Fortive Corporation FTV

56.09 0.65 1.17% as of 25 Sep
Market cap
$16.7B
P/E
32.6×
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Fortive Corporation (FTV) Gross margin

Fortive Corporation's gross margin over the twelve months to 30 June 2026 was 63.2%, down 0.3 percentage points from fiscal 2025 (63.5%). Over the past ten years it has ranged from 48.6% (fiscal 2015) to 64.2% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Scientific & Technical Instruments industry median of 45.8% and above the Technology sector median of 47.2%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 63.5% (0.68)
FY2024 64.2% 0.89
FY2023 63.3% 5.56
FY2022 57.7% 0.50
FY2021 57.2% 0.94
FY2020 56.3% 1.88
FY2019 54.4% (3.12)
FY2018 57.5% 6.78
FY2017 50.8% 0.82
FY2016 49.9% 1.38

Quarterly

Period Gross margin Change (points)
Jun 2026 63.4% 0.22
Mar 2026 63.2% 0.02
Dec 2025 63.2% (0.06)
Sep 2025 63.2% (0.30)
42 more quarters

Against its own ten years

Low 48.6% High 64.2%
Ten-year median 57.2%
Current reading's percentile 91

Gross margin against peers

Company Gross margin
TRMB Trimble Inc. compare 69.8%
CGNX Cognex Corporation compare 68.9%
FTV Fortive Corporation 63.2%
GRMN Garmin Ltd. compare 60.1%
MKSI MKS Inc. compare 47.0%
NOVT Novanta Inc. compare 44.5%
TDY Teledyne Technologies Incorporated compare 43.3%
ESE ESCO Technologies Inc. compare 42.0%
ST Sensata Technologies Holding N.V. compare 29.5%
Scientific & Technical Instruments industry median 45.8%
Technology sector median 47.2%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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