--- title: "Fortive: Competitors" description: "Fortive compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen." canonical: https://www.getswoopr.com/stocks/companies/fortive/competitors/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Fortive: Competitors & Industry Structure ## Direct Answer SEC EDGAR classifies Fortive under SIC code 3823 (Industrial Instruments For Measurement, Display, and Control). Among Swoopr's S&P 500 Equal Weight companies, 11 others share that classification; by latest reported revenue, Fortive ranks 4 of 12. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes. ## How Does Fortive Compare With Its Peers? | Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin | | --- | --- | --- | --- | --- | | [Roper Technologies (ROP)](https://www.getswoopr.com/stocks/companies/roper-technologies/) | $7.9 billion FY2025 | 12.3% | 28.3% | 19.4% | | [Ametek (AME)](https://www.getswoopr.com/stocks/companies/ametek/) | $7.4 billion FY2025 | 6.6% | 25.8% | 20.0% | | [Keysight Technologies (KEYS)](https://www.getswoopr.com/stocks/companies/keysight-technologies/) | $5.4 billion FY2025 | 8.0% | 16.3% | 15.8% | | **Fortive (FTV)** | $4.2 billion FY2025 | 1.9% | 17.3% | 12.8% | | [MKS Inc. (MKSI)](https://www.getswoopr.com/stocks/companies/mks-inc/) | $3.9 billion FY2025 | 9.6% | 13.4% | 7.5% | | [Cognex Corporation (CGNX)](https://www.getswoopr.com/stocks/companies/cognex-corporation/) | $994 million FY2025 | 8.7% | 16.3% | 11.5% | | [Mesa Laboratories Inc. (MLAB)](https://www.getswoopr.com/stocks/companies/mesa-laboratories-inc/) | $249 million FY2026 | 3.4% | 7.4% | 2.7% | | [Hurco Companies Inc. (HURC)](https://www.getswoopr.com/stocks/companies/hurco-companies-inc/) | $179 million FY2025 | -4.3% | -5.8% | -8.5% | | [Sypris Solutions Inc. (SYPR)](https://www.getswoopr.com/stocks/companies/sypris-solutions-inc/) | $120 million FY2025 | -14.5% | -5.5% | -0.0% | | [Senseonics Holdings Inc. (SENS)](https://www.getswoopr.com/stocks/companies/senseonics-holdings-inc/) | $35 million FY2025 | 56.9% | -193.8% | -196.0% | | [ClearSign Technologies Corporation (CLIR)](https://www.getswoopr.com/stocks/companies/clearsign-technologies-corporation/) | $5 million FY2025 | 45.6% | -127.5% | -105.0% | | [Focus Universal Inc. (FCUV)](https://www.getswoopr.com/stocks/companies/focus-universal-inc/) | $255,023 FY2025 | -35.9% | -1918.8% | -1877.4% | Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care. ![Bar chart of operating margin for Fortive and 7 peers: Roper Technologies (ROP) 28.3%, Ametek (AME) 25.8%, Keysight Technologies (KEYS) 16.3%, Fortive (FTV) 17.3%, MKS Inc. (MKSI) 13.4%, Cognex Corporation (CGNX) 16.3%, Mesa Laboratories Inc. (MLAB) 7.4%, Hurco Companies Inc. (HURC) -5.8%.](https://www.getswoopr.com/images/charts/fortive-competitors-peer-margins.webp) *Operating margin of Fortive against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.* ## How Does Fortive Rank Among All SEC Filers in Its Industry Code? 12 companies with annual reports in Swoopr's SEC dataset share SIC code 3823 (Industrial Instruments For Measurement, Display, and Control), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars. | Measure | Fortive | Median of filers | Rank | | --- | --- | --- | --- | | Revenue | $4.2 billion | $622 million | 4 of 12 | | Revenue growth | 1.9% | 7.3% | 9 of 12 | | Operating margin | 17.3% | 10.4% | 3 of 12 | | Net margin | 12.8% | 5.1% | 4 of 12 | A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality. ## Where These Numbers Come From Every figure on this page is a value Fortive reported in its own SEC filings, read from the SEC's XBRL data (accession 0001659166-26-000007 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### Who are Fortive's competitors? Companies sharing Fortive's SEC classification (SIC code 3823 (Industrial Instruments For Measurement, Display, and Control)) include Roper Technologies (ROP), Ametek (AME), Keysight Technologies (KEYS), MKS Inc. (MKSI), Cognex Corporation (CGNX). Its 10-K names the competitors it considers most relevant. ### How does Fortive compare with its peers on margins? Fortive's fiscal 2025 operating margin was 17.3%, against a peer median of 7.4%. ### How are these peers chosen? By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict. ### How does Fortive rank among all companies in its SEC industry? Among 12 SEC filers under SIC code 3823, Fortive ranks 4 by latest revenue, and 3 of 12 by operating margin (17.3% against a median of 10.4%). ## References - [SEC EDGAR: Fortive Corp Form 10-K filed February 25, 2026](https://www.sec.gov/Archives/edgar/data/1659166/000165916626000007/ftv-20251231.htm) - [SEC EDGAR: Fortive Corp annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1659166&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Fortive company dossier](https://www.getswoopr.com/stocks/companies/fortive/) - [Fortive financial metrics](https://www.getswoopr.com/stocks/companies/fortive/metrics/) - [Fortive financial risk indicators](https://www.getswoopr.com/stocks/companies/fortive/risks/) - [Fortive peer comparison](https://www.getswoopr.com/stocks/companies/fortive/competitors/) - [Fortive business model and revenue mix](https://www.getswoopr.com/stocks/companies/fortive/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).