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Side-by-side financial comparison of SIGNET JEWELERS LTD (SIG) 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× SIGNET JEWELERS LTD). Veralto runs the higher net margin — 17.9% vs 1.4%, a 16.4% gap on every dollar of revenue. On growth, Veralto posted the faster year-over-year revenue change (6.8% vs 3.1%). Veralto produced more free cash flow last quarter ($170.0M vs $-1.5M). Over the past eight quarters, Veralto's revenue compounded faster (6.8% CAGR vs -25.4%).

Signet Jewelers Ltd. is, as of 2015, the world's largest retailer of diamond jewellery. The company is domiciled in Bermuda and headquartered in Akron, Ohio through the Fairlawn suburb, and is listed on the New York Stock Exchange. The group operates in the middle-market jewellery segment and holds number one positions in the US, Canada, and UK speciality jewellery markets. Certain brands operate in the upper middle market. Signet Jewelers owns and operates the companies Blue Nile, Zales, Kay...

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.

SIG vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.0× larger
VLTO
$1.4B
$1.4B
SIG
Growing faster (revenue YoY)
VLTO
VLTO
+3.6% gap
VLTO
6.8%
3.1%
SIG
Higher net margin
VLTO
VLTO
16.4% more per $
VLTO
17.9%
1.4%
SIG
More free cash flow
VLTO
VLTO
$171.5M more FCF
VLTO
$170.0M
$-1.5M
SIG
Faster 2-yr revenue CAGR
VLTO
VLTO
Annualised
VLTO
6.8%
-25.4%
SIG

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
SIG
SIG
VLTO
VLTO
Revenue
$1.4B
$1.4B
Net Profit
$20.0M
$254.0M
Gross Margin
37.3%
60.1%
Operating Margin
1.7%
23.8%
Net Margin
1.4%
17.9%
Revenue YoY
3.1%
6.8%
Net Profit YoY
185.7%
12.9%
EPS (diluted)
$0.49
$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
SIG
SIG
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$1.4B
$1.4B
Q3 25
$1.5B
$1.4B
Q2 25
$1.5B
$1.3B
Q1 25
$2.4B
Q4 24
$1.3B
$1.3B
Q3 24
$1.5B
$1.3B
Q2 24
$1.5B
$1.3B
Net Profit
SIG
SIG
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$20.0M
$239.0M
Q3 25
$-9.1M
$222.0M
Q2 25
$33.5M
$225.0M
Q1 25
$100.6M
Q4 24
$7.0M
$227.0M
Q3 24
$-98.5M
$219.0M
Q2 24
$52.1M
$203.0M
Gross Margin
SIG
SIG
VLTO
VLTO
Q1 26
60.1%
Q4 25
37.3%
60.1%
Q3 25
38.6%
60.0%
Q2 25
38.8%
60.4%
Q1 25
42.6%
Q4 24
36.0%
59.6%
Q3 24
38.0%
59.6%
Q2 24
37.9%
60.1%
Operating Margin
SIG
SIG
VLTO
VLTO
Q1 26
23.8%
Q4 25
1.7%
23.2%
Q3 25
0.2%
22.8%
Q2 25
3.1%
24.2%
Q1 25
6.5%
Q4 24
0.7%
22.9%
Q3 24
-6.8%
23.4%
Q2 24
3.3%
23.2%
Net Margin
SIG
SIG
VLTO
VLTO
Q1 26
17.9%
Q4 25
1.4%
17.0%
Q3 25
-0.6%
16.2%
Q2 25
2.2%
16.9%
Q1 25
4.3%
Q4 24
0.5%
16.9%
Q3 24
-6.6%
16.7%
Q2 24
3.4%
15.8%
EPS (diluted)
SIG
SIG
VLTO
VLTO
Q1 26
$1.02
Q4 25
$0.49
$0.95
Q3 25
$-0.22
$0.89
Q2 25
$0.78
$0.90
Q1 25
$2.25
Q4 24
$0.12
$0.91
Q3 24
$-2.28
$0.88
Q2 24
$-0.90
$0.81

