Fortive Corporation (FTV) Stock Price & Analysis
Fortive Corporation (FTV) is trading at USD 65.33, up 1.90% today, as of October 29, 2026 at 17:34 UTC (US market open; quotes may be delayed), according to Nexqual market data.
FTV last closed at USD 64.11; today's session has ranged USD 64.09–65.39 on volume of 1,471,857 shares. Market capitalization is $19.44B, with a 52-week range of USD 49.03–67.03 (NYQ). Source: Nexqual, retrieved October 29, 2026 at 17:35 UTC.
Also available as compact Markdown for AI agents: nexqual.com/FTV.md
Latest Earnings Results (FTV)
Fortive Corporation (FTV) reported Q3 2026 results on Oct 28, 2026, 7:31:45 AM ET: adjusted EPS $0.77 vs. estimate $0.70 (beat), revenue $1.11B vs. estimate $1.07B (beat). Guidance: Fortive raised its full-year 2026 adjusted diluted EPS guidance range to $3.10 to $3.14. Source: SEC 8-K filing. Nexqual published it 36 seconds after release. Read the SEC filing.
| Fiscal period | EPS (reported) | Revenue | Released | Source |
|---|---|---|---|---|
| Q3 2026 | $0.77 (adjusted (non-GAAP) diluted) | $1.11B | Oct 28, 2026, 7:31:45 AM ET · on Nexqual +36 seconds | SEC 8-K filing |
Reported actuals captured by Nexqual from SEC 8-K filings and company press releases; each figure confirmed by two independent extraction methods.
Key facts (FTV)
- Last four reported quarters (through Oct 2, 2026): revenue $4.40B, net income $652M (14.8% margin), free cash flow $1.09B (SEC filings).
- Valuation: P/E 29.8x (avg 26.2x at the last 3 fiscal year-ends), EV/EBITDA 17.2x, net debt $3.14B.
- 4 of 80 tracked superinvestors hold FTV (13F, Q2 2026): 0 new, 2 added, 2 reduced, 0 unchanged.
- Analysts: Hold (mean 2.88 on a 1–5 scale) (16 analysts), mean target USD 65.07 (range 51–72).
- Total return with dividends: 1Y +30.3% vs S&P 500 +12.9%; 5Y +17.0% vs S&P 500 +78.8%.
- Next earnings: 2026-10-28, EPS estimate USD 0.91, revenue estimate $1.16B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FTV)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $5.25B | $5.83B | $3.91B | $4.08B | $4.16B | $4.40B |
| Gross profit | $3.01B | $3.36B | $2.48B | $2.62B | $2.64B | — |
| Operating income | $813M | $987M | $574M | $716M | $720M | $863M |
| Net income | $608M | $755M | $866M | $833M | $579M | $652M |
| EPS (diluted) | $1.23 | $1.58 | $2.43 | $2.36 | $1.73 | — |
| Free cash flow | $911M | $1.21B | $1.27B | $1.44B | $978M | $1.09B |
| Gross margin | 57.2% | 57.7% | 63.3% | 64.2% | 63.5% | — |
| Operating margin | 15.5% | 16.9% | 14.7% | 17.6% | 17.3% | 19.6% |
| Net margin | 11.6% | 13.0% | 22.1% | 20.4% | 13.9% | 14.8% |
| Revenue growth | +13.4% | +10.9% | -32.8% | +4.3% | +1.9% | — |
| Cash + short-term investments | $819M | $709M | $1.89B | $813M | $376M | — |
| Total debt | $3.96B | $3.25B | $3.65B | $3.71B | $3.21B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Oct 2, 2026) (FTV)
P/E 29.8x · P/S 4.4x · EV/EBITDA 17.2x · EV/Sales 5.1x · P/FCF 17.9x · P/B 3.3x · FCF yield 5.58% · Earnings yield 3.35% · Dividend yield (paid, TTM) 0.39% · Buyback yield (TTM) 6.54% · Net debt $3.14B · EV $22.6B
P/E at fiscal year-ends: Dec 2025 31.9x, Dec 2024 23.9x, Dec 2023 22.8x.
