Veralto Corp (VLTO)
Industrials · Environmental & Facilities Services · US stock · S&P 500 component
$101.04
▲ +0.08 (0.08%)
Fair valueFair
$105 +3.5% to fair value
$52fair band $73–$136$157
Day's range
$99.99 – $101.70
52-week range
$79.80 – $105.16
About Veralto Corp
Veralto provides water analytics, water treatment, and product identification and marking solutions. Its businesses supply instruments, chemicals, consumables and software that help customers test and treat water and label and trace products. Revenue comes from equipment sales and, to a large extent, from repeat purchases of consumables, parts and services used with the installed equipment. Customers include municipalities, industrial plants and consumer goods makers.
Trailing twelve-month revenue stands at $5.6 billion. The three-year revenue growth rate is 4.2% a year. Profitability shows an operating margin of 23.1% and a return on invested capital of 23%. Net debt stands at 1.0 times EBITDA. Shareholders receive a dividend, yielding 0.5%. This gives an X-Ray Score of 56 out of 100. These figures describe past results as reported and are a factual snapshot, not a forecast. Some measures, such as margins for real estate trusts and banks, are defined differently from those of industrial firms, so comparisons should be made with care.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $79.80 – $105.16Volume 2,570,800Daily, split-adjusted
Vitals
Market cap$25.2B
52-week range$79.80 – $105.16
Volume (last day)2,570,800
P/E (TTM)26.1
EBIT / EV yield4.9%
Free-cash-flow yield4.1%
Dividend yield0.5%
Revenue (TTM)$5.6B
Net income (TTM)$969M
Operating margin23.1%
Return on capital23.4%
Debt incl. leases$2.9B
Cash & securities$1.4B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$105model spread $99 – $110
Fair
+3.5% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $101
Undervalued < $73Fair $73 – $136Overvalued > $136
10-year DCF (market-scaled)
$101
Peer multiples
$107
Earnings power floor (not blended)
$43
Fundamentals-adjusted multiple
$105
Growth the price implies
11.9%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Fair
58/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield4.9%
Free-cash-flow yield4.1%
Fair value vs price1.0×
Growth
Weak
50/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)4.2%
EPS growth (3y)3.1%
Growth consistency100%
Profitability
Strong
71/100
Earns high returns on the capital it uses.
See the numbers →
Return on invested capital23.4%
Operating margin23.1%
Gross profitability43.7%
Financial health
Weak
46/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA1.0×
Interest cover13.9×
Dividends
Weak
39/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield0.5%
Dividends vs free cash flow12%
Quarterly results: last 6 quarters
+4.4%
Dec '24
+6.9%
Apr '25
+6.4%
Jul '25
+6.8%
Oct '25
+3.8%
Dec '25
+6.8%
Apr '26
Revenue against the same quarter a year earlier. Latest quarter revenue $1.4B, diluted EPS $1.02.
Compare with peers
ROL Rollins Inc59 WM Waste Management Inc52 RSG Republic Services, Inc...46Other Environmental & Facilities Services companies by X-Ray Score.
Fundamentals checklist
● 5 Good · ● 8 Average · ● 3 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Altman Z''Average
Piotroski F-ScoreBad
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Current ratioAverage
Net debt / EBITDAGood
Interest coverAverage
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalGood
Operating marginGood
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 57/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.9B | $5.0B | $5.2B | $5.5B |
| Operating income | $1.0B | $1.1B | $1.1B | $1.2B | $1.3B |
| Net income | $861M | $845M | $839M | $833M | $940M |
| Operating cash flow | $896M | $870M | $963M | $875M | $1.1B |
| Operating margin | 22.1% | 22.8% | 22.7% | 23.3% | 23.2% |
| Free cash flow | $842M | $836M | $909M | $820M | $1.0B |
| Diluted EPS | $3.50 | $3.43 | $3.40 | $3.34 | $3.76 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 3 neutral · 1 bearish
Weekly
Strongly bullish
9 bullish · 1 neutral · 0 bearish
Monthly
Bullish
4 bullish · 1 neutral · 1 bearish
Moving averages (daily)
| SMA 10 | 98.20 | Bullish |
| EMA 10 | 98.72 | Bullish |
| SMA 20 | 96.89 | Bullish |
| EMA 20 | 97.59 | Bullish |
| SMA 50 | 96.92 | Bullish |
| EMA 50 | 96.23 | Bullish |
| SMA 100 | 93.04 | Bullish |
| EMA 100 | 94.66 | Bullish |
| SMA 200 | 92.59 | Bullish |
| EMA 200 | 94.35 | Bullish |
Oscillators (daily)
| RSI (14) | 69.15 | Neutral |
| MACD (12, 26) | 1.13 | Bullish |
| Momentum (12) | 7.12 | Bullish |
| Stochastic %K (14) | 71.69 | Neutral |
| Williams %R (14) | -28.31 | Neutral |
| CCI (20) | 173.1 | Bearish |
Pivot points (classic, last session)
S3 98.41 | S2 99.20 | S1 100.1 | Pivot 100.9 | R1 101.8 | R2 102.6 | R3 103.5 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
0.52 USD
Yield on today's price
0.51%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 30 Sep 2026 | 0.1300 |
| 30 Jun 2026 | 0.1300 |
| 31 Mar 2026 | 0.1300 |
| 31 Dec 2025 | 0.1300 |
| 30 Sep 2025 | 0.1100 |
| 30 Jun 2025 | 0.1100 |
| 31 Mar 2025 | 0.1100 |
| 31 Dec 2024 | 0.1100 |
| 27 Sep 2024 | 0.0900 |
| 28 Jun 2024 | 0.0900 |
| 27 Mar 2024 | 0.0900 |
| 28 Dec 2023 | 0.0900 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
VLTO SEC filings
29 Jul 2026
10-QSEC EDGAR
Quarterly report
28 Jul 2026
8-KSEC EDGAR
Results of operations
1 Jun 2026
8-KSEC EDGAR
Entered a material agreement; Other events
28 May 2026
424B5SEC EDGAR
424B5
27 May 2026
424B5SEC EDGAR
424B5
14 May 2026
8-KSEC EDGAR
Shareholder vote results
29 Apr 2026
10-QSEC EDGAR
Quarterly report
28 Apr 2026
8-KSEC EDGAR
Results of operations
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.