Veralto Corporation

VLTO

$97.88

+0.69%

2026-09-03 16:00:02 EDT+$0.67

Industrials

Industrial - Pollution & Treatment Controls

NYSE

Active Trading

Veralto Corporation is a global provider specializing in critical solutions across water quality management, brand protection, and packaging aesthetics. Its operations are ...

Price Action of VLTO

$97.88

+0.69%+$0.67

High—

Low—

52W High-10.4%

Rel. vol—

Interval

Range6.5h

Volume—SMA5SMA10

—

Veralto Corporation, formed in October 2023 as a spin-off from Danaher Corporation, is a global technology leader dedicated to 'Safeguarding the World's Most Vital Resources™'. With over 17,000 employees across 250+ locations worldwide, the company generated approximately $5.5 billion in FY2025 sales. Its operations are structured into two primary segments: ...Veralto Corporation, formed in October 2023 as a spin-off from Danaher Corporation, is a global technology leader dedicated to 'Safeguarding the World's Most Vital Resources™'. With over 17,000 employees across 250+ locations worldwide, the company generated approximately $5.5 billion in FY2025 sales. Its operations are structured into two primary segments: Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment provides advanced instrumentation, treatment technologies, and digital tools for water analysis, purification, and management, catering to residential, commercial, municipal, industrial, and research sectors. Key brands include Hach, Trojan Technologies, and ChemTreat, along with essential chemical reagents and support services. The PQI segment focuses on product integrity and brand appeal, offering marking and coding systems, software for digital asset management, inline printing systems, design software, and color management tools. Notable brands under PQI are Videojet, Linx, Esko, X-Rite, and Pantone, serving the food & beverage, pharmaceutical, and industrial sectors. Veralto's diverse customer base includes municipal utilities, packaged goods companies, and various industrial enterprises. Financially, the company has shown strong profitability with a net profit margin of 17.3%, a return on equity of 32.8%, and a debt-to-equity ratio of 1.09. Its free cash flow generation is robust, with a free cash flow to equity of approximately $1.05 billion. The leadership team, headed by President and CEO Jennifer L. Honeycutt, emphasizes innovation and sustainability. The company's vision is to create enduring positive impact by solving water quality and product quality challenges, making it a vital partner for industries worldwide.ExpandCollapse

Founded

2023

Employees

17000

CEO

Jennifer L. Honeycutt

Full Name

Veralto Corporation

Sector

Industrials

Industry

Industrial - Pollution & Treatment Controls

ROE

32.79%

Market Cap

$23.86B

Current Ratio

1.78

WACC

7.64%

ROIC

18.04%

Contact Information

https://www.veralto.com

781 755 3655

225 Wyman Street, Waltham, MA 02451

Key Metrics of VLTO

Snapshot

Latest / TTM · 6 periods

Market Cap

$23.86B

ROCE

19.9%

EV / EBITDA

18.60x

-2.7% YoY

FCF Yield

4.4%

+0.3% YoY

Cash Conversion Cycle

44.7d

Current Ratio

1.78

Quick take

TTM —

Positive CCC

Financial Highlights of VLTO

Profitability trend

Latest / TTM · 6 periods

Gross Margin

60.2%

Net Margin

17.3%

P/E Ratio

24.53x

n/a

Debt / Equity

1.09

n/a

Current Ratio

1.78

Dividend Yield

0.5%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of VLTO

Upcoming

Oct 3, 2026In 29 days
Q4 2026 · Estimated results
Est. EPS $1.09 · Revenue $1.50B · 8 analysts
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $4.38 · Revenue $5.91B · 8 analysts
Jan 3, 2027
Q1 2027 · Estimated results
Est. EPS $1.13 · Revenue $1.52B · 7 analysts
Apr 3, 2027
Q2 2027 · Estimated results
Est. EPS $1.15 · Revenue $1.51B · 4 analysts

Recent history

Jul 31, 2026
Dividend payment
$0.50 per share
Jul 29, 2026
Q2 FY2026 · Results reported
EPS $0.98 · Revenue $1.47B
View filing
Jun 30, 2026
Ex-dividend date
$0.50 per share
Apr 29, 2026
Q1 FY2026 · Results reported
EPS $1.02 · Revenue $1.42B
View filing
Feb 20, 2026
FY2025 · Annual results
EPS $3.76 · Revenue $5.50B
View filing
Oct 29, 2025
Q3 FY2025 · Results reported
EPS $0.95 · Revenue $1.40B
View filing

Financial Statements of VLTO

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$5.5B	+6.0%	+3.7%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$940.0M	+12.8%	-5.1%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+59.9%	+0.3%	+1.9%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+23.2%	-0.2%	-10.1%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+17.1%	+6.5%	-8.5%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$1.0B	+23.7%	+92.9%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+18.4%	+16.7%	+86.1%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	86.1%	-36.6%	+23.2%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	1.67x	-12.9%	+19.6%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$7.7B	+20.1%	+11.8%

Actual vs Estimate

A Dec 31Q Oct 3

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	3.76 vs 3.84	-2.1%	0.98 vs 1.09	-9.9%
Revenue Surprise	$5.5B vs $5.5B	-0.2%	$1.5B vs $1.5B	-1.6%

Insider Transactions of VLTO

Acquisitions (A)

Since Jul 17, 2026

Disposals (D)

Since Jul 17, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Aug 17, 2026	Trivedi Surekha	officer: SVP, Strategy & Sustainability	Common Stock	D	986	$97.05
Jul 29, 2026	Honeycutt Jennifer	director, officer: President and CEO	Common Stock	A	7,097	$28.76
Jul 29, 2026	Honeycutt Jennifer	director, officer: President and CEO	Common Stock	D	7,097	$101.52
Jul 29, 2026	Honeycutt Jennifer	director, officer: President and CEO	Employee Stock Option (Right to Buy)	D	7,097	$28.76
Jul 24, 2026	Williams Thomas	director	Veralto Non-Employee Directors' Deferred Compensation Plan	A	183	—

