Fortive (FTV) Operating Margin (2015 - 2026)

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

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

Fortive (FTV) has reported Operating Margin for 12 consecutive years, with 17.93% the latest figure, recorded in 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 came in at 17.93% for Q2 2026 at Fortive, down from 20.09% in the prior quarter.
  • The five-year high for Operating Margin was 43.83% in Q4 2023, with the low at 15.22% in Q1 2024.
  • Average Operating Margin over 5 years is 19.02%, with a median of 17.3% recorded in 2022.
  • Across the five-year window, Operating Margin surged 2481 bps in 2023 and sank 2405 bps in 2024, its largest moves.
  • Year by year, Operating Margin stood at 19.01% in 2022, then surged by 130 bps to 43.83% in 2023, then tumbled by 55 bps to 19.78% in 2024, then gained by 2 bps to 20.09% in 2025, then slipped by 11 bps to 17.93% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 17.93%, 20.09%, and 15.54% for Q2 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn -52.13%
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 10.69%
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 15.50%
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 18.86%
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 17.93%
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 15.32%
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 22.30%
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 15.15%
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 24.62%
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 17.39%

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%