Veralto Corporation (VLTO)

Slow Grower

FairStock Score: 51/100 — MIXED

Key Financials

Current Price$115.70
Market Cap$28.1B
P/E Ratio29.14
ROE34.31%
Dividend Yield0.55%
SectorIndustrials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for understandable businesses with durable advantages bought at sensible prices. Veralto is understandable: Water Quality and Product Quality & Innovation sell instruments, treatment chemicals, and marking/coding systems that customers rely on for compliance and uptime. That recurring, regulation-driven demand is a modest moat, but it is not a wide-moat franchise; ROCE of 10.31% as FairStock calculates is decent, not exceptional. FairStock's D/E is 1.16, its Altman Z-Score is 3.69, and its Piotroski F-Score is 6/9; FCF of $1.0B and FCF yield of 4.1% show cash generation, but leverage warrants attention. Growth is steady but slow: in fiscal 2025, the year ended 2025-12-31, revenue was $5.5B, net income $940.0M, and EPS $3.76; in fiscal 2024 revenue was $5.2B, net income $833.0M, and EPS $3.34; in fiscal 2023 revenue was $5.0B, net income $839.0M, and EPS $3.40. FairStock's Lynch category is SLOW GROWER: profit 2.2% a year over four years and revenue 4.0%. At the $103.35 close on 2026-10-26, FairStock's P/E is 26.03, P/B 8.15, PEG 3.07, and EV/EBITDA 19.29; its Graham Number is $33.65, a margin of safety of -210.04%. FairStock's ROE of 34.31% is high, though partly leverage. I would call it quality at a demanding price, not a bargain.

In plain English: Veralto makes water testing and treatment equipment and product marking and packaging systems. The business is profitable and generates cash, but the shares look expensive compared with its earnings and net worth. It looks like a good company trading at a full price.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-04-03) · fiscal Q3 2025 10-Q (period ended 2025-10-03) · fiscal Q2 2025 10-Q (period ended 2025-07-04) · fiscal Q1 2025 10-Q (period ended 2025-04-04) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer