VLTO

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Veralto Corp

Physical products Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $94.68
52-Week Range: $80.03 – $107.36
Market Cap: $23.56B
P/E (TTM): 24.34
EPS (TTM): 3.97
Dividend Yield: 0.55%

Advanced Metrics

Price/Book: 7.62
PEG Ratio: 2.24
Return on Equity: 34.31%
Return on Assets: 10.31%
Gross Margin: 60.18%
Operating Margin: 21.37%
Profit Margin: 17.35%
Current Ratio: 1.77
Debt/Equity: 1.16
Total Debt: $3.59B
Free Cash Flow: $807.12M
Revenue Growth: 7.50%
Earnings Growth: 10.10%
Enterprise Value: $24.56B

VLTO Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$4.87B	$5.02B	$5.19B	$5.50B
Cost of Revenue	$2.11B	$2.12B	$2.09B	$2.20B
Gross Profit	$2.76B	$2.90B	$3.10B	$3.30B
Research & Development	$217.00M	$225.00M	$253.00M	$266.00M
Selling, General & Admin	$1.43B	$1.54B	$1.64B	$1.76B
Operating Expenses	$1.65B	$1.76B	$1.90B	$2.02B
Operating Income	$1.11B	$1.14B	$1.21B	$1.28B
EBITDA	$1.20B	$1.21B	$1.28B	$1.35B
Pretax Income	$1.11B	$1.10B	$1.09B	$1.17B
Income Tax	$268.00M	$257.00M	$253.00M	$233.00M
Net Income	$845.00M	$839.00M	$833.00M	$940.00M
Diluted EPS	3.43	3.40	3.34	3.76
Diluted Shares	246.70M	246.80M	249.60M	250.30M

VLTO Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$0.00	$762.00M	$1.10B	$2.03B
Receivables	$816.00M	$826.00M	$812.00M	$897.00M
Inventory	$345.00M	$297.00M	$288.00M	$307.00M
Current Assets	$1.28B	$2.07B	$2.39B	$3.43B
Total Assets	$4.83B	$5.69B	$6.41B	$7.69B
Current Liabilities	$1.12B	$1.26B	$1.25B	$2.06B
Long-Term Debt	—	$2.63B	$2.60B	$1.97B
Total Debt	$123.00M	$2.78B	$2.77B	$2.88B
Total Liabilities	$1.58B	$4.30B	$4.36B	$4.59B
Retained Earnings	$0.00	$178.00M	$917.00M	$1.74B
Shareholders' Equity	$3.23B	$1.38B	$2.04B	$3.10B
Working Capital	$157.00M	$808.00M	$1.14B	$1.38B
Net Debt	—	$1.87B	$1.50B	$642.00M

VLTO Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$870.00M	$963.00M	$875.00M	$1.08B
Capital Expenditure	-$34.00M	-$54.00M	-$55.00M	-$63.00M
Free Cash Flow	$836.00M	$909.00M	$820.00M	$1.01B
Depreciation & Amortisation	$90.00M	$87.00M	$78.00M	$78.00M
Stock-Based Compensation	$41.00M	$55.00M	$65.00M	$74.00M
Investing Cash Flow	-$89.00M	-$55.00M	-$434.00M	-$98.00M
Financing Cash Flow	-$781.00M	-$135.00M	-$65.00M	-$102.00M
Dividends Paid	$0.00	$0.00	-$89.00M	-$109.00M
Share Repurchases	-$781.00M	-$147.00M	$0.00	$0.00
Net Change in Cash	—	$773.00M	$376.00M	$877.00M

VLTO Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$1.37B	$1.40B	$1.40B	$1.42B	$1.47B
Cost of Revenue	$549.00M	$560.00M	$568.00M	$568.00M	$572.00M
Gross Profit	$822.00M	$844.00M	$828.00M	$854.00M	$902.00M
Research & Development	$67.00M	$67.00M	$68.00M	$68.00M	$73.00M
Selling, General & Admin	$442.00M	$451.00M	$444.00M	$448.00M	$514.00M
Operating Expenses	$509.00M	$518.00M	$512.00M	$516.00M	$587.00M
Operating Income	$313.00M	$326.00M	$316.00M	$338.00M	$315.00M
EBITDA	$332.00M	$347.00M	$333.00M	$369.00M	$345.00M
Pretax Income	$285.00M	$306.00M	$293.00M	$321.00M	$289.00M
Income Tax	$63.00M	$67.00M	$39.00M	$67.00M	$48.00M
Net Income	$222.00M	$239.00M	$254.00M	$254.00M	$241.00M
Diluted EPS	0.89	0.95	1.01	1.02	0.98
Diluted Shares	249.90M	250.60M	250.50M	249.20M	245.80M

VLTO Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$1.56B	$1.77B	$2.03B	$1.43B	$2.12B
Receivables	$878.00M	$875.00M	$897.00M	$922.00M	$921.00M
Inventory	$329.00M	$340.00M	$307.00M	$332.00M	$336.00M
Current Assets	$2.95B	$3.19B	$3.43B	$2.94B	$3.65B
Total Assets	$7.17B	$7.43B	$7.69B	$7.65B	$8.56B
Current Liabilities	$1.27B	$2.04B	$2.06B	$1.98B	$2.06B
Long-Term Debt	$2.67B	$1.97B	$1.97B	$1.96B	$2.68B
Total Debt	$2.67B	$2.67B	$2.88B	$2.66B	$3.38B
Total Liabilities	$4.51B	$4.58B	$4.59B	$4.65B	$5.46B
Retained Earnings	$1.31B	$1.52B	$1.74B	$1.97B	$2.17B
Shareholders' Equity	$2.65B	$2.85B	$3.10B	$3.00B	$3.10B
Working Capital	$1.68B	$1.16B	$1.38B	$960.00M	$1.59B
Net Debt	$1.11B	$897.00M	$642.00M	$1.23B	$1.26B

VLTO Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$339.00M	$270.00M	$311.00M	$182.00M	$340.00M
Capital Expenditure	-$16.00M	-$12.00M	-$20.00M	-$12.00M	-$12.00M
Free Cash Flow	$323.00M	$258.00M	$291.00M	$170.00M	$328.00M
Depreciation & Amortisation	$19.00M	$20.00M	$20.00M	$24.00M	$29.00M
Stock-Based Compensation	$24.00M	$21.00M	$13.00M	$16.00M	$24.00M
Investing Cash Flow	-$40.00M	-$12.00M	-$35.00M	-$439.00M	-$206.00M
Financing Cash Flow	-$15.00M	-$36.00M	-$25.00M	-$332.00M	$558.00M
Dividends Paid	-$27.00M	-$28.00M	-$27.00M	-$32.00M	-$32.00M
Share Repurchases	$0.00	—	—	-$300.00M	-$134.00M
Net Change in Cash	$284.00M	$222.00M	$251.00M	-$589.00M	$692.00M

Market Snapshot

About

Veralto Corp. is a global provider of essential technology solutions for water quality and product identification markets. The company was spun off from Danaher Corporation and operates through two segments: Water Quality and Product Quality & Innovation. Veralto serves industrial, commercial, and residential customers worldwide with products and services that ensure safety, quality, and sustainability.