Both in Industrial Instruments

Fortive vs Ralliant

Over the past year FTV returned +30.2% and RAL returned +51.8%; their daily moves had a correlation of 0.17.

FTV +30.2% RAL +51.8%Growth of $1, one year, split-adjusted
MetricFTVRAL
Price$65.23$67.21
Market cap$19.42B$7.44B
Today−0.93%−4.71%
1 month+16.8%−5.1%
6 months+10.5%+47.1%
Year to date+18.1%+32.0%
1 year+29.6%+54.2%
Revenue growth (YoY)+7.8%—
Gross margin64.2%51.6%
Net margin15.6%10.1%
P/E (TTM)29.8×—
Price / sales4.4×3.4×
Net cash-$3.14B-$877.6M
Dividend yield0.43%0.30%
Volatility (60d)22.5%36.2%
Short % of float6.0%4.4%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).