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Side-by-side financial comparison of Centuri Holdings, Inc. (CTRI) and Veralto (VLTO). Click either name above to swap in a different company.

Veralto is the larger business by last-quarter revenue ($1.4B vs $858.6M, roughly 1.7× Centuri Holdings, Inc.). Veralto runs the higher net margin — 17.9% vs 3.5%, a 14.3% gap on every dollar of revenue. On growth, Centuri Holdings, Inc. posted the faster year-over-year revenue change (19.7% vs 6.8%). Veralto produced more free cash flow last quarter ($170.0M vs $66.3M). Over the past eight quarters, Centuri Holdings, Inc.'s revenue compounded faster (27.5% CAGR vs 6.8%).

Centuri, formerly known as Allied Leisure, was an American arcade game manufacturer. They were based in Hialeah, Florida, and were one of the top six suppliers of coin-operated arcade video game machinery in the United States during the early 1980s. Centuri in its modern inception was formed when former Taito America president Ed Miller and his partner Bill Olliges took over Allied Leisure, Inc. They renamed it "Centuri" in 1980. The company's vice president was Joel Hochberg from about 1976 ...

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

CTRI vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.7× larger
VLTO
$1.4B
$858.6M
CTRI
Growing faster (revenue YoY)
CTRI
CTRI
+13.0% gap
CTRI
19.7%
6.8%
VLTO
Higher net margin
VLTO
VLTO
14.3% more per $
VLTO
17.9%
3.5%
CTRI
More free cash flow
VLTO
VLTO
$103.7M more FCF
VLTO
$170.0M
$66.3M
CTRI
Faster 2-yr revenue CAGR
CTRI
CTRI
Annualised
CTRI
27.5%
6.8%
VLTO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CTRI
CTRI
VLTO
VLTO
Revenue
$858.6M
$1.4B
Net Profit
$30.4M
$254.0M
Gross Margin
9.4%
60.1%
Operating Margin
4.3%
23.8%
Net Margin
3.5%
17.9%
Revenue YoY
19.7%
6.8%
Net Profit YoY
194.1%
12.9%
EPS (diluted)
$0.34
$1.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTRI
CTRI
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$858.6M
$1.4B
Q3 25
$850.0M
$1.4B
Q2 25
$724.1M
$1.3B
Q1 25
$550.1M
Q4 24
$717.1M
$1.3B
Q3 24
$720.1M
$1.3B
Q2 24
$672.1M
$1.3B
Net Profit
CTRI
CTRI
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$30.4M
$239.0M
Q3 25
$2.1M
$222.0M
Q2 25
$8.1M
$225.0M
Q1 25
$-17.9M
Q4 24
$10.3M
$227.0M
Q3 24
$-3.7M
$219.0M
Q2 24
$11.7M
$203.0M
Gross Margin
CTRI
CTRI
VLTO
VLTO
Q1 26
60.1%
Q4 25
9.4%
60.1%
Q3 25
9.2%
60.0%
Q2 25
9.4%
60.4%
Q1 25
3.7%
Q4 24
9.9%
59.6%
Q3 24
10.5%
59.6%
Q2 24
9.0%
60.1%
Operating Margin
CTRI
CTRI
VLTO
VLTO
Q1 26
23.8%
Q4 25
4.3%
23.2%
Q3 25
4.3%
22.8%
Q2 25
4.4%
24.2%
Q1 25
-2.3%
Q4 24
4.7%
22.9%
Q3 24
5.8%
23.4%
Q2 24
4.9%
23.2%
Net Margin
CTRI
CTRI
VLTO
VLTO
Q1 26
17.9%
Q4 25
3.5%
17.0%
Q3 25
0.2%
