FTV
Fortive Corporation
Hardware, Equipment & Parts
Market Cap$18.59B
5Y Perf.+58.4%
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Stock Comparison
FTV vs HON
Revenue, margins, valuation, and 5-year total return — side by side.
HON
Honeywell International Inc.
Conglomerates
Market Cap$137.39B
5Y Perf.+48.1%
FTV vs HON — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | FTV | HON |
|---|---|---|
| Industry | Hardware, Equipment & Parts | Conglomerates |
| Market Cap | $18.59B | $137.39B |
| Revenue (TTM) | $4.74B | $36.76B |
| Net Income (TTM) | $544M | $4.10B |
| Gross Margin | 61.8% | 36.9% |
| Operating Margin | 17.7% | 14.9% |
| Forward P/E | 20.6x | 20.5x |
| Total Debt | $3.21B | $34.58B |
| Cash & Equiv. | $376M | $12.49B |
FTV vs HON — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
FTV
HON
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Fortive Corporation (FTV) | 100 | 158.4 | +58.4% |
| Honeywell Internati… (HON) | 100 | 148.1 | +48.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FTV vs HON
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: HON leads in 5 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. Fortive Corporation is the stronger pick specifically for profitability and margin quality and recent price momentum and sentiment. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
FTV
Fortive Corporation
The Quality Compounder
FTV is the clearest fit if your priority is quality and momentum.
- 11.5% margin vs HON's 11.2%
- +19.7% vs HON's +5.5%
Best for: quality and momentum
HON
Honeywell International Inc.
The Income Pick
HON carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 15 yrs, beta 0.74, yield 2.1%
- Rev growth 7.8%, EPS growth -15.5%, 3Y rev CAGR 1.8%
- 134.6% 10Y total return vs FTV's 103.5%
Best for: income & stability and growth exposure
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | HON | 7.8% revenue growth vs FTV's -17.5% |
| Value | HON | Lower P/E (20.5x vs 20.6x) |
| Quality / Margins | FTV | 11.5% margin vs HON's 11.2% |
| Stability / Safety | HON | Beta 0.74 vs FTV's 0.83 |
| Dividends | HON | 2.1% yield, 15-year raise streak, vs FTV's 0.5% |
| Momentum (1Y) | FTV | +19.7% vs HON's +5.5% |
| Efficiency (ROA) | HON | 5.3% ROA vs FTV's 4.1%, ROIC 12.6% vs 6.0% |
FTV vs HON — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2025
FY 2025
FTV vs HON — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLFTVLAGGINGHON
HONHoneywell Internation…
1leads
FTVFortive Corporation
3leads
6 Total Categories
CATEGORYLEADERvs HONMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
FTV5/6
Valuation MetricsMultiples, price ratios, and targets
FTV4/6
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
Tied
—
Total Returns1Y, 3Y, 5Y total returns with dividends
FTV4/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
HON2/2
Income & Cash Flow (Last 12 Months)
FTV leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
HON is the larger business by revenue, generating $36.8B annually — 7.8x FTV's $4.7B. Profitability is closely matched — net margins range from 11.5% (FTV) to 11.2% (HON). On growth, HON holds the edge at -6.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | FTVFortive Corporati… | HONHoneywell Interna… |
|---|---|---|
| RevenueTrailing 12 months | $4.7B | $36.8B |
| EBITDAEarnings before interest/tax | $1.1B | $6.5B |
| Net IncomeAfter-tax profit | $544M | $4.1B |
| Free Cash FlowCash after capex | $971M | $4.2B |
| Gross MarginGross profit ÷ Revenue | +61.8% | +36.9% |
| Operating MarginEBIT ÷ Revenue | +17.7% | +14.9% |
| Net MarginNet income ÷ Revenue | +11.5% | +11.2% |
| FCF MarginFCF ÷ Revenue | +20.5% | +11.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | -27.5% | -6.9% |
| EPS Growth (YoY)Latest quarter vs prior year | -12.0% | -41.9% |
FTV leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
FTV leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 29.5x trailing earnings, HON trades at a 15% valuation discount to FTV's 34.7x P/E. On an enterprise value basis, FTV's 17.3x EV/EBITDA is more attractive than HON's 20.0x.