Earnings Call Transcript of VLTO

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Hello. My name is Nikki, and I will be your conference operator this morning. At this time, I would like to welcome everyone to Veralto Corporation's Second Quarter 2026 Conference Call. I will now turn the call over to Ryan Taylor, Vice President of Investor Relations. Mr. Taylor, you may begin your conference. Ryan Taylor: Good morning, everyone. Thanks for joining us on the call. With me today are Jennifer Honeycutt, our President and Chief Executive Officer; and Sameer Ralhan, our Senior Vice President and Chief Financial Officer. Today's call is simultaneously being webcast. A replay of the webcast will be available in the Investors section of our website later today under the heading Events & Presentations. A replay of this call will be available until August 7. Yesterday, we issued our second quarter 2026 earnings news release, earnings presentation, prepared remarks and supplemental materials, including information required by the SEC relating to adjusted or non-GAAP financial measures. These materials are also available on the Investors section of our website, www.veralto.com, under the heading Quarterly Earnings. Reconciliations of all non-GAAP measures are also provided in the appendix of the webcast slides. Unless otherwise noted, all references to variances are on a year-over-year basis. During the call, we will make forward-looking statements within the meaning of the federal securities laws, including statements regarding events or developments that we believe or anticipate will or may occur in the future. These forward-looking statements are subject to a number of risks and uncertainties, including those set forth in our SEC filings. Actual results may differ materially from our forward-looking statements. These forward-looking statements speak only as of the date that they are made, and we do not assume any obligation to update any forward-looking statements, except as required by law. And with that, I'll turn the call over to Jennifer. Jennifer Honeycutt: Thanks, Ryan. I want to start by thanking our 17,000 associates for their efforts in delivering an excellent second quarter. In Q2, total sales grew 7.6% year-over-year. Adjusted EPS increased 19.4%, and we generated robust free cash flow of $328 million. We delivered 4.2% core sales growth led by Water Quality at 5.7% and PQI at 2%. As expected, core sales growth in both segments accelerated sequentially from Q1 to Q2. We expect year-over-year core sales growth to continue accelerating in the second half to approximately 5% to 6%. Based on our Q2 performance and momentum across the portfolio, we raised our full year adjusted EPS guidance to $4.35 to $4.43 per share, representing 12% to 14% growth year-over-year. We continue to advance long-term value creation through strategic bolt-on acquisitions, including last week's acquisition of Alfaa UV, an India-based leader in UV water treatment solutions. I'm excited to welcome our new associates from Alfaa UV to …

Leadership Team of VLTO

10 executives

Name	Title	Compensation	Gender	Year Born	Status
Jennifer L. Honeycutt	President, Chief Executive Officer & Director	USD 4,310,328	Female	1970	Active
Sameer Ralhan	Senior Vice President & Chief Financial Officer	USD 2,175,245	Male	1974	Active
Mattias Byström	Chief Segment Officer & Senior Vice President of Product Quality & Innovation	USD 2,132,578	Male	1974	Active
Melissa Kapity	Senior VP & Chief Segment Officer- Water Quality	USD 1,895,036	Female	1972	Active
Lesley Beneteau	Senior VP & Chief Human Resources Officer	USD 1,619,752	Female	1973	Active
Kimberly Y. Chainey	Senior Vice President & Chief Legal Officer	USD 1,116,296	Female	1976	Active
Vaneet Malhotra	Senior Vice President of Corporate Development	—	Male	—	Active
Bernard Skeete	Vice President & Chief Accounting Officer	—	Male	1973	Active
Ryan A. Taylor	Vice President of Investor Relations	—	Male	1976	Active
Paxton McVoy	Senior Vice President & Chief Information Officer	—	Male	—	Active

Recent News of VLTO

Zacks Investment Research8/13/2026Neutral

Reasons Why Investors Can Consider Buying Veralto Stock Now

VLTO stock gains 5.2% over the past month, while rising earnings estimates, solid growth prospects and strong liquidity support its momentum.

Defense World8/12/2026Neutral

Veralto Corporation $VLTO Shares Sold by City Holding Co.

City Holding Co. decreased its position in Veralto Corporation (NYSE: VLTO) by 39.0% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,584 shares of the company's stock after selling 6,135 shares during the period. City Holding Co.'s

Seeking Alpha8/6/2026Neutral

Diamond Hill Small-Mid Cap Fund Q2 2026 Portfolio Review

The Fund increased 9.71% compared to a 20.26% increase for the Russell 2500 Index. We initiated a position in managed care provider Centene. Shares of website design software provider Wix.com were sold as the company's core business has experienced slowing growth due to AI-driven vibe coding.

Zacks Investment Research8/6/2026Neutral

Is VLTO Worth Buying as Growth Improves but Valuation Stays Rich?

Veralto's earnings momentum, recurring revenues and liquidity strengthen its growth case, but a premium valuation favors a selective approach.

Zacks Investment Research8/6/2026Neutral

VLTO Climbs 13.2% in 3 Months: Will Its Momentum Keep Building Now?

Veralto's Water Quality growth, margin gains and raised 2026 guidance support momentum, but its premium valuation raises the bar for execution.

Historical Employee Count of VLTO

Current

17,000

Change

+0.00%

Minimum

17,000

Maximum

17,000

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2025	17,000	10-K	Feb 20, 2026	View
Dec 31, 2024	17,000	10-K	Feb 25, 2025	View

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Veralto Corporation