Last Price$79.0(0.7%)
Market Cap$27.6B
LTM Gross margin
59.9%
5Y avg
55.5%
Hardware, Equipment & Parts industry
median
33.3%
Stock quality & Intrinsic value
6/10
0.0% undervalued
Fortive Corporation Gross margin
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 47.8% | 48.0% | 48.1% | 48.5% | 48.7% | 49.6% | 51.5% | 50.3% | 56.3% | 57.2% | 57.7% | 59.3% |
Overvalued or undervalued?
Check the intrinsic value for FTV
and see if it's the right time to invest.
Fortive Corporation (FTV) Gross margin comparison analysis
General
LTM Gross margin
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Fortive CorporationFTV
59.9%
4.1%
16.0%
14.3%
Median Peer Set
34.2%
(0.3%)
3.2%
10.3%
Keysight Technologies, Inc.KEYS
62.2%
(8.9%)
(40.6%)
12.3%
Trimble Inc.TRMB
61.6%
3.3%
(30.4%)
8.2%
Garmin Ltd.GRMN
58.7%
20.4%
9.1%
22.4%
Teledyne Technologies IncorporatedTDY
42.1%
0.6%
(6.8%)
14.4%
TE Connectivity Ltd.TEL
34.7%
(1.2%)
71.6%
20.2%
Amphenol CorporationAPH
33.8%
21.3%
24.1%
15.9%
Coherent, Inc.COHR
33.3%
(8.8%)
(2.6%)
(5.9%)
Corning IncorporatedGLW
32.3%
4.2%
(15.9%)
3.9%
Jabil Inc.JBL
9.1%
(16.8%)
84.4%
4.8%
Flex Ltd.FLEX
8.3%
(13.0%)
32.0%
3.8%
FTV key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 5,785.3 0.0% | 5,961.9 3.1% | 6,337.2 6.3% | 6,178.8 (2.5%) | 6,224.3 0.7% | 6,656.0 6.9% | 6,452.7 (3.1%) | 7,320.0 13.4% | 4,634.4 (36.7%) | 5,254.7 13.4% | 5,825.7 10.9% | 6,065.3 4.1% |
| Cost of Goods Sold (COGS) | 3,022.3 | 3,097.9 | 3,288.0 | 3,183.5 | 3,191.5 | 3,357.5 | 3,131.4 | 3,639.7 | 2,025.9 | 2,247.6 | 2,462.3 | 2,471.2 |
% margin | 2,763.0 47.8% | 2,864.0 48.0% | 3,049.2 48.1% | 2,995.3 48.5% | 3,032.8 48.7% | 3,298.5 49.6% | 3,321.3 51.5% | 3,680.3 50.3% | 2,608.5 56.3% | 3,007.1 57.2% | 3,363.4 57.7% | 3,594.1 59.3% |
| Operating Expenses | 1,635.2 | 1,720.8 | 1,803.9 | 1,725.6 | 1,786.8 | 1,943.6 | 2,142.9 | 2,676.2 | 2,069.1 | 2,194.3 | 2,358.1 | 2,460.4 |
| Research & Development Expenses (R&D) | 352.7 | 378.3 | 387.6 | 377.7 | 384.8 | 406.0 | 414.3 | 456.7 | 320.7 | 354.8 | 401.5 | 397.8 |
| Selling, General & Administrative Expenses (SG&A) | 1,282.5 | 1,342.5 | 1,416.3 | 1,347.9 | 1,402.0 | 1,537.6 | 1,728.6 | 2,219.5 | 1,748.4 | 1,839.5 | 1,956.6 | 2,062.6 |
% margin | 1,127.8 19.5% | 1,143.2 19.2% | 1,245.3 19.7% | 1,269.7 20.5% | 1,246.0 20.0% | 1,354.9 20.4% | 1,178.4 18.3% | 1,004.1 13.7% | 539.4 11.6% | 812.8 15.5% | 987.4 16.9% | 1,133.7 18.7% |
| Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 2.6 | 0.0 | 0.0 | 142.6 | 148.5 | 103.2 | 98.3 | 0.0 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 0.0 | 49.0 | 86.0 | 97.0 | 142.6 | 148.5 | 103.2 | 98.3 | 123.5 |
| Pre-tax Income | 1,127.8 | 1,143.2 | 1,279.2 | 1,269.7 | 1,197.0 | 1,284.2 | 1,078.4 | 874.5 | 1,507.7 | 677.5 | 873.5 | 990.8 |
% effective tax rate | 364.1 32.3% | 312.3 27.3% | 395.8 30.9% | 405.9 32.0% | 324.7 27.1% | 239.7 18.7% | 160.1 14.8% | 149.1 17.0% | 55.5 3.7% | 63.3 9.3% | 118.3 13.5% | 125.0 12.6% |
% margin | 763.7 13.2% | 830.9 13.9% | 883.4 13.9% | 863.8 14.0% | 872.3 14.0% | 1,044.5 15.7% | 2,913.8 45.2% | 738.9 10.1% | 1,613.3 34.8% | 608.4 11.6% | 755.2 13.0% | 865.8 14.3% |
| EPS | 2.21 | 2.41 | 2.56 | 2.50 | 2.52 | 3.01 | 8.43 | 2.20 | 4.58 | 1.64 | 2.12 | 2.46 |
| Diluted EPS | 2.21 | 2.41 | 2.56 | 2.50 | 2.51 | 2.96 | 8.31 | 2.17 | 4.30 | 1.63 | 2.09 | 2.43 |
% margin | 1,272.8 22.0% | 1,302.9 21.9% | 1,389.4 21.9% | 1,446.6 23.4% | 1,422.4 22.9% | 1,301.3 19.6% | 1,436.2 22.3% | 936.1 12.8% | 947.8 20.5% | 1,206.1 23.0% | 1,471.3 25.3% | 1,571.1 25.9% |
Discover more Stock Ideas
Undervalued stocks right now
Discover the top 20 best undervalued stocks to buy for Mar 2025, listed on the Nasdaq or NYSE.
3M Return 32.1%
S&P Outperformance 19.1%
Next 3M Predicted Return 20.3%
Undervalued growth stocks
Discover the top 20 best undervalued large-cap growth stocks to buy for Mar 2025, listed on the Nasdaq or NYSE.
3M Return 35.3%
S&P Outperformance 22.3%
Next 3M Predicted Return 26.8%
Undervalued dividend stocks
Discover the top 20 best undervalued high-yield dividend stock that offers both growth potential and attractive dividend returns for Mar 2025.
3M Return 28.4%
S&P Outperformance 15.4%
Next 3M Predicted Return 16.9%
FAQ
1) What is Fortive Corporation's Gross margin?
As of today, Microsoft Corp's last 12-month Gross margin is 59.9%, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Gross margin for Fortive Corporation have been 57.0% over the past three years, and 58.2% over the past five years.
2) Is Fortive Corporation's Gross margin Good?
As of today, Fortive Corporation's Gross margin is 59.9%, which is higher than industry median of 33.3%. It indicates that Fortive Corporation's Gross margin is Good.