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Side-by-side financial comparison of Fortive (FTV) and Noble Corp plc (NE). Click either name above to swap in a different company.

Fortive is the larger business by last-quarter revenue ($1.1B vs $764.4M, roughly 1.5× Noble Corp plc). Fortive runs the higher net margin — 16.5% vs 11.3%, a 5.2% gap on every dollar of revenue. On growth, Fortive posted the faster year-over-year revenue change (4.6% vs -17.6%). Fortive produced more free cash flow last quarter ($313.8M vs $35.4M). Over the past eight quarters, Noble Corp plc's revenue compounded faster (9.5% CAGR vs -14.2%).

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...

Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.

FTV vs NE — Head-to-Head

Bigger by revenue
FTV
FTV
1.5× larger
FTV
$1.1B
$764.4M
NE
Growing faster (revenue YoY)
FTV
FTV
+22.2% gap
FTV
4.6%
-17.6%
NE
Higher net margin
FTV
FTV
5.2% more per $
FTV
16.5%
11.3%
NE
More free cash flow
FTV
FTV
$278.4M more FCF
FTV
$313.8M
$35.4M
NE
Faster 2-yr revenue CAGR
NE
NE
Annualised
NE
9.5%
-14.2%
FTV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FTV
FTV
NE
NE
Revenue
$1.1B
$764.4M
Net Profit
$185.7M
$86.6M
Gross Margin
63.2%
Operating Margin
20.1%
5.6%
Net Margin
16.5%
11.3%
Revenue YoY
4.6%
-17.6%
Net Profit YoY
10.4%
-10.4%
EPS (diluted)
$0.60
$0.54

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.

Revenue
FTV
FTV
NE
NE
Q4 25
$1.1B
$764.4M
Q3 25
$1.0B
$798.0M
Q2 25
$1.5B
$848.7M
Q1 25
$1.5B
$874.5M
Q4 24
$1.6B
$927.3M
Q3 24
$1.5B
$800.5M
Q2 24
$1.6B
$692.8M
Q1 24
$1.5B
$637.1M
Net Profit
FTV
FTV
NE
NE
Q4 25
$185.7M
$86.6M
Q3 25
$55.0M
$-21.1M
Q2 25
$166.6M
$42.9M
Q1 25
$171.9M
$108.3M
Q4 24
$208.8M
$96.6M
Q3 24
$221.6M
$61.2M
Q2 24
$195.1M
$195.0M
Q1 24
$207.4M
$95.5M
Gross Margin
FTV
FTV
NE
NE
Q4 25
63.2%
Q3 25
63.2%
Q2 25
59.0%
Q1 25
59.8%
Q4 24
60.3%
Q3 24
60.0%
Q2 24
59.8%
Q1 24
59.3%
Operating Margin
FTV
FTV
NE
NE
Q4 25
20.1%
5.6%
Q3 25
15.5%
6.3%
Q2 25
14.6%
15.9%
Q1 25
15.8%
21.4%
Q4 24
19.0%
18.4%
Q3 24
19.3%
14.4%
Q2 24
19.4%
30.3%
Q1 24
19.8%
16.9%
Net Margin
FTV
FTV
NE
NE
Q4 25
16.5%
11.3%
Q3 25
5.4%
-2.6%
Q2 25
11.0%
5.1%
Q1 25
11.7%
12.4%
Q4 24
12.9%
10.4%
Q3 24
14.4%
7.6%
Q2 24
12.6%
28.1%
Q1 24
13.6%
15.0%
EPS (diluted)
FTV
FTV
NE
NE
Q4 25
$0.60
$0.54
Q3 25
$0.16
$-0.13
Q2 25
$0.49
$0.27
Q1 25
$0.50
$0.67
Q4 24
$0.60
$0.56
Q3 24
$0.63
$0.40
Q2 24
$0.55
$1.34
Q1 24
$0.58
$0.66

