Veralto was spun off from Danaher in 2023. The firm is organized into two segments: water quality (60% of 2025 revenue) and product quality and innovation (40% of 2025 revenue). In both segments, Veralto offers a wide range of differentiated solutions, many sold under a razor-and-blade business model, resulting in roughly 61% recurring revenue.
Veralto has inherited a proven business system of disciplined capital allocation and continuous improvement from former parent Danaher.
Given its M&A-heavy strategy, Veralto faces acquisition risk, including the possibility of overpaying and challenges integrating acquired companies.
|
Metric
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VLTO
|
IEX
|
PNR
|
|---|---|---|---|
Price/Earnings (Normalized) | 22.47 | 27.20 | 11.06 |
Price/Book Value | 7.50 | 4.24 | 2.25 |
Price/Sales | 4.14 | 4.78 | 2.16 |
Price/Cash Flow | 20.42 | 21.92 | 11.35 |
|
Metric
|
VLTO
|
IEX
|
PNR
|
|---|---|---|---|
Quick Ratio | 1.48 | 2.01 | 0.66 |
Current Ratio | 1.78 | 3.05 | 1.45 |
Interest Coverage | 14.14 | 11.68 | 11.34 |
|
Metric
|
VLTO
|
IEX
|
PNR
|
|---|---|---|---|
Return on Assets (Normalized) | 13.71% | 9.11% | 10.03% |
Return on Equity (Normalized) | 35.90% | 15.69% | 18.00% |
Return on Invested Capital (Normalized) | 19.51% | 11.50% | 13.38% |
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1-Day Chart
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Morningstar Rating for Stocks
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United States