Fortive Corporation

FTVNYSEIndustrials● Active

$61.28

$-0.19(-0.31%)

Market Cap$18.7B

P/E Ratio—

52W High$62.805

52W Low$46.34

Avg Volume3.2M

Open$61.63

Beta0.99

Overview

Fortive Corporation (FTV) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

FTV · free cash flow · updated Jun 8, 2026

Core FCF metrics

FTV · FCF · TTM · margin & CAGR

Free cash flow was $978.1M for FY2025 (fiscal year ending 2025-12-31), down 30.5% year-over-year The FCF margin was 19.0%. Five-year CAGR stands at -6.4%.

FY2025 Free Cash Flow$978.1M▼ -30.5% YoY

Trailing 12M (TTM)$971.3Mtrailing 4 quarters sum

FCF Margin19.0%$978.1M ÷ revenue

3-Year CAGR-6.8%FY2022 → FY2025

5-Year CAGR-6.4%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

FTV · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.08B(105M)$978.1M▼ 30.5%19.0%

FY2024$1.53B(120M)$1.41B▲ +12.9%22.6%

FY2023$1.35B(108M)$1.25B▲ +3.2%20.5%

FY2022$1.30B(96M)$1.21B▲ +32.5%20.7%

FY2021$961.1M(50M)$911.1M▼ 33.1%17.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

FTV · P/FCF · FCF yield · FCF per share

Fortive Corporation (FTV) trades at a FCF yield of 5.20% and a price-to-free-cash-flow ratio of 20.0x. FCF per share stands at $3.07, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.20%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.07

TTM FCF ÷ Shares Outstanding

Price / FCF

x20.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x22.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

FTV · cash flow statement · operating / investing / financing

For FY2025, Fortive Corporation generated $1.08B in operating cash flow and spent 105M in capital expenditures, yielding $978.1M in free cash flow.

Operating Activities

+$1.08B

Cash from core business operations

2025-12-31

Investing Activities

−$135.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.39B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.08B) − |CapEx| (105M) = FCF ($978.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

FTV vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Fortive CorporationYOU

FTV

$978.1M-30.5%19.0%

10%

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Fortive Corporation (FTV) reported free cash flow of $978.1M for FY2025 (fiscal year ending 2025-12-31), down 30.5% year-over-year. The FCF margin was 19.0%.

Based on available data, Fortive Corporation has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $1.41B in FY2024. The 5-year CAGR stands at -6.4%.

Fortive Corporation's FCF yield is 5.20% and price-to-FCF ratio is 20.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

FTV free cash flow · 8 questions

Fortive Corporation free cash flow was $978.1M for FY2025, down 30.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $971.3M.

FTV free cash flowFTV FCFFTV FCF 2025FTV free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Fortive Corporation · Fortive Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026