# FTV · Fortive Corp

Snapshot 2026-10-26 · CIK 0001659166 · NYSE · 

Price 60.25 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 18.2 B

Machine-readable: https://theclaudetrader.com/s/FTV.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 31.1 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2014–2025 · price 2026-10-23 · verification {'verified': 8, 'mismatch': 0, 'unverified': 21, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 4.16 revenue $B · threshold >= 1 · points 5.0/5
- 2a Current ratio: 1.24  · threshold >= 2.0 · points 3.6/15
- 2b Long-term debt vs working capital: 11.3 LTD / WC · threshold <= 1.0 · points 0.0/15
- 3 Positive earnings each of 10 years: 10 of 10  · threshold 10 of 10 · points 15.0/15
- 4 Dividends every year for 20 years: 10 of 20  · threshold 20 of 20 · points 7.5/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: 2.52 -> 2.17 (-14%)  · threshold >= +33% · points 0.0/10
- 6 P/E on 3-year average EPS: 27.7  · threshold <= 15 · points 0.0/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 3.00, product 83.2  · threshold <= 1.5 or <= 22.5 · points 0.0/10

Inputs:
  - Price (close, per traded unit): 60.25 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 4159100000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - current_assets: 1597100000.0 · 2026-07-03 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - current_liabilities: 1286600000.0 · 2026-07-03 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - lt_debt: 3509300000.0 · 2026-07-03 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - equity: 6060600000.0 · 2026-07-03 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - Net income FY2016: 872300000.0 · 2016-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916619000085/ · unverified
  - Net income FY2017: 1044500000.0 · 2017-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916620000071/ · unverified
  - Net income FY2018: 2913800000.0 · 2018-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916621000062/ · unverified
  - Net income FY2019: 738900000.0 · 2019-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916622000054/ · unverified
  - Net income FY2020: 1613300000.0 · 2020-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916623000080/ · unverified
  - Net income FY2021: 608400000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000119312526189078/ · unverified
  - Net income FY2022: 755200000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916625000024/ · unverified
  - Net income FY2023: 865800000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Net income FY2024: 832900000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Net income FY2025: 579200000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Dividend years (Yahoo): [2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/FTV/history?filter=div · verified (partly: XBRL covers 7 of 20 years)
  - Dividends per share FY2017 (XBRL): 0.28 · 2017-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1659166/000165916619000085/ · verified
  - Dividends per share FY2018 (XBRL): 0.28 · 2018-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1659166/000165916620000071/ · verified
  - Dividends per share FY2019 (XBRL): 0.28 · 2019-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1659166/000165916621000062/ · verified
  - Dividends per share FY2020 (XBRL): 0.28 · 2020-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1659166/000165916622000054/ · verified
  - Dividends per share FY2021 (XBRL): 0.28 · 2021-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1659166/000165916623000080/ · verified
  - Dividends per share FY2022 (XBRL): 0.28 · 2022-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1659166/000165916624000046/ · verified
  - Dividends per share FY2023 (XBRL): 0.29 · 2023-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1659166/000165916624000046/ · verified
  - EPS diluted FY2014: 2.56 · 2014-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1659166/000165916617000091/ · unverified
  - EPS diluted FY2015: 2.5 · 2015-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1659166/000165916618000100/ · unverified
  - EPS diluted FY2016: 2.51 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1659166/000165916619000085/ · unverified
  - EPS diluted FY2023: 2.43 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - EPS diluted FY2024: 2.36 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - EPS diluted FY2025: 1.73 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Shares outstanding: 302017052.0 · 2026-07-24 · SEC cover page 10-Q 0001659166-26-000034 (302,017,052 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ftv-20260703.htm · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/R1.htm

### Magic Formula: 63.8 (ok) · complete: True · missing tests: none · current inputs as of 2026-04-03 · stale inputs: operating_income_q · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula
-  Earnings yield (EBIT/EV): 3.69 % · threshold  · points /
-  Return on capital (EBIT/(NWC+PPE)): 133.16 % · threshold  · points /
-  Combined rank: 154  · threshold  · points /

Inputs:
  - operating_income: 720200000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/
  - operating_income_q: 191700000.0 · 2026-04-03 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000013/
  - operating_income_q: 165300000.0 · 2025-03-28 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000013/
  - operating_income_q: 209900000.0 · 2026-07-03 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/
  - operating_income_q: 169800000.0 · 2025-06-27 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/
  - current_assets: 1597100000.0 · 2026-07-03 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/
  - current_liabilities: 1286600000.0 · 2026-07-03 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/
  - cash: 374200000.0 · 2026-07-03 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/
  - ppe_net: 280300000.0 · 2026-07-03 · SEC XBRL PropertyPlantAndEquipmentNet · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/
  - debt_incl_current: 3509300000.0 · 2026-07-03 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/
  - shares_out: 302017052.0 · 2026-07-24 · SEC cover page 10-Q 0001659166-26-000034 (302,017,052 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ftv-20260703.htm · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/R1.htm
  - Price (close): 60.25 · 2026-10-23 · Yahoo Finance / Alpaca Market Data · 
  - note: debt = LongTermDebt (incl. current maturities) ·  ·  · 

### Momentum: 63.5 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: 13.9 % · threshold  · points 29.7/50
-  6 month return: -1.2 % · threshold  · points 7.7/20
-  Price / 52-week high: 0.941  · threshold  · points 14.1/15
-  Volatility penalty (60d annualised): 20.9 % · threshold  · points 12.0/15

Inputs:
  - Adjusted close series (14 months): 60.25 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): 0.29 bp · threshold  · points -4.5/0

Inputs:
  - Form 4 S Underwood Peter C 2026-08-10: 533492.5800000001 · 2026-08-10 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1659166/000150237026000013/

### Buffett Quality: 80.2 (ok) · complete: True · missing tests: none · current inputs as of 2026-07-03 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 47, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): 14.0% over 8 yrs  · threshold >= 15% · points 21.4/25
- 2 Profitable every year: 10 of 10  · threshold all years · points 15.0/15
- 3 Net income growth, 3-yr average now vs start of window: -10.2% a year  · threshold >= +10% · points 0.0/10
- 4 Borrowings / 3-yr average earnings (years to repay): 4.6 years · threshold <= 4 · points 12.7/15
- 5 Operating margin, 5-yr average: 16.4%  · threshold >= 20% · points 7.0/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 1.60  · threshold >= 1.0 · points 10.0/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 6.8%  · threshold >= 7% · points 14.1/15

Inputs:
  - Price (close, per traded unit): 60.25 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2018: 2913800000.0 · 2018-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916621000062/ · unverified
  - Equity at FY2018 end: 6595500000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1659166/000165916620000071/ · unverified
  - Net income FY2019: 738900000.0 · 2019-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916622000054/ · unverified
  - Equity at FY2019 end: 7387000000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1659166/000165916621000062/ · unverified
  - Net income FY2020: 1613300000.0 · 2020-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916623000080/ · unverified
  - Equity at FY2020 end: 8964200000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1659166/000165916622000054/ · unverified
  - Net income FY2021: 608400000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000119312526189078/ · unverified
  - Equity at FY2021 end: 9512200000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1659166/000165916623000080/ · unverified
  - Net income FY2022: 755200000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916625000024/ · unverified
  - Equity at FY2022 end: 9683400000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1659166/000165916624000046/ · unverified
  - Net income FY2023: 865800000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Equity at FY2023 end: 10318900000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1659166/000165916625000024/ · unverified
  - Net income FY2024: 832900000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Equity at FY2024 end: 10188600000.0 · 2024-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Net income FY2025: 579200000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Equity at FY2025 end: 6453400000.0 · 2025-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - Net income FY2016: 872300000.0 · 2016-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916619000085/ · unverified
  - Net income FY2017: 1044500000.0 · 2017-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916620000071/ · unverified
  - Net income FY2018: 2913800000.0 · 2018-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916621000062/ · unverified
  - Net income FY2019: 738900000.0 · 2019-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916622000054/ · unverified
  - Net income FY2020: 1613300000.0 · 2020-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916623000080/ · unverified
  - Net income FY2021: 608400000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000119312526189078/ · unverified
  - Net income FY2022: 755200000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916625000024/ · unverified
  - Net income FY2023: 865800000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Net income FY2024: 832900000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Net income FY2025: 579200000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - debt_incl_current: 3509300000.0 · 2026-07-03 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - Operating income FY2021: 812800000.0 · 2021-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916624000046/ · unverified
  - Revenue FY2021: 5254700000.0 · 2021-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1659166/000165916624000046/ · unverified
  - Operating income FY2022: 987400000.0 · 2022-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916625000024/ · unverified
  - Revenue FY2022: 5825700000.0 · 2022-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1659166/000165916625000024/ · unverified
  - Operating income FY2023: 574000000.0 · 2023-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Revenue FY2023: 3913900000.0 · 2023-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Operating income FY2024: 716300000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Revenue FY2024: 4080900000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Operating income FY2025: 720200000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Revenue FY2025: 4159100000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Operating cash flow FY2021: 961100000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1659166/000165916624000046/ · unverified
  - Capital expenditure FY2021: 50000000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1659166/000165916624000046/ · unverified

