Fortive (FTV) Gross Margin (2015 - 2026)
Fortive (FTV) posted Gross Margin of 63.39% for Q3 2026, little changed on a QoQ basis from 63.17% in Q2 2026, and down 11.0% year-over-year from 71.23% in Q3 2025.
Analysis
Fortive (FTV) Gross Margin (2015 - 2026) Analysis & Trends
Fortive has reported Gross Margin for 12 years, with the latest figure at 63.39% in Q3 2026.
- On a quarterly basis, Gross Margin fell 11.0% year-over-year to 63.39% in Q3 2026; TTM through Jul 2026 was 63.23%, a 89.0% decrease from a year earlier, with the FY2025 full-year figure at 63.5%, down 68.0% from the prior year.
- Gross Margin was 63.39% for Q3 2026 at Fortive, roughly flat from 63.17% in the prior quarter.
- The five-year high for Gross Margin was 64.83% in Q4 2024, with the low at 29.86% in Q4 2023.
- Average Gross Margin over 5 years is 59.73%, with a median of 63.16% recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 2848 bps in 2023, then surged 3497 bps in 2024.
- Over 5 years, Gross Margin stood at 58.34% in 2022, then tumbled by 49 bps to 29.86% in 2023, then soared by 117 bps to 64.83% in 2024, then fell by 3 bps to 63.15% in 2025, then advanced by 0 bps to 63.39% in 2026.
- The last three Gross Margin figures came in at 63.39% (Q3 2026), 63.17% (Q2 2026), and 63.15% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 86.90 Bn | 83.63 Bn | 2.68 Bn | 41.28% |
| 2 | Illinois Tool Works | 76.92 Bn | 76.08 Bn | 1.90 Bn | 44.13% |
| 3 | Ametek | 54.50 Bn | 54.00 Bn | 735.04 Mn | 35.95% |
| 4 | Rockwell Automation | 48.18 Bn | 47.71 Bn | 1.14 Bn | 49.46% |
| 5 | Mettler Toledo International | 29.15 Bn | 29.09 Bn | 650.22 Mn | 63.29% |
| 6 | Dover | 25.97 Bn | 24.22 Bn | 880.61 Mn | 40.21% |
| 7 | Symbotic | 25.93 Bn | 24.61 Bn | 160.91 Mn | 22.32% |
| 8 | Nordson | 17.73 Bn | 17.62 Bn | 453.73 Mn | 55.49% |
| 9 | Fortive | 17.23 Bn | 16.86 Bn | 695.30 Mn | 63.39% |
| 10 | RBC Bearings | 16.01 Bn | 15.88 Bn | 247.80 Mn | 47.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 63.39% |
| 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% |