Superinvestors (SEC 13F-HR, Q2 2026) (FTV)
4 of 80 tracked investors hold FTV. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Viking Global | Viking Global Investors | 3.47% | $1.22B | Reduced -11.3% |
| Dodge & Cox Funds | Dodge & Cox | 1.41% | $2.69B | Added +1.9% |
| Van Den Berg Management I | 1.04% | $4.9M | Added +27.1% | |
| Wallace Weitz | Weitz Investment Management | 0.09% | $1.3M | Reduced -3.3% |
Analysts (FTV)
Consensus Hold (mean 2.88 on a 1–5 scale), 16 analysts; mean target USD 65.07 (low 51, high 72).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-29 | Truist Securities | Target raised | Hold | $63 → $65 |
| 2026-10-14 | RBC Capital | Target lowered | Sector Perform | $63 → $59 |
| 2026-10-09 | JP Morgan | Target lowered | Underweight | $64 → $56 |
| 2026-10-05 | Truist Securities | Target lowered | Hold | $68 → $63 |
| 2026-09-28 | Evercore ISI Group | Initiated | In-Line | $60 |
| 2026-08-19 | Argus Research | Reiterated | Buy | $68 |
| 2026-07-30 | Truist Securities | Target raised | Hold | $67 → $68 |
| 2026-07-02 | Truist Securities | Target raised | Hold | $61 → $67 |
Total return (dividends reinvested) (FTV)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +30.3% | +17.0% |
| S&P 500 (SPY) | +12.9% | +78.8% |
| Per year | +30.4% | +3.2% |
| Volatility (annualized) | 27.0% | 25.2% |
| Max drawdown | -14.8% (Jul 2026→Sep 2026) | -32.1% (Nov 2021→Jun 2022) |
FTV earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Sep 30, 2026 | $0.77 | $0.70 | Beat +10.0% | — |
| — | Quarter ended Jun 30, 2026 | $0.74 | $0.71 | Beat +4.2% | — |
| — | Quarter ended Mar 31, 2026 | $0.70 | $0.64 | Beat +9.4% | — |
| — | Quarter ended Dec 31, 2025 | $0.90 | $0.84 | Beat +7.1% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
FTV recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 28, 2026 | 10-Q | Quarterly report · period ended Oct 2, 2026 |
| Oct 28, 2026 | 8-K | Quarterly results |
| Sep 10, 2026 | 8-K | Director or executive officer change, or pay arrangement “Effective September 9, 2026, the Board of Directors of Fortive Corporation (the "Company") increased the size of the Company's Board from eight to nine members and appointed Susan L. Main to the Board with a term commencing on September 9, 2026 and expiring at the 2027 Annual Meeting of Shareholders and until her successor is duly elected and qualified. In addition, the Board of Directors concurrently appointed Ms. Main to the Audit Committee of the Board. As a non-employee director, Ms. Main will receive the same…” |
| Jul 29, 2026 | 10-Q | Quarterly report · period ended Jul 3, 2026 |
| Jul 29, 2026 | 8-K | Quarterly results |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
FTV analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $0.91 | $0.88 | +3.1% | $1.16B | 7 |
| Next quarter (ends Mar 2027) | $0.75 | $0.76 | -0.8% | $1.10B | 7 |
| Current fiscal year (ends Dec 2026) | $3.12 | $3.01 | +3.5% | $4.43B | 8 |
| Next fiscal year (ends Dec 2027) | $3.29 | $3.24 | +1.4% | $4.57B | 15 |
Key Statistics (as of October 29, 2026 at 17:35 UTC)
| Price | USD 65.33 |
|---|---|
| Change | ▲ 1.90% (up) |
| Previous Close | USD 64.11 |
| Open | USD 64.75 |
| Day Range | USD 64.09 – 65.39 |
| 52-Week Range | USD 49.03 – 67.03 |
| Volume | 1,471,857 shares |
| Market Cap | $19.44B |
| Exchange | NYQ |
Technical Analysis (FTV)
Nexqual's technical model rates FTV "BUY" based on 5 bullish and 3 bearish signals across 128 daily candles, as of October 29, 2026 at 17:35 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 82.64 (overbought) |
| vs SMA50 | Above (USD 57.66) |
| MACD | 1.63 (positive) |
Analyst Ratings (FTV)
Wall Street analysts rate FTV "Hold" based on 16 analysts, with a mean price target of USD 65.07 (range USD 51–72), per Nexqual as of October 29, 2026 at 17:35 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 16 |
| Mean Target | USD 65.07 |
| High Target | USD 72 |
| Low Target | USD 51 |
| Buy / Hold / Sell | 4 / 10 / 2 |
Earnings (FTV)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 0.91 |
| Revenue Estimate | $1.16B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 0.77 vs est 0.7 ▲ beat |
| 2026-06-30 | USD 0.74 vs est 0.71 ▲ beat |
| 2026-03-31 | USD 0.7 vs est 0.64 ▲ beat |
| 2025-12-31 | USD 0.9 vs est 0.84 ▲ beat |
Source: Nexqual, October 29, 2026 at 17:35 UTC.
Financials & Fundamentals (FTV)
| Total Revenue | $4.32B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +7.90% |
| Gross Margin | +63.23% |
| Operating Margin | +19.14% |
| Profit Margin | +12.38% |
| ROE | +7.32% |
| Debt / Equity | 0.59 |
| Current Ratio | 1.24 |
| Total Cash | $374.20M |
| Total Debt | $3.60B |
| Free Cash Flow (last four quarters to Oct 2026, SEC 10-Q / 10-K) | $1.09B (24.7% of revenue) |
Source: Nexqual, October 29, 2026 at 17:35 UTC.
Financial Health Score (FTV)
Nexqual rates Fortive Corporation's overall financial health "Solid" across five dimensions, as of October 29, 2026 at 17:35 UTC.
| Growth | Critical — Revenue -33% YoY (annual), sharp decline |
|---|---|
| Profitability | Strong — Gross margin 63%, operating 20% (last 4 quarters to Oct 2026, SEC) |
| Balance Sheet | Solid — $377M cash and investments vs $3.51B debt (Oct 2026, SEC) |
| Cash Flow | Strong — FCF $1.09B (last 4 quarters to Oct 2026, SEC), 25% margin |
| Efficiency | Mixed — ROE 11%, ROA 5.7% (last 4 quarters, SEC) |
Ownership (FTV)
| Insider Ownership | +0.41% |
|---|---|
| Institutional Ownership | +112.50% |
| Shares Outstanding | 297.64M |
| Float | 280.95M |
| Short % of Float | +8.11% |
Source: Nexqual, October 29, 2026 at 17:35 UTC.
Leadership (FTV)
Fortive Corporation is led by Olumide O. Soroye, President, CEO & Director, per Nexqual as of October 29, 2026 at 17:35 UTC.
| President, CEO & Director | Olumide O. Soroye |
|---|---|
| Senior VP & CFO | Mark D. Okerstrom |
| Vice President of Investor Relations | Christina Jones |
| President of Fluke & Group President of Connected Reliability Group (CRG) | Parker Burke |
| President of Gordian and Group President of Facilities & Asset Lifecycle (FAL) Group | Arul Elumalai |
Major Backers & Investors (FTV)
Notable institutional backers of Fortive Corporation include Dodge & Cox Inc., Price (T.Rowe) Associates Inc, Viking Global, according to Nexqual as of October 29, 2026 at 17:35 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Dodge & Cox Inc. | 14.56% |
| Price (T.Rowe) Associates Inc | 8.07% |
| Viking Global | 6.6% |
| Flossbach von Storch SE | 3.9% |
| Invesco | 2.95% |
| T. Rowe Price | 2.42% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 10.84% |
| BlackRock | 8.82% |
| State Street | 4.51% |
| Geode Capital | 3.03% |
Source: Nexqual, October 29, 2026 at 17:35 UTC.
From Fortive Corporation's Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- Our offerings include instrument sterilization solutions, instrument tracking, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions.
- FBS enables us to operate our businesses with a focus on relentless execution, powered by our mindset and a set of tools and best practices consistently applied across our portfolio.
- We have developed compliance programs and training to prevent violations of these programs and regulations, and we regularly monitor changes in the law and regulations.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in industry standards and governmental regulations may reduce demand for our products or services or increase our expenses.
- Our reputation, ability to do business, and financial results may be impaired by improper conduct by any of our employees, agents, or business partners.
- Our operations, products, and services expose us to the risk of environmental, health, and safety liabilities, costs, and violations that could adversely affect our reputation and financial results.
- Our businesses are subject to extensive regulation, including healthcare regulations; failure to comply with those regulations could adversely affect our financial results and our business, including our reputation.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| TRMB | Trimble Inc. | USD 65.14 | ▲ 1.22% |
| MKSI | MKS Inc. | USD 217.42 | ▼ 0.38% |
| TDY | Teledyne Technologies Incorpora | USD 677.15 | ▲ 1.74% |
| CGNX | Cognex Corporation | USD 59.36 | ▲ 1.59% |
| COHR | Coherent Corp. | USD 240.08 | ▲ 0.2% |
| GRMN | Garmin Ltd. | USD 281.28 | ▲ 3.22% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 17:35 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt