Stocks Comparison
Itron vs Veralto: revenue, profit, margins and growth compared
Itron brought in $2.4B of revenue in fiscal 2025, Veralto $5.5B in fiscal 2025. Revenue changed by -3.0% at Itron and +6.0% at Veralto on the year before, so Veralto grew faster. Itron kept 12.7% of its revenue as net profit, Veralto 17.1%. Free cash flow was $383.1M at Itron and $1B at Veralto.
Side by side, latest fiscal year
| ITRI | VLTO | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $2.4B | $5.5B |
| Revenue growth | -3.0% | +6.0% |
| Net income | $301.1M | $940M |
| Net margin | 12.7% | 17.1% |
| Free cash flow | $383.1M | $1B |
| Free cash flow margin | 16.2% | 18.4% |
| Earnings per share (diluted) | $6.50 | $3.76 |
| Cash | $1B | $2B |
| Debt | $1.3B | $2.7B |
| Price to earnings | 13.8 | 25.8 |
| Market value | $3.9B | $23.7B |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #204 of 451 · Industrials | #113 of 451 · Industrials |
Over the years
Questions about Itron and Veralto
Which is bigger by revenue, Itron or Veralto?
Veralto is bigger by revenue: $5.5B in fiscal 2025, against $2.4B for Itron in fiscal 2025.
Which keeps more of its revenue as profit, Itron or Veralto?
Itron had a net margin of 12.7% in fiscal 2025; Veralto had 17.1% in fiscal 2025.
Which grew revenue faster, Itron or Veralto?
In their latest fiscal years revenue changed by -3.0% at Itron and +6.0% at Veralto.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.