Ralliant CorpRalliant Corp
Ralliant Corp

Ralliant Corp

RAL
Industrials·Electronic Equipment, Instruments & Components

Ralliant Corp. operates as a technology company that designs, develops and manufactures precision instruments & engineered products. It engages in two strategic segments: Test and Measurement, and Sensors and Safety Systems. The Test and Measurement segment provides test and measurement instruments, systems, software, and services. The Sensors and Safety Systems segment provides power grid monitoring solutions, safety systems for mission critical aero, defense and space applications, and sensing solutions for critical environments where uptime, precision and reliability are essential. The company was founded on September 26, 2024 and is headquartered in Raleigh, NC.

North Carolina; U.S.A
Market cap
$7.9BNo data
Revenue
$2.1B−4.0% YoY
Net income
$-1.2B−444.8% YoY
Free cash flow
$358.4M−25.4% YoY

Market

Listed stock
RALPriceNYSE
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Financial performance

Revenue
$2.1B−4.0% YoY
Operating income
$-1.2B−398.4% YoY
Net income
$-1.2B−444.8% YoY
Free cash flow
$358.4M−25.4% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2022 $2.1B, 2023 $2.2B, 2024 $2.2B, 2025 $2.1B. Operating income: 2022 $473.8M, 2023 $511.8M, 2024 $396.5M, 2025 $-1.2B. Net income: 2022 $370.7M, 2023 $416.8M, 2024 $354.6M, 2025 $-1.2B. Free cash flow: 2022 $360.9M, 2023 $439.4M, 2024 $480.4M, 2025 $358.4M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
-4.0%−394 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2022-12-31 $473.8M, 2023-12-31 $511.8M, 2024-12-31 $396.5M, 2025-12-31 $-1.2B. Net income: 2022-12-31 $370.7M, 2023-12-31 $416.8M, 2024-12-31 $354.6M, 2025-12-31 $-1.2B. Free cash flow: 2022-12-31 $360.9M, 2023-12-31 $439.4M, 2024-12-31 $480.4M, 2025-12-31 $358.4M

Growth heatmap

202