AVAV vs. VLTO: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AVAV and VLTO, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
VLTO’s market capitalization of 25.72 billion USD is significantly greater than AVAV’s 11.24 billion USD, highlighting its more substantial market valuation.
With betas of 0.81 for AVAV and 1.15 for VLTO, both stocks show similar sensitivity to overall market movements.
| Symbol | AVAV | VLTO |
|---|---|---|
| Company Name | AeroVironment, Inc. | Veralto Corporation |
| Country | US | US |
| Sector | Industrials | Industrials |
| Industry | Aerospace & Defense | Industrial - Pollution & Treatment Controls |
| CEO | Wahid Nawabi | Jennifer L. Honeycutt |
| Price | 246.23 USD | 103.75 USD |
| Market Cap | 11.24 billion USD | 25.72 billion USD |
| Beta | 0.81 | 1.15 |
| Exchange | NASDAQ | NYSE |
| IPO Date | January 23, 2007 | October 4, 2023 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AVAV and VLTO by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
AVAV
5.06%
Aerospace & Defense Industry
- Max
- 42.57%
- Q3
- 16.67%
- Median
- 8.39%
- Q1
- -0.77%
- Min
- -23.36%
AVAV’s Return on Equity of 5.06% is on par with the norm for the Aerospace & Defense industry, indicating its profitability relative to shareholder equity is typical for the sector.
VLTO
43.92%
Industrial - Pollution & Treatment Controls Industry
- Max
- 43.92%
- Q3
- 31.35%
- Median
- 18.20%
- Q1
- 10.35%
- Min
- 9.96%
In the upper quartile for the Industrial - Pollution & Treatment Controls industry, VLTO’s Return on Equity of 43.92% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Return on Invested Capital
AVAV
4.16%
Aerospace & Defense Industry
- Max
- 23.42%
- Q3
- 8.86%
- Median
- 5.47%
- Q1
- -5.60%
- Min
- -22.46%
AVAV’s Return on Invested Capital of 4.16% is in line with the norm for the Aerospace & Defense industry, reflecting a standard level of efficiency in generating profits from its capital base.
VLTO
17.55%
Industrial - Pollution & Treatment Controls Industry
- Max
- 22.72%
- Q3
- 15.77%
- Median
- 9.29%
- Q1
- 7.94%
- Min
- 7.79%
In the upper quartile for the Industrial - Pollution & Treatment Controls industry, VLTO’s Return on Invested Capital of 17.55% signifies a highly effective use of its capital to generate profits when compared to its peers.
Net Profit Margin
AVAV
5.54%
Aerospace & Defense Industry
- Max
- 22.67%
- Q3
- 8.04%
- Median
- 4.95%
- Q1
- -5.07%
- Min
- -16.58%
AVAV’s Net Profit Margin of 5.54% is aligned with the median group of its peers in the Aerospace & Defense industry. This indicates its ability to convert revenue into profit is typical for the sector.
VLTO
16.56%
Industrial - Pollution & Treatment Controls Industry
- Max
- 16.56%
- Q3
- 13.22%
- Median
- 11.10%
- Q1
- 9.26%
- Min
- 7.80%
A Net Profit Margin of 16.56% places VLTO in the upper quartile for the Industrial - Pollution & Treatment Controls industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
AVAV
5.18%
Aerospace & Defense Industry
- Max
- 22.01%
- Q3
- 11.49%
- Median
- 8.96%
- Q1
- 3.77%
- Min
- -4.96%
AVAV’s Operating Profit Margin of 5.18% is around the midpoint for the Aerospace & Defense industry, indicating that its efficiency in managing core business operations is typical for the sector.
VLTO
23.43%
Industrial - Pollution & Treatment Controls Industry
- Max
- 16.16%
- Q3
- 15.94%
- Median
- 15.45%
- Q1
- 13.88%
- Min
- 12.84%
VLTO’s Operating Profit Margin of 23.43% is exceptionally high, placing it well above the typical range for the Industrial - Pollution & Treatment Controls industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.
Profitability at a Glance
| Symbol | AVAV | VLTO |
|---|---|---|
| Return on Equity (TTM) | 5.06% | 43.92% |
| Return on Assets (TTM) | 3.89% | 13.15% |
| Return on Invested Capital (TTM) | 4.16% | 17.55% |
| Net Profit Margin (TTM) | 5.54% | 16.56% |
| Operating Profit Margin (TTM) | 5.18% | 23.43% |
| Gross Profit Margin (TTM) | 40.23% | 59.73% |
Financial Strength
Current Ratio
AVAV
3.52
Aerospace & Defense Industry
- Max
- 5.13
- Q3
- 3.36
- Median
- 2.16
- Q1
- 1.20
- Min
- 0.41
AVAV’s Current Ratio of 3.52 is in the upper quartile for the Aerospace & Defense industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
VLTO
2.19
Industrial - Pollution & Treatment Controls Industry
- Max
- 2.87
- Q3
- 2.63
- Median
- 2.23
- Q1
- 1.95
- Min
- 1.71
VLTO’s Current Ratio of 2.19 aligns with the median group of the Industrial - Pollution & Treatment Controls industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio
AVAV
0.04
Aerospace & Defense Industry
- Max
- 1.20
- Q3
- 0.73
- Median
- 0.51
- Q1
- 0.09
- Min
- 0.00
Falling into the lower quartile for the Aerospace & Defense industry, AVAV’s Debt-to-Equity Ratio of 0.04 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
VLTO
1.14
Industrial - Pollution & Treatment Controls Industry
- Max
- 2.22
- Q3
- 1.51
- Median
- 1.14
- Q1
- 0.31
- Min
- 0.06
VLTO’s Debt-to-Equity Ratio of 1.14 is typical for the Industrial - Pollution & Treatment Controls industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
AVAV
245.75
Aerospace & Defense Industry
- Max
- 12.62
- Q3
- 7.38
- Median
- 2.95
- Q1
- 1.68
- Min
- -6.68
With an Interest Coverage Ratio of 245.75, AVAV demonstrates a superior capacity to service its debt, placing it well above the typical range for the Aerospace & Defense industry. This stems from either robust earnings or a conservative debt load.
