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Side-by-side financial comparison of Fortive (FTV) and PAR PACIFIC HOLDINGS, INC. (PARR). Click either name above to swap in a different company.

PAR PACIFIC HOLDINGS, INC. is the larger business by last-quarter revenue ($1.8B vs $1.1B, roughly 1.7× Fortive). Fortive runs the higher net margin — 12.8% vs 4.3%, a 8.5% gap on every dollar of revenue. On growth, Fortive posted the faster year-over-year revenue change (7.7% vs -1.0%). Fortive produced more free cash flow last quarter ($193.8M vs $66.3M). Over the past eight quarters, PAR PACIFIC HOLDINGS, INC.'s revenue compounded faster (-4.3% 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...

Par Pacific Holdings is a Houston-based American oil and gas exploration and production company. Known as Par Petroleum Corporation after it emerged from bankruptcy, it was renamed Par Pacific Holdings on October 20, 2015. As of 2017 it was a Fortune 1000 corporation.

FTV vs PARR — Head-to-Head

Bigger by revenue
PARR
PARR
1.7× larger
PARR
$1.8B
$1.1B
FTV
Growing faster (revenue YoY)
FTV
FTV
+8.7% gap
FTV
7.7%
-1.0%
PARR
Higher net margin
FTV
FTV
8.5% more per $
FTV
12.8%
4.3%
PARR
More free cash flow
FTV
FTV
$127.5M more FCF
FTV
$193.8M
$66.3M
PARR
Faster 2-yr revenue CAGR
PARR
PARR
Annualised
PARR
-4.3%
-17.0%
FTV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FTV
FTV
PARR
PARR
Revenue
$1.1B
$1.8B
Net Profit
$136.4M
$77.7M
Gross Margin
63.2%
Operating Margin
17.9%
5.5%
Net Margin
12.8%
4.3%
Revenue YoY
7.7%
-1.0%
Net Profit YoY
21.1%
239.5%
EPS (diluted)
$0.44
$1.40

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
PARR
PARR
Q1 26
$1.1B
Q4 25
$1.1B
$1.8B
Q3 25
$1.0B
$2.0B
Q2 25
$1.5B
$1.9B
Q1 25
$1.5B
$1.7B
Q4 24
$1.6B
$1.8B
Q3 24
$1.5B
$2.1B
Q2 24
$1.6B
$2.0B
Net Profit
FTV
FTV
PARR
PARR
Q1 26
$136.4M
Q4 25
$185.7M
$77.7M
Q3 25
$55.0M
$262.6M
Q2 25
$166.6M
$59.5M
Q1 25
$171.9M
$-30.4M
Q4 24
$208.8M
$-55.7M
Q3 24
$221.6M
$7.5M
Q2 24
$195.1M
$18.6M
Gross Margin
FTV
FTV
PARR
PARR
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
PARR
PARR
Q1 26
17.9%
Q4 25
20.1%
5.5%
Q3 25
15.5%
17.8%
Q2 25
14.6%
5.1%
Q1 25
15.8%
-0.9%
Q4 24
19.0%
-2.6%
Q3 24
19.3%
1.7%
Q2 24
19.4%
2.4%
Net Margin
FTV
FTV
PARR
PARR
Q1 26
12.8%
Q4 25
16.5%
4.3%
Q3 25
5.4%
13.0%
Q2 25
11.0%
3.1%
Q1 25
11.7%
-1.7%
Q4 24
12.9%
-3.0%
Q3 24
14.4%
0.3%
Q2 24
12.6%
0.9%
EPS (diluted)
FTV
FTV
PARR
PARR
Q1 26
$0.44
Q4 25
$0.60
$1.40
Q3 25
$0.16
$5.16
Q2 25
$0.49
$1.17
Q1 25
$0.50
$-0.57
Q4 24
$0.60
$-0.98
Q3 24
$0.63
$0.13
Q2 24
$0.55
$0.32

