Veralto Corporation stock research
FY2024 Q4
Veralto (VLTO) Gross Margin — Quarter Ended Dec 31, 2024
Revenue was stable versus the preceding quarter and the same quarter one year earlier, while gross profit improved compared with both periods. Cost of revenue was relatively unchanged from the year-ago quarter but increased from the prior quarter, and gross margin was unchanged from the prior quarter but higher than a year ago.
Gross margin takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue was stable versus the preceding quarter and the same quarter one year earlier, while gross profit improved compared with both periods. Cost of revenue was relatively unchanged from the year-ago quarter but increased from the prior quarter, and gross margin was unchanged from the prior quarter but higher than a year ago.
- Gross profit increased compared with both the prior quarter and the year-ago quarter while revenue was stable, indicating an improvement in the efficiency of converting revenue into gross profit. The strongest observable driver is the rise in gross margin relative to the year-ago period, as cost of revenue remained essentially flat over that span.
- Compared with the immediately preceding quarter, revenue was stable, gross profit was higher, cost of revenue was higher, and gross margin was unchanged. Compared with the same quarter one year earlier, revenue was stable, gross profit was higher, cost of revenue was stable, and gross margin was higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
59.6%
Gross profit
$801.0M
Revenue
$1.3B
Cost of revenue
$544.0M
Quarter-over-quarter change
-0.0 pts
Year-over-year change
+1.6 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Mar 29, 2024 | $1.2B | $747.0M | $499.0M | 60.0% |
| Jun 28, 2024 | $1.3B | $774.0M | $514.0M | 60.1% |
| Sep 27, 2024 | $1.3B | $783.0M | $531.0M | 59.6% |
| Dec 31, 2024 | $1.3B | $801.0M | $544.0M | 59.6% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 27, 2024
-0.0 pts
Year-over-year change
Dec 31, 2023
+1.6 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross profit increased compared with both the prior quarter and the year-ago quarter while revenue was stable, indicating an improvement in the efficiency of converting revenue into gross profit. The strongest observable driver is the rise in gross margin relative to the year-ago period, as cost of revenue remained essentially flat over that span.
Compared with the immediately preceding quarter, revenue was stable, gross profit was higher, cost of revenue was higher, and gross margin was unchanged. Compared with the same quarter one year earlier, revenue was stable, gross profit was higher, cost of revenue was stable, and gross margin was higher.
Monitor whether cost of revenue continues to rise in subsequent quarters, as it increased from the prior quarter while revenue remained unchanged.