Veralto (VLTO) Return on Invested Capital [ROIC] (2023 - 2026)
Veralto's Return on Invested Capital [ROIC] was 17.43% in Q2 2026, down 1.65 percentage points from 19.08% a year earlier and down 0.74 percentage points from the prior quarter.
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Analysis
Veralto (VLTO) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Veralto came in at 19.64%, down 1.76 percentage points from FY2024.
- In earlier years, Return on Invested Capital [ROIC] was 21.39% in FY2024 (-2.65 pp) and 24.05% in FY2023.
- The Q2 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2023.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for seven straight quarters, with an average year-over-year change of -1.83 percentage points over the last seven quarters.
- Per Business Quant data, VLTO's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 18.17% (Q1 2026), 18.11% (Q4 2025) and 18.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 9.96% |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 17.10% |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 8.26% |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | - |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | -0.25% |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 12.47% |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | - |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | - |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 2, 2026 | 17.10% |
| Jul 3, 2026 | 17.43% |
| Apr 3, 2026 | 18.17% |
| Dec 31, 2025 | 18.11% |
| Oct 3, 2025 | 18.41% |
| Jul 4, 2025 | 19.08% |
| Apr 4, 2025 | 20.06% |
| Dec 31, 2024 | 20.05% |
| Sep 27, 2024 | 20.16% |
| Jun 28, 2024 | 20.71% |
| Mar 29, 2024 | 21.27% |
| Dec 31, 2023 | 22.77% |
API Access
Veralto Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=VLTO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=VLTO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();