Fortive FTV
NYSE FTV
$55.82 -0.69 (-1.22%)
As of: Sep 9, 2026 · 3:59 PM EDT

Fortive (FTV) Asset Utilization Ratio (2016 - 2026)

Fortive (FTV) posted Asset Utilization Ratio of 0.37 for Q3 2026, up 2.44% on a QoQ basis from 0.36 in Q2 2026, and up 61.09% year-over-year from 0.23 in Q3 2025.

Analysis

Fortive (FTV) Asset Utilization Ratio (2016 - 2026) Analysis & Trends

Fortive has reported Asset Utilization Ratio for 11 years, with the latest figure at 0.37 in Q3 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 61.09% year-over-year to 0.37 in Q3 2026; TTM through Jul 2026 was 0.37, a 61.09% increase from a year earlier, with the FY2025 full-year figure at 0.29, up 20.26% from the prior year.
  • Asset Utilization Ratio was 0.37 for Q3 2026 at Fortive, up from 0.36 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.38 in Q3 2023, with the low at 0.14 in Q3 2024.
  • Average Asset Utilization Ratio over 5 years is 0.3, with a median of 0.33 recorded in 2022.
  • The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio sank 63.31% in 2024, then soared 94.14% in 2025.
  • Over 5 years, Asset Utilization Ratio stood at 0.37 in 2022, then tumbled by 34.45% to 0.24 in 2023, then retreated by 1.46% to 0.24 in 2024, then jumped by 48.7% to 0.35 in 2025, then grew by 5.67% to 0.37 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.37 (Q3 2026), 0.36 (Q2 2026), and 0.35 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 3M 86.90 Bn 83.63 Bn 2.68 Bn 0.72
2 Illinois Tool Works 76.92 Bn 76.08 Bn 1.90 Bn 1.01
3 Ametek 54.50 Bn 54.00 Bn 735.04 Mn 0.48
4 Rockwell Automation 48.18 Bn 47.71 Bn 1.14 Bn 0.80
5 Mettler Toledo International 29.15 Bn 29.09 Bn 650.22 Mn 1.13
6 Dover 25.97 Bn 24.22 Bn 880.61 Mn 0.62
7 Symbotic 25.93 Bn 24.61 Bn 160.91 Mn 0.75
8 Nordson 17.73 Bn 17.62 Bn 453.73 Mn 0.50
9 Fortive 17.23 Bn 16.86 Bn 695.30 Mn 0.37
10 RBC Bearings 16.01 Bn 15.88 Bn 247.80 Mn 0.38
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 0.37
Apr 3, 2026 0.36
Dec 31, 2025 0.35
Sep 26, 2025 0.27
Jun 27, 2025 0.23
Mar 28, 2025 0.24
Dec 31, 2024 0.24
Sep 27, 2024 0.14
Jun 28, 2024 0.17
Mar 29, 2024 0.20
Dec 31, 2023 0.24
Sep 29, 2023 0.38
Jun 30, 2023 0.38
Mar 31, 2023 0.37
Dec 31, 2022 0.37
Sep 30, 2022 0.35
Jul 1, 2022 0.34
Apr 1, 2022 0.33
Dec 31, 2021 0.33
Oct 1, 2021 0.35