Veralto Corporation

“Through our core offerings in water analytics, water treatment, marking and coding, and packaging and color, customers look to our solutions to help ensure the safety, quality, efficiency and reliability of their products, processes and people globally.”

“Veralto defines high-growth markets as developing markets of the world which include Asia (with the exception of Japan, Australia and New Zealand), Latin America (including Mexico), the Middle East, Eastern Europe and Africa.”

“Veralto operates through two segments – Water Quality ("WQ") and Product Quality & Innovation ("PQI").”

“we serve over 149,000 customers, including small community water utilities, large public and private water utilities and industrial customers and help to ensure safe water for more than 3.4 billion people every day - approximately 40% of the global population.”

“brand owners in consumer packaged goods ("CPG"), food and beverage, pharmaceutical, and industrial sectors use to support product authenticity, traceability, quality control, regulatory compliance”

“Under our Hach, Trojan Technologies, ChemTreat, and other globally recognized WQ brands, we provide proprietary precision instrumentation and advanced water treatment technologies”

“Under our Videojet, Linx, Esko, X-Rite, Pantone and other globally recognized PQI brands, we provide marking and coding, and packaging and color instrumentation, software, and related consumables.”

“During 2025, approximately 56% of Veralto's sales were derived from customers outside the United States.”

“a workforce of nearly 17,000 employees (whom we refer to as "associates") as of December 31, 2025, of whom approximately 6,500 were employed in North America, 5,000 were employed in Western Europe, 500 were employed in other developed markets and 5,000 were employed in high-growth markets.”

“On January 22, 2026, the Company completed the acquisition of In-Situ, Inc. ("In-Situ"), for a cash purchase price of approximately $427 million, net of cash acquired. The Company believes this business will complement the Water Quality segment.”

“our solutions helped customers save over 88 billion gallons of water in 2025.”

“During 2024, the Company divested two product lines and recorded a $10 million net loss associated with the sales that is presented in other income (expense), net. The divestiture of these product lines were recorded in the Water Quality segment.”

“Segment performance is expected to benefit from municipal demand driven by recurring revenue from large installed base, while industrial demand is driven by regional end-market dynamics.”

“our business generates recurring sales which represented approximately 61% of total sales during the year ended December 31, 2025.”

“which we have successfully done through the acquisition of over 85 businesses over more than two decades.”

“As of December 31, 2025, we had approximately $2.7 billion in outstanding indebtedness. In addition, we have the ability to incur approximately $1.5 billion of additional indebtedness under a revolving credit agreement”

“Product Quality & Innovation: we expect continued global growth driven by steady demand in the consumer packaged goods market globally.”

“Water Quality: we continue to expect global growth led by positive secular growth drivers across municipal and industrial markets globally, and disciplined commercial execution.”

“The potential effects of tariffs and prospective changes in trade policies remain uncertain. The Company's objective is to implement appropriate countermeasures designed to mitigate the impact of these items”

“The Company's overall revenues for the year ended December 31, 2025 increased 6.0% as compared to 2024. Core sales for the year ended December 31, 2025 increased 4.7% as compared to 2024.”

“Total operating lease liabilities $ 206”

“since January 2025, the U.S. government has threatened or imposed significant tariffs on imports from China and various new or additional tariffs on imports from other countries with limited, temporary exclusions for certain goods.”

“As of December 31, 2025, the net carrying value of our goodwill and other intangible assets totaled approximately $3.4 billion.”

“the Company's competitors and customers have from time to time introduced, and may in the future introduce, low-cost products or consumables that compete with the Company's products at lower price points.”

“Net foreign currency transaction losses were $24 million and $14 million for the years ended December 31, 2025 and 2024, respectively.”

“We are required to comply with various import laws and export control and economic sanctions laws, which may affect our transactions with certain customers, business partners and other persons”

“Uncertainties with respect to the development, deployment, and use of artificial intelligence in our business and products may result in harm to our business and financial statements.”

“Significant disruptions in, or breaches in security of, our information technology ("IT") systems or data or violations of data privacy laws can adversely affect our business and financial statements.”

“including regulations and interpretations pertaining to the U.S. Tax Cuts and Jobs Act ("TCJA") or the One Big Beautiful Bill Act ("OBBBA")”

“Our financial results are subject to fluctuations in the cost and availability of the supplies that we use in, and the labor we need for, our operations.”