Veralto Past Earnings Performance
Past criteria checks 2/6
Veralto has been growing earnings at an average annual rate of 1.1%, while the Commercial Services industry saw earnings growing at 24.4% annually. Revenues have been growing at an average rate of 3.1% per year. Veralto's return on equity is 41.1%, and it has net margins of 15.7%.
Key information
1.1%
Earnings growth rate
-3.0%
EPS growth rate
| Commercial Services Industry Growth | 12.2% |
| Revenue growth rate | 3.1% |
| Return on equity | 41.1% |
| Net Margin | 15.7% |
| Last Earnings Update | 27 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Veralto makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 27 Sep 24 | 5,136 | 806 | 1,624 | 241 |
| 28 Jun 24 | 5,077 | 792 | 1,600 | 233 |
| 29 Mar 24 | 5,042 | 798 | 1,557 | 229 |
| 31 Dec 23 | 5,021 | 839 | 1,523 | 225 |
| 29 Sep 23 | 4,981 | 855 | 1,484 | 221 |
| 30 Jun 23 | 4,945 | 868 | 1,452 | 218 |
| 31 Mar 23 | 4,923 | 890 | 1,421 | 216 |
| 31 Dec 22 | 4,870 | 845 | 1,421 | 217 |
| 31 Dec 21 | 4,700 | 861 | 1,430 | 244 |
| 31 Dec 20 | 4,348 | 724 | 1,324 | 219 |
Quality Earnings: VLTO * has high quality earnings.
Growing Profit Margin: VLTO *'s current net profit margins (15.7%) are lower than last year (17.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VLTO *'s earnings have grown by 1.1% per year over the past 5 years.
Accelerating Growth: VLTO *'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VLTO * had negative earnings growth (-5.8%) over the past year, making it difficult to compare to the Commercial Services industry average (3.5%).
Return on Equity
High ROE: Whilst VLTO *'s Return on Equity (41.12%) is outstanding, this metric is skewed due to their high level of debt.