Fortive (FTV) vs MKS (MKSI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
MKS (MKSI) has outperformed Fortive (FTV) over the past year, gaining 112.0% versus a gain of 13.2%. Over five years, MKSI leads with a +80.0% price change compared with +3.0% for FTV. MKS is the larger company by market cap ($17.61 billion vs $17.04 billion), about 1.0 times the size.
On valuation, MKS trades at a lower forward P/E (14.8x vs 17.3x for Fortive). MKS offers the higher dividend yield (0.36% vs 0.21%). Fortive converts more of its revenue into profit, with a net margin of 13.9% versus 7.5%.
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 | MKSI |
|---|---|---|
| Share price | $56.42 | $260.38 |
| Market cap | $17.04B | $17.61B |
| 1-day change | -0.18% | -4.68% |
| YTD return | +2.19% | +70.93% |
| 1-year return | +13.20% | +112.01% |
| 5-year return | +3.04% | +79.98% |
| P/E ratio (TTM) | 29.69 | 41.40 |
| Forward P/E | 17.34 | 14.75 |
| EPS (TTM) | $1.90 | $6.29 |
| Dividend yield | 0.21% | 0.36% |
| Annual dividend | $0.12 | $0.94 |
| Revenue (latest FY) | $4.16B | $3.93B |
| Revenue growth (YoY) | +1.92% | +9.62% |
| Net income (latest FY) | $579.20M | $295.00M |
| Gross margin | 63.50% | 46.73% |
| Operating margin | 17.32% | 13.43% |
| Net margin | 13.93% | 7.50% |
| 52-week high | $64.56 | $447.62 |
| 52-week low | $47.71 | $120.91 |
| Distance from 52-week high | -12.61% | -41.83% |
| Analyst consensus | hold | none |
| Avg. price target upside | +12.80% | +57.79% |
| Average volume | 2.43M | 1.33M |
| Shares outstanding | 302.02M | 67.62M |
| Employees | 10,000 | 10,200 |
| 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
- MKSI has outperformed FTV by 98.8 percentage points over the past year.
- MKS trades at a higher earnings multiple (41.4x vs 29.7x trailing P/E).
- Fortive is more profitable, keeping 13.9 cents of every revenue dollar as net income versus 7.5 cents for MKS.
- MKS grew revenue faster in its latest fiscal year (+9.62% 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 MKS
MKSI stock →MKS Inc. provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, China, South Korea, Japan, Taiwan, Singapore, and internationally.
Industrials · Industrial Machinery/Components · 10,200 employees
FTV vs MKSI FAQ
Which is bigger, Fortive or MKS?
MKS (MKSI) is larger, with a market capitalization of $17.61B compared with $17.04B for Fortive (FTV).
Which stock has performed better over the past year, FTV or MKSI?
MKSI returned +112.01% over the past 12 months, compared with +13.20% for FTV (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FTV or MKSI?
FTV has the lower trailing P/E at 29.7, versus 41.4 for MKSI. 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 MKS?
MKS has the higher yield at 0.36%, compared with 0.21% for Fortive.
Are Fortive and MKS in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.