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

Fortive is the larger business by last-quarter revenue ($1.1B vs $622.0M, roughly 1.7× Royalty Pharma plc). Royalty Pharma plc runs the higher net margin — 34.4% vs 12.8%, a 21.7% gap on every dollar of revenue. On growth, Fortive posted the faster year-over-year revenue change (7.7% vs 4.8%). Over the past eight quarters, Royalty Pharma plc's revenue compounded faster (4.6% 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...

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

FTV vs RPRX — Head-to-Head

Bigger by revenue
FTV
FTV
1.7× larger
FTV
$1.1B
$622.0M
RPRX
Growing faster (revenue YoY)
FTV
FTV
+2.9% gap
FTV
7.7%
4.8%
RPRX
Higher net margin
RPRX
RPRX
21.7% more per $
RPRX
34.4%
12.8%
FTV
Faster 2-yr revenue CAGR
RPRX
RPRX
Annualised
RPRX
4.6%
-17.0%
FTV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FTV
FTV
RPRX
RPRX
Revenue
$1.1B
$622.0M
Net Profit
$136.4M
$214.2M
Gross Margin
63.2%
Operating Margin
17.9%
62.4%
Net Margin
12.8%
34.4%
Revenue YoY
7.7%
4.8%
Net Profit YoY
21.1%
2.9%
EPS (diluted)
$0.44
$0.49

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
RPRX
RPRX
Q1 26
$1.1B
Q4 25
$1.1B
$622.0M
Q3 25
$1.0B
$609.3M
Q2 25
$1.5B
$578.7M
Q1 25
$1.5B
$568.2M
Q4 24
$1.6B
$593.6M
Q3 24
$1.5B
$564.7M
Q2 24
$1.6B
$537.3M
Net Profit
FTV
FTV
RPRX
RPRX
Q1 26
$136.4M
Q4 25
$185.7M
$214.2M
Q3 25
$55.0M
$288.2M
Q2 25
$166.6M
$30.2M
Q1 25
$171.9M
$238.3M
Q4 24
$208.8M
$208.2M
Q3 24
$221.6M
$544.0M
Q2 24
$195.1M
$102.0M
Gross Margin
FTV
FTV
RPRX
RPRX
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
RPRX
RPRX
Q1 26
17.9%
Q4 25
20.1%
62.4%
Q3 25
15.5%
70.1%
Q2 25
14.6%
36.3%
Q1 25
15.8%
94.0%
Q4 24
19.0%
60.9%
Q3 24
19.3%
Q2 24
19.4%
50.2%
Net Margin
FTV
FTV
RPRX
RPRX
Q1 26
12.8%
Q4 25
16.5%
34.4%
Q3 25
5.4%
47.3%
Q2 25
11.0%
5.2%
Q1 25
11.7%
41.9%
Q4 24
12.9%
35.1%
Q3 24
14.4%
96.3%
Q2 24
12.6%
19.0%
EPS (diluted)
FTV
FTV
RPRX
RPRX
Q1 26
$0.44
Q4 25
$0.60
$0.49
Q3 25
$0.16
$0.67
Q2 25
$0.49
$0.07
Q1 25
$0.50
$0.55
Q4 24
$0.60
$0.46
Q3 24
$0.63
$1.21
Q2 24
$0.55
$0.23

Balance Sheet & Financial Strength

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

Metric
FTV
FTV
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$356.1M
$618.7M
Total DebtLower is stronger
$3.5B
$9.0B
Stockholders' EquityBook value
$6.1B
$9.7B
Total Assets
$11.6B
$19.6B
Debt / EquityLower = less leverage
0.57×
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTV
FTV
RPRX
RPRX
Q1 26
$356.1M
Q4 25
$375.5M
$618.7M
Q3 25
$430.8M
$938.9M
Q2 25
$1.8B
$631.9M
Q1 25
$892.1M
$1.1B
Q4 24
$813.3M
$929.0M
Q3 24
$811.3M
$950.1M
Q2 24
$644.1M
$1.8B
Total Debt
FTV
FTV
RPRX
RPRX
Q1 26
$3.5B
Q4 25
$3.2B
$9.0B
Q3 25
$3.3B
$8.9B
Q2 25
$4.8B
$8.0B
Q1 25
$3.9B
$7.6B
Q4 24
$3.7B
$7.6B
Q3 24
$3.9B
$7.6B
Q2 24
$3.8B
$7.6B
Stockholders' Equity
FTV
FTV
RPRX
RPRX
Q1 26
$6.1B
Q4 25
$6.5B
$9.7B
Q3 25
$6.5B
$9.6B
Q2 25
$10.4B
$9.5B
Q1 25
$10.2B
$9.8B
Q4 24
$10.2B
$10.3B
Q3 24
$10.6B
$10.3B
Q2 24
$10.5B
$9.8B
Total Assets
FTV
FTV
RPRX
RPRX
Q1 26
$11.6B
Q4 25
$11.7B
$19.6B
Q3 25
$11.9B
$19.3B
Q2 25
$18.2B
$18.3B
Q1 25
$17.1B
$17.6B
Q4 24
$17.0B
$18.2B
Q3 24
$17.5B
$18.0B
Q2 24
$17.3B
$17.7B
Debt / Equity
FTV
FTV
RPRX
RPRX
Q1 26
0.57×
Q4 25
0.50×
0.92×
Q3 25
0.51×
0.93×
Q2 25
0.46×
0.84×
Q1 25
0.38×
0.78×
Q4 24
0.36×
0.74×
Q3 24
0.37×
0.74×
Q2 24
0.36×
0.78×

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
RPRX
RPRX
Operating Cash FlowLast quarter
$234.8M
$827.1M
Free Cash FlowOCF − Capex
$193.8M
FCF MarginFCF / Revenue
18.1%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
1.72×
3.86×
TTM Free Cash FlowTrailing 4 quarters
$935.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTV
FTV
RPRX
RPRX
Q1 26
$234.8M
Q4 25
$1.1B
$827.1M
Q3 25
$164.4M
$702.6M
Q2 25
$311.2M
$364.0M
Q1 25
$241.7M
$596.1M
Q4 24
$502.2M
$742.5M
Q3 24
$459.0M
$703.6M
Q2 24
$308.9M
$658.2M
Free Cash Flow
FTV
FTV
RPRX
RPRX
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
RPRX
RPRX
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
RPRX
RPRX
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
RPRX
RPRX
Q1 26
1.72×
Q4 25
5.83×
3.86×
Q3 25
2.99×
2.44×
Q2 25
1.87×
12.06×
Q1 25
1.41×
2.50×
Q4 24
2.41×
3.57×
Q3 24
2.07×
1.29×
Q2 24
1.58×
6.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTV
FTV

Segment breakdown not available.

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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