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| Date | Value |
|---|---|
| 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% |