FTV vs. HON: Fortive vs. Honeywell Stock Comparison

November 11, 2026

How do Fortive (FTV) and Honeywell (HON) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Fortive (FTV) and Honeywell (HON) both fall under the Capital Goods industry group, but FTV is classified in Machinery while HON is classified in Industrial Conglomerates.

Company profile comparison for Fortive (FTV) and Honeywell (HON)
Profile Item	FTV	HON
Name	Fortive Corporation	Honeywell International Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Industrial Conglomerates
GICS Sub-Industry	Industrial Machinery & Supplies & Components	Industrial Conglomerates
Market Capitalization	19.46 billion USD	69.74 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	July 5, 2016	January 2, 1962
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

FTV

HON

GSPC

Fortive (FTV) vs. Honeywell (HON), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Fortive (FTV) and Honeywell (HON). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Fortive (FTV) and Honeywell (HON). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Fortive (FTV) and Honeywell (HON)
Metric	FTV	HON
Total Return (1Y)	31.85%	14.14%
Total Return (3Y, Annualized)	11.44%	9.90%
Total Return (5Y, Annualized)	3.01%	2.32%

Risk Profile

Drawdown History

FTV

HON

GSPC

Fortive (FTV) vs. Honeywell (HON), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Fortive (FTV) and Honeywell (HON). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Fortive (FTV) and Honeywell (HON)
Metric	FTV	HON
Volatility (1Y, Annualized)	27.76%	27.11%
Beta (5Y)	1.01	0.80
Max Drawdown (5Y)	-32.10%	-25.21%
Avg. Volume (3M)	2.44M	2.82M

Risk-Adjusted Performance

Risk-Return Positioning

FTV and HON are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Fortive (FTV) and Honeywell (HON)
Metric	FTV	HON
Sharpe Ratio (1Y)	0.99	0.36
Sortino Ratio (1Y)	1.51	0.52

Profitability

ROE (TTM)

Honeywell (HON) at 44.39% clears its industry range for ROE, a sharper capital-efficiency signal than Fortive (FTV) at 10.55%, which is closer to a typical peer reading.

FTV

Capital Goods industry group

10.55%

Max: 40.55%
Q3: 19.29%
Median: 12.12%
FTV: 10.55%
Q1: 4.08%
Min: -17.12%

HON

Capital Goods industry group

44.39%

HON: 44.39%
Max: 40.55%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Fortive (FTV) vs. Honeywell (HON): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Fortive (FTV) at 14.83% and Honeywell (HON) at 18.68% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

FTV

Capital Goods industry group

14.83%

Max: 27.47%
FTV: 14.83%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

HON

Capital Goods industry group

18.68%

Max: 27.47%
HON: 18.68%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Fortive (FTV) vs. Honeywell (HON): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Fortive (FTV) at 21.30% operates in the top operating margin quartile, ahead of Honeywell (HON) at 16.92%, which runs around its industry’s norm.

FTV

Capital Goods industry group

21.30%

Max: 36.60%
FTV: 21.30%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

HON

Capital Goods industry group

16.92%

Max: 36.60%
Q3: 18.33%
HON: 16.92%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Fortive (FTV) vs. Honeywell (HON): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Fortive (FTV) and Honeywell (HON)
Metric	FTV	HON
ROE (TTM)	10.55%	44.39%
ROA (TTM)	4.61%	7.13%
Net Margin (TTM)	14.83%	18.68%
Operating Margin (TTM)	21.30%	16.92%
Gross Margin (TTM)	63.47%	37.21%

Growth

Revenue Growth

Both Fortive (FTV) at 1.92% and Honeywell (HON) at 7.85% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Fortive (FTV) vs. Honeywell (HON): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Fortive (FTV) at -26.69% and Honeywell (HON) at -8.27% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Fortive (FTV) vs. Honeywell (HON): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Fortive (FTV) and Honeywell (HON)
Metric	FTV	HON
Revenue Growth (YoY)	1.92%	7.85%
Revenue Growth (3Y CAGR)	-10.62%	1.82%
EPS Growth (YoY)	-26.69%	-8.27%
EPS Growth (3Y CAGR)	-6.26%	3.20%

