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) P/B ratio

Alert me on P/B ratio

As of 6 November 2026, Fortive Corporation (FTV) trades at a P/B ratio of 3.3×. Over the past ten years it has ranged from 1.2× (March 2020) to 6.0× (July 2016); the current reading is higher than 80% of that period. That is above the Scientific & Technical Instruments industry median of 3.1× and above the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.8× 51.93%
FY2024 1.9× 4.10%
FY2023 1.8× 4.37%
FY2022 1.7× (15.50%)
FY2021 2.0× 4.88%
FY2020 1.9× (10.25%)
FY2019 2.2× 1.43%
FY2018 2.1× (48.16%)
FY2017 4.1× (4.32%)
FY2016 4.3× 66.72%

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.8× (9.73%)
Jun 2026 3.1× 8.98%
Mar 2026 2.8× (0.96%)
Dec 2025 2.8× 13.99%
43 more quarters

Against its own ten years

Low 1.2× High 6.0×
Ten-year median 2.1×
Current reading's percentile 80

P/B ratio against peers

Company P/B ratio
TRMB Trimble Inc. compare 2.5×
TDY Teledyne Technologies Incorporated compare 2.6×
COHR Coherent Corp. compare 3.3×
FTV Fortive Corporation 3.3×
ESE ESCO Technologies Inc. compare 3.7×
MKSI MKS Inc. compare 4.0×
CGNX Cognex Corporation compare 4.6×
GRMN Garmin Ltd. compare 5.8×
KEYS Keysight Technologies Inc. compare 7.1×
Scientific & Technical Instruments industry median 3.1×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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