Fortive (FTV) vs Garmin (GRMN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Fortive (FTV) has outperformed Garmin (GRMN) over the past year, gaining 13.9% versus a gain of 7.7%. Over five years, GRMN leads with a +76.9% price change compared with +3.2% for FTV. Garmin is the larger company by market cap ($53.26 billion vs $17.07 billion), about 3.1 times the size.
On valuation, Fortive trades at a lower forward P/E (17.4x vs 24.8x for Garmin). Garmin offers the higher dividend yield (1.52% vs 0.21%). Garmin converts more of its revenue into profit, with a net margin of 23.0% versus 13.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FTV | GRMN |
|---|---|---|
| Share price | $56.52 | $276.16 |
| Market cap | $17.07B | $53.26B |
| 1-day change | -2.37% | -1.09% |
| YTD return | +2.37% | +36.14% |
| 1-year return | +13.93% | +7.74% |
| 5-year return | +3.22% | +76.88% |
| P/E ratio (TTM) | 29.75 | 28.50 |
| Forward P/E | 17.37 | 24.80 |
| EPS (TTM) | $1.90 | $9.69 |
| Dividend yield | 0.21% | 1.52% |
| Annual dividend | $0.12 | $4.20 |
| Revenue (latest FY) | $4.16B | $7.25B |
| Revenue growth (YoY) | +1.92% | +15.06% |
| Net income (latest FY) | $579.20M | $1.66B |
| Gross margin | 63.50% | 58.74% |
| Operating margin | 17.32% | 25.89% |
| Net margin | 13.93% | 22.96% |
| 52-week high | $64.56 | $314.28 |
| 52-week low | $47.71 | $186.67 |
| Distance from 52-week high | -12.45% | -12.13% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +12.60% | +9.36% |
| Average volume | 2.43M | 902.73K |
| Shares outstanding | 302.02M | 192.85M |
| Employees | 10,000 | 23,000 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Garmin is about 3.1 times larger than Fortive by market value ($53.26B vs $17.07B).
- Garmin offers a meaningfully higher dividend yield (1.52% vs 0.21%).
- Garmin is more profitable, keeping 23.0 cents of every revenue dollar as net income versus 13.9 cents for Fortive.
- Garmin grew revenue faster in its latest fiscal year (+15.06% vs +1.92%).
About Fortive
FTV stock →Fortive Corporation designs, develops, manufactures, and markets products, software, and services in the United States, China, and internationally. It operates through Intelligent Operating Solutions and Advanced Healthcare Solutions segments.
Industrials · Industrial Machinery/Components · 10,000 employees
About Garmin
GRMN stock →Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide.
Industrials · Industrial Machinery/Components · 23,000 employees
FTV vs GRMN FAQ
Which is bigger, Fortive or Garmin?
Garmin (GRMN) is larger, with a market capitalization of $53.26B compared with $17.07B for Fortive (FTV).
Which stock has performed better over the past year, FTV or GRMN?
FTV returned +13.93% over the past 12 months, compared with +7.74% for GRMN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FTV or GRMN?
GRMN has the lower trailing P/E at 28.5, versus 29.7 for FTV. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Fortive or Garmin?
Garmin has the higher yield at 1.52%, compared with 0.21% for Fortive.
Are Fortive and Garmin in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.