Veralto free cash flow VLTO
Cash from operations less capital spending, by quarter and over the last twelve months, from 2022.
- Last 12 months, to Jul 3, 2026
- $1B
- Latest quarter, Q2 FY26
- $328M
- +2% on a year earlier
- Fiscal year 2025
- $1B
- +24% on the year before
Veralto's free cash flow was $1B over the twelve months to Jul 3, 2026, up 11% on a year earlier.
In its latest quarter, Q2 FY26, it was $328M, up 2% on the same quarter a year before.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2025 | $1B | +24% |
| FY2024 | $820M | −10% |
| FY2023 | $909M | n/a |
| FY2022 | n/a | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | $328M | +2% | $1B | |
| Q1 FY26 | $170M | +20% | $1B | |
| Q4 FY25 | $291M | +11% | $1B | |
| Q3 FY25 | $258M | +20% | $986M | |
| Q2 FY25 | $323M | +35% | $943M | |
| Q1 FY25 | $142M | +39% | $860M | |
| Q4 FY24 | $263M | +9% | $820M | |
| Q3 FY24 | $215M | −7% | $798M | |
| Q2 FY24 | $240M | −17% | $815M | |
| Q1 FY24 | $102M | −31% | $864M | |
| Q4 FY23 | $241M | −27% | $909M | |
| Q3 FY23 | $232M | n/a | $997M |
Against its peers
Companies in Industrials nearest Veralto's size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| VLTOVeralto | 4.1% |
| XYLXylem | 3.8% |
| EXPDExpeditors International of Washington | 3.6% |
| DOVDover | 4.4% |
| CPRTCopart | 4.7% |
| SYMSymbotic | 3.1% |
| HUBBHubbell | 3.8% |
| IRIngersoll Rand | 4.3% |
| EMEEMCOR | 4.1% |
| OTISOtis Worldwide | 6.0% |
| XPOXPO Logistics | 2.7% |
| Peer median | 4.0% |
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Veralto
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.