Fortive Corporation

Fortive Corporationverified

FTV

Price:

$72.28

Market Cap:

$25.44B

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others. It markets its ...[Read more]

Industry

Hardware, Equipment & Parts

IPO Date

2016-07-05

Stock Exchange

NYSE

Ticker

FTV

The PE Ratio as of July 2024 (TTM) for Fortive Corporation (FTV) is 28.68

According to Fortive Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 28.68. This represents a change of -6.25% compared to the average of 30.59 of the last 4 quarters.

Fortive Corporation (FTV) Historical PE Ratio (quarterly & annually)

How has FTV PE Ratio performed in the past?

The mean historical PE Ratio of Fortive Corporation over the last ten years is 22.09. The current 28.68 PE Ratio has changed 12.88% with respect to the historical average. Over the past ten years (40 quarters), FTV's PE Ratio was at its highest in in the March 2020 quarter at 83.44. The PE Ratio was at its lowest in in the December 2018 quarter at 2.24.

Quarterly (TTM)
Annual

Average

22.09

Median

18.95

Minimum

6.71

Maximum

43.76

Fortive Corporation (FTV) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Fortive Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 332.73%

Maximum Annual PE Ratio = 43.76

Minimum Annual Increase = -66.67%

Minimum Annual PE Ratio = 6.71

Quarterly (TTM)
Annual
YearPE RatioChange
202329.98-1.13%
202230.32-30.71%
202143.76195.47%
202014.81-48.97%
201929.03332.73%
20186.71-66.67%
201720.1313.27%
201617.7723.66%
201514.372.27%
201414.05-5.94%

Fortive Corporation (FTV) Average PE Ratio

How has FTV PE Ratio performed in the past?

The current PE Ratio of Fortive Corporation (FTV) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

34.69

5-year avg

29.58

10-year avg

22.09

Fortive Corporation (FTV) PE Ratio vs. Peers

How is FTV’s PE Ratio compared to its peers?

Fortive Corporation’s PE Ratio is greater than Vishay Precision Group, Inc. (16.27), greater than Sensata Technologies Holding plc (-398.29), less than Badger Meter, Inc. (53.92), less than Trimble Inc. (56.85), greater than MKS Instruments, Inc. (-5.07), less than Novanta Inc. (83.08), greater than Mesa Laboratories, Inc. (-1.92), greater than Itron, Inc. (28.30), greater than Coherent, Inc. (-39.60), greater than Teledyne Technologies Incorporated (20.67), greater than II-VI Incorporated (-39.60), greater than ESCO Technologies Inc. (27.31),

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