Flex (FLEX) vs Veralto (VLTO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Flex (FLEX) has outperformed Veralto (VLTO) over the past year, gaining 108.5% versus a loss of 8.7%. Flex is the larger company by market cap ($44.09 billion vs $23.34 billion), about 1.9 times the size. On valuation, Flex trades at a lower forward P/E (16.9x vs 20.0x for Veralto).
Veralto pays a dividend yielding 0.52%, while Flex does not currently pay one. Veralto converts more of its revenue into profit, with a net margin of 17.1% versus 3.2%.
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 | FLEX | VLTO |
|---|---|---|
| Share price | $119.34 | $95.73 |
| Market cap | $44.09B | $23.34B |
| 1-day change | -1.68% | -0.75% |
| YTD return | +97.52% | -4.06% |
| 1-year return | +108.45% | -8.69% |
| 5-year return | +731.74% | — |
| P/E ratio (TTM) | 46.08 | 24.11 |
| Forward P/E | 16.91 | 19.99 |
| EPS (TTM) | $2.59 | $3.97 |
| Dividend yield | 0.00% | 0.52% |
| Annual dividend | $0.00 | $0.50 |
| Revenue (latest FY) | $27.91B | $5.50B |
| Revenue growth (YoY) | +8.14% | +5.97% |
| Net income (latest FY) | $880.00M | $940.00M |
| Gross margin | 9.20% | 59.95% |
| Operating margin | 4.90% | 23.21% |
| Net margin | 3.15% | 17.08% |
| 52-week high | $166.86 | $105.75 |
| 52-week low | $53.07 | $80.03 |
| Distance from 52-week high | -28.48% | -9.48% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +34.49% | +19.08% |
| Average volume | 3.65M | 1.66M |
| Shares outstanding | 369.46M | 243.79M |
| Employees | 149,686 | 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
- FLEX has outperformed VLTO by 117.1 percentage points over the past year.
- Flex trades at a higher earnings multiple (46.1x vs 24.1x trailing P/E).
- Veralto is more profitable, keeping 17.1 cents of every revenue dollar as net income versus 3.2 cents for Flex.
- The two companies sit in different sectors: Flex in Technology and Veralto in Industrials.
About Flex
FLEX stock →Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, healthcare, industrial, and power industries in the Americas, Asia, and Europe.
Technology · Electrical Products · 149,686 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
FLEX vs VLTO FAQ
Which is bigger, Flex or Veralto?
Flex (FLEX) is larger, with a market capitalization of $44.09B compared with $23.34B for Veralto (VLTO).
Which stock has performed better over the past year, FLEX or VLTO?
FLEX returned +108.45% over the past 12 months, compared with -8.69% for VLTO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FLEX or VLTO?
VLTO has the lower trailing P/E at 24.1, versus 46.1 for FLEX. 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, Flex or Veralto?
Veralto pays a dividend yielding 0.52%, while Flex does not currently pay a regular dividend.
Are Flex and Veralto in the same industry?
Yes. Both are classified in the Electrical Products industry within the Technology sector.