vs

Side-by-side financial comparison of Fortive (FTV) and Public Storage (PSA). Click either name above to swap in a different company.

Public Storage is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.1× Fortive). Public Storage runs the higher net margin — 41.7% vs 12.8%, a 29.0% gap on every dollar of revenue. On growth, Fortive posted the faster year-over-year revenue change (7.7% vs 3.3%). Over the past eight quarters, Public Storage's revenue compounded faster (2.5% 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...

Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space.

FTV vs PSA — Head-to-Head

Bigger by revenue
PSA
PSA
1.1× larger
PSA
$1.2B
$1.1B
FTV
Growing faster (revenue YoY)
FTV
FTV
+4.4% gap
FTV
7.7%
3.3%
PSA
Higher net margin
PSA
PSA
29.0% more per $
PSA
41.7%
12.8%
FTV
Faster 2-yr revenue CAGR
PSA
PSA
Annualised
PSA
2.5%
-17.0%
FTV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FTV
FTV
PSA
PSA
Revenue
$1.1B
$1.2B
Net Profit
$136.4M
$507.1M
Gross Margin
63.2%
Operating Margin
17.9%
40.7%
Net Margin
12.8%
41.7%
Revenue YoY
7.7%
3.3%
Net Profit YoY
21.1%
-17.5%
EPS (diluted)
$0.44
$2.59

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
PSA
PSA
Q1 26
$1.1B
Q4 25
$1.1B
$1.2B
Q3 25
$1.0B
$1.2B
Q2 25
$1.5B
$1.2B
Q1 25
$1.5B
$1.2B
Q4 24
$1.6B
$1.2B
Q3 24
$1.5B
$1.2B
Q2 24
$1.6B
$1.2B
Net Profit
FTV
FTV
PSA
PSA
Q1 26
$136.4M
Q4 25
$185.7M
$507.1M
Q3 25
$55.0M
$511.1M
Q2 25
$166.6M
$358.4M
Q1 25
$171.9M
$407.8M
Q4 24
$208.8M
$614.6M
Q3 24
$221.6M
$430.3M
Q2 24
$195.1M
$518.1M
Gross Margin
FTV
FTV
PSA
PSA
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
PSA
PSA
Q1 26
17.9%
Q4 25
20.1%
40.7%
Q3 25
15.5%
42.3%
Q2 25
14.6%
30.4%
Q1 25
15.8%
34.8%
Q4 24
19.0%
52.4%
Q3 24
19.3%
36.7%
Q2 24
19.4%
44.6%
Net Margin
FTV
FTV
PSA
PSA
Q1 26
12.8%
Q4 25
16.5%
41.7%
Q3 25
5.4%
41.8%
Q2 25
11.0%
29.8%
Q1 25
11.7%
34.5%
Q4 24
12.9%
52.2%
Q3 24
14.4%
36.2%
Q2 24
12.6%
44.2%
EPS (diluted)
FTV
FTV
PSA
PSA
Q1 26
$0.44
Q4 25
$0.60
$2.59
Q3 25
$0.16
$2.62
Q2 25
$0.49
$1.76
Q1 25
$0.50
$2.04
Q4 24
$0.60
$3.22
Q3 24
$0.63
$2.16
Q2 24
$0.55
$2.66

Balance Sheet & Financial Strength

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

Metric
FTV
FTV
PSA
PSA
Cash + ST InvestmentsLiquidity on hand
$356.1M
$318.1M
Total DebtLower is stronger
$3.5B
$10.3B
Stockholders' EquityBook value
$6.1B
$9.2B
Total Assets
$11.6B
$20.2B
Debt / EquityLower = less leverage
0.57×
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTV
FTV
PSA
PSA
Q1 26
$356.1M
Q4 25
$375.5M
$318.1M
Q3 25
$430.8M
$296.5M
Q2 25
$1.8B
$1.1B
Q1 25
$892.1M
$287.2M
Q4 24
$813.3M
$447.4M
Q3 24
$811.3M
$599.0M
Q2 24
$644.1M
$542.3M
Total Debt
FTV
FTV
PSA
PSA
Q1 26
$3.5B
Q4 25
$3.2B
$10.3B
Q3 25
$3.3B
$10.0B
Q2 25
$4.8B
$10.4B
Q1 25
$3.9B
$9.4B
Q4 24
$3.7B
$9.4B
Q3 24
$3.9B
$9.5B
Q2 24
$3.8B
$9.4B
Stockholders' Equity
FTV
FTV
PSA
PSA
Q1 26
$6.1B
Q4 25
$6.5B
$9.2B
Q3 25
$6.5B
$9.3B
Q2 25
$10.4B
$9.4B
Q1 25
$10.2B
$9.6B
Q4 24
$10.2B
$9.7B
Q3 24
$10.6B
$9.6B
Q2 24
$10.5B
$9.7B
Total Assets
FTV
FTV
PSA
PSA
Q1 26
$11.6B
Q4 25
$11.7B
$20.2B
Q3 25
$11.9B
$20.1B
Q2 25
$18.2B
$20.5B
Q1 25
$17.1B
$19.6B
Q4 24
$17.0B
$19.8B
Q3 24
$17.5B
$19.8B
Q2 24
$17.3B
$19.8B
Debt / Equity
FTV
FTV
PSA
PSA
Q1 26
0.57×
Q4 25
0.50×
1.11×
Q3 25
0.51×
1.08×
Q2 25
0.46×
1.11×
Q1 25
0.38×
0.99×
Q4 24
0.36×
0.96×
Q3 24
0.37×
0.99×
Q2 24
0.36×
0.97×

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
PSA
PSA
Operating Cash FlowLast quarter
$234.8M
$733.6M
Free Cash FlowOCF − Capex
$193.8M
FCF MarginFCF / Revenue
18.1%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
1.72×
1.45×
TTM Free Cash FlowTrailing 4 quarters
$935.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTV
FTV
PSA
PSA
Q1 26
$234.8M
Q4 25
$1.1B
$733.6M
Q3 25
$164.4M
$875.1M
Q2 25
$311.2M
$872.7M
Q1 25
$241.7M
$705.1M
Q4 24
$502.2M
$768.6M
Q3 24
$459.0M
$798.8M
Q2 24
$308.9M
$895.3M
Free Cash Flow
FTV
FTV
PSA
PSA
Q1 26
$193.8M
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
PSA
PSA
Q1 26
18.1%
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
PSA
PSA
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
PSA
PSA
Q1 26
1.72×
Q4 25
5.83×
1.45×
Q3 25
2.99×
1.71×
Q2 25
1.87×
2.43×
Q1 25
1.41×
1.73×
Q4 24
2.41×
1.25×
Q3 24
2.07×
1.86×
Q2 24
1.58×
1.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTV
FTV

Segment breakdown not available.

PSA
PSA

Self Storage Operations$1.1B93%
Ancillary Operations$86.9M7%

Related Comparisons