Veralto Corporation logo VLTO - Veralto Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 5
HOLD 7
SELL 0
STRONG
SELL 0
| PRICE TARGET: $106.14 DETAILS
HIGH: $113.00
LOW: $102.00
MEDIAN: $105.00
CONSENSUS: $106.14
UPSIDE: 22.28%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1
Revenue
Revenue 1,422 1,396 1,404 1,371 1,332 1,345 1,314 1,288 1,246 1,288 1,255 1,253 1,225 1,257 1,219 1,231 1,172
Cost of Revenue 568 568 560 549 527 544 531 524 499 542 532 541 529 537 525 537 538
Gross Profit 854 828 844 822 805 801 783 764 747 746 723 712 696 720 694 694 634
Operating Expenses
R&D Expenses 68 68 67 67 64 69 63 61 60 57 55 57 56 53 52 55 57
SG&A Expenses 448 444 451 442 419 424 412 404 394 403 395 366 348 407 357 337 346
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 516 512 518 509 483 493 475 465 454 460 450 423 404 460 409 392 403
Operating Income
Operating Income 338 316 326 313 322 308 308 299 293 286 273 289 292 260 285 302 231
Interest Expense 24 20 21 28 27 28 27 30 28 25 5 0 0 146 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 356 333 347 332 335 328 330 318 299 308 294 317 314 282 306 325 256
EBIT 345 313 327 313 316 308 313 298 278 286 273 295 292 261 285 302 231
Income Before Tax 321 293 306 285 289 280 286 270 250 261 268 275 292 115 285 302 231
Income Tax Expense 67 39 67 63 64 53 67 67 66 61 63 66 67 35 67 71 51
Net Income 254 254 239 222 225 227 219 203 184 200 205 209 225 80 218 231 180
Per Share Data
EPS (Basic) 1.03 1.02 0.96 0.89 0.91 0.92 0.89 0.82 0.75 0.81 0.83 0.85 0.91 0.88 0.89 0.94 0.73
EPS (Diluted) 1.02 1.01 0.95 0.89 0.90 0.91 0.88 0.81 0.74 0.81 0.83 0.85 0.91 0.88 0.89 0.94 0.73
Shares Outstanding 247.6 248.6 248.5 248.2 247.9 247.3 247.4 247.2 246.9 246.4 246.3 246.1 246.1 246.1 246.3 246.1 246.1
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4
Current Assets
Cash & Cash Equivalents 1,431 2,031 1,775 1,559 1,239 1,101 1,267 1,043 827 762 426 250 0 0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 922 897 875 878 832 812 839 803 815 826 816 809 819 816
Inventory 332 307 340 329 310 288 326 312 308 297 316 333 349 345
Other Current Assets 259 197 205 187 177 186 185 175 167 188 102 101 0 119
Total Current Assets 2,944 3,432 3,195 2,953 2,558 2,387 2,617 2,333 2,117 2,073 1,660 1,493 1,292 1,280
Non-Current Assets
Property, Plant & Equipment 297 294 285 284 274 268 261 263 264 262 248 249 363 247
Goodwill 3,042 2,838 2,824 2,835 2,738 2,693 2,539 2,490 2,499 2,533 2,480 2,506 2,487 2,476
Intangible Assets 750 524 529 539 531 535 401 401 413 427 433 455 472 479
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 620 605 596 560 544 523 445 416 415 398 339 389 231 343
Total Non-Current Assets 4,709 4,261 4,234 4,218 4,087 4,019 3,646 3,570 3,591 3,620 3,500 3,599 3,553 3,545
Total Assets 7,653 7,693 7,429 7,171 6,645 6,406 6,263 5,903 5,708 5,693 5,160 5,092 4,845 4,825
Current Liabilities
Account Payables 426 416 400 411 407 395 424 397 402 431 354 392 410 440
Short-Term Debt 700 700 700 0 0 39 0 0 0 33 0 0 0 32
Deferred Revenue 0 0 0 0 0 237 0 0 0 208 0 0 0 192
Other Current Liabilities 858 940 937 864 763 330 802 793 754 403 680 618 616 243
Total Current Liabilities 1,984 2,056 2,037 1,275 1,170 1,245 1,226 1,190 1,156 1,265 1,034 1,007 1,026 1,123
Non-Current Liabilities
Long-Term Debt 1,962 1,973 1,972 2,672 2,630 2,599 2,639 2,615 2,618 2,629 2,604 2,580 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 702 558 573 563 536 371 438 426 446 280 479 472 352 357
Total Non-Current Liabilities 2,664 2,531 2,545 3,235 3,166 3,116 3,077 3,041 3,064 3,039 3,083 3,052 471 462
Total Liabilities 4,648 4,587 4,582 4,510 4,336 4,361 4,303 4,231 4,220 4,304 4,117 4,059 1,497 1,585
