Fortive (FTV) Ratios
Fortive Ratios
MX:FTV's free cash flow for Q3 2026 was $283.70M. For the 2026 fiscal year, MX:FTV's free cash flow was decreased by $-29.50M and operating cash flow was $313.20M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.71 | 1.16 | 2.05 | 0.91 | 0.68 |
| Quick Ratio | 0.58 | 0.91 | 1.75 | 0.71 | 0.54 |
| Cash Ratio | 0.17 | 0.36 | 1.05 | 0.26 | 0.22 |
| Solvency Ratio | 0.19 | 0.20 | 0.20 | 0.20 | 0.14 |
| Operating Cash Flow Ratio | 0.48 | 0.68 | 0.76 | 0.48 | 0.26 |
| Short-Term Operating Cash Flow Coverage | 1.20 | 4.06 | 0.00 | 1.30 | 0.45 |
| Net Current Asset Value | $ -3.67B | $ -4.23B | $ -2.91B | $ -3.73B | $ -4.43B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.27 | 0.23 | 0.23 | 0.22 | 0.25 |
| Debt-to-Equity Ratio | 0.50 | 0.38 | 0.37 | 0.35 | 0.44 |
| Debt-to-Capital Ratio | 0.33 | 0.28 | 0.27 | 0.26 | 0.30 |
| Long-Term Debt-to-Capital Ratio | 0.26 | 0.25 | 0.26 | 0.19 | 0.16 |
| Financial Leverage Ratio | 1.82 | 1.67 | 1.64 | 1.64 | 1.73 |
| Debt Service Coverage Ratio | 1.18 | 2.89 | 11.71 | 1.20 | 0.49 |
| Interest Coverage Ratio | 7.54 | 7.70 | 9.18 | 10.23 | 8.06 |
| Debt to Market Cap | 0.18 | 0.19 | 0.19 | 0.19 | 0.20 |
| Interest Debt Per Share | 10.51 | 11.54 | 11.16 | 9.87 | 12.17 |
| Net Debt to EBITDA | 2.16 | 1.84 | 1.22 | 1.89 | 2.83 |
| Profitability Margins | |||||
| Gross Profit Margin | 60.96% | 59.87% | 59.26% | 57.73% | 57.28% |
| EBIT Margin | 17.00% | 18.01% | 18.37% | 16.68% | 14.86% |
| EBITDA Margin | 25.51% | 26.74% | 25.90% | 24.67% | 22.38% |
| Operating Profit Margin | 17.67% | 18.88% | 18.69% | 17.26% | 15.82% |
| Pretax Profit Margin | 14.66% | 15.56% | 16.34% | 14.99% | 12.89% |
| Net Profit Margin | 11.26% | 13.37% | 14.27% | 12.96% | 11.58% |
| Continuous Operations Profit Margin | 12.47% | 13.37% | 14.27% | 12.96% | 11.69% |
| Net Income Per EBT | 76.83% | 85.90% | 87.38% | 86.46% | 89.80% |
| EBT Per EBIT | 82.95% | 82.40% | 87.40% | 86.89% | 81.48% |
| Return on Assets (ROA) | 4.93% | 4.89% | 5.12% | 4.75% | 3.69% |
| Return on Equity (ROE) | 8.98% | 8.17% | 8.39% | 7.80% | 6.40% |
| Return on Capital Employed (ROCE) | 9.58% | 7.96% | 7.50% | 7.64% | 6.52% |
| Return on Invested Capital (ROIC) | 7.44% | 6.65% | 6.54% | 6.12% | 5.04% |
| Return on Tangible Assets | 25.73% | 23.66% | 18.70% | 22.51% | 17.77% |
| Earnings Yield | 3.32% | 4.22% | 4.43% | 4.38% | 3.03% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.52 | 6.59 | 6.31 | 6.08 | 5.65 |
| Payables Turnover | 4.60 | 3.69 | 4.06 | 3.95 | 4.02 |
| Inventory Turnover | 6.88 | 4.59 | 4.60 | 4.59 | 4.38 |
