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Side-by-side financial comparison of PACS Group, Inc. (PACS) 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 $1.4B, roughly 1.0× PACS Group, Inc.). Veralto runs the higher net margin — 17.9% vs 4.4%, a 13.5% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs 6.8%). Over the past eight quarters, PACS Group, Inc.'s revenue compounded faster (20.5% 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.
PACS vs VLTO — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.4B |
| Net Profit | $59.7M | $254.0M |
| Gross Margin | — | 60.1% |
| Operating Margin | 7.0% | 23.8% |
| Net Margin | 4.4% | 17.9% |
| Revenue YoY | 18.4% | 6.8% |
| Net Profit YoY | 3022.5% | 12.9% |
| EPS (diluted) | $0.42 | $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.
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.3B | $1.3B | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.0B | $1.3B | ||
| Q2 24 | $981.4M | $1.3B |
| Q1 26 | — | $254.0M | ||
| Q4 25 | $59.7M | $239.0M | ||
| Q3 25 | $52.4M | $222.0M | ||
| Q2 25 | $51.0M | $225.0M | ||
| Q1 25 | $28.5M | — | ||
| Q4 24 | $1.9M | $227.0M | ||
| Q3 24 | $15.6M | $219.0M | ||
| Q2 24 | $-10.9M | $203.0M |
| Q1 26 | — | 60.1% | ||
| Q4 25 | — | 60.1% | ||
| Q3 25 | — | 60.0% | ||
| Q2 25 | — | 60.4% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 59.6% | ||
| Q3 24 | 17.1% | 59.6% | ||
| Q2 24 | 22.3% | 60.1% |
| Q1 26 | — | 23.8% | ||
| Q4 25 | 7.0% | 23.2% | ||
| Q3 25 | 6.4% | 22.8% | ||
| Q2 25 | 6.2% | 24.2% | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 1.7% | 22.9% | ||
| Q3 24 | 2.2% | 23.4% | ||
| Q2 24 | 0.1% | 23.2% |
| Q1 26 | — | 17.9% | ||
| Q4 25 | 4.4% | 17.0% | ||
| Q3 25 | 3.9% | 16.2% | ||
| Q2 25 | 3.9% | 16.9% | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 0.2% | 16.9% | ||
| Q3 24 | 1.5% | 16.7% | ||
| Q2 24 | -1.1% | 15.8% |
| Q1 26 | — | $1.02 | ||
| Q4 25 | $0.42 | $0.95 | ||
| Q3 25 | $0.32 | $0.89 | ||
| Q2 25 | $0.31 | $0.90 | ||
| Q1 25 | $0.17 | — | ||
| Q4 24 | $-0.03 | $0.91 | ||
| Q3 24 | $0.10 | $0.88 | ||
| Q2 24 | $-0.07 | $0.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $197.0M | — |
| Total DebtLower is stronger | $353.2M | — |
| Stockholders' EquityBook value | $946.8M | — |
| Total Assets | $5.6B | — |
| Debt / EquityLower = less leverage | 0.37× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $197.0M | $1.8B | ||
| Q3 25 | $355.7M | $1.6B | ||
| Q2 25 | $294.2M | $1.2B | ||
| Q1 25 | $287.5M | — | ||
| Q4 24 | $157.7M | $1.1B | ||
| Q3 24 | $49.5M | $1.3B | ||
| Q2 24 | $73.4M | $1.0B |
| Q1 26 | — | — | ||
| Q4 25 | $353.2M | $2.7B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | — | ||
| Q4 24 | $411.9M | $2.6B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.6B |
| Q1 26 | — | — | ||
| Q4 25 | $946.8M | $2.8B | ||
| Q3 25 | $871.3M | $2.7B | ||
| Q2 25 | $806.8M | $2.3B | ||
| Q1 25 | $750.2M | — | ||
| Q4 24 | $709.6M | $2.0B | ||
| Q3 24 | $660.0M | $2.0B | ||
| Q2 24 | $572.1M | $1.7B |
| Q1 26 | — | — | ||
| Q4 25 | $5.6B | $7.4B | ||
| Q3 25 | $5.6B | $7.2B | ||
| Q2 25 | $5.5B | $6.6B | ||
| Q1 25 | $5.5B | — | ||
| Q4 24 | $5.2B | $6.4B | ||
| Q3 24 | $4.5B | $6.3B | ||
| Q2 24 | $3.9B | $5.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.37× | 0.94× | ||
| Q3 25 | — | 1.01× | ||
| Q2 25 | — | 1.14× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.58× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.4M | $182.0M |
| Free Cash FlowOCF − Capex | — | $170.0M |
| FCF MarginFCF / Revenue | — | 12.0% |
| Capex IntensityCapex / Revenue | — | 0.8% |
| Cash ConversionOCF / Net Profit | -0.06× | 0.72× |
| TTM Free Cash FlowTrailing 4 quarters | — | $893.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $182.0M | ||
| Q4 25 | $-3.4M | $270.0M | ||
| Q3 25 | $204.8M | $339.0M | ||
| Q2 25 | $52.6M | $157.0M | ||
| Q1 25 | $150.2M | — | ||
| Q4 24 | $64.6M | $285.0M | ||
| Q3 24 | $209.2M | $224.0M | ||
| Q2 24 | $34.8M | $251.0M |
| Q1 26 | — | $170.0M | ||
| Q4 25 | — | $258.0M | ||
| Q3 25 | — | $323.0M | ||
| Q2 25 | — | $142.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $263.0M | ||
| Q3 24 | — | $215.0M | ||
| Q2 24 | — | $240.0M |
| Q1 26 | — | 12.0% | ||
| Q4 25 | — | 18.4% | ||
| Q3 25 | — | 23.6% | ||
| Q2 25 | — | 10.7% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 18.6% |
| Q1 26 | — | 0.8% | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 0.9% |
| Q1 26 | — | 0.72× | ||
| Q4 25 | -0.06× | 1.13× | ||
| Q3 25 | 3.91× | 1.53× | ||
| Q2 25 | 1.03× | 0.70× | ||
| Q1 25 | 5.28× | — | ||
| Q4 24 | 33.78× | 1.26× | ||
| Q3 24 | 13.39× | 1.02× | ||
| Q2 24 | — | 1.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
