FTV vs NXT
Comparison between Fortive Corp (FTV, Company) and Nextracker Inc - Class A (NXT, Company).
Both FTV and NXT are from the Technology sector.
FTV vs NXT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
FTV
$19B
NXT
$19B
Max Drawdown
FTV
52.83%
Winner
NXT
48.61%
Sharpe Ratio
FTV
0.59
Winner
NXT
1.40
5Y Beta
Winner
FTV
0.93
NXT
1.15
Industry
FTV
Scientific & Technical Instruments
NXT
Solar
P/E Ratio
FTV
35.80
Winner
NXT
31.80
Forward P/E
Winner
FTV
20.24
NXT
27.17
PEG Ratio
FTV
N/A
NXT
1.20
Dividend Yield
FTV
0.33%
NXT
N/A
5Y Dividends CAGR
FTV
8.42%
NXT
N/A
5Y EPS CAGR
FTV
-17.00%
NXT
N/A
Debt to Equity
FTV
57.36%
Winner
NXT
0.00%
Free Cash Flow Yield
Winner
FTV
5.21%
NXT
2.76%
FTV vs NXT - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FTV
+3.42%
NXT
-6.38%
3M
Winner
FTV
+11.29%
NXT
+9.12%
6M
FTV
+11.76%
Winner
NXT
+44.07%
1Y
FTV
+16.50%
Winner
NXT
+113.75%
5Y(CAGR)
FTV
+3.71%
NXT
N/A
10Y(CAGR)
FTV
+7.40%
NXT
N/A
Max(CAGR)
FTV
+7.40%
Winner
NXT
+52.67%
FTV vs NXT - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | FTV | NXT |
|---|---|---|
| 2026 | +10.30% | +35.70% |
| 2025 | -0.99% | +120.53% |
| 2024 | +4.20% | -22.96% |
| 2023 | +15.04% | +53.81% |
| 2022 | -12.28% | N/A |
| 2021 | +11.30% | N/A |
| 2020 | +9.58% | N/A |
| 2019 | +13.85% | N/A |
| 2018 | -6.18% | N/A |
| 2017 | +35.24% | N/A |
| 2016 | +8.54% | N/A |
FTV vs NXT Drawdown Comparison
The maximum drawdown for FTV was -52.65%, occurring on Mar 23, 2020. Recovery took 504 trading sessions.
The maximum drawdown for NXT was -48.61%, occurring on Oct 24, 2024. Recovery took 313 trading sessions.
The current FTV drawdown is -5.22%. The current NXT drawdown is -19.50%.
| Rank | FTV | NXT |
|---|---|---|
| #1 | -52.65% Apr 24, 2019 - Apr 23, 2021 | -48.61% Feb 14, 2024 - May 15, 2025 |
| #2 | -32.10% Nov 19, 2021 - Aug 8, 2023 | -28.42% May 29, 2026 - Jun 10, 2026 |
| #3 | -28.03% Feb 28, 2024 - Aug 1, 2025 | -25.21% Jul 27, 2023 - Dec 14, 2023 |
| #4 | -27.10% Sep 18, 2018 - Apr 12, 2019 | -23.27% Nov 5, 2025 - Jan 28, 2026 |
| #5 | -18.97% Aug 14, 2023 - Feb 1, 2024 | -19.04% Jul 7, 2025 - Aug 18, 2025 |
| #6 | -12.41% Mar 9, 2018 - Jun 15, 2018 | -18.74% Feb 18, 2026 - Mar 24, 2026 |
| #7 | -11.38% Aug 15, 2016 - Nov 10, 2016 | -18.35% Mar 25, 2026 - May 13, 2026 |
| #8 | -9.70% Jan 26, 2018 - Feb 22, 2018 | -18.15% Mar 31, 2023 - May 12, 2023 |
| #9 | -8.66% Apr 29, 2021 - Aug 11, 2021 | -16.59% Dec 21, 2023 - Feb 1, 2024 |
| #10 | -7.89% Jul 14, 2016 - Aug 11, 2016 | -16.13% May 15, 2026 - May 29, 2026 |
| #11 | -7.83% Aug 13, 2021 - Nov 1, 2021 | -15.91% Mar 7, 2023 - Mar 30, 2023 |
| #12 | -7.75% Jun 15, 2018 - Jul 26, 2018 | -12.82% Jun 15, 2023 - Jul 27, 2023 |
| #13 | -5.09% Feb 26, 2018 - Mar 8, 2018 | -11.72% May 15, 2025 - Jul 3, 2025 |
| #14 | -4.35% Nov 30, 2017 - Jan 17, 2018 | -8.48% Feb 15, 2023 - Mar 3, 2023 |
| #15 | -4.18% Nov 25, 2016 - Feb 3, 2017 | -8.26% Sep 5, 2025 - Sep 18, 2025 |
Correlation
Correlation between FTV and NXT is 0.19 which considered as a very weak or no correlation - the stocks move independently of each other.
0.19
-101
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