Fortive (FTV) Gross Margin (2015 - 2026)
Fortive (FTV) recorded quarterly Gross Margin of 63.17% in Q2 2026, little changed quarter-over-quarter from 63.15% in Q4 2025, and down 103.0% on a YoY basis from 2105.54% in Q2 2025.
Fortive (FTV) Gross Margin (2015 - 2026) Analysis & Trends
Fortive's Gross Margin history runs 12 years deep, the most recent figure standing at 63.17% for Q2 2026.
- In Q2 2026, Gross Margin fell 103.0% year-over-year to 63.17%; the TTM figure through Apr 2026 stood at 63.25% (down 100.0% YoY), while the FY2025 annual figure was 63.5%, down 68.0% from the prior year.
- Gross Margin was 63.17% for Q2 2026 at Fortive, roughly flat from 63.15% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 64.83% in Q4 2024 to a low of 29.86% in Q4 2023.
- Historically, Gross Margin has averaged 59.52% across 5 years, with a median of 63.15% in 2025.
- The sharpest annual moves came in 2023 and 2024: Gross Margin sank 2848 bps in 2023, then jumped 3497 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 58.34% in 2022, then plunged by 49 bps to 29.86% in 2023, then surged by 117 bps to 64.83% in 2024, then declined by 3 bps to 63.15% in 2025, then increased by 0 bps to 63.17% in 2026.
- The last three Gross Margin figures came in at 63.17% (Q2 2026), 63.15% (Q4 2025), and 63.21% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 37.66% |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 62.19% |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 59.44% |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 43.19% |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 47.03% |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 63.17% |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 68.76% |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 71.13% |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 42.45% |
| 10 | Sensata Technologies Holding | 7.28 Bn | 6.64 Bn | 286.30 Mn | 30.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 63.17% |
| Dec 31, 2025 | 63.15% |
| Sep 26, 2025 | 63.21% |
| Jun 27, 2025 | 63.51% |
| Mar 28, 2025 | 64.19% |
| Dec 31, 2024 | 64.83% |
| Sep 27, 2024 | 63.91% |
| Jun 28, 2024 | 64.07% |
| Mar 29, 2024 | 63.86% |
| Dec 31, 2023 | 29.86% |
| Sep 29, 2023 | 59.75% |
| Jun 30, 2023 | 59.32% |
| Mar 31, 2023 | 58.07% |
| Dec 31, 2022 | 58.34% |
| Sep 30, 2022 | 58.06% |
| Jul 1, 2022 | 56.96% |
| Apr 1, 2022 | 57.54% |
| Dec 31, 2021 | 57.75% |
| Oct 1, 2021 | 57.32% |
| Jul 2, 2021 | 57.25% |