FTV vs. WAB: Fortive vs. Wabtec Stock Comparison

November 11, 2026

How do Fortive (FTV) and Wabtec (WAB) 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 Wabtec (WAB) both belong to the Machinery industry, though FTV is classified under Industrial Machinery & Supplies & Components while WAB falls under Construction Machinery & Heavy Transportation Equipment.

Company profile comparison for Fortive (FTV) and Wabtec (WAB)
Profile Item	FTV	WAB
Name	Fortive Corporation	Wabtec Corporation
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Machinery
GICS Sub-Industry	Industrial Machinery & Supplies & Components	Construction Machinery & Heavy Transportation Equipment
Market Capitalization	19.46 billion USD	47.59 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	July 5, 2016	June 16, 1995
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

FTV

WAB

GSPC

Fortive (FTV) vs. Wabtec (WAB), 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

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

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Fortive (FTV) and Wabtec (WAB)
Metric	FTV	WAB
Total Return (1Y)	31.85%	44.64%
Total Return (3Y, Annualized)	11.44%	39.37%
Total Return (5Y, Annualized)	3.01%	25.90%

Risk Profile

Drawdown History

FTV

WAB

GSPC

Fortive (FTV) vs. Wabtec (WAB), 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

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

Risk Metrics

Risk profile metrics for Fortive (FTV) and Wabtec (WAB)
Metric	FTV	WAB
Volatility (1Y, Annualized)	27.76%	27.53%
Beta (5Y)	1.01	0.91
Max Drawdown (5Y)	-32.10%	-23.55%
Avg. Volume (3M)	2.44M	890.96K

Risk-Adjusted Performance

Risk-Return Positioning

FTV and WAB 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 Wabtec (WAB)
Metric	FTV	WAB
Sharpe Ratio (1Y)	0.99	1.47
Sortino Ratio (1Y)	1.51	2.34

Profitability

ROE (TTM)

Both Fortive (FTV) at 10.55% and Wabtec (WAB) at 12.24% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

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%

WAB

Capital Goods industry group

12.24%

Max: 40.55%
Q3: 19.29%
WAB: 12.24%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

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

Net Margin (TTM)

Fortive (FTV) at 14.83% retains a top-quartile share of revenue as profit, ahead of Wabtec (WAB) at 11.20%, which keeps about the industry-typical share.

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%

WAB

Capital Goods industry group

11.20%

Max: 27.47%
Q3: 12.10%
WAB: 11.20%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Both Fortive (FTV) at 21.30% and Wabtec (WAB) at 20.22% 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%

WAB

Capital Goods industry group

20.22%

Max: 36.60%
WAB: 20.22%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Fortive (FTV) and Wabtec (WAB)
Metric	FTV	WAB
ROE (TTM)	10.55%	12.24%
ROA (TTM)	4.61%	6.28%
Net Margin (TTM)	14.83%	11.20%
Operating Margin (TTM)	21.30%	20.22%
Gross Margin (TTM)	63.47%	36.17%

Growth

Revenue Growth

Both Fortive (FTV) at 1.92% and Wabtec (WAB) at 7.51% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Both Fortive (FTV) at -26.69% and Wabtec (WAB) at 13.08% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for Fortive (FTV) and Wabtec (WAB)
Metric	FTV	WAB
Revenue Growth (YoY)	1.92%	7.51%
Revenue Growth (3Y CAGR)	-10.62%	10.12%
EPS Growth (YoY)	-26.69%	13.08%
EPS Growth (3Y CAGR)	-6.26%	25.44%

Financial Strength

Current Ratio (MRQ)

Both Fortive (FTV) at 1.23 and Wabtec (WAB) at 1.10 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

WAB

Capital Goods industry group

1.10

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
WAB: 1.10
Min: 0.36

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

Debt / Equity (MRQ)

Both Fortive (FTV) at 0.60 and Wabtec (WAB) at 0.60 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

WAB

Capital Goods industry group

0.60

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

Fortive (FTV) vs. Wabtec (WAB): 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 Wabtec (WAB)
Metric	FTV	WAB
Current Ratio (MRQ)	1.23	1.10
Debt / Equity (MRQ)	0.60	0.60
Net Debt / EBITDA	2.45	2.28

Dividends

Dividend Yield (TTM)

Both Fortive (FTV) at 0.38% and Wabtec (WAB) at 0.42% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

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%

WAB

Capital Goods industry group

0.42%

Max: 2.66%
Q3: 1.14%
WAB: 0.42%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both Fortive (FTV) at 11.85% and Wabtec (WAB) at 14.66% 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%

WAB

Capital Goods industry group

14.66%

Max: 67.39%
Q3: 28.02%
WAB: 14.66%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Fortive (FTV) and Wabtec (WAB)
Metric	FTV	WAB
Dividend Yield (TTM)	0.38%	0.42%
Dividend Payout Ratio (TTM)	11.85%	14.66%

Valuation

P/E Ratio (TTM)

Both Fortive (FTV) at 30.98 and Wabtec (WAB) at 35.23 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

WAB

Capital Goods industry group

35.23

Max: 59.38
Q3: 35.92
WAB: 35.23
Median: 25.41
Q1: 19.47
Min: 3.03

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

P/S Ratio (TTM)

Both Fortive (FTV) at 4.43 and Wabtec (WAB) at 3.90 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

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

WAB

Capital Goods industry group

3.90

Max: 7.54
WAB: 3.90
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Fortive (FTV) vs. Wabtec (WAB): 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 Wabtec (WAB) at 4.20 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

WAB

Capital Goods industry group

4.20

Max: 9.66
Q3: 5.00
WAB: 4.20
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Fortive (FTV) and Wabtec (WAB)
Metric	FTV	WAB
P/E Ratio (TTM)	30.98	35.23
P/S Ratio (TTM)	4.43	3.90
P/B Ratio (MRQ)	3.28	4.20
Free Cash Flow Yield (TTM)	5.05%	2.60%