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

Fortive is the larger business by last-quarter revenue ($1.1B vs $750.6M, roughly 1.4× Envista Holdings Corp). Fortive runs the higher net margin — 12.8% vs 4.4%, a 8.4% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% vs 7.7%). Fortive produced more free cash flow last quarter ($193.8M vs $91.7M). Over the past eight quarters, Envista Holdings Corp's revenue compounded faster (9.7% 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...

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

FTV vs NVST — Head-to-Head

Bigger by revenue
FTV
FTV
1.4× larger
FTV
$1.1B
$750.6M
NVST
Growing faster (revenue YoY)
NVST
NVST
+7.3% gap
NVST
15.0%
7.7%
FTV
Higher net margin
FTV
FTV
8.4% more per $
FTV
12.8%
4.4%
NVST
More free cash flow
FTV
FTV
$102.1M more FCF
FTV
$193.8M
$91.7M
NVST
Faster 2-yr revenue CAGR
NVST
NVST
Annualised
NVST
9.7%
-17.0%
FTV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FTV
FTV
NVST
NVST
Revenue
$1.1B
$750.6M
Net Profit
$136.4M
$32.9M
Gross Margin
63.2%
54.7%
Operating Margin
17.9%
9.8%
Net Margin
12.8%
4.4%
Revenue YoY
7.7%
15.0%
Net Profit YoY
21.1%
2641.7%
EPS (diluted)
$0.44
$0.20

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
NVST
NVST
Q1 26
$1.1B
Q4 25
$1.1B
$750.6M
Q3 25
$1.0B
$669.9M
Q2 25
$1.5B
$682.1M
Q1 25
$1.5B
$616.9M
Q4 24
$1.6B
$652.9M
Q3 24
$1.5B
$601.0M
Q2 24
$1.6B
$633.1M
Net Profit
FTV
FTV
NVST
NVST
Q1 26
$136.4M
Q4 25
$185.7M
$32.9M
Q3 25
$55.0M
$-30.3M
Q2 25
$166.6M
$26.4M
Q1 25
$171.9M
$18.0M
Q4 24
$208.8M
$1.2M
Q3 24
$221.6M
$8.2M
Q2 24
$195.1M
$-1.2B
Gross Margin
FTV
FTV
NVST
NVST
Q1 26
63.2%
Q4 25
63.2%
54.7%
Q3 25
63.2%
55.3%
Q2 25
59.0%
54.2%
Q1 25
59.8%
54.5%
Q4 24
60.3%
57.1%
Q3 24
60.0%
52.8%
Q2 24
59.8%
51.6%
Operating Margin
FTV
FTV
NVST
NVST
Q1 26
17.9%
Q4 25
20.1%
9.8%
Q3 25
15.5%
8.6%
Q2 25
14.6%
6.8%
Q1 25
15.8%
6.3%
Q4 24
19.0%
7.1%
Q3 24
19.3%
3.5%
Q2 24
19.4%
-182.2%
Net Margin
FTV
FTV
NVST
NVST
Q1 26
12.8%
Q4 25
16.5%
4.4%
Q3 25
5.4%
-4.5%
Q2 25
11.0%
3.9%
Q1 25
11.7%
2.9%
Q4 24
12.9%
0.2%
Q3 24
14.4%
1.4%
Q2 24
12.6%
-181.9%
EPS (diluted)
FTV
FTV
NVST
NVST
Q1 26
$0.44
Q4 25
$0.60
$0.20
Q3 25
$0.16
$-0.18
Q2 25
$0.49
$0.16
Q1 25
$0.50
$0.10
Q4 24
$0.60
$0.00
Q3 24
$0.63
$0.05
Q2 24
$0.55
$-6.69