| Fixed Asset Turnover | 19.06 | 14.39 | 13.79 | 13.81 | 13.29 |
| Asset Turnover | 0.44 | 0.37 | 0.36 | 0.37 | 0.32 |
| Working Capital Turnover Ratio | -35.84 | 5.58 | 7.44 | -8.03 | 27.22 |
| Cash Conversion Cycle | 22.23 | 36.02 | 47.23 | 47.26 | 57.26 |
| Days of Sales Outstanding | 48.52 | 55.37 | 57.82 | 60.05 | 64.61 |
| Days of Inventory Outstanding | 53.04 | 79.52 | 79.30 | 79.56 | 83.36 |
| Days of Payables Outstanding | 79.33 | 98.87 | 89.89 | 92.35 | 90.71 |
| Operating Cycle | 101.56 | 134.89 | 137.12 | 139.61 | 147.98 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 3.42 | 4.37 | 3.84 | 3.66 | 2.75 |
| Free Cash Flow Per Share | 3.09 | 4.03 | 3.53 | 3.39 | 2.61 |
| Dividend Paid and CapEx Coverage Ratio | 5.49 | 6.59 | 6.45 | 6.67 | 5.27 |
| Capital Expenditure Coverage Ratio | 10.31 | 12.68 | 12.56 | 13.60 | 19.22 |
| Operating Cash Flow Coverage Ratio | 0.34 | 0.39 | 0.36 | 0.38 | 0.23 |
| Operating Cash Flow to Sales Ratio | 0.21 | 0.25 | 0.22 | 0.22 | 0.18 |
| Free Cash Flow Yield | 5.60% | 7.13% | 6.37% | 7.00% | 4.54% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 31.55 | 23.64 | 22.59 | 22.85 | 32.98 |
| Price-to-Sales (P/S) Ratio | 3.40 | 3.17 | 3.22 | 2.96 | 3.82 |
| Price-to-Book (P/B) Ratio | 2.71 | 1.94 | 1.90 | 1.78 | 2.11 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 17.86 | 14.03 | 15.70 | 14.29 | 22.02 |
| Price-to-Operating Cash Flow Ratio | 16.13 | 12.92 | 14.45 | 13.24 | 20.88 |
| Price-to-Earnings Growth (PEG) Ratio | -1.18 | -8.31 | 1.41 | 0.78 | -0.51 |
| Enterprise Value Multiple | 15.47 | 13.68 | 13.67 | 13.89 | 19.88 |
| Enterprise Value | 20.30B | 22.79B | 21.48B | 19.97B | 23.39B |
| EV to EBITDA | 15.47 | 13.68 | 13.67 | 13.89 | 19.88 |
| EV to Sales | 3.95 | 3.66 | 3.54 | 3.43 | 4.45 |
| EV to Free Cash Flow | 20.75 | 16.21 | 17.24 | 16.54 | 25.67 |
| EV to Operating Cash Flow | 18.74 | 14.93 | 15.87 | 15.32 | 24.33 |
| Tangible Book Value Per Share | -9.56 | -9.45 | -5.55 | -7.99 | -10.10 |
| Shareholders’ Equity Per Share | 20.40 | 29.18 | 29.27 | 27.17 | 27.26 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.15 | 0.14 | 0.13 | 0.14 | 0.09 |
| Revenue Per Share | 16.25 | 17.85 | 17.21 | 16.35 | 15.06 |
| Net Income Per Share | 1.83 | 2.39 | 2.46 | 2.12 | 1.74 |
| Tax Burden | 0.77 | 0.86 | 0.87 | 0.86 | 0.90 |
| Interest Burden | 0.86 | 0.86 | 0.89 | 0.90 | 0.87 |
| Research & Development to Revenue | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| SG&A to Revenue | 0.37 | 0.34 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Income Quality | 1.87 | 1.83 | 1.56 | 1.73 | 1.56 |
Currency in USD