### Lynch GARP: 25.4 (ok) · complete: True · missing tests: none · current inputs as of 2026-07-03 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 5, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): None  · threshold <= 1.0 · points 0.0/30
- 2 EPS growth, 5-yr compound rate: -17.4% a year  · threshold 12% to 35% a year · points 0.0/20
- 3 P/E on latest annual EPS: 34.8  · threshold <= 25 · points 3.4/10
- 4 Borrowings / equity: 0.58  · threshold <= 0.5 · points 13.8/15
- 5 Years of the last 5 in which EPS rose: 2 of 5  · threshold 5 of 5 · points 6.0/15
- 6 Net cash (cash minus borrowings) / market cap: -17.2%  · threshold >= +10% · points 2.2/10

Inputs:
  - Price (close, per traded unit): 60.25 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - EPS diluted FY2025: 1.73 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - EPS diluted FY2020: 4.49 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1659166/000165916623000080/ · unverified
  - debt_incl_current: 3509300000.0 · 2026-07-03 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - equity: 6060600000.0 · 2026-07-03 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - cash: 374200000.0 · 2026-07-03 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified

### Graham Enterprising: 32.2 (ok) · complete: True · missing tests: none · current inputs as of 2026-07-03 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 11, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 1.24  · threshold >= 1.5 · points 7.2/15
- 2 Borrowings vs working capital: 11.3 x · threshold <= 1.1x · points 0.0/15
- 3 No earnings deficit in the last 5 years: 5 of 5 profitable  · threshold 5 of 5 · points 15.0/15
- 4 Pays a current dividend: yes  · threshold yes · points 10.0/10
- 5 EPS higher than five years earlier: 4.49 -> 1.73  · threshold higher · points 0.0/10
- 6 Price / book value per share: 3.0  · threshold <= 1.2 · points 0.0/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points 0.0/15

Inputs:
  - Price (close, per traded unit): 60.25 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 1597100000.0 · 2026-07-03 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - current_liabilities: 1286600000.0 · 2026-07-03 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - debt_incl_current: 3509300000.0 · 2026-07-03 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - Net income FY2021: 608400000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000119312526189078/ · unverified
  - Net income FY2022: 755200000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916625000024/ · unverified
  - Net income FY2023: 865800000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Net income FY2024: 832900000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Net income FY2025: 579200000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - Dividend years (Yahoo): [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/FTV/history?filter=div
  - EPS diluted FY2025: 1.73 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - EPS diluted FY2020: 4.49 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1659166/000165916623000080/ · unverified
  - equity: 6060600000.0 · 2026-07-03 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - Shares outstanding: 302017052.0 · 2026-07-24 · SEC cover page 10-Q 0001659166-26-000034 (302,017,052 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ftv-20260703.htm · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/R1.htm

### Piotroski F-Score: 66.7 (ok) · complete: True · missing tests: none · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 27, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 4.9%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 1,083M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 4.9% -> 4.9%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 1,083M vs 579M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: 19.6% -> 19.7%  · threshold pass = 1 · points 0.0/11.11111111111111
- 6 Current ratio improved: 1.16 -> 0.71  · threshold pass = 1 · points 0.0/11.11111111111111
- 7 No new shares issued (share count did not rise): 338M -> 302M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): 17.6% -> 17.3%  · threshold pass = 1 · points 0.0/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.24 -> 0.35  · threshold pass = 1 · points 11.11111111111111/11.11111111111111

Inputs:
  - net_income 2025-12-31: 579200000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - total_assets 2025-12-31: 11737700000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - cfo 2025-12-31: 1083200000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - net_income 2025-12-31: 579200000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - net_income 2024-12-31: 832900000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - total_assets 2025-12-31: 11737700000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - total_assets 2024-12-31: 17016100000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - cfo 2025-12-31: 1083200000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - net_income 2025-12-31: 579200000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-189078) · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - lt_debt 2025-12-31: 2306500000.0 · 2025-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - lt_debt 2024-12-31: 3331100000.0 · 2024-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - total_assets 2025-12-31: 11737700000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - total_assets 2024-12-31: 17016100000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - current_assets 2025-12-31: 1605700000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - current_assets 2024-12-31: 2592300000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - current_liabilities 2025-12-31: 2246600000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - current_liabilities 2024-12-31: 2238400000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - shares_out 2026-07-24: 302017052.0 · 2026-07-24 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - shares_out 2025-07-25: 338336345.0 · 2025-07-25 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1659166/000165916625000120/ · unverified
  - operating_income 2025-12-31: 720200000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - operating_income 2024-12-31: 716300000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - revenue 2025-12-31: 4159100000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - revenue 2024-12-31: 4080900000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - revenue 2025-12-31: 4159100000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - revenue 2024-12-31: 4080900000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified
  - total_assets 2025-12-31: 11737700000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ · unverified
  - total_assets 2024-12-31: 17016100000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 60.25 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 302,017,052 underlying shares, period 2026-07-24, SEC cover page 10-Q 0001659166-26-000034 (302,017,052 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/ftv-20260703.htm, accession 0001659166-26-000034 · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000034/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 18,196,527,383 USD; 60.25 (price 2026-10-23) / 1 x 302,017,052 (shares at 2026-07-24) = 18,196,527,383

