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Side-by-side financial comparison of Roper Technologies (ROP) and Veralto (VLTO). Click either name above to swap in a different company.

Roper Technologies is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.5× Veralto). Veralto runs the higher net margin — 17.9% vs 15.8%, a 2.1% gap on every dollar of revenue. On growth, Roper Technologies posted the faster year-over-year revenue change (11.3% vs 6.8%). Roper Technologies produced more free cash flow last quarter ($507.0M vs $170.0M). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% 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.

ROP vs VLTO — Head-to-Head

Bigger by revenue
ROP
ROP
1.5× larger
ROP
$2.1B
$1.4B
VLTO
Growing faster (revenue YoY)
ROP
ROP
+4.5% gap
ROP
11.3%
6.8%
VLTO
Higher net margin
VLTO
VLTO
2.1% more per $
VLTO
17.9%
15.8%
ROP
More free cash flow
ROP
ROP
$337.0M more FCF
ROP
$507.0M
$170.0M
VLTO
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
6.8%
VLTO

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ROP
ROP
VLTO
VLTO
Revenue
$2.1B
$1.4B
Net Profit
$331.0M
$254.0M
Gross Margin
69.4%
60.1%
Operating Margin
27.2%
23.8%
Net Margin
15.8%
17.9%
Revenue YoY
11.3%
6.8%
Net Profit YoY
842.6%
12.9%
EPS (diluted)
$4.87
$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
ROP
ROP
VLTO
VLTO
Q1 26
$2.1B
$1.4B
Q4 25
$2.1B
$1.4B
Q3 25
$2.0B
$1.4B
Q2 25
$1.9B
$1.3B
Q1 25
$1.9B
Q4 24
$1.9B
$1.3B
Q3 24
$1.8B
$1.3B
Q2 24
$1.7B
$1.3B
Net Profit
ROP
ROP
VLTO
VLTO
Q1 26
$331.0M
$254.0M
Q4 25
$428.4M
$239.0M
Q3 25
$398.5M
$222.0M
Q2 25
$378.3M
$225.0M
Q1 25
$331.1M
Q4 24
$462.3M
$227.0M
Q3 24
$367.9M
$219.0M
Q2 24
$337.1M
$203.0M
Gross Margin
ROP
ROP
VLTO
VLTO
Q1 26
69.4%
60.1%
Q4 25
69.5%
60.1%
Q3 25
69.5%
60.0%
Q2 25
69.2%
60.4%
Q1 25
68.7%
Q4 24
68.3%
59.6%
Q3 24
69.2%
59.6%
Q2 24
69.5%
60.1%
Operating Margin
ROP
ROP
VLTO
VLTO
Q1 26
27.2%
23.8%
Q4 25
28.6%
23.2%
Q3 25
28.4%
22.8%
Q2 25
28.2%
24.2%
Q1 25
27.9%
Q4 24
28.0%
22.9%
Q3 24
28.1%
23.4%
Q2 24
28.8%
23.2%
Net Margin
ROP
ROP
VLTO
VLTO
Q1 26
15.8%
17.9%
Q4 25
20.8%
17.0%
Q3 25
19.8%
16.2%
Q2 25
19.5%
16.9%
Q1 25
17.6%
Q4 24
24.6%
16.9%
Q3 24
20.8%
16.7%
Q2 24
19.6%
15.8%
EPS (diluted)
ROP
ROP
VLTO
VLTO
Q1 26
$4.87
$1.02
Q4 25
$3.97
$0.95
Q3 25
$3.68
$0.89
Q2 25
$3.49
$0.90
Q1 25
$3.06
Q4 24
$4.29
$0.91
Q3 24
$3.40
$0.88
Q2 24
$3.12
$0.81

Balance Sheet & Financial Strength

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

Metric
ROP
ROP
VLTO
VLTO
Cash + ST InvestmentsLiquidity on hand
$382.9M
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$18.8B
Total Assets
$34.6B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ROP
ROP
VLTO
VLTO
Q1 26
$382.9M
Q4 25
$297.4M
$1.8B
Q3 25
$320.0M
$1.6B
Q2 25
$242.4M
$1.2B
Q1 25
$372.8M
Q4 24
$188.2M
$1.1B
Q3 24
$269.6M
$1.3B
Q2 24
$251.5M
$1.0B
Total Debt
ROP
ROP
VLTO
VLTO
Q1 26
$9.7B
Q4 25
$9.3B
$2.7B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
Q4 24
$7.6B
$2.6B
Q3 24
$2.6B
Q2 24
$2.6B
Stockholders' Equity
ROP
ROP
VLTO
VLTO
Q1 26
$18.8B
Q4 25
$19.9B
$2.8B
Q3 25
$20.0B
$2.7B
Q2 25
$19.6B
$2.3B
Q1 25
$19.2B
Q4 24
$18.9B
$2.0B
Q3 24
$18.5B
$2.0B
Q2 24
$18.1B
$1.7B
Total Assets
ROP
ROP
VLTO
VLTO
Q1 26
$34.6B
Q4 25
$34.6B
$7.4B
Q3 25
$34.6B
$7.2B
Q2 25
$33.2B
$6.6B
Q1 25
$31.4B
Q4 24
$31.3B
$6.4B
Q3 24
$31.6B
$6.3B
Q2 24
$29.8B
$5.9B
Debt / Equity
ROP
ROP
VLTO
VLTO
Q1 26
0.52×
Q4 25
0.47×
0.94×
Q3 25
1.01×
Q2 25
1.14×
Q1 25
Q4 24
0.40×
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
ROP
ROP
VLTO
VLTO
Operating Cash FlowLast quarter
$182.0M
Free Cash FlowOCF − Capex
$507.0M
$170.0M
FCF MarginFCF / Revenue
24.2%
12.0%
Capex IntensityCapex / Revenue
0.5%
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
ROP
ROP
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$738.0M
$270.0M
Q3 25
$869.5M
$339.0M
Q2 25
$404.1M
$157.0M
Q1 25
$528.7M
Q4 24
$722.2M
$285.0M
Q3 24
$755.4M
$224.0M
Q2 24
$384.1M
$251.0M
Free Cash Flow
ROP
ROP
VLTO
VLTO
Q1 26
$507.0M
$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
FCF Margin
ROP
ROP
VLTO
VLTO
Q1 26
24.2%
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%
Capex Intensity
ROP
ROP
VLTO
VLTO
Q1 26
0.5%
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%
Cash Conversion
ROP
ROP
VLTO
VLTO
Q1 26
0.72×
Q4 25
1.72×
1.13×
Q3 25
2.18×
1.53×
Q2 25
1.07×
0.70×
Q1 25
1.60×
Q4 24
1.56×
1.26×
Q3 24
2.05×
1.02×
Q2 24
1.14×
1.24×

Financial Flow Comparison

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

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