Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 5.2B
Gross Profit 3.1B 59.79%
Operating Income 1.2B 23.26%
Net Income 833.0M 16.04%

Balance Sheet Metrics

Total Assets 6.4B
Total Liabilities 4.4B
Shareholders Equity 2.0B
Debt to Equity 2.13

Cash Flow Metrics

Operating Cash Flow 879.0M
Free Cash Flow 820.0M

Revenue & Profitability Trend

Veralto Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue5.2B5.0B4.9B4.7B4.3B
Cost of Goods Sold2.1B2.1B2.1B2.0B1.8B
Gross Profit3.1B2.9B2.8B2.7B2.5B
Operating Expenses1.9B1.8B1.6B1.7B1.6B
Operating Income1.2B1.1B1.1B1.0B951.0M
Pre-tax Income1.1B1.1B1.1B1.0B950.0M
Income Tax253.0M257.0M268.0M186.0M226.0M
Net Income833.0M839.0M845.0M861.0M724.0M
EPS (Diluted)-$3.40$3.43$3.49$2.93

Income Statement Trend

Veralto Balance Sheet From 2021 to 2024

Metric2024202320222021
Assets
Current Assets2.4B2.1B1.3B1.2B
Non-Current Assets4.0B3.6B3.5B3.6B
Total Assets6.4B5.7B4.8B4.8B
Liabilities
Current Liabilities1.2B1.3B1.1B1.1B
Non-Current Liabilities3.1B3.0B462.0M518.0M
Total Liabilities4.4B4.3B1.6B1.6B
Equity
Total Shareholders Equity2.0B1.4B3.2B3.2B

Balance Sheet Composition

Veralto Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income833.0M839.0M845.0M861.0M724.0M
Operating Cash Flow879.0M1.0B829.0M966.0M872.0M
Investing Activities
Capital Expenditures-55.0M-52.0M-34.0M-54.0M-36.0M
Investing Cash Flow-434.0M-55.0M-89.0M-97.0M-157.0M
Financing Activities
Dividends Paid-89.0M00--
Financing Cash Flow-89.0M-139.0M-781.0M-799.0M-844.0M
Free Cash Flow820.0M909.0M836.0M842.0M965.0M

Cash Flow Trend

Veralto Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 28.66
Forward P/E 26.75
Price to Book 10.80
Price to Sales 4.71
PEG Ratio 26.75

Profitability Ratios

Profit Margin 16.56%
Operating Margin 24.17%
Return on Equity 46.04%
Return on Assets 12.53%

Financial Health

Current Ratio 2.19
Debt to Equity 121.87

Per Share Data

EPS (TTM) $3.50
Book Value per Share $9.29
Revenue per Share $21.33

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
vlto24.9B28.6610.8046.04%16.56%121.87
Zurn Elkay Water 6.1B37.833.9510.49%10.72%35.98
Federal Signal 6.7B32.365.6018.78%11.10%25.40
Atmus Filtration 3.1B17.1611.8795.48%11.14%237.32
PureCycle 2.6B-11.08-67.71%0.00%183.92
Ceco Environmental 1.1B22.923.6718.54%7.80%125.44

Financial data is updated regularly. All figures are in the company's reporting currency.