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Side-by-side financial comparison of Fortive (FTV) and Liberty Energy Inc. (LBRT). Click either name above to swap in a different company.
Fortive is the larger business by last-quarter revenue ($1.1B vs $1.0B, roughly 1.0× Liberty Energy Inc.). Fortive runs the higher net margin — 12.8% vs 2.2%, a 10.5% gap on every dollar of revenue. On growth, Fortive posted the faster year-over-year revenue change (7.7% vs 4.5%). Over the past eight quarters, Liberty Energy Inc.'s revenue compounded faster (-6.2% CAGR vs -17.0%).
Fortive Corporation is an American industrial technology conglomerate company headquartered in Everett, Washington. The company specializes in providing essential technologies for connected workflow solutions; designing, developing, manufacturing and distributing professional and engineered products, software and services. Their products and services are split into three strategic segments; Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. As of Decem...
Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.
FTV vs LBRT — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.0B |
| Net Profit | $136.4M | $22.6M |
| Gross Margin | 63.2% | — |
| Operating Margin | 17.9% | 2.2% |
| Net Margin | 12.8% | 2.2% |
| Revenue YoY | 7.7% | 4.5% |
| Net Profit YoY | 21.1% | — |
| EPS (diluted) | $0.44 | $0.14 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.1B | $1.0B | ||
| Q4 25 | $1.1B | $1.0B | ||
| Q3 25 | $1.0B | $947.4M | ||
| Q2 25 | $1.5B | $1.0B | ||
| Q1 25 | $1.5B | $977.5M | ||
| Q4 24 | $1.6B | $943.6M | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.6B | $1.2B |
| Q1 26 | $136.4M | $22.6M | ||
| Q4 25 | $185.7M | $13.7M | ||
| Q3 25 | $55.0M | $43.1M | ||
| Q2 25 | $166.6M | $71.0M | ||
| Q1 25 | $171.9M | $20.1M | ||
| Q4 24 | $208.8M | $51.9M | ||
| Q3 24 | $221.6M | $73.8M | ||
| Q2 24 | $195.1M | $108.4M |
| Q1 26 | 63.2% | — | ||
| Q4 25 | 63.2% | 20.6% | ||
| Q3 25 | 63.2% | 18.7% | ||
| Q2 25 | 59.0% | 22.1% | ||
| Q1 25 | 59.8% | 22.1% | ||
| Q4 24 | 60.3% | 21.4% | ||
| Q3 24 | 60.0% | 26.2% | ||
| Q2 24 | 59.8% | 27.9% |
| Q1 26 | 17.9% | 2.2% | ||
| Q4 25 | 20.1% | 1.9% | ||
| Q3 25 | 15.5% | -0.3% | ||
| Q2 25 | 14.6% | 3.6% | ||
| Q1 25 | 15.8% | 1.9% | ||
| Q4 24 | 19.0% | 2.6% | ||
| Q3 24 | 19.3% | 9.4% | ||
| Q2 24 | 19.4% | 12.2% |
| Q1 26 | 12.8% | 2.2% | ||
| Q4 25 | 16.5% | 1.3% | ||
| Q3 25 | 5.4% | 4.5% | ||
| Q2 25 | 11.0% | 6.8% | ||
| Q1 25 | 11.7% | 2.1% | ||
| Q4 24 | 12.9% | 5.5% | ||
| Q3 24 | 14.4% | 6.5% | ||
| Q2 24 | 12.6% | 9.3% |
| Q1 26 | $0.44 | $0.14 | ||
| Q4 25 | $0.60 | $0.08 | ||
| Q3 25 | $0.16 | $0.26 | ||
| Q2 25 | $0.49 | $0.43 | ||
| Q1 25 | $0.50 | $0.12 | ||
| Q4 24 | $0.60 | $0.31 | ||
| Q3 24 | $0.63 | $0.44 | ||
| Q2 24 | $0.55 | $0.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $356.1M | $699.1M |
