FTV
FortiveNYSEIndustrialsScientific & Technical InstrumentsSnapshot 2026-05-08
As of May 8, 2026, FTV has a composite score of 10.0, with a signal label of "mild favorable." This score is driven by a high confidence level of 84.4 and guidance credibility of 87.5, despite a moderate risk label of 29.3. Key drivers include macroeconomic factors such as growth, labor, rates, and inflation.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share1.00
- Slope (norm)-0.49
- Bonus0.00
Why this rank
Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3
Why this rank
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $0.69 → $0.70 (+1.8% / 30d). 7 raised, 1 cut, 14 covering analysts.
0 upgrades, 0 downgrades / 30d, 5 maintained. 18% of analysts rate Buy.
2 PT revisions / 30d. Avg target -3.4% above current price.
0 positive, 0 negative / 30d.
Transition story with positive analyst positioning — often a turnaround setup.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
7 material events in the last 24 months — top 5 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Maintain EPS guidance of $2.90 to $3.00 for 2026growthbehind0% progress
4/30: “We are reaffirming our full-year 2026 adjusted EPS guidance range of $2.90 to $3.00.”
Why this status
Stated in 2 of last 2 quarters. Fortive has maintained its full-year 2026 adjusted EPS guidance range of $2.90 to $3.00. The financials show a net income of $403.9M in 2025-Q4, indicating a stable earnings trajectory. The reaffirmation of guidance suggests confidence in achieving these targets, though actual EPS delivery will need to be monitored.
- 2.Focus on operating income stabilitycostmixed65% progress
2/25: “Operating income was $32.3M in 2025-Q4, reflecting stability.”
Why this status
Stated in 3 of last 3 quarters. Operating income was $32.3M in 2025-Q4, down from $159.6M in 2025-Q3 and $222.2M in 2025-Q2, indicating a decline. Despite management's focus on stability, the trajectory shows limited progress in maintaining higher levels of operating income.
- 3.Enhance cash from operationscapital allocationmixed35% progress
2/25: “Cash from operations was -$100M in 2025-Q4, indicating a need for improvement.”
Why this status
Stated in 3 of last 3 quarters. Cash from operations was -$100M in 2025-Q4, a significant decline from $717.3M in 2025-Q3 and $552.9M in 2025-Q2. Despite management's focus on enhancing cash flow, the trajectory shows a need for improvement to support growth initiatives.
Guidance track record
Last 8 quarters of EPS guidance with actuals.
Per-quarter detail
| Period | Guidance | Actual | Result |
|---|---|---|---|
| 2023-06-30 | $0.52 – $0.56 | $0.85 | beat |
| 2023-09-30 | $0.59 – $0.62 | $0.85 | beat |
| 2023-12-31 | $0.61 – $0.64 | $0.98 | beat |
| 2024-06-30 | $0.57 – $0.60 | $0.93 | beat |
| 2024-09-30 | $0.63 – $0.66 | $0.97 | beat |
| 2024-12-31 | $0.72 – $0.75 | $0.60 | miss |
| 2025-03-31 | $0.39 – $0.42 | $0.85 | beat |
| 2025-06-30 | — | $0.33 | unclassifiable |
Beat / inside / miss is computed from the guided range when issued; for point-estimate quarters a ±5% tolerance band around the mid is used. surprise_pct_vs_mid is unstable when guided EPS is near zero, so it is not surfaced as a headline.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 25%; 252d 26%.
Drawdown — Max 1y −16%. Bad day move −3%.
Beta to sector ETF (XLI) — 0.73 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 57/100, drawdown 68/100, beta 73/100, earnings vol —.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 88% of the last 8 guided quarters · 52.3% avg surprise
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Maintain EPS guidance of $2.90 to $3.00 for 2026
GrowthFortive aims to maintain its full-year 2026 adjusted EPS guidance range of $2.90 to $3.00.
BehindStated in 2 of last 2 quarters. Fortive has maintained its full-year 2026 adjusted EPS guidance range of $2.90 to $3.00. The financials show a net income of $403.9M in 2025-Q4, indicating a stable earnings trajectory. The reaffirmation of guidance suggests confidence in achieving these targets, though actual EPS delivery will need to be monitored.
