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NYSE · Technology

Veralto Corp (VLTO)

As-reported financials and SEC filings for Veralto Corp. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Veralto Corp

Veralto Corp provides technology solutions that monitor, enhance, and protect vital resources globally. It operates two main segments: Water Quality, which offers water analytics and treatment products to utilities and industries, and Product Quality & Innovation, which supplies marking, coding, packaging, and color management solutions to consumer packaged goods, pharmaceutical, and industrial companies. Veralto serves customers worldwide, including public and private utilities, brand owners, and manufacturers.

Snapshot

Revenue
$5.50B
Revenue growth (YoY)
6.0%
Net income
$940.0M
Diluted EPS
$3.76
Gross margin
59.9%
Operating margin
23.2%
Net margin
17.1%
FCF margin
18.4%
ROE
30.3%
net income / fiscal-year-end equity
P/E
24.8×
trailing when available, otherwise FY EPS
Market cap
$23.66B
Long-term debt / equity
0.64×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Veralto

  • Revenue grew 6.0% to $5.5B in FY2025, faster than the 3.4% the year before.
  • Operating margin is 23.2% in FY2025, +1.1 pp against 22.1% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $1.4B, up 6.8% from Q1 FY2025.
  • Free cash flow was $1.0B in FY2025, 18.4% of revenue.
  • Net income rose 12.8% to $940M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Veralto’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin59.9%
62nd percentile of 509
Operating margin23.2%
88th percentile of 563
Net margin17.1%
81st percentile of 577
FCF margin18.4%
68th percentile of 544
Revenue growth (YoY)+6.0%
40th percentile of 616
ROE30.3%
89th percentile of 540
P/E24.8×
42nd percentile of 330
Long-term debt / equity0.64×
69th percentile of 278
Short interest4.90d
70th percentile of 622

Veralto’s return on equity of 30.3% ranks in the 89th percentile of the 540 Technology companies reporting it. Veralto’s operating margin of 23.2% ranks in the 88th percentile of the 563 Technology companies reporting it.

No reported insider purchases (code P) in the last 90 days; 3 insider sales totaling $1.5M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+5 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$665.4M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$202.8M2.3MReduced
Millennium ManagementquantQ2 2026$183.0M2.1MAdded
Citadel AdvisorsquantQ2 2026$119.7M1.4MAdded
Renaissance TechnologiesquantQ2 2026$95.7M1.1MReduced
Gotham Asset ManagementQ2 2026$43.1M486.1KAdded
Gates Foundation TrustQ2 2026$11.0M124.3KHeld
Two Sigma InvestmentsquantQ2 2026$6.3M71.0KAdded
Bridgewater AssociatesQ2 2026$3.7M42.1KNew

No longer held by: D. E. Shaw (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
3
$1.5M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-17
filed 2026-08-19
Trivedi SurekhaSVP, Strategy & SustainabilitySell986$97.05$96K
2026-07-29
filed 2026-07-31
Honeycutt JenniferPresident and CEOSell7.1K$101.52$720K
2026-07-17
filed 2026-07-21
Honeycutt JenniferPresident and CEOSell7.1K$95.00$674K
2026-05-01
filed 2026-05-05
Skeete Bernard MChief Accounting OfficerSell300$88.21$26K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
6.3M
settled 2026-08-14
Change vs prior
+6.1%
vs previous settlement
Days to cover
4.90
at avg daily volume
Avg daily volume
1.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-146.3M+6.1%4.90
2026-07-316.0M-15.1%3.04
2026-07-157.0M-2.5%3.97
2026-06-307.2M+27.6%2.23
2026-06-155.6M-17.3%2.84
2026-05-296.8M+11.0%2.45
2026-05-156.1M+18.6%3.02
2026-04-305.2M+33.8%2.50

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$5.50B$5.19B$5.02B$4.87B$4.70B
Gross profit$3.30B$3.10B$2.90B$2.76B$2.71B
Operating income$1.28B$1.21B$1.14B$1.11B$1.04B
Net income$940.0M$833.0M$839.0M$845.0M$861.0M
Diluted EPS$3.76$3.34$3.40$3.43$3.50

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$2.03B$1.10B$762.0M$0$0
Current assets$3.43B$2.39B$2.07B$1.28B
Total assets$7.69B$6.41B$5.69B$4.83B$4.84B
Current liabilities$2.06B$1.25B$1.26B$1.12B
Long-term debt$1.97B$2.60B$2.63B$0
Total liabilities$4.59B$4.36B$4.30B$1.58B
Total equity$3.11B$2.04B$1.39B$3.24B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.08B$875.0M$963.0M$870.0M$896.0M
Capital expenditure$63.0M$55.0M$54.0M$34.0M$54.0M
Free cash flow$1.01B$820.0M$909.0M$836.0M$842.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$1.42B6.8%$254.0M$1.02
Q4 FY2025$1.40B3.8%$254.0M$1.01
Q3 FY2025$1.40B6.8%$239.0M$0.95
Q2 FY2025$1.37B6.4%$222.0M$0.89
Q1 FY2025$1.33B6.9%$225.0M$0.90
Q4 FY2024$1.34B4.4%$227.0M$0.91
Q3 FY2024$1.31B4.7%$219.0M$0.88
Q2 FY2024$1.29B2.8%$203.0M$0.81

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryInstruments For Meas & Testing of Electricity & Elec Signals
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ1 FY2026 (ended April 3, 2026)
Oldest indexed filing2023
SEC CIK1967680

Selected SEC filings

10-K2026-02-20
View on EDGAR →
10-K2025-02-25
View on EDGAR →
10-Q2026-07-29
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
10-Q2025-10-29
View on EDGAR →
10-Q2025-07-28
View on EDGAR →
8-K2026-07-28
View on EDGAR →
8-K2026-06-01
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.