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Side-by-side financial comparison of Veralto (VLTO) and Vulcan Materials Company (VMC). Click either name above to swap in a different company.

Vulcan Materials Company is the larger business by last-quarter revenue ($1.9B vs $1.4B, roughly 1.3× Veralto). Veralto runs the higher net margin — 17.9% vs 13.2%, a 4.7% gap on every dollar of revenue. On growth, Veralto posted the faster year-over-year revenue change (6.8% vs -74.2%). Over the past eight quarters, Veralto's revenue compounded faster (6.8% CAGR vs -2.6%).

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.

Vulcan Materials Company is an American company based in Birmingham, Alabama. It is principally engaged in the production, distribution and sale of construction materials. Vulcan is the largest producer of construction materials, primarily gravel, crushed stone, and sand, and employs approximately 12,000 people at over 400 facilities. Vulcan serves 22 states, the District of Columbia, Mexico, Canada, Bahamas and the U.S. Virgin Islands.

VLTO vs VMC — Head-to-Head

Bigger by revenue
VMC
VMC
1.3× larger
VMC
$1.9B
$1.4B
VLTO
Growing faster (revenue YoY)
VLTO
VLTO
+81.0% gap
VLTO
6.8%
-74.2%
VMC
Higher net margin
VLTO
VLTO
4.7% more per $
VLTO
17.9%
13.2%
VMC
Faster 2-yr revenue CAGR
VLTO
VLTO
Annualised
VLTO
6.8%
-2.6%
VMC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
VLTO
VLTO
VMC
VMC
Revenue
$1.4B
$1.9B
Net Profit
$254.0M
$252.0M
Gross Margin
60.1%
25.5%
Operating Margin
23.8%
19.8%
Net Margin
17.9%
13.2%
Revenue YoY
6.8%
-74.2%
Net Profit YoY
12.9%
-72.4%
EPS (diluted)
$1.02
$1.70

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
VLTO
VLTO
VMC
VMC
Q1 26
$1.4B
$1.9B
Q4 25
$1.4B
$1.9B
Q3 25
$1.4B
$2.3B
Q2 25
$1.3B
$2.1B
Q1 25
$1.6B
Q4 24
$1.3B
$1.9B
Q3 24
$1.3B
$2.0B
Q2 24
$1.3B
$2.0B
Net Profit
VLTO
VLTO
VMC
VMC
Q1 26
$254.0M
$252.0M
Q4 25
$239.0M
$252.0M
Q3 25
$222.0M
$374.9M
Q2 25
$225.0M
$320.9M
Q1 25
$128.9M
Q4 24
$227.0M
$293.6M
Q3 24
$219.0M
$207.6M
Q2 24
$203.0M
$308.0M
Gross Margin
VLTO
VLTO
VMC
VMC
Q1 26
60.1%
25.5%
Q4 25
60.1%
25.5%
Q3 25
60.0%
30.4%
Q2 25
60.4%
29.7%
Q1 25
22.3%
Q4 24
59.6%
29.0%
Q3 24
59.6%
28.2%
Q2 24
60.1%
29.4%
Operating Margin
VLTO
VLTO
VMC
VMC
Q1 26
23.8%
19.8%
Q4 25
23.2%
19.8%
Q3 25
22.8%
23.7%
Q2 25
24.2%
22.4%
Q1 25
13.9%
Q4 24
22.9%
21.6%
Q3 24
23.4%
16.8%
Q2 24
23.2%
22.5%
Net Margin
VLTO
VLTO
VMC
VMC
Q1 26
17.9%
13.2%
Q4 25
17.0%
13.2%
Q3 25
16.2%
16.4%
Q2 25
16.9%
15.3%
Q1 25
7.9%
Q4 24
16.9%
15.8%
Q3 24
16.7%
10.4%
Q2 24
15.8%
15.3%
EPS (diluted)
VLTO
VLTO
VMC
VMC
Q1 26
$1.02
$1.70
Q4 25
$0.95
$1.90
Q3 25
$0.89
$2.82
Q2 25
$0.90
$2.42
Q1 25
$0.97
Q4 24
$0.91
$2.21
Q3 24
$0.88
$1.56
Q2 24
$0.81
$2.31

