Cognex Corporation (CGNX) vs Fortive Corporation (FTV)
Cognex Corporation and Fortive Corporation are both Scientific & Technical Instruments companies. Fortive Corporation is the larger, with a market value of $16.7B against $9.8B — 1.7× the size. Fortive Corporation trades at the lower P/E: 32.6× against 55.9×. Fortive Corporation grew revenue faster over the last twelve months: 43.2% against 17.2%. Cognex Corporation has the higher net margin (16.1% vs 12.4%) and the higher return on invested capital (12.2% vs 5.34%). Both pay a dividend; Cognex Corporation yields more (0.82% vs 0.38%). Across the 23 metrics below, Cognex Corporation leads on 14 and Fortive Corporation on 9.
Valuation
Profitability
| Metric | CGNX | FTV | Scientific & Technical Instruments median |
|---|---|---|---|
| Gross margin | 68.87% | 63.23% | 45.75% |
| Operating margin | 21.90% | 18.23% | 7.34% |
| Net margin | 16.05% | 12.38% | 1.56% |
| Free cash flow margin | 25.25% | 21.72% | 5.84% |
| Return on equity | 11.15% | 6.49% | 2.87% |
| Return on assets | 8.36% | 3.58% | 0.99% |
| Return on invested capital | 12.16% | 5.34% | 3.88% |
Growth
Health
Dividend
Size
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