Fortive (FTV) Gross Margin (2015 - 2026)
Fortive (FTV) posted quarterly Gross Margin of 63.39% for Q3 2026, down 11.0% year-over-year from 71.23% in Q3 2025, and little changed quarter-over-quarter from 63.17% in Q2 2026.
Fortive (FTV) Gross Margin (2015 - 2026) Analysis & Trends
Fortive's Gross Margin history runs 12 years deep, the most recent figure standing at 63.39% for Q3 2026.
- In Q3 2026, Gross Margin fell 11.0% year-over-year to 63.39%; the TTM figure through Jul 2026 stood at 63.23% (down 89.0% YoY), while the FY2025 annual figure was 63.5%, down 68.0% from the prior year.
- Gross Margin for Q3 2026 stood at 63.39%, 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.
- The 5-year median for Gross Margin is 63.16% (2025), against an average of 59.73%.
- The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 2848 bps in 2023, then soared 3497 bps in 2024.
- Fortive's Gross Margin stood at 58.34% in 2022, then tumbled by 49 bps to 29.86% in 2023, then jumped by 117 bps to 64.83% in 2024, then dropped by 3 bps to 63.15% in 2025, then rose by 0 bps to 63.39% in 2026.
- Business Quant data shows FTV's Gross Margin at 63.39% in Q3 2026, 63.17% in Q2 2026, and 63.15% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 62.41% |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 68.61% |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 38.48% |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 44.40% |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 47.68% |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 63.39% |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 69.43% |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 70.65% |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 41.74% |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 30.47% |
Historic Data
Download 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% |