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.
FTV
Fortive Corporation
$55.00TechnologyDelayed quote: Sep 18, 2026, 4:00 PM EDT
ZBRA
Zebra Technologies Corporation
$346.63TechnologyDelayed quote: Sep 18, 2026, 4:00 PM EDT
Total return — FTV vs ZBRA
growth of $100 · dividends reinvested · last 10yFTV +80.1% (+6.1%/yr)ZBRA +400.1% (+17.5%/yr)ZBRA compounded faster over this window
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
| Metric | FTV | ZBRA |
|---|---|---|
| P/E ratio | 32.35 | 32.61 |
| Forward P/E | 18.23 | 16.41 |
| P/S ratio | 3.85 | 2.82 |
| P/B ratio | 2.74 | 4.81 |
| EV / EBITDA | 16.75 | 16.72 |
| FCF yield | 5.75% | 5.48% |
Profitability
| Metric | FTV | ZBRA |
|---|---|---|
| Gross margin | 63.23% | 48.90% |
| Operating margin | 18.23% | 16.09% |
| Net margin | 12.38% | 9.22% |
| ROE | 8.82% | 15.69% |
| ROIC | 6.83% | 10.35% |
Dividends
| Metric | FTV | ZBRA |
|---|---|---|
| Dividend yield | 0.44% | N/A |
| Payout ratio | 14.12% | N/A |
Growth (annualized)
| Metric | FTV | ZBRA |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Fortive P/E ratioZebra Technologies P/E ratioFortive dividend yieldFortive ROEZebra Technologies ROEFortive operating marginZebra Technologies operating marginFortive revenue growthZebra Technologies revenue growthFortive free cash flowZebra Technologies free cash flow
Fortive & Zebra Technologies appear in these rankings
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.