FTV

Industrials

Fortive Corporation · Industrial - Machinery · $18B

UQS Score — Balanced Preset
47.7
Below Average

Fortive Corporation scores 47.7/100 using the Balanced preset.

UQS vs Industrials Sector
FTV
47.7
Sector avg
42.4
Quality
Good
Moat
Neutral
Growth
Weak
Risk
Neutral
Valuation
Good

What is Fortive Corporation?

Fortive Corporation is a large-cap industrial technology company headquartered in Everett, Washington. It serves a broad range of professional end markets through engineered products, software platforms, and services sold under well-known industrial brands.

Fortive generates revenue across three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment delivers connected reliability tools, enterprise software for environment and safety management, and facility lifecycle platforms. Precision Technologies provides electrical test and measurement instruments, sensors, and control systems for markets ranging from aerospace to semiconductors. Advanced Healthcare Solutions focuses on instrument reprocessing, tracking, and related services for healthcare facilities.

Fortive was established in 2016 and is headquartered in Everett, Washington.

  • Connected reliability and calibration tools under the Fluke brand
  • Environment, health, and safety enterprise software via Intelex
  • Facility and asset lifecycle management through Accruent and ServiceChannel
  • Electrical test and measurement instruments under Tektronix and Keithley
  • Sensor and control systems for industrial and medical markets

Is FTV a Good Stock to Buy?

UQS Score rates FTV as Below Average overall.

Among FTV's five pillars, Valuation stands out as the relative bright spot, rated Good — suggesting the stock is not trading at an extreme premium relative to its fundamentals. The Moat pillar comes in at Neutral, reflecting a portfolio of recognized industrial brands and some switching costs embedded in its software platforms.

Quality, Growth, and Risk all carry Weak ratings, pointing to meaningful headwinds in profitability consistency, revenue expansion, and balance sheet or operational risk factors that investors should weigh carefully.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does FTV pay dividends?

Yes — Fortive Corporation pays a dividend.

Fortive pays a regular dividend, which is relatively uncommon among technology-oriented industrial companies of its profile. The dividend reflects management's willingness to return capital to shareholders alongside reinvestment in its software and hardware businesses. Income-focused investors should review the current yield and payout history on Fortive's investor relations page for the most up-to-date details.

When does FTV report earnings?

Fortive reports earnings on a quarterly cadence, consistent with US-listed large-cap equities.

Given the Weak ratings across Quality and Growth pillars, recent earnings cycles have reflected pressure on both top-line expansion and profitability metrics relative to sector peers. The company's multi-segment structure means results can vary meaningfully across its industrial and healthcare divisions.

For the most recent quarter's results and guidance, visit Fortive's official investor relations page.

FTV Price History

+14.0% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Fortive Corporation?

$
Today it would be worth
$11,405
That's a +14.1% total return, or +2.7% annualized.

Based on Fortive Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

FTV Long-term Outlook

The combination of Weak Growth and Weak Risk pillar ratings suggests Fortive faces a challenging near-term fundamental trajectory. Revenue expansion across its three segments is not currently tracking above sector peers, and risk factors — whether related to leverage, cyclical end-market exposure, or execution — remain elevated. The Good Valuation rating offers some cushion, but it does not offset the broader quality and growth concerns embedded in the current UQS profile.

Growth drivers

  • Expansion of software platforms in facility management and safety compliance
  • Cross-selling opportunities across healthcare and industrial verticals
  • Demand for precision test and measurement tools in semiconductor and aerospace markets

Key risks

  • Weak Quality and Risk pillar ratings signal potential profitability and balance sheet pressures
  • Cyclical exposure across industrial and healthcare end markets
  • Integration complexity from managing multiple distinct business segments and brands

FTV vs Peers

Fortive operates in a competitive landscape that includes diversified industrial technology and precision instrumentation peers.

MKSIFTV scores lower
MKS Inc.

MKS focuses heavily on semiconductor and advanced electronics process solutions, giving it a more concentrated end-market exposure compared to Fortive's diversified segment structure.

TRMBSimilar UQS
Trimble Inc.

Trimble specializes in positioning and workflow software for construction, agriculture, and geospatial markets, overlapping with Fortive's pre-construction and facility software offerings.

FNFTV scores lower
Fabrinet

Fabrinet operates as a precision optical and electronic manufacturing services provider, competing in adjacent precision technology markets rather than software-driven industrial solutions.

Frequently Asked Questions

What does Fortive Corporation do?

Fortive designs, manufactures, and services professional products, software, and services across three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. Its brands — including Fluke, Tektronix, and Accruent — serve industrial, healthcare, and technology end markets worldwide.

Does FTV pay dividends?

Yes, Fortive pays a regular dividend. This distinguishes it from many pure-play software or technology peers. Investors seeking income should check the current yield and payment schedule on Fortive's investor relations page, as dividend details can change.

