Fortive (FTV) Tax Rate (2015 - 2026)
Fortive (FTV) reported Tax Rate of 12.37% for Q2 2026, down 7.69 percentage points from 20.06% a year earlier and down 4.26 percentage points from the prior quarter.
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Analysis
Fortive (FTV) Tax Rate (2015 - 2026) Analysis & Trends
Over the twelve months ended Jul 3, 2026, Fortive's Tax Rate came in at 10.39%, up 4.40 percentage points year-over-year; for FY2025, it came in at 11.54%, up 6.84 percentage points from FY2024.
- Tax Rate has a five-year change of +7.86 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 4.70% in FY2024 (-1.00 pp), 5.70% in FY2023 (-7.84 pp), 13.54% in FY2022 (+4.20 pp) and 9.34% in FY2021 (+5.66 pp).
- Five-year quarterly Tax Rate spans a low of -7.21% in Q4 2024 and a high of 31.41% in Q4 2023.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of -3.64 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2023 (a gain of 19.81 percentage points); the low point was Q4 2024 (a drop of 38.62 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 16.63% (Q1 2026), 1.24% (Q4 2025) and 13.33% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Fortive | 16.59 Bn | 15.06 Bn | 695.30 Mn | 12.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 12.37% |
| Apr 3, 2026 | 16.63% |
| Dec 31, 2025 | 1.24% |
| Sep 26, 2025 | 13.33% |
| Jun 27, 2025 | 20.06% |
| Mar 28, 2025 | 15.78% |
| Jun 28, 2024 | 14.69% |
| Mar 29, 2024 | 11.37% |
| Sep 29, 2023 | 15.21% |
| Jun 30, 2023 | 16.53% |
| Mar 31, 2023 | 15.65% |
| Dec 31, 2022 | 11.60% |
| Sep 30, 2022 | 12.69% |
| Jul 1, 2022 | 16.91% |
| Apr 1, 2022 | 13.47% |
| Dec 31, 2021 | 4.44% |
| Oct 1, 2021 | 13.10% |
| Jul 2, 2021 | 12.29% |
| Apr 2, 2021 | 5.90% |
| Dec 31, 2020 | 0.99% |
API Access
Fortive Tax Rate 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=tax-rate&ticker=FTV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FTV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();