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Fortive Corporation (FTV)

Technology BalancedS&P 500

Fortive is a behind-the-scenes industrial technology company that makes the precision tools, software, and sensors used to keep factories and labs running smoothly.

$54.69

Is Fortive Corporation a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: High gross margins suggest strong pricing power. Worth weighing: Recent earnings growth has been negative.

No rating · no target price · nothing for sale here
Price+6.2%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range+24% past year
$54.69
Low $46.54High $64.56
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Price to earnings
18.1now
13.920.9

Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.

Net profit margin
14.3%now
5.4%16.5%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does Fortive Corporation do?

Fortive operates like the 'plumbing' of the modern industrial world, providing essential equipment for testing, measuring, and monitoring complex systems. Sales of these high-tech tools and software subscriptions to businesses in sectors like healthcare and manufacturing keep the lights on. What really matters here is whether they can turn their high profit margins into actual earnings growth, since recent figures show a dip in profits despite steady revenue.

On our factor screen it looks strongest on income and momentum, and weakest on growth.

Quick checks

Does Fortive Corporation pay a dividend?

Yes - Fortive Corporation currently pays a dividend of about 0.4% a year, which is £3.90 a year for every £1,000 invested (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it. An ISA doesn't shelter the US tax on this one →

What do the numbers say about Fortive Corporation's dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield0.4%£3.90 a year for every £1,000 invested. The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio13%about 13 in every 100 pounds of profit. The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover7.9×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

Most recent ex-dividend date: 22 Jun 2026. To receive a dividend you must already own the shares before the ex-dividend date; become a holder on or after it and the previous owner keeps that payment. Why the price usually falls that morning →

Does Fortive Corporation have more cash or more debt?

It holds about $374.20M in cash against about $3.60B of debt - so it has net debt of about $3.22B. Debt is not automatically a problem - it funds growth - but it has to be serviced and repaid, which matters more when profits wobble.

From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.

What do Fortive Corporation's numbers mean?

P/E
32.63
This shows how much you are paying for every pound of the company's current profit; a higher number suggests investors expect significant growth in the future.
Around the middle of the 109 Technology shares we cover
Gross margin
63.2%
This tells us that for every pound of sales, the company keeps over 63 pence after paying for the direct costs of making their products.
Around the middle of the 131 Technology shares we cover
Revenue growth
7.9%
This is the percentage increase in the total money coming in from sales compared to the same time last year.
Lower than most of the 131 Technology shares we cover
Dividend yield
0.4%
This is the annual cash payout to shareholders as a percentage of the share price, which is currently quite small.
Around the middle of the 131 Technology shares we cover

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into Fortive Corporation
$1,062+6%

Over about 2 years to 2026-09-11. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Fortive Corporation actually fallen?

−26%

Over the last 2 years of daily prices, Fortive Corporation fell as much as −26% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-15%
2023+15%
2024+2%
2025-2%
2026 so far+12%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$18.80B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
3.03M
Day range: The lowest and highest price the shares traded at during the latest day.
$54.59 – $55.20
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$46.54 – $64.56
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
32.6
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.4%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.98

Does the share price tell you if it's cheap or expensive?

One share costs$54.69
Number of shares344 million
So the whole company is worth$18.8bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.98
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +3% past week · ▲ +24% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does Fortive Corporation make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$280.62M$561.25M$841.88M$1.12BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
63.2%
Net margin
12.4%
Return on equity
7.3%

Where does each £100 of Fortive Corporation's sales go?

Making the product or service £37Running costs, tax and interest £51Left as profit £12

A rough split of the latest full-year figures: of every £100 of sales, about £37 covers making the product or service, £51 goes on running costs, tax and interest, and about £12 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.

When does Fortive Corporation report earnings, and how did recent quarters go?

Fortive Corporation is next scheduled to report on about 2026-10-28 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

Fortive Corporation: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-29$0.71$0.74Beat +5%
2026-04-30$0.64$0.70Beat +9%
2026-02-04$0.84$0.90Beat +7%
2025-10-29$0.57$0.68Beat +19%
2025-07-30$0.59$0.58Missed -2%
2025-05-01$0.85$0.85In line

Across the last 6 quarters here, Fortive Corporation came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for Fortive Corporation?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+5% to +10%Stronger demand for industrial automation tools
Base
-2% to +2%Steady performance in line with current trends
Bear
-5% to -10%Slower manufacturing activity impacting sales

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Becoming a dominant player in industrial software

The bear case

Technological obsolescence of core hardware

What are the pros and cons of Fortive Corporation?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • High gross margins suggest strong pricing power
  • Essential role in critical industrial and healthcare infrastructure
  • Steady revenue growth: How fast the company's sales grew versus a year ago. indicates a stable customer base
The catch3
  • Recent earnings growth has been negative
  • Low dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone. may not appeal to income-focused investors
  • High current P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth. suggests high expectations from the market
Key risks3
  • Economic slowdowns often lead to reduced industrial spending
  • Competition from other technology and engineering firms
  • Integration risks from acquiring other businesses
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A sustained period of rising earnings growth
  • A significant shift in the company's profit margins

Common questions about Fortive Corporation

Does Fortive Corporation pay a dividend?

Yes - Fortive Corporation currently pays a dividend of about 0.4% a year. Dividends are a share of profit paid to holders; the yield moves with the price and payouts can be cut.

When does Fortive Corporation report earnings next?

Fortive Corporation is next scheduled to report results on about 2026-10-28. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.