# Veralto Corp (VLTO) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Industrials / Commercial Services. Price $116.32, market value $28.3 billion.

## Valuation
- **P/E (trailing): 28.6×** (5-yr avg 26.9×, 3-yr avg 26.9×). Veralto Corp trades at 28.6× trailing earnings, close to its own five-year average of 26.9×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 23.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.90**. A PEG of 1.90 is in the range usually read as fairly priced for its growth.
- **Price / sales: 4.9×**. Each dollar of revenue is priced at 4.9×.
- **Price / book: 8.8×**. The shares trade at 8.8× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 21.1×**. Enterprise value is 21.1× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 3.9%** (5-yr avg 4.0%). Free cash flow equals 3.9% of the market value, in line with its five-year average of 4.0%.
- **Earnings yield: 3.5%**. The inverse of the P/E: 3.5% of the price is earned each year.

## Profitability
- **Gross margin: 60.2%**. Veralto Corp keeps 60.2% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 21.8%**. 21.8% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 17.1%**. 17.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 30.3%**. 30.3% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 26.7%**. Return on all capital, debt included, is 26.7%: comfortably above what that capital costs.
- **Return on assets: 13.0%**. Each dollar of assets produces 13.0% of profit.

## Growth
- **Revenue growth (1 yr): 6.0%** (3-yr 4.2%/yr). Revenue grew 6.0% over the last year.
- **EPS growth (1 yr): 12.6%** (3-yr 3.1%/yr). Earnings per share rose 12.6%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 6.6%/yr**. Free cash flow has compounded at 6.6% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.86**. Debt is 0.86 times equity, moderate leverage.
- **Net debt / EBITDA: 0.5×**. It would take 0.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 1.67** (quick 1.67). Current assets cover the next year's liabilities 1.67 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.45%** ($0.52 per share, trailing). Veralto Corp yields 0.45%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 12%** (11% of free cash flow). 12% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 3**. 3 straight years of increases.

## Analyst view
- **Analyst consensus: buy** (16 analysts). 16 analysts cover Veralto Corp; the consensus is buy, with an average price target of $122.44 (+5% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 17.7%** (YTD 16.3%, 3-mo 22.0%). The shares are up 17.7% over twelve months including dividends.
- **From 52-week high: -0.6%** (45.3% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 85**. An RSI of 85 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 0.16** (volatility 24%). Beta of 0.16 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=VLTO · Page: https://foliofundamentals.com/stocks/vlto

Not investment advice.