In an exemplary method of monitoring performance of a fluid driven actuator for a valve, pressurized fluid is supplied through an actuator supply line to an inlet port of the actuator during a first time period to operate the actuator from a normal position to an actuated position. Pressure changes corresponding to a fluid flow condition in the actuator supply line are measured during the first time period, with the measured pressure changes defining a valve cycle pressure profile including a first inflection point corresponding to movement of the actuator from the normal position to the actuated position. The valve cycle pressure profile is analyzed to identify a non-compliant condition in at least one of the valve and the actuator. An output communicating the identified non-compliant condition is then generated.