Fortive Corporation — Earnings Quality Grade F
FTV · Technology
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 60 days, change +1 days YoY
AR growth 3.4% vs revenue growth 1.9%
Revenue 1.9%, CFFO -29.1%. Cash follows revenue
Expense Quality
Inventory 8.2% vs COGS 3.8%. Normal
Insufficient data
SG&A/Gross Profit = 62.9%. Normal
Gross margin 63.5%, change -0.7pp. Stable
Cash Flow Quality
CFFO/NI = 1.87. Profits backed by cash
FCF $1.1B, FCF/NI = 1.87
Accruals ratio = -4.3%. Low accruals
Cash $0.4B covers only 11% of debt $3.3B
Balance Sheet Health
Goodwill+Intangibles $9.5B = 147% of equity. Over 50%
Debt/EBITDA = 2.8x. Healthy
Other assets -91.6% vs revenue 1.9%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -3% YoY. Normal
Manipulation Score
M-Score = -2.69 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-09