Fortive Corporation (FTV) vs MKS Inc. (MKSI)

A side-by-side comparison of Fortive Corporation and MKS Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnFTV vs MKSI

growth of $100 · dividends reinvested · last 10y
FTV +80.1% (+6.1%/yr)MKSI +493.4% (+19.5%/yr)MKSI compounded faster over this window
200400600800Start $10020182020202220242026$180$593
FTV MKSI

FTV vs MKSI: by the numbers

  • MKSI is the larger company ($17.69B vs $16.46B market cap).
  • FTV trades at the lower trailing earnings multiple (32.06 vs 41.76 P/E), one valuation lens rather than an overall verdict.
  • FTV converts more revenue to profit (12.38% vs 10.12% net margin).
  • MKSI grew revenue faster over the past five years (10.04% vs 2.10% CAGR).
  • FTV pays the higher dividend yield (0.44% vs 0.36%).

Metrics side by side

Valuation

MetricFTVMKSI
P/E ratio32.0641.76
Forward P/EN/A19.94
P/S ratio3.814.07
P/B ratio2.725.92
EV / EBITDA16.6320.06
FCF yield5.80%2.57%

Profitability

MetricFTVMKSI
Gross margin63.23%44.12%
Operating margin18.23%16.49%
Net margin12.38%10.12%
ROE8.82%14.73%
ROIC6.83%8.17%

Dividends

MetricFTVMKSI
Dividend yield0.44%0.36%
Payout ratio14.12%15.47%

Growth (annualized)

MetricFTVMKSI
Revenue CAGR (5Y)2.10%10.04%
EPS CAGR (5Y)-17.51%-7.12%
FCF CAGR (5Y)-4.98%3.03%
Total return CAGR (5Y)-0.38%13.38%

Frequently asked

Which has the lower trailing P/E, FTV or MKSI?
FTV has the lower trailing P/E: FTV trades at 32.06 and MKSI at 41.76. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FTV or MKSI?
Over the past five years, MKSI grew revenue faster — FTV at a 2.10% CAGR versus MKSI at 10.04%.
Does FTV or MKSI pay a bigger dividend?
FTV yields 0.44% and MKSI yields 0.36% based on trailing dividends and the latest price.
Is FTV or MKSI more profitable?
FTV runs the higher net margin — FTV at 12.38% versus MKSI at 10.12%.
How have FTV and MKSI total returns compared?
Over the past 10 years, FTV delivered 5.95% and MKSI delivered 20.09% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.