Veralto Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,696	5,503	5,193	5,021	4,870	4,700
Revenue Growth	6.23%	5.97%	3.43%	3.10%	3.62%	-
Cost of Revenue	2,268	2,204	2,088	2,120	2,110	1,987
Gross Profit	3,428	3,299	3,105	2,901	2,760	2,713
Selling, General & Admin	1,857	1,756	1,644	1,536	1,431	1,428
Research & Development	276	266	253	225	217	244
Total Operating Expenses	2,133	2,022	1,897	1,761	1,648	1,672
Operating Income	1,295	1,277	1,208	1,140	1,112	1,041
Interest Expense	-92	-96	-113	-30	-	-
Other Non-Operating Income (Expense)	6	-8	-9	-14	1	6
Total Non-Operating Income (Expense)	-86	-104	-122	-44	1	6
Pretax Income	1,209	1,173	1,086	1,096	1,113	1,047
Provision for Income Taxes	221	233	253	257	268	186
Net Income	988	940	833	839	845	861
Net Income to Common	988	940	833	839	845	861
Net Income Growth	10.64%	12.85%	-0.71%	-0.71%	-1.86%	-
Shares Outstanding (Basic)	247	248	247	246	246	246
Shares Outstanding (Diluted)	249	250	250	247	246	246
Shares Change	-0.42%	0.28%	1.14%	0.20%	-	-
EPS (Basic)	3.99	3.79	3.37	3.41	3.43	3.50
EPS (Diluted)	3.96	3.76	3.34	3.40	3.43	3.50
EPS Growth	10.62%	12.57%	-1.76%	-0.88%	-2.00%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	1,047	1,014	820	909	836	842
Free Cash Flow Growth	11.03%	23.66%	-9.79%	8.73%	-0.71%	-
Free Cash Flow Per Share	4.20	4.05	3.29	3.68	3.39	3.42
Dividends Per Share	0.500	0.460	0.380	0.090	-	-
Dividend Growth	19.05%	21.05%	322.22%	-	-	-
Gross Margin	60.18%	59.95%	59.79%	57.78%	56.67%	57.72%
Operating Margin	22.74%	23.21%	23.26%	22.70%	22.83%	22.15%
Profit Margin	17.35%	17.08%	16.04%	16.71%	17.35%	18.32%
FCF Margin	18.38%	18.43%	15.79%	18.10%	17.17%	17.91%
EBITDA	1,388	1,355	1,286	1,227	1,202	1,147
EBITDA Margin	24.37%	24.62%	24.76%	24.44%	24.68%	24.40%
EBIT	1,295	1,277	1,208	1,140	1,112	1,041
EBIT Margin	22.74%	23.21%	23.26%	22.70%	22.83%	22.15%
Effective Tax Rate	18.28%	19.86%	23.30%	23.45%	24.08%	17.77%

SEC Filings: 10-K · 10-Q