Balance Sheet & Financial Strength

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

Metric
FTV
FTV
PARR
PARR
Cash + ST InvestmentsLiquidity on hand
$356.1M
$164.1M
Total DebtLower is stronger
$3.5B
$802.9M
Stockholders' EquityBook value
$6.1B
$1.5B
Total Assets
$11.6B
$3.8B
Debt / EquityLower = less leverage
0.57×
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTV
FTV
PARR
PARR
Q1 26
$356.1M
Q4 25
$375.5M
$164.1M
Q3 25
$430.8M
$159.1M
Q2 25
$1.8B
$169.2M
Q1 25
$892.1M
$133.7M
Q4 24
$813.3M
$191.9M
Q3 24
$811.3M
$183.0M
Q2 24
$644.1M
$179.7M
Total Debt
FTV
FTV
PARR
PARR
Q1 26
$3.5B
Q4 25
$3.2B
$802.9M
Q3 25
$3.3B
$967.1M
Q2 25
$4.8B
$1.1B
Q1 25
$3.9B
$1.2B
Q4 24
$3.7B
$1.1B
Q3 24
$3.9B
$1.0B
Q2 24
$3.8B
$1.1B
Stockholders' Equity
FTV
FTV
PARR
PARR
Q1 26
$6.1B
Q4 25
$6.5B
$1.5B
Q3 25
$6.5B
$1.4B
Q2 25
$10.4B
$1.1B
Q1 25
$10.2B
$1.1B
Q4 24
$10.2B
$1.2B
Q3 24
$10.6B
$1.3B
Q2 24
$10.5B
$1.3B
Total Assets
FTV
FTV
PARR
PARR
Q1 26
$11.6B
Q4 25
$11.7B
$3.8B
Q3 25
$11.9B
$4.1B
Q2 25
$18.2B
$3.9B
Q1 25
$17.1B
$3.8B
Q4 24
$17.0B
$3.8B
Q3 24
$17.5B
$3.9B
Q2 24
$17.3B
$3.9B
Debt / Equity
FTV
FTV
PARR
PARR
Q1 26
0.57×
Q4 25
0.50×
0.53×
Q3 25
0.51×
0.69×
Q2 25
0.46×
0.97×
Q1 25
0.38×
1.04×
Q4 24
0.36×
0.93×
Q3 24
0.37×
0.83×
Q2 24
0.36×
0.84×

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
PARR
PARR
Operating Cash FlowLast quarter
$234.8M
$93.8M
Free Cash FlowOCF − Capex
$193.8M
$66.3M
FCF MarginFCF / Revenue
18.1%
3.7%
Capex IntensityCapex / Revenue
2.5%
1.5%
Cash ConversionOCF / Net Profit
1.72×
1.21×
TTM Free Cash FlowTrailing 4 quarters
$935.2M
$296.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTV
FTV
PARR
PARR
Q1 26
$234.8M
Q4 25
$1.1B
$93.8M
Q3 25
$164.4M
$219.4M
Q2 25
$311.2M
$133.6M
Q1 25
$241.7M
$-1.4M
Q4 24
$502.2M
$-15.5M
Q3 24
$459.0M
$78.5M
Q2 24
$308.9M
$-4.7M
Free Cash Flow
FTV
FTV
PARR
PARR
Q1 26
$193.8M
Q4 25
$313.8M
$66.3M
Q3 25
$153.1M
$187.1M
Q2 25
$274.5M
$85.5M
Q1 25
$215.0M
$-42.3M
Q4 24
$465.2M
$-63.1M
Q3 24
$431.2M
$50.2M
Q2 24
$279.7M
$-41.6M
FCF Margin
FTV
FTV
PARR
PARR
Q1 26
18.1%
Q4 25
28.0%
3.7%
Q3 25
14.9%
9.3%
Q2 25
18.1%
4.5%
Q1 25
14.6%
-2.4%
Q4 24
28.7%
-3.4%
Q3 24
28.1%
2.3%
Q2 24
18.0%
-2.1%
Capex Intensity
FTV
FTV
PARR
PARR
Q1 26
2.5%
Q4 25
2.7%
1.5%
Q3 25
1.1%
1.6%
Q2 25
2.4%
2.5%
Q1 25
1.8%
2.3%
Q4 24
2.3%
2.6%
Q3 24
1.8%
1.3%
Q2 24
1.9%
1.8%
Cash Conversion
FTV
FTV
PARR
PARR
Q1 26
1.72×
Q4 25
5.83×
1.21×
Q3 25
2.99×
0.84×
Q2 25
1.87×
2.25×
Q1 25
1.41×
Q4 24
2.41×
Q3 24
2.07×
10.48×
Q2 24
1.58×
-0.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTV
FTV

Segment breakdown not available.

PARR
PARR

Distillates$750.6M41%
Gasoline$603.9M33%
Other Refined Products$348.8M19%
Logistics$73.7M4%
Other Revenues$44.8M2%

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