Veralto (VLTO)

Industrials · $28.3B market cap · SEC CIK 0001967680

Next reports on Feb 1, 2027, after the close, with analysts expecting $1.17 in earnings per share.

52-week range $80.03 to $119.03. 1% below its 52-week high and 48% above its low.

The case for VLTO

• Earns 32% back on shareholder equity.
• Generated $1.0B of free cash flow in FY2025, 18% of revenue.
• Holds more cash ($2.0B) than long-term debt ($2.0B).
• Gross margin of 60% absorbs cost shocks.
• Moves less than the market (beta 0.66).
• Current assets cover the near-term bills 2.0 times over.

The case against

• Expensive for its growth: 28.2× earnings, where 5% a year of growth would justify about 17×.
• Growth is weak (39/100): revenue +6.4%, EPS +10.8%, +4.8% a year over five years.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Each factor except momentum is half fixed thresholds, half rank among the 79 Industrials companies.

The financials

The financials, five years deep

Pulled from Veralto's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Veralto says it does

Our Company Veralto Corporation’s unifying purpose is Safeguarding the World’s Most Vital Resources TM . Our diverse group of leading operating companies provide essential technology solutions that monitor, enhance and protect key resources around the globe. We are committed to the advancement of public health and safety and believe we are positioned to support our customers as they address large global challenges including environmental resource sustainability, water scarcity, management of severe weather events, food and pharmaceutical security, and the impact of an aging workforce. For decades, we have used our scientific expertise and innovative technologies to address complex challenges our customers face across regulated industries – including municipal utilities, food and beverage, pharmaceutical and industrials – where the consequence of failure is high. Through our core offerings in water analytics, water treatment, marking…

Risk factors VLTO lists in its 10-K

• Conditions in the global economy, including military conflicts, the particular markets we serve and the financial markets can adversely affect our business and financial statements
• We face intense competition and if we are unable to compete effectively, we may experience decreased demand and decreased market share. Even if we compete effectively, we may be required to reduce the prices we charge
• Our growth depends in part on the timely development and commercialization, and customer acceptance, of new and enhanced products and services based on technological innovation
• Uncertainties with respect to the development, deployment, and use of artificial intelligence in our business and products may result in harm to our business and financial statements
• Non-U.S. economic, political, legal, compliance, social and business factors can negatively affect our business and financial statements
• Our growth can suffer if the markets into which we sell our products and services decline, do not grow as anticipated or experience cyclicality
• Any inability to consummate acquisitions at our historical rate and at appropriate prices, and to make appropriate investments that support our long-term strategy, could negatively impact our business
• Our acquisition or divestiture of businesses, investments, joint ventures and other strategic relationships can negatively impact our business and financial statements
• Significant disruptions in, or breaches in security of, our information technology systems or data or violation of data privacy laws can adversely affect our business and financial statements
• Defects, unanticipated use or inadequate disclosure with respect to our products or services, or allegations thereof, can adversely affect our business and financial statements
• If we suffer loss to our facilities, supply chains, distribution systems or information technology systems due to catastrophe or other events, our operations could be seriously harmed
• Climate change and sustainability matters, legal or regulatory measures to address climate change and sustainability matters, and any inability on our part to address related stakeholder expectations may negatively affect us
• Our financial results are subject to fluctuations in the cost and availability of the supplies that we use in and the labor we need for our operations
• Our success depends on our ability to recruit, retain and motivate talented employees representing diverse backgrounds, experiences and skill sets
• Our restructuring actions can have long-term adverse effects on our business and financial statements
• We may be required to recognize impairment charges for our goodwill and other intangible assets
• Foreign currency exchange rates can adversely affect our financial statements
• Changes in our tax rates or exposure to additional income tax liabilities or assessments can affect our profitability. In addition, audits by tax authorities can result in additional tax payments for prior periods
• Changes in tax law relating to multinational corporations could adversely affect our tax position
• Our businesses are subject to extensive regulation; failure to comply with those regulations could adversely affect our business and financial statements
• We are subject to or otherwise responsible for a variety of litigation and other legal and regulatory proceedings in the course of our business that can adversely affect our business and financial statements
• Our operations, products and services expose us to the risk of environmental, health and safety liabilities, costs and violations that could adversely affect our business and financial statements
• Certain provisions in Veralto’s certificate of incorporation and bylaws, and of Delaware law, may prevent or delay an acquisition of Veralto, which could decrease the trading price of Veralto’s common stock
• The forum selection provisions under Veralto’s certificate of incorporation could discourage lawsuits against Veralto and Veralto’s directors, officers, employees and stockholders

Filings

Other Industrials companies