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FTV
FTV
NE
NE
Cash + ST InvestmentsLiquidity on hand
$375.5M
$471.4M
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$6.5B
$4.5B
Total Assets
$11.7B
$7.5B
Debt / EquityLower = less leverage
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTV
FTV
NE
NE
Q4 25
$375.5M
$471.4M
Q3 25
$430.8M
$477.9M
Q2 25
$1.8B
$338.2M
Q1 25
$892.1M
$303.8M
Q4 24
$813.3M
$247.3M
Q3 24
$811.3M
$391.9M
Q2 24
$644.1M
$162.9M
Q1 24
$704.6M
$212.5M
Total Debt
FTV
FTV
NE
NE
Q4 25
$3.2B
Q3 25
$3.3B
Q2 25
$4.8B
Q1 25
$3.9B
Q4 24
$3.7B
Q3 24
$3.9B
Q2 24
$3.8B
Q1 24
$3.9B
Stockholders' Equity
FTV
FTV
NE
NE
Q4 25
$6.5B
$4.5B
Q3 25
$6.5B
$4.5B
Q2 25
$10.4B
$4.6B
Q1 25
$10.2B
$4.7B
Q4 24
$10.2B
$4.7B
Q3 24
$10.6B
$4.7B
Q2 24
$10.5B
$4.0B
Q1 24
$10.5B
$3.9B
Total Assets
FTV
FTV
NE
NE
Q4 25
$11.7B
$7.5B
Q3 25
$11.9B
$7.6B
Q2 25
$18.2B
$7.7B
Q1 25
$17.1B
$7.9B
Q4 24
$17.0B
$8.0B
Q3 24
$17.5B
$8.0B
Q2 24
$17.3B
$5.6B
Q1 24
$17.5B
$5.4B
Debt / Equity
FTV
FTV
NE
NE
Q4 25
0.50×
Q3 25
0.51×
Q2 25
0.46×
Q1 25
0.38×
Q4 24
0.36×
Q3 24
0.37×
Q2 24
0.36×
Q1 24
0.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FTV
FTV
NE
NE
Operating Cash FlowLast quarter
$1.1B
$187.1M
Free Cash FlowOCF − Capex
$313.8M
$35.4M
FCF MarginFCF / Revenue
28.0%
4.6%
Capex IntensityCapex / Revenue
2.7%
19.9%
Cash ConversionOCF / Net Profit
5.83×
2.16×
TTM Free Cash FlowTrailing 4 quarters
$956.4M
$432.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTV
FTV
NE
NE
Q4 25
$1.1B
$187.1M
Q3 25
$164.4M
$277.1M
Q2 25
$311.2M
$216.4M
Q1 25
$241.7M
$271.1M
Q4 24
$502.2M
$136.2M
Q3 24
$459.0M
$283.8M
Q2 24
$308.9M
$106.8M
Q1 24
$256.7M
$128.7M
Free Cash Flow
FTV
FTV
NE
NE
Q4 25
$313.8M
$35.4M
Q3 25
$153.1M
$139.5M
Q2 25
$274.5M
$99.8M
Q1 25
$215.0M
$157.5M
Q4 24
$465.2M
$-4.4M
Q3 24
$431.2M
$156.8M
Q2 24
$279.7M
$-34.3M
Q1 24
$230.3M
$-37.9M
FCF Margin
FTV
FTV
NE
NE
Q4 25
28.0%
4.6%
Q3 25
14.9%
17.5%
Q2 25
18.1%
11.8%
Q1 25
14.6%
18.0%
Q4 24
28.7%
-0.5%
Q3 24
28.1%
19.6%
Q2 24
18.0%
-4.9%
Q1 24
15.1%
-6.0%
Capex Intensity
FTV
FTV
NE
NE
Q4 25
2.7%
19.9%
Q3 25
1.1%
17.3%
Q2 25
2.4%
13.7%
Q1 25
1.8%
13.0%
Q4 24
2.3%
15.2%
Q3 24
1.8%
15.9%
Q2 24
1.9%
20.4%
Q1 24
1.7%
26.2%
Cash Conversion
FTV
FTV
NE
NE
Q4 25
5.83×
2.16×
Q3 25
2.99×
Q2 25
1.87×
5.05×
Q1 25
1.41×
2.50×
Q4 24
2.41×
1.41×
Q3 24
2.07×
4.64×
Q2 24
1.58×
0.55×
Q1 24
1.24×
1.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FTV
FTV

Segment breakdown not available.

NE
NE

Floaters$559.8M73%
Jackups$145.5M19%
Service Other$59.1M8%

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