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Side-by-side financial comparison of Fortive (FTV) and UGI CORP (UGI). Click either name above to swap in a different company.
UGI CORP is the larger business by last-quarter revenue ($2.7B vs $1.1B, roughly 2.5× Fortive). UGI CORP runs the higher net margin — 19.4% vs 12.8%, a 6.6% gap on every dollar of revenue. On growth, Fortive posted the faster year-over-year revenue change (7.7% vs 0.7%). Over the past eight quarters, UGI CORP's revenue compounded faster (40.9% 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...
UGI Corporation is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe.
FTV vs UGI — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $2.7B |
| Net Profit | $136.4M | $520.0M |
| Gross Margin | 63.2% | — |
| Operating Margin | 17.9% | 9.3% |
| Net Margin | 12.8% | 19.4% |
| Revenue YoY | 7.7% | 0.7% |
| Net Profit YoY | 21.1% | -2.4% |
| EPS (diluted) | $0.44 | $2.33 |
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.
| Q1 26 | $1.1B | $2.7B | ||
| Q4 25 | $1.1B | $2.1B | ||
| Q3 25 | $1.0B | $1.2B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.5B | $2.6B | ||
| Q4 24 | $1.6B | $2.0B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.6B | $1.4B |
| Q1 26 | $136.4M | $520.0M | ||
| Q4 25 | $185.7M | $297.0M | ||
| Q3 25 | $55.0M | $-13.0M | ||
| Q2 25 | $166.6M | $-163.0M | ||
| Q1 25 | $171.9M | $479.0M | ||
| Q4 24 | $208.8M | $375.0M | ||
| Q3 24 | $221.6M | $-273.0M | ||
| Q2 24 | $195.1M | $-48.0M |
| 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% | — |
| Q1 26 | 17.9% | 9.3% | ||
| Q4 25 | 20.1% | 22.0% | ||
| Q3 25 | 15.5% | 1.1% | ||
| Q2 25 | 14.6% | -6.8% | ||
| Q1 25 | 15.8% | 26.6% | ||
| Q4 24 | 19.0% | 24.5% | ||
| Q3 24 | 19.3% | -20.4% | ||
| Q2 24 | 19.4% | 5.0% |
| Q1 26 | 12.8% | 19.4% | ||
| Q4 25 | 16.5% | 14.4% | ||
| Q3 25 | 5.4% | -1.1% | ||
| Q2 25 | 11.0% | -12.0% | ||
| Q1 25 | 11.7% | 18.2% | ||
| Q4 24 | 12.9% | 18.9% | ||
| Q3 24 | 14.4% | -22.6% | ||
| Q2 24 | 12.6% | -3.6% |
| Q1 26 | $0.44 | $2.33 | ||
| Q4 25 | $0.60 | $1.34 | ||
| Q3 25 | $0.16 | $-0.08 | ||
| Q2 25 | $0.49 | $-0.76 | ||
| Q1 25 | $0.50 | $2.19 | ||
| Q4 24 | $0.60 | $1.74 | ||
| Q3 24 | $0.63 | $-1.26 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $356.1M | — |
| Total DebtLower is stronger | $3.5B | — |
| Stockholders' EquityBook value | $6.1B | — |
| Total Assets | $11.6B | — |
| Debt / EquityLower = less leverage | 0.57× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $356.1M | — | ||
| Q4 25 | $375.5M | $251.0M | ||
| Q3 25 | $430.8M | $335.0M | ||
| Q2 25 | $1.8B | $350.0M | ||