| Total DebtLower is stronger | $3.5B | $7.1M |
| Stockholders' EquityBook value | $6.1B | $1.9B |
| Total Assets | $11.6B | $4.4B |
| Debt / EquityLower = less leverage | 0.57× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $356.1M | $699.1M | ||
| Q4 25 | $375.5M | $27.6M | ||
| Q3 25 | $430.8M | $13.5M | ||
| Q2 25 | $1.8B | $19.6M | ||
| Q1 25 | $892.1M | $24.1M | ||
| Q4 24 | $813.3M | $20.0M | ||
| Q3 24 | $811.3M | $23.0M | ||
| Q2 24 | $644.1M | $30.0M |
| Q1 26 | $3.5B | $7.1M | ||
| Q4 25 | $3.2B | $246.6M | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $4.8B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $3.7B | $190.5M | ||
| Q3 24 | $3.9B | — | ||
| Q2 24 | $3.8B | — |
| Q1 26 | $6.1B | $1.9B | ||
| Q4 25 | $6.5B | $2.1B | ||
| Q3 25 | $6.5B | $2.1B | ||
| Q2 25 | $10.4B | $2.0B | ||
| Q1 25 | $10.2B | $2.0B | ||
| Q4 24 | $10.2B | $2.0B | ||
| Q3 24 | $10.6B | $2.0B | ||
| Q2 24 | $10.5B | $1.9B |
| Q1 26 | $11.6B | $4.4B | ||
| Q4 25 | $11.7B | $3.6B | ||
| Q3 25 | $11.9B | $3.5B | ||
| Q2 25 | $18.2B | $3.4B | ||
| Q1 25 | $17.1B | $3.4B | ||
| Q4 24 | $17.0B | $3.3B | ||
| Q3 24 | $17.5B | $3.3B | ||
| Q2 24 | $17.3B | $3.2B |
| Q1 26 | 0.57× | 0.00× | ||
| Q4 25 | 0.50× | 0.12× | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.38× | — | ||
| Q4 24 | 0.36× | 0.10× | ||
| Q3 24 | 0.37× | — | ||
| Q2 24 | 0.36× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $234.8M | — |
| Free Cash FlowOCF − Capex | $193.8M | — |
| FCF MarginFCF / Revenue | 18.1% | — |
| Capex IntensityCapex / Revenue | 2.5% | 13.1% |
| Cash ConversionOCF / Net Profit | 1.72× | — |
| TTM Free Cash FlowTrailing 4 quarters | $935.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $234.8M | — | ||
| Q4 25 | $1.1B | $195.4M | ||
| Q3 25 | $164.4M | $51.5M | ||
| Q2 25 | $311.2M | $170.6M | ||
| Q1 25 | $241.7M | $192.1M | ||
| Q4 24 | $502.2M | $177.3M | ||
| Q3 24 | $459.0M | $244.5M | ||
| Q2 24 | $308.9M | $248.2M |
| Q1 26 | $193.8M | — | ||
| Q4 25 | $313.8M | $-10.0M | ||
| Q3 25 | $153.1M | $-67.2M | ||
| Q2 25 | $274.5M | $33.1M | ||
| Q1 25 | $215.0M | $58.2M | ||
| Q4 24 | $465.2M | $-26.2M | ||
| Q3 24 | $431.2M | $77.9M | ||
| Q2 24 | $279.7M | $112.2M |
| Q1 26 | 18.1% | — | ||
| Q4 25 | 28.0% | -1.0% | ||
| Q3 25 | 14.9% | -7.1% | ||
| Q2 25 | 18.1% | 3.2% | ||
| Q1 25 | 14.6% | 6.0% | ||
| Q4 24 | 28.7% | -2.8% | ||
| Q3 24 | 28.1% | 6.8% | ||
| Q2 24 | 18.0% | 9.7% |
| Q1 26 | 2.5% | 13.1% | ||
| Q4 25 | 2.7% | 19.8% | ||
| Q3 25 | 1.1% | 12.5% | ||
| Q2 25 | 2.4% | 13.2% | ||
| Q1 25 | 1.8% | 13.7% | ||
| Q4 24 | 2.3% | 21.6% | ||
| Q3 24 | 1.8% | 14.6% | ||
| Q2 24 | 1.9% | 11.7% |
| Q1 26 | 1.72× | — | ||
| Q4 25 | 5.83× | 14.28× | ||
| Q3 25 | 2.99× | 1.20× | ||
| Q2 25 | 1.87× | 2.40× | ||
| Q1 25 | 1.41× | 9.55× | ||
| Q4 24 | 2.41× | 3.42× | ||
| Q3 24 | 2.07× | 3.31× | ||
| Q2 24 | 1.58× | 2.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
