Fortive (FTV) Operating Margin (2015 - 2026)
Fortive (FTV) posted Operating Margin of 19.14% for Q2 2026, up 2.43 percentage points from 16.71% a year earlier and up 1.21 percentage points from the prior quarter.
Fortive (FTV) Operating Margin (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jul 3, 2026, Operating Margin at Fortive was 18.23%, up 0.62 percentage points year-over-year; for FY2025, it was 17.32%, down 0.24 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +5.68 percentage points (FY2020 to FY2025).
- In prior years, Fortive's Operating Margin was 17.55% in FY2024 (+2.89 pp), 14.67% in FY2023 (-2.28 pp), 16.95% in FY2022 (+1.48 pp) and 15.47% in FY2021 (+3.83 pp).
- Quarterly Operating Margin has run from a low of 14.66% in Q4 2021 to a high of 20.09% in Q4 2025 over five years.
- On a year-over-year basis, Operating Margin has increased in each of the last three quarters, with an average year-over-year change of +0.05 percentage points over the last seven quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2022, with a gain of 4.35 percentage points; the weakest was Q3 2024, with a drop of 2.34 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 17.93% (Q1 2026), 20.09% (Q4 2025) and 15.54% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 20.91% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 29.51% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 16.32% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 23.86% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.48% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 26.92% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 15.14% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 26.67% |
| 10 | Fortive | 16.59 Bn | 15.06 Bn | 695.30 Mn | 19.14% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 19.14% |
| 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% |
| 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% |
Fortive Operating 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=operating-margin&ticker=FTV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=FTV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();