Fortive (FTV) Tax Rate (2015 - 2026)

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

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

Fortive (FTV) has reported Tax Rate for 12 consecutive years, with 16.63% the latest figure, recorded in 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 came in at 16.63% for Q2 2026 at Fortive, up from 1.24% 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 12.37%, with a median of 13.47% recorded in 2022.
  • Across the five-year window, Tax Rate surged 1981 bps in 2023 and tumbled 3862 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 11.6% in 2022, then jumped by 171 bps to 31.41% in 2023, then tumbled 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.
  • According to Business Quant data, Tax Rate over the past three periods registered 16.63%, 1.24%, and 13.33% for Q2 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.45%
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 19.94%
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn -41.92%
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 18.62%
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 16.63%
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 24.68%
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 16.28%
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 24.59%
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 14.27%
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 24.77%

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%