Veralto debt and dilution85

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$3,379M

Cash & equivalents

USD millions

$2,119M

Net debt

USD millions

$1,260M

Debt / equity

1.09×

Debt / assets

39.48%

Net debt / EBITDA

× · TTM

0.91×

Debt / FCF

× · TTM

3.23×

Interest coverage

× · TTM

14.08×

Current ratio

1.78×

Diluted shares

Million shares

245.8M shares

Basic shares

Million shares

245.2M shares

Share count growth

-1.21%

Share repurchases

USD millions

$134M

Quarterly data

Veralto capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jul 3, 2026	3,379	2,119	1,260	1.09×	39.48%	0.91×	3.23×	14.08×	1.78×	245.8	245.2	-1.21%	134
FY 2026 Q1	Apr 3, 2026	2,662	1,431	1,231	0.89×	34.78%	0.89×	2.55×	13.9×	1.48×	249.2	247.6	-0.12%	300
FY 2025 Q4	Dec 31, 2025	2,673	2,031	642	0.86×	34.75%	0.47×	2.64×	13.3×	1.67×	250.61	248.61	0.41%	—
FY 2025 Q3	Oct 3, 2025	2,672	1,775	897	0.94×	35.97%	0.67×	2.71×	12.2×	1.57×	250.6	248.5	0.44%	—
FY 2025 Q2	Jul 4, 2025	2,672	1,559	1,113	1×	37.26%	0.84×	2.83×	11.37×	2.32×	249.9	248.2	0.4%	0
FY 2025 Q1	Apr 4, 2025	2,630	1,239	1,391	1.14×	39.58%	1.06×	3.06×	11.04×	2.19×	250.1	247.9	0.41%	0
FY 2024 Q4	Dec 31, 2024	2,599	1,101	1,498	1.27×	40.57%	1.16×	3.17×	10.69×	1.92×	250.17	247.59	0.36%	—
FY 2024 Q3	Sep 27, 2024	2,639	1,267	1,372	1.35×	42.14%	1.08×	3.31×	10.78×	2.13×	250	247.4	0.45%	—
FY 2024 Q2	Jun 28, 2024	2,615	1,043	1,572	1.56×	44.3%	1.27×	3.21×	13.08×	1.96×	249.3	247.2	—	—
FY 2024 Q1	Mar 29, 2024	2,618	827	1,791	1.76×	45.87%	—	—	—	1.83×	248.8	246.9	—	—
FY 2023 Q4	Dec 31, 2023	2,629	762	1,867	1.89×	46.18%	1.52×	2.89×	38×	1.64×	248.26	246.69	—	—
FY 2023 Q3	Sep 29, 2023	2,604	426	2,178	2.5×	50.47%	—	—	—	1.61×	246.3	246.3	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · VLTO, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.