Veralto (VLTO) Return on Capital Employed [ROCE] (2023 - 2026)
Veralto (VLTO) recorded Return on Capital Employed [ROCE] of 21.41% in Q2 2026, down 0.80 percentage points from 22.21% a year earlier and down 1.32 percentage points from the prior quarter.
Veralto (VLTO) Return on Capital Employed [ROCE] (2023 - 2026) Analysis & Trends
For FY2025, Veralto reported Return on Capital Employed [ROCE] of 25.57%, up 0.43 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a three-year change of -4.40 percentage points (FY2022 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 25.14% in FY2024 (-3.40 pp), 28.54% in FY2023 (-1.43 pp) and 29.98% in FY2022.
- The Q2 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q4 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for seven consecutive quarters, with an average year-over-year change of -1.49 percentage points over the last seven quarters.
- Per Business Quant, the preceding three quarters came in at 22.73% (Q1 2026), 23.20% (Q4 2025) and 24.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 80.89 Bn | 72.66 Bn | 1.95 Bn | 13.27% |
| 2 | Veralto | 25.48 Bn | 18.13 Bn | 902.00 Mn | 21.41% |
| 3 | Xylem | 25.39 Bn | 20.88 Bn | 963.00 Mn | 9.16% |
| 4 | Badger Meter | 4.31 Bn | 3.72 Bn | 98.85 Mn | 20.10% |
| 5 | Ceco Environmental | 2.11 Bn | 1.95 Bn | 86.47 Mn | -0.31% |
| 6 | NWPX Infrastructure | 938.16 Mn | 899.64 Mn | 34.36 Mn | 12.53% |
| 7 | Cadiz | 365.26 Mn | 333.71 Mn | -24,000.00 | -21.02% |
| 8 | Energy Recovery | 341.85 Mn | 17.01 Mn | 8.96 Mn | 7.70% |
| 9 | AirJoule Technologies | 215.64 Mn | 95.27 Mn | - | -4.66% |
| 10 | LanzaTech Global | 62.96 Mn | -52.18 Mn | 1.91 Mn | -31.59% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 21.41% |
| Apr 3, 2026 | 22.73% |
| Dec 31, 2025 | 23.20% |
| Oct 3, 2025 | 24.11% |
| Jul 4, 2025 | 22.21% |
| Apr 4, 2025 | 23.10% |
| Dec 31, 2024 | 23.74% |
| Sep 27, 2024 | 24.42% |
| Jun 28, 2024 | 24.94% |
| Mar 29, 2024 | 25.11% |
| Dec 31, 2023 | 27.39% |
Veralto Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=VLTO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=VLTO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();