VLTO on NYSE

Veralto Corporation

American water company

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

2022Founded1

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  • TickerVLTO on NYSE1
  • IndustryInstruments For Meas & Testing of Electricity & Elec Signals1
  • HeadquartersWaltham1
  • Websitewww.veralto.com
  • Incorporated inUnited States4
  • Business address225 Wyman St., Suite 250, Waltham, Ma 024514
  • Filer categoryLarge accelerated filer4

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

59.9%Gross margin6
23.2%Operating margin6
17.1%Net margin6
6.0%Revenue growth, 20256
30.3%Return on equity6
0.64×Debt to equity6
$1.0BFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Revenue from Contract with Customer, Measurement, Recurring brought in 61% of the revenue Veralto Corporation broke down this way in fiscal 2025.

  1. Revenue from Contract with Customer, Measurement, Recurring$3.4B661%up 7% from 2024
  2. Revenue from Contract with Customer, Measurement, Nonrecurring$2.1B639%up 5% from 2024
Products and services by year
Products and services202320242025
Revenue from Contract with Customer, Measurement, Recurring$3.0B$3.1B$3.4B
Revenue from Contract with Customer, Measurement, Nonrecurring$2.1B$2.0B$2.1B

Business segments

Water Quality brought in 60% of the revenue Veralto Corporation broke down this way in fiscal 2025.

  1. Water Quality$3.3B660%up 6% from 2024
  2. Product and Quality Innovation$2.2B640%up 6% from 2024
Business segments by year
Business segments202320242025
Water Quality$3.0B$3.1B$3.3B
Product and Quality Innovation$2.0B$2.1B$2.2B

Regions

North America brought in 48% of the revenue Veralto Corporation broke down this way in fiscal 2025.

  1. North America$2.6B648%up 6% from 2024
  2. High-Growth Markets$1.5B627%up 5% from 2024
  3. Western Europe$1.2B623%up 8% from 2024
  4. Other Developed Markets$118.0M62%up 3% from 2024
Regions by year
Regions202320242025
North America$2.4B$2.5B$2.6B
High-Growth Markets$1.4B$1.4B$1.5B
Western Europe$1.1B$1.1B$1.2B
Other Developed Markets$118.0M$115.0M$118.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue40¢$2.2B
  • Research and development5¢$266.0M
  • Selling, general and admin32¢$1.8B
  • Other costs2¢$104.0M
  • Income tax4¢$233.0M
  • Profit17¢$940.0M

Out of $5.5B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending6¢$63.0M
  • Dividends paid10¢$109.0M
  • Kept or used elsewhere84¢$905.0M

Out of $1.1B of cash from operations.6

Financial statements

Revenue786$5.5B in 2025+17% since 2021
0$2.0B$4.0B$6.0B2021: $4.7B$4.7B20212022: $4.9B$4.9B2022+4%2023: $5.0B$5.0B2023+3%2024: $5.2B$5.2B2024+3%2025: $5.5B$5.5B2025+6%
Gross profit786$3.3B in 2025+22% since 2021
0$1.0B$2.0B$3.0B$4.0B2021: $2.7B$2.7B20212022: $2.8B$2.8B2022+2%2023: $2.9B$2.9B2023+5%2024: $3.1B$3.1B2024+7%2025: $3.3B$3.3B2025+6%
Operating income786$1.3B in 2025+23% since 2021
0$500.0M$1.0B$1.5B2021: $1.0B$1.0B20212022: $1.1B$1.1B2022+7%2023: $1.1B$1.1B2023+3%2024: $1.2B$1.2B2024+6%2025: $1.3B$1.3B2025+6%
Net income786$940.0M in 2025+9% since 2021
0$250.0M$500.0M$750.0M$1.0B2021: $861.0M$861.0M20212022: $845.0M$845.0M2022−2%2023: $839.0M$839.0M2023−1%2024: $833.0M$833.0M2024−1%2025: $940.0M$940.0M2025+13%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Sales$5.5B$5.2B$5.0B
Cost of sales-$2.2B-$2.1B-$2.1B
Gross profit$3.3B$3.1B$2.9B
Selling, general and administrative expenses-$1.8B-$1.6B-$1.5B
Research and development expenses-$266.0M-$253.0M-$225.0M
Operating profit$1.3B$1.2B$1.1B
Other income (expense), net-$8.0M-$9.0M-$14.0M
Interest expense, net-$96.0M-$113.0M-$30.0M
Earnings before income taxes$1.2B$1.1B$1.1B
Income taxes-$233.0M-$253.0M-$257.0M
Net earnings$940.0M$833.0M$839.0M
Basic (in usd per share)$3.79$3.37$3.41
Diluted (in usd per share)$3.76$3.34$3.40
Basic (in shares)248.3M shares247.3M shares246.4M shares
Diluted (in shares)250.3M shares249.6M shares246.8M shares