| Metric | FTVFortive Corporati… | HONHoneywell Interna… |
|---|---|---|
| Market CapShares × price | $18.6B | $137.4B |
| Enterprise ValueMkt cap + debt − cash | $21.4B | $159.5B |
| Trailing P/EPrice ÷ TTM EPS | 34.71x | 29.46x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.56x | 20.52x |
| PEG RatioP/E ÷ EPS growth rate | — | 16.04x |
| EV / EBITDAEnterprise value multiple | 17.35x | 20.05x |
| Price / SalesMarket cap ÷ Revenue | 3.62x | 3.67x |
| Price / BookPrice ÷ Book value/share | 2.99x | 9.03x |
| Price / FCFMarket cap ÷ FCF | 19.01x | 25.48x |
FTV leads this category, winning 4 of 6 comparable metrics.
Profitability & Efficiency
Evenly matched — FTV and HON each lead in 4 of 8 comparable metrics.
Profitability & Efficiency
HON delivers a 23.1% return on equity — every $100 of shareholder capital generates $23 in annual profit, vs $7 for FTV. FTV carries lower financial leverage with a 0.50x debt-to-equity ratio, signaling a more conservative balance sheet compared to HON's 2.24x.
| Metric | FTVFortive Corporati… | HONHoneywell Interna… |
|---|---|---|
| ROE (TTM)Return on equity | +7.4% | +23.1% |
| ROA (TTM)Return on assets | +4.1% | +5.3% |
| ROICReturn on invested capital | +6.0% | +12.6% |
| ROCEReturn on capital employed | +7.5% | +12.6% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 |
| Debt / EquityFinancial leverage | 0.50x | 2.24x |
| Net DebtTotal debt minus cash | $2.8B | $22.1B |
| Cash & Equiv.Liquid assets | $376M | $12.5B |
| Total DebtShort + long-term debt | $3.2B | $34.6B |
| Interest CoverageEBIT ÷ Interest expense | 6.67x | 3.92x |
Evenly matched — FTV and HON each lead in 4 of 8 comparable metrics.
Total Returns (Dividends Reinvested)
FTV leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in FTV five years ago would be worth $11,269 today (with dividends reinvested), compared to $10,364 for HON. Over the past 12 months, FTV leads with a +19.7% total return vs HON's +5.5%. The 3-year compound annual growth rate (CAGR) favors FTV at 7.8% vs HON's 5.2% — a key indicator of consistent wealth creation.
| Metric | FTVFortive Corporati… | HONHoneywell Interna… |
|---|---|---|
| YTD ReturnYear-to-date | +9.2% | +11.3% |
| 1-Year ReturnPast 12 months | +19.7% | +5.5% |
| 3-Year ReturnCumulative with dividends | +25.1% | +16.6% |
| 5-Year ReturnCumulative with dividends | +12.7% | +3.6% |
| 10-Year ReturnCumulative with dividends | +103.5% | +134.6% |
| CAGR (3Y)Annualised 3-year return | +7.8% | +5.2% |
FTV leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
Evenly matched — FTV and HON each lead in 1 of 2 comparable metrics.
Risk & Volatility
HON is the less volatile stock with a 0.74 beta — it tends to amplify market swings less than FTV's 0.83 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. FTV currently trades 96.2% from its 52-week high vs HON's 87.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | FTVFortive Corporati… | HONHoneywell Interna… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.83x | 0.74x |
| 52-Week HighHighest price in past year | $62.81 | $248.18 |
| 52-Week LowLowest price in past year | $46.34 | $186.76 |
| % of 52W HighCurrent price vs 52-week peak | +96.2% | +87.4% |
| RSI (14)Momentum oscillator 0–100 | 57.1 | 32.3 |
| Avg Volume (50D)Average daily shares traded | 3.0M | 3.7M |
Evenly matched — FTV and HON each lead in 1 of 2 comparable metrics.
