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Veralto Valuation Multiples
Discover revenue and EBITDA valuation multiples for Veralto and similar public comparables like Veolia, GFL Environmental, Clean Harbors, Zurn Elkay and more.
Veralto Overview
About Veralto
Veralto is a diversified industrial firm organized into two segments: water quality, product quality, and innovation. The water quality segment offers water analytics and water treatment solutions, while the product quality and innovation segment offers coding, packaging, and color solutions for consumer packaged goods and pharmaceuticals. Headquartered in Waltham, Massachusetts, the company has around 17,000 employees. Veralto generated approximately $5.5 billion in revenue in 2025.
Founded
2022
HQ
Employees
17.0K
Website
Financials (LTM)
EV
$25B
Veralto Financials
Veralto reported last 12-month revenue of $6B and EBITDA of $1B.
In the same LTM period, Veralto generated $3B in gross profit, $1B in EBITDA, and $996M in net income.
Revenue (LTM)
Veralto P&L
In the most recent fiscal year, Veralto reported revenue of $6B and EBITDA of $1B.
Veralto expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $6B | XXX | $6B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 60% | XXX | 60% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $1B | XXX | XXX | XXX |
| EBITDA Margin | 25% | XXX | 25% | XXX | XXX | XXX |
| EBIT Margin | 24% | XXX | 24% | XXX | XXX | XXX |
| Net Profit | $996M | XXX | $977M | XXX | XXX | XXX |
| Net Margin | 18% | XXX | 18% | XXX | XXX | XXX |
| Net Debt | — | — | $642M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Veralto Stock Performance
Veralto has current market cap of $24B, and enterprise value of $25B.
Market Cap Evolution
Veralto's stock price is $97.22.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $25B | $24B | 0.0% | XXX | XXX | XXX | $3.94 |
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Start Free TrialVeralto Valuation Multiples
Veralto trades at 4.5x EV/Revenue multiple, and 17.8x EV/EBITDA.
EV / Revenue (LTM)
Veralto Financial Valuation Multiples
As of April 2, 2026, Veralto has market cap of $24B and EV of $25B.
Equity research analysts estimate Veralto's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Veralto has a P/E ratio of 24.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $24B | XXX | $24B | XXX | XXX | XXX |
| EV (current) | $25B | XXX | $25B | XXX | XXX | XXX |
| EV/Revenue | 4.5x | XXX | 4.5x | XXX | XXX | XXX |
| EV/EBITDA | 17.8x | XXX | 18.1x | XXX | XXX | XXX |
| EV/EBIT | 18.4x | XXX | 18.7x | XXX | XXX | XXX |
| EV/Gross Profit | 7.4x | XXX | 7.6x | XXX | XXX | XXX |
| P/E | 24.2x | XXX | 24.7x | XXX | XXX | XXX |
| EV/FCF | 24.6x | XXX | 24.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Veralto Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Veralto Margins & Growth Rates
Veralto's revenue in the last 12 month grew by 6%.
Veralto's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Veralto's rule of 40 is 32% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Veralto's rule of X is 41% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Veralto Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 25% | XXX | 25% | XXX | XXX | XXX |
| EBITDA Growth | 7% | XXX | 7% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 32% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 41% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 32% | XXX | 32% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 5% | XXX | 5% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 37% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Veralto Public Comps
See public comps and valuation multiples for other Waste & Environmental Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Veolia | XXX | XXX | XXX | XXX | XXX | XXX |
| GFL Environmental | XXX | XXX | XXX | XXX | XXX | XXX |
| Clean Harbors | XXX | XXX | XXX | XXX | XXX | XXX |
| Zurn Elkay | XXX | XXX | XXX | XXX | XXX | XXX |
| GEM | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Veralto M&A Activity
Veralto acquired XXX companies to date.
Last acquisition by Veralto was on XXXXXXXX, XXXXX. Veralto acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Veralto
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialVeralto Investment Activity
Veralto invested in XXX companies to date.
Veralto made its latest investment on XXXXXXXX, XXXXX. Veralto invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Veralto
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Veralto
| When was Veralto founded? | Veralto was founded in 2022. |
| Where is Veralto headquartered? | Veralto is headquartered in United States. |
| How many employees does Veralto have? | As of today, Veralto has over 17K employees. |
| Who is the CEO of Veralto? | Veralto's CEO is Jennifer L. Honeycutt. |
| Is Veralto publicly listed? | Yes, Veralto is a public company listed on NYSE. |
| What is the stock symbol of Veralto? | Veralto trades under VLTO ticker. |
| When did Veralto go public? | Veralto went public in 2023. |
| Who are competitors of Veralto? | Veralto main competitors are Veolia, GFL Environmental, Clean Harbors, Zurn Elkay. |
| What is the current market cap of Veralto? | Veralto's current market cap is $24B. |
| What is the current revenue of Veralto? | Veralto's last 12 months revenue is $6B. |
| What is the current revenue growth of Veralto? | Veralto revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of Veralto? | Current revenue multiple of Veralto is 4.5x. |
| Is Veralto profitable? | Yes, Veralto is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Veralto? | Veralto's last 12 months EBITDA is $1B. |
| What is Veralto's EBITDA margin? | Veralto's last 12 months EBITDA margin is 25%. |
| What is the current EV/EBITDA multiple of Veralto? | Current EBITDA multiple of Veralto is 17.8x. |
| What is the current FCF of Veralto? | Veralto's last 12 months FCF is $1B. |
| What is Veralto's FCF margin? | Veralto's last 12 months FCF margin is 18%. |
| What is the current EV/FCF multiple of Veralto? | Current FCF multiple of Veralto is 24.6x. |
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