FTV

Fortive Corporation

Technology Scientific & Technical Instruments NYSE

About the company

Fortive Corporation is a prominent and dynamic player in the industrial technology sector, offering a diverse range of innovative products and services. With a comprehensive portfolio that spans field solutions, product realization, health, and sensing technologies, the company caters to an extensive array of end markets including manufacturing, utilities, medical, and electronics. In the ever-evolving landscape of industrial technology, Fortive has emerged as a leader, consistently delivering mission-critical solutions that drive operational efficiency, enhance productivity, and enable superior performance for its customers. The company's commitment to innovation and customer-centricity has contributed to its success in becoming a trusted partner for businesses across various industries. Field solutions form a critical component of Fortive's offerings, enabling organizations to optimize workflows, streamline operations, and improve overall performance. Whether it is through advanced instrumentation, automation technologies, or data analytics tools, Fortive supports its customers in achieving operational excellence. From precision measurement instruments that ensure accuracy in critical processes to rugged handheld devices that enable data collection in challenging environments, the company's field solutions empower businesses to make informed decisions and drive continuous improvement. Product realization is another key area of expertise for Fortive, encompassing the entire product lifecycle, from design and development to manufacturing and delivery. Leveraging advanced technologies and cutting-edge manufacturing processes, Fortive assists businesses in bringing their ideas to life, transforming concepts into tangible products. Through its deep domain expertise, the company ensures that the products it helps develop meet the highest standards of quality, reliability, and performance. Fortive's commitment to health and sensing technologies is evident in its focus on providing innovative solutions that improve patient outcomes, enhance healthcare delivery, and enable precise diagnostics. The company's healthcare offerings include advanced medical devices, diagnostics, and solutions that address a wide range of clinical needs. By integrating technologies such as sensors, IoT connectivity, and data analytics, Fortive empowers healthcare providers to deliver personalized, efficient, and effective care. With its strong presence in the electronics industry, Fortive plays a pivotal role in advancing technological innovation. The company's solutions enable manufacturers to enhance production efficiency, optimize processes, and meet the ever-growing demand for high-quality and reliable electronics. From test and measurement equipment that ensures product quality to advanced electronic components that drive innovation in various sectors, Fortive supports the electronics industry in pushing the boundaries of what is possible. In 2022, Fortive achieved exceptional financial performance, generating approximately $5.8 billion in revenue and $1.4 billion in adjusted operating income. These impressive figures are a testament to the company's ability to deliver value to its customers and drive sustainable growth. Fortive's commitment to operational excellence, continuous innovation, and strategic investments has positioned it for continued success in the competitive industrial technology landscape. As Fortive continues to expand its portfolio, enhance its offerings, and explore new growth opportunities, it remains committed to its core principles of innovation, customer focus, and operational excellence. With its broad range of mission-critical products and services, the company is well-positioned to address the evolving needs of its diverse customer base and contribute to the advancement of industrial technology on a global scale.

Website: https://www.fortive.com

Data updated: June 10, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Technology · 874 peers in sector

Metric FTV Sector median Vs. industry
P/E 35.98 32.56 ↑ Above average
EPS 1.70 USD -0.04 USD ↑ Above average
Dividend yield 0.33% 0.00% ↑ Above average
Profit margin 12.84% 0.00% ↑ Above average
ROE 6.81% 0.00% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is Fortive Corporation?
Fortive Corporation is a prominent and dynamic player in the industrial technology sector, offering a diverse range of innovative products and services. With a comprehensive portfolio that spans field solutions, product realization, health, and sensing technologies, the company caters to an extensive array of end markets including manufacturing, utilities, medical, and electronics. In the ever-evolving landscape of industrial technology, Fortive has emerged as a leader, consistently delivering mission-critical solutions that drive operational efficiency, enhance productivity, and enable superior performance for its customers. The company's commitment to innovation and customer-centricity has contributed to its success in becoming a trusted partner for businesses across various industries. Field solutions form a critical component of Fortive's offerings, enabling organizations to optimize workflows, streamline operations, and improve overall performance. Whether it is through advanced instrumentation, automation technologies, or data analytics tools, Fortive supports its customers in achieving operational excellence. From precision measurement instruments that ensure accuracy in critical processes to rugged handheld devices that enable data collection in challenging environments, the company's field solutions empower businesses to make informed decisions and drive continuous improvement. Product realization is another key area of expertise for Fortive, encompassing the entire product lifecycle, from design and development to manufacturing and delivery. Leveraging advanced technologies and cutting-edge manufacturing processes, Fortive assists businesses in bringing their ideas to life, transforming concepts into tangible products. Through its deep domain expertise, the company ensures that the products it helps develop meet the highest standards of quality, reliability, and performance. Fortive's commitment to health and sensing technologies is evident in its focus on providing innovative solutions that improve patient outcomes, enhance healthcare delivery, and enable precise diagnostics. The company's healthcare offerings include advanced medical devices, diagnostics, and solutions that address a wide range of clinical needs. By integrating technologies such as sensors, IoT connectivity, and data analytics, Fortive empowers healthcare providers to deliver personalized, efficient, and effective care. With its strong presence in the electronics industry, Fortive plays a pivotal role in advancing technological innovation. The company's solutions enable manufacturers to enhance production efficiency, optimize processes, and meet the ever-growing demand for high-quality and reliable electronics. From test and measurement equipment that ensures product quality to advanced electronic components that drive innovation in various sectors, Fortive supports the electronics industry in pushing the boundaries of what is possible. In 2022, Fortive achieved exceptional financial performance, generating approximately $5.8 billion in revenue and $1.4 billion in adjusted operating income. These impressive figures are a testament to the company's ability to deliver value to its customers and drive sustainable growth. Fortive's commitment to operational excellence, continuous innovation, and strategic investments has positioned it for continued success in the competitive industrial technology landscape. As Fortive continues to expand its portfolio, enhance its offerings, and explore new growth opportunities, it remains committed to its core principles of innovation, customer focus, and operational excellence. With its broad range of mission-critical products and services, the company is well-positioned to address the evolving needs of its diverse customer base and contribute to the advancement of industrial technology on a global scale.
Are Fortive Corporation shares expensive?
The price-to-earnings (P/E) ratio of Fortive Corporation is 35.98 — the share price is 35.98 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 32.56). This is information, not a recommendation. (as of 2026-06-10)
How big is Fortive Corporation?
The market capitalization of Fortive Corporation — the combined value of all its shares — is 18.65 B USD. The higher the market cap, the larger the company. (as of 2026-06-10)
Does Fortive Corporation pay dividends?
The dividend yield of Fortive Corporation is 0.33% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-10)
What sector does Fortive Corporation belong to?
Fortive Corporation operates in the Technology sector, industry: Scientific & Technical Instruments.

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