FTV vs. LII: Fortive vs. Lennox Stock Comparison
How do Fortive (FTV) and Lennox (LII) 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 Lennox (LII) both fall under the Capital Goods industry group, but FTV is classified in Machinery while LII is classified in Building Products.
| Profile Item | FTV | LII |
|---|---|---|
| Name | Fortive Corporation | Lennox International Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Building Products |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Building Products |
| Market Capitalization | 19.46 billion USD | 11.70 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 5, 2016 | July 29, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FTV | LII |
|---|---|---|
| Total Return (1Y) | 31.85% | -27.83% |
| Total Return (3Y, Annualized) | 11.44% | -2.32% |
| Total Return (5Y, Annualized) | 3.01% | 3.79% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FTV | LII |
|---|---|---|
| Volatility (1Y, Annualized) | 27.76% | 41.59% |
| Beta (5Y) | 1.01 | 1.18 |
| Max Drawdown (5Y) | -32.10% | -49.95% |
| Avg. Volume (3M) | 2.44M | 563.34K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FTV | LII |
|---|---|---|
| Sharpe Ratio (1Y) | 0.99 | -0.77 |
| Sortino Ratio (1Y) | 1.51 | -0.96 |
Profitability
ROE (TTM)
Lennox (LII) at 62.82% 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%
LII
Capital Goods industry group
62.82%
- LII
- 62.82%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Fortive (FTV) at 14.83% and Lennox (LII) at 13.76% 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%
LII
Capital Goods industry group
13.76%
- Max
- 27.47%
- LII
- 13.76%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Fortive (FTV) at 21.30% and Lennox (LII) at 20.57% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
LII
Capital Goods industry group
20.57%
- Max
- 36.60%
- LII
- 20.57%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | FTV | LII |
|---|---|---|
| ROE (TTM) | 10.55% | 62.82% |
| ROA (TTM) | 4.61% | 15.93% |
| Net Margin (TTM) | 14.83% | 13.76% |
| Operating Margin (TTM) | 21.30% | 20.57% |
| Gross Margin (TTM) | 63.47% | 32.62% |
Growth
Revenue Growth
Fortive (FTV) at 1.92% is around its peer norm for revenue growth, while Lennox (LII) at -2.73% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Fortive (FTV) at -26.69% and Lennox (LII) at 1.11% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FTV | LII |
|---|---|---|
| Revenue Growth (YoY) | 1.92% | -2.73% |
| Revenue Growth (3Y CAGR) | -10.62% | 3.26% |
| EPS Growth (YoY) | -26.69% | 1.11% |
| EPS Growth (3Y CAGR) | -6.26% | 17.97% |
Financial Strength
Current Ratio (MRQ)
Both Fortive (FTV) at 1.23 and Lennox (LII) at 1.21 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
LII
Capital Goods industry group
1.21
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- LII
- 1.21
- Min
- 0.36
Debt / Equity (MRQ)
Fortive (FTV) at 0.60 carries an industry-typical debt-to-equity mix, while Lennox (LII) at 1.58 uses more debt funding than most peers.
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
LII
Capital Goods industry group
1.58
- Max
- 2.33
- LII
- 1.58
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | FTV | LII |
|---|---|---|
| Current Ratio (MRQ) | 1.23 | 1.21 |
| Debt / Equity (MRQ) | 0.60 | 1.58 |
| Net Debt / EBITDA | 2.45 | 1.73 |
Dividends
Dividend Yield (TTM)
Lennox (LII) at 1.53% delivers top-quartile income for its industry, while Fortive (FTV) at 0.38% pays a more typical yield — both are credible income propositions, LII the richer one.
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%
LII
Capital Goods industry group
1.53%
- Max
- 2.66%
- LII
- 1.53%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Fortive (FTV) at 11.85% and Lennox (LII) at 24.68% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
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%
LII
Capital Goods industry group
24.68%
- Max
- 67.39%
- Q3
- 28.02%
- LII
- 24.68%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FTV | LII |
|---|---|---|
| Dividend Yield (TTM) | 0.38% | 1.53% |
| Dividend Payout Ratio (TTM) | 11.85% | 24.68% |
Valuation
P/E Ratio (TTM)
Lennox (LII) at 15.47 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 LII, 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
LII
Capital Goods industry group
15.47
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- LII
- 15.47
- Min
- 3.03
P/S Ratio (TTM)
Lennox (LII) at 2.15 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
LII
Capital Goods industry group
2.15
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- LII
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Fortive (FTV) at 3.28 is valued about in line with its industry on P/B ratio, while Lennox (LII) at 8.88 carries an above-peer premium to book — LII is pricier on assets.
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
LII
Capital Goods industry group
8.88
- Max
- 9.66
- LII
- 8.88
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | FTV | LII |
|---|---|---|
| P/E Ratio (TTM) | 30.98 | 15.47 |
| P/S Ratio (TTM) | 4.43 | 2.15 |
| P/B Ratio (MRQ) | 3.28 | 8.88 |
| Free Cash Flow Yield (TTM) | 5.05% | 3.14% |