Analyst Outlook
HON leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates FTV as "Hold" and HON as "Buy". Consensus price targets imply 12.5% upside for HON (target: $244) vs 0.4% for FTV (target: $61). For income investors, HON offers the higher dividend yield at 2.14% vs FTV's 0.48%.
| Metric | FTVFortive Corporati… | HONHoneywell Interna… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $60.67 | $243.83 |
| # AnalystsCovering analysts | 30 | 28 |
| Dividend YieldAnnual dividend ÷ price | +0.5% | +2.1% |
| Dividend StreakConsecutive years of raises | 0 | 15 |
| Dividend / ShareAnnual DPS | $0.29 | $4.63 |
| Buyback YieldShare repurchases ÷ mkt cap | +8.7% | +2.8% |
HON leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
FTV leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). HON leads in 1 (Analyst Outlook). 2 tied.
Best OverallFortive Corporation (FTV)Leads 3 of 6 categories
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FTV vs HON: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is FTV or HON a better buy right now?
For growth investors, Honeywell International Inc.
(HON) is the stronger pick with 7. 8% revenue growth year-over-year, versus -17. 5% for Fortive Corporation (FTV). Honeywell International Inc. (HON) offers the better valuation at 29. 5x trailing P/E (20. 5x forward), making it the more compelling value choice. Analysts rate Honeywell International Inc. (HON) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — FTV or HON?
On trailing P/E, Honeywell International Inc.
(HON) is the cheapest at 29. 5x versus Fortive Corporation at 34. 7x. On forward P/E, Honeywell International Inc. is actually cheaper at 20. 5x.
03Which is the better long-term investment — FTV or HON?
Over the past 5 years, Fortive Corporation (FTV) delivered a total return of +12.
7%, compared to +3. 6% for Honeywell International Inc. (HON). Over 10 years, the gap is even starker: HON returned +135. 1% versus FTV's +105. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — FTV or HON?
By beta (market sensitivity over 5 years), Honeywell International Inc.
(HON) is the lower-risk stock at 0. 74β versus Fortive Corporation's 0. 83β — meaning FTV is approximately 12% more volatile than HON relative to the S&P 500. On balance sheet safety, Fortive Corporation (FTV) carries a lower debt/equity ratio of 50% versus 2% for Honeywell International Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — FTV or HON?
By revenue growth (latest reported year), Honeywell International Inc.
(HON) is pulling ahead at 7. 8% versus -17. 5% for Fortive Corporation (FTV). On earnings-per-share growth, the picture is similar: Honeywell International Inc. grew EPS -15. 5% year-over-year, compared to -26. 3% for Fortive Corporation. Over a 3-year CAGR, HON leads at 1. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — FTV or HON?
Honeywell International Inc.
(HON) is the more profitable company, earning 12. 6% net margin versus 11. 3% for Fortive Corporation — meaning it keeps 12. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FTV leads at 17. 7% versus 17. 5% for HON. At the gross margin level — before operating expenses — FTV leads at 61. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is FTV or HON more undervalued right now?
On forward earnings alone, Honeywell International Inc.
(HON) trades at 20. 5x forward P/E versus 20. 6x for Fortive Corporation — 0. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for HON: 12. 5% to $243. 83.
08Which pays a better dividend — FTV or HON?
All stocks in this comparison pay dividends.
Honeywell International Inc. (HON) offers the highest yield at 2. 1%, versus 0. 5% for Fortive Corporation (FTV).
09Is FTV or HON better for a retirement portfolio?
For long-horizon retirement investors, Honeywell International Inc.
(HON) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 74), 2. 1% yield, +135. 1% 10Y return). Both have compounded well over 10 years (HON: +135. 1%, FTV: +105. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between FTV and HON?
These companies operate in different sectors (FTV (Technology) and HON (Industrials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
HON pays a dividend while FTV does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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Revenue Growth>
%
(FTV: -27.5% · HON: -6.9%)Net Margin>
%
(FTV: 11.5% · HON: 11.2%)P/E Ratio<
x
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