Fortive (FTV) Tax Rate (2015 - 2026)

Fortive (FTV) recorded quarterly Tax Rate of 16.63% in Q2 2026, up 1243.24% quarter-over-quarter from 1.24% in Q4 2025, and up 84.0% on a YoY basis from 9.04% in Q2 2025.

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

Fortive's Tax Rate history runs 12 years deep, the most recent figure standing at 16.63% for Q2 2026.

  • In Q2 2026, Tax Rate rose 84.0% year-over-year to 16.63%; the TTM figure through Apr 2026 stood at 10.66% (up 463.0% YoY), while the FY2025 annual figure was 11.54%, up 684.0% from the prior year.
  • Tax Rate was 16.63% for Q2 2026 at Fortive, up from 1.24% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 31.41% in Q4 2023 to a low of 7.21% in Q4 2024.
  • Historically, Tax Rate has averaged 12.37% across 5 years, with a median of 13.47% in 2022.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate surged 1981 bps in 2023, then slumped 3862 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 11.6% in 2022, then jumped by 171 bps to 31.41% in 2023, then slumped by 123 bps to 7.21% in 2024, then jumped by 117 bps to 1.24% in 2025, then jumped by 1243 bps to 16.63% in 2026.
  • The last three Tax Rate figures came in at 16.63% (Q2 2026), 1.24% (Q4 2025), and 13.33% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 1.45%
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn -41.92%
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 14.27%
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 18.62%
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 17.65%
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 16.63%
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 24.68%
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 16.28%
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 23.50%
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 Mn 24.59%

Historic Data

Download Data
DateValue
Apr 3, 2026 16.63%
Apr 3, 2026 16.63%
Dec 31, 2025 1.24%
Dec 31, 2025 1.24%
Sep 26, 2025 13.33%
Sep 26, 2025 13.33%
Jun 27, 2025 13.23%
Jun 27, 2025 13.23%
Mar 28, 2025 15.78%
Mar 28, 2025 15.78%
Dec 31, 2024 -7.21%
Dec 31, 2024 -7.21%
Sep 27, 2024 -2.20%
Sep 27, 2024 -2.20%
Jun 28, 2024 14.69%
Jun 28, 2024 14.69%
Mar 29, 2024 11.37%
Mar 29, 2024 11.37%
Dec 31, 2023 31.41%
Dec 31, 2023 31.41%