Risk Sleuth
VLTO · 10-K filed 20 Feb 2026 · year to 31 Dec 2025

Veralto

17 named things its latest annual report says its results depend on, each in the company's own words. 15 of them are also named by other companies we've read.

Customers

U.S. federal government

earns from · less than 2% of our 2025 salesnamed as a risk
We also have agreements to sell products and services to government entities (as well as agreements relating to government financing, as discussed above) and are subject to various statutes and regulations that apply to companies doing business with government entities (less than 2% of our 2025 sales were made to the U.S. federal government).Risk factors (Item 1A)

Also named by ACN, ADSK, AKAM, AMRC, APG, CACI, CBRE, CI and 25 more

Suppliers

Sole or limited source suppliers

depends onnamed as a risk
In addition, some of our businesses purchase certain requirements from sole or limited source suppliers for reasons of quality assurance, regulatory requirements, cost effectiveness, availability or uniqueness of design.Risk factors (Item 1A)

Also named by DHR, TT

Partners and platforms

Third-party distributors

depends on · approximately 18% of its technology and equipment products
Veralto distributes approximately 18% of its technology and equipment products through third-party distributors.Business (Item 1)

Also named by ADI, CAVA

Other companies

Revolving credit agreement

approximately $1.5 billion of additional indebtednessnamed as a risk
In addition, we have the ability to incur approximately $1.5 billion of additional indebtedness under a revolving credit agreement, and in the future we may incur additional indebtedness.Risk factors (Item 1A)

Also named by AMD, APLD, WCN

Danaher Corporation

Veralto Corporation is a Delaware corporation and was incorporated in 2023 in connection with the separation of Veralto from Danaher Corporation (“Danaher” or “Former Parent”) on September 30, 2023 as an independent, publicly traded company, listed on the New York Stock Exchange (the “Separation”).Business (Item 1)

Also named by A, WAT

Places

Non-U.S. markets

earns from · approximately 56% of our salesnamed as a risk
In 2025, approximately 56% of our sales were derived from customers outside the U.S.Risk factors (Item 1A)

Also named by ABT, DELL, DOV, IBM, ITW, LRCX, MA, MDLZ and 4 more

High-growth markets

earns from · 27% of its salesnamed as a risk
In 2025, Veralto generated 48% of its sales in North America, 23% of its sales in Western Europe, 2% of its sales in other developed markets and 27% of its sales in high-growth markets.Business (Item 1)

Also named by ESAB

North America

earns from · 48% of our 2025 sales
We generated 48% of our 2025 sales from North America, 23% from Western Europe, 2% from other developed markets and 27% from high-growth markets.Business (Item 1)

Also named by ALSN, AOS, BMI, CAG, CAT, CHRW, CLS, CPB and 19 more

Western Europe

earns from · 23% of its sales
In 2025, Veralto generated 48% of its sales in North America, 23% of its sales in Western Europe, 2% of its sales in other developed markets and 27% of its sales in high-growth markets.Business (Item 1)

Also named by LECO, PSA, WM, XYL

Commodities and inputs

Oil and natural gas

exposed to its pricenamed as a risk
Prices of oil and gas affect Veralto’s costs for freight and utilities and also have an indirect impact on the cost of other purchased materials.Business (Item 1)

Also named by APO, ARES, BX, FDUS, GAIN, HON, MMM, RF and 3 more

Regulators

Office of Foreign Assets Control (OFAC)

subject tonamed as a risk
the regulations administered by the U.S. Department of Treasury, Office of Foreign Assets Control, which implement economic sanctions imposed against designated countries, governments and persons based on United States foreign policy and national security considerations; andBusiness (Item 1)

Also named by ABNB, ADP, AIG, APP, BMI, BMNR, BPOP, CAT and 46 more

International Standards Organization (ISO)

subject tonamed as a risk
Our products and operations are also often subject to the rules of industrial standards bodies such as the International Standards Organization, and failure to comply with these rules can result in withdrawal of certifications needed to sell our products and services and otherwise adversely impact our business and financial statements.Risk factors (Item 1A)

Laws and programs

EU General Data Protection Regulation (GDPR)

subject to · fines of up to €20 million or up to 4% of total worldwide annual turnovernamed as a risk
Failure to comply with the requirements of the GDPR and the applicable national data protection laws of the EU member states and other states subject to the GDPR may result in fines of up to €20 million or up to 4% of total worldwide annual turnover for the preceding financial year, whichever is higher, and other administrative penalties.Risk factors (Item 1A)

Also named by ACN, ADSK, AIG, ALK, AMG, ANET, APG, AXON and 61 more

Export Administration Regulations (EAR)

subject tonamed as a risk
the Export Administration Regulations administered by the U.S. Department of Commerce, Bureau of Industry and Security, which, among other things, impose licensing requirements on the export, in-country transfer and re-export of certain dual-use goods, technology and software (which are items that have both commercial and military or proliferation applications);Business (Item 1)

Also named by ADI, ALAB, AMD, APP, ARW, AVGO, CARR, CDRE and 40 more

International Traffic in Arms Regulations (ITAR)

subject tonamed as a risk
the International Traffic in Arms Regulations administered by the U.S. Department of State, Directorate of Defense Trade Controls, which, among other things, imposes license requirements on the export from the United States of defense articles and defense services listed on the U.S. Munitions List;Business (Item 1)

Also named by ACHR, ADI, AIR, ALSN, APH, AVAV, CDRE, CLS and 29 more

OECD base erosion and profit shifting (BEPS)

subject tonamed as a risk
One example is in the area of “base erosion and profit shifting,” for which the OECD has released several components of its comprehensive plan that have been adopted and expanded by many taxing authorities to address perceived tax abuse and inconsistencies between tax jurisdictions.Risk factors (Item 1A)

Also named by PFG, TXN

China and Russia data localization laws

subject tonamed as a risk
Several other countries such as China and Russia are, and other countries are considering passing, laws that require some or all personal data relating to their citizens to be maintained on local servers or impose significant restrictions on data transfer.Risk factors (Item 1A)