Fortive (FTV) Return on Invested Capital [ROIC] (2016 - 2026)
Fortive (FTV) reported Return on Invested Capital [ROIC] of 8.06% for Q3 2026, up 2.93 percentage points from 5.13% a year earlier and up 0.70 percentage points from the prior quarter.
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Analysis
Fortive (FTV) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025, Fortive posted Return on Invested Capital [ROIC] of 5.41%, up 0.51 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +1.55 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 4.90% in FY2024 (+0.88 pp), 4.02% in FY2023 (-2.44 pp), 6.46% in FY2022 (+0.94 pp) and 5.52% in FY2021 (+1.67 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q4 2018.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last eight quarters, with an average year-over-year change of +2.15 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q3 2025 (a gain of 3.35 percentage points); the low point was Q3 2024 (a drop of 5.60 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 7.36% (Q2 2026), 6.83% (Q1 2026) and 6.54% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 16.80% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 18.53% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 5.47% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 10.72% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 13.34% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 22.04% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 11.23% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 27.11% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 26.27% |
| 10 | Fortive | 20.19 Bn | 18.72 Bn | 710.60 Mn | 8.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 2, 2026 | 8.06% |
| Jul 3, 2026 | 7.36% |
| Apr 3, 2026 | 6.83% |
| Dec 31, 2025 | 6.54% |
| Sep 26, 2025 | 5.13% |
| Jun 27, 2025 | 4.61% |
| Mar 28, 2025 | 4.91% |
| Dec 31, 2024 | 4.76% |
| Sep 27, 2024 | 1.78% |
| Jun 28, 2024 | 2.54% |
| Mar 29, 2024 | 3.26% |
| Dec 31, 2023 | 4.04% |
| Sep 29, 2023 | 7.38% |
| Jun 30, 2023 | 7.12% |
| Mar 31, 2023 | 6.74% |
| Dec 31, 2022 | 6.59% |
| Sep 30, 2022 | 6.05% |
| Jul 1, 2022 | 5.63% |
| Apr 1, 2022 | 5.50% |
| Dec 31, 2021 | 5.76% |
API Access
Fortive Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=FTV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=FTV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();