Fortive Corporation

FTV Technology Scientific & Technical Instruments

In the quarter to June 2026, revenue grew 7.91%, EPS grew 6.12%, free cash flow fell 9.82% and total debt fell 27.1%, each against the same quarter a year earlier. Member of the S&P 500.

57.79 0.01 +0.02%
Market cap
$17.5B
P/E
33.6×
Fwd P/E
30.8×
Dividend yield
0.43%
F-score
6/9
Altman Z
3.22
Beneish M
−2.71
Dividend safety
12/100

Fortive Corporation (FTV) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Fortive Corporation (FTV) trades at a P/E ratio of 33.6×. Over the past ten years it has ranged from 4.8× (January 2019) to 37.3× (July 2026); the current reading is higher than 94% of that period. That is in line with the Scientific & Technical Instruments industry median of 33.2× and above the Technology sector median of 28.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 31.5× 33.41%
FY2024 23.6× 6.39%
FY2023 22.2× (3.15%)
FY2022 23.0× (34.92%)
FY2021 35.3× 202.01%
FY2020 11.7× (51.75%)
FY2019 24.2× 382.19%
FY2018 5.0× (66.89%)
FY2017 15.2× 13.10%
FY2016 13.4× (16.78%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 35.5× 8.58%
Mar 2026 32.7× 3.68%
Dec 2025 31.5× 13.98%
Sep 2025 27.7× 18.40%
42 more quarters

Against its own ten years

Low 4.8× High 37.3×
Ten-year median 21.8×
Current reading's percentile 94

P/E ratio against peers

Company P/E ratio
TRMB Trimble Inc. compare n/m
ESE ESCO Technologies Inc. compare 20.5×
GRMN Garmin Ltd. compare 29.3×
TDY Teledyne Technologies Incorporated compare 29.9×
MKSI MKS Inc. compare 32.9×
FTV Fortive Corporation 33.6×
CGNX Cognex Corporation compare 51.5×
COHR Coherent Corp. compare 53.5×
ST Sensata Technologies Holding N.V. compare 66.5×
Scientific & Technical Instruments industry median 33.2×
Technology sector median 28.2×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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