Pricing Log in Create free account
Saturday 17 October 2026 Export VLTO’s income statement to Excel — free account

Veralto Corporation

VLTO Industrials Pollution & Treatment Controls

Veralto Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, up 5.97% from fiscal 2024. In the quarter to June 2026, revenue grew 7.51%, EPS grew 10.1%, free cash flow grew 1.55% and total debt rose 26.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for five.

101.04 0.08 +0.08%
Market cap
$24.6B
P/E
25.3×
Fwd P/E
21.3×
Dividend yield
0.51%
F-score
5/9
Altman Z
5.04
Beneish M
−2.47
Dividend safety
84/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 3.05
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — 1 — 1 — — 1 — 2 1 — —
Insider Ownership 0.80%

Capital & Financial Ratios $m

Market Cap 24,610.00
Revenue 5,696.00
Net Income 988.00
Free Cash Flow 1,047.00
Net Debt 1,260.00
Current Ratio 1.78 (at or above 1.5: strong)
Debt/Equity 1.09
P/E ratio 25.32
Fwd P/E 21.30
P/S ratio 4.35
P/B ratio 8.00 (above 6: high)
Past 5Y EPS Growth 5.04%
This Y EPS Growth 12.56%
Next Y EPS Growth 9.23%
Next Y revenue growth 7.40%
Next 5Y EPS Growth 10.56%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 4.6×, against a ten-year median of 4.8×; over the ten years it ranged from 3.9× in 2026 to 5.8× in 2024.
P/E against its own 10 years 36.61%
10-year low 10-year high
P/S against its own 10 years 40.81%
10-year low 10-year high
P/B against its own 10 years 24.28%
10-year low 10-year high
EV/Sales against its own 10 years 37.27%
10-year low 10-year high
EV/FCF against its own 10 years 35.70%
10-year low 10-year high

Dividends

Payout Ratio 0.13
Annual Dividend Rate 0.52
Annual Dividend Yield 0.51%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.52
0.13
0.13
0.13
2025 0.46
0.11
0.11
0.11
0.13
2024 0.38
0.09
0.09
0.09
0.11
2023 0.09
0.09
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 762 1,101 2,031 2,119
Receivables 826 812 897 921
Inventory 297 288 307 336
Other — — — —
2,073 2,387 3,432 3,652
2023 2024 2025 Q'26
Payables 431 395 416 425
ST’ Debt — — 700 700
Other — — — —
1,265 1,245 2,056 2,057

Compound Annual Growth %

10y 5y 3y
Sales — 4.82% 4.16%
Cash Flow — 1.47% 7.37%
Earnings — 5.36% 3.62%
Book Value — 0.00% (1.40%)

Revenue $m

Mar Jun Sep Dec Year
’26 1,422 1,474 — — —
’25 1,332 1,371 1,404 1,396 5,503
’24 1,246 1,288 1,314 1,345 5,193
’23 1,225 1,253 1,255 1,288 5,021
’22 — 1,231 1,219 — 4,870
’21 — — — — 4,700
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 182 340 — — —
’25 157 339 270 311 1,077
’24 115 251 224 285 875
’23 156 301 243 263 963
’22 — 276 257 337 870
’21 — — — 896 896
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 170 328 — — —
’25 142 323 258 291 1,014
’24 102 240 215 263 820
’23 147 289 234 239 909
’22 — 256 251 329 836
’21 — — — 868 868
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.02 0.98 — — —
’25 0.90 0.89 0.95 1.01 3.76
’24 0.74 0.81 0.88 0.91 3.34
’23 0.91 0.85 0.83 0.81 3.40
’22 — 0.94 0.89 — 3.43
’21 — — — — 3.50
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — 65.51 73.91 83.87

