V
Veralto Corporation
VLTO · NYSE · USD
Financials
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market cap | $24,775 | $25,188 | $20,261 | – | – | – |
| Enterprise value | $25,418 | $26,861 | $22,282 | – | – | – |
| P/E (TTM) at period end | 26.36× | 30.24× | 24.15× | – | – | – |
| P/S (TTM) at period end | 4.50× | 4.85× | 4.04× | – | – | – |
| P/B at period end | 7.98× | 12.36× | 14.65× | – | – | – |
| EV / EBITDA (TTM) | 19.27× | 21.52× | 18.90× | – | – | – |
| EV / Sales (TTM) | 4.62× | 5.17× | 4.44× | – | – | – |
| Returns | ||||||
| Return on equity | 30.3% | 40.9% | 60.7% | 26.1% | 26.9% | – |
| Return on invested capital | 27.3% | 25.0% | 25.6% | 25.1% | 25.7% | – |
| Dividend yield | 0.4% | 0.4% | – | – | – | – |
| Financial health | ||||||
| Current ratio | 1.67× | 1.92× | 1.64× | 1.14× | 1.07× | – |
| Debt / equity | 0.86× | 1.28× | 1.92× | 0.01× | 0.01× | – |
| Effective tax rate | 19.9% | 23.3% | 23.4% | 24.1% | 17.8% | 23.8% |
| Share count | ||||||
| Diluted shares outstanding | 250 | 250 | 247 | 246 | 246 | 246 |
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue and gross profit | |||||||
| Revenue | $5,696 | $5,503 | $5,193 | $5,021 | $4,870 | $4,700 | $4,348 |
| Cost of revenue | ($2,268) | ($2,204) | ($2,088) | ($2,120) | ($2,110) | ($1,987) | ($1,838) |
| Gross profit | $3,428 | $3,299 | $3,105 | $2,901 | $2,760 | $2,713 | $2,510 |
| Operating expenses | |||||||
| Research and development | ($276) | ($266) | ($253) | ($225) | ($217) | ($244) | ($219) |
| Selling, general and administrative | ($1,857) | ($1,756) | ($1,644) | ($1,536) | ($1,431) | ($1,428) | ($1,340) |
| Total operating expenses | ($2,133) | ($2,022) | ($1,897) | ($1,761) | ($1,648) | ($1,672) | ($1,559) |
| Total costs and expenses | ($4,401) | ($4,226) | ($3,985) | ($3,881) | ($3,758) | ($3,659) | ($3,397) |
| Operating income | $1,295 | $1,277 | $1,208 | $1,140 | $1,112 | $1,041 | $951 |
| Earnings | |||||||
| EBITDA | $1,340 | $1,319 | $1,248 | $1,179 | $1,202 | $1,147 | $1,061 |
| Interest income | – | – | – | – | – | – | – |
| Interest expense | ($92) | ($96) | ($113) | ($30) | – | – | – |
| Pre-tax income | $1,209 | $1,173 | $1,086 | $1,096 | $1,113 | $1,047 | $950 |
| Income tax expense | ($221) | ($233) | ($253) | ($257) | ($268) | ($186) | ($226) |
| Net income | $988 | $940 | $833 | $839 | $845 | $861 | $724 |
| Per share | |||||||
| Diluted EPS (GAAP) | $3.96 | $3.76 | $3.34 | $3.40 | $3.43 | $3.50 | $2.94 |
| Basic EPS (GAAP) | $3.99 | $3.79 | $3.37 | $3.41 | $3.43 | $3.50 | $2.94 |
| Basic shares outstanding | 247 | 248 | 247 | 246 | 246 | 246 | 246 |
| Margins | |||||||
| Gross margin | 60.2% | 59.9% | 59.8% | 57.8% | 56.7% | 57.7% | 57.7% |
| Operating margin | 22.7% | 23.2% | 23.3% | 22.7% | 22.8% | 22.1% | 21.9% |
| Net margin | 17.3% | 17.1% | 16.0% | 16.7% | 17.4% | 18.3% | 16.7% |