When does FTV report earnings?

Fortive reports on a quarterly cadence, as is standard for US-listed large-cap companies. For the exact timing of upcoming earnings releases, refer to Fortive's investor relations page or financial calendar.

Is FTV a good stock to buy?

UQS Score rates FTV as Below Average overall. While the Valuation pillar is rated Good, the Quality, Growth, and Risk pillars all carry Weak ratings. Investors should weigh these signals carefully. The full pillar breakdown is available to UQS Pro members.

Is FTV overvalued?

The UQS Valuation pillar for FTV is rated Good, suggesting the stock is not severely overpriced relative to its fundamentals at the time of scoring. However, valuation should always be considered alongside the Quality and Growth context, both of which are currently Weak.

How does FTV compare to its competitors?

Fortive's diversified three-segment model differentiates it from more focused peers like MKS Instruments and Trimble. Each competitor has distinct end-market concentrations and business models. UQS Pro members can view side-by-side pillar comparisons across these names.

What is FTV's market cap bracket?

Fortive is classified as a large-cap company, reflecting its scale across multiple industrial and technology segments. Large-cap status generally implies greater liquidity and institutional coverage compared to smaller peers.

Who founded Fortive Corporation?

Fortive was spun off from Danaher Corporation in 2016. Information about the leadership team involved in its founding is widely available through Fortive's official corporate history and public filings.

Is FTV a long-term quality investment?

As a long-term quality indicator, UQS rates FTV as Below Average. The Weak scores across Quality, Growth, and Risk pillars suggest the business faces structural challenges that long-term investors should monitor closely. The Good Valuation rating provides some relative support but does not offset the broader concerns.

What is the main competitive advantage of Fortive?

Fortive's Moat pillar is rated Neutral, reflecting a mixed picture. The company benefits from recognized brands like Fluke and Tektronix, as well as software platforms with embedded switching costs. However, these advantages are not currently rated as exceptional relative to sector peers.

What sector does FTV belong to?

Fortive is classified within the Technology sector, though its business spans industrial instrumentation, enterprise software, and healthcare solutions. This cross-sector exposure means FTV is influenced by both technology spending cycles and broader industrial demand trends.

Is FTV a growth stock or value stock?

Based on UQS pillar labels, FTV does not fit neatly into either category. The Growth pillar is rated Weak, indicating limited expansion momentum, while the Valuation pillar is rated Good. This profile is more consistent with a value-leaning name facing growth headwinds than a high-growth compounder.

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Pro Analysis

FTV — Score History

303540455055Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 18 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 22, 202647.663.042.023.941.669.2+7.5
May 14, 202640.137.142.023.929.374.4+3.2
May 10, 202636.913.142.023.847.774.4+0.1
May 8, 202636.813.142.023.847.774.2-2.6
May 7, 202639.436.342.023.831.069.5-0.1
May 3, 202639.536.342.023.831.070.0+0.2
Apr 26, 202639.336.342.023.831.068.8-0.2
Apr 23, 202639.536.342.023.831.070.30.0
Apr 19, 202639.536.442.023.831.070.3-0.1
Apr 18, 202639.636.442.023.831.070.7-0.9

FTV — Pillar Breakdown

Quality

63.0/100 (25%)

Fortive Corporation shows solid profitability with healthy returns on capital and reasonable margins.

Capital Efficiency (ROIC)Weak

How effectively capital is deployed to generate returns.

Return on EquityWeak

Profitability relative to shareholders' equity.

Operating ProfitabilityStrong

Ability to convert revenue into operating profit.

Net ProfitabilityStrong

Bottom-line profit as a share of revenue.

Gross Profit / AssetsStrong

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationModerate

Free cash flow relative to market value.

Growth

23.9/100 (20%)

Fortive Corporation faces growth headwinds with declining or stagnant revenue trends.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookWeak

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

41.6/100 (15%)

Fortive Corporation has some risk factors including moderate leverage or solvency concerns.

Financial LeverageWeak

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioWeak

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageModerate

Earnings capacity relative to interest payments.

Valuation

69.3/100 (15%)

Fortive Corporation trades at a reasonable valuation with decent earnings yield and FCF multiples.

Earnings YieldModerate

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowStrong

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorWeak

Enterprise value multiple relative to sector median.

Moat

42/100 (25%)

Fortive Corporation possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for FTV.

Score Composition

Quality
63.0×25%15.8
Growth
23.9×20%4.8
Risk
41.6×15%6.2
Valuation
69.3×15%10.4
Moat
42.0×25%10.5
Total
47.7Below Average

Financial Data

More Stock Analysis

How is the FTV UQS Score Calculated?

The UQS (Unified Quality Score) for Fortive Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Fortive Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Fortive Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.