Both in Industrial Instruments

Mesa Laboratories vs Fortive

Over the past year MLAB returned +70.4% and FTV returned +28.5%; their daily moves had a correlation of 0.21.

MLAB +70.4% FTV +28.5%Growth of $1, one year, split-adjusted
MetricMLABFTV
Price$131.02$63.57
Market cap$733.1M$19.20B
Today+1.37%+3.16%
1 month0.0%+14.7%
6 months+36.8%+2.9%
Year to date+66.9%+15.1%
1 year+70.4%+28.5%
Revenue growth (YoY)+1.0%+7.9%
Gross margin64.9%63.4%
Net margin4.7%14.3%
P/E (TTM)152.7×35.9×
Price / sales2.9×4.4×
Net cash-$112.2M-$3.14B
Dividend yield0.49%0.44%
Volatility (60d)46.5%21.4%
Short % of float7.7%6.0%
Next earnings——

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