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Side-by-side financial comparison of Veralto (VLTO) and Vertiv Holdings Co (VRT). Click either name above to swap in a different company.

Vertiv Holdings Co is the larger business by last-quarter revenue ($2.6B vs $1.4B, roughly 1.9× Veralto). Veralto runs the higher net margin — 17.9% vs 14.7%, a 3.1% gap on every dollar of revenue. On growth, Vertiv Holdings Co posted the faster year-over-year revenue change (30.1% vs 6.8%). Vertiv Holdings Co produced more free cash flow last quarter ($652.8M vs $170.0M). Over the past eight quarters, Vertiv Holdings Co's revenue compounded faster (16.5% 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.

Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.

VLTO vs VRT — Head-to-Head

Bigger by revenue
VRT
VRT
1.9× larger
VRT
$2.6B
$1.4B
VLTO
Growing faster (revenue YoY)
VRT
VRT
+23.4% gap
VRT
30.1%
6.8%
VLTO
Higher net margin
VLTO
VLTO
3.1% more per $
VLTO
17.9%
14.7%
VRT
More free cash flow
VRT
VRT
$482.8M more FCF
VRT
$652.8M
$170.0M
VLTO
Faster 2-yr revenue CAGR
VRT
VRT
Annualised
VRT
16.5%
6.8%
VLTO

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
VLTO
VLTO
VRT
VRT
Revenue
$1.4B
$2.6B
Net Profit
$254.0M
$390.1M
Gross Margin
60.1%
37.7%
Operating Margin
23.8%
Net Margin
17.9%
14.7%
Revenue YoY
6.8%
30.1%
Net Profit YoY
12.9%
137.1%
EPS (diluted)
$1.02
$0.99

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
VRT
VRT
Q1 26
$1.4B
$2.6B
Q4 25
$1.4B
$2.9B
Q3 25
$1.4B
$2.7B
Q2 25
$1.3B
$2.6B
Q1 25
$2.0B
Q4 24
$1.3B
$2.3B
Q3 24
$1.3B
$2.1B
Q2 24
$1.3B
$2.0B
Net Profit
VLTO
VLTO
VRT
VRT
Q1 26
$254.0M
$390.1M
Q4 25
$239.0M
$445.6M
Q3 25
$222.0M
$398.5M
Q2 25
$225.0M
$324.2M
Q1 25
$164.5M
Q4 24
$227.0M
$147.0M
Q3 24
$219.0M
$176.6M
Q2 24
$203.0M
$178.1M
Gross Margin
VLTO
VLTO
VRT
VRT
Q1 26
60.1%
37.7%
Q4 25
60.1%
38.9%
Q3 25
60.0%
37.8%
Q2 25
60.4%
34.0%
Q1 25
33.7%
Q4 24
59.6%
37.1%
Q3 24
59.6%
36.5%
Q2 24
60.1%
38.0%
Operating Margin
VLTO
VLTO
VRT
VRT
Q1 26
23.8%
Q4 25
23.2%
20.1%
Q3 25
22.8%
19.3%
Q2 25
24.2%
16.8%
Q1 25
14.3%
Q4 24
22.9%
19.5%
Q3 24
23.4%
17.9%
Q2 24
23.2%
17.2%
Net Margin
VLTO
VLTO
VRT
VRT
Q1 26
17.9%
14.7%
Q4 25
17.0%
15.5%
Q3 25
16.2%
14.9%
Q2 25
16.9%
12.3%
Q1 25
8.1%
Q4 24
16.9%
6.3%
Q3 24
16.7%
8.5%
Q2 24
15.8%
9.1%
EPS (diluted)
VLTO
VLTO
VRT
VRT
Q1 26
$1.02
$0.99
Q4 25
$0.95
$1.14
Q3 25
$0.89
$1.02
Q2 25
$0.90
$0.83
Q1 25
$0.42
Q4 24
$0.91
$0.38
Q3 24
$0.88
$0.46
Q2 24
$0.81
$0.46