Compare Veralto Corporation with another company

The story

Danaher Corporation completed the corporate spin-off of the company in September 2023, with each shareholder of Danaher receiving one share of Veralto common stock for every three shares of Danaher held as of 13 September.

In October 2024, the company acquired TraceGains, a cloud-based software platform used for compliance and reporting regulations for food and beverage safety and traceability, for $350 million.

In November 2024, Veralto invested $15 million in Axine Water Technologies.

In February 2025, the company acquired Aquafides, which produces ultraviolet water treatment systems, for $20 million.

In July 2025, Veralto made a $20 million investment in Emerald Technology Ventures, a venture capital fund.

From Wikipedia’s article on Veralto, shared under CC BY-SA 4.0.5

Leadership

Who has led Veralto Corporation, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (19)

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. Sep 11, 2023New chief executive Jennifer Honeycutt becomes CEO12
  2. 2022Founded Founded1

Filings

302 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 27 major events, 176 insider forms, 15 large holders, 72 other. The latest 20:

  1. Aug 19, 20264 EDGAR
  2. Aug 17, 2026144 EDGAR
  3. Aug 14, 2026SCHEDULE 13G EDGAR
  4. Jul 31, 20264 EDGAR
  5. Jul 30, 2026SCHEDULE 13G/A EDGAR
  6. Jul 29, 202610-Q EDGAR
  7. Jul 29, 2026144 EDGAR
  8. Jul 28, 20268-K EDGAR
  9. Jul 28, 20264 EDGAR
  10. Jul 28, 20264 EDGAR
  11. Jul 28, 20264 EDGAR
  12. Jul 21, 20264 EDGAR
  13. Jul 17, 20264 EDGAR
  14. Jul 17, 20264 EDGAR
  15. Jul 17, 20264 EDGAR
  16. Jul 17, 2026144 EDGAR
  17. Jul 17, 20264 EDGAR
  18. Jul 17, 20264 EDGAR
  19. Jul 17, 20264 EDGAR
  20. Jul 17, 20264 EDGAR

The 302 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

34 open-market trades by officers, directors and large owners since October 2021: 1 buys and 33 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 17, 2026Trivedi SurekhaSVP, Strategy & SustainabilitySale986$97.05$95.7KForm 4
Jul 29, 2026Honeycutt JenniferPresident and CEOSale7,097$101.52$720.5KForm 4
Jul 17, 2026Honeycutt JenniferPresident and CEOSale7,097$95.00$674.2KForm 4
May 1, 2026Skeete Bernard MChief Accounting OfficerSale300$88.21$26.5KForm 4
Feb 27, 2026Kapity MelissaSVP, Water QualitySale14,840$96.60$1.4MForm 4
Dec 1, 2025Bystrom MattiasSVP, PQISale1,000$101.73$101.7KForm 4
Aug 29, 2025Honeycutt JenniferPresident and CEOSale10,646$106.26$1.1MForm 4
Jun 2, 2025Trivedi SurekhaSVP, Strategy & SustainabilitySale848$100.55$85.3KForm 4
May 15, 2025Beneteau LesleySVP, CHROSale458$100.84$46.2KForm 4
May 12, 2025Bystrom MattiasSVP, PQISale2,500$99.96$249.9KForm 4
May 1, 2025Aquino MelissaSVP, Water QualitySale31,689$93.67$3.0MForm 4
May 1, 2025Trivedi SurekhaSVP, Strategy & SustainabilitySale590$96.54$57.0KForm 4
May 1, 2025Skeete Bernard MChief Accounting OfficerSale450$94.40$42.5KForm 4
Apr 30, 2025Honeycutt JenniferPresident and CEOSale10,418$95.00$989.7KForm 4
Apr 1, 2025Trivedi SurekhaSVP, Strategy & SustainabilitySale590$97.05$57.3KForm 4
Mar 24, 2025Honeycutt JenniferPresident and CEOSale10,414$98.56$1.0MForm 4
Feb 25, 2025Trivedi SurekhaSVP, Strategy & SustainabilitySale590$100.35$59.2KForm 4
Feb 25, 2025Honeycutt JenniferPresident and CEOSale10,414$100.35$1.0MForm 4
Feb 11, 2025Aquino MelissaSVP, Water QualitySale463$99.60$46.1KForm 4
Nov 26, 2024Skeete Bernard MChief Accounting OfficerSale200$108.78$21.8KForm 4

