Veralto (VLTO) Operating Margin (2022 - 2026)
Veralto's Operating Margin came in at 21.37% for Q2 2026, down 1.46 percentage points from 22.83% a year earlier and down 2.40 percentage points from the prior quarter.
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Analysis
Veralto (VLTO) Operating Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 3, 2026, Veralto reported Operating Margin of 22.74%, down 0.60 percentage points year-over-year; for FY2025, it was 23.21%, down 0.06 percentage points from FY2024.
- Operating Margin carries a four-year change of +1.06 percentage points (FY2021 to FY2025).
- Going back by year, Operating Margin was 23.26% in FY2024 (+0.56 pp), 22.70% in FY2023 (-0.13 pp), 22.83% in FY2022 (+0.68 pp) and 22.15% in FY2021.
- The Q2 2026 figure represents the lowest quarterly Operating Margin in data going back to Q3 2022.
- Year-over-year, Operating Margin has declined for five consecutive quarters, with an average year-over-year change of +0.04 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2024 (a gain of 1.69 percentage points), and the weakest in Q3 2023 (a drop of 1.63 percentage points).
- Business Quant data shows VLTO's Operating Margin at 23.77% (Q1 2026), 22.64% (Q4 2025) and 23.22% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn | 17.16% |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 16.70% |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn | 21.37% |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn | 17.71% |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn | -11.64% |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn | 13.26% |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn | -49.05% |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | -902.45% |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - | - |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn | -109.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 21.37% |
| Apr 3, 2026 | 23.77% |
| Dec 31, 2025 | 22.64% |
| Oct 3, 2025 | 23.22% |
| Jul 4, 2025 | 22.83% |
| Apr 4, 2025 | 24.17% |
| Dec 31, 2024 | 22.90% |
| Sep 27, 2024 | 23.44% |
| Jun 28, 2024 | 23.21% |
| Mar 29, 2024 | 23.52% |
| Dec 31, 2023 | 22.20% |
| Sep 29, 2023 | 21.75% |
| Jun 30, 2023 | 23.06% |
| Mar 31, 2023 | 23.84% |
| Dec 31, 2022 | 23.56% |
| Sep 30, 2022 | 23.38% |
API Access
Veralto Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=VLTO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "VLTO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=VLTO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();