Balance Sheet & Financial Strength

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

Metric
VLTO
VLTO
VRT
VRT
Cash + ST InvestmentsLiquidity on hand
$2.5B
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$4.2B
Total Assets
$13.4B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VLTO
VLTO
VRT
VRT
Q1 26
$2.5B
Q4 25
$1.8B
$1.7B
Q3 25
$1.6B
$1.4B
Q2 25
$1.2B
$1.6B
Q1 25
$1.5B
Q4 24
$1.1B
$1.2B
Q3 24
$1.3B
$908.7M
Q2 24
$1.0B
$579.7M
Total Debt
VLTO
VLTO
VRT
VRT
Q1 26
$0
Q4 25
$2.7B
$2.9B
Q3 25
$2.7B
$2.9B
Q2 25
$2.6B
$2.9B
Q1 25
$2.9B
Q4 24
$2.6B
$2.9B
Q3 24
$2.6B
$2.9B
Q2 24
$2.6B
$2.9B
Stockholders' Equity
VLTO
VLTO
VRT
VRT
Q1 26
$4.2B
Q4 25
$2.8B
$3.9B
Q3 25
$2.7B
$3.5B
Q2 25
$2.3B
$3.1B
Q1 25
$2.7B
Q4 24
$2.0B
$2.4B
Q3 24
$2.0B
$1.8B
Q2 24
$1.7B
$1.5B
Total Assets
VLTO
VLTO
VRT
VRT
Q1 26
$13.4B
Q4 25
$7.4B
$12.2B
Q3 25
$7.2B
$10.8B
Q2 25
$6.6B
$10.4B
Q1 25
$9.5B
Q4 24
$6.4B
$9.1B
Q3 24
$6.3B
$8.9B
Q2 24
$5.9B
$8.1B
Debt / Equity
VLTO
VLTO
VRT
VRT
Q1 26
0.00×
Q4 25
0.94×
0.74×
Q3 25
1.01×
0.83×
Q2 25
1.14×
0.93×
Q1 25
1.10×
Q4 24
1.28×
1.20×
Q3 24
1.35×
1.62×
Q2 24
1.57×
1.91×

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
VRT
VRT
Operating Cash FlowLast quarter
$182.0M
Free Cash FlowOCF − Capex
$170.0M
$652.8M
FCF MarginFCF / Revenue
12.0%
24.6%
Capex IntensityCapex / Revenue
0.8%
4.2%
Cash ConversionOCF / Net Profit
0.72×
TTM Free Cash FlowTrailing 4 quarters
$893.0M
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VLTO
VLTO
VRT
VRT
Q1 26
$182.0M
Q4 25
$270.0M
$978.9M
Q3 25
$339.0M
$508.7M
Q2 25
$157.0M
$322.9M
Q1 25
$303.3M
Q4 24
$285.0M
$425.2M
Q3 24
$224.0M
$378.2M
Q2 24
$251.0M
$378.4M
Free Cash Flow
VLTO
VLTO
VRT
VRT
Q1 26
$170.0M
$652.8M
Q4 25
$258.0M
$885.6M
Q3 25
$323.0M
$463.5M
Q2 25
$142.0M
$277.9M
Q1 25
$266.8M
Q4 24
$263.0M
$364.5M
Q3 24
$215.0M
$341.8M
Q2 24
$240.0M
$344.3M
FCF Margin
VLTO
VLTO
VRT
VRT
Q1 26
12.0%
24.6%
Q4 25
18.4%
30.8%
Q3 25
23.6%
17.3%
Q2 25
10.7%
10.5%
Q1 25
13.1%
Q4 24
19.6%
15.5%
Q3 24
16.4%
16.5%
Q2 24
18.6%
17.6%
Capex Intensity
VLTO
VLTO
VRT
VRT
Q1 26
0.8%
4.2%
Q4 25
0.9%
3.2%
Q3 25
1.2%
1.7%
Q2 25
1.1%
1.7%
Q1 25
1.8%
Q4 24
1.6%
2.6%
Q3 24
0.7%
1.8%
Q2 24
0.9%
1.7%
Cash Conversion
VLTO
VLTO
VRT
VRT
Q1 26
0.72×
Q4 25
1.13×
2.20×
Q3 25
1.53×
1.28×
Q2 25
0.70×
1.00×
Q1 25
1.84×
Q4 24
1.26×
2.89×
Q3 24
1.02×
2.14×
Q2 24
1.24×
2.12×

Financial Flow Comparison

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

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