Valuation dashboard for Fortive Corporation (FTV) with P/E 31.81, P/B 3.37, EV/EBITDA 17.4 and dividend yield 0.46%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.
Fortive Corporation is a global industrial technology company that specializes in the conception, development, manufacturing, marketing, and servicing of sophisticated professional and engineered products, as well as software platforms and associated services. Its Intelligent Operating Solutions division aims to boost efficiency and safety in operations.
What would it be worth at its usual multiples?
Versus its usual multiples: expensive · Current P/E 31.8× · Multiples range: $47.94 · $66.15.
At the decade median (22.8×) $48 (-28 %); at its sector median (31.5×) $66 (-1 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Analysis Summary
Fortive Corporation reported revenue of $5.14B in the most recent fiscal year, growing at a 5-year CAGR of 2.1%. Net income reached $579.2M, with a -18.5% 5-year CAGR.
Trailing-twelve-month margins: gross margin 63.5%, operating margin 19.6%, net margin 14.8%.
At $66.81 (closing price, November 3, 2026), FTV trades at a P/E of 31.81 and an ROE of 10.62%. Market capitalisation stands at $19.9B, placing it among large-cap names.
Balance sheet quality for FTV: debt-to-equity ratio of 0.59, current ratio of 1.23 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 31.81 |
| Price / Book | 3.37 |
| EV / EBITDA | 17.4 |
| Dividend Yield | 0.46% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| FTV | Fortive Corporation | $19.9B | 31.81 | 3.37 | 10.6% |
| NDSN | Nordson Corporation | $18.4B | 33.47 | 5.64 | 17.6% |
| PH | Parker-Hannifin Corporation | $119.2B | 33.17 | 7.74 | 25.1% |
| ITW | Illinois Tool Works Inc. | $81.5B | 25.55 | 25.97 | 103.4% |
| AME | AMETEK, Inc. | $57.0B | 35.06 | 4.87 | 14.7% |
| IR | Ingersoll Rand Inc. | $32.8B | 23.82 | 3.11 | 13.5% |
| TDY | Teledyne Technologies Incorporated | $30.8B | 30.33 | 2.80 | 9.5% |
| DOV | Dover Corporation | $28.4B | 24.95 | 3.75 | 15.4% |
Price
| Price | $66.81 (closing price, November 3, 2026) |
| Market Cap | $19.9B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 10.62% |
| Return on Invested Capital | 7.52% |
| Return on Assets | 5.67% |
| Gross Margin | 63.47% |
| Operating Margin | 19.63% |
| Net Margin | 14.83% |
Related companies: NDSN · PH · ITW · AME · IR · TDY · DOV · MTD
Explore sector: Technology · Hardware, Equipment & Parts
More sections of FTV: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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