Veralto Past Earnings Performance
Past criteria checks 2/6
Veralto has been growing earnings at an average annual rate of 2.9%, while the Commercial Services industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 2.4% per year. Veralto's return on equity is 53.6%, and it has net margins of 15.8%.
Key information
2.9%
Earnings growth rate
-6.0%
EPS growth rate
| Commercial Services Industry Growth | 8.5% |
| Revenue growth rate | 2.4% |
| Return on equity | 53.6% |
| Net Margin | 15.8% |
| Last Earnings Update | 29 Mar 2024 |
Recent past performance updates
Recent updates
Veralto (NYSE:VLTO) Seems To Use Debt Quite Sensibly
Apr 18
Veralto: A Solid Start Since The Spin-Off
Apr 09Some Confidence Is Lacking In Veralto Corporation's (NYSE:VLTO) P/S
Jan 26Veralto: Some Useful Qualities, But Not Compelling Enough At These Levels
Jan 11Veralto: A Soft Receipt For This Spinoff
Oct 26Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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 (15.8%) are lower than last year (18.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VLTO's earnings have grown by 2.9% 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 (-10.2%) over the past year, making it difficult to compare to the Commercial Services industry average (-1.4%).
Return on Equity
High ROE: Whilst VLTO's Return on Equity (53.63%) is outstanding, this metric is skewed due to their high level of debt.