Fortive (FTV) Interest Coverage Ratio (2016 - 2026)
Fortive's Interest Coverage Ratio was 5.93 in Q2 2026, up 12.1% from 5.29 a year earlier but down 2.3% from the prior quarter.
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Analysis
Fortive (FTV) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Fortive's Interest Coverage Ratio was 4.18 through Jul 3, 2026, down 96.5% year-over-year; for FY2025, it was 5.98, up 27.5% from FY2024.
- In earlier years, Interest Coverage Ratio was 4.69 in FY2024 (+0.9%), 4.65 in FY2023 (-53.7%), 10.04 in FY2022 (+27.5%) and 7.88 in FY2021 (+116.8%).
- Quarterly Interest Coverage Ratio has moved between -8.73 (Q4 2023) and 11.29 (Q1 2022) over five years.
- Compared with a year earlier, Interest Coverage Ratio was higher in five of the last seven quarters, with an average decline of 1.0%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q3 2021 (growth of 116.3%); the worst was Q4 2025 (a decline of 83.3%).
- Per Business Quant data, FTV's Interest Coverage Ratio in the three quarters before Q2 2026 was 6.07 (Q1 2026), 1.07 (Q4 2025) and 6.28 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 14.52 |
| 10 | Fortive | 16.59 Bn | 15.06 Bn | 695.30 Mn | 5.93 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 5.93 |
| Apr 3, 2026 | 6.07 |
| Dec 31, 2025 | 1.07 |
| Sep 26, 2025 | 6.28 |
| Jun 27, 2025 | 5.29 |
| Mar 28, 2025 | 5.17 |
| Dec 31, 2024 | 6.43 |
| Sep 27, 2024 | 4.64 |
| Jun 28, 2024 | 4.71 |
| Mar 29, 2024 | 3.40 |
| Dec 31, 2023 | -8.73 |
| Sep 29, 2023 | 9.77 |
| Jun 30, 2023 | 8.80 |
| Mar 31, 2023 | 7.49 |
| Dec 31, 2022 | 1.77 |
| Sep 30, 2022 | 9.54 |
| Jul 1, 2022 | 11.06 |
| Apr 1, 2022 | 11.29 |
| Dec 31, 2021 | 8.00 |
| Oct 1, 2021 | 8.06 |
API Access
Fortive Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FTV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "FTV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FTV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();