Veralto Corporation

Veralto still runs the same play: steady growth on recurring revenue, turned into cash. What changed is where the cash goes — buying businesses, buying back stock, a cost program — and whether growth can come from volume rather than price.How much of Veralto's 2026 growth came from price versus volume?

• Management has raised the yearly profit target at every report this year.

  Q2 FY2026 guidance puts profit per share growth at 12% to 14%, above the range set in February, and core sales accelerated from Q1 to Q2. Each raise is credited to order books, pricing and execution, so real demand is moving the number.

• The second half is meant to be a volume story, not a price story.

  Pricing carried the tariff year. Sameer Ralhan now says pricing "moderates slightly" and volume takes over as both segments accelerate. Volume is the growth a company can repeat; raising prices on the same goods is a one-time lift.Which Veralto segment is expected to drive the second-half volume pick-up?

• The cash pile is being spent faster than the profit from it arrives.

  2026 has absorbed about $1 billion of deals — In-Situ, GlobalVision, Alfaa UV — and a buyback worth 2% of the company, while net debt nearly doubled. The cost program saves nothing this year, so 2026 pays for profit that arrives later.What annual sales do In-Situ and GlobalVision add for Veralto?