Fortive (FTV)
Industrials · Industrial instrumentation and healthcare solutions
Fortive innovates mission-critical safety, productivity, and healthcare solutions for frontline workers and healthcare providers globally.
What Fortive does
Fortive Corporation designs, develops, manufactures, and markets advanced instrumentation, software, and services across two main segments. Intelligent Operating Solutions provides professional instruments, software, and connected worker safety solutions for maintenance, measurement, and facility management in manufacturing, process industries, healthcare, utilities, and other sectors. Advanced Healthcare Solutions supplies instrument sterilization, tracking, biomedical testing, radiation detection, and clinical productivity software for healthcare providers. The company operates through iconic brands including Fluke, ServiceChannel, Gordian, Accruent, Industrial Scientific, and Intelex, with over 10,000 employees across approximately 50 countries.
Themes: ["workplace safety","industrial safety","healthcare provider solutions","asset management","connected worker platforms","facility management software","clinical workflow optimization","preventive maintenance"]
Fundamentals
- Price$61.15 as of 2026-07-09 close
- Market cap$18.7B as of 2026-07-10
- 1-year return+15.4% as of 2026-07-09 close
- P/E34.32 as of 2026-07-10
- Net margin+11.5% as of 2026-07-10
- Gross margin+61.8% as of 2026-07-10
- ROE+7.4% as of 2026-07-10
- Debt / equity0.57 as of 2026-07-10
- Revenue growth (YoY)-23.4% as of 2026-07-10
- Revenue CAGR (3y)-10.6% SEC XBRL
- Beta1.05 as of 2026-07-10
Dividend: yield +0.4%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Recent revenue decline of -23.36% YoY indicates significant contraction in product sales and service demand across core markets","High debt load of $3.5 billion ($900M current + $2.6B long-term) with $31.6M quarterly interest expense constrains financial flexibility","Recent separation of Precision Technologies segment (Ralliant Corporation spin-off in June 2025) creates execution risks and removes a material revenue stream from the consolidated business"]
Competitors & peers
- Danaher Corporation (DHR) - diversified conglomerate with overlapping diagnostic, measurement, and healthcare segments
- Emerson Electric (EMR) - industrial automation, measurement, and software solutions
- SPX Corporation (SPXC) - industrial equipment and infrastructure solutions
- IDEX Corporation (IEX) - fluid and metering technologies, instrumentation
- Heilind Industries - industrial distributor and connector solutions
- 3M Company (MMM) - diversified manufacturer including test and measurement, safety products
- Siemens AG - industrial automation, digitalization, and healthcare technology
- Thermo Fisher Scientific (TMO) - laboratory instruments, diagnostics, and analytical equipment
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.