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Veralto Corporation (VLTO)

NYSE Industrials Industrial - Pollution & Treatment Controls
$94.72 ▼ -0.85%
Market Cap
$23.09B
Sector
Industrials
Industry
Industrial - Pollution & Treatment Controls
Beta
0.76
52-Wk Range
80.03-109.86
CEO
Jennifer L. Honeycutt
Country
US
Currency
USD

Veralto Corporation operates in the Industrial - Pollution & Treatment Controls industry of the Industrials sector, headquartered in Waltham, MA, US. The stock last traded at $94.72, down 0.85% on the session, giving a market capitalisation of $23.09B. On trailing twelve-month figures it carries a trailing P/E of 23.74, a net margin of 17.3%. Its beta of 0.76 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
23.74
Price / Sales
4.05
Price / Book
7.50
EV / EBITDA
18.03
Gross margin
60.2%
Operating margin
22.7%
Net margin
17.3%
Return on equity
Debt / equity
1.09
Current ratio
1.78
Dividend yield
0.5%
Payout ratio
12.0%
Company profile
Exchange
New York Stock Exchange
Employees
17,000
IPO date
2023-10-04
Headquarters
Waltham, MA, US
About Veralto Corporation

Veralto Corporation is a global provider specializing in critical solutions across water quality management, brand protection, and packaging aesthetics. Its operations are structured into two primary divisions: Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment delivers advanced instrumentation and treatment technologies designed for the precise measurement, analysis, and purification of water. These solutions cater to a broad spectrum of applications, from residential and commercial settings to municipal systems, industrial processes, research facilities, and natural environments. Esteemed brands like Hach, Trojan Technologies, and ChemTreat fall under this segment, which also supplies essential chemical reagents, support services, and digital tools for comprehensive water management. The PQI segment focuses on enhancing product integrity and brand appeal. It provides critical marking and coding systems for packaged consumer goods and associated consumables. Its offerings extend to comprehensive software for managing digital assets, marketing resources, and product information, alongside inline printing systems for direct application on products and packaging. Furthermore, PQI supplies sophisticated design software and imaging technology for innovative packaging development, as well as color management tools for both printed materials and a wide array of consumer and industrial products. The segment also establishes color standards crucial for the design sector, operating through well-known brands such as Videojet, Linx, Esko, X-Rite, and Pantone. Veralto's diverse clientele includes municipal utility providers, the food and beverage sector, pharmaceutical companies, and various industrial enterprises. Established in 2022, Veralto Corporation, which was previously known as DH EAS Holding Corp. before adopting its current name in February 2023, maintains its corporate headquarters in Waltham, Massachusetts.

Comparable companies

Veralto Corporation is most often compared with the following Industrials names:

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