FTV
Fortive Corporation
FTV's outlook is improving, though it still trails on the overall score.
MSFT
Microsoft Corporation
MSFT has the edge over FTV overall, supported by stronger valuation and stronger modeled upside.
FTV Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| Strong | |
| Stable |
FTV's profitability and cash flow are currently strong, and its balance sheet is stable, but its revenue is under pressure.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
FTV PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 18x | $38.69 | -43% |
| Forward | 21x | $67.85 | — |
| Fair | 32x | $66.41 | -2.1% |
| Current | 32x | $67.85 | — |
| Expensive | 36x | $76.57 | +13% |
Historical ranges are pointers, not guarantees.
FTV's PE is in its fair range at 32x. If earnings grow as analysts expect, today's price would be 21x next year's earnings, in its cheap range.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT has the edge over FTV in the historical PE scenario, which offers more potential upside but is not a forecast.
FTV Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
FTV has the edge over MSFT on the outlook, with more favorable profitability expectations.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.
FTV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.27 | +56% |
| Q3 2026 | $2.10 | +20% |
| Q2 2026 | $1.69 | -24% |
| Q1 2026 | $1.67 | -27% |
| Q4 2025 | $1.73 | -27% |
| Q3 2025 | $1.75 | -30% |
| Q2 2025 | $2.22 | -10% |
| Q1 2025 | $2.28 | -9.5% |
| Q4 2024 | $2.36 | -2.9% |
FTV's earnings per share have fallen from their peak: $2.10 over the past year, against $4.73 in mid-2021.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
MSFT has the edge over FTV on earnings, with more consistent year-over-year improvement.
FTV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.1B | +7.8% |
| Q2 2026 | $1.1B | -28% |
| Q1 2026 | $1.1B | -27% |
| Q4 2025 | $1.1B | -31% |
| Q3 2025 | $1B | -33% |
| Q2 2025 | $1.5B | -2.2% |
| Q1 2025 | $1.5B | -3.3% |
| Q4 2024 | $1.6B | +2.3% |
FTV's revenue is recovering but still below its 2019 peak: $1.1B last quarter, up 7.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +5.8 points |
| Q2 2026 | 19% | +4.5 points |
| Q1 2026 | 18% | +2.1 points |
| Q4 2025 | 20% | +1.1 points |
| Q3 2025 | 16% | -3.7 points |
| Q2 2025 | 15% | -4.8 points |
| Q1 2025 | 16% | -4 points |
| Q4 2024 | 19% | -0.7 points |
FTV's operating margin was 21% last quarter, up 5.8 points from the same quarter a year ago, near the top of its range since 2019.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT has the edge over FTV on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT has the edge over FTV on profitability, with a higher operating margin.
FTV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $283.7M | +109% |
| Q2 2026 | $258.1M | -6% |
| Q1 2026 | $208.2M | -3.2% |
| Q4 2025 | $335.5M | -28% |
| Q3 2025 | $135.8M | -69% |
| Q2 2025 | $274.5M | -1.9% |
| Q1 2025 | $215M | -6.6% |
| Q4 2024 | $465.2M | +13% |
FTV has the edge over MSFT on cash flow, with stronger typical year-over-year growth.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.
FTV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.7M shares |
| 1 year | -8.8% | -29.5M shares |
| 3 years | -15% | -52.2M shares |
| 5 years | -16% | -58.3M shares |
| Available history | -11% | -36.1M shares |
FTV has the edge over MSFT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300.1M |
| Q2 2026 | $200.1M |
| Q1 2026 | $500.2M |
| Q4 2025 | $265M |
| Q3 2025 | $1B |
| Q2 2025 | $141.9M |
| Q1 2025 | $202.6M |
| Q4 2024 | $466.6M |
FTV spent $1.3B buying back its own shares over the past year, down 30% from the year before.
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has 7.4B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
FTV Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.4x | Moderate |
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 2.5x | Moderate |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 2.2x | Moderate |
| Q2 2025 | 2.2x | Moderate |
| Q1 2025 | 2.2x | Moderate |
| Q4 2024 | 2.2x | Moderate |
FTV's net debt is about 2.4 years of its operating earnings (EBITDA), up from 2.2 years a year ago.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT has the edge over FTV on leverage, with a lower net debt burden relative to earnings.
FTV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 69.7 | Neutral |
| Stochastic | 84.9 | Overbought |
FTV's weekly RSI is 70 (neutral) and its Stochastic is 85 (overbought).
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
FTV PE vs Technology Sector
| Metric | FTV | Sector median | Relative |
|---|---|---|---|
| PE | 32x | 28x | 16% above |
| PE % | 54 | 35 | 19 pts above |
FTV is trading at 32x earnings, a 16% premium to the Technology sector's median of 28x.
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT has the edge over FTV on valuation relative to its sector.
FTV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $60.9 | 11% above |
| 20 week MA | $60.3 | 13% above |
| 50 week MA | $58.6 | 16% above |
| 100 week MA | $55.7 | 22% above |
| 200 week MA | $55.6 | 22% above |
FTV has the edge over MSFT on trend strength, trading above more of its moving averages.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT's trend is up, with a small recent dip: it's below only its 8-week average, and 27% above its 200-week average.
FTV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $48.3 | $52.5 | +8.7% |
| 2021 | $52.5 | $56.1 | +7% |
| 2022 | $56.1 | $48.3 | -14% |
| 2023 | $48.3 | $55.5 | +15% |
| 2024 | $55.5 | $57.0 | +2.7% |
| 2025 | $57.0 | $55.7 | -2.3% |
| 2026 YTD | $55.7 | $67.9 | +22% |
FTV has the edge over MSFT on returns for 2026, with the stronger performance.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has finished higher in five of the last six years, two of them by more than 50%. It's up 7.2% so far in 2026.