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

Fortive is the larger business by last-quarter revenue ($1.1B vs $760.0M, roughly 1.4× Tronox Holdings plc). On growth, Fortive posted the faster year-over-year revenue change (7.7% vs 4.1%). Over the past eight quarters, Tronox Holdings plc's revenue compounded faster (-3.7% 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...

Tronox Limited is an American worldwide chemical company involved in the titanium products industry with approximately 6,500 employees. Following its acquisition of the mineral sands business formerly belonging to South Africa's Exxaro Resources, Tronox is the largest fully integrated seller and marketer of titanium dioxide (TiO2) pigment, which provides brightness to applications such as coatings, plastics and paper. Tronox mines titanium-bearing mineral sands and operates upgrading faciliti...

FTV vs TROX — Head-to-Head

Bigger by revenue
FTV
FTV
1.4× larger
FTV
$1.1B
$760.0M
TROX
Growing faster (revenue YoY)
FTV
FTV
+3.6% gap
FTV
7.7%
4.1%
TROX
Faster 2-yr revenue CAGR
TROX
TROX
Annualised
TROX
-3.7%
-17.0%
FTV

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FTV
FTV
TROX
TROX
Revenue
$1.1B
$760.0M
Net Profit
$136.4M
Gross Margin
63.2%
0.0%
Operating Margin
17.9%
Net Margin
12.8%
Revenue YoY
7.7%
4.1%
Net Profit YoY
21.1%
EPS (diluted)
$0.44

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
TROX
TROX
Q1 26
$1.1B
$760.0M
Q4 25
$1.1B
$730.0M
Q3 25
$1.0B
$699.0M
Q2 25
$1.5B
$731.0M
Q1 25
$1.5B
$738.0M
Q4 24
$1.6B
$676.0M
Q3 24
$1.5B
$804.0M
Q2 24
$1.6B
$820.0M
Net Profit
FTV
FTV
TROX
TROX
Q1 26
$136.4M
Q4 25
$185.7M
$-176.0M
Q3 25
$55.0M
$-99.0M
Q2 25
$166.6M
$-84.0M
Q1 25
$171.9M
$-111.0M
Q4 24
$208.8M
$-30.0M
Q3 24
$221.6M
$-25.0M
Q2 24
$195.1M
$16.0M
Gross Margin
FTV
FTV
TROX
TROX
Q1 26
63.2%
0.0%
Q4 25
63.2%
5.3%
Q3 25
63.2%
7.4%
Q2 25
59.0%
10.8%
Q1 25
59.8%
13.4%
Q4 24
60.3%
17.3%
Q3 24
60.0%
15.9%
Q2 24
59.8%
18.3%
Operating Margin
FTV
FTV
TROX
TROX
Q1 26
17.9%
Q4 25
20.1%
-15.6%
Q3 25
15.5%
-6.2%
Q2 25
14.6%
-4.8%
Q1 25
15.8%
-8.3%
Q4 24
19.0%
7.1%
Q3 24
19.3%
6.7%
Q2 24
19.4%
9.3%
Net Margin
FTV
FTV
TROX
TROX
Q1 26
12.8%
Q4 25
16.5%
-24.1%
Q3 25
5.4%
-14.2%
Q2 25
11.0%
-11.5%
Q1 25
11.7%
-15.0%
Q4 24
12.9%
-4.4%
Q3 24
14.4%
-3.1%
Q2 24
12.6%
2.0%
EPS (diluted)
FTV
FTV
TROX
TROX
Q1 26
$0.44
Q4 25
$0.60
$-1.11
Q3 25
$0.16
$-0.63
Q2 25
$0.49
$-0.53
Q1 25
$0.50
$-0.70
Q4 24
$0.60
$-0.19
Q3 24
$0.63
$-0.16
Q2 24
$0.55
$0.10

