Veralto (VLTO)

Water-quality and product-identification businesses spun off from Danaher (2023). Veralto is listed on the New York Stock Exchange and reports in USD. compounders.ai reads its annual filings and shows reported operating profit next to normalized EBITA under one published rulebook, every figure linked to the filing it was read from.

Archetype
US industrial acquirer
Listing
New York Stock Exchange: VLTO (listing key NYSE-VLTO)
Country
United States
Reporting currency
USD
Filing source
SEC inline XBRL (native)
Latest filing on record
Form 10-K for the fiscal year ended 2025-12-31 — Veralto, filed 20 Feb 2026 (14 filings on record)
Fiscal years published
FY2021–FY2025
Normalized EBITA published
FY2024, FY2025

Key figures, FY2025

Fiscal year ended 31 Dec 2025, in USD as reported. Published 20 Oct 2026 under ruleset 1.4.0; read for this page on 20 Oct 2026. Each figure links to the filing it was read from; a computed figure links to its primary citation.

FigureFY2025Source
Income statement
RevenueUSD 5,503 millionForm 10-K for the fiscal year ended 2025-12-31 — Veralto · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax · as filed
Reported operating profitUSD 1,277 millionForm 10-K for the fiscal year ended 2025-12-31 — Veralto · us-gaap:OperatingIncomeLoss · as filed
Reported operating margin23.2%Form 10-K for the fiscal year ended 2025-12-31 — Veralto · us-gaap:OperatingIncomeLoss · computed from cited lines
Normalized EBITAUSD 1,313 millionForm 10-K for the fiscal year ended 2025-12-31 — Veralto · us-gaap:OperatingIncomeLoss · computed from cited lines
Normalized EBITA margin23.9%Form 10-K for the fiscal year ended 2025-12-31 — Veralto · us-gaap:OperatingIncomeLoss · computed from cited lines
Normalized EBITDAUSD 1,355 millionForm 10-K for the fiscal year ended 2025-12-31 — Veralto · us-gaap:OperatingIncomeLoss · computed from cited lines
Returns on capital
ROIC incl. goodwill28.9%Form 10-K for the fiscal year ended 2025-12-31 — Veralto · us-gaap:OperatingIncomeLoss · computed from cited lines
ROIC excl. goodwill119.6%Form 10-K for the fiscal year ended 2025-12-31 — Veralto · us-gaap:OperatingIncomeLoss · computed from cited lines
ROIIC, 3 yearsNot published for FY2025
Balance sheet and cash
Net debtUSD 642 millionForm 10-K for the fiscal year ended 2025-12-31 — Veralto · us-gaap:LongTermDebtNoncurrent · computed from cited lines
Net debt to EBITDA0.47xForm 10-K for the fiscal year ended 2025-12-31 — Veralto · us-gaap:LongTermDebtNoncurrent · computed from cited lines
FCF before acquisitionsNot published for FY2025
FCF available to shareholders (FCFA2S)Not published for FY2025

Earlier years (FY2021–FY2024) are in the terminal's tabs below.

In the terminal

How the figures are made: methodology · glossary · how to cite them: citation guidelines.