Fortive (FTV) Tax Rate (2015 - 2026)
Fortive (FTV) posted quarterly Tax Rate of 12.37% for Q3 2026, down 769.0% year-over-year from 1.85% in Q3 2025, and down 25.61% quarter-over-quarter from 16.63% in Q2 2026.
Fortive (FTV) Tax Rate (2015 - 2026) Analysis & Trends
Fortive's Tax Rate history runs 12 years deep, the most recent figure standing at 12.37% for Q3 2026.
- In Q3 2026, Tax Rate fell 769.0% year-over-year to 12.37%; the TTM figure through Jul 2026 stood at 10.39% (up 440.0% YoY), while the FY2025 annual figure was 11.54%, up 684.0% from the prior year.
- Tax Rate for Q3 2026 stood at 12.37%, down from 16.63% in the prior quarter.
- The five-year high for Tax Rate was 31.41% in Q4 2023, with the low at 7.21% in Q4 2024.
- The 5-year median for Tax Rate is 14.08% (2022), against an average of 12.75%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 1981 bps in 2023, then sank 3862 bps in 2024.
- Fortive's Tax Rate stood at 11.6% in 2022, then soared by 171 bps to 31.41% in 2023, then sank by 123 bps to 7.21% in 2024, then soared by 117 bps to 1.24% in 2025, then soared by 899 bps to 12.37% in 2026.
- Business Quant data shows FTV's Tax Rate at 12.37% in Q3 2026, 16.63% in Q2 2026, and 1.24% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 16.76% |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 16.51% |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 15.19% |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 21.66% |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 17.84% |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 12.37% |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | -6.05% |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 18.53% |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 20.07% |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 22.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 12.37% |
| Jul 3, 2026 | 12.37% |
| Jul 3, 2026 | 12.37% |
| Apr 3, 2026 | 16.63% |
| Apr 3, 2026 | 16.63% |
| Apr 3, 2026 | 16.63% |
| Dec 31, 2025 | 1.24% |
| Dec 31, 2025 | 1.24% |
| Dec 31, 2025 | 1.24% |
| Sep 26, 2025 | 13.33% |
| Sep 26, 2025 | 13.33% |
| Sep 26, 2025 | 13.33% |
| Jun 27, 2025 | 20.06% |
| Jun 27, 2025 | 20.06% |
| Jun 27, 2025 | 20.06% |
| Mar 28, 2025 | 15.78% |
| Mar 28, 2025 | 15.78% |
| Mar 28, 2025 | 15.78% |
| Dec 31, 2024 | -7.21% |
| Dec 31, 2024 | -7.21% |