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VLTO

Veralto

IndustrialsMedical InstrumentsS&P 500
Ticker VLTOWALTHAM, MAFiscal year ends DecemberBook value per share $12.51Diluted shares 247.5M

Veralto Corporation (NYSE: VLTO) provides technology solutions that monitor, enhance and protect water and product quality for customers in municipal utilities, industrial businesses, food and beverage, pharmaceuticals and consumer packaged goods. Its Water Quality segment supplies water-analysis instruments,… From the company’s description.

In fiscal 2025, Veralto reported revenue of $5.50B, up 6.0% from fiscal 2024, and net income of $940.00M. Its operating margin was 23.2%, and operations generated $1.08B in cash. Over the twelve months to Jul 3, 2026, revenue was $5.70B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-03
Sales & profitability
$5.50BFY2025
+6.0% year over year
Last 12 mo $5.70B
23.21%FY2025
−0.1 percentage points
Last 12 mo 22.74%
$940.00MFY2025
+12.8% year over year
Last 12 mo $988.00M
30.27%FY2025
−10.6 percentage points
Last 12 mo 31.90%
Cash & financing
$1.08BFY2025
+23.1% year over year
Last 12 mo $1.10B
$1.01BFY2025
+23.7% year over year
Last 12 mo $1.05B
0.86FY2025
Was 1.28× a year earlier
Last 12 mo 1.09
250.3MFY2025
+0.3% year over year
Last 12 mo 247.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Veralto does

In the company’s own words

Veralto Corporation (NYSE: VLTO) provides technology solutions that monitor, enhance and protect water and product quality for customers in municipal utilities, industrial businesses, food and beverage, pharmaceuticals and consumer packaged goods. Its Water Quality segment supplies water-analysis instruments, treatment systems, chemicals, services and software to utilities and industrial customers; its Product Quality & Innovation segment provides marking and coding, packaging and color instruments, software and consumables used by brand owners to support product safety, traceability, quality control and regulatory compliance. The company’s principal brands include Hach, Trojan Technologies and ChemTreat in water quality, and Videojet, Linx, Esko, X-Rite and Pantone in product quality and innovation. Veralto generated $5.5 billion in sales in 2025, with approximately 61% from recurring consumables, parts, services and software, and had nearly 17,000 employees at year-end. It was established as an independent public company in 2023 through its separation from Danaher, comprising Danaher’s former Environmental & Applied Solutions segment.

Company details
Sector
Industrials
Industry (SIC)
Medical Instruments
Headquarters
WALTHAM, MA
Fiscal year end
December
CIK
1967680
SIC
3825

Financial performance, year by year

Fiscal 2023–2025 · USD
$-569.60M$1.14B$2.85B$4.56B$6.27B202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Veralto — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

776
funds hold it
1 of 35
superinvestors hold it
$8.57B
held by funds, at market
40.0%
of shares held by funds
5
bond issues held by funds

Superinvestors in Veralto · what they did last quarter

Wallace WeitzINCREASED +93.8%
Weitz Investment Management
0.5%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Veralto’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.21%of fund net assets
First Trust Rising Dividend Achievers ETF
RDVY · First Trust Exchange-Traded Fund VI
1.64%of fund net assets
T. Rowe Price Capital Appreciation Fund
PRWCX · T. ROWE PRICE CAPITAL APPRECIATION FUND, INC.
0.51%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Veralto’s bonds, as funds hold them

Funds report holding 5 issues of Veralto’s debt, $614.08M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.33%, maturing 2026 to 2033.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Veralto and its peers compare on margins and cash generation over ten years?”
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