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Side-by-side financial comparison of OLIN Corp (OLN) and Veralto (VLTO). Click either name above to swap in a different company.

OLIN Corp is the larger business by last-quarter revenue ($1.7B vs $1.4B, roughly 1.2× Veralto). Veralto runs the higher net margin — 17.9% vs -8.6%, a 26.5% gap on every dollar of revenue. On growth, Veralto posted the faster year-over-year revenue change (6.8% vs -0.4%). Over the past eight quarters, Veralto's revenue compounded faster (6.8% CAGR vs 0.9%).

Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Accidents at Olin chemical plants have exposed employees and nearby residents to health hazards.

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.

OLN vs VLTO — Head-to-Head

Bigger by revenue
OLN
OLN
1.2× larger
OLN
$1.7B
$1.4B
VLTO
Growing faster (revenue YoY)
VLTO
VLTO
+7.1% gap
VLTO
6.8%
-0.4%
OLN
Higher net margin
VLTO
VLTO
26.5% more per $
VLTO
17.9%
-8.6%
OLN
Faster 2-yr revenue CAGR
VLTO
VLTO
Annualised
VLTO
6.8%
0.9%
OLN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OLN
OLN
VLTO
VLTO
Revenue
$1.7B
$1.4B
Net Profit
$-143.2M
$254.0M
Gross Margin
1.9%
60.1%
Operating Margin
-9.4%
23.8%
Net Margin
-8.6%
17.9%
Revenue YoY
-0.4%
6.8%
Net Profit YoY
-1517.8%
12.9%
EPS (diluted)
$-1.25
$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
OLN
OLN
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$1.7B
$1.4B
Q3 25
$1.7B
$1.4B
Q2 25
$1.8B
$1.3B
Q1 25
$1.6B
Q4 24
$1.7B
$1.3B
Q3 24
$1.6B
$1.3B
Q2 24
$1.6B
$1.3B
Net Profit
OLN
OLN
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$-143.2M
$239.0M
Q3 25
$43.7M
$222.0M
Q2 25
$-2.8M
$225.0M
Q1 25
$1.2M
Q4 24
$10.1M
$227.0M
Q3 24
$-25.2M
$219.0M
Q2 24
$72.3M
$203.0M
Gross Margin
OLN
OLN
VLTO
VLTO
Q1 26
60.1%
Q4 25
1.9%
60.1%
Q3 25
10.7%
60.0%
Q2 25
7.9%
60.4%
Q1 25
9.0%
Q4 24
9.4%
59.6%
Q3 24
8.5%
59.6%
Q2 24
14.5%
60.1%
Operating Margin
OLN
OLN
VLTO
VLTO
Q1 26
23.8%
Q4 25
-9.4%
23.2%
Q3 25
4.8%
22.8%
Q2 25
2.0%
24.2%
Q1 25
2.7%
Q4 24
2.8%
22.9%
Q3 24
1.0%
23.4%
Q2 24
8.3%
23.2%
Net Margin
OLN
OLN
VLTO
VLTO
Q1 26
17.9%
Q4 25
-8.6%
17.0%
Q3 25
2.6%
16.2%
Q2 25
-0.2%
16.9%
Q1 25
0.1%
Q4 24
0.6%
16.9%
Q3 24
-1.6%
16.7%
Q2 24
4.4%
15.8%
EPS (diluted)
OLN
OLN
VLTO
VLTO
Q1 26
$1.02
Q4 25
$-1.25
$0.95
Q3 25
$0.37
$0.89
Q2 25
$-0.01
$0.90
Q1 25
$0.01
Q4 24
$0.10
$0.91
Q3 24
$-0.21
$0.88
Q2 24
$0.62
$0.81

