Is it safe?
Can FTV take a bad year?
Fortive carries $3.13B of net debt at 2.57× EBITDA: a load its earnings can carry.
$3.13B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.57×
Net debt / EBITDA · 2.49× a year ago · the load is going up
- Altman Z-score
- 3.26
Altman Z-score · safe zone, above 3
- Interest cover
- 6.22×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $3.49B
- Cash and short-term investments
- $356M
- Net debt
- $3.13B
- EBITDA, trailing twelve months
- $1.22B
- Operating profit, trailing twelve months
- $747M
- Debt / equity
- 0.57×
- Total debt / EBITDA
- 2.86×
- Annualised volatilitytwo years of daily moves
- 26%
- Worst drawdown on file
- −53%
- Below its 52-week high
- −6.0%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Scientific & Technical Instruments
Ranks #13 of 16 by Smart Score