VLTO
Veralto Corporation

Veralto CorporationVLTO

Industrials · Pollution & Treatment Controls
103.19USD
-0.15%
Oct 28, 2026
VLTO overview ready
Provider of advanced water-quality monitoring and treatment technologies
A direct water-quality technology and treatment provider, though the company also has a substantial separate product-quality and packaging-solutions segment.
Narrative is still early
Exposed to the Water Security and Infrastructure Modernization narrative through Water Quality Monitoring, Treatment and Reuse — enabling supplier.
Advancing price action
Longer-term context reads new trend, with a near-term setup of daily reclaim.
Fair valuation
The price broadly reflects the level and quality of its cash generation, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Exposure to regulatory changes impacting water treatment requirements.
Market Oct 27Filing Jul 3Price action Jul 28Research Jul 28

Conviction Level

CompanyFit8.0PriceAction7.5Valuation6.2CompanyPosition7.3BusinessQuality9.1

Conviction uses Company Fit, Price Action, Valuation, Business Quality. Company Position is research context, not an input.

Theme leadershipGroup context · not a Conviction input
vs SPY
+4.4pp
Theme return
+4.9%
Beating SPY
6 of 9
21 sessions to Oct 27, 2026 · ranked 21 of 59 themes
Price
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Price Action

Advancing price action
Longer-term context reads new trend, with a near-term setup of daily reclaim.

Key Financials

Market Cap
$25.2B
Avg Volume (60D)
1.7M
60 sessions
Revenue Growth YoY
+6.0%
FY2025 vs FY2024
Gross Margin
+60.2%
Trailing twelve months
Operating Margin
+22.7%
Trailing twelve months
Free Cash Flow Yield
+4.2%
P/E
25.5x
EV / EBITDA
19.0x
EV / Sales
4.6x
Market metrics as of Oct 27, 2026
Financial results for the period ended Jul 3, 2026
Filed balance-sheet data as of Jul 3, 2026

Fundamentals & Valuation

All three valuation perspectives agree this company is fair.
Veralto Corporation has a Fair valuation stance because the price broadly reflects the level and quality of its cash generation, with upside and risk reasonably balanced.

Company Research

Thesis
A direct water-quality technology and treatment provider, though the company also has a substantial separate product-quality and packaging-solutions segment. VLTO has meaningful, direct exposure to a real but currently under-promoted water-infrastructure narrative that is absent from the active hierarchy.
Opportunity
Moderate opportunity
Municipal and industrial investment in contaminant detection, water-quality compliance, treatment optimization, wastewater reuse, and resilient water supplies amid aging infrastructure, water scarcity, and tightening water-quality requirements.
Key risk
Exposure to regulatory changes impacting water treatment requirements.

Economic classification

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Business & Markets

Industrials · Pollution & Treatment Controls
What they do

Veralto Corporation operates globally through two segments, Water Quality and Product Quality & Innovation, providing water analytics, treatment technologies, marking and coding, and packaging and color solutions.

How it earns

The company generates revenue primarily through transactional sales of instrumentation, treatment technologies, chemicals, and related services.

Products & services
Precision water instrumentation
Water treatment technologies
Chemical reagents
Marking and coding solutions
Packaging and color solutions
Customers & end markets
Residential
Commercial
Municipal
Industrial
Research
Natural resource applications
Market position

Veralto is a diversified player with established brands in water quality and product innovation, positioned as a leader in precision water treatment and analytics.

Demand drivers
Medium cyclicality

Demand is influenced by regulatory cycles and infrastructure spending but also has steady baseline needs across multiple end markets.