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NYSE · Technology

Fortive Corp (FTV)

As-reported financials and SEC filings for Fortive Corp. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Fortive Corp

Fortive Corporation develops and markets essential technologies through two main segments: Intelligent Operating Solutions and Advanced Healthcare Solutions. The company provides professional instruments, software, and services for industries such as manufacturing, healthcare, utilities, and communications, serving customers like engineers, safety professionals, and healthcare providers. Fortive operates globally with a workforce of over 10,000 employees and offers products under brands including FLUKE, SERVICECHANNEL, ASP, and PROVATION.

Snapshot

Revenue
$4.16B
Revenue growth (YoY)
1.9%
Net income
$579.2M
Diluted EPS
$1.73
Gross margin
63.5%
Operating margin
17.3%
Net margin
13.9%
FCF margin
23.5%
ROE
9.0%
net income / fiscal-year-end equity
P/E
31.4×
trailing when available, otherwise FY EPS
Market cap
$18.20B
Long-term debt / equity
0.36×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Fortive

  • Revenue grew 1.9% to $4.2B in FY2025, slower than the 4.3% the year before.
  • Operating margin is 17.3% in FY2025, +1.8 pp against 15.5% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $1.1B, up 7.7% from Q1 FY2025.
  • Free cash flow was $978M in FY2025, 23.5% of revenue.
  • Net income fell 30.5% to $579M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Fortive’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin63.5%
66th percentile of 509
Operating margin17.3%
81st percentile of 563
Net margin13.9%
76th percentile of 577
FCF margin23.5%
80th percentile of 544
Revenue growth (YoY)+1.9%
30th percentile of 616
ROE9.0%
62nd percentile of 540
P/E31.4×
50th percentile of 330
Long-term debt / equity0.36×
49th percentile of 278
Short interest6.15d
82nd percentile of 622

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $533,493. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+6 quant / multi-strat
Initiated / added
6
1 new, 5 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$4.28B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ2 2026$2.69B44.0MAdded
Viking Global InvestorsQ2 2026$1.22B19.9MReduced
Two Sigma InvestmentsquantQ2 2026$196.1M3.2MNew
Renaissance TechnologiesquantQ2 2026$81.1M1.3MAdded
AQR Capital ManagementquantQ2 2026$34.9M576.4KAdded
Millennium ManagementquantQ2 2026$20.0M327.0KAdded
D. E. ShawquantQ2 2026$17.8M291.1KReduced
Gotham Asset ManagementQ2 2026$12.9M210.4KAdded
Citadel AdvisorsquantQ2 2026$8.0M131.5KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$533K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-10
filed 2026-08-11
Underwood Peter CSVP - Chief Legal OfficerSell8.7K$61.59$533K
2026-05-04
filed 2026-05-06
Underwood Peter CSVP - Chief Legal OfficerSell47.6K$60.81$2.9M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
13.6M
settled 2026-08-14
Change vs prior
+6.9%
vs previous settlement
Days to cover
6.15
at avg daily volume
Avg daily volume
2.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1413.6M+6.9%6.15
2026-07-3112.7M-4.8%3.86
2026-07-1513.4M-6.8%5.49
2026-06-3014.3M-5.9%4.71
2026-06-1515.2M+12.3%4.36
2026-05-2913.6M+7.6%4.30
2026-05-1512.6M-4.8%4.27
2026-04-3013.2M+1.4%3.73

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$4.16B$4.08B$3.91B$5.83B$5.25B
Gross profit$2.64B$2.62B$2.48B$3.36B$3.01B
Operating income$720.2M$716.3M$574.0M$987.4M$812.8M
Net income$579.2M$832.9M$865.8M$755.2M$608.4M
Diluted EPS$1.73$2.36$2.43$2.10$1.63

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$375.5M$813.3M$1.89B$709.2M$819.3M
Current assets$1.61B$2.59B$3.67B$2.48B$2.51B
Total assets$11.74B$17.02B$16.91B$15.89B$16.47B
Current liabilities$2.25B$2.24B$1.79B$2.73B$3.71B
Long-term debt$2.31B$3.33B$3.65B$2.25B$1.81B
Total liabilities$5.28B$6.82B$6.59B$6.20B$6.95B
Total equity$6.46B$10.20B$10.33B$9.69B$9.52B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.08B$1.53B$1.35B$1.30B$961.1M
Capital expenditure$105.1M$86.1M$78.6M$95.8M$50.0M
Free cash flow$978.1M$1.44B$1.27B$1.21B$911.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$1.07B7.7%$136.4M$0.44
Q4 FY2025$1.12B4.6%$185.7M$0.58
Q3 FY2025$1.03B2.3%$55.0M$0.16
Q2 FY2025$1.02B-0.4%$166.6M$0.49
Q1 FY2025$993.1M0.9%$171.9M$0.50
Q4 FY2024$1.07B$208.8M$0.60
Q3 FY2024$1.00B-32.8%$221.6M$0.63
Q2 FY2024$1.02B-33.2%$195.1M$0.55

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryIndustrial Instruments For Measurement, Display, and Control
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ1 FY2026 (ended April 3, 2026)
Oldest indexed filing2019
SEC CIK1659166

Selected SEC filings

10-Q2026-07-29
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-06-11
View on EDGAR →
8-K2026-05-14
View on EDGAR →
8-K2026-04-30
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.