Stocks · Industrials · Industrial - Pollution & Treatment Controls
Veralto Corporation VLTO
$96.57 +2.00% Close, Oct 5, 2026 · NYSE · Market cap $23.08B
High qualityLow risk
Next earnings report: Oct 27, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 12 quarters (average surprise over the last four: +7.0%).
- The stock is in an uptrend: above its 200-day average for 50 trading days, with the 50-day average above the 200-day.
- Revenue over the last four quarters was $5.70B, up 6.2% from a year earlier.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 42%
- EPS growth (TTM, YoY)Top 49%
- FCF growth (TTM, YoY)Top 48%
- Revenue growth, 3-year CAGRBottom 47%
- Revenue growth accelerationBottom 36%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 13%
- Gross marginTop 5%
- Operating marginTop 7%
- Cash conversion (OCF / net income)Bottom 25%
- Accruals (lower is better)Bottom 24%
- Net debt / EBITDA (lower is better)Top 34%
- Interest coverTop 18%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 28%
- Free-cash-flow yieldTop 36%
- EBITDA / enterprise valueBottom 46%
- Sales / enterprise valueBottom 24%
- P/E vs own 5-year history (lower is better)Top 28%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 33%
- 6-month returnTop 41%
- 1-year return vs S&P 500Bottom 35%
- Distance from 52-week highTop 17%
- Trend checklist (0–4)Top 27%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 44%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyBottom 31%
- Upside to consensus price targetBottom 24%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 8%
- Maximum drawdown, 3 yearsTop 10%
- Beta vs S&P 500 (lower is better)Top 15%
- Net debt / EBITDA (lower is better)Top 34%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 5.9% | 6.2% | ↑ |
| EPS growth (YoY) | 10.6% | 10.6% | ↑ |
| Gross margin | 59.9% | 60.2% | ↑ |
| Operating margin | 23.3% | 22.7% | ↓ |
| FCF margin | 17.6% | 18.4% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 6.2% | 5.9% | ↑ | Bottom 42% |
| EPS growth (TTM, YoY) | 10.6% | 10.6% | ↑ | Top 49% |
| Gross margin | 60.2% | 59.9% | ↑ | Top 5% |
| Operating margin | 22.7% | 23.3% | ↓ | Top 7% |
| Net margin | 17.3% | 16.7% | ↑ | — |
| Free-cash-flow margin | 18.4% | 17.6% | ↑ | — |
| Return on invested capital | 14.7% | — | Top 13% | |
| Revenue growth, 3-year CAGR | 4.2% | — | Bottom 47% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.12×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -1.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.93×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 14.1×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.52%
- Net buyback yield (TTM)
- 1.82%
- Shareholder yield
- 2.34%
- Share count change, 1 year
- -1.6%
- Share count change, 3-year CAGR
- -0.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 3, 2026 (filed Jul 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 12
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +7.0%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $110.00
- Target vs current price
- +13.9%
- Analysts with a rating
- 13
- Share rating Buy or Strong Buy
- 46%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 28, 2026 | +9.9% | +4.4% | +0.6% | +5.4% | — |
| Apr 28, 2026 | +7.0% | -1.8% | +1.3% | -1.3% | +5.0% |
| Feb 3, 2026 | +6.3% | -4.0% | -8.7% | -5.8% | -11.8% |
| Oct 28, 2025 | +4.7% | -1.5% | -5.0% | -5.7% | -2.7% |
| Jul 28, 2025 | +5.4% | -0.2% | +1.4% | +5.7% | +0.7% |
| Apr 29, 2025 | +9.6% | +1.1% | +3.9% | +10.2% | +12.2% |
| Feb 4, 2025 | +5.6% | -0.2% | -1.4% | -2.3% | -5.2% |