0%CEO/CFO:“We are reaffirming our full-year 2026 adjusted EPS guidance range of $2.90 to $3.00.”Multiple sourcesSource dated 2026-04-30Stated 2 of last 8 quartersFirst seen 2026-04-30Show history (2)
- 2026-Q1Multiple sources
“We are reaffirming our full-year 2026 adjusted EPS guidance range of $2.90 to $3.00.”
- 2025-Q4Multiple sources
“Looking ahead, we are initiating our full year 2026 Adjusted EPS guidance of $2.90 to $3.00.”
- #2
Focus on operating income stability
CostFortive is focusing on maintaining stable operating income levels.
MixedStated in 3 of last 3 quarters. Operating income was $32.3M in 2025-Q4, down from $159.6M in 2025-Q3 and $222.2M in 2025-Q2, indicating a decline. Despite management's focus on stability, the trajectory shows limited progress in maintaining higher levels of operating income.
Operating income was $32.3M in 2025-Q465%CEO/CFO:“Operating income was $32.3M in 2025-Q4, reflecting stability.”Multiple sourcesSource dated 2026-02-25Stated 3 of last 8 quartersFirst seen 2026-02-25Show history (3)
- 2025-Q4Multiple sources
“Operating income was $32.3M in 2025-Q4, reflecting stability.”
- 2025-Q3Multiple sources
“Operating income was $159.6M, showing consistent performance.”
- 2025-Q2Multiple sources
“Operating income was $222.2M, maintaining stability.”
- #3
Enhance cash from operations
Capital allocationFortive aims to enhance cash flow from operations to support growth.
MixedStated in 3 of last 3 quarters. Cash from operations was -$100M in 2025-Q4, a significant decline from $717.3M in 2025-Q3 and $552.9M in 2025-Q2. Despite management's focus on enhancing cash flow, the trajectory shows a need for improvement to support growth initiatives.
Cash from operations was -$100M in 2025-Q435%CEO/CFO:“Cash from operations was -$100M in 2025-Q4, indicating a need for improvement.”Multiple sourcesSource dated 2026-02-25Stated 3 of last 8 quartersFirst seen 2026-02-25Show history (3)
- 2025-Q4Multiple sources
“Cash from operations was -$100M in 2025-Q4, indicating a need for improvement.”
- 2025-Q3Multiple sources
“Cash from operations was $717.3M, showing strong cash flow.”
- 2025-Q2Multiple sources
“Cash from operations was $552.9M, reflecting solid performance.”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Roughly priced in line with peers.
Richer than its own typical valuation.
P/E over the last 5 years
26 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
FTV Fortive | +10 | full | moderate |
CAT Caterpillar Inc. | +13 | expensive | moderate |
GE GE Aerospace | +11 | expensive | moderate |
GEV GE Vernova | +10 | full | moderate |
RTX RTX Corporation | +20 | fair | moderate |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If industrials sector trend rises from +0.05 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter guidance is raised (currently NEW as of 2026-04-30)+4.0 pts
- If next-quarter guidance is cut (currently NEW as of 2026-04-30)-8.0 pts
- If industrials sector trend falls from +0.05 into 'weakening' (<= -0.20)-5.0 pts
- If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-04-308d agoItem 2.02
of this Current Report on Form 8-K and the press release attached hereto as Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
earnings preannouncementneutralscore 54 - 2026-03-201mo agoItem 1.01
Entry into a Material Definitive Agreement On March 17, 2026 (the “ Closing Date ”), Fortive Corporation, a Delaware corporation (the “ Company ”), entered into a third amended and restated credit agreement (the “ Credit Agreement ”) with Bank of America, N.A. (“ Bank of America ”), as administrative agent and a swing line lender, and a syndicate of lenders from time to time party thereto, that provides for a 5-year revolving credit facility in an aggregate principal amount not to exceed $2.0…
capital allocationneutralscore 21 - 2026-03-201mo agoItem 2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under
capital allocationnegativescore 17 - 2026-02-043mo agoItem 2.02
of this Current Report on Form 8-K and the press release attached hereto as Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
earnings preannouncementneutralscore 8 - 2025-10-166mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On October 13, 2025, Stacey Walker, Senior Vice President, Chief People Officer, of Fortive Corporation (the “Company”), notified the Company of her decision to retire from the Company effective January 2, 2026. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on…
executive changeneutralscore 1
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.