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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |