CLS vs. FTV: A Head-to-Head Stock Comparison

Updated on November 22, 2025

Here’s a clear look at CLS and FTV, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	CLS	FTV
Company Name	Celestica Inc.	Fortive Corporation
Country	Canada	United States
GICS Sector	Information Technology	Industrials
GICS Industry	Electronic Equipment, Instruments & Components	Machinery
Market Capitalization	35.97 billion USD	17.31 billion USD
Exchange	NYSE	NYSE
Listing Date	June 30, 1998	July 5, 2016
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of CLS and FTV by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

CLS vs. FTV: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	CLS	FTV
5-Day Price Return	-9.93%	0.51%
13-Week Price Return	60.15%	7.12%
26-Week Price Return	209.98%	-29.95%
52-Week Price Return	283.87%	-32.29%
Month-to-Date Return	-9.91%	2.48%
Year-to-Date Return	227.91%	-31.21%
10-Day Avg. Volume	0.78M	3.18M
3-Month Avg. Volume	0.89M	3.68M
3-Month Volatility	65.66%	19.37%
Beta	2.52	1.05

Profitability

Return on Equity (TTM)

CLS

39.60%

Electronic Equipment, Instruments & Components Industry

Max: 25.62%
Q3: 13.32%
Median: 9.23%
Q1: 4.70%
Min: -3.60%

CLS’s Return on Equity of 39.60% is exceptionally high, placing it well beyond the typical range for the Electronic Equipment, Instruments & Components industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

FTV

6.46%

Machinery Industry

Max: 30.85%
Q3: 19.99%
Median: 12.37%
Q1: 8.44%
Min: -7.69%

FTV’s Return on Equity of 6.46% is in the lower quartile for the Machinery industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

CLS vs. FTV: A comparison of their Return on Equity (TTM) against their respective Electronic Equipment, Instruments & Components and Machinery industry benchmarks.

Net Profit Margin (TTM)

CLS

6.35%

Electronic Equipment, Instruments & Components Industry

Max: 18.22%
Q3: 10.34%
Median: 7.81%
Q1: 3.28%
Min: -4.57%

CLS’s Net Profit Margin of 6.35% is aligned with the median group of its peers in the Electronic Equipment, Instruments & Components industry. This indicates its ability to convert revenue into profit is typical for the sector.

FTV

10.68%

Machinery Industry

Max: 19.28%
Q3: 10.99%
Median: 7.89%
Q1: 5.16%
Min: -1.46%

FTV’s Net Profit Margin of 10.68% is aligned with the median group of its peers in the Machinery industry. This indicates its ability to convert revenue into profit is typical for the sector.

CLS vs. FTV: A comparison of their Net Profit Margin (TTM) against their respective Electronic Equipment, Instruments & Components and Machinery industry benchmarks.

Operating Profit Margin (TTM)

CLS

8.23%

Electronic Equipment, Instruments & Components Industry

Max: 26.64%
Q3: 15.10%
Median: 9.55%
Q1: 4.57%
Min: -7.07%

CLS’s Operating Profit Margin of 8.23% is around the midpoint for the Electronic Equipment, Instruments & Components industry, indicating that its efficiency in managing core business operations is typical for the sector.

FTV

16.36%

Machinery Industry

Max: 27.20%
Q3: 15.91%
Median: 11.33%
Q1: 7.73%
Min: 0.23%

An Operating Profit Margin of 16.36% places FTV in the upper quartile for the Machinery industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

CLS vs. FTV: A comparison of their Operating Profit Margin (TTM) against their respective Electronic Equipment, Instruments & Components and Machinery industry benchmarks.

Profitability at a Glance

Symbol	CLS	FTV
Return on Equity (TTM)	39.60%	6.46%
Return on Assets (TTM)	11.62%	3.75%
Net Profit Margin (TTM)	6.35%	10.68%
Operating Profit Margin (TTM)	8.23%	16.36%
Gross Profit Margin (TTM)	12.04%	60.33%

Financial Strength

Current Ratio (MRQ)

CLS

1.47

Electronic Equipment, Instruments & Components Industry

Max: 5.52
Q3: 3.20
Median: 2.02
Q1: 1.51
Min: 0.33

CLS’s Current Ratio of 1.47 falls into the lower quartile for the Electronic Equipment, Instruments & Components industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

FTV

0.70

Machinery Industry

Max: 3.27
Q3: 2.16
Median: 1.75
Q1: 1.32
Min: 0.70

FTV’s Current Ratio of 0.70 falls into the lower quartile for the Machinery industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

CLS vs. FTV: A comparison of their Current Ratio (MRQ) against their respective Electronic Equipment, Instruments & Components and Machinery industry benchmarks.

Debt-to-Equity Ratio (MRQ)

CLS

0.39

Electronic Equipment, Instruments & Components Industry

Max: 1.12
Q3: 0.55
Median: 0.33
Q1: 0.10
Min: 0.00

CLS’s Debt-to-Equity Ratio of 0.39 is typical for the Electronic Equipment, Instruments & Components industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

FTV

0.51

Machinery Industry

Max: 1.49
Q3: 0.75
Median: 0.45
Q1: 0.23
Min: 0.00

FTV’s Debt-to-Equity Ratio of 0.51 is typical for the Machinery industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

CLS vs. FTV: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Electronic Equipment, Instruments & Components and Machinery industry benchmarks.

