Celestica (CLS) vs Veralto (VLTO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Celestica (CLS) has outperformed Veralto (VLTO) over the past year, gaining 56.3% versus a loss of 7.2%. Celestica is the larger company by market cap ($44.96 billion vs $23.52 billion), about 1.9 times the size. On valuation, Celestica trades at a lower forward P/E (18.1x vs 20.2x for Veralto).
Veralto pays a dividend yielding 0.52%, while Celestica does not currently pay one. Veralto converts more of its revenue into profit, with a net margin of 17.1% versus 6.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CLS | VLTO |
|---|---|---|
| Share price | $356.53 | $96.48 |
| Market cap | $44.96B | $23.52B |
| 1-day change | -4.05% | +0.78% |
| YTD return | +25.70% | -3.31% |
| 1-year return | +56.26% | -7.23% |
| 5-year return | +3886.80% | — |
| P/E ratio (TTM) | 37.02 | 24.30 |
| Forward P/E | 18.14 | 20.15 |
| EPS (TTM) | $9.63 | $3.97 |
| Dividend yield | 0.00% | 0.52% |
| Annual dividend | $0.00 | $0.50 |
| Revenue (latest FY) | $12.39B | $5.50B |
| Revenue growth (YoY) | +28.46% | +5.97% |
| Net income (latest FY) | $832.50M | $940.00M |
| Gross margin | 12.06% | 59.95% |
| Operating margin | 8.40% | 23.21% |
| Net margin | 6.72% | 17.08% |
| 52-week high | $474.03 | $105.75 |
| 52-week low | $238.23 | $80.03 |
| Distance from 52-week high | -24.79% | -8.77% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +32.92% | +18.16% |
| Average volume | 2.52M | 1.67M |
| Shares outstanding | 126.11M | 243.79M |
| Employees | 23,803 | 17,000 |
| Sector | Technology | Industrials |
| Industry | Electrical Products | Electrical Products |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CLS has outperformed VLTO by 63.5 percentage points over the past year.
- Celestica trades at a higher earnings multiple (37.0x vs 24.3x trailing P/E).
- Veralto is more profitable, keeping 17.1 cents of every revenue dollar as net income versus 6.7 cents for Celestica.
- Celestica grew revenue faster in its latest fiscal year (+28.46% vs +5.97%).
- The two companies sit in different sectors: Celestica in Technology and Veralto in Industrials.
About Celestica
CLS stock →Celestica Inc., together with its subsidiaries, provides supply chain solutions in Asia, North America, and internationally. It operates through two segments, Advanced Technology Solutions, and Connectivity and Cloud Solutions.
Technology · Electrical Products · 23,803 employees
About Veralto
VLTO stock →Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color solutions worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI).
Industrials · Electrical Products · 17,000 employees
CLS vs VLTO FAQ
Which is bigger, Celestica or Veralto?
Celestica (CLS) is larger, with a market capitalization of $44.96B compared with $23.52B for Veralto (VLTO).
Which stock has performed better over the past year, CLS or VLTO?
CLS returned +56.26% over the past 12 months, compared with -7.23% for VLTO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CLS or VLTO?
VLTO has the lower trailing P/E at 24.3, versus 37.0 for CLS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Celestica or Veralto?
Veralto pays a dividend yielding 0.52%, while Celestica does not currently pay a regular dividend.
Are Celestica and Veralto in the same industry?
Yes. Both are classified in the Electrical Products industry within the Technology sector.