Fortive FTV
NYSE FTV
$55.82 -0.69 (-1.22%)
As of: Sep 9, 2026 · 3:59 PM EDT

Fortive (FTV) Tax Rate (2015 - 2026)

Fortive (FTV) posted Tax Rate of 12.37% for Q3 2026, down 25.61% on a QoQ basis from 16.63% in Q2 2026, and down 769.0% year-over-year from 1.85% in Q3 2025.

Analysis

Fortive (FTV) Tax Rate (2015 - 2026) Analysis & Trends

Fortive has reported Tax Rate for 12 years, with the latest figure at 12.37% in Q3 2026.

  • On a quarterly basis, Tax Rate fell 769.0% year-over-year to 12.37% in Q3 2026; TTM through Jul 2026 was 10.39%, a 440.0% increase from a year earlier, with the FY2025 full-year figure at 11.54%, up 684.0% from the prior year.
  • Tax Rate was 12.37% for Q3 2026 at Fortive, 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.
  • Average Tax Rate over 5 years is 12.75%, with a median of 14.08% recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate soared 1981 bps in 2023, then sank 3862 bps in 2024.
  • Over 5 years, Tax Rate stood at 11.6% in 2022, then surged by 171 bps to 31.41% in 2023, then sank by 123 bps to 7.21% in 2024, then surged by 117 bps to 1.24% in 2025, then surged by 899 bps to 12.37% in 2026.
  • The last three Tax Rate figures came in at 12.37% (Q3 2026), 16.63% (Q2 2026), and 1.24% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 3M 85.28 Bn 81.95 Bn 2.68 Bn 16.34%
2 Illinois Tool Works 75.67 Bn 74.83 Bn 1.90 Bn 24.54%
3 Ametek 54.19 Bn 53.69 Bn 735.04 Mn 17.36%
4 Rockwell Automation 47.43 Bn 46.95 Bn 1.14 Bn 13.19%
5 Mettler Toledo International 26.01 Bn 25.96 Bn 650.22 Mn 19.52%
6 Dover 25.81 Bn 24.05 Bn 880.61 Mn 19.38%
7 Nordson 17.47 Bn 17.36 Bn 453.73 Mn 17.80%
8 Fortive 17.01 Bn 16.64 Bn 695.30 Mn 12.37%
9 RBC Bearings 15.36 Bn 15.24 Bn 247.80 Mn 22.04%
10 Regal Rexnord 10.69 Bn 10.25 Bn 611.60 Mn 18.72%
Historic Data

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 -7.21%
Sep 27, 2024 -2.20%
Jun 28, 2024 14.69%
Mar 29, 2024 11.37%
Dec 31, 2023 31.41%
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%