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Waltham, Massachusetts-based Veralto Corporation (VLTO) provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. With a market cap of $25.8 billion, Veralto operates through the Water Quality (WQ) and Product Quality & Innovation (PQI) segments.
Companies worth $10 billion or more are generally described as "large-cap stocks," Veralto fits this bill perfectly. The company operates 13 businesses across more than 300 global locations, employing over 16,000 associates. Given its extensive operations and large workforce, its valuation above this mark is not surprising. As a global leader in essential technology solutions, Veralto has a proven track record of addressing some of the most complex societal challenges.
