NYSE: FTV
Fortive Corporation
Industrials · Industrial - Machinery
Market Cap
$18.61B
52w High
$63.40
52w Low
$46.34
P/E
35.11
Volume
1.86M
Outstanding Shares
304.86M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 16% over the last year. Revenue declined 23.36% over the trailing twelve months. Operating margin moved from 18.94% to 17.73%. Free cash flow declined 30.89% over the trailing twelve months.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 97th percentile of its historical P/FCF range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently 17.73%) would need to stabilize or improve to justify the move. Revenue is declining 23.36% — a trend reversal in the next report would be the key signal to watch. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Company profile
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.
Valuation
Stock splits
Every 1000 shares became 1327
Every 200 shares became 239
Profitability & growth
Analyst consensus
11
Buy
17
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 29, 2026
Q3 FY26 · EPS est $0.69 · Revenue est $1.07B
View
Dividends
$0.24/shareQuarterlyEx-div Jun 22, 2026 · in 3dSafeFTV pays a dividend with a 0.39% declared yield, growing at 3.48% annually, covered 10.6× by free cash flow.
Declared Yield
0.39%
Annual Div / Share
$0.24
5yr CAGR
+3.48%
Doubles every ~20.3yr
Payout Ratio
15.34%
Safe
Dividend Growth Rate
3yr CAGR
+4.4%
5yr CAGR
+3.48%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$0/mo
In 5 yrs
$0/mo
In 10 yrs
$0/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$4/yr $0/mo | $5/yr+19% $0/mo | $6/yr+41% $0/mo |
Yield-on-cost grows from 0.39% → 0.55% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 10.6× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.