Balance Sheet & Financial Strength

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

Metric
VLTO
VLTO
VMC
VMC
Cash + ST InvestmentsLiquidity on hand
$183.3M
Total DebtLower is stronger
$4.4B
Stockholders' EquityBook value
$8.5B
Total Assets
$16.7B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VLTO
VLTO
VMC
VMC
Q1 26
$183.3M
Q4 25
$1.8B
$183.3M
Q3 25
$1.6B
$191.3M
Q2 25
$1.2B
$347.4M
Q1 25
$181.3M
Q4 24
$1.1B
$559.7M
Q3 24
$1.3B
$433.2M
Q2 24
$1.0B
$111.0M
Total Debt
VLTO
VLTO
VMC
VMC
Q1 26
$4.4B
Q4 25
$2.7B
$4.4B
Q3 25
$2.7B
$4.4B
Q2 25
$2.6B
$4.4B
Q1 25
$4.9B
Q4 24
$2.6B
$5.3B
Q3 24
$2.6B
$3.3B
Q2 24
$2.6B
$3.3B
Stockholders' Equity
VLTO
VLTO
VMC
VMC
Q1 26
$8.5B
Q4 25
$2.8B
$8.5B
Q3 25
$2.7B
$8.7B
Q2 25
$2.3B
$8.4B
Q1 25
$8.1B
Q4 24
$2.0B
$8.1B
Q3 24
$2.0B
$7.9B
Q2 24
$1.7B
$7.7B
Total Assets
VLTO
VLTO
VMC
VMC
Q1 26
$16.7B
Q4 25
$7.4B
$16.7B
Q3 25
$7.2B
$17.0B
Q2 25
$6.6B
$17.0B
Q1 25
$16.7B
Q4 24
$6.4B
$17.1B
Q3 24
$6.3B
$14.4B
Q2 24
$5.9B
$14.2B
Debt / Equity
VLTO
VLTO
VMC
VMC
Q1 26
0.51×
Q4 25
0.94×
0.51×
Q3 25
1.01×
0.50×
Q2 25
1.14×
0.52×
Q1 25
0.60×
Q4 24
1.28×
0.65×
Q3 24
1.35×
0.42×
Q2 24
1.57×
0.43×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
VLTO
VLTO
VMC
VMC
Operating Cash FlowLast quarter
$182.0M
$1.8B
Free Cash FlowOCF − Capex
$170.0M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.72×
7.19×
TTM Free Cash FlowTrailing 4 quarters
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VLTO
VLTO
VMC
VMC
Q1 26
$182.0M
$1.8B
Q4 25
$270.0M
$543.0M
Q3 25
$339.0M
$676.8M
Q2 25
$157.0M
$341.7M
Q1 25
$251.5M
Q4 24
$285.0M
$440.1M
Q3 24
$224.0M
$595.0M
Q2 24
$251.0M
$201.1M
Free Cash Flow
VLTO
VLTO
VMC
VMC
Q1 26
$170.0M
Q4 25
$258.0M
$358.2M
Q3 25
$323.0M
$454.8M
Q2 25
$142.0M
$238.8M
Q1 25
$83.5M
Q4 24
$263.0M
$277.6M
Q3 24
$215.0M
$498.2M
Q2 24
$240.0M
$9.7M
FCF Margin
VLTO
VLTO
VMC
VMC
Q1 26
12.0%
Q4 25
18.4%
18.7%
Q3 25
23.6%
19.8%
Q2 25
10.7%
11.4%
Q1 25
5.1%
Q4 24
19.6%
15.0%
Q3 24
16.4%
24.9%
Q2 24
18.6%
0.5%
Capex Intensity
VLTO
VLTO
VMC
VMC
Q1 26
0.8%
Q4 25
0.9%
9.7%
Q3 25
1.2%
9.7%
Q2 25
1.1%
4.9%
Q1 25
10.3%
Q4 24
1.6%
8.8%
Q3 24
0.7%
4.8%
Q2 24
0.9%
9.5%
Cash Conversion
VLTO
VLTO
VMC
VMC
Q1 26
0.72×
7.19×
Q4 25
1.13×
2.15×
Q3 25
1.53×
1.81×
Q2 25
0.70×
1.06×
Q1 25
1.95×
Q4 24
1.26×
1.50×
Q3 24
1.02×
2.87×
Q2 24
1.24×
0.65×

Financial Flow Comparison

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

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