Balance Sheet & Financial Strength

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

Metric
FTV
FTV
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$356.1M
$1.2B
Total DebtLower is stronger
$3.5B
$1.4B
Stockholders' EquityBook value
$6.1B
$3.1B
Total Assets
$11.6B
$5.7B
Debt / EquityLower = less leverage
0.57×
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTV
FTV
NVST
NVST
Q1 26
$356.1M
Q4 25
$375.5M
$1.2B
Q3 25
$430.8M
$1.1B
Q2 25
$1.8B
$1.1B
Q1 25
$892.1M
$1.1B
Q4 24
$813.3M
$1.1B
Q3 24
$811.3M
$991.3M
Q2 24
$644.1M
$1.0B
Total Debt
FTV
FTV
NVST
NVST
Q1 26
$3.5B
Q4 25
$3.2B
$1.4B
Q3 25
$3.3B
$1.4B
Q2 25
$4.8B
$1.4B
Q1 25
$3.9B
$1.4B
Q4 24
$3.7B
$1.4B
Q3 24
$3.9B
$1.4B
Q2 24
$3.8B
$1.5B
Stockholders' Equity
FTV
FTV
NVST
NVST
Q1 26
$6.1B
Q4 25
$6.5B
$3.1B
Q3 25
$6.5B
$3.1B
Q2 25
$10.4B
$3.1B
Q1 25
$10.2B
$3.0B
Q4 24
$10.2B
$2.9B
Q3 24
$10.6B
$3.1B
Q2 24
$10.5B
$3.0B
Total Assets
FTV
FTV
NVST
NVST
Q1 26
$11.6B
Q4 25
$11.7B
$5.7B
Q3 25
$11.9B
$5.6B
Q2 25
$18.2B
$5.7B
Q1 25
$17.1B
$5.5B
Q4 24
$17.0B
$5.4B
Q3 24
$17.5B
$5.5B
Q2 24
$17.3B
$5.4B
Debt / Equity
FTV
FTV
NVST
NVST
Q1 26
0.57×
Q4 25
0.50×
0.47×
Q3 25
0.51×
0.47×
Q2 25
0.46×
0.46×
Q1 25
0.38×
0.47×
Q4 24
0.36×
0.48×
Q3 24
0.37×
0.46×
Q2 24
0.36×
0.51×

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
NVST
NVST
Operating Cash FlowLast quarter
$234.8M
$108.0M
Free Cash FlowOCF − Capex
$193.8M
$91.7M
FCF MarginFCF / Revenue
18.1%
12.2%
Capex IntensityCapex / Revenue
2.5%
2.2%
Cash ConversionOCF / Net Profit
1.72×
3.28×
TTM Free Cash FlowTrailing 4 quarters
$935.2M
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTV
FTV
NVST
NVST
Q1 26
$234.8M
Q4 25
$1.1B
$108.0M
Q3 25
$164.4M
$78.7M
Q2 25
$311.2M
$88.7M
Q1 25
$241.7M
$300.0K
Q4 24
$502.2M
$132.4M
Q3 24
$459.0M
$70.7M
Q2 24
$308.9M
$93.1M
Free Cash Flow
FTV
FTV
NVST
NVST
Q1 26
$193.8M
Q4 25
$313.8M
$91.7M
Q3 25
$153.1M
$67.9M
Q2 25
$274.5M
$76.4M
Q1 25
$215.0M
$-5.6M
Q4 24
$465.2M
$123.8M
Q3 24
$431.2M
$63.3M
Q2 24
$279.7M
$86.3M
FCF Margin
FTV
FTV
NVST
NVST
Q1 26
18.1%
Q4 25
28.0%
12.2%
Q3 25
14.9%
10.1%
Q2 25
18.1%
11.2%
Q1 25
14.6%
-0.9%
Q4 24
28.7%
19.0%
Q3 24
28.1%
10.5%
Q2 24
18.0%
13.6%
Capex Intensity
FTV
FTV
NVST
NVST
Q1 26
2.5%
Q4 25
2.7%
2.2%
Q3 25
1.1%
1.6%
Q2 25
2.4%
1.8%
Q1 25
1.8%
1.0%
Q4 24
2.3%
1.3%
Q3 24
1.8%
1.2%
Q2 24
1.9%
1.1%
Cash Conversion
FTV
FTV
NVST
NVST
Q1 26
1.72×
Q4 25
5.83×
3.28×
Q3 25
2.99×
Q2 25
1.87×
3.36×
Q1 25
1.41×
0.02×
Q4 24
2.41×
110.33×
Q3 24
2.07×
8.62×
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.

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

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