All 34 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.22,647,953$2.0B0.0%−2,281,597
Vanguard Capital Management LLC16,043,210$1.4B0.0%+336,761
Vanguard Portfolio Management LLC12,149,926$1.1B0.0%+368,453
State Street Corp11,131,069$988.5M0.0%+205,603
First Trust Advisors LP8,190,187$726.3M0.4%+2,039,799
Geode Capital Management, LLC7,389,874$653.0M0.0%−104,669
Invesco Ltd.5,536,282$491.0M0.0%+440,126
Impax Asset Management Group plc5,186,589$459.9M3.0%+1,810,492
Goldman Sachs Group Inc4,041,035$358.4M0.0%+744,914
Alliancebernstein L.P.3,735,658$330.3M0.1%−180,708
Amundi3,531,003$313.2M0.1%−266,523
Morgan Stanley3,455,169$306.4M0.0%−12,774
Northern Trust Corp3,233,544$286.8M0.0%−163,419
Jpmorgan Chase & Co3,104,075$274.2M0.0%−860,525
Pictet Asset Management Holding SA3,030,189$268.7M0.3%−184,130
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC2,865,340$254.1M0.0%+71,335
Norges Bank2,754,071$244.2M0.0%New
Bank of New York Mellon Corp2,652,228$235.2M0.0%−379,966
Rudius Management LP2,572,812$228.2M59.0%+61,538
Jupiter Topco LLC2,542,908$225.5M0.1%New
FIL Ltd2,533,355$224.7M0.2%+638,783
Fmr LLC2,516,643$223.2M0.0%+163,608
Aqr Capital Management LLC2,313,579$202.8M0.1%−82,471
Millennium Management LLC2,064,110$183.0M0.1%+1,867,871
Dimensional Fund Advisors LP2,059,577$182.6M0.0%+271,551

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

13 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Aug 21, 2026Kevin HernRepublican, HouseSale$1,001 - $15,000−1.5%Report
Aug 14, 2026Kevin HernRepublican, HousePartial sale$1,001 - $15,000−4.0%Report
Jun 24, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+11.8%Report
May 11, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+12.3%Report
May 1, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+8.2%Report
Apr 13, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−1.3%Report
Apr 6, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−3.3%Report
Jan 28, 2026Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000+8.7%Report
May 29, 2024Greg LandsmanDemocratic, HouseSale$1,001 - $15,000+44.2%Report
Dec 5, 2023Markwayne Mullin, SenatePartial sale$1,001 - $15,000+35.3%Report
Nov 29, 2023Sheldon WhitehouseDemocratic, SenateSale$1,001 - $15,000+33.7%Report
Nov 29, 2023Sheldon WhitehouseDemocratic, SenateSale$1,001 - $15,000+33.7%Report
Nov 29, 2023Sheldon WhitehouseDemocratic, SenateSale$1,001 - $15,000+33.7%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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