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
|
VLTO
|
IEX
|
XYL
|
|---|---|---|---|
Price/Earnings (Normalized) | 23.10 | 26.96 | 23.43 |
Price/Book Value | 7.61 | 4.06 | 2.63 |
Price/Sales | 4.16 | 4.69 | 3.24 |
Price/Cash Flow | 20.70 | 21.55 | 18.97 |
|
Metric
|
VLTO
|
IEX
|
XYL
|
|---|---|---|---|
Quick Ratio | 1.19 | 2.25 | 0.95 |
Current Ratio | 1.48 | 3.39 | 1.46 |
Interest Coverage | 13.96 | 11.34 | 48.24 |
|
Metric
|
VLTO
|
IEX
|
XYL
|
|---|---|---|---|
Return on Assets (Normalized) | 13.75% | 8.92% | 7.35% |
Return on Equity (Normalized) | 36.16% | 15.37% | 11.32% |
Return on Invested Capital (Normalized) | 19.69% | 11.25% | 9.34% |
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1-Day Chart
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United States