Veralto Corporation (VLTO) AI Stock Analysis

Veralto Corporation operates through two segments: Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation, treatment technologies, chemical reagents, and digital tools under brands such as Hach, Trojan Technologies, and ChemTreat to measure, analyze, and treat water across residential, commercial, municipal, industrial, research, and natural resource applications. The PQI segment provides inline printing, marking and coding systems, packaging design software, and color management solutions through brands including Videojet, Linx, Esko, X-Rite, and Pantone. Together, these segments serve regulated industries such as municipal utilities, food and beverage, pharmaceuticals, and industrials.

Revenue grew from $4.70B in FY2021 to $5.02B in FY2023, $5.19B in FY2024, and $5.50B in FY2025, representing a 5-year revenue CAGR of 4.8% from FY2020 to FY2025. Annual revenue growth reached 6.0% in FY2025, up from 3.4% in FY2024 and 3.1% in FY2023. Gross margin expanded from 57.7% in FY2021 to 59.9% in FY2025, while operating margin reached 23.2% in FY2025. Net income was $940.0M in FY2025 with diluted EPS of $3.91, up from $833.0M and $3.53 in FY2024. For the latest quarter ended June 30, 2026, quarterly revenue growth was 7.5% year-over-year and quarterly earnings growth was 10.1% year-over-year.

As of June 30, 2026, Veralto held $2.12B in cash and short-term investments against total debt of $3.38B, resulting in net debt of $1.26B. Shareholders' equity stood at $3.10B against total assets of $8.56B, with a current ratio of 1.78 and a debt-to-equity ratio of 1.09. In FY2025, operating cash flow reached $1.08B and free cash flow was $1.01B. Capital expenditures totaled $63.0M and dividends paid totaled $109.0M, while the 5-year share count change was -0.1%.

At a last close of $101.04 on October 16, 2026, Veralto has a market cap of $24.63B and an enterprise value of $24.63B. Its trailing P/E of 25.8x sits below the 28.5x median of its S&P 500 Industrials peers, while its forward P/E of 20.0x is below the peer median of 20.7x. Veralto's price-to-sales ratio of 4.3x trades at a premium to the peer median of 3.1x, and EV to EBITDA is 17.7x compared to the peer median of 17.2x. Over the past year, the stock returned -0.3%, trailing the S&P 500 return of 16.8%.

Veralto pays a quarterly dividend with an annual forward dividend of $0.52, representing a dividend yield of 0.51%. Its payout ratio is 12.3%, and the company has paid dividends for 4 consecutive years. The last ex-dividend date was September 30, 2026.

Wall Street coverage consists of 9 Strong Buy, 2 Buy, and 6 Hold ratings, with 0 Sell and 0 Strong Sell ratings. The mean price target is $114.06, which is 12.9% above the last close of $101.04. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $5.91B and EPS of $4.40, representing 12.9% EPS growth. Veralto beat EPS estimates in each of the last 4 quarters, and its next earnings date is October 29, 2026.

This page is an AI-written research summary of Veralto Corporation (VLTO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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