Fortive Corporation FTV

56.09 0.65 1.17% as of 25 Sep
Market cap
$16.7B
P/E
32.6×
Indexes indicate stock being part of an index

Fortive Corporation (FTV) Current ratio

Fortive Corporation's current ratio at the end of the quarter to 30 June 2026 was 1.2×, up 0.5× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.7× (fiscal 2021) to 2.0× (fiscal 2023); the current reading is higher than 18% of that period. That is below the Scientific & Technical Instruments industry median of 2.2× and below the Technology sector median of 1.9×.

Current ratio, annual

Annual

Period Current ratio Change
FY2025 0.7× (38.29%)
FY2024 1.2× (43.50%)
FY2023 2.0× 125.66%
FY2022 0.9× 34.17%
FY2021 0.7× (56.45%)
FY2020 1.6× 46.10%
FY2019 1.1× (26.46%)
FY2018 1.4× (21.08%)
FY2017 1.8× 8.01%
FY2016 1.7× 40.89%

Quarterly

Period Current ratio Change
Jun 2026 1.2× 75.32%
Mar 2026 0.7× (0.94%)
Dec 2025 0.7× 1.93%
Sep 2025 0.7× (28.70%)
39 more quarters

Against its own ten years

Low 0.7× High 2.0×
Ten-year median 1.2×
Current reading's percentile 18

Current ratio against peers

Company Current ratio
NOVT Novanta Inc. compare 4.6×
CGNX Cognex Corporation compare 3.9×
GRMN Garmin Ltd. compare 3.0×
ST Sensata Technologies Holding N.V. compare 2.3×
TDY Teledyne Technologies Incorporated compare 2.2×
ESE ESCO Technologies Inc. compare 1.4×
FTV Fortive Corporation 1.2×
MKSI MKS Inc. compare 1.1×
TRMB Trimble Inc. compare 1.0×
Scientific & Technical Instruments industry median 2.2×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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