Veralto Corporation (VLTO)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,105,000 | 3,050,000 | 2,990,000 |
| Revenue (ttm) | US$ in thousands | 5,106,000 | 5,008,000 | 4,944,000 |
| Gross profit margin | 60.81% | 60.90% | 60.48% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,105,000K ÷ $5,106,000K
= 60.81%
The gross profit margin of Veralto Corporation remained relatively stable throughout the year 2024, standing at 60.48% as of June 30, 60.90% as of September 30, and 60.81% as of December 31. This indicates that the company effectively managed its production costs and pricing strategies to maintain a consistent level of profitability on each dollar of sales. The gradual fluctuations in the gross profit margin suggest that Veralto Corporation's pricing and cost control strategies are generally effective, providing a steady foundation for profitability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Gross profit margin
Veralto Corporation
VLTO
60.81%
Agilent Technologies Inc
A
26.88%
Cohu Inc
COHU
27.89%
Itron Inc
ITRI
34.37%
Teradyne Inc
TER
57.42%