Logo

RAL

Ralliant Corp.

RAL

Ralliant Corp. • NYSE
$49.37 ▲ 1.21% (+0.59)
Market Cap $5.57 B
52w High $55.08
52w Low $40.70
Dividend Yield 0.20%
P/E 30.48
Volume 861.09K
Outstanding Shares 112.80M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $529.1M ▲ $216.6M ▲ $39.9M ▼ 7.541% ▼ $0.35 ▼ $81.5M ▼
Q2-2025 $503.3M ▲ $189.4M ▲ $47.6M ▼ 9.458% ▼ $0.42 ▼ $87.5M ▼
Q1-2025 $481.8M ▼ $169.9M ▲ $51M ▼ 10.585% ▼ $0.45 ▼ $100.4M ▼
Q2-2024 $533.7M ▼ $169.5M ▲ $64.8M ▼ 12.142% ▼ $0.57 ▼ $134M ▲
Q1-2024 $541.2M $134.8M $116.2M 21.471% $1.031 $107.4M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $264.2M ▲ $5.265B ▲ $2.301B ▲ $2.964B ▼
Q2-2025 $198.6M ▲ $5.177B ▲ $2.137B ▲ $3.04B ▲
Q1-2025 $150M $4.951B $2.101B $2.85B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $39.9M ▼ $138.6M ▲ $-12M ▼ $-60.9M ▼ $65.6M ▼ $126.6M ▲
Q2-2025 $47.6M ▼ $85.4M ▲ $-11.6M ▼ $116.7M ▲ $198.6M ▲ $73.8M ▲
Q1-2025 $63.9M ▼ $72M ▼ $-4.1M ▲ $-72.6M ▼ $0 $66.4M ▼
Q2-2024 $64.8M ▼ $96M ▲ $-23.6M ▲ $-69.1M ▼ $0 $86.4M ▲
Q1-2024 $116.2M $59.4M $-1.712B $1.658B $0 $55.3M

Five-Year Company Overview

Income Statement

Income Statement Ralliant’s income statement shows a business that is solidly profitable but not yet a fast grower. Revenue has been essentially flat over the last few years, which suggests a stable but mature demand profile rather than rapid expansion. Profitability is healthy, with strong gross and operating margins, but net income has slipped more recently, implying some pressure from higher costs, mix shifts, or spin‑off related items. Overall, this looks like a company with good earnings power that is still working on converting that into more consistent profit growth.

Balance Sheet

Balance Sheet The balance sheet looks conservative and robust. Assets and shareholders’ equity have stepped up meaningfully, reflecting the spin‑off and standalone structure, while financial debt remains very modest relative to the size of the business. That means low leverage and a good buffer against downturns. Reported cash is effectively missing in the data, so it is hard to judge true liquidity from this alone, but the combination of strong equity and low debt points to a solid financial foundation with room to invest without over‑stretching the balance sheet.

Cash Flow

Cash Flow Cash generation is a clear strength. Operating cash flow has been steady and comfortably positive, and free cash flow remains strong even after ongoing investment in equipment and development. Capital spending is relatively modest compared with the cash coming in, suggesting the business is not highly capital‑intensive. This pattern indicates that Ralliant can likely fund its own growth initiatives, support selective acquisitions, and still have flexibility for other capital uses, as long as cash conversion remains at similar levels.

Competitive Edge

Competitive Edge Competitively, Ralliant appears well positioned within test, measurement, and specialized sensors. It benefits from long‑established brands like Tektronix, a reputation for precision and reliability, and deep relationships with engineers who specify and use its equipment. A large installed base creates recurring service and upgrade opportunities and tends to make customers sticky. Its extensive patent portfolio and disciplined operating system add further barriers to entry. The main challenge is that these are attractive markets where capable global rivals also operate, so sustained differentiation, service quality, and execution will be crucial to maintain share and pricing power.

Innovation and R&D

Innovation and R&D Innovation is a core pillar of Ralliant’s story. The company is pushing advanced oscilloscopes and modular test systems designed for fast‑evolving areas such as artificial intelligence hardware, advanced communications, electrification, and defense. Its “engineer‑to‑engineer” model tightly links R&D with real customer needs, and a large patent portfolio underlines a long history of technical development. Management signals a pipeline of future product launches in both test and measurement and sensors and safety systems. The opportunity is meaningful, but success will depend on Ralliant’s ability to keep that innovation pace high and translate new products into commercial wins in competitive, technology‑driven markets.

Summary

Overall, Ralliant looks like a high‑quality, engineering‑driven industrial technology company with solid profitability, a conservative balance sheet, and strong cash generation. Its main financial watchpoints are relatively slow recent revenue growth and some recent compression in net profitability. Strategically, it leans on respected brands, deep customer relationships, and process discipline, while targeting structural growth themes such as grid modernization, defense technologies, and electrification. As a newly independent company, the key uncertainties are consistent execution of its business system, the effectiveness of capital allocation, and its ability to convert strong technical innovation into sustained, above‑trend growth over time.

NEWS

November 6, 2025 · 5:38 PM UTC

Ralliant to Present at Baird's 2025 Global Industrial Conference

Read more

November 5, 2025 · 5:16 PM UTC

Ralliant Reports Third Quarter 2025 Results

Read more

October 30, 2025 · 4:30 PM UTC

Ralliant Declares Regular Quarterly Dividend

Read more

October 9, 2025 · 4:47 PM UTC

Ralliant Announces Third Quarter 2025 Earnings Release and Conference Call Dates

Read more

September 17, 2025 · 9:00 AM UTC

Ralliant Showcases Breakthrough Innovation with New Tektronix Platforms

Read more