Fortive (FTV) Asset Utilization Ratio (2016 - 2026)
Fortive (FTV) posted quarterly Asset Utilization Ratio of 0.37 for Q3 2026, up 61.09% year-over-year from 0.23 in Q3 2025, and up 2.44% quarter-over-quarter from 0.36 in Q2 2026.
Fortive (FTV) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
Fortive's Asset Utilization Ratio history runs 11 years deep, the most recent figure standing at 0.37 for Q3 2026.
- In Q3 2026, Asset Utilization Ratio rose 61.09% year-over-year to 0.37; the TTM figure through Jul 2026 stood at 0.37 (up 61.09% YoY), while the FY2025 annual figure was 0.29, up 20.26% from the prior year.
- Asset Utilization Ratio for Q3 2026 stood at 0.37, 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.
- The 5-year median for Asset Utilization Ratio is 0.33 (2022), against an average of 0.3.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio sank 63.31% in 2024, then jumped 94.14% in 2025.
- Fortive's Asset Utilization Ratio stood at 0.37 in 2022, then tumbled by 34.45% to 0.24 in 2023, then declined by 1.46% to 0.24 in 2024, then surged by 48.7% to 0.35 in 2025, then advanced by 5.67% to 0.37 in 2026.
- Business Quant data shows FTV's Asset Utilization Ratio at 0.37 in Q3 2026, 0.36 in Q2 2026, and 0.35 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 0.69 |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 0.52 |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 0.40 |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 0.41 |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 0.49 |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 0.37 |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 0.43 |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 0.52 |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 0.53 |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 0.56 |
Historic Data
Download 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 |