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Side-by-side financial comparison of Fortive (FTV) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.

Fortive is the larger business by last-quarter revenue ($1.1B vs $891.0M, roughly 1.2× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 12.8%, a 16.8% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs 7.7%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $193.8M). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% 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...

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

FTV vs ZION — Head-to-Head

Bigger by revenue
FTV
FTV
1.2× larger
FTV
$1.1B
$891.0M
ZION
Growing faster (revenue YoY)
ZION
ZION
+1.0% gap
ZION
8.7%
7.7%
FTV
Higher net margin
ZION
ZION
16.8% more per $
ZION
29.5%
12.8%
FTV
More free cash flow
ZION
ZION
$758.2M more FCF
ZION
$952.0M
$193.8M
FTV
Faster 2-yr revenue CAGR
ZION
ZION
Annualised
ZION
9.6%
-17.0%
FTV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FTV
FTV
ZION
ZION
Revenue
$1.1B
$891.0M
Net Profit
$136.4M
$263.0M
Gross Margin
63.2%
Operating Margin
17.9%
Net Margin
12.8%
29.5%
Revenue YoY
7.7%
8.7%
Net Profit YoY
21.1%
21.8%
EPS (diluted)
$0.44
$1.77

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
ZION
ZION
Q1 26
$1.1B
Q4 25
$1.1B
$891.0M
Q3 25
$1.0B
$861.0M
Q2 25
$1.5B
$838.0M
Q1 25
$1.5B
$795.0M
Q4 24
$1.6B
$820.0M
Q3 24
$1.5B
$792.0M
Q2 24
$1.6B
$777.0M
Net Profit
FTV
FTV
ZION
ZION
Q1 26
$136.4M
Q4 25
$185.7M
$263.0M
Q3 25
$55.0M
$222.0M
Q2 25
$166.6M
$244.0M
Q1 25
$171.9M
$170.0M
Q4 24
$208.8M
$216.0M
Q3 24
$221.6M
$214.0M
Q2 24
$195.1M
$201.0M
Gross Margin
FTV
FTV
ZION
ZION
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
ZION
ZION
Q1 26
17.9%
Q4 25
20.1%
Q3 25
15.5%
Q2 25
14.6%
Q1 25
15.8%
Q4 24
19.0%
Q3 24
19.3%
Q2 24
19.4%
Net Margin
FTV
FTV
ZION
ZION
Q1 26
12.8%
Q4 25
16.5%
29.5%
Q3 25
5.4%
25.8%
Q2 25
11.0%
29.1%
Q1 25
11.7%
21.4%
Q4 24
12.9%
26.3%
Q3 24
14.4%
27.0%
Q2 24
12.6%
25.9%
EPS (diluted)
FTV
FTV
ZION
ZION
Q1 26
$0.44
Q4 25
$0.60
$1.77
Q3 25
$0.16
$1.48
Q2 25
$0.49
$1.63
Q1 25
$0.50
$1.13
Q4 24
$0.60
$1.34
Q3 24
$0.63
$1.37
Q2 24
$0.55
$1.28

Balance Sheet & Financial Strength

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

Metric
FTV
FTV
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
$356.1M
Total DebtLower is stronger
$3.5B
$1.5B
Stockholders' EquityBook value
$6.1B
$7.2B
Total Assets
$11.6B
$89.0B
Debt / EquityLower = less leverage
0.57×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTV
FTV
ZION
ZION
Q1 26
$356.1M
Q4 25
$375.5M
Q3 25
$430.8M
Q2 25
$1.8B
Q1 25
$892.1M
Q4 24
$813.3M
Q3 24
$811.3M
Q2 24
$644.1M
Total Debt
FTV
FTV
ZION
ZION
Q1 26
$3.5B
Q4 25
$3.2B
$1.5B
Q3 25
$3.3B
$1.5B
Q2 25
$4.8B
$970.0M
Q1 25
$3.9B
$964.0M
Q4 24
$3.7B
$950.0M
Q3 24
$3.9B
$548.0M
Q2 24
$3.8B
$546.0M
Stockholders' Equity
FTV
FTV
ZION
ZION
Q1 26
$6.1B
Q4 25
$6.5B
$7.2B
Q3 25
$6.5B
$6.9B
Q2 25
$10.4B
$6.6B
Q1 25
$10.2B
$6.3B
Q4 24
$10.2B
$6.1B
Q3 24
$10.6B
$6.4B
Q2 24
$10.5B
$6.0B
Total Assets
FTV
FTV
ZION
ZION
Q1 26
$11.6B
Q4 25
$11.7B
$89.0B
Q3 25
$11.9B
$88.5B
Q2 25
$18.2B
$88.9B
Q1 25
$17.1B
$88.0B
Q4 24
$17.0B
$88.8B
Q3 24
$17.5B
$87.0B
Q2 24
$17.3B
$87.6B
Debt / Equity
FTV
FTV
ZION
ZION
Q1 26
0.57×
Q4 25
0.50×
0.21×
Q3 25
0.51×
0.21×
Q2 25
0.46×
0.15×
Q1 25
0.38×
0.15×
Q4 24
0.36×
0.16×
Q3 24
0.37×
0.09×
Q2 24
0.36×
0.09×

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
ZION
ZION
Operating Cash FlowLast quarter
$234.8M
$1.1B
Free Cash FlowOCF − Capex
$193.8M
$952.0M
FCF MarginFCF / Revenue
18.1%
106.8%
Capex IntensityCapex / Revenue
2.5%
13.6%
Cash ConversionOCF / Net Profit
1.72×
4.08×
TTM Free Cash FlowTrailing 4 quarters
$935.2M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTV
FTV
ZION
ZION
Q1 26
$234.8M
Q4 25
$1.1B
$1.1B
Q3 25
$164.4M
$438.0M
Q2 25
$311.2M
$-62.0M
Q1 25
$241.7M
$179.0M
Q4 24
$502.2M
$1.1B
Q3 24
$459.0M
$119.0M
Q2 24
$308.9M
$251.0M
Free Cash Flow
FTV
FTV
ZION
ZION
Q1 26
$193.8M
Q4 25
$313.8M
$952.0M
Q3 25
$153.1M
$413.0M
Q2 25
$274.5M
$-93.0M
Q1 25
$215.0M
$152.0M
Q4 24
$465.2M
$1.1B
Q3 24
$431.2M
$97.0M
Q2 24
$279.7M
$234.0M
FCF Margin
FTV
FTV
ZION
ZION
Q1 26
18.1%
Q4 25
28.0%
106.8%
Q3 25
14.9%
48.0%
Q2 25
18.1%
-11.1%
Q1 25
14.6%
19.1%
Q4 24
28.7%
128.2%
Q3 24
28.1%
12.2%
Q2 24
18.0%
30.1%
Capex Intensity
FTV
FTV
ZION
ZION
Q1 26
2.5%
Q4 25
2.7%
13.6%
Q3 25
1.1%
2.9%
Q2 25
2.4%
3.7%
Q1 25
1.8%
3.4%
Q4 24
2.3%
11.8%
Q3 24
1.8%
2.8%
Q2 24
1.9%
2.2%
Cash Conversion
FTV
FTV
ZION
ZION
Q1 26
1.72×
Q4 25
5.83×
4.08×
Q3 25
2.99×
1.97×
Q2 25
1.87×
-0.25×
Q1 25
1.41×
1.05×
Q4 24
2.41×
5.31×
Q3 24
2.07×
0.56×
Q2 24
1.58×
1.25×

Financial Flow Comparison

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

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