Balance Sheet & Financial Strength

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

Metric
OLN
OLN
VLTO
VLTO
Cash + ST InvestmentsLiquidity on hand
$167.6M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$1.8B
Total Assets
$7.3B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLN
OLN
VLTO
VLTO
Q1 26
Q4 25
$167.6M
$1.8B
Q3 25
$1.6B
Q2 25
$1.2B
Q1 25
Q4 24
$175.6M
$1.1B
Q3 24
$1.3B
Q2 24
$1.0B
Total Debt
OLN
OLN
VLTO
VLTO
Q1 26
Q4 25
$2.8B
$2.7B
Q3 25
$3.0B
$2.7B
Q2 25
$3.0B
$2.6B
Q1 25
$3.0B
Q4 24
$2.7B
$2.6B
Q3 24
$2.8B
$2.6B
Q2 24
$2.8B
$2.6B
Stockholders' Equity
OLN
OLN
VLTO
VLTO
Q1 26
Q4 25
$1.8B
$2.8B
Q3 25
$2.0B
$2.7B
Q2 25
$2.0B
$2.3B
Q1 25
$2.0B
Q4 24
$2.0B
$2.0B
Q3 24
$2.1B
$2.0B
Q2 24
$2.1B
$1.7B
Total Assets
OLN
OLN
VLTO
VLTO
Q1 26
Q4 25
$7.3B
$7.4B
Q3 25
$7.6B
$7.2B
Q2 25
$7.7B
$6.6B
Q1 25
$7.7B
Q4 24
$7.6B
$6.4B
Q3 24
$7.5B
$6.3B
Q2 24
$7.7B
$5.9B
Debt / Equity
OLN
OLN
VLTO
VLTO
Q1 26
Q4 25
1.55×
0.94×
Q3 25
1.52×
1.01×
Q2 25
1.52×
1.14×
Q1 25
1.50×
Q4 24
1.34×
1.28×
Q3 24
1.34×
1.35×
Q2 24
1.31×
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
OLN
OLN
VLTO
VLTO
Operating Cash FlowLast quarter
$321.2M
$182.0M
Free Cash FlowOCF − Capex
$170.0M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
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
OLN
OLN
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$321.2M
$270.0M
Q3 25
$26.7M
$339.0M
Q2 25
$212.3M
$157.0M
Q1 25
$-86.0M
Q4 24
$141.7M
$285.0M
Q3 24
$189.9M
$224.0M
Q2 24
$90.6M
$251.0M
Free Cash Flow
OLN
OLN
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$258.0M
Q3 25
$-44.4M
$323.0M
Q2 25
$142.0M
Q1 25
$-147.4M
Q4 24
$90.7M
$263.0M
Q3 24
$146.6M
$215.0M
Q2 24
$34.1M
$240.0M
FCF Margin
OLN
OLN
VLTO
VLTO
Q1 26
12.0%
Q4 25
18.4%
Q3 25
-2.6%
23.6%
Q2 25
10.7%
Q1 25
-9.0%
Q4 24
5.4%
19.6%
Q3 24
9.2%
16.4%
Q2 24
2.1%
18.6%
Capex Intensity
OLN
OLN
VLTO
VLTO
Q1 26
0.8%
Q4 25
0.9%
Q3 25
4.2%
1.2%
Q2 25
1.1%
Q1 25
3.7%
Q4 24
3.1%
1.6%
Q3 24
2.7%
0.7%
Q2 24
3.4%
0.9%
Cash Conversion
OLN
OLN
VLTO
VLTO
Q1 26
0.72×
Q4 25
1.13×
Q3 25
0.61×
1.53×
Q2 25
0.70×
Q1 25
-71.67×
Q4 24
14.03×
1.26×
Q3 24
1.02×
Q2 24
1.25×
1.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OLN
OLN

Chlorinechlorinederivativesandothercoproducts$456.2M27%
Causticsoda$400.2M24%
Militaryandlawenforcement$304.6M18%
Epoxyresins$194.9M12%
Aromaticsandallylics$164.4M10%
Commercial$144.8M9%

VLTO
VLTO

Segment breakdown not available.

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