Balance Sheet & Financial Strength

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

Metric
SIG
SIG
VLTO
VLTO
Cash + ST InvestmentsLiquidity on hand
$234.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
Total Assets
$5.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SIG
SIG
VLTO
VLTO
Q1 26
Q4 25
$234.7M
$1.8B
Q3 25
$281.4M
$1.6B
Q2 25
$264.1M
$1.2B
Q1 25
$604.0M
Q4 24
$157.7M
$1.1B
Q3 24
$403.1M
$1.3B
Q2 24
$729.3M
$1.0B
Total Debt
SIG
SIG
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
SIG
SIG
VLTO
VLTO
Q1 26
Q4 25
$1.7B
$2.8B
Q3 25
$1.7B
$2.7B
Q2 25
$1.8B
$2.3B
Q1 25
$1.9B
Q4 24
$1.8B
$2.0B
Q3 24
$1.9B
$2.0B
Q2 24
$2.1B
$1.7B
Total Assets
SIG
SIG
VLTO
VLTO
Q1 26
Q4 25
$5.4B
$7.4B
Q3 25
$5.3B
$7.2B
Q2 25
$5.5B
$6.6B
Q1 25
$5.7B
Q4 24
$5.7B
$6.4B
Q3 24
$5.6B
$6.3B
Q2 24
$6.2B
$5.9B
Debt / Equity
SIG
SIG
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
SIG
SIG
VLTO
VLTO
Operating Cash FlowLast quarter
$31.0M
$182.0M
Free Cash FlowOCF − Capex
$-1.5M
$170.0M
FCF MarginFCF / Revenue
-0.1%
12.0%
Capex IntensityCapex / Revenue
2.3%
0.8%
Cash ConversionOCF / Net Profit
1.55×
0.72×
TTM Free Cash FlowTrailing 4 quarters
$591.0M
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SIG
SIG
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$31.0M
$270.0M
Q3 25
$86.3M
$339.0M
Q2 25
$-175.3M
$157.0M
Q1 25
$780.7M
Q4 24
$-75.4M
$285.0M
Q3 24
$43.8M
$224.0M
Q2 24
$-158.2M
$251.0M
Free Cash Flow
SIG
SIG
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$-1.5M
$258.0M
Q3 25
$62.3M
$323.0M
Q2 25
$-211.9M
$142.0M
Q1 25
$742.1M
Q4 24
$-138.5M
$263.0M
Q3 24
$15.8M
$215.0M
Q2 24
$-181.5M
$240.0M
FCF Margin
SIG
SIG
VLTO
VLTO
Q1 26
12.0%
Q4 25
-0.1%
18.4%
Q3 25
4.1%
23.6%
Q2 25
-13.7%
10.7%
Q1 25
31.5%
Q4 24
-10.3%
19.6%
Q3 24
1.1%
16.4%
Q2 24
-12.0%
18.6%
Capex Intensity
SIG
SIG
VLTO
VLTO
Q1 26
0.8%
Q4 25
2.3%
0.9%
Q3 25
1.6%
1.2%
Q2 25
2.4%
1.1%
Q1 25
1.6%
Q4 24
4.7%
1.6%
Q3 24
1.9%
0.7%
Q2 24
1.5%
0.9%
Cash Conversion
SIG
SIG
VLTO
VLTO
Q1 26
0.72×
Q4 25
1.55×
1.13×
Q3 25
1.53×
Q2 25
-5.23×
0.70×
Q1 25
7.76×
Q4 24
-10.77×
1.26×
Q3 24
1.02×
Q2 24
-3.04×
1.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SIG
SIG

Other$571.9M41%
Zale Jewelry$243.4M17%
Extended Service Plan$129.6M9%
Diamonds Direct$87.9M6%
Blue Nile$74.3M5%
Extended Service Plan And Other Deferred Revenue$69.9M5%
Banter By Piercing Pagoda$69.2M5%
Watches$48.7M3%
Peoples$42.2M3%
James Allen$27.8M2%

VLTO
VLTO

Segment breakdown not available.

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