Ralliant Corp RAL

Technology SIC 3823 - Industrial Instruments For Measurement, Display, and Control NAICS Manufacturing › Computer and Electronic Product Manufacturing › Navigational, Measuring, Electromedical, and Control Instruments Manufacturing › Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables derived NYSE

Ralliant Corporation ("Ralliant," the "Company," or "it") is a global technology company with businesses that design, develop, manufacture, and service precision instruments and highly engineered products. Ralliant empowers engineers with precision technologies essential for breakthrough innovation in an electrified and digital world, enabling its customers to bring advanced technologies to market faster and more efficiently. Its strategic segments – Test and Measurement and Sensors and Safety Systems – include well-known brands with prominent positions across a range of attractive end markets. The Company is headquartered in Raleigh, North Carolina, and has a global team of approximately 7,000 employees with solutions that are used in more than 90 countries by over 90,000 customers.

Last close 66.49 2026-10-23
Market cap $7.36B 2026-07-03 share count
52-week range 37.27 - 75.41

Valuation FY2025 figures against the last close

P/S3.6x
P/E—
P/FCF20.5x
EV/EBITDA—
Dividend yield0.2%
Diluted EPS-10.84

Where the revenue comes from as reported in the latest 10-K

Revenue by segment

  • Sensors and Safety Systems
  • Test and Measurement
Revenue by segment, 2 categories over 3 years. The same figures are in the table below. FY2025 Sensors and Safety Systems, FY2025: 1.3B (61.3%) 61% Sensors and Safety Systems Test and Measurement, FY2025: 801.5M (38.7%) 39% Test and Measurement FY2024 Sensors and Safety Systems, FY2024: 1.2B (56.5%) 56% Test and Measurement, FY2024: 937.5M (43.5%) 44% FY2023 Sensors and Safety Systems, FY2023: 1.2B (56.3%) 56% Test and Measurement, FY2023: 941.3M (43.7%) 44%
Segment FY2025FY2024FY2023
Sensors and Safety Systems $1.27B $1.22B $1.21B
Test and Measurement $801.5M $937.5M $941.3M

As the company reported it, from the “SEGMENT INFORMATION - Schedule of Segment Reporting Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022
Revenue $2.07B$2.15B$2.16B—
Cost of revenue $1.03B$1.04B$1.04B—
Gross profit $1.04B$1.11B$1.12B—
R&D $165.0M$163.5M$161.5M—
SG&A $616.6M$552.1M$446.4M—
Total operating expenses $781.6M$715.6M$607.9M—
Operating income -$1.18B$459.6M$511.8M—
Interest expense $32.3M$0$0—
Pre-tax income -$1.22B$432.6M$509.8M—
Income tax $6.1M$78.0M$93.0M—
Net income -$1.22B$354.6M$416.8M—
EPS, basic -10.843.153.70—
EPS, diluted -10.843.153.70—
Shares, diluted (wtd. avg.) 112.8M112.7M112.7M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022
Cash and equivalents $318.8M$0$0$0
Receivables $285.3M$293.8M——
Inventory $301.6M$282.9M——
Total current assets $976.1M$618.6M——
Property, plant and equipment $214.2M$200.2M——
Goodwill $1.67B$2.94B$1.86B—
Other intangibles $795.2M$809.6M——
Total assets $3.82B$4.72B——
Short-term debt $530.4M$0——
Total current liabilities $1.16B$533.7M——
Long-term debt $618.4M$0——
Total liabilities $2.19B$956.6M——
Retained earnings -$1.35B$0——
Total equity $1.63B$3.76B$2.26B$2.26B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022
Operating cash flow $397.6M$454.5M$461.8M—
Depreciation and amortisation $115.5M$113.0M$30.7M—
Stock-based compensation $56.2M$24.5M$25.0M—
Capital expenditure $39.2M$34.3M$29.2M—
Investing cash flow -$37.7M-$1.71B-$22.4M—
Financing cash flow -$54.7M$1.26B-$431.7M—
Dividends paid $11.3M$0$0—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0002041385-26-000035.

Plot the figures US dollars

  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B -1B 0 1B 2B 3B Revenue, FY2023: 2.2B Gross profit, FY2023: 1.1B Net income, FY2023: 416.8M Revenue, FY2024: 2.2B Gross profit, FY2024: 1.1B Net income, FY2024: 354.6M Revenue, FY2025: 2.1B Gross profit, FY2025: 1B Net income, FY2025: -1.2B FY2022 FY2023 FY2024 FY2025
Fiscal year FY2022FY2023FY2024FY2025
Revenue — $2.16B $2.15B $2.07B
Gross profit — $1.12B $1.11B $1.04B
Net income — $416.8M $354.6M -$1.22B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Other event Item 8.01
  • Material agreement signed Item 1.01
  • New debt or obligation Item 2.03

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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