Veralto Corporation (VLTO)

Veralto Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 27, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,136	5,021	4,870	4,700	4,348
Revenue Growth (YoY)	3.11%	3.10%	3.62%	8.10%	-
Cost of Revenue	2,086	2,120	2,110	1,987	1,838
Gross Profit	3,050	2,901	2,760	2,713	2,510
Selling, General & Admin	1,624	1,523	1,421	1,430	1,324
Research & Development	241	225	217	244	219
Operating Expenses	1,865	1,748	1,638	1,674	1,543
Operating Income	1,185	1,153	1,122	1,039	967
Interest Expense	-110	-30	-	-	-
EBT Excluding Unusual Items	1,092	1,123	1,122	1,039	967
Gain (Loss) on Sale of Investments	-15	-15	-	-	-
Gain (Loss) on Sale of Assets	-10	-	-	8	-
Asset Writedown	-	-12	-9	-	-17
Pretax Income	1,067	1,096	1,113	1,047	950
Income Tax Expense	261	257	268	186	226
Net Income	806	839	845	861	724
Net Income to Common	806	839	845	861	724
Net Income Growth	-5.73%	-0.71%	-1.86%	18.92%	-
Shares Outstanding (Basic)	247	246	246	246	-
Shares Outstanding (Diluted)	249	247	246	246	-
Shares Change (YoY)	1.15%	0.20%	-	-	-
EPS (Basic)	3.26	3.41	3.43	3.50	-
EPS (Diluted)	3.24	3.40	3.43	3.50	-
EPS Growth	-6.52%	-0.87%	-1.88%	-	-
Free Cash Flow	798	909	836	842	965
Free Cash Flow Per Share	3.20	3.68	3.39	3.42	-
Dividend Per Share	0.360	0.090	-	-	-
Gross Margin	59.38%	57.78%	56.67%	57.72%	57.73%
Operating Margin	23.07%	22.96%	23.04%	22.11%	22.24%
Profit Margin	15.69%	16.71%	17.35%	18.32%	16.65%
Free Cash Flow Margin	15.54%	18.10%	17.17%	17.91%	22.19%
EBITDA	1,265	1,240	1,212	1,145	1,077
EBITDA Margin	24.63%	24.70%	24.89%	24.36%	24.77%
D&A For EBITDA	80	87	90	106	110
EBIT	1,185	1,153	1,122	1,039	967
EBIT Margin	23.07%	22.96%	23.04%	22.11%	22.24%
Effective Tax Rate	24.46%	23.45%	24.08%	17.77%	23.79%

Source: S&P Capital IQ. Standard template. Financial Sources.