AIRJ vs NWPX vs VLTO Stock Comparison

AirJoule Technologies, NWPX Infrastructure and Veralto Prices as of Nov 3, 2026 Peers: Industry group
VLTO Veralto Corp
$116.33 +22.9% 1M +17.6% 1Y
Market cap
$28.53B
P/E
28.5x
Revenue (TTM)
$5.80B
Div. yield
–
Water Treatment Industrials
4 wins

Head to Head

10 decided of 12

NWPX Infrastructure leads on 6 of the 12 questions below (NWPX Infrastructure 6, Veralto 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAIRJNWPXVLTOLeader
Larger companyMarket capitalisation $166.67M $891.53M $28.53B VLTO
Cheaper on earningsLower P/E, profitable companies only -2.0x 16.7x 28.5x NWPX
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 18.5x 25.6x NWPX
Faster revenue growthRevenue growth, trailing twelve months — +15.9% +6.4% NWPX
More profitableNet margin, trailing twelve months — 8.9% 17.3% VLTO
Better return on capitalReturn on invested capital — 12.5% 17.1% VLTO
Less leveragedLower net debt / EBITDA — 0.2x 0.8x NWPX
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -52.4% +50.6% +17.6% NWPX
Better 5-year returnAnnualised price return, 5 years — +31.3%/yr — –
Less volatileAnnualised volatility, 1 year 85.7% 39.2% 24.4% VLTO
Higher overall scoreMean of the five percentile scores vs peers 47/100 79/100 74/100 NWPX

Percentile Scorecard

AIRJNWPXVLTO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAIRJNWPXVLTO
Valuation 58 #9 of 20 100 #1 of 20 74 #6 of 20
Growth 12 #16 of 18 94 #2 of 18 71 #6 of 18
Profitability 44 #10 of 17 75 #5 of 17 100 #1 of 17
Financial Health 95 #2 of 21 70 #7 of 21 55 #10 of 21
Shareholder Returns 27 #9 of 12 55 #6 of 12 73 #4 of 12
Overall 47 79 74
  • AIRJ ranked among 21 companies in Environmental Equipment
  • NWPX ranked among 21 companies in Environmental Equipment
  • VLTO ranked among 21 companies in Environmental Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAIRJNWPXVLTOSPY
1 month -36.7%-9.3%+22.9% -2.0%
3 months -57.5%-24.2%+20.6% -2.2%
6 months -19.5%-13.7%+32.0% +4.2%
Year to date -37.1%+53.9%+16.6% +10.6%
1 year -52.4%+50.6%+17.6% +10.4%
3 years -76.8%+237.7%+64.3% +73.6%
3 years, per year -38.5%+50.1%+18.0% +20.2%
5 years —+290.0%— +61.6%
5 years, per year —+31.3%— +10.1%
10 years —+559.7%— +261.3%
10 years, per year —+20.8%— +13.7%

Risk

MeasureAIRJNWPXVLTOSPY
Volatility, 1Y 85.7%39.2%24.4% 12.8%
Downside volatility, 1Y 76.2%34.4%21.9% 12.8%
Beta vs S&P 500, 1Y 2.641.270.15 1.00
Return / volatility, 1Y -0.611.290.72 0.81
Max drawdown, 5Y -91.5%-35.9%-27.6% -25.4%
From 52-week high -61.3%-35.9%0.0% -3.2%
52-week high $6.40$149.94$116.33 $779.14
52-week low $2.48$53.85$82.23 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAIRJNWPXVLTO
P/E now vs peer median -2.0xmedian 28.3x 17.3xmedian 28.3x 28.3xmedian 28.3x
P/S now vs peer median —median 2.5x 1.5xmedian 2.5x 4.9xmedian 2.5x
EV/EBITDA now vs peer median -10.1xmedian 21.1x 10.2xmedian 21.1x 21.5xmedian 21.1x
P/FCF now vs peer median -25.1xmedian 24.9x 10.7xmedian 24.9x 25.9xmedian 24.9x
P/B now vs peer median 0.7xmedian 2.1x 2.1xmedian 2.1x 8.8xmedian 2.1x
PEG now vs peer median 0.01median 1.75 0.53median 1.75 5.08median 1.75

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAIRJNWPXVLTO
Revenue – $602.76M $5.80B
Gross profit – $125.97M $3.49B
Operating income -$13.96M $71.15M $1.27B
Net income -$84.79M $53.48M $1.00B
Free cash flow -$7.26M $86.83M $1.09B
R&D $607.33K – $278.00M
EPS (diluted) $-1.22 $5.45 $4.08
Cash & equivalents $41.42M $6.06M $1.79B
Total debt – $21.50M $2.92B
Shares (diluted) 69.74M 9.81M 245.30M
Enterprise value $46.29M $849.62M $21.16B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAIRJNWPXVLTO
P/E -2.0x 17.3x 28.3x
P/FCF -25.1x 10.7x 25.9x
P/Operating cash flow -25.2x 8.7x 24.5x
P/S – 1.5x 4.9x
P/B 0.7x 2.1x 8.8x
P/Tangible book -0.7x 2.3x 11.7x
EV/EBITDA -10.1x 10.2x 21.5x
EV/EBIT -10.1x 13.2x 23.2x
EV/Revenue – 1.6x 5.1x
EV/FCF -19.4x 10.8x 26.9x
EV/Operating cash flow -19.4x 8.8x 25.5x
PEG (3Y EPS CAGR) 0.01 0.53 5.08

