental analysis, Fortive Corp has mixed fundamental signals relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Fortive Corp Balance Sheet: FTV Debt, Cash & Liquidity
FTV Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Fortive Corp's revenue has declined by 21% over the 5-year period, indicating business contraction. The most recent EPS of $2.43 reflects profitable operations.
FTV Revenue Growth, EPS Growth & YoY Performance
FTV Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $1.0B | $55.0M | $0.16 |
| Q2 2025 | $1.5B | $166.6M | $0.49 |
| Q1 2025 | $1.5B | $171.9M | $0.50 |
| Q3 2024 | $1.5B | $218.0M | $0.61 |
| Q2 2024 | $1.5B | $195.1M | $0.55 |
| Q1 2024 | $1.5B | $173.6M | $0.49 |
| Q3 2023 | $1.5B | N/A | $0.53 |
| Q2 2023 | $1.5B | N/A | $0.48 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Fortive Corp Dividends, Buybacks & Capital Allocation
FTV SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Fortive Corp (CIK: 0001659166)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 31, 2026 | 4 | xslF345X06/wk-form4_1774988163.xml | View → |
| Mar 31, 2026 | 4 | xslF345X06/wk-form4_1774988132.xml | View → |
| Mar 31, 2026 | 4 | xslF345X06/wk-form4_1774988126.xml | View → |
| Mar 31, 2026 | 4 | xslF345X06/wk-form4_1774988112.xml | View → |
| Mar 31, 2026 | 4 | xslF345X06/wk-form4_1774988101.xml | View → |
❓ Frequently Asked Questions about FTV
What is the AI rating for FTV?
Fortive Corp (FTV) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are FTV's key strengths?
Claude: Exceptional gross margins of 63.5% indicating strong pricing power and operational efficiency. Robust free cash flow generation of $978.1M with 23.5% FCF margin, supporting dividend sustainability. ChatGPT: High gross margin of 63.5% indicates strong pricing power and favorable business mix. Free cash flow of $978.1M and a 23.5% FCF margin show strong cash generation.
What are the risks of investing in FTV?
Claude: Severe net income decline of 30.5% YoY (despite revenue growth) suggests margin compression and potential operational headwinds. Weak current ratio of 0.71x indicates insufficient short-term liquidity to cover current obligations. ChatGPT: Net income fell 30.5% year over year and diluted EPS declined 26.7%, signaling earnings pressure. Revenue growth of 1.9% is modest and may indicate limited near-term organic expansion.
What is FTV's revenue and growth?
Fortive Corp reported revenue of $4.2B.
Does FTV pay dividends?
Fortive Corp pays dividends, with $92.2M distributed to shareholders in the trailing twelve months.
Where can I find FTV SEC filings?
Official SEC filings for Fortive Corp (CIK: 0001659166) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FTV's EPS?
Fortive Corp has a diluted EPS of $1.73.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is FTV a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Fortive Corp has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is FTV stock overvalued or undervalued?
Valuation metrics for FTV: ROE of 9.0% (sector avg: 15%), net margin of 13.9% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy FTV stock in 2026?
Our dual AI analysis gives Fortive Corp a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is FTV's free cash flow?
Fortive Corp's operating cash flow is $1.1B, with capital expenditures of $105.1M. FCF margin is 23.5%.
How does FTV compare to other Industrial stocks?
Vs Industrial sector averages: Net margin 13.9% (avg: 10%), ROE 9.0% (avg: 15%), current ratio 0.71 (avg: 1.8).