Fortive Corporation FTV
- Market cap
- $16.7B
- P/E
- 32.6×
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Fortive Corporation (FTV) Free cash flow margin
Fortive Corporation's free cash flow margin over the twelve months to 30 June 2026 was 21.7%, down 1.8 percentage points from fiscal 2025 (23.5%). Over the past ten years it has ranged from 14.4% (fiscal 2015) to 35.3% (fiscal 2024); the current reading is higher than 55% of that period. That is above the Scientific & Technical Instruments industry median of 5.84% and above the Technology sector median of 1.52%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 23.5% | (11.78) |
| FY2024 | 35.3% | 2.72 |
| FY2023 | 32.6% | 11.85 |
| FY2022 | 20.7% | 3.31 |
| FY2021 | 17.4% | (12.06) |
| FY2020 | 29.5% | 3.25 |
| FY2019 | 26.2% | (7.31) |
| FY2018 | 33.5% | 14.66 |
| FY2017 | 18.9% | (0.38) |
| FY2016 | 19.3% | 4.84 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| CGNX Cognex Corporation compare | 25.3% |
| FTV Fortive Corporation | 21.7% |
| GRMN Garmin Ltd. compare | 20.9% |
| TRMB Trimble Inc. compare | 20.4% |
| TDY Teledyne Technologies Incorporated compare | 17.9% |
| ST Sensata Technologies Holding N.V. compare | 15.3% |
| ESE ESCO Technologies Inc. compare | 15.2% |
| NOVT Novanta Inc. compare | 10.6% |
| MKSI MKS Inc. compare | 10.5% |
| Scientific & Technical Instruments industry median | 5.84% |
| Technology sector median | 1.52% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on FTV
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement