Fortive Corporation
FTV
Rank in Stocks
#1302
Fortive Corporation is a global industrial technology company that specializes... Fortive Corporation is a global industrial technology company that specializes in the conception, development, manufacturing, marketing, and servicing of sophisticated professional and engineered products, as well as software platforms and associated services. Its Intelligent Operating Solutions division aims to boost efficiency and safety in operations. This segment delivers a variety of offerings, including advanced tools for ensuring equipment reliability, comprehensive enterprise software for managing environmental, health, safety, and quality (EHSQ) compliance, and specialized software for the entire lifecycle of facilities and assets. It also provides solutions for pre-construction planning and procurement, robust professional testing instruments, precise calibration tools for electrical, pressure, and temperature measurements, and portable devices for gas detection. These products and services cater to diverse industries such as manufacturing, process industries, healthcare, utilities and power generation, communications, and electronics. Key brands within this segment include ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL. The company's Precision Technologies segment focuses on delivering critical measurement and control solutions. Its portfolio encompasses electrical testing and measurement instruments and related services, high-performance energetic material devices, and advanced sensor and control system solutions. These technologies are crucial for demanding sectors like power and energy management, medical equipment manufacturing, food and beverage production, aerospace and defense, off-highway vehicles, electronics, semiconductor fabrication, and various other industrial applications. This segment markets its offerings under brands such as ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX. Fortive's Advanced Healthcare Solutions division provides a comprehensive suite of hardware, software, and services specifically designed for the healthcare sector. This includes solutions for reprocessing and tracking medical instruments and devices, specialized biomedical testing tools, systems for radiation safety monitoring, and asset management services. Additionally, it offers subscription-based surgical inventory management platforms that optimize inventory and ensure regulatory adherence, alongside expert technical, analytical, and compliance services focused on determining radiation exposure. Brands in this segment include ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD. Established in 2015, Fortive Corporation maintains its corporate headquarters in Everett, Washington.
Share Price
$57.71
Market Cap
$17.43B
Change (1 day)
0.03%
Change (1 year)
18.60%
Country
US
Trade Fortive Corporation (FTV)
Category
Technology
P/E ratio for Fortive Corporation (FTV)
P/E ratio as of October 2026 TTM: 33.28
According to Fortive Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.28. At the end of 2024 the company had a P/E ratio of 23.69.
P/E ratio history for Fortive Corporation from 2012 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 33.28 | 10.34% |
| 2025 | 30.16 | 27.32% |
| 2024 | 23.69 | 4.85% |
| 2023 | 22.59 | -1.13% |
| 2022 | 22.85 | -30.71% |
| 2021 | 32.98 | 195.46% |
| 2020 | 11.16 | -49.01% |
| 2019 | 21.89 | 332.68% |
| 2018 | 5.06 | -66.66% |
| 2017 | 15.18 | 13.24% |
| 2016 | 13.40 | 9.43% |
| 2015 | 12.25 | 2.27% |
| 2014 | 11.98 | -5.94% |
| 2013 | 12.73 | -8.09% |
| 2012 | 13.85 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| 26.81 | -19.44% |
DE
|
|
| - | - |
FR
|
|
| - | - |
DE
|
|
| 33.09 | -0.57% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.