TORVANTA
Industrials · S&P 500 · data as of 2026-10-05

VLTO stock analysis: Veralto

Veralto (VLTO) is an S&P 500 company in Environmental & Facilities Services.

The model's view of VLTO · subscribers

Where VLTO ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with VLTO · updated 2026-10-05 · from prices and SEC filings

VLTO price performance

VLTO against the S&P 500, one year
-20%+0%+20%S&P 500 +18%VLTO -7%2025-09-292026-10-05
Year to date-2.8%S&P 500 +14.5% · behind by 17.3 pts
1 year-9.4%S&P 500 +17.0% · behind by 26.4 pts
3 years+31.5%S&P 500 +89.3% · behind by 57.7 pts

Total returns with dividends reinvested.

VLTO factor grades

Each grade compares VLTO with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

C+ValueP/E 24.9x (sector 27.2x)FCF yield 4.4% (sector 4.0%)
C+GrowthRevenue growth +6% (sector +7%)EPS growth +11% (sector +9%)
B+ProfitabilityOperating margin 23.1% (sector 16.9%)ROIC 24.5% (sector 19.9%)
B-Momentum12-month change -9%From 52-wk high -9%

VLTO in plain numbers

VLTO key statistics

SectorIndustrials
IndustryEnvironmental & Facilities Services
IndexS&P 500
Market value$23.7B
Revenue growth (y/y)+6%
Free-cash-flow yield4.4%
Dividend yield0.5%
Next earnings (expected)2026-10-27
Valuation measures
Market value$23.7B
Enterprise value$24.9B
P/E (trailing)24.9x
Forward P/E (Torvanta estimate)23.6x
PEG (Torvanta estimate)4.27
Price / sales4.2x
Price / book7.9x
EV / revenue4.5x
EV / EBITDA18.1x
Financial highlights
Revenue, last 12 months$5.6B
Net income, last 12 months$1.0B
EPS, last 12 months (GAAP)$3.88
Gross margin59.9%
Operating margin23.1%
Net margin17.3%
Return on equity36.5%
Return on invested capital24.5%
Cash$1.4B
Total debt$2.7B
Debt / equity0.89x
Free cash flow, last 12 months$1.0B
Interest cover13.9x
Current ratio1.48x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

VLTO earnings trends

Revenue vs earnings
$0$355.5M$711.0M$1.1B$1.4BJun 2024 Revenue: $1.3BSep 2024 Revenue: $1.3BDec 2024 Revenue: $1.3BMar 2025 Revenue: $1.3BJun 2025 Revenue: $1.4BSep 2025 Revenue: $1.4BDec 2025 Revenue: $1.4BMar 2026 Revenue: $1.4BJun 2024 Net income: $203.0MSep 2024 Net income: $219.0MDec 2024 Net income: $227.0MMar 2025 Net income: $225.0MJun 2025 Net income: $222.0MSep 2025 Net income: $239.0MDec 2025 Net income: $254.0MMar 2026 Net income: $254.0MJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Net margin: 15.8%Net margin: 16.7%Net margin: 16.9%Net margin: 16.9%Net margin: 16.2%Net margin: 17.0%Net margin: 18.2%Net margin: 17.9%0%9%18%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.3$0.5$0.8$1.0Jun 2024 EPS (GAAP, diluted): $0.8Sep 2024 EPS (GAAP, diluted): $0.9Dec 2024 EPS (GAAP, diluted): $0.9Mar 2025 EPS (GAAP, diluted): $0.9Jun 2025 EPS (GAAP, diluted): $0.9Sep 2025 EPS (GAAP, diluted): $1.0Dec 2025 EPS (GAAP, diluted): $1.0Mar 2026 EPS (GAAP, diluted): $1.0Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026■ EPS (GAAP, diluted) Change from a year earlier: Jun 2025 +10% · Sep 2025 +8% · Dec 2025 +12% · Mar 2026 +13%

From the company's 10-Q and 10-K filings with the SEC.

Veralto financials (from SEC filings)

Fiscal yearFY2023FY2024FY2025
Revenue$5.0B$5.2B$5.5B
Net income$839.0M$833.0M$940.0M
EPS (GAAP)$3.40$3.34$3.76
Free cash flow$909.0M$820.0M$1.0B

VLTO earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-04-28$1.02+13%+7%+3.2%
2026-02-03$1.02+12%+4%-8.6%
2025-10-28$0.95+8%+7%-4.8%
2025-07-28$0.89+10%+6%+2.0%
2025-04-29$0.90+22%+7%+3.5%
2025-02-04$0.91+12%+4%-6.4%

About Veralto

HeadquartersWaltham, MA
Industry (SEC code)Instruments For Meas & Testing Of Electricity & Elec Signals
Fiscal year endsDecember 31
Incorporated inUnited States
Listed onNYSE

From the company's SEC registration record.

Companies similar to VLTO

CompanyMarket valueP/ERevenue growthOperating margin12-month change
VLTO Veralto$23.7B24.9x+6%23.1%-9%
ROL Rollins$14.3B27.0x+10%18.7%-49%compare
RSG Republic Services$65.2B30.2x+3%17.4%-4%compare
WM Waste Management$82.6B29.3x+7%17.6%-4%compare

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Frequently asked questions

Is VLTO stock a buy?

Torvanta does not tell individuals what to buy. Its grades for VLTO are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is VLTO's P/E ratio?

VLTO trades at about 24.9 times its last 12 months of GAAP earnings reported to the SEC, and about 23.6 times Torvanta's own estimate of the next 12 months.

When does VLTO report earnings next?

Based on its filing history, Torvanta expects Veralto to report around 2026-10-27.

Does VLTO pay a dividend?

Yes. Its dividend yield is about 0.5%, and it has raised its dividend 2 years in a row.

How has VLTO performed against the S&P 500?

Over the past year VLTO returned -9.4%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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