Fortive (FTV) vs Zebra Technologies (ZBRA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Zebra Technologies (ZBRA) has outperformed Fortive (FTV) over the past year, gaining 30.1% versus a gain of 13.9%. Over five years, FTV leads with a +3.2% price change compared with -25.2% for ZBRA. Zebra Technologies is the larger company by market cap ($18.26 billion vs $17.07 billion), about 1.1 times the size.
On valuation, Fortive trades at a lower forward P/E (17.4x vs 17.4x for Zebra Technologies). Fortive pays a dividend yielding 0.21%, while Zebra Technologies does not currently pay one. Fortive converts more of its revenue into profit, with a net margin of 13.9% versus 7.8%.
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 | ZBRA |
|---|---|---|
| Share price | $56.52 | $386.05 |
| Market cap | $17.07B | $18.26B |
| 1-day change | -2.37% | +0.07% |
| YTD return | +2.37% | +58.99% |
| 1-year return | +13.93% | +30.14% |
| 5-year return | +3.22% | -25.16% |
| P/E ratio (TTM) | 29.75 | 35.38 |
| Forward P/E | 17.37 | 17.39 |
| EPS (TTM) | $1.90 | $10.91 |
| Dividend yield | 0.21% | 0.00% |
| Annual dividend | $0.12 | $0.00 |
| Revenue (latest FY) | $4.16B | $5.40B |
| Revenue growth (YoY) | +1.92% | +8.33% |
| Net income (latest FY) | $579.20M | $419.00M |
| Gross margin | 63.50% | 48.05% |
| Operating margin | 17.32% | 12.97% |
| Net margin | 13.93% | 7.77% |
| 52-week high | $64.56 | $390.80 |
| 52-week low | $47.71 | $199.05 |
| Distance from 52-week high | -12.45% | -1.22% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +12.60% | +7.20% |
| Average volume | 2.44M | 671.21K |
| Shares outstanding | 302.02M | 47.31M |
| Employees | 10,000 | 10,700 |
| 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
- ZBRA has outperformed FTV by 16.2 percentage points over the past year.
- Fortive is more profitable, keeping 13.9 cents of every revenue dollar as net income versus 7.8 cents for Zebra Technologies.
- Zebra Technologies grew revenue faster in its latest fiscal year (+8.33% 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 Zebra Technologies
ZBRA stock →Zebra Technologies Corporation, together with its subsidiaries, operates in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Connected Frontline, and Asset Visibility and Automation.
Industrials · Industrial Machinery/Components · 10,700 employees
FTV vs ZBRA FAQ
Which is bigger, Fortive or Zebra Technologies?
Zebra Technologies (ZBRA) is larger, with a market capitalization of $18.26B compared with $17.07B for Fortive (FTV).
Which stock has performed better over the past year, FTV or ZBRA?
ZBRA returned +30.14% over the past 12 months, compared with +13.93% for FTV (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FTV or ZBRA?
FTV has the lower trailing P/E at 29.7, versus 35.4 for ZBRA. 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 Zebra Technologies?
Fortive pays a dividend yielding 0.21%, while Zebra Technologies does not currently pay a regular dividend.
Are Fortive and Zebra Technologies in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.