Fortive (FTV) Net Margin (2015 - 2026)
Fortive (FTV) recorded Net Margin of 14.34% in Q2 2026, down 2.05 percentage points from 16.39% a year earlier but up 1.59 percentage points from the prior quarter.
Fortive (FTV) Net Margin (2015 - 2026) Analysis & Trends
On a TTM basis, Fortive's Net Margin came in at 12.38% as of Jul 3, 2026, down 6.44 percentage points year-over-year; for FY2025, it came in at 13.93%, down 6.48 percentage points from FY2024.
- Annual Net Margin has a five-year change of -19.40 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 20.41% in FY2024 (-1.71 pp), 22.12% in FY2023 (+9.16 pp), 12.96% in FY2022 (+2.04 pp) and 10.92% in FY2021 (-22.40 pp).
- Quarterly Net Margin has ranged from 5.35% in Q3 2025 to 22.08% in Q3 2024 over the past five years.
- On a year-over-year basis, Net Margin has declined for six consecutive quarters, with an average year-over-year change of -3.61 percentage points over the last seven quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 9.19 percentage points in Q1 2024, against a drop of 78.45 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 12.75% (Q1 2026), 16.54% (Q4 2025) and 5.35% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 18.95% |
| 10 | Fortive | 16.59 Bn | 15.06 Bn | 695.30 Mn | 14.34% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 14.34% |
| Apr 3, 2026 | 12.75% |
| Dec 31, 2025 | 16.54% |
| Sep 26, 2025 | 5.35% |
| Jun 27, 2025 | 16.39% |
| Mar 28, 2025 | 17.31% |
| Dec 31, 2024 | 19.46% |
| Sep 27, 2024 | 22.08% |
| Jun 28, 2024 | 19.12% |
| Mar 29, 2024 | 21.07% |
| Sep 29, 2023 | 14.59% |
| Jun 30, 2023 | 13.69% |
| Mar 31, 2023 | 11.88% |
| Dec 31, 2022 | 14.85% |
| Sep 30, 2022 | 13.04% |
| Jul 1, 2022 | 11.82% |
| Apr 1, 2022 | 11.99% |
| Dec 31, 2021 | 12.00% |
| Oct 1, 2021 | 11.71% |
| Jul 2, 2021 | 12.40% |
Fortive Net Margin 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=net-margin&ticker=FTV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=FTV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();