Stockholders' Equity
Common Stock 2 3,106 2 2 2 2 2 2 2 2 2 2 4,276 4,189
Retained Earnings 1,966 0 1,522 1,310 1,114 917 717 521 340 178 0 0 0 0
Accumulated Other Comprehensive Income (948) 0 (932) (892) (1,013) (1,071) (938) (1,007) (981) (954) (985) (926) 3,343 (954)
Total Stockholders' Equity 3,005 3,106 2,847 2,653 2,302 2,038 1,954 1,666 1,482 1,383 1,038 1,028 3,343 3,235
Total Liabilities & Equity 7,653 7,693 7,429 7,171 6,645 6,406 6,263 5,903 5,708 5,693 5,160 5,092 4,845 4,825
Debt Metrics
Total Debt 2,662 2,673 2,672 2,672 2,630 2,767 2,639 2,615 2,618 2,777 2,604 2,580 119 123
Net Debt 1,231 642 897 1,113 1,391 1,666 1,372 1,572 1,791 2,015 2,178 2,330 119 123
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1
Operating Activities
Net Income 254 254 239 222 225 227 219 203 184 200 205 209 225 216 218 231 180
Depreciation & Amortization 24 20 20 19 19 20 17 20 21 22 21 22 22 21 21 23 25
Stock-Based Compensation 16 0 21 24 16 13 17 20 15 20 13 13 9 11 8 11 11
Change in Working Capital (105) 10 (10) 74 (109) 25 (29) 8 (120) 21 4 42 (100) 89 10 (45) (160)
Other Non-Cash Items (7) 27 0 0 6 0 0 0 15 (70) 93 59 87 100 56 125 0
Operating Cash Flow 182 311 270 339 157 285 224 251 115 263 243 301 156 337 257 220 56
Investing Activities
Capital Expenditure (12) (20) (12) (16) (15) (22) (9) (11) (13) (22) (11) (12) (9) (8) (6) (10) (10)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 2 0 (4) (37) (1) (13)
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (427) (15) 0 (24) 4 (372) 3 0 (10) 0 (3) 0 0 0 0 0 0
Investing Cash Flow (439) (35) (12) (40) (11) (394) (6) (11) (23) (22) (14) (10) (9) (12) (43) (11) (23)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 2,608 0 0 0 0 0 0
Stock Repurchased (300) 0 0 0 0 0 0 0 0 93 198 0 0 (325) (214) 0 0
Dividends Paid (32) (27) (28) (27) (27) (22) (23) (22) (22) 0 0 0 0 0 0 0 0
Other Financing Activities 0 0 (15) 0 0 24 0 0 0 4 (2,600) (291) (147) 0 0 (209) (33)
Financing Cash Flow (332) (25) (36) (15) (26) (16) (16) (13) (20) 97 206 (291) (147) (325) (214) (209) (33)
Cash Position
Net Change in Cash (600) 256 216 320 138 (166) 224 216 65 336 426 0 0 0 0 0 0
Cash at Beginning 2,031 1,775 1,559 1,239 1,101 1,267 1,043 827 762 426 9 0 0 0 0 0 0
Cash at End 1,431 2,031 1,775 1,559 1,239 1,101 1,267 1,043 827 762 435 0 0 0 0 0 0
Free Cash Flow 170 291 258 323 142 263 215 240 102 241 232 289 147 329 251 210 46
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1
Income Statement
Revenue 1,422 1,396 1,404 1,371 1,332 1,345 1,314 1,288 1,246 1,288 1,255 1,253 1,225 1,257 1,219 1,231 1,172
Gross Profit 854 828 844 822 805 801 783 764 747 746 723 712 696 720 694 694 634
Operating Income 338 316 326 313 322 308 308 299 293 286 273 289 292 260 285 302 231
Net Income 254 254 239 222 225 227 219 203 184 200 205 209 225 80 218 231 180
EPS (Diluted) 1.02 1.01 0.95 0.89 0.90 0.91 0.88 0.81 0.74 0.81 0.83 0.85 0.91 0.88 0.89 0.94 0.73
Balance Sheet
Cash & Equivalents 1,431 2,031 1,775 1,559 1,239 1,101 1,267 1,043 827 762 426 250 0 0
Total Assets 7,653 7,693 7,429 7,171 6,645 6,406 6,263 5,903 5,708 5,693 5,160 5,092 4,845 4,825
Total Debt 2,662 2,673 2,672 2,672 2,630 2,767 2,639 2,615 2,618 2,777 2,604 2,580 119 123
Stockholders' Equity 3,005 3,106 2,847 2,653 2,302 2,038 1,954 1,666 1,482 1,383 1,038 1,028 3,343 3,235
Cash Flow
Operating Cash Flow 182 311 270 339 157 285 224 251 115 263 243 301 156 337 257 220 56
Capital Expenditure (12) (20) (12) (16) (15) (22) (9) (11) (13) (22) (11) (12) (9) (8) (6) (10) (10)
Free Cash Flow 170 291 258 323 142 263 215 240 102 241 232 289 147 329 251 210 46