Financial Strength

Current Ratio (MRQ)

Both Fortive (FTV) at 1.23 and Honeywell (HON) at 0.96 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

FTV

Capital Goods industry group

1.23

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
FTV: 1.23
Min: 0.36

HON

Capital Goods industry group

0.96

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
HON: 0.96
Min: 0.36

Fortive (FTV) vs. Honeywell (HON): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Fortive (FTV) at 0.60 and Honeywell (HON) at 0.76 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

FTV

Capital Goods industry group

0.60

Max: 2.33
Q3: 1.12
FTV: 0.60
Median: 0.60
Q1: 0.29
Min: 0.00

HON

Capital Goods industry group

0.76

Max: 2.33
Q3: 1.12
HON: 0.76
Median: 0.60
Q1: 0.29
Min: 0.00

Fortive (FTV) vs. Honeywell (HON): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Fortive (FTV) and Honeywell (HON)
Metric	FTV	HON
Current Ratio (MRQ)	1.23	0.96
Debt / Equity (MRQ)	0.60	0.76
Net Debt / EBITDA	2.45	1.23

Dividends

Dividend Yield (TTM)

Fortive (FTV) at 0.38% pays an industry-typical yield; Honeywell (HON) at 3.63% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

FTV

Capital Goods industry group

0.38%

Max: 2.66%
Q3: 1.14%
FTV: 0.38%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

HON

Capital Goods industry group

3.63%

HON: 3.63%
Max: 2.66%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Fortive (FTV) vs. Honeywell (HON): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Fortive (FTV) at 11.85% pays out a band-typical share of earnings, while Honeywell (HON) at 38.87% distributes more than its industry norm — less retained, thinner cover.

FTV

Capital Goods industry group

11.85%

Max: 67.39%
Q3: 28.02%
FTV: 11.85%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

HON

Capital Goods industry group

38.87%

Max: 67.39%
HON: 38.87%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Fortive (FTV) vs. Honeywell (HON): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Fortive (FTV) and Honeywell (HON)
Metric	FTV	HON
Dividend Yield (TTM)	0.38%	3.63%
Dividend Payout Ratio (TTM)	11.85%	38.87%

Valuation

P/E Ratio (TTM)

Honeywell (HON) at 10.91 sits in the cheaper P/E ratio quartile, while Fortive (FTV) at 30.98 is closer to its industry’s usual earnings multiple — a discount for HON, though growth and earnings durability still matter.

FTV

Capital Goods industry group

30.98

Max: 59.38
Q3: 35.92
FTV: 30.98
Median: 25.41
Q1: 19.47
Min: 3.03

HON

Capital Goods industry group

10.91

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
HON: 10.91
Min: 3.03

Fortive (FTV) vs. Honeywell (HON): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Honeywell (HON) at 1.85 is priced about in line with its industry on P/S ratio, while Fortive (FTV) at 4.43 sits in the pricier quartile — FTV costs more per dollar of sales.

FTV

Capital Goods industry group

4.43

Max: 7.54
FTV: 4.43
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

HON

Capital Goods industry group

1.85

Max: 7.54
Q3: 3.76
Median: 2.15
HON: 1.85
Q1: 1.03
Min: 0.03

Fortive (FTV) vs. Honeywell (HON): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Fortive (FTV) at 3.28 and Honeywell (HON) at 3.12 are valued close to their industries’ norm against book — neither stands out from peers.

FTV

Capital Goods industry group

3.28

Max: 9.66
Q3: 5.00
FTV: 3.28
Median: 3.12
Q1: 1.81
Min: -1.08

HON

Capital Goods industry group

3.12

Max: 9.66
Q3: 5.00
HON: 3.12
Median: 3.12
Q1: 1.81
Min: -1.08

Fortive (FTV) vs. Honeywell (HON): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Fortive (FTV) and Honeywell (HON)
Metric	FTV	HON
P/E Ratio (TTM)	30.98	10.91
P/S Ratio (TTM)	4.43	1.85
P/B Ratio (MRQ)	3.28	3.12
Free Cash Flow Yield (TTM)	5.05%	10.07%