TICKDELTA
Sign in
Screener / SEC EDGAR /CIK 0001967680 /10-K filed Feb 20, 2026, compared with Feb 25, 2025 /Numbers from the XBRL of the 10-Ks
Industrials peers:
EFXVLTOHUBBLIIODFLSNA
NYSE Industrials · Test & Measurement

Veralto VLTO

VLTO quote by TradingView

Veralto Corporation’s unifying purpose is Safeguarding the World’s Most Vital ResourcesTM. Our diverse group of leading operating companies provide essential technology solutions that monitor, enhance and protect key resources around the globe. 10-K, Item 1

Employees
17,000
Headquarters
Waltham, MA
CEO
Jennifer Honeycutt
Next results
around Feb 2, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $5.5B through the costs to a net profit of $940.0M · income statement of the 10-K

23% operating margin
Revenue to Gross profit: $3.3BRevenue to Cost of revenue: $2.2BGross profit to Operating profit: $1.3BGross profit to Operating expenses: $2.0BOperating profit to Net profit: $940.0MOperating profit to Tax & other: $337.0MOperating expenses to R&D: $266.0MOperating expenses to SG&A: $1.8B Revenue: $5.5B REVENUE $5.5B +6% Y/Y Gross profit: $3.3B · 60% margin GROSS PROFIT $3.3B 60% margin · +6% Y/Y Cost of revenue: $2.2B · 40% of revenue COST OF REVENUE $2.2B 40% of revenue Operating profit: $1.3B · 23% margin OPERATING PROFIT $1.3B 23% margin · +6% Y/Y Operating expenses: $2.0B · 37% of revenue OPERATING EXPENSES $2.0B 37% of revenue Net profit: $940.0M · 17% margin NET PROFIT $940.0M 17% margin · +13% Y/Y Tax & other: $337.0M · 6% of revenue TAX & OTHER $337.0M 6% of revenue R&D: $266.0M · 5% of revenue R&D $266.0M 5% of revenue SG&A: $1.8B · 32% of revenue SG&A $1.8B 32% of revenue
Gross profit $3.3B 60% margin · +6% Y/Y
Operating profit $1.3B 23% margin · +6% Y/Y
Net profit $940.0M 17% margin · +13% Y/Y
The full income statement, year by year

VLTO among Industrials peers

Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.

Compare
Revenue growth: 6.0%, above 58% of 81 peers (their median 4.6%) REVENUE GROWTH 6.0% · above 58% Gross margin: 60.2%, above 92% of 51 peers (their median 38.1%) GROSS MARGIN 60.2% · above 92% Operating margin: 21.8%, above 73% of 71 peers (their median 17.5%) OPERATING MARGIN 21.8% · above 73% Net margin: 17.3%, above 78% of 81 peers (their median 13.0%) NET MARGIN 17.3% · above 78% FCF margin: 18.8%, above 83% of 78 peers (their median 13.0%) FCF MARGIN 18.8% · above 83% Return on capital: 16.0%, above 63% of 65 peers (their median 13.8%) RETURN ON CAPITAL 16.0% · above 63%
VLTO Peer median Below the median

What changed

7 new risk paragraphs. 10-K filed Feb 20, 2026 against Feb 25, 2025.

Risk factors
7 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Accounting checks
11 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 11 checks found nothing to note

  • Receivables +10.5% vs revenue +6.0% (+4.5 pts)
  • Cash from operations $1.1B vs net income $940.0M (FY ending Dec 31, 2025)
  • Inventory +6.6% vs revenue +6.0% (+0.6 pts)
8 more checks with nothing to note
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Goodwill Impairment
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

7 paragraphs in Risk Factors that were not in the 10-K filed Feb 25, 2025. Quoted as filed.

All 7 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 25, 2025 10-K, ITEM 1A
    The U.S. government has imposed and may continue to impose significant tariffs or other restrictions on foreign imports, and such trade restrictions or related countermeasures taken by impacted foreign countries could negatively affect our business and financial statements. The U.S. government has imposed significant tariffs or other…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 25, 2025 10-K, ITEM 1A
    Uncertainties with respect to the development, deployment, and use of artificial intelligence in our business and products may result in harm to our business and financial statements. We are in the early stages of incorporating artificial intelligence (“AI”) into our business activities and our product and service offerings. As with…

New risk paragraphs, against peers

Latest 10-K of each, Industrials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$4.9B$5.0B$5.2B$5.5B
Net income$845.0M$839.0M$833.0M$940.0M
Operating cash flow$870.0M$963.0M$875.0M$1.1B
Free cash flow$836.0M$909.0M$820.0M$1.0B

Revenue, FY2021 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$5.5B ▲ 6.0% in FY2025

FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Veralto, Waltham, MA · from the 10-K filed Feb 20, 2026

Veralto Corporation’s unifying purpose is Safeguarding the World’s Most Vital ResourcesTM. Our diverse group of leading operating companies provide essential technology solutions that monitor, enhance and protect key resources around the globe. We are committed to the advancement of public health and safety and believe we are positioned to support our customers as they address large global challenges including environmental resource sustainability, water scarcity, management of severe weather events, food and pharmaceutical security, and the impact of an aging workforce.

Headquarters
Waltham, MA
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 29, 2026
Incorporated in
United States

Employees, at the top of the page: "Veralto is headquartered in Waltham, Massachusetts with a workforce of nearly 17,000 employees (whom we refer to as “associates”) as of December 31, 2025, of whom approximately 6,500 were employed in North America, 5,000 were employed in Western Europe, 500 were employed in other developed markets a" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 20, 2026 (open at SEC), compared with the 10-K filed Feb 25, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/VLTO/export.csv") into a cell.