Veralto Corporation

Veralto Corporation

VLTO · NYSE · Industrials / Pollution & Treatment Controls

118.25USD+0.76 (+0.65%)

Price History

Full chart

Market Stats

Previous Close117.49
Open118.07
Day Range116.03 – 118.48
52-Week Range79.80 – 115.17
Volume1.50M
Market Cap27.09B
P/E (TTM)27.98
Forward P/E21.69
EPS3.97
Dividend Yield0.50%
Beta0.78
50-Day Avg98.20
200-Day Avg92.98

About

Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color solutions worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications under the Hach, Trojan Technologies, ChemTreat, and other brands. This segment also provides water solutions, including chemical reagents, services, and software solutions. The PQI segment offers marking and coding for packaged goods and related consumables; a software solution that provides digital asset management, marketing resource management, and product information management; inline printing solutions for products and packaging with marking and coding systems; design software and imaging systems for the creation of new packaging designs; color management solutions for printed packages and consumer and industrial products; and color standard services for the design industry. This segment sells its products and services through the Videojet, Linx, Esko, X-Rite, and Pantone brands. The company serves industries, such as municipal utilities, food and beverage, pharmaceutical, and industrials. The company was formerly known as DH EAS Holding Corp. and changed its name to Veralto Corporation in February 2023. Veralto Corporation was incorporated in 2022 and is headquartered in Waltham, Massachusetts.

Company Details

  • SectorIndustrials
  • IndustryPollution & Treatment Controls
  • CEOMs. Jennifer L. Honeycutt
  • Employees17.00K
  • Headquarters225 Wyman Street, Waltham, MA, United States, 02451, USA
  • Websitehttps://www.veralto.com

Leadership

  • Ms. Jennifer L. HoneycuttPresident, CEO & Director · b. 1970
  • Mr. Sameer RalhanSenior VP & CFO · b. 1974
  • Ms. Lesley BeneteauSenior VP & Chief Human Resources Officer · b. 1973
  • Mr. Mattias ByströmChief Segment Officer & Senior VP of Product Quality & Innovation · b. 1974
  • Ms. Melissa KapitySenior VP & Chief Segment Officer- Water Quality · b. 1972
  • Mr. Bernard M. SkeeteVP & Chief Accounting Officer · b. 1973
  • Mr. Ryan A. TaylorVice President of Investor Relations · b. 1976
  • Ms. Kimberly Y. ChaineySenior VP & Chief Legal Officer · b. 1976
  • Mr. Vaneet MalhotraSenior Vice President of Corporate Development
  • Ms. Surekha TrivediSenior Vice President of Strategy & Sustainability · b. 1976

Financials

Income Statement

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue4.35B4.70B4.87B5.02B5.19B5.50B
Growth (%)-+8.10%+3.62%+3.10%+3.43%+5.97%
Cost of Revenue1.84B1.99B2.11B2.12B2.09B2.20B
Gross Profit2.51B2.71B2.77B2.90B3.10B3.30B
Gross Margin57.73%57.72%56.86%57.78%59.79%59.95%
Operating Expense1.56B1.67B1.66B1.76B1.90B2.02B
Operating Income951.00M1.04B1.11B1.14B1.21B1.28B
Operating Margin21.87%22.15%22.83%22.70%23.26%23.21%
EBITDA1.06B1.15B1.20B1.21B1.28B1.35B
EBITDA Margin24.40%24.36%24.70%24.16%24.59%24.48%
Net Income724.00M861.00M845.00M839.00M833.00M940.00M
Net Income Margin16.65%18.32%17.35%16.71%16.04%17.08%
R&D219.00M244.00M217.00M225.00M253.00M266.00M
R&D as % of Total Revenue5.04%5.19%4.46%4.48%4.87%4.83%
Interest Expense-0146.00M30.00M113.00M96.00M
Interest Expense % of Total Revenue-0.00%3.00%0.60%2.18%1.74%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-4.84B4.83B5.69B6.41B7.69B
Total Liabilities-1.64B1.58B4.30B4.36B4.59B
Total Equity-3.20B3.24B1.38B2.04B3.10B
Cash--135.00M-123.00M762.00M1.10B2.03B
Total Debt-135.00M123.00M2.78B2.77B2.67B
Net Debt-135.00M123.00M2.02B1.67B642.00M

