Fortive (FTV) Operating Margin (2015 - 2026)

Fortive (FTV) recorded quarterly Operating Margin of 17.93% in Q2 2026, down 10.77% quarter-over-quarter from 20.09% in Q4 2025, and up 128.0% on a YoY basis from 7.86% in Q2 2025.

Fortive (FTV) Operating Margin (2015 - 2026) Analysis & Trends

Fortive's Operating Margin history runs 12 years deep, the most recent figure standing at 17.93% for Q2 2026.

  • In Q2 2026, Operating Margin rose 128.0% year-over-year to 17.93%; the TTM figure through Apr 2026 stood at 17.63% (down 27.0% YoY), while the FY2025 annual figure was 17.32%, down 24.0% from the prior year.
  • Operating Margin was 17.93% for Q2 2026 at Fortive, down from 20.09% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 43.83% in Q4 2023 to a low of 15.22% in Q1 2024.
  • Historically, Operating Margin has averaged 19.02% across 5 years, with a median of 17.3% in 2022.
  • The sharpest annual moves came in 2023 and 2024: Operating Margin surged 2481 bps in 2023, then plunged 2405 bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 19.01% in 2022, then surged by 130 bps to 43.83% in 2023, then slumped by 55 bps to 19.78% in 2024, then grew by 2 bps to 20.09% in 2025, then fell by 11 bps to 17.93% in 2026.
  • The last three Operating Margin figures came in at 17.93% (Q2 2026), 20.09% (Q4 2025), and 15.54% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn -52.13%
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 15.50%
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 24.62%
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 18.86%
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 13.82%
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 17.93%
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 15.32%
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 22.30%
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 7.27%
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 Mn 15.15%

Historic Data

Download Data
DateValue
Apr 3, 2026 17.93%
Dec 31, 2025 20.09%
Sep 26, 2025 15.54%
Jun 27, 2025 16.71%
Mar 28, 2025 16.64%
Dec 31, 2024 19.78%
Sep 27, 2024 17.14%
Jun 28, 2024 17.87%
Mar 29, 2024 15.22%
Dec 31, 2023 43.83%
Sep 29, 2023 19.48%
Jun 30, 2023 19.08%
Mar 31, 2023 16.46%
Dec 31, 2022 19.01%
Sep 30, 2022 17.30%
Jul 1, 2022 15.88%
Apr 1, 2022 15.42%
Dec 31, 2021 14.66%
Oct 1, 2021 15.55%
Jul 2, 2021 16.01%