Fortive (FTV) Asset Utilization Ratio (2016 - 2026)
Fortive (FTV) posted quarterly Asset Utilization Ratio of 0.36 for Q2 2026, up 51.66% year-over-year from 0.24 in Q2 2025, and up 3.16% on a QoQ basis from 0.35 in Q4 2025.
Fortive (FTV) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
Fortive (FTV) has reported Asset Utilization Ratio for 11 consecutive years, with 0.36 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 51.66% year-over-year to 0.36; the TTM figure through Apr 2026 stood at 0.36 (up 51.66% YoY), while the FY2025 annual figure was 0.29, up 20.26% from the prior year.
- Asset Utilization Ratio came in at 0.36 for Q2 2026 at Fortive, up from 0.35 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 0.29, with a median of 0.33 recorded in 2022.
- Across the five-year window, Asset Utilization Ratio tumbled 63.31% in 2024 and surged 94.14% in 2025, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.37 in 2022, then sank by 34.45% to 0.24 in 2023, then slipped by 1.46% to 0.24 in 2024, then soared by 48.7% to 0.35 in 2025, then increased by 3.16% to 0.36 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.36, 0.35, and 0.27 for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 0.41 |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 0.56 |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 0.50 |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 0.40 |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 0.36 |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 0.40 |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 0.52 |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 0.55 |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 0.68 |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 0.92 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 2, 2021 | 0.35 |