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.00B896.00M870.00M963.00M875.00M1.08B
Investing Cash Flow-157.00M-97.00M-89.00M-55.00M-434.00M-98.00M
Financing Cash Flow-844.00M-799.00M-781.00M-135.00M-65.00M-102.00M
Capital Expenditure36.00M54.00M34.00M54.00M55.00M63.00M
Free Cash Flow965.00M842.00M836.00M909.00M820.00M1.01B
Dividends Paid--0147.00M89.00M109.00M
FCF to OCF96.40%93.97%96.09%94.39%93.71%94.15%
Dividend Paid to FCF--0.00%16.17%10.85%10.75%

Earnings

Report DateAug 30, 2023Oct 25, 2023Feb 6, 2024Apr 23, 2024Jul 25, 2024Oct 23, 2024Feb 4, 2025Apr 29, 2025Jul 28, 2025Oct 28, 2025Feb 3, 2026Apr 28, 2026Jul 28, 2026Oct 27, 2026Oct 29, 2026
EPS Estimate0.000.710.810.760.800.850.890.870.880.950.981.011.001.091.10
EPS Actual0.790.750.870.840.850.890.950.950.930.991.041.071.11-1.18
Surprise-5.63%7.41%10.53%6.25%4.71%6.74%9.20%5.68%4.21%6.12%5.94%11.00%-7.27%
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hours

Key Statistics & Ratios

Market Cap27.09B
Enterprise Value26.63B
Trailing P/E27.98
Forward P/E21.69
PEG Ratio2.46
Price / Sales4.76
Price / Book8.19
EPS3.97
Book Value12.68
Revenue (TTM)5.70B
Gross Profit (TTM)3.43B
EBITDA1.39B
Profit Margin17.35%
Operating Margin21.37%
Return on Equity34.31%
Return on Assets10.31%
Shares Outstanding243.79M
Shares Float243.25M
Beta0.78
Dividend Yield0.50%
Dividend Rate0.52
Payout Ratio11.82%

Analyst Ratings

Buy
Based on 17 analystsTarget 114.00
  • Strong Buy
    9
  • Buy
    2
  • Hold
    6

Ownership Breakdown

Institutions
101.76%
Insiders
0.19%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    22.65M9.29%
  • Vanguard Capital Management, LLC
    16.04M6.58%
  • T. Rowe Price Investment Management,Inc.
    13.71M5.62%
  • Vanguard Portfolio Management, LLC
    12.15M4.98%
  • State Street Corp
    11.13M4.57%
  • First Trust Advisors L.P.
    8.19M3.36%
  • Geode Capital Management, LLC
    7.39M3.03%
  • Amvescap Plc.
    5.54M2.27%
  • Impax Asset Management Group PLC
    5.19M2.13%
  • The Goldman Sachs Group Inc
    4.04M1.66%
  • AllianceBernstein L.P.
    3.74M1.53%
  • Amundi
    3.53M1.45%
  • Morgan Stanley - Brokerage Accounts
    3.46M1.42%
  • Northern Trust Corp
    3.23M1.33%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    7.72M3.17%
  • T. Rowe Price Capital Appreciation
    6.63M2.72%
  • Vanguard 500 Index Investor
    6.40M2.63%
  • Vanguard MStar Mid Cap Index Instl
    5.22M2.14%
  • First Trust Rising Dividend Achiev ETF
    5.12M2.10%
  • iShares Core S&P 500 ETF
    3.25M1.33%

Dividends

20262×
0.13Jun 30, 20260.13Mar 31, 2026
20254×
0.13Dec 31, 20250.11Sep 30, 20250.11Jun 30, 20250.11Mar 31, 2025
20244×
0.11Dec 31, 20240.09Sep 27, 20240.09Jun 28, 20240.09Mar 27, 2024
20231×
0.09Dec 28, 2023