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With a market cap of $26.8 billion, Waltham, Massachusetts-based Veralto Corporation (VLTO) provides advanced water analytics, treatment, marking, coding, packaging, and color management solutions. Operating through its Water Quality and Product Quality & Innovation segments, it serves industries like municipal utilities, food and beverage, and pharmaceuticals globally.
Shares of the water and product quality services provider have outperformed the broader market over the past 52 weeks. VLTO has climbed 45.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 32.6%. In 2024, VLTO stock surged 31.5%, compared to SPX's 26.5% YTD gain.