FTV vs MTD Stock Comparison

Fortive and Mettler Toledo International Prices as of Oct 23, 2026 Peers: Industry group
FTV Fortive Corp
$60.25 +7.1% 1M +21.4% 1Y
Market cap
$18.47B
P/E
34.6x
Revenue (TTM)
$4.32B
Div. yield
0.00%
Industrial Machinery Industrials
4 wins

Head to Head

11 decided of 12

Mettler Toledo International leads on 7 of the 12 questions below (Mettler Toledo International 7, Fortive 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFTVMTDLeader
Larger companyMarket capitalisation $18.47B $33.57B MTD
Cheaper on earningsLower P/E, profitable companies only 34.6x 37.1x FTV
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.8x 33.2x FTV
Faster revenue growthRevenue growth, trailing twelve months +5.6% +6.9% MTD
More profitableNet margin, trailing twelve months 12.4% 21.9% MTD
Better return on capitalReturn on invested capital 7.4% 47.1% MTD
Less leveragedLower net debt / EBITDA 2.5x 1.5x MTD
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +21.4% +16.1% FTV
Better 5-year returnAnnualised price return, 5 years -4.1%/yr +2.6%/yr MTD
Less volatileAnnualised volatility, 1 year 26.7% 33.0% FTV
Higher overall scoreMean of the five percentile scores vs peers 48/100 51/100 MTD

Percentile Scorecard

FTVMTD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFTVMTD
Valuation 46 #111 of 203 11 #180 of 203
Growth 19 #153 of 188 38 #117 of 188
Profitability 73 #52 of 187 100 #1 of 187
Financial Health 39 #137 of 222 24 #168 of 222
Shareholder Returns 63 #58 of 153 80 #31 of 153
Overall 48 51
  • FTV ranked among 222 companies in Machinery
  • MTD ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFTVMTDSPY
1 month +7.1%+11.7% -1.0%
3 months -3.3%+25.6% +2.9%
6 months -1.4%+30.1% +6.4%
Year to date +9.1%+19.7% +11.4%
1 year +21.4%+16.1% +13.1%
3 years -14.2%+68.2% +79.4%
3 years, per year -5.0%+18.9% +21.5%
5 years -19.0%+13.5% +67.7%
5 years, per year -4.1%+2.6% +10.9%
10 years +23.8%+309.7% +255.2%
10 years, per year +2.2%+15.1% +13.5%

Risk

MeasureFTVMTDSPY
Volatility, 1Y 26.7%33.0% 12.7%
Downside volatility, 1Y 25.9%33.6% 12.7%
Beta vs S&P 500, 1Y 0.590.80 1.00
Return / volatility, 1Y 0.800.49 1.03
Max drawdown, 5Y -46.1%-43.5% -25.4%
From 52-week high -6.1%-1.0% -2.5%
52-week high $64.16$1,685.52 $779.14
52-week low $49.16$1,025.53 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFTVMTD
P/E now vs peer median 34.3xmedian 25.9x 37.1xmedian 25.9x
P/S now vs peer median 4.2xmedian 1.9x 8.8xmedian 1.9x
EV/EBITDA now vs peer median 17.3xmedian 13.7x 28.1xmedian 13.7x
P/FCF now vs peer median 19.4xmedian 21.1x 41.9xmedian 21.1x
P/B now vs peer median 3.0xmedian 2.3x 2,822xmedian 2.3x
PEG now vs peer median -4.16median 1.19 5.36median 1.19

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFTVMTD
Revenue $4.32B $4.13B
Gross profit $2.73B $2.49B
Operating income $786.70M $1.23B
Net income $534.40M $905.61M
Free cash flow $937.60M $863.97M
R&D $262.00M $208.01M
EPS (diluted) $1.74 $44.91
Cash & equivalents $374.20M $51.40M
Total debt $3.51B $2.11B
Shares (diluted) 307.60M 20.17M
Enterprise value $16.94B $33.32B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFTVMTD
P/E 34.3x 37.1x
P/FCF 19.4x 41.9x
P/Operating cash flow 17.3x 37.1x
P/S 4.2x 8.8x
P/B 3.0x 2,822x
P/Tangible book 4.5x -142.8x
EV/EBITDA 17.3x 28.1x
EV/EBIT 27.2x 31.1x
EV/Revenue 5.0x 9.3x
EV/FCF 22.8x 44.3x
EV/Operating cash flow 20.3x 39.2x
PEG (3Y EPS CAGR) -4.16 5.36

