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Veralto（VLTO）与维谛技术（VRT）财务数据对比。点击上方公司名可切换其他公司
维谛技术的季度营收约是Veralto的1.9倍（$2.6B vs $1.4B），Veralto净利率更高（17.0% vs 14.7%，领先2.3%），维谛技术同比增速更快（30.1% vs 4.4%），维谛技术自由现金流更多（$652.8M vs $258.0M），过去两年维谛技术的营收复合增速更高（16.5% vs 5.8%）
Veralto是总部位于美国马萨诸塞州沃尔瑟姆的科技企业，核心业务覆盖水分析、水处理、标识喷码、包装及色彩管理相关产品的研发与生产，面向全球多领域客户提供适配的技术产品及配套服务。
维谛技术（Vertiv）是一家美国跨国企业，专注于为数据中心、通信网络、商业及工业场景提供关键基础设施及配套服务，旗下方案可有效保障各行业客户关键业务系统的稳定高效运行。
VLTO vs VRT — 直观对比
营收规模更大
VRT
是对方的1.9倍
$1.4B
营收增速更快
VRT
高出25.7%
4.4%
净利率更高
VLTO
高出2.3%
14.7%
自由现金流更多
VRT
多$394.8M
$258.0M
两年增速更快
VRT
近两年复合增速
5.8%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.6B |
| 净利润 | $239.0M | $390.1M |
| 毛利率 | 60.1% | 37.7% |
| 营业利润率 | 23.2% | — |
| 净利率 | 17.0% | 14.7% |
| 营收同比 | 4.4% | 30.1% |
| 净利润同比 | 5.3% | — |
| 每股收益（稀释后） | $0.95 | $0.99 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收VLTOVRT
| Q1 26 | — | $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 |
净利润VLTOVRT
| Q1 26 | — | $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 |
毛利率VLTOVRT
| Q1 26 | — | 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% |
营业利润率VLTOVRT
| Q1 26 | — | — | ||
| 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% |
净利率VLTOVRT
| Q1 26 | — | 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% |
每股收益（稀释后）VLTOVRT
| Q1 26 | — | $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 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.8B | $2.5B |
| 总债务越低越好 | $2.7B | $0 |
| 股东权益账面价值 | $2.8B | $4.2B |
| 总资产 | $7.4B | $13.4B |
| 负债/权益比越低杠杆越低 | 0.94× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资VLTOVRT
| 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 |
总债务VLTOVRT
| 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 |
股东权益VLTOVRT
| 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 |
总资产VLTOVRT
| 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 |
负债/权益比VLTOVRT
| 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× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $270.0M | — |
| 自由现金流经营现金流 - 资本支出 | $258.0M | $652.8M |
| 自由现金流率自由现金流/营收 | 18.4% | 24.6% |
| 资本支出强度资本支出/营收 | 0.9% | 4.2% |
| 现金转化率经营现金流/净利润 | 1.13× | — |
| 过去12个月自由现金流最近4个季度 | $986.0M | $2.3B |
8季度趋势，按日历期对齐
经营现金流VLTOVRT
| Q1 26 | — | — | ||
| 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 |
自由现金流VLTOVRT
| Q1 26 | — | $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 |
自由现金流率VLTOVRT
| Q1 26 | — | 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% |
资本支出强度VLTOVRT
| Q1 26 | — | 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% |
现金转化率VLTOVRT
| Q1 26 | — | — | ||
| 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× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
VLTO
| Product Quality And Innovation Segment | $548.0M | 39% |
| Revenuefrom Contractwith Customer Measurement Recurring | $521.0M | 37% |
| Revenuefrom Contractwith Customer Measurement Nonrecurring | $335.0M | 24% |
VRT
暂无分部数据