Growth

14 metrics
MetricAIRJNWPXVLTO
Revenue growth (1Y) – 15.9% 6.4%
Revenue CAGR (3Y) – 11.0% 5.2%
Gross profit growth (1Y) – 26.8% 6.7%
Gross profit CAGR (3Y) – 16.2% 6.8%
Operating income growth (1Y) -11.3% 47.2% -0.2%
Operating income CAGR (3Y) -46.4% 25.2% 3.3%
Net income growth (1Y) -322.5% 46.0% 9.7%
Net income CAGR (3Y) -288.6% 31.4% 5.4%
EPS growth (1Y) -292.0% 46.1% 12.1%
EPS CAGR (3Y) -176.6% 32.7% 5.6%
Operating cash flow growth (1Y) 18.3% 58.5% 10.0%
Operating cash flow CAGR (3Y) -47.2% 43.1% 3.7%
Free cash flow growth (1Y) 18.2% 80.1% 10.9%
Free cash flow CAGR (3Y) -47.4% 92.6% 3.1%

Profitability

14 metrics
MetricAIRJNWPXVLTO
Gross margin – 20.9% 60.2%
EBITDA margin – 15.4% 23.6%
Operating margin – 11.8% 21.8%
Pretax margin – 11.4% 20.3%
Net margin – 8.9% 17.3%
FCF margin – 14.4% 18.8%
Operating cash flow margin – 17.7% 19.9%
Return on equity -34.6% 12.5% 31.7%
Return on assets -28.1% 7.9% 11.9%
Return on invested capital – 12.5% 17.1%
Return on capital employed -4.7% 12.9% 18.8%
Asset turnover – 0.9x 0.7x
Cash conversion (OCF / net income) 0.1x 2.0x 1.2x
Stock comp / revenue – 1.2% 1.3%

Financial Health

11 metrics
MetricAIRJNWPXVLTO
Debt / assets – 3.1% 35.5%
Debt / equity – 0.0x 0.9x
Net debt / EBITDA – 0.2x 0.8x
Debt / FCF – 0.2x 2.7x
Liabilities / assets 19.0% 37.0% 60.7%
Equity / assets 81.0% 63.0% 39.3%
Interest coverage – 48.6x 13.2x
Current ratio 19.7x 2.6x 2.0x
Quick ratio 18.9x 1.8x 1.7x
Cash ratio 18.9x 0.0x 1.1x
Altman Z-score – 4.36 5.27

Shareholder Returns

7 metrics
MetricAIRJNWPXVLTO
Dividend yield – – 0.4%
Net buyback yield -20.0% 0.7% 1.8%
Shareholder yield -20.0% 0.7% 2.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAIRJNWPXVLTO
Forward P/E – 18.5xFY2026 25.6xFY2026
EPS, next fiscal year $-1.05FY2026 $5.19FY2026 $4.54FY2026
EPS growth, next FY – +45.8%FY2026 +16.4%FY2026
EPS growth, the year after – -7.5% +7.9%
Revenue, next fiscal year $168.27KFY2026 $573.90MFY2026 $5.70BFY2026
Revenue growth, next FY +205.9%FY2026 +9.1%FY2026 +3.7%FY2026
Revenue growth, the year after +3,073.8% +3.8% +16.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAIRJNWPXVLTO
Held by institutions 24.6% 89.5% 96.1%
Institutions holding 119 227 977
Change in shares held, QoQ +8.4% +4.6% +3.3%
Institutions buying 84 126 399
Institutions selling 19 65 386
Buyers to sellers 4.42 1.94 1.03

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AIRJNWPXVLTO
AIRJ 1.00 0.27 -0.07
NWPX 0.27 1.00 0.01
VLTO -0.07 0.01 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AIRJ, NWPX and VLTO?

Veralto (VLTO) is the largest by market capitalisation: AirJoule Technologies (AIRJ) $166.67M, NWPX Infrastructure (NWPX) $891.53M, Veralto (VLTO) $28.53B.

Which stock is cheaper, AIRJ, NWPX and VLTO?

NWPX Infrastructure (NWPX) trades on the lowest price-to-earnings ratio (AirJoule Technologies (AIRJ) -2.0x, NWPX Infrastructure (NWPX) 16.7x, Veralto (VLTO) 28.5x). On next year's consensus earnings, NWPX Infrastructure (NWPX) is cheapest (NWPX Infrastructure (NWPX) 18.5x, Veralto (VLTO) 25.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

NWPX Infrastructure (NWPX) grew revenue fastest over the trailing twelve months: NWPX Infrastructure (NWPX) +15.9%, Veralto (VLTO) +6.4%.

Which company is more profitable?

Veralto (VLTO) has the highest net margin (NWPX Infrastructure (NWPX) 8.9%, Veralto (VLTO) 17.3%). On return on invested capital, Veralto (VLTO) leads (NWPX Infrastructure (NWPX) 12.5%, Veralto (VLTO) 17.1%).

Which stock has performed better?

Over the past year NWPX Infrastructure (NWPX) returned the most: AirJoule Technologies (AIRJ) -52.4%, NWPX Infrastructure (NWPX) +50.6%, Veralto (VLTO) +17.6%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Veralto (VLTO) has been the steadiest (AirJoule Technologies (AIRJ) 85.7%, NWPX Infrastructure (NWPX) 39.2%, Veralto (VLTO) 24.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AIRJ, NWPX and VLTO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, NWPX Infrastructure (NWPX) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.