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Side-by-side financial comparison of Fortive (FTV) and NEW JERSEY RESOURCES CORP (NJR). Click either name above to swap in a different company.

Fortive is the larger business by last-quarter revenue ($1.1B vs $939.4M, roughly 1.1× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs 12.8%, a 10.5% gap on every dollar of revenue. On growth, Fortive posted the faster year-over-year revenue change (7.7% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% 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...

New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.

FTV vs NJR — Head-to-Head

Bigger by revenue
FTV
FTV
1.1× larger
FTV
$1.1B
$939.4M
NJR
Growing faster (revenue YoY)
FTV
FTV
+40.6% gap
FTV
7.7%
-33.0%
NJR
Higher net margin
NJR
NJR
10.5% more per $
NJR
23.3%
12.8%
FTV
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
111.6%
-17.0%
FTV

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
FTV
FTV
NJR
NJR
Revenue
$1.1B
$939.4M
Net Profit
$136.4M
$218.9M
Gross Margin
63.2%
Operating Margin
17.9%
32.0%
Net Margin
12.8%
23.3%
Revenue YoY
7.7%
-33.0%
Net Profit YoY
21.1%
7.2%
EPS (diluted)
$0.44
$2.16

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
NJR
NJR
Q1 26
$1.1B
$939.4M
Q4 25
$1.1B
$440.9M
Q3 25
$1.0B
$188.3M
Q2 25
$1.5B
$234.8M
Q1 25
$1.5B
$569.2M
Q4 24
$1.6B
$359.0M
Q3 24
$1.5B
$265.7M
Q2 24
$1.6B
$209.9M
Net Profit
FTV
FTV
NJR
NJR
Q1 26
$136.4M
$218.9M
Q4 25
$185.7M
$122.5M
Q3 25
$55.0M
$15.1M
Q2 25
$166.6M
$-15.1M
Q1 25
$171.9M
$204.3M
Q4 24
$208.8M
$131.3M
Q3 24
$221.6M
$91.1M
Q2 24
$195.1M
$-11.6M
Gross Margin
FTV
FTV
NJR
NJR
Q1 26
63.2%
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%
Operating Margin
FTV
FTV
NJR
NJR
Q1 26
17.9%
32.0%
Q4 25
20.1%
40.6%
Q3 25
15.5%
21.5%
Q2 25
14.6%
-0.5%
Q1 25
15.8%
49.2%
Q4 24
19.0%
52.8%
Q3 24
19.3%
55.0%
Q2 24
19.4%
2.8%
Net Margin
FTV
FTV
NJR
NJR
Q1 26
12.8%
23.3%
Q4 25
16.5%
27.8%
Q3 25
5.4%
8.0%
Q2 25
11.0%
-6.4%
Q1 25
11.7%
35.9%
Q4 24
12.9%
36.6%
Q3 24
14.4%
34.3%
Q2 24
12.6%
-5.5%
EPS (diluted)
FTV
FTV
NJR
NJR
Q1 26
$0.44
$2.16
Q4 25
$0.60
$1.21
Q3 25
$0.16
$0.15
Q2 25
$0.49
$-0.15
Q1 25
$0.50
$2.02
Q4 24
$0.60
$1.31
Q3 24
$0.63
$0.91
Q2 24
$0.55
$-0.12

Balance Sheet & Financial Strength

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

Metric
FTV
FTV
NJR
NJR
Cash + ST InvestmentsLiquidity on hand
$356.1M
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$6.1B
Total Assets
$11.6B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTV
FTV
NJR
NJR
Q1 26
$356.1M
Q4 25
$375.5M
$2.4M
Q3 25
$430.8M
$591.0K
Q2 25
$1.8B
$931.0K
Q1 25
$892.1M
$83.7M
Q4 24
$813.3M
$1.9M
Q3 24
$811.3M
$1.0M
Q2 24
$644.1M
$22.4M
Total Debt
FTV
FTV
NJR
NJR
Q1 26
$3.5B
Q4 25
$3.2B
$3.3B
Q3 25
$3.3B
$3.3B
Q2 25
$4.8B
$3.0B
Q1 25
$3.9B
$3.0B
Q4 24
$3.7B
$3.0B
Q3 24
$3.9B
$2.9B
Q2 24
$3.8B
$2.8B
Stockholders' Equity
FTV
FTV
NJR
NJR
Q1 26
$6.1B
Q4 25
$6.5B
$2.5B
Q3 25
$6.5B
$2.4B
Q2 25
$10.4B
$2.4B
Q1 25
$10.2B
$2.5B
Q4 24
$10.2B
$2.3B
Q3 24
$10.6B
$2.2B
Q2 24
$10.5B
$2.1B
Total Assets
FTV
FTV
NJR
NJR
Q1 26
$11.6B
Q4 25
$11.7B
$7.9B
Q3 25
$11.9B
$7.6B
Q2 25
$18.2B
$7.3B
Q1 25
$17.1B
$7.3B
Q4 24
$17.0B
$7.2B
Q3 24
$17.5B
$7.0B
Q2 24
$17.3B
$6.8B
Debt / Equity
FTV
FTV
NJR
NJR
Q1 26
0.57×
Q4 25
0.50×
1.32×
Q3 25
0.51×
1.36×
Q2 25
0.46×
1.25×
Q1 25
0.38×
1.20×
Q4 24
0.36×
1.29×
Q3 24
0.37×
1.31×
Q2 24
0.36×
1.30×

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
NJR
NJR
Operating Cash FlowLast quarter
$234.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTV
FTV
NJR
NJR
Q1 26
$234.8M
Q4 25
$1.1B
$26.7M
Q3 25
$164.4M
$81.2M
Q2 25
$311.2M
$-28.9M
Q1 25
$241.7M
$423.0M
Q4 24
$502.2M
$-9.0M
Q3 24
$459.0M
$64.5M
Q2 24
$308.9M
$24.3M
Free Cash Flow
FTV
FTV
NJR
NJR
Q1 26
Q4 25
$313.8M
Q3 25
$153.1M
Q2 25
$274.5M
Q1 25
$215.0M
Q4 24
$465.2M
Q3 24
$431.2M
Q2 24
$279.7M
FCF Margin
FTV
FTV
NJR
NJR
Q1 26
Q4 25
28.0%
Q3 25
14.9%
Q2 25
18.1%
Q1 25
14.6%
Q4 24
28.7%
Q3 24
28.1%
Q2 24
18.0%
Capex Intensity
FTV
FTV
NJR
NJR
Q1 26
2.5%
Q4 25
2.7%
Q3 25
1.1%
Q2 25
2.4%
Q1 25
1.8%
Q4 24
2.3%
Q3 24
1.8%
Q2 24
1.9%
Cash Conversion
FTV
FTV
NJR
NJR
Q1 26
1.72×
Q4 25
5.83×
0.22×
Q3 25
2.99×
5.39×
Q2 25
1.87×
Q1 25
1.41×
2.07×
Q4 24
2.41×
-0.07×
Q3 24
2.07×
0.71×
Q2 24
1.58×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTV
FTV

Segment breakdown not available.

NJR
NJR

Utility$640.9M68%
Nonutility$298.5M32%

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