Reading the tape
NYSE: VLTO
Veralto Corporation
Industrials · Industrial - Pollution & Treatment Controls
Market Cap
$21.33B
52w High
$110.11
52w Low
$84.99
P/E
22.19
Volume
2.05M
Outstanding Shares
245.60M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: -10.73%Revenue (TTM): 5.95%FCF (TTM): 21.16%P/FCF: 0th pct
What changed
The stock fell 10.73% over the last year. Revenue grew 5.95% over the trailing twelve months. Operating margin moved from 23.43% to 23.12%. Free cash flow grew 21.16% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 23.12%. A decisive move in revenue — currently up 5.95% — would be the clearest signal to resolve the ambiguity.
Company profile
Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color solutions worldwide.
CEOJennifer L. Honeycutt
SectorIndustrials
IndustryIndustrial - Pollution & Treatment Controls
Employees17,000
IPO dateOct 4, 2023
Valuation
Forward P/E—
EV/EBITDA18.87
Enterprise value$25.42B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth6.76%
Gross margin59.86%▲0.26%vs FY2024
Operating margin23.12%▼0.24%vs FY2024
ROE30.26%▼25.96%vs FY2024
Analyst consensus
RatingHold
Target price$106.14▲22.22%
5
Buy
7
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 23, 2026
Q3 FY26 · EPS est $1.00 · Revenue est $1.45B
View
Dividends
$0.48/shareQuarterlySafeVLTO pays a dividend with a 0.55% dividend yield, covered 9.3× by free cash flow.
Dividend Yield
0.55%
Annual Div / Share
$0.48
CAGR
—
Payout Ratio
11.76%
Safe
Dividend Growth Rate
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$0.48+20.0%
2024$0.40—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$6/yr
$0/mo
In 5 yrs
$6/yr
$0/mo
In 10 yrs
$6/yr
$0/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$6/yr $0/mo | $6/yr $0/mo | $6/yr $0/mo |
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 9.3× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.