Company / R&D Expense
Veralto R&D Expense History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$266.0M
FY2025
5-year range
$217.0M / $266.0M
FY2021-FY2025
Trend
+5.1%
vs FY2024
Sector context
#35 of 174
Industrials
What the data says
Veralto's r&d expense of $266M is higher than 80% of companies in the Industrials sector (FY2025). R&D Expense has increased for 3 consecutive years, from $217M in FY2022 to $266M in FY2025.
Based on SEC 10-K filings.
$266M in FY2025 with a 3-year CAGR of +7.0%. Top quartile in the Industrials sector.
Improved from $244M to $266M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +7.0%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 20% in IndustrialsTop 20% of 174This company $266.0M Sector average $273.7M
▼
-2.8% below sector average
Key checks
Key Insights
- Veralto's r&d expense has grown for 3 consecutive years.
- 3-year CAGR of +7.0%, indicating consistent growth.
- In FY2025, r&d expense increased 5.1% year-over-year.
- Ranks #35 out of 174 companies in the Industrials sector.
Company context
Key Data Points
- Strong return on equity: 32.1%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $266.0M | +5.1% |
| FY2024 | $253.0M | +3.7% |
| FY2023 | $244.0M | +12.4% |
| FY2022 | $217.0M | -11.1% |
| FY2021 | $244.0M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026