Fortive Corporation (FTV) vs Zebra Technologies Corporation (ZBRA)

A side-by-side comparison of Fortive Corporation and Zebra Technologies Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnFTV vs ZBRA

growth of $100 · dividends reinvested · last 10y
FTV +80.1% (+6.1%/yr)ZBRA +400.1% (+17.5%/yr)ZBRA compounded faster over this window
200400600800Start $10020182020202220242026$180$500
FTV ZBRA

FTV vs ZBRA: by the numbers

  • FTV is the larger company ($16.61B vs $16.51B market cap).
  • FTV trades at the lower trailing earnings multiple (32.35 vs 32.61 P/E), one valuation lens rather than an overall verdict.
  • FTV converts more revenue to profit (12.38% vs 9.22% net margin).
  • ZBRA grew revenue faster over the past five years (2.51% vs 2.10% CAGR).
  • FTV pays a dividend (0.44% yield), while ZBRA has no payments in the available dividend history.

Metrics side by side

Valuation

MetricFTVZBRA
P/E ratio32.3532.61
Forward P/E18.2316.41
P/S ratio3.852.82
P/B ratio2.744.81
EV / EBITDA16.7516.72
FCF yield5.75%5.48%

Profitability

MetricFTVZBRA
Gross margin63.23%48.90%
Operating margin18.23%16.09%
Net margin12.38%9.22%
ROE8.82%15.69%
ROIC6.83%10.35%

Dividends

MetricFTVZBRA
Dividend yield0.44%N/A
Payout ratio14.12%N/A

Growth (annualized)

MetricFTVZBRA
Revenue CAGR (5Y)2.10%2.51%
EPS CAGR (5Y)-17.51%-2.66%
FCF CAGR (5Y)-4.98%-3.62%
Total return CAGR (5Y)-0.31%-9.80%

Frequently asked

Which has the lower trailing P/E, FTV or ZBRA?
FTV has the lower trailing P/E: FTV trades at 32.35 and ZBRA at 32.61. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FTV or ZBRA?
Over the past five years, ZBRA grew revenue faster — FTV at a 2.10% CAGR versus ZBRA at 2.51%.
Does FTV or ZBRA pay a bigger dividend?
FTV pays a dividend (0.44% yield), while ZBRA has no payments in the available dividend history.
Is FTV or ZBRA more profitable?
FTV runs the higher net margin — FTV at 12.38% versus ZBRA at 9.22%.
How have FTV and ZBRA total returns compared?
Over the past 10 years, FTV delivered 5.98% and ZBRA delivered 17.96% 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 13, 2026.