Veralto Corp
Research Veralto Corp (VLTO) on Bullrun: valuation model: 2.9% undervalued, market cap USD 23.67B, P/E 24.4, dividend yield 0.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerVLTO
- ExchangeNYSE
- CountryUnited States
- SectorIndustrials
- IndustryPollution & Treatment Controls
- CurrencyUSD
- Valuation signal2.9% undervalued
- Market capUSD 23.67B
- P/E24.4
- Dividend yield0.5%
- Financial periodQ2 2026
- RevenueUSD 1.42B
- Net incomeUSD 254.00M
- Free cash flowUSD 170.00M
- Gross margin60.1%
Valuation Snapshot
Bullrun's latest valuation model marks Veralto Corp as 2.9% undervalued; latest market cap is USD 23.67B; P/E is 24.4; dividend yield is 0.5%.
Peer valuation comparison
Latest P/E is 24.43x versus a Industrials sector median of 21.2x (15.3% above).
Latest dividend yield is 0.53% versus a Industrials sector median of 2.27% (76.7% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 5.50B | USD 940.00M | USD 1.01B | 59.9% | 3.76 | USD 2.03B | USD 2.67B | USD 3.11B |
| FY2024 | USD 5.19B | USD 833.00M | USD 820.00M | 59.8% | 3.34 | USD 1.10B | USD 2.60B | USD 2.04B |
| FY2023 | USD 5.02B | USD 839.00M | USD 909.00M | 57.8% | 3.4 | USD 762.00M | USD 2.63B | USD 1.38B |
| FY2022 | USD 4.87B | USD 845.00M | USD 836.00M | 56.7% | 3.43 | USD 0 | USD 0 | USD 3.24B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 23.67B | 24.4 | 0.5% | 0.52 |
| 2025 | 2025-12-31 | USD 24.79B | 26.5 | 0.5% | 0.46 |
| 2024 | 2024-12-31 | USD 25.20B | 30.5 | 0.4% | 0.38 |
| 2023 | 2023-12-29 | USD 20.26B | 23.7 | 0.1% | 0.09 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.52 USD, yield 0.5%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.46 USD |
| FY2024 | 0.38 USD |
| FY2023 | 0.09 USD |
About Veralto Corp
Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color solutions worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications under the Hach, Trojan Technologies, ChemTreat, and other brands.
ETFs that hold Veralto Corp
Veralto Corp is one of the ten largest holdings of 10 ETFs that investors in Europe can buy. The 8 most traded of them:
| ETF | Weight | TER |
|---|---|---|
| iShares Global Water UCITS ETF USD (Dist) | 5.23% | 0.65% |
| Amundi MSCI Water UCITS ETF Dist | 4.53% | 0.60% |
| iShares Smart City Infrastructure UCITS ETF USD Acc | 1.56% | 0.40% |
| Amundi MSCI Water UCITS ETF Acc | 4.63% | 0.60% |
| iShares Global Water UCITS ETF USD Acc | 4.76% | 0.65% |
| iShares Smart City Infrastructure UCITS ETF USD Inc | 1.56% | 0.40% |
| First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD | 2.17% | 0.75% |
| VanEck Circular Economy UCITS ETF A USD Acc | 7.86% | 0.40% |
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Frequently asked questions
Is Veralto Corp overvalued or undervalued?
Bullrun's valuation model currently marks Veralto Corp as 2.9% undervalued.
What is Veralto Corp's market cap?
Veralto Corp's market capitalization is USD 23.67B.
What is Veralto Corp's P/E ratio?
Veralto Corp's price-to-earnings (P/E) ratio is 24.4.
Does Veralto Corp pay a dividend?
Veralto Corp has a dividend yield of 0.5%.
What does Veralto Corp do?
Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color solutions worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications under the Hach, Trojan Technologies, ChemTreat, and other brands.