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2014 (ended 2014-12-31): 6337200000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916617000091/
- FY2015 (ended 2015-12-31): 6178800000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916618000100/
- FY2016 (ended 2016-12-31): 5378200000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916619000085/
- FY2017 (ended 2017-12-31): 5756100000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916619000085/
- FY2018 (ended 2018-12-31): 6452700000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916619000085/
- FY2019 (ended 2019-12-31): 4563900000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916622000054/
- FY2020 (ended 2020-12-31): 4634400000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916623000080/
- FY2021 (ended 2021-12-31): 5254700000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916624000046/
- FY2022 (ended 2022-12-31): 5825700000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916625000024/
- FY2023 (ended 2023-12-31): 3913900000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/
- FY2024 (ended 2024-12-31): 4080900000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/
- FY2025 (ended 2025-12-31): 4159100000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/

## Net income by fiscal year (SEC XBRL)

- FY2014 (ended 2014-12-31): 883400000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916617000091/
- FY2015 (ended 2015-12-31): 863800000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916618000100/
- FY2016 (ended 2016-12-31): 872300000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916619000085/
- FY2017 (ended 2017-12-31): 1044500000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916620000071/
- FY2018 (ended 2018-12-31): 2913800000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916621000062/
- FY2019 (ended 2019-12-31): 738900000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916622000054/
- FY2020 (ended 2020-12-31): 1613300000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916623000080/
- FY2021 (ended 2021-12-31): 608400000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000119312526189078/
- FY2022 (ended 2022-12-31): 755200000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916625000024/
- FY2023 (ended 2023-12-31): 865800000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/
- FY2024 (ended 2024-12-31): 832900000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/
- FY2025 (ended 2025-12-31): 579200000.0 · https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2014 (ended 2014-12-31): 2.56 [filed 2.56, split factor 1.0]
- FY2015 (ended 2015-12-31): 2.5 [filed 2.5, split factor 1.0]
- FY2016 (ended 2016-12-31): 2.51 [filed 2.51, split factor 1.0]
- FY2017 (ended 2017-12-31): 2.96 [filed 2.96, split factor 1.0]
- FY2018 (ended 2018-12-31): 8.21 [filed 8.21, split factor 1.0]
- FY2019 (ended 2019-12-31): 1.97 [filed 1.97, split factor 1.0]
- FY2020 (ended 2020-12-31): 4.49 [filed 4.49, split factor 1.0]
- FY2021 (ended 2021-12-31): 1.63 [filed 1.63, split factor 1.0]
- FY2022 (ended 2022-12-31): 2.1 [filed 2.1, split factor 1.0]
- FY2023 (ended 2023-12-31): 2.43 [filed 2.43, split factor 1.0]
- FY2024 (ended 2024-12-31): 2.36 [filed 2.36, split factor 1.0]
- FY2025 (ended 2025-12-31): 1.73 [filed 1.73, split factor 1.0]

## Dividend years (Yahoo history)

2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026

## Insider transactions (SEC Form 4 data set, latest 40)

- 2026-08-10 S Underwood Peter C (officer) 8662 @ 61.59 = 533493 · https://www.sec.gov/Archives/edgar/data/1659166/000150237026000013/
- 2026-05-04 S Underwood Peter C (officer) 47557 @ 60.81 = 2891941 · https://www.sec.gov/Archives/edgar/data/1659166/000150237026000011/

## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001659166
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001659166.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001659166&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001659166&type=8-K
- yahoo: https://finance.yahoo.com/quote/FTV
- stooq: https://stooq.com/q/d/?s=ftv.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=FTV
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=FTV
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/ftv/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/FTV
- openinsider (link only, nothing stored): http://openinsider.com/search?q=FTV
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=FTV+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/FTV; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.