Both in Industrial Instruments

Ralliant vs Fortive

Over the past year RAL returned +60.9% and FTV returned +36.9%; their daily moves had a correlation of 0.16.

RAL +60.9% FTV +36.9%Growth of $1, one year, split-adjusted
MetricRALFTV
Price$71.23$68.59
Market cap$7.88B$20.41B
Today−0.11%+2.66%
1 month−3.6%+18.5%
6 months+51.5%+13.6%
Year to date+39.9%+24.2%
1 year+60.9%+36.9%
Revenue growth (YoY)—+7.8%
Gross margin51.6%64.2%
Net margin10.1%15.6%
P/E (TTM)—31.3×
Price / sales3.6×4.6×
Net cash-$877.6M-$3.14B
Dividend yield0.28%0.41%
Volatility (60d)38.1%23.4%
Short % of float4.4%6.0%
Next earnings——

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