Veralto
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Veralto's past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $5,021,000,000. Profit margin reached 17%. Total operating expenses were $1,761,000,000.
Profit Margin
| 2020 | 4.34B | 724M | 16.65% |
|---|---|---|---|
| 2021 | 4.7B | 861M | 18.32% |
| 2022 | 4.87B | 845M | 17.32% |
| 2023 | 5.02B | 839M | 16.71% |
VLTO Income Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Revenue | ||||
Revenue | 5.02B | 4.87B | 4.7B | 4.34B |
Cost of revenue | 2.12B | 2.11B | 1.98B | 1.83B |
Gross profit | 2.90B | 2.76B | 2.71B | 2.51B |
Operating exp. | ||||
Research and development | 225M | 217M | 244M | 219M |
Selling and marketing | 0 | 0 | 0 | 0 |
Total operating expenses | 1.76B | 1.69B | 1.67B | 1.55B |
Operating income | 1.14B | 1.07B | 1.04B | 951M |
Other income (expenses), net | -44M | 1M | 6M | -1M |
Income before tax | 1.09B | 933M | 1.04B | 950M |
Income tax expense | 257M | 224M | 186M | 226M |
Net income | 839M | 845M | 861M | 724M |
Earnings per share | ||||
Basic EPS | 3.41 | 3.43 | 3.5 | 2.94 |
Diluted EPS | 3.41 | 3.43 | 3.5 | 2.94 |