Veralto (VLTO) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income 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
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 5.2B | 5.0B | 4.9B | 4.7B | 4.3B |
| Cost of Goods Sold | 2.1B | 2.1B | 2.1B | 2.0B | 1.8B |
| Gross Profit | 3.1B | 2.9B | 2.8B | 2.7B | 2.5B |
| Operating Expenses | 1.9B | 1.8B | 1.6B | 1.7B | 1.6B |
| Operating Income | 1.2B | 1.1B | 1.1B | 1.0B | 951.0M |
| Pre-tax Income | 1.1B | 1.1B | 1.1B | 1.0B | 950.0M |
| Income Tax | 253.0M | 257.0M | 268.0M | 186.0M | 226.0M |
| Net Income | 833.0M | 839.0M | 845.0M | 861.0M | 724.0M |
| EPS (Diluted) | - | $3.40 | $3.43 | $3.49 | $2.93 |
Income Statement Trend
Veralto Balance Sheet From 2021 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Assets | ||||
| Current Assets | 2.4B | 2.1B | 1.3B | 1.2B |
| Non-Current Assets | 4.0B | 3.6B | 3.5B | 3.6B |
| Total Assets | 6.4B | 5.7B | 4.8B | 4.8B |
| Liabilities | ||||
| Current Liabilities | 1.2B | 1.3B | 1.1B | 1.1B |
| Non-Current Liabilities | 3.1B | 3.0B | 462.0M | 518.0M |
| Total Liabilities | 4.4B | 4.3B | 1.6B | 1.6B |
| Equity | ||||
| Total Shareholders Equity | 2.0B | 1.4B | 3.2B | 3.2B |
Balance Sheet Composition
Veralto Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 833.0M | 839.0M | 845.0M | 861.0M | 724.0M |
| Operating Cash Flow | 879.0M | 1.0B | 829.0M | 966.0M | 872.0M |
| 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 | -89.0M | 0 | 0 | - | - |
| Financing Cash Flow | -89.0M | -139.0M | -781.0M | -799.0M | -844.0M |
| Free Cash Flow | 820.0M | 909.0M | 836.0M | 842.0M | 965.0M |
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
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| vlto | 24.9B | 28.66 | 10.80 | 46.04% | 16.56% | 121.87 |
| Zurn Elkay Water | 6.1B | 37.83 | 3.95 | 10.49% | 10.72% | 35.98 |
| Federal Signal | 6.7B | 32.36 | 5.60 | 18.78% | 11.10% | 25.40 |
| Atmus Filtration | 3.1B | 17.16 | 11.87 | 95.48% | 11.14% | 237.32 |
| PureCycle | 2.6B | - | 11.08 | -67.71% | 0.00% | 183.92 |
| Ceco Environmental | 1.1B | 22.92 | 3.67 | 18.54% | 7.80% | 125.44 |
Financial data is updated regularly. All figures are in the company's reporting currency.