Is Fortive Corp (FTV) Halal?

NYSE Technology United States $17.1B
✓ HALAL
Confidence: 95/100
Fortive Corp (FTV) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 18.1% against the AAOIFI threshold of 30%, Fortive Corp comfortably passes the key financial ratio tests. The company operates in the Technology sector (Scientific & Technical Instruments), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 18.1%
/ 30%
2.1%
/ 30%
3.8%
/ 30%
0.06%
/ 5%
✓ HALAL
DJIM 18.1%
/ 33%
2.1%
/ 33%
3.8%
/ 33%
0.06%
/ 5%
✓ HALAL
MSCI 28.2%
/ 33%
3.2%
/ 33%
5.8%
/ 33%
0.06%
/ 5%
✓ HALAL
S&P 18.1%
/ 33%
2.1%
/ 33%
3.8%
/ 33%
0.06%
/ 5%
✓ HALAL
FTSE 28.2%
/ 33%
3.2%
/ 33%
5.8%
/ 50%
0.06%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
33.9
Forward: 16.9
EPS
$1.59
Dividend Yield
48.0%
Payout: 17.6%
P/B Ratio
2.6
EV/EBITDA
16.9
EV: $19.5B
Revenue
$4.2B
Growth: 4.6%
Beta
1.0
Average volatility
Current Ratio
0.7

Profitability

Gross Margin 63.5%
Operating Margin 20.1%
Net Margin 13.9%
Return on Equity (ROE) 6.4%
Return on Assets (ROA) 3.1%

Cash Flow & Balance Sheet

Operating Cash Flow$1.1B
Free Cash Flow$1.1B
Total Debt$3.3B
Debt-to-Equity51.2
Current Ratio0.7
Total Assets$11.7B

Price & Trading

Last Close$54.81
50-Day MA$56.33
200-Day MA$52.38
Avg Volume3.9M
Beta1.0
52-Week Range
$45.50
$62.42

About Fortive Corp (FTV)

CEO
Mr. Olumide O. Soroye J.D.
Employees
10,000
Sector
Technology
Industry
Scientific & Technical Instruments
Country
United States
Exchange
NYSE
Market Cap
$17.1B
Currency
USD

Fortive Corporation designs, develops, manufactures, and markets products, software, and services in the United States, China, and internationally. It operates through Intelligent Operating Solutions and Advanced Healthcare Solutions segments. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including maintenance, repair, measurement and condition monitoring, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. This segment markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, and SERVICECHANNEL brand names. The Advanced Healthcare Solutions segment provides critical workflow solutions comprising instrument sterilization, instrument tracking, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, FLUKE BIOMEDICAL, LANDAUER, and PROVATION brand names. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.

Purification Calculator

As a halal stock with 0.06% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Fortive Corp (FTV) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Fortive Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Fortive Corp's debt ratio?

Fortive Corp's debt ratio is 18.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 28.2%.

Does Fortive Corp require dividend purification?

Yes, Fortive Corp has an impermissible income ratio of 0.06%, which means 0.06% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Fortive Corp's key financial metrics?

Fortive Corp has a market capitalization of $17.1B, trailing P/E ratio of 33.9, and revenue of $4.2B. The company maintains a gross margin of 63.5% and a net margin of 13.9%. Return on equity stands at 6.4%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.