Veralto Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct '25 Oct 3, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	5,452	5,193	5,021	4,870	4,700	4,348
Revenue Growth (YoY)	6.15%	3.43%	3.10%	3.62%	8.10%	-
Cost of Revenue	2,180	2,088	2,120	2,110	1,987	1,838
Gross Profit	3,272	3,105	2,901	2,760	2,713	2,510
Selling, General & Admin	1,735	1,643	1,523	1,421	1,430	1,324
Research & Development	267	253	225	217	244	219
Operating Expenses	2,002	1,896	1,748	1,638	1,674	1,543
Operating Income	1,270	1,209	1,153	1,122	1,039	967
Interest Expense	-104	-113	-30	-	-	-
EBT Excluding Unusual Items	1,166	1,096	1,123	1,122	1,039	967
Gain (Loss) on Sale of Investments	-	-	-15	-	-	-
Gain (Loss) on Sale of Assets	-6	-10	-	-	8	-
Asset Writedown	-	-	-12	-9	-	-17
Pretax Income	1,160	1,086	1,096	1,113	1,047	950
Income Tax Expense	247	253	257	268	186	226
Net Income	913	833	839	845	861	724
Net Income to Common	913	833	839	845	861	724
Net Income Growth	13.28%	-0.71%	-0.71%	-1.86%	18.92%	-
Shares Outstanding (Basic)	248	247	246	246	246	-
Shares Outstanding (Diluted)	250	250	247	246	246	-
Shares Change (YoY)	0.43%	1.14%	0.20%	-	-	-
EPS (Basic)	3.68	3.37	3.41	3.43	3.50	-
EPS (Diluted)	3.65	3.34	3.40	3.43	3.50	-
EPS Growth	12.64%	-1.76%	-0.88%	-1.88%	-	-
Free Cash Flow	986	820	909	836	842	965
Free Cash Flow Per Share	3.94	3.29	3.68	3.39	3.42	-
Dividend Per Share	0.440	0.380	0.090	-	-	-
Dividend Growth	22.22%	322.22%	-	-	-	-
Gross Margin	60.01%	59.79%	57.78%	56.67%	57.72%	57.73%
Operating Margin	23.29%	23.28%	22.96%	23.04%	22.11%	22.24%
Profit Margin	16.75%	16.04%	16.71%	17.35%	18.32%	16.65%
Free Cash Flow Margin	18.09%	15.79%	18.10%	17.17%	17.91%	22.19%
EBITDA	1,348	1,287	1,240	1,212	1,145	1,077
EBITDA Margin	24.73%	24.78%	24.70%	24.89%	24.36%	24.77%
D&A For EBITDA	78	78	87	90	106	110
EBIT	1,270	1,209	1,153	1,122	1,039	967
EBIT Margin	23.29%	23.28%	22.96%	23.04%	22.11%	22.24%
Effective Tax Rate	21.29%	23.30%	23.45%	24.08%	17.77%	23.79%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.