Fortive Corporation (FTV) vs Garmin Ltd. (GRMN)
Fortive Corporation and Garmin Ltd. are both Scientific & Technical Instruments companies. Garmin Ltd. is the larger, with a market value of $57.3B against $16.7B — 3.4× the size. Garmin Ltd. trades at the lower P/E: 30.2× against 32.6×. Fortive Corporation grew revenue faster over the last twelve months: 43.2% against 13.5%. Garmin Ltd. has the higher net margin (24.5% vs 12.4%) and the higher return on invested capital (20.8% vs 5.34%). Both pay a dividend; Garmin Ltd. yields more (2.42% vs 0.38%). Across the 23 metrics below, Garmin Ltd. leads on 14 and Fortive Corporation on 9.
Valuation
Profitability
| Metric | FTV | GRMN | Scientific & Technical Instruments median |
|---|---|---|---|
| Gross margin | 63.23% | 60.08% | 45.75% |
| Operating margin | 18.23% | 27.61% | 7.34% |
| Net margin | 12.38% | 24.47% | 1.56% |
| Free cash flow margin | 21.72% | 20.85% | 5.84% |
| Return on equity | 6.49% | 21.89% | 2.87% |
| Return on assets | 3.58% | 17.26% | 0.99% |
| Return on invested capital | 5.34% | 20.81% | 3.88% |
Growth
Health
Dividend
Size
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