Which has the lower trailing P/E, FTV or SMTC?

FTV has the lower trailing P/E: FTV trades at 33.81 and SMTC at 129.28. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FTV or SMTC?

Over the past five years, SMTC grew revenue faster — FTV at a 2.10% CAGR versus SMTC at 12.54%.

Does FTV or SMTC pay a bigger dividend?

FTV pays a dividend (0.45% yield), while SMTC is a former payer with no current dividend run rate.

Is FTV or SMTC more profitable?

SMTC runs the higher net margin — FTV at 12.38% versus SMTC at 13.11%.

How have FTV and SMTC total returns compared?

Over the past 10 years, FTV delivered 6.13% and SMTC delivered 21.00% annualized total return. Past performance doesn't predict future results.

Fortive Corporation (FTV) vs Semtech Corporation (SMTC)

A side-by-side comparison of Fortive Corporation and Semtech Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

FTV

Fortive Corporation

$17.36B

$57.47TechnologyDelayed quote: Oct 2, 2026, 4:02 PM EDT

SMTC

Semtech Corporation

$18.15B

$194.88TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — FTV vs SMTC

growth of $100 · dividends reinvested · last 10y

FTV +79.6% (+6.0%/yr)SMTC +573.1% (+21.0%/yr)SMTC compounded faster over this window

FTV SMTC

FTV vs SMTC: by the numbers

•SMTC is the larger company ($18.15B vs $17.36B market cap).
•FTV trades at the lower trailing earnings multiple (33.81 vs 129.28 P/E), one valuation lens rather than an overall verdict.
•SMTC converts more revenue to profit (13.11% vs 12.38% net margin).
•SMTC grew revenue faster over the past five years (12.54% vs 2.10% CAGR).
•FTV pays a dividend (0.45% yield), while SMTC is a former payer with no current dividend run rate.

Metrics side by side

Valuation

Metric	FTV	SMTC
P/E ratio	33.81	129.28
Forward P/E	19.07	56.04
P/S ratio	4.02	15.46
P/B ratio	2.86	24.24
EV / EBITDA	17.39	102.33
FCF yield	5.50%	1.00%

Profitability

Metric	FTV	SMTC
Gross margin	63.23%	52.04%
Operating margin	18.23%	12.71%
Net margin	12.38%	13.11%
ROE	8.82%	20.56%
ROIC	6.83%	10.98%

Dividends

Metric	FTV	SMTC
Dividend yield	0.45%	N/A
Payout ratio	14.71%	N/A

Growth (annualized)

Metric	FTV	SMTC
Revenue CAGR (5Y)	2.10%	12.54%
EPS CAGR (5Y)	-17.51%	N/A
FCF CAGR (5Y)	-6.39%	13.26%
Total return CAGR (5Y)	1.28%	18.84%

Frequently asked

Which has the lower trailing P/E, FTV or SMTC?: FTV has the lower trailing P/E: FTV trades at 33.81 and SMTC at 129.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FTV or SMTC?: Over the past five years, SMTC grew revenue faster — FTV at a 2.10% CAGR versus SMTC at 12.54%.
Does FTV or SMTC pay a bigger dividend?: FTV pays a dividend (0.45% yield), while SMTC is a former payer with no current dividend run rate.
Is FTV or SMTC more profitable?: SMTC runs the higher net margin — FTV at 12.38% versus SMTC at 13.11%.
How have FTV and SMTC total returns compared?: Over the past 10 years, FTV delivered 6.13% and SMTC delivered 21.00% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FTV analysis Full SMTC analysis Interactive comparison tool

Dig into the metrics

Fortive P/E ratio Semtech P/E ratio Fortive dividend yield Fortive ROE Semtech ROE Fortive operating margin Semtech operating margin Fortive revenue growth Semtech revenue growth Fortive free cash flow Semtech free cash flow

Fortive & Semtech appear in these rankings

Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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 October 2, 2026.