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Veralto VLTO Operating margin

Operating margin at other companies

Dover logo
DoverDOV
16.7%+0.5pp
Ecolab logo
EcolabECL
17%-1.1pp
Danaher logo
DanaherDHR
19.2%-1.0pp
WAT
Waters CorporationWAT
16%-12.3pp
Nordson logo
NordsonNDSN
26.4%+2.1pp
AWK
American Water WorksAWK
36.5%-0.1pp

Other financials

Income statement

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Revenue$1.4B+6.8%
Gross profit$854.0M+6.1%
Operating income$338.0M+5.0%
Net income$254.0M+12.9%
EPS (diluted)$1.02+13.3%

Balance sheet

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Cash & equivalents$1.4B+15.5%
Total debt$2.9B+2.1%
Total equity$3.0B+30.5%
Total assets$7.7B+15.2%

Cash flow

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Operating cash flow$182.0M+15.9%
CapEx$12.0M-20.0%
Free cash flow$170.0M+19.7%

Valuation

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Market cap$20.33B-10.2%
Enterprise value$21.77B-10.1%
P/E21×-4.9×
P/S3.6×-0.7×

Profitability

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Gross margin59.9%-0.1pp
Net margin17.3%+0.8pp

Returns & leverage

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Return on equity36.5%-9.7pp
Debt / equity-0.3×
Current ratio1.5×-0.7×

Where this comes from

Calculated from Veralto’s reported figures.

Based on trailing twelve months.

The official record: Veralto’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Veralto's operating margin?
Veralto (VLTO) reported operating margin of 23.1% in Q1 2026.
How has Veralto's operating margin changed year-over-year?
Veralto's operating margin decreased by 1.3% year-over-year, from 23.4% to 23.1%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.