Balance Sheet & Financial Strength

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

Metric
FTV
FTV
TROX
TROX
Cash + ST InvestmentsLiquidity on hand
$356.1M
$126
Total DebtLower is stronger
$3.5B
$133
Stockholders' EquityBook value
$6.1B
$1.3K
Total Assets
$11.6B
$6.1K
Debt / EquityLower = less leverage
0.57×
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTV
FTV
TROX
TROX
Q1 26
$356.1M
$126
Q4 25
$375.5M
$199.0M
Q3 25
$430.8M
$185.0M
Q2 25
$1.8B
$132.0M
Q1 25
$892.1M
$138.0M
Q4 24
$813.3M
$151.0M
Q3 24
$811.3M
$167.0M
Q2 24
$644.1M
$201.0M
Total Debt
FTV
FTV
TROX
TROX
Q1 26
$3.5B
$133
Q4 25
$3.2B
$3.1B
Q3 25
$3.3B
$3.1B
Q2 25
$4.8B
$2.7B
Q1 25
$3.9B
$2.8B
Q4 24
$3.7B
$2.8B
Q3 24
$3.9B
$2.8B
Q2 24
$3.8B
$2.8B
Stockholders' Equity
FTV
FTV
TROX
TROX
Q1 26
$6.1B
$1.3K
Q4 25
$6.5B
$1.4B
Q3 25
$6.5B
$1.6B
Q2 25
$10.4B
$1.6B
Q1 25
$10.2B
$1.7B
Q4 24
$10.2B
$1.8B
Q3 24
$10.6B
$1.9B
Q2 24
$10.5B
$1.9B
Total Assets
FTV
FTV
TROX
TROX
Q1 26
$11.6B
$6.1K
Q4 25
$11.7B
$6.2B
Q3 25
$11.9B
$6.3B
Q2 25
$18.2B
$6.2B
Q1 25
$17.1B
$6.1B
Q4 24
$17.0B
$6.0B
Q3 24
$17.5B
$6.2B
Q2 24
$17.3B
$6.1B
Debt / Equity
FTV
FTV
TROX
TROX
Q1 26
0.57×
0.10×
Q4 25
0.50×
2.21×
Q3 25
0.51×
2.01×
Q2 25
0.46×
1.67×
Q1 25
0.38×
1.64×
Q4 24
0.36×
1.57×
Q3 24
0.37×
1.45×
Q2 24
0.36×
1.47×

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
TROX
TROX
Operating Cash FlowLast quarter
$234.8M
Free Cash FlowOCF − Capex
$53.0M
FCF MarginFCF / Revenue
7.0%
Capex IntensityCapex / Revenue
2.5%
0.0%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$-86.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTV
FTV
TROX
TROX
Q1 26
$234.8M
Q4 25
$1.1B
$121.0M
Q3 25
$164.4M
$-57.0M
Q2 25
$311.2M
$28.0M
Q1 25
$241.7M
$-32.0M
Q4 24
$502.2M
$82.0M
Q3 24
$459.0M
$87.0M
Q2 24
$308.9M
$160.0M
Free Cash Flow
FTV
FTV
TROX
TROX
Q1 26
$53.0M
Q4 25
$313.8M
$53.0M
Q3 25
$153.1M
$-137.0M
Q2 25
$274.5M
$-55.0M
Q1 25
$215.0M
$-142.0M
Q4 24
$465.2M
$-35.0M
Q3 24
$431.2M
$-14.0M
Q2 24
$279.7M
$84.0M
FCF Margin
FTV
FTV
TROX
TROX
Q1 26
7.0%
Q4 25
28.0%
7.3%
Q3 25
14.9%
-19.6%
Q2 25
18.1%
-7.5%
Q1 25
14.6%
-19.2%
Q4 24
28.7%
-5.2%
Q3 24
28.1%
-1.7%
Q2 24
18.0%
10.2%
Capex Intensity
FTV
FTV
TROX
TROX
Q1 26
2.5%
0.0%
Q4 25
2.7%
9.3%
Q3 25
1.1%
11.4%
Q2 25
2.4%
11.4%
Q1 25
1.8%
14.9%
Q4 24
2.3%
17.3%
Q3 24
1.8%
12.6%
Q2 24
1.9%
9.3%
Cash Conversion
FTV
FTV
TROX
TROX
Q1 26
1.72×
Q4 25
5.83×
Q3 25
2.99×
Q2 25
1.87×
Q1 25
1.41×
Q4 24
2.41×
Q3 24
2.07×
Q2 24
1.58×
10.00×

Financial Flow Comparison

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

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