Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Fortive's share price for the quarter that ended in Mar. 2026 was $54.99. Fortive's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 306 Mil. Therefore, Fortive's market cap for the quarter that ended in Mar. 2026 was $16,805 Mil.
Fortive's quarterly market cap
increased
from Sep. 2025 ($15,372 Mil) to Dec. 2025 ($17,444 Mil) but then
declined
from Dec. 2025 ($17,444 Mil) to Mar. 2026 ($16,805 Mil).
Fortive's annual market cap
declined
from Dec. 2023 ($19,414 Mil) to Dec. 2024 ($19,278 Mil) and
declined
from Dec. 2024 ($19,278 Mil) to Dec. 2025 ($17,444 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Fortive's Enterprise Value for Today is $21,884 Mil.
Fortive (LTS:0IRE) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Fortive Market Cap Related Terms
Fortive Market Cap Historical Data
* Premium members only.
The historical data trend for Fortive's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LTS:0IRE vs MKSI, TRMB, CGNX: Market Cap Comparison
For the Scientific & Technical Instruments subindustry, Fortive's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fortive Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, Fortive's Market Cap distribution charts can be found below:
* The bar in red indicates where Fortive's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Fortive's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fortive (LTS:0IRE) has a Market Cap of $18,743 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Fortive and its competitors. According to the industry distribution chart, Fortive ranks #90 out of 2515 companies in the Hardware industry, placing it in the top 3.6%.
Is Fortive's Market Cap too high?
Fortive's current Market Cap is $18,743 Mil. The Hardware industry median Market Cap is 209.38. Fortive's value of $18,743 Mil is 8851.8% above this industry median. Based on the distribution chart, Fortive ranks #90 out of 2515 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Fortive has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fortive's Market Cap compare to MKSI and TRMB?
According to the Hardware industry distribution chart, Fortive ranks #90 out of 2515 companies for Market Cap. This places Fortive in the top 4% of its industry — outperforming the majority of peers. The industry median Market Cap is 209.38. Fortive's value of $18,743 Mil is 8851.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Hardware company?
The median Market Cap among Hardware companies is 209.38, based on 2,515 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortive's current Market Cap of $18,743 Mil is 8851.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Fortive and its competitors. For the Hardware industry, the median Market Cap is 209.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortive's current Market Cap is $18,743 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortive stock overvalued right now?
Based on GuruFocus' analysis, Fortive (LTS:0IRE) is currently considered Fairly Valued. The stock's GF Value™ is $59.38, compared to a current price of $61.19 — trading 3% above its estimated fair value. The current Market Cap is $18,743 Mil and 8851.8% above the Hardware industry median of 209.38. Fortive's overall GF Score™ is 74/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Fortive (LTS:0IRE), the current Market Cap is $18,743 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fortive (LTS:0IRE) Overvalued in 2026?
Based on GuruFocus' analysis, Fortive stock appears to be overvalued.
The current stock price of $61.19 is trading 3% above its estimated GF Value™ of $59.38.
GuruFocus considers Fortive to be Fairly Valued.
Key valuation signals for LTS:0IRE:
Market Cap: $18,743 Mil
GF Value™: $59.38 vs. price of $61.19 (3% above fair value)
Industry Position: 8851.8% above the Hardware median (#90 of 2515)
No single metric tells the full story. See the LTS:0IRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortive Corp is a diversified industrial technology firm offering essential technologies, software, and services globally across several industries, such as manufacturing, utilities, medical, electronics, etc. It has two reportable segments: Intelligent Operating Solutions and Advanced Healthcare Solutions. Maximum revenue is generated from the Intelligent Operating Solutions segment, which offers professional instruments used in applications like maintenance, repair, measurement, and condition monitoring, connected worker safety, compliance solutions, etc. The products and services in this segment are marketed under various brands, including Fluke, Servicechannel, Gordian, Accruent, Industrial Scientific, and Intelex. Geographically, the firm generates maximum revenue from North America.
74GF Score
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