Veralto Corporation (VLTO) Stock

About Veralto Corporation

Veralto Corporation is a global provider specializing in critical solutions across water quality management, brand protection, and packaging aesthetics. Its operations are structured into two primary divisions: Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment delivers advanced instrumentation and treatment technologies designed for the precise measurement, analysis, and purification of water. These solutions cater to a broad spectrum of applications, from residential and commercial settings to municipal systems, industrial processes, research facilities, and natural environments. Esteemed brands like Hach, Trojan Technologies, and ChemTreat fall under this segment, which also supplies essential chemical reagents, support services, and digital tools for comprehensive water management. The PQI segment focuses on enhancing product integrity and brand appeal. It provides critical marking and coding systems for packaged consumer goods and associated consumables. Its offerings extend to comprehensive software for managing digital assets, marketing resources, and product information, alongside inline printing systems for direct application on products and packaging. Furthermore, PQI supplies sophisticated design software and imaging technology for innovative packaging development, as well as color management tools for both printed materials and a wide array of consumer and industrial products. The segment also establishes color standards crucial for the design sector, operating through well-known brands such as Videojet, Linx, Esko, X-Rite, and Pantone. Veralto's diverse clientele includes municipal utility providers, the food and beverage sector, pharmaceutical companies, and various industrial enterprises. Established in 2022, Veralto Corporation, which was previously known as DH EAS Holding Corp. before adopting its current name in February 2023, maintains its corporate headquarters in Waltham, Massachusetts.

Veralto Corporation is led by CEO Jennifer L. Honeycutt, employs 17,000 people, headquartered in Waltham, US, publicly traded since 2023.

Veralto Corporation (VLTO) stock trades at $95.20 with a market capitalization of $23.38B. The stock is valued at a price-to-earnings (P/E) ratio of 23.06, price-to-book of 6.86, price-to-sales of 3.78. Over the past 52 weeks the stock has ranged between $80.03 and $110.11, and currently trades 13.5% below its 52-week high. It pays a dividend yielding 0.56%.

On profitability, Veralto Corporation generates a return on equity (ROE) of 30.26% — well above the market average, a sign of a high-quality business, return on capital employed of 41.11%, an operating margin of 23.21%, a net profit margin of 17.33%.

In its most recent fiscal year, Veralto Corporation reported annual revenue of $5.5B, net profit of $940.0M, revenue has compounded at 4.8% a year over the last five years, profit at 5.4% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.89, a current ratio of 1.67, total assets of $7.7B, $2.0B in cash and equivalents.

VLTO has an average daily trading volume of 2,270,000 shares, a beta of 0.85.

Official website: www.veralto.com