| Oct 23, 2024 | +4.7% | -0.8% | -7.4% | -7.0% | -7.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 28, 2026 | $1.11 | $1.01 | +9.9% | $1.47B |
| Apr 28, 2026 | $1.07 | $1.00 | +7.0% | $1.42B |
| Feb 3, 2026 | $1.04 | $0.98 | +6.3% | $1.40B |
| Oct 28, 2025 | $0.99 | $0.95 | +4.7% | $1.40B |
| Jul 28, 2025 | $0.93 | $0.88 | +5.4% | $1.37B |
| Apr 29, 2025 | $0.95 | $0.87 | +9.6% | $1.33B |
| Feb 4, 2025 | $0.95 | $0.90 | +5.6% | $1.34B |
| Oct 23, 2024 | $0.89 | $0.85 | +4.7% | $1.31B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 24.4× | 25.0× | 33th | Top 28% |
| P/E (forward) | 22.0× | — | — | — |
| EV / EBITDA | 18.0× | — | — | Bottom 46% |
| EV / Sales | 4.27× | — | — | Bottom 24% |
| Free-cash-flow yield | 4.54% | — | — | Top 36% |
| Earnings yield | 4.10% | — | — | Top 28% |
P/E over the past five years
Range 22.3× – 32.9× since Dec 31, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -9.3%
- Earnings per share growth (TTM)
- +10.6%
- Change in P/E multiple
- -13.3%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 50
- 50-day average slope (20 days)
- +1.6%
- 200-day average slope (20 days)
- -0.5%
- Distance from 50-day average
- -0.1%
- Distance from 200-day average
- +3.9%
- RSI (14)
- 53.3
- Relative volume
- 1.18×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 23.5%
- Volatility vs own 5-year history
- 65th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.65
- Correlation with S&P 500
- 0.47
- Current drawdown from 1-year high
- -9.9%
- Maximum drawdown, 3 years
- -27.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Oct 18, 2024 | May 29, 2026 | -27.6% | 402 days | Not yet recovered |
| Oct 2, 2023 | Nov 1, 2023 | -20.7% | 22 days | 72 days (Feb 15, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $23.08B
- P/E (TTM)
- 24.4
- EPS, diluted (TTM)
- $3.96
- Revenue (TTM)
- $5.70B
- Dividend yield
- 0.54%
- 52-week range
- $80.03 – $107.90
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $4.70B | $4.87B | $5.02B | $5.19B | $5.50B |
| Gross profit | $2.71B | $2.77B | $2.90B | $3.10B | $3.30B |
| Operating income | $1.04B | $1.11B | $1.14B | $1.21B | $1.28B |
| Net income | $861.0M | $845.0M | $839.0M | $833.0M | $940.0M |
| EPS (diluted) | $3.50 | $3.43 | $3.41 | $3.34 | $3.76 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.31B | $1.34B | $1.33B | $1.37B | $1.40B | $1.40B | $1.42B | $1.47B |
| Net income | $219.0M | $227.0M | $225.0M | $222.0M | $239.0M | $254.0M | $254.0M | $241.0M |
| EPS (diluted) | $0.88 | $0.91 | $0.90 | $0.89 | $0.95 | $1.01 | $1.02 | $0.98 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $896.0M | $870.0M | $963.0M | $875.0M | $1.08B |
| Capital expenditure | -$54.0M | -$34.0M | -$54.0M | -$55.0M | -$63.0M |
| Free cash flow | $842.0M | $836.0M | $909.0M | $820.0M | $1.01B |
| Dividends paid | $0 | $0 | $0 | -$89.0M | -$109.0M |
| Net share buybacks | -$800.0M | -$781.0M | -$147.0M | $24.0M | $22.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.12B
- Total assets
- $8.56B
- Total liabilities
- $5.46B
- Total debt
- $3.38B
- Net debt
- $1.26B
- Shareholders’ equity
- $3.10B
As of Jul 3, 2026 (filed Jul 29, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $0.13 | Oct 30, 2026 |
| Jun 30, 2026 | $0.13 | Jul 31, 2026 |
| Mar 31, 2026 | $0.13 | Apr 30, 2026 |
| Dec 31, 2025 | $0.13 | Jan 30, 2026 |
| Sep 30, 2025 | $0.11 | Oct 31, 2025 |
| Jun 30, 2025 | $0.11 | Jul 31, 2025 |
| Mar 31, 2025 | $0.11 | Apr 30, 2025 |
| Dec 31, 2024 | $0.11 | Jan 31, 2025 |
Short interest
- Shares sold short
- 6,631,576
- Days to cover
- 4.63
- Change vs previous report
- +16.8%
FINRA short interest, settlement date Sep 15, 2026.