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) P/E ratio
As of 25 September 2026, Fortive Corporation (FTV) trades at a P/E ratio of 32.6×. Over the past ten years it has ranged from 4.8× (January 2019) to 37.3× (July 2026); the current reading is higher than 92% of that period. That is below the Scientific & Technical Instruments industry median of 35.9× and above the Technology sector median of 29.7×.
P/E ratio, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
Low 4.8×
High 37.3×
Ten-year median
21.8×
Current reading's percentile
92
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| TRMB Trimble Inc. compare | n/m |
| ESE ESCO Technologies Inc. compare | 22.1× |
| TDY Teledyne Technologies Incorporated compare | 29.7× |
| GRMN Garmin Ltd. compare | 30.2× |
| FTV Fortive Corporation | 32.6× |
| MKSI MKS Inc. compare | 39.9× |
| CGNX Cognex Corporation compare | 55.9× |
| ST Sensata Technologies Holding N.V. compare | 69.2× |
| NOVT Novanta Inc. compare | 90.6× |
| Scientific & Technical Instruments industry median | 35.9× |
| Technology sector median | 29.7× |
| Market median | 17.9× |
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)
More on FTV
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- 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