VLTO
11.04
Industrial - Pollution & Treatment Controls Industry
- Max
- 11.04
- Q3
- 10.64
- Median
- 8.76
- Q1
- 7.06
- Min
- 6.72
VLTO’s Interest Coverage Ratio of 11.04 is in the upper quartile for the Industrial - Pollution & Treatment Controls industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | AVAV | VLTO |
|---|---|---|
| Current Ratio (TTM) | 3.52 | 2.19 |
| Quick Ratio (TTM) | 2.69 | 1.92 |
| Debt-to-Equity Ratio (TTM) | 0.04 | 1.14 |
| Debt-to-Asset Ratio (TTM) | 0.03 | 0.40 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.11 | 1.06 |
| Interest Coverage Ratio (TTM) | 245.75 | 11.04 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AVAV and VLTO. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
AVAV
0.00%
Aerospace & Defense Industry
- Max
- 6.00%
- Q3
- 0.66%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
AVAV currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
VLTO
0.40%
Industrial - Pollution & Treatment Controls Industry
- Max
- 0.96%
- Q3
- 0.46%
- Median
- 0.40%
- Q1
- 0.00%
- Min
- 0.00%
VLTO’s Dividend Yield of 0.40% is consistent with its peers in the Industrial - Pollution & Treatment Controls industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio
AVAV
0.00%
Aerospace & Defense Industry
- Max
- 172.02%
- Q3
- 32.47%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
AVAV has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
VLTO
7.67%
Industrial - Pollution & Treatment Controls Industry
- Max
- 34.16%
- Q3
- 11.08%
- Median
- 6.71%
- Q1
- 0.00%
- Min
- 0.00%
VLTO’s Dividend Payout Ratio of 7.67% is within the typical range for the Industrial - Pollution & Treatment Controls industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | AVAV | VLTO |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.40% |
| Dividend Payout Ratio (TTM) | 0.00% | 7.67% |
Valuation
Price-to-Earnings Ratio
AVAV
158.45
Aerospace & Defense Industry
- Max
- 75.34
- Q3
- 54.40
- Median
- 38.63
- Q1
- 26.10
- Min
- 16.44
At 158.45, AVAV’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Aerospace & Defense industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
VLTO
29.43
Industrial - Pollution & Treatment Controls Industry
- Max
- 36.69
- Q3
- 31.81
- Median
- 29.46
- Q1
- 23.56
- Min
- 16.05
VLTO’s P/E Ratio of 29.43 is within the middle range for the Industrial - Pollution & Treatment Controls industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Forward P/E to Growth Ratio
AVAV
4.65
Aerospace & Defense Industry
- Max
- 10.68
- Q3
- 5.36
- Median
- 2.31
- Q1
- 1.47
- Min
- 0.01
AVAV’s Forward PEG Ratio of 4.65 is within the middle range of its peers in the Aerospace & Defense industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
VLTO
3.01
Industrial - Pollution & Treatment Controls Industry
- Max
- 3.43
- Q3
- 2.71
- Median
- 1.57
- Q1
- 0.68
- Min
- 0.12
A Forward PEG Ratio of 3.01 places VLTO in the upper quartile for the Industrial - Pollution & Treatment Controls industry. This suggests the stock is potentially expensive compared to its peers relative to its growth forecast, which may warrant caution.
Price-to-Sales Ratio
AVAV
14.27
Aerospace & Defense Industry
- Max
- 19.34
- Q3
- 9.54
- Median
- 2.71
- Q1
- 1.59
- Min
- 0.35
AVAV’s P/S Ratio of 14.27 is in the upper echelon for the Aerospace & Defense industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
VLTO
4.87
Industrial - Pollution & Treatment Controls Industry
- Max
- 4.88
- Q3
- 4.81
- Median
- 3.88
- Q1
- 2.58
- Min
- 1.72
VLTO’s P/S Ratio of 4.87 is in the upper echelon for the Industrial - Pollution & Treatment Controls industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio
AVAV
7.80
Aerospace & Defense Industry
- Max
- 16.08
- Q3
- 8.12
- Median
- 4.12
- Q1
- 2.69
- Min
- 0.69
AVAV’s P/B Ratio of 7.80 is within the conventional range for the Aerospace & Defense industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
VLTO
11.17
Industrial - Pollution & Treatment Controls Industry
- Max
- 11.18
- Q3
- 10.54
- Median
- 5.31
- Q1
- 3.82
- Min
- 3.50
VLTO’s P/B Ratio of 11.17 is in the upper tier for the Industrial - Pollution & Treatment Controls industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
Valuation at a Glance
| Symbol | AVAV | VLTO |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 158.45 | 29.43 |
| Forward PEG Ratio (TTM) | 4.65 | 3.01 |
| Price-to-Sales Ratio (P/S, TTM) | 14.27 | 4.87 |
| Price-to-Book Ratio (P/B, TTM) | 7.80 | 11.17 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | -821.15 | 29.90 |
| EV-to-EBITDA (TTM) | 188.22 | 20.68 |
| EV-to-Sales (TTM) | 14.26 | 5.13 |