Fortive Corporation

FTV Technology Scientific & Technical Instruments

Fortive Corporation’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 1.92% from fiscal 2024.

Revenue
+7.83%
EPS
+237.8%
Free cash flow
+108.9%
Total debt
+6.29%

Quarter to September 2026, against a year earlier

65.37 0.05 −0.08%
Market cap
$19.5B
P/E
30.7×
Fwd P/E
30.5×
Dividend yield
0.38%
F-score
6/9
Altman Z
3.22
Beneish M
−2.71
Dividend safety
12/100

Fortive Corporation (FTV) Free cash flow margin

Alert me on Free cash flow margin

Fortive Corporation's free cash flow margin over the twelve months to 30 September 2026 was 24.7%, up 1.2 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 10.6% and above the Technology sector median of 0.59%.

Free cash flow margin, annual

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Annual newest first

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

Low 14.4% High 35.3%
Ten-year median 23.5%
Current reading's percentile 55

Free cash flow margin against peers

Company Free cash flow margin
CGNX Cognex Corporation compare 26.0%
FTV Fortive Corporation 24.7%
KEYS Keysight Technologies Inc. compare 22.7%
TRMB Trimble Inc. compare 20.7%
GRMN Garmin Ltd. compare 18.6%
TDY Teledyne Technologies Incorporated compare 17.6%
ESE ESCO Technologies Inc. compare 15.2%
MKSI MKS Inc. compare 11.6%
COHR Coherent Corp. compare −23.3%
Scientific & Technical Instruments industry median 10.6%
Technology sector median 0.59%
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

The full definition of Free cash flow margin →

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