Veralto Corporation (VLTO) Stock Analysis
Industrials · Pollution & Treatment Controls · NYSE
Veralto Corporation (VLTO) posted $5.50B in revenue for fiscal 2025 (up 6.0% year over year), at a 17.1% net margin, and has compounded revenue about 4.0%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Veralto Corporation
Veralto Corporation has grown revenue from $4.70B to $5.50B over the last 5 fiscal years, compounding about 4% a year. The most recent year was up 6%, so growth is actually accelerating.
Net margin sits at 17.1%, up 1.1 points year over year on a 59.9% gross margin. It carries about $2.67B of total debt.
At today's valuation the market is pricing in roughly 9.4% annual free-cash-flow growth.
Synthesised from Veralto Corporation's SEC filings — descriptive, not advice. Ask the analyst your own question →
Veralto Corporation revenue & earnings — last 5 fiscal years
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $4.70B | $4.87B | $5.02B | $5.19B | $5.50B |
| Gross profit | $2.71B | $2.76B | $2.90B | $3.10B | $3.30B |
| Net income | $861.00M | $845.00M | $839.00M | $833.00M | $940.00M |
| Net margin | 18.3% | 17.4% | 16.7% | 16.0% | 17.1% |
Source: Veralto Corporation SEC filings (10-K).
Veralto Corporation: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
What growth is priced into VLTO stock?
At today's market cap of $22.96B, Veralto Corporation is priced for free-cash-flow growth of about 9.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.01B from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 5 years of Veralto Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Veralto Corporation financial history by metric
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About Veralto Corporation
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.
Veralto Corporation — frequently asked questions
What is Veralto Corporation's revenue?
Veralto Corporation (VLTO) reported revenue of $5.50B for fiscal year 2025, up 6.0% from the prior year, according to its SEC filings.
Is Veralto Corporation profitable?
Yes. VLTO earned net income of $940.00M in fiscal 2025, a net margin of 17.1%.
What is VLTO's P/E ratio?
Veralto Corporation trades at a price-to-earnings ratio of about 23.7 based on the latest data in our nightly-refreshed cache.
How fast is Veralto Corporation growing?
VLTO's revenue grew at roughly 4.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Veralto Corporation have?
As of fiscal year 2025, VLTO carried roughly $2.67B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Veralto Corporation's gross margin?
VLTO's gross margin was 59.9% in fiscal 2025 — gross profit of $3.30B on revenue of $5.50B.
What is Veralto Corporation's market cap?
Veralto Corporation (VLTO) has a market capitalization of about $22.96B, based on the latest data in our nightly-refreshed cache.
When does Veralto Corporation's fiscal year end?
VLTO's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into VLTO stock?
At today's market cap of $22.96B, Veralto Corporation is priced for free-cash-flow growth of about 9.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.01B from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from Veralto Corporation's official SEC filings (10-K and 10-Q), covering 5 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.