vs

Side-by-side financial comparison of Magnera Corp (MAGN) 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 $792.0M, roughly 1.8× Magnera Corp). Veralto runs the higher net margin — 17.9% vs -4.3%, a 22.2% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs 6.8%). Veralto produced more free cash flow last quarter ($170.0M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 6.8%).

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.

MAGN vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.8× larger
VLTO
$1.4B
$792.0M
MAGN
Growing faster (revenue YoY)
MAGN
MAGN
+6.1% gap
MAGN
12.8%
6.8%
VLTO
Higher net margin
VLTO
VLTO
22.2% more per $
VLTO
17.9%
-4.3%
MAGN
More free cash flow
VLTO
VLTO
$183.0M more FCF
VLTO
$170.0M
$-13.0M
MAGN
Faster 2-yr revenue CAGR
MAGN
MAGN
Annualised
MAGN
54.9%
6.8%
VLTO

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MAGN
MAGN
VLTO
VLTO
Revenue
$792.0M
$1.4B
Net Profit
$-34.0M
$254.0M
Gross Margin
12.2%
60.1%
Operating Margin
1.8%
23.8%
Net Margin
-4.3%
17.9%
Revenue YoY
12.8%
6.8%
Net Profit YoY
43.3%
12.9%
EPS (diluted)
$-0.95
$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
MAGN
MAGN
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$792.0M
$1.4B
Q3 25
$1.4B
Q2 25
$839.0M
$1.3B
Q1 25
$824.0M
Q4 24
$702.0M
$1.3B
Q3 24
$332.1M
$1.3B
Q2 24
$556.0M
$1.3B
Net Profit
MAGN
MAGN
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$-34.0M
$239.0M
Q3 25
$222.0M
Q2 25
$-18.0M
$225.0M
Q1 25
$-41.0M
Q4 24
$-60.0M
$227.0M
Q3 24
$-15.2M
$219.0M
Q2 24
$19.0M
$203.0M
Gross Margin
MAGN
MAGN
VLTO
VLTO
Q1 26
60.1%
Q4 25
12.2%
60.1%
Q3 25
60.0%
Q2 25
10.7%
60.4%
Q1 25
10.7%
Q4 24
10.1%
59.6%
Q3 24
10.7%
59.6%
Q2 24
6.6%
60.1%
Operating Margin
MAGN
MAGN
VLTO
VLTO
Q1 26
23.8%
Q4 25
1.8%
23.2%
Q3 25
22.8%
Q2 25
1.5%
24.2%
Q1 25
0.5%
Q4 24
-3.1%
22.9%
Q3 24
0.9%
23.4%
Q2 24
3.1%
23.2%
Net Margin
MAGN
MAGN
VLTO
VLTO
Q1 26
17.9%
Q4 25
-4.3%
17.0%
Q3 25
16.2%
Q2 25
-2.1%
16.9%
Q1 25
-5.0%
Q4 24
-8.5%
16.9%
Q3 24
-4.6%
16.7%
Q2 24
3.4%
15.8%
EPS (diluted)
MAGN
MAGN
VLTO
VLTO
Q1 26
$1.02
Q4 25
$-0.95
$0.95
Q3 25
$0.89
Q2 25
$-0.51
$0.90
Q1 25
$-1.15
Q4 24
$-1.69
$0.91
Q3 24
$-0.33
$0.88
Q2 24
$0.60
$0.81

Balance Sheet & Financial Strength

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

Metric
MAGN
MAGN
VLTO
VLTO
Cash + ST InvestmentsLiquidity on hand
$264.0M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$1.0B
Total Assets
$3.9B
Debt / EquityLower = less leverage
1.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAGN
MAGN
VLTO
VLTO
Q1 26
Q4 25
$264.0M
$1.8B
Q3 25
$1.6B
Q2 25
$276.0M
$1.2B
Q1 25
$282.0M
Q4 24
$215.0M
$1.1B
Q3 24
$230.0M
$1.3B
Q2 24
$33.9M
$1.0B
Total Debt
MAGN
MAGN
VLTO
VLTO
Q1 26
Q4 25
$1.9B
$2.7B
Q3 25
$2.7B
Q2 25
$2.0B
$2.6B
Q1 25
$2.0B
Q4 24
$2.0B
$2.6B
Q3 24
$2.0B
$2.6B
Q2 24
$877.4M
$2.6B
Stockholders' Equity
MAGN
MAGN
VLTO
VLTO
Q1 26
Q4 25
$1.0B
$2.8B
Q3 25
$2.7B
Q2 25
$1.1B
$2.3B
Q1 25
$1.1B
Q4 24
$1.1B
$2.0B
Q3 24
$2.1B
$2.0B
Q2 24
$2.4B
$1.7B
Total Assets
MAGN
MAGN
VLTO
VLTO
Q1 26
Q4 25
$3.9B
$7.4B
Q3 25
$7.2B
Q2 25
$4.1B
$6.6B
Q1 25
$4.1B
Q4 24
$4.0B
$6.4B
Q3 24
$2.8B
$6.3B
Q2 24
$1.5B
$5.9B
Debt / Equity
MAGN
MAGN
VLTO
VLTO
Q1 26
Q4 25
1.86×
0.94×
Q3 25
1.01×
Q2 25
1.77×
1.14×
Q1 25
1.83×
Q4 24
1.80×
1.28×
Q3 24
0.91×
1.35×
Q2 24
0.37×
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
MAGN
MAGN
VLTO
VLTO
Operating Cash FlowLast quarter
$2.0M
$182.0M
Free Cash FlowOCF − Capex
$-13.0M
$170.0M
FCF MarginFCF / Revenue
-1.6%
12.0%
Capex IntensityCapex / Revenue
1.9%
0.8%
Cash ConversionOCF / Net Profit
0.72×
TTM Free Cash FlowTrailing 4 quarters
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAGN
MAGN
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$2.0M
$270.0M
Q3 25
$339.0M
Q2 25
$0
$157.0M
Q1 25
$65.0M
Q4 24
$-58.0M
$285.0M
Q3 24
$12.2M
$224.0M
Q2 24
$38.0M
$251.0M
Free Cash Flow
MAGN
MAGN
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$-13.0M
$258.0M
Q3 25
$323.0M
Q2 25
$142.0M
Q1 25
$42.0M
Q4 24
$-74.0M
$263.0M
Q3 24
$3.6M
$215.0M
Q2 24
$23.0M
$240.0M
FCF Margin
MAGN
MAGN
VLTO
VLTO
Q1 26
12.0%
Q4 25
-1.6%
18.4%
Q3 25
23.6%
Q2 25
10.7%
Q1 25
5.1%
Q4 24
-10.5%
19.6%
Q3 24
1.1%
16.4%
Q2 24
4.1%
18.6%
Capex Intensity
MAGN
MAGN
VLTO
VLTO
Q1 26
0.8%
Q4 25
1.9%
0.9%
Q3 25
1.2%
Q2 25
1.5%
1.1%
Q1 25
2.8%
Q4 24
2.3%
1.6%
Q3 24
2.6%
0.7%
Q2 24
2.7%
0.9%
Cash Conversion
MAGN
MAGN
VLTO
VLTO
Q1 26
0.72×
Q4 25
1.13×
Q3 25
1.53×
Q2 25
0.70×
Q1 25
Q4 24
1.26×
Q3 24
1.02×
Q2 24
2.00×
1.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAGN
MAGN

Other$451.0M57%
United States And Canada$341.0M43%

VLTO
VLTO

Segment breakdown not available.

Related Comparisons