Interest Coverage Ratio (TTM)

CLS

36.72

Electronic Equipment, Instruments & Components Industry

Max: 114.40
Q3: 51.32
Median: 14.03
Q1: 3.74
Min: -61.15

CLS’s Interest Coverage Ratio of 36.72 is positioned comfortably within the norm for the Electronic Equipment, Instruments & Components industry, indicating a standard and healthy capacity to cover its interest payments.

FTV

6.04

Machinery Industry

Max: 67.55
Q3: 36.46
Median: 13.55
Q1: 7.73
Min: -1.43

In the lower quartile for the Machinery industry, FTV’s Interest Coverage Ratio of 6.04 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

CLS vs. FTV: A comparison of their Interest Coverage Ratio (TTM) against their respective Electronic Equipment, Instruments & Components and Machinery industry benchmarks.

Financial Strength at a Glance

Symbol	CLS	FTV
Current Ratio (MRQ)	1.47	0.70
Quick Ratio (MRQ)	0.88	0.51
Debt-to-Equity Ratio (MRQ)	0.39	0.51
Interest Coverage Ratio (TTM)	36.72	6.04

Growth

Revenue Growth

CLS vs. FTV: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

CLS vs. FTV: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

CLS

0.00%

Electronic Equipment, Instruments & Components Industry

Max: 5.16%
Q3: 2.39%
Median: 1.18%
Q1: 0.12%
Min: 0.00%

CLS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

FTV

0.62%

Machinery Industry

Max: 4.98%
Q3: 2.83%
Median: 1.89%
Q1: 1.17%
Min: 0.00%

FTV’s Dividend Yield of 0.62% is in the lower quartile for the Machinery industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

CLS vs. FTV: A comparison of their Dividend Yield (TTM) against their respective Electronic Equipment, Instruments & Components and Machinery industry benchmarks.

Dividend Payout Ratio (TTM)

CLS

0.00%

Electronic Equipment, Instruments & Components Industry

Max: 197.57%
Q3: 87.33%
Median: 36.23%
Q1: 3.99%
Min: 0.00%

CLS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

FTV

16.72%

Machinery Industry

Max: 209.29%
Q3: 102.41%
Median: 62.34%
Q1: 29.36%
Min: 0.00%

FTV’s Dividend Payout Ratio of 16.72% is in the lower quartile for the Machinery industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.

CLS vs. FTV: A comparison of their Dividend Payout Ratio (TTM) against their respective Electronic Equipment, Instruments & Components and Machinery industry benchmarks.

Dividend at a Glance

Symbol	CLS	FTV
Dividend Yield (TTM)	0.00%	0.62%
Dividend Payout Ratio (TTM)	0.00%	16.72%

Valuation

Price-to-Earnings Ratio (TTM)

CLS

49.78

Electronic Equipment, Instruments & Components Industry

Max: 71.05
Q3: 42.87
Median: 27.84
Q1: 19.17
Min: 7.73

A P/E Ratio of 49.78 places CLS in the upper quartile for the Electronic Equipment, Instruments & Components industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

FTV

27.05

Machinery Industry

Max: 46.28
Q3: 29.52
Median: 24.18
Q1: 16.92
Min: 7.99

FTV’s P/E Ratio of 27.05 is within the middle range for the Machinery industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

CLS vs. FTV: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Electronic Equipment, Instruments & Components and Machinery industry benchmarks.

Price-to-Sales Ratio (TTM)

CLS

3.16

Electronic Equipment, Instruments & Components Industry

Max: 7.81
Q3: 4.01
Median: 2.09
Q1: 1.25
Min: 0.16

CLS’s P/S Ratio of 3.16 aligns with the market consensus for the Electronic Equipment, Instruments & Components industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

FTV

2.89

Machinery Industry

Max: 5.25
Q3: 2.82
Median: 1.74
Q1: 0.99
Min: 0.27

FTV’s P/S Ratio of 2.89 is in the upper echelon for the Machinery industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

CLS vs. FTV: A comparison of their Price-to-Sales Ratio (TTM) against their respective Electronic Equipment, Instruments & Components and Machinery industry benchmarks.

Price-to-Book Ratio (MRQ)

CLS

13.85

Electronic Equipment, Instruments & Components Industry

Max: 7.49
Q3: 4.09
Median: 2.35
Q1: 1.55
Min: 0.44

At 13.85, CLS’s P/B Ratio is at an extreme premium to the Electronic Equipment, Instruments & Components industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

FTV

2.52

Machinery Industry

Max: 7.18
Q3: 4.18
Median: 2.71
Q1: 1.54
Min: 0.52

FTV’s P/B Ratio of 2.52 is within the conventional range for the Machinery industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

CLS vs. FTV: A comparison of their Price-to-Book Ratio (MRQ) against their respective Electronic Equipment, Instruments & Components and Machinery industry benchmarks.

Valuation at a Glance

Symbol	CLS	FTV
Price-to-Earnings Ratio (TTM)	49.78	27.05
Price-to-Sales Ratio (TTM)	3.16	2.89
Price-to-Book Ratio (MRQ)	13.85	2.52
Price-to-Free Cash Flow Ratio (TTM)	89.60	14.71