Analyst estimates 2026–2028

Powerpack
High — — — — — — — 83.89 115.00 110.11
People
People Employees — — — — — — 16,000 16,000 17,000 17,000
Revenue/emp, $m — — — — 0.00 0.00 0.30 0.31 0.31 0.32
Income, $m
Income, $m Revenue — — — — 4,348 4,700 4,870 5,021 5,193 5,503
Gross margin, % — — — — 57.73 57.72 56.67 57.78 59.79 59.95
EBT — — — — 950 1,047 1,113 1,096 1,086 1,173
EBT margin, % — — — — 21.85 22.28 22.85 21.83 20.91 21.32
Net income — — — — 724 861 845 839 833 940
Depreciation — — — — 110 106 90 87 78 78
Per share, $
Per share, $ Revenue — — — — 17.67 19.08 19.77 20.38 21.00 22.16
Earnings — — — — 2.94 3.50 3.43 3.41 3.37 3.79
Cash flow — — — — 4.07 3.64 3.53 3.91 3.54 4.34
Capex — — — — (0.15) (0.11) (0.14) (0.22) (0.22) (0.25)
Free cash flow — — — — 3.92 3.52 3.39 3.69 3.32 4.08
Book value — — — — 0.00 13.00 13.15 5.64 8.27 12.51
Shares, m — — — — 246 246 246 246 247 248
Valuation, ×
Valuation, × P/E — — — — 22.37 22.37 22.37 23.81 30.13 26.40
P/S — — — — 3.87 3.87 3.87 3.98 4.85 4.50
P/B — — — — 18.37 18.37 18.37 14.37 12.32 7.98
EV/Sales — — — — 4.31 4.31 4.31 4.35 5.14 4.62
EV/FCF — — — — 21.36 21.36 21.36 24.02 32.54 25.07
Cash, $m
Cash, $m Operating cash flow — — — — 1,001 896 870 963 875 1,077
Capex — — — — (36) (28) (34) (54) (55) (63)
Free cash flow — — — — 965 868 836 909 820 1,014
Balance, $m
Balance, $m Working capital — — — — — 84 157 808 1,142 1,376
Total debt — — — — — 135 123 2,629 2,599 2,673
Net debt — — — — — 135 123 1,867 1,498 642
Shareholders’ equity — — — — — 3,201 3,240 1,389 2,045 3,106
Returns, %
Returns, % ROA — — — — 0.00 35.58 17.49 15.95 13.77 13.33
ROIC — — — — 0.00 19.50 20.67 21.88 21.31 21.29
ROE — — — — 0.00 0.00 26.24 36.25 48.51 36.50
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Veralto Corporation vs peers in Pollution & Treatment Controls (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
VLTO Veralto Corporation $24.6B 25.3× 21.3× +7.51% (above 0%: growing) +10.11% (above 0%: growing) +1.55% (above 0%: growing) 61.19% 21.37%
ZWS Zurn Elkay Water Solutions Cor $7.8B 28.7× 32.3× +10.46% (above 0%: growing) +126.67% (above 0%: growing) +56.89% (above 0%: growing) 58.72% 31.02% Compare
CECO CECO Environmental Corp. $3.6B — (loss-making) 68.7× +53.71% (above 0%: growing) n/m −177.98% (below 0%: shrinking) 30.34% (11.64%) Compare
PCT PureCycle Technologies, Inc. $641.9M — (loss-making) — (loss-making) +173.45% (above 0%: growing) n/m −80.41% (below 0%: shrinking) (671.72%) (916.09%) Compare
ADUR Aduro Clean Technologies Inc. $357.0M — (loss-making) — −97.97% (below 0%: shrinking) n/m +31.19% (above 0%: growing) 100.00% (309,633.33%) Compare
ERII Energy Recovery, Inc. $338.9M 22.9× — (loss-making) −57.24% (below 0%: shrinking) n/m +284.72% (above 0%: growing) 74.67% (49.05%) Compare
ARQ Arq, Inc. $81.0M — (loss-making) 78.0× +4.54% (above 0%: growing) n/m +46.21% (above 0%: growing) 38.52% (0.23%) Compare
ZONE Zone Frontier Inc. $60.6M — (loss-making) — −0.40% (below 0%: shrinking) n/m −2,753.59% (below 0%: shrinking) 49.85% (1,129.57%) Compare
FTEK Fuel Tech, Inc. $44.3M — (loss-making) — (loss-making) +16.68% (above 0%: growing) n/m −1,603.51% (below 0%: shrinking) 41.25% (24.13%) Compare
Median of peers $348.0M — 68.7× +7.50% — −24.61% 45.55% (36.59%)

All 18 Pollution & Treatment Controls stocks →

VLTO metrics, ten years each

Veralto Corporation (VLTO) key facts

  • Strength: Veralto Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, up 5.97% from fiscal 2024.
  • Strength: Net income was $940.0 million, or $3.79 per share (basic), a net margin of 17.1%.
  • Veralto Corporation (VLTO) is a Pollution & Treatment Controls company in the Industrials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, VLTO traded at $101.04, a market capitalization of $24.6 billion.
  • At that price the stock trades at 25.3× trailing-twelve-month earnings and 4.3× sales; its P/E is higher than 37% of its own readings over the past ten years.
  • Veralto Corporation pays an annual dividend of $0.52 per share, a yield of 0.51%, with a payout ratio of 13.1%.
  • Return on equity was 36.5% and debt-to-equity 1.09.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 5.04 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Veralto Corporation (VLTO) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/VLTO · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com