16.2%
Q2 25
1.1%
16.9%
Q1 25
-3.3%
Q4 24
1.4%
16.9%
Q3 24
-0.5%
16.7%
Q2 24
1.7%
15.8%
EPS (diluted)
CTRI
CTRI
VLTO
VLTO
Q1 26
$1.02
Q4 25
$0.34
$0.95
Q3 25
$0.02
$0.89
Q2 25
$0.09
$0.90
Q1 25
$-0.20
Q4 24
$0.17
$0.91
Q3 24
$-0.04
$0.88
Q2 24
$0.14
$0.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTRI
CTRI
VLTO
VLTO
Cash + ST InvestmentsLiquidity on hand
$126.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$873.0M
Total Assets
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTRI
CTRI
VLTO
VLTO
Q1 26
Q4 25
$126.6M
$1.8B
Q3 25
$16.1M
$1.6B
Q2 25
$28.3M
$1.2B
Q1 25
$15.3M
Q4 24
$49.0M
$1.1B
Q3 24
$52.5M
$1.3B
Q2 24
$30.9M
$1.0B
Total Debt
CTRI
CTRI
VLTO
VLTO
Q1 26
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.6B
Stockholders' Equity
CTRI
CTRI
VLTO
VLTO
Q1 26
Q4 25
$873.0M
$2.8B
Q3 25
$585.2M
$2.7B
Q2 25
$567.1M
$2.3B
Q1 25
$536.5M
Q4 24
$555.6M
$2.0B
Q3 24
$527.3M
$2.0B
Q2 24
$530.4M
$1.7B
Total Assets
CTRI
CTRI
VLTO
VLTO
Q1 26
Q4 25
$2.4B
$7.4B
Q3 25
$2.2B
$7.2B
Q2 25
$2.1B
$6.6B
Q1 25
$2.0B
Q4 24
$2.1B
$6.4B
Q3 24
$2.1B
$6.3B
Q2 24
$2.2B
$5.9B
Debt / Equity
CTRI
CTRI
VLTO
VLTO
Q1 26
Q4 25
0.94×
Q3 25
1.01×
Q2 25
1.14×
Q1 25
Q4 24
1.28×
Q3 24
1.35×
Q2 24
1.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTRI
CTRI
VLTO
VLTO
Operating Cash FlowLast quarter
$83.9M
$182.0M
Free Cash FlowOCF − Capex
$66.3M
$170.0M
FCF MarginFCF / Revenue
7.7%
12.0%
Capex IntensityCapex / Revenue
2.0%
0.8%
Cash ConversionOCF / Net Profit
2.76×
0.72×
TTM Free Cash FlowTrailing 4 quarters
$-8.2M
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTRI
CTRI
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$83.9M
$270.0M
Q3 25
$5.2M
$339.0M
Q2 25
$-27.7M
$157.0M
Q1 25
$16.7M
Q4 24
$61.0M
$285.0M
Q3 24
$180.2M
$224.0M
Q2 24
$-56.6M
$251.0M
Free Cash Flow
CTRI
CTRI
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$66.3M
$258.0M
Q3 25
$-18.4M
$323.0M
Q2 25
$-48.5M
$142.0M
Q1 25
$-7.7M
Q4 24
$27.8M
$263.0M
Q3 24
$160.7M
$215.0M
Q2 24
$-76.9M
$240.0M
FCF Margin
CTRI
CTRI
VLTO
VLTO
Q1 26
12.0%
Q4 25
7.7%
18.4%
Q3 25
-2.2%
23.6%
Q2 25
-6.7%
10.7%
Q1 25
-1.4%
Q4 24
3.9%
19.6%
Q3 24
22.3%
16.4%
Q2 24
-11.4%
18.6%
Capex Intensity
CTRI
CTRI
VLTO
VLTO
Q1 26
0.8%
Q4 25
2.0%
0.9%
Q3 25
2.8%
1.2%
Q2 25
2.9%
1.1%
Q1 25
4.4%
Q4 24
4.6%
1.6%
Q3 24
2.7%
0.7%
Q2 24
3.0%
0.9%
Cash Conversion
CTRI
CTRI
VLTO
VLTO
Q1 26
0.72×
Q4 25
2.76×
1.13×
Q3 25
2.48×
1.53×
Q2 25
-3.43×
0.70×
Q1 25
Q4 24
5.90×
1.26×
Q3 24
1.02×
Q2 24
-4.84×
1.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTRI
CTRI

Master Services Agreement$660.7M77%
Non Union Electric Segment$163.4M19%
Related Party$25.6M3%

VLTO
VLTO

Segment breakdown not available.

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