NXT vs FTV
Comparison between Nextracker Inc - Class A (NXT, Company) and Fortive Corp (FTV, Company).
Both NXT and FTV are from the Technology sector.
NXT vs FTV - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
NXT
$19B
Winner
FTV
$19B
Max Drawdown
Winner
NXT
48.61%
FTV
52.83%
Sharpe Ratio
Winner
NXT
1.40
FTV
0.59
5Y Beta
NXT
1.15
Winner
FTV
0.93
Industry
NXT
Solar
FTV
Scientific & Technical Instruments
P/E Ratio
Winner
NXT
31.80
FTV
35.80
Forward P/E
NXT
27.17
Winner
FTV
20.24
PEG Ratio
NXT
1.20
FTV
N/A
Dividend Yield
NXT
N/A
FTV
0.33%
5Y Dividends CAGR
NXT
N/A
FTV
8.42%
5Y EPS CAGR
NXT
N/A
FTV
-17.00%
Debt to Equity
Winner
NXT
0.00%
FTV
57.36%
Free Cash Flow Yield
NXT
2.76%
Winner
FTV
5.21%
NXT vs FTV - Historical Returns
Returns include dividend reinvestment.
1M
NXT
-6.38%
Winner
FTV
+3.42%
3M
NXT
+9.12%
Winner
FTV
+11.29%
6M
Winner
NXT
+44.07%
FTV
+11.76%
1Y
Winner
NXT
+113.75%
FTV
+16.50%
5Y(CAGR)
NXT
N/A
FTV
+3.71%
10Y(CAGR)
NXT
N/A
FTV
+7.40%
Max(CAGR)
Winner
NXT
+52.67%
FTV
+7.40%
NXT vs FTV - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | NXT | FTV |
|---|---|---|
| 2026 | +35.70% | +10.30% |
| 2025 | +120.53% | -0.99% |
| 2024 | -22.96% | +4.20% |
| 2023 | +53.81% | +15.04% |
| 2022 | N/A | -12.28% |
| 2021 | N/A | +11.30% |
| 2020 | N/A | +9.58% |
| 2019 | N/A | +13.85% |
| 2018 | N/A | -6.18% |
| 2017 | N/A | +35.24% |
| 2016 | N/A | +8.54% |
NXT vs FTV Drawdown Comparison
The maximum drawdown for NXT was -48.61%, occurring on Oct 24, 2024. Recovery took 313 trading sessions.
The maximum drawdown for FTV was -52.65%, occurring on Mar 23, 2020. Recovery took 504 trading sessions.
The current NXT drawdown is -19.50%. The current FTV drawdown is -5.22%.
| Rank | NXT | FTV |
|---|---|---|
| #1 | -48.61% Feb 14, 2024 - May 15, 2025 | -52.65% Apr 24, 2019 - Apr 23, 2021 |
| #2 | -28.42% May 29, 2026 - Jun 10, 2026 | -32.10% Nov 19, 2021 - Aug 8, 2023 |
| #3 | -25.21% Jul 27, 2023 - Dec 14, 2023 | -28.03% Feb 28, 2024 - Aug 1, 2025 |
| #4 | -23.27% Nov 5, 2025 - Jan 28, 2026 | -27.10% Sep 18, 2018 - Apr 12, 2019 |
| #5 | -19.04% Jul 7, 2025 - Aug 18, 2025 | -18.97% Aug 14, 2023 - Feb 1, 2024 |
| #6 | -18.74% Feb 18, 2026 - Mar 24, 2026 | -12.41% Mar 9, 2018 - Jun 15, 2018 |
| #7 | -18.35% Mar 25, 2026 - May 13, 2026 | -11.38% Aug 15, 2016 - Nov 10, 2016 |
| #8 | -18.15% Mar 31, 2023 - May 12, 2023 | -9.70% Jan 26, 2018 - Feb 22, 2018 |
| #9 | -16.59% Dec 21, 2023 - Feb 1, 2024 | -8.66% Apr 29, 2021 - Aug 11, 2021 |
| #10 | -16.13% May 15, 2026 - May 29, 2026 | -7.89% Jul 14, 2016 - Aug 11, 2016 |
| #11 | -15.91% Mar 7, 2023 - Mar 30, 2023 | -7.83% Aug 13, 2021 - Nov 1, 2021 |
| #12 | -12.82% Jun 15, 2023 - Jul 27, 2023 | -7.75% Jun 15, 2018 - Jul 26, 2018 |
| #13 | -11.72% May 15, 2025 - Jul 3, 2025 | -5.09% Feb 26, 2018 - Mar 8, 2018 |
| #14 | -8.48% Feb 15, 2023 - Mar 3, 2023 | -4.35% Nov 30, 2017 - Jan 17, 2018 |
| #15 | -8.26% Sep 5, 2025 - Sep 18, 2025 | -4.18% Nov 25, 2016 - Feb 3, 2017 |
Correlation
Correlation between NXT and FTV 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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