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 riskWe 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 riskIn 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)
Partners and platforms
Other companies
Revolving credit agreement
approximately $1.5 billion of additional indebtednessnamed as a riskIn 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)
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)
Places
Non-U.S. markets
earns from · approximately 56% of our salesnamed as a riskIn 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 riskIn 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
Commodities and inputs
Regulators
Office of Foreign Assets Control (OFAC)
subject tonamed as a riskthe 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 riskOur 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 riskFailure 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 riskthe 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 riskthe 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 riskOne 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)
China and Russia data localization laws
subject tonamed as a riskSeveral 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)