Veralto (MIL:1VLTO) Retained Earnings: €1,701 Mil (As of Mar. 2026)

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MIL:1VLTO Veralto Corp MIL:1VLTO
56 GF Score
Price €81.38
GF Value €93.89
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Veralto Retained Earnings?

Veralto MIL:1VLTO 56 Retained Earnings is €1,701 Mil as of Mar. 2026. GuruFocus rates MIL:1VLTO with a GF Score™ of 56/100 and a GF Value™ of €93.89 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Veralto's retained earnings for the quarter that ended in Mar. 2026 was €1,701 Mil.

Veralto's quarterly retained earnings increased from Sep. 2025 (€1,297 Mil) to Dec. 2025 (€1,489 Mil) and increased from Dec. 2025 (€1,489 Mil) to Mar. 2026 (€1,701 Mil).

Veralto's annual retained earnings increased from Dec. 2023 (€163 Mil) to Dec. 2024 (€876 Mil) and increased from Dec. 2024 (€876 Mil) to Dec. 2025 (€1,489 Mil).


Veralto  (MIL:1VLTO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Veralto Retained Earnings Historical Data

* Premium members only.

The historical data trend for Veralto's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Veralto Retained Earnings Chart

Veralto Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial 0.00 0.00 163.23 875.74 1,489.38

Veralto Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,030.45 1,135.77 1,296.74 1,489.38 1,700.59
MIL:1VLTO
56GF Score
Veralto Corp MIL:1VLTO
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Veralto Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €1,701 Mil mean?
Veralto (MIL:1VLTO) has a Retained Earnings of €1,701 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Veralto and its competitors.
Is Veralto's Retained Earnings too high?
Veralto's current Retained Earnings is €1,701 Mil. Overall, Veralto has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veralto's Retained Earnings compare to ZWS and CECO?
Veralto's Retained Earnings of €1,701 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Industrial Products company?
A good Retained Earnings depends on the Industrial Products industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Veralto and its competitors. Veralto's current Retained Earnings is €1,701 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veralto stock overvalued right now?
Based on GuruFocus' analysis, Veralto (MIL:1VLTO) is currently considered Modestly Undervalued. The stock's GF Value™ is €93.89, compared to a current price of €81.38 — trading 13.3% below its estimated fair value. The current Retained Earnings is €1,701 Mil. Veralto's overall GF Score™ is 56/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Veralto (MIL:1VLTO), the current Retained Earnings is €1,701 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Veralto (MIL:1VLTO) Overvalued in 2026?

Based on GuruFocus' analysis, Veralto stock appears to be undervalued. The current stock price of €81.38 is trading 13.3% below its estimated GF Value™ of €93.89. GuruFocus considers Veralto to be Modestly Undervalued.

Key valuation signals for MIL:1VLTO:

  • Retained Earnings: €1,701 Mil
  • GF Value™: €93.89 vs. price of €81.38 (13.3% below fair value)
  • GF Score™: 56/100 with 1 warning sign

No single metric tells the full story. See the MIL:1VLTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veralto Business Description

Other Exchanges VLTO:USARZ2:Germany
Address 225 Wyman Street, Suite 250, Waltham, MA, USA, 02451
Veralto is a diversified industrial firm organized into two segments. The water quality segment offers water analytics and water treatment solutions, while the product quality and innovation segment offers coding, packaging, and color solutions for consumer packaged goods and pharmaceuticals. Headquartered in Waltham, Massachusetts, the company has around 17,000 employees. Veralto generated approximately $5.5 billion in revenue in 2025.
56GF Score

Get the complete analysis for MIL:1VLTO

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€81.38
Price
€93.89
GF Value