Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 19.91.
Forward PE Ratio (19.91) = Close Price ($60.08) / Consensus Forward EPS ($3.02)
FORWARD PE RATIO
19.91
SECTOR MEDIAN · TECHNOLOGY
27.14
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
-26.64%
vs the sector median at left
Fortive Corporation
Market Cap
$18.15B
Forward PE Ratio
19.91
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Fortive Corporation (FTV) | $18.15B | 19.91 |
| PTC Inc. (PTC)vs › | $17.87B | 18.92 |
| Leidos Holdings, Inc. (LDOS)vs › | $17.78B | 11.94 |
| Zebra Technologies Corporation (ZBRA)vs › | $17.55B | 17.44 |
| CDW Corporation (CDW)vs › | $17.53B | 12.56 |
| MKS Inc. (MKSI)vs › | $18.85B | 21.25 |
| Gen Digital Inc. (GEN)vs › | $17.32B | 11.35 |
| IonQ, Inc. (IONQ)vs › | $16.74B | N/A |
| BE Semiconductor Industries N.V. (BESIY)vs › | $19.68B | 56.40 |
| Akamai Technologies, Inc. (AKAM)vs › | $16.05B | 16.45 |
Trailing P/E
35.3
reported TTM EPS
Forward P/E
19.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.02 implies +77.6% EPS growth vs the reported trailing $1.70.
At today's $60.08 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $3.02 | $2.95 – $3.05 | 9 | 19.9x |
| 2027-12-31 | $3.25 | $3.18 – $3.31 | 9 | 18.5x |
| 2028-12-31 | $3.48 | $3.36 – $3.64 | 4 | 17.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
