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With a market cap of $22.2 billion, Veralto Corporation (VLTO) provides water analytics, water treatment, and product quality solutions for various industries. It operates through two main segments: Water Quality (WQ), which focuses on technologies and services for measuring, analyzing, and treating water, and Product Quality & Innovation (PQI), which delivers marking, coding, packaging design, and color management solutions.
Companies valued at more than $10 billion are generally considered “large-cap” stocks, and Veralto fits this criterion perfectly. The company serves sectors such as municipal utilities, food and beverage, pharmaceuticals, and industrial manufacturing through brands like Hach, Trojan Technologies, Videojet, Linx, Esko, X-Rite, and Pantone.