Growth

14 metrics
MetricFTVMTD
Revenue growth (1Y) 5.6% 6.9%
Revenue CAGR (3Y) -10.3% 1.5%
Gross profit growth (1Y) 4.2% 7.5%
Gross profit CAGR (3Y) -7.9% 2.0%
Operating income growth (1Y) 9.4% 6.3%
Operating income CAGR (3Y) -9.9% 0.2%
Net income growth (1Y) -30.5% 9.1%
Net income CAGR (3Y) -12.6% 3.7%
EPS growth (1Y) -22.8% 12.2%
EPS CAGR (3Y) -8.3% 6.9%
Operating cash flow growth (1Y) -30.6% 2.5%
Operating cash flow CAGR (3Y) -6.6% 0.2%
Free cash flow growth (1Y) -34.8% 1.9%
Free cash flow CAGR (3Y) -7.5% 0.2%

Profitability

14 metrics
MetricFTVMTD
Gross margin 63.2% 60.3%
EBITDA margin 28.6% 32.9%
Operating margin 18.2% 29.7%
Pretax margin 15.6% 26.5%
Net margin 12.4% 21.9%
FCF margin 21.7% 20.9%
Operating cash flow margin 24.4% 23.6%
Return on equity 8.8% –
Return on assets 4.6% 24.7%
Return on invested capital 7.4% 47.1%
Return on capital employed 7.6% 49.8%
Asset turnover 0.4x 1.1x
Cash conversion (OCF / net income) 2.0x 1.1x
Stock comp / revenue 2.7% 0.6%

Financial Health

11 metrics
MetricFTVMTD
Debt / assets 30.2% 57.5%
Debt / equity 0.6x 164.7x
Net debt / EBITDA 2.5x 1.5x
Debt / FCF 3.7x 2.4x
Liabilities / assets 47.7% 99.7%
Equity / assets 52.3% 0.3%
Interest coverage 12.8x 17.7x
Current ratio 1.2x 1.1x
Quick ratio 0.9x 0.7x
Cash ratio 0.3x 0.0x
Altman Z-score 3.29 11.89

Shareholder Returns

7 metrics
MetricFTVMTD
Dividend yield 0.4% –
Net buyback yield 10.8% 2.1%
Shareholder yield 11.2% 2.1%
Payout ratio (earnings) 10.6% –
Payout ratio (FCF) 6.0% –
Dividend growth (1Y) -48.4% –
Dividend CAGR (3Y) -17.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFTVMTD
Forward P/E 18.8xFY2026 33.2xFY2026
EPS, next fiscal year $3.20FY2026 $50.31FY2026
EPS growth, next FY +18.1%FY2026 +17.7%FY2026
EPS growth, the year after -3.1% +5.0%
Revenue, next fiscal year $4.63BFY2026 $4.52BFY2026
Revenue growth, next FY +11.4%FY2026 +12.2%FY2026
Revenue growth, the year after -6.7% +3.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFTVMTD
Held by institutions 100.0% 94.4%
Institutions holding 803 804
Change in shares held, QoQ +2.8% +3.1%
Institutions buying 350 331
Institutions selling 301 324
Buyers to sellers 1.16 1.02

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FTVMTD
FTV 1.00 0.27
MTD 0.27 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FTV and MTD?

Mettler Toledo International (MTD) is the largest by market capitalisation: Fortive (FTV) $18.47B, Mettler Toledo International (MTD) $33.57B.

Which stock is cheaper, FTV and MTD?

Fortive (FTV) trades on the lowest price-to-earnings ratio (Fortive (FTV) 34.6x, Mettler Toledo International (MTD) 37.1x). On next year's consensus earnings, Fortive (FTV) is cheapest (Fortive (FTV) 18.8x, Mettler Toledo International (MTD) 33.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Mettler Toledo International (MTD) grew revenue fastest over the trailing twelve months: Fortive (FTV) +5.6%, Mettler Toledo International (MTD) +6.9%.

Which company is more profitable?

Mettler Toledo International (MTD) has the highest net margin (Fortive (FTV) 12.4%, Mettler Toledo International (MTD) 21.9%). On return on invested capital, Mettler Toledo International (MTD) leads (Fortive (FTV) 7.4%, Mettler Toledo International (MTD) 47.1%).

Which stock has performed better?

Over the past year Fortive (FTV) returned the most: Fortive (FTV) +21.4%, Mettler Toledo International (MTD) +16.1%. Over five years, Mettler Toledo International (MTD) compounded fastest (Fortive (FTV) -4.1%/yr, Mettler Toledo International (MTD) +2.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Fortive (FTV) 0.00%, Mettler Toledo International (MTD) 0.00%. Mettler Toledo International (MTD) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Fortive (FTV) has been the steadiest (Fortive (FTV) 26.7%, Mettler Toledo International (MTD) 33.0%). Volatility measures how widely the price swings, not the risk of the business.

Do FTV and MTD move together?

Their daily returns over the past year have a correlation of 0.27, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, FTV and MTD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Mettler Toledo International (MTD) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.