Mostly Markets
Subscribe
Stocks/Industrials/Environmental & Facilities Services

VeraltoVLTO

Environmental & Facilities Services · Waltham, Massachusetts · In the S&P 500
High qualityPricier than peers
$111.10+6.77%After hours: $111.10 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 11.7% over 1 year
Veralto over 1 yearDaily close, $, to 30 Oct 2026
$90$100Nov2026MarMayJulSep$111.10$100NovMarJul$111.10
Source: Nasdaq daily closes
Market value$27.09B
Price to earnings27.5x
Forward P/E24.6x
Dividend yield0.47%
Year to date+11.3%
One year+11.7%
Next earningsNot scheduled
SectorIndustrials
52-week range (closes)
$82.23$111.10

Quality and valuation

How Veralto compares with other industrials stocks. A description, not a recommendation.

Veralto and 7 environmental & facilities services peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: pricier than most

A stronger business than most industrials companies, priced above most of them.

Veralto trades at 24.6 times the next 12 months of expected earnings, against a median of 21.4x for the 89 industrials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +6.4% vs +8.2%
  • Keeps more of each sale (gross margin): 60.2% vs 38.1%
  • More profitable (operating margin): 21.8% vs 17.5%
  • Turns more of its sales into cash: 18.8% vs 13.1%
VLTO trades at 24.6x forward earnings, above the sector medianForward p/e, Environmental & Facilities Services peers
LMT20.6xCAT21.6xUNP22.3xVLTO24.6xRTX26.8xDE32.3xGE35.7xGEV40.8xSector median 21.4xLMT20.6xCAT21.6xUNP22.3xVLTO24.6xRTX26.8xDE32.3xGE35.7xGEV40.8xSector median 21.4x
Source: CNBC quotes; Mostly Markets
At 27.5x earnings, VLTO is pricier than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
25x30xAverage 27.4x2025202627.5x25x30xAverage 27.4x2025202627.5x
Source: Nasdaq prices; SEC filings

Financials

From Veralto's SEC filings, through the quarter ending 2 Oct 2026. Hover or tap a bar for its value.

Revenue grew 7.5% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0.0bn$0.5bn$1.0bn$1.5bnQ4 ’24Q2 ’25Q4 ’25$1.5bnQ3 ’26$0bn$1bnQ4 ’24Q2 ’25Q4 ’25$1.5bnQ3 ’26
Source: SEC filings
Growth slowed to +7.5% last quarterRevenue growth, year on year, %
0%2%4%6%Q4 ’24Q2 ’25Q4 ’257.5%Q3 ’260%2%5%8%Q4 ’24Q2 ’25Q4 ’257.5%Q3 ’26
Source: SEC filings
Operating margin was 19.7% last quarterOperating income as a share of revenue, %
0%10%20%Q4 ’24Q2 ’25Q4 ’2519.7%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’2519.7%Q3 ’26
Source: SEC filings
Free cash flow was $1.1 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$100m$200m$300mQ4 ’24Q2 ’25Q4 ’25$304mQ3 ’26$0m$200mQ4 ’24Q2 ’25Q4 ’25$304mQ3 ’26
Source: SEC filings
Last 12 monthsVLTOSector median
Revenue growth+6.4%+8.2%
Gross margin60.2%38.1%
Operating margin21.8%17.5%
Free cash flow margin18.8%13.1%
Price to earnings27.5x25.8x

Stories on Veralto

We haven't written about Veralto yet. Follow it, and its first story will show under My stocks on the front page.

Similar companies

Environmental & Facilities Services, by market value.

CompanyPriceTodayYTDValue
GEGE Aerospace$301.80−3.59%−2.0%$312B
CATCaterpillar$622.75−3.81%+8.7%$286B
RTXRTX$199.80+0.20%+8.9%$270B
GEVGE Vernova$857.87−3.38%+31.3%$227B
DEDeere &$675.48+2.35%+45.1%$182B
UNPUnion Pacific$304.00+0.69%+31.4%$181B
LMTLockheed Martin$636.95−1.03%+31.7%$147B
ETNEaton$369.97−6.03%+16.2%$144B