| Q1 25 | $892.1M | $426.0M | ||
| Q4 24 | $813.3M | $240.0M | ||
| Q3 24 | $811.3M | $213.0M | ||
| Q2 24 | $644.1M | $183.0M |
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.2B | $6.0B | ||
| Q3 25 | $3.3B | $6.5B | ||
| Q2 25 | $4.8B | $5.7B | ||
| Q1 25 | $3.9B | $6.6B | ||
| Q4 24 | $3.7B | $6.6B | ||
| Q3 24 | $3.9B | $6.4B | ||
| Q2 24 | $3.8B | $6.3B |
| Q1 26 | $6.1B | — | ||
| Q4 25 | $6.5B | $5.0B | ||
| Q3 25 | $6.5B | $4.8B | ||
| Q2 25 | $10.4B | $4.9B | ||
| Q1 25 | $10.2B | $5.0B | ||
| Q4 24 | $10.2B | $4.6B | ||
| Q3 24 | $10.6B | $4.3B | ||
| Q2 24 | $10.5B | $4.7B |
| Q1 26 | $11.6B | — | ||
| Q4 25 | $11.7B | $15.8B | ||
| Q3 25 | $11.9B | $15.5B | ||
| Q2 25 | $18.2B | $15.4B | ||
| Q1 25 | $17.1B | $15.7B | ||
| Q4 24 | $17.0B | $15.4B | ||
| Q3 24 | $17.5B | $15.1B | ||
| Q2 24 | $17.3B | $15.1B |
| Q1 26 | 0.57× | — | ||
| Q4 25 | 0.50× | 1.19× | ||
| Q3 25 | 0.51× | 1.37× | ||
| Q2 25 | 0.46× | 1.17× | ||
| Q1 25 | 0.38× | 1.32× | ||
| Q4 24 | 0.36× | 1.44× | ||
| Q3 24 | 0.37× | 1.48× | ||
| Q2 24 | 0.36× | 1.34× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $234.8M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 2.5% | 4.7% |
| Cash ConversionOCF / Net Profit | 1.72× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $234.8M | — | ||
| Q4 25 | $1.1B | $66.0M | ||
| Q3 25 | $164.4M | $90.0M | ||
| Q2 25 | $311.2M | $289.0M | ||
| Q1 25 | $241.7M | $684.0M | ||
| Q4 24 | $502.2M | $164.0M | ||
| Q3 24 | $459.0M | $151.0M | ||
| Q2 24 | $308.9M | $390.0M |
| Q1 26 | — | — | ||
| Q4 25 | $313.8M | $-155.0M | ||
| Q3 25 | $153.1M | $-168.0M | ||
| Q2 25 | $274.5M | $67.0M | ||
| Q1 25 | $215.0M | $538.0M | ||
| Q4 24 | $465.2M | $-47.0M | ||
| Q3 24 | $431.2M | $-115.0M | ||
| Q2 24 | $279.7M | $185.0M |
| Q1 26 | — | — | ||
| Q4 25 | 28.0% | -7.5% | ||
| Q3 25 | 14.9% | -14.4% | ||
| Q2 25 | 18.1% | 4.9% | ||
| Q1 25 | 14.6% | 20.4% | ||
| Q4 24 | 28.7% | -2.4% | ||
| Q3 24 | 28.1% | -9.5% | ||
| Q2 24 | 18.0% | 13.7% |
| Q1 26 | 2.5% | 4.7% | ||
| Q4 25 | 2.7% | 10.7% | ||
| Q3 25 | 1.1% | 22.1% | ||
| Q2 25 | 2.4% | 16.3% | ||
| Q1 25 | 1.8% | 5.5% | ||
| Q4 24 | 2.3% | 10.6% | ||
| Q3 24 | 1.8% | 22.0% | ||
| Q2 24 | 1.9% | 15.2% |
| Q1 26 | 1.72× | — | ||
| Q4 25 | 5.83× | 0.22× | ||
| Q3 25 | 2.99× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | 1.41× | 1.43× | ||
| Q4 24 | 2.41× | 0.44× | ||
| Q3 24 | 2.07× | — | ||
| Q2 24 | 1.58× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FTV
Segment breakdown not available.
UGI
| Utilities | $880.0M | 33% |
| AmeriGas Propane | $759.0M | 28% |
| UGI International | $621.0M | 23% |
| Other | $425.0M | 16% |
