FTV · NYSE · Hardware, Equipment & Parts

Fortive (FTV)

Builds instrumentation, facility software, safety tools, and healthcare workflow systems.

$55.75
vs last close+0.66 (+1.21%)
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Fortive CorporationFTV
Information Technology

Sells professional instruments, facility and asset software, worker-safety tools, and healthcare sterilization, tracking, testing, and clinical-workflow systems. Revenue spans products, software, services, and sterilization consumables across two segments, with demand anchored in maintenance, compliance, and regulated healthcare procedures.

Equips industrial and facilities teams with Fluke professional instruments, Accruent, ServiceChannel, and Gordian asset-lifecycle software, and Industrial Scientific and Intelex safety and compliance tools. These offerings form Intelligent Operating Solutions, serving maintenance, utilities, manufacturing and other mission-critical workflows.

Supplies healthcare providers through Advanced Healthcare Solutions: ASP sterilization systems, Censis instrument tracking, Provation clinical productivity software, and Fluke Biomedical and Landauer testing and radiation-safety tools. The portfolio spans products, software and services across roughly 50 countries.

Applies the Fortive Business System through a shared operating cadence and continuous-improvement tools across its businesses. Demand is tied to facility upkeep, industrial safety and healthcare procedures; medical devices face extensive U.S. and international approval, manufacturing and post-market requirements.

Company facts

CEOOlumide O. Soroye
ListedJul 5, 2016
ExchangeNYSE
HeadquartersEverett, WA
CountryUnited States
Employees10,000
CIK0001659166
ISINUS34959J1088

Market cap$16.64B
EPS (ttm)$1.70
P/E (ttm)32.41
ROE8.5%
P/B2.75
P/S3.86
Dividend yieldDiv yield0.45%
Beta0.62vs XLK −0.49

Price target$67.00+21.6%Average of 30 analysts
ConsensusHold17 of 30 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 2, 2026Truist FinancialTarget
Target: $61
Target: $67
Jun 3, 2026Morgan StanleyReiterate
Rating: Target: $89
Rating: Equal WeightTarget: $59
May 11, 2026Argus ResearchUpgrade
Rating: HoldTarget: $85
Rating: BuyTarget: $68
May 4, 2026Truist FinancialTarget
Target: $56
Target: $61
Apr 20, 2026Truist FinancialTarget
Target: $58
Target: $56

Next report
Oct 28, 26
in 36 days
EPS estimate
$0.70
Revenue estimate
$1.07B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$1.17$0.85$0.58$0.68$0.90$0.70$0.74Pending
Estimate$1.12$0.64$0.59$0.57$0.84$0.64$0.71$0.70
Surprise+4.5%+32.6%−0.9%+19.5%+7.4%+8.9%+4.7%

RevenueReportedEstimate

Feb '25May '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$1.62B$1.47B$1.52B$1.03B$1.12B$1.07B$1.10BPending
Estimate$1.63B$1.49B$1.01B$1.01B$1.09B$1.04B$1.07B$1.07B
Surprise−0.5%−1.2%+49.9%+1.9%+2.6%+3.0%+2.6%
Estimate$0.70
ReportedDue Oct 28, 2026
Estimate$1.07B
ReportedDue Oct 28, 2026
View details

Debt to equity57.90%
Current ratio124.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.53B$1.62B$1.47B$1.52B$1.03B$1.12B$1.07B$1.10B
Net income$221.6M$208.8M$171.9M$166.6M$55.0M$185.7M$136.4M$157.3M
Net margin14.4%12.9%11.7%11.0%5.4%16.5%12.8%14.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$297.4M$311.0M$260.6M$263.2M$159.6M$225.5M$191.7M$209.9M
YoY growth+2.2%+0.0%+9.0%−12.8%−46.3%−27.5%−26.4%−20.3%

Balance sheet, Jul 3, 2026Cash & short-term investments $374.2M · Total debt $3.51B · Total assets $11.62B · Shareholders' equity $6.06B

Revenue
$1.10B
Operating income
$209.9M
Net income
$157.3M
View details

Dividend yield
0.45%
Next ex-date
Dec 4, 26
estimated · in 73 days
Annual dividend
$0.25
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Sep '25Nov '25Mar '26Jun '26Sep '26
Dividend$0.0603$0.0603$0.0603$0.06$0.06$0.06$0.06$0.07
Annual yield0.40%0.40%0.46%0.62%0.45%0.44%0.39%0.44%
Ex-dateNov 29Feb 28May 30Sep 12Nov 28Mar 13Jun 22Sep 4
Payment dateDec 27Mar 28Jun 27Sep 26Dec 26Mar 27Jul 6Sep 25
View details

Institutions109.86%331.80M shares
817 holders · as of Jun 30, 2026
Insiders0.65%1.97M shares
19 holders · as of Aug 11, 2026
Adds to110.51%

302.02M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 110.51%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Dodge & CoxInstitution
14.56%43.98Mas of Jun 30, 2026
BlackRock, Inc.Institution
8.82%26.62Mas of Jun 30, 2026
Price T Rowe Associates Inc /MD/Institution
8.07%24.38Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.60%19.94Mas of Jun 30, 2026
Viking Global Investors LPInstitution
6.60%19.93Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 10, 2026Peter C. Underwoodofficer: SVP - Chief Legal Officer−8,662$61.59
May 4, 2026Peter C. Underwoodofficer: SVP - Chief Legal Officer−47,557$60.81
Feb 18, 2026Kate Mitchelldirector−7,131$58.34
Nov 10, 2025Peter C. Underwoodofficer: SVP - Chief Legal Officer−58,133$51.28
Oct 31, 2025Stacey A. Walkerofficer: SVP - Chief People Officer−2,192$50.35
View details

  • STERIS

    Sterile processing and sterilization overlap AHS

  • Honeywell Technologies

    Industrial safety and gas-detection overlap in IOS

  • ServiceNow

    Cloud workflow platform overlaps facilities and asset SaaS

  • Emerson Electric

    Plant reliability and measurement overlap in IOS

  • IBM

    Maximo contests asset lifecycle and reliability software

  • MSA

    Focused gas detection and connected-work safety peer

  • Mirion Technologies

    Radiation monitoring and dosimetry overlap AHS

  • Autodesk

    Construction-cost workflows overlap Gordian

Compare

CompanyPriceChange
Fortive$55.75+1.21%$16.64B32.417.93.9−27.8%
STERIS$207.58+0.29%$20.17B25.318.13.3+7.1%
Honeywell Technologies$211.56+2.46%$65.44B8.022.91.8−49.9%
ServiceNow$135.71−1.43%$142.34B86.029.99.7+24.0%
Emerson Electric$153.59+1.23%$84.92B33.221.74.6+7.0%
IBM$230.72−0.52%$218.51B20.518.13.2+1.1%
MSA$179.64+1.35%$6.84B22.019.03.5+6.2%
Mirion Technologies$16.38+1.05%$3.94B173.227.83.8+19.7%
Autodesk$217.23−0.74%$46.21B28.316.75.9+16.1%
Median26.820.43.7+7.1%