Veralto Corp
Business
Veralto Corporation provides water quality analytics, treatment solutions, and product quality technologies across regulated industries including municipal utilities, food and beverage, pharmaceutical, and industrials. The company operates two reportable segments: Water Quality, offering water analytics and treatment under brands including Hach, Trojan Technologies and ChemTreat; and Product Quality & Innovation, providing marking, coding, packaging and color solutions under brands including Videojet, Linx, Esko, X-Rite and Pantone. Veralto serves global markets through direct sales and third-party distributors.
Summary from 10-K filed 2026-02-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Sales | 5,503 | 5,193 | 5,021 | 4,870 | 4,700 | |
| Cost of sales | −2,204 | −2,088 | −2,120 | −2,110 | −1,987 | |
| Gross profit | 3,299 | 3,105 | 2,901 | 2,760 | 2,713 | |
| Selling, general and administrative expenses | −1,756 | −1,644 | −1,536 | −1,431 | −1,428 | |
| Research and development expenses | −266 | −253 | −225 | −217 | −244 | |
| Operating profit | 1,277 | 1,208 | 1,140 | 1,112 | 1,041 | |
| Other income (expense), net | −8 | −9 | −14 | 1 | 6 | |
| Interest expense, net | −96 | −113 | −30 | 0 | — | |
| Earnings before income taxes | 1,173 | 1,086 | 1,096 | 1,113 | 1,047 | |
| Income taxes | −233 | −253 | −257 | −268 | −186 | |
| Net earnings | 940 | 833 | 839 | 845 | 861 | |
| Basic (in usd per share) | 3.79 | 3.37 | 3.41 | 3.43 | 3.5 | |
| Diluted (in usd per share) | 3.76 | 3.34 | 3.4 | 3.43 | 3.5 | |
| Basic (in shares) | 248 | 247 | 246 | 246 | 246 | |
| Diluted (in shares) | 250 | 250 | 247 | 246 | 246 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2,031 | 1,101 | 762 | 0 | — | |
| Trade accounts receivable, less allowance for credit losses of $36 and $37, respectively | 897 | 812 | 826 | 816 | — | |
| Inventories | 307 | 288 | 297 | 345 | — | |
| Prepaid expenses and other current assets | 197 | 186 | 188 | 119 | — | |
| Total current assets | 3,432 | 2,387 | 2,073 | 1,280 | — | |
| Property, plant and equipment, net | 294 | 268 | 262 | 247 | 260 | |
| Other long-term assets | 605 | 523 | 398 | 343 | — | |
| Goodwill | 2,838 | 2,693 | 2,533 | 2,476 | 2,502 | |
| Other intangible assets, net | 524 | 535 | 427 | 479 | — | |
| Total assets | 7,693 | 6,406 | 5,693 | 4,825 | 4,840 | |
| Current portion of long-term debt | 700 | 0 | — | — | — | |
| Trade accounts payable | 416 | 395 | 431 | 440 | — | |
| Accrued expenses and other liabilities | 940 | 850 | 834 | 683 | — | |
| Total current liabilities | 2,056 | 1,245 | 1,265 | 1,123 | — | |
| Other long-term liabilities | 558 | 517 | 410 | 462 | — | |
| Long-term debt | 1,973 | 2,599 | 2,629 | 0 | — | |
| Preferred stock - $0.01 par value as of December 31, 2025 and December 31, 2024, 15 million shares authorized as of both dates; and 0 shares issued and outstanding as of both dates | 0 | 0 | 0 | 0 | — | |
| Common stock - $0.01 par value as of December 31, 2025 and December 31, 2024, 1.0 billion shares authorized as of both dates; and 248.4 million shares and 247.4 million shares issued and outstanding, respectively | 2 | 2 | 2 | 0 | — | |
| Additional paid-in capital | 2,272 | 2,190 | 2,157 | 0 | — | |
| Retained earnings | 1,744 | 917 | 178 | 0 | — | |
| Accumulated other comprehensive loss | −913 | −1,071 | −954 | −954 | — | |
| Total Veralto stockholders equity | 3,105 | 2,038 | 1,383 | 3,235 | — | |
| Noncontrolling interests | 1 | 7 | 6 | 5 | — | |
| Total stockholders equity | 3,106 | 2,045 | 1,389 | 3,240 | — | |
| Total liabilities and stockholders equity | 7,693 | 6,406 | 5,693 | 4,825 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation | 42 | 40 | 39 | 40 | 44 | |
| Amortization of intangible assets | 36 | 38 | 48 | 50 | 62 | |
| Stock-based compensation expense | 74 | 65 | 55 | 41 | 34 | |
| Loss on product line dispositions | 6 | 15 | 0 | 0 | — | |
| Impairments and other charges | 6 | 0 | 15 | — | — | |
| Change in deferred income taxes | −49 | −74 | −25 | −44 | −11 | |
| Change in trade accounts receivable, net | −50 | 3 | 2 | −88 | −14 | |
| Change in inventories | −6 | 3 | 52 | −38 | −75 | |
| Change in trade accounts payable | 8 | −29 | −1 | 23 | 65 | |
| Change in prepaid expenses and other assets | −40 | −48 | −54 | −5 | −21 | |
| Change in accrued expenses and other liabilities | 110 | 29 | −7 | 46 | −41 | |
| Net cash provided by operating activities | 1,077 | 875 | 963 | 870 | 896 | |
| Cash paid for acquisitions, net of cash acquired | 0 | −363 | 0 | −55 | −60 | |
| Payments for additions to property, plant and equipment | −63 | −55 | −54 | −34 | −54 | |
| All other investing activities | −35 | −16 | −1 | 0 | −9 | |
| Net cash used in investing activities | −98 | −434 | −55 | −89 | −97 | |
| Proceeds from issuance of common stock in connection with stock-based compensation | 22 | 24 | 4 | 0 | 0 | |
| Net transfers to Former Parent | 0 | 0 | −147 | −781 | −800 | |
| Consideration paid to Former Parent in connection with Separation | 0 | 0 | −2,600 | 0 | 0 | |
| Payment of dividends | −109 | −89 | 0 | 0 | — | |
| Proceeds from borrowings (maturities longer than 90 days) | 0 | 0 | 2,608 | 0 | — | |
| All other financing activities | −15 | 0 | 0 | 0 | 1 | |
| Net cash used in financing activities | −102 | −65 | −135 | −781 | −799 | |
| Effect of exchange rate changes on cash and cash equivalents | 53 | −37 | −11 | 0 | 0 | |
| Net change in cash and cash equivalents | 930 | 339 | 762 | 0 | 0 | |
| Cash interest payments | 138 | 137 | 0 | 0 | — | |
| Total Taxes Paid | 235 | 293 | 113 | 0 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Veralto Corp's CIK number?
Veralto Corp's SEC CIK number is 0001967680 (1967680). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Veralto Corp's SEC filings?
All of Veralto Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Veralto Corp last report earnings?
Veralto Corp (VLTO) most recently filed an earnings 8-K with the SEC on Apr 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001967680-26-000023). This is Veralto Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is Veralto Corp's most recent earnings 8-K?
Veralto Corp's latest earnings 8-K (Item 2.02) was filed Apr 28, 2026 under accession 0001967680-26-000023. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Veralto Corp's latest earnings 8-K →
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