Fortive Corporation FTV

56.09 0.65 1.17% as of 25 Sep
Market cap
$16.7B
P/E
32.6×
Indexes indicate stock being part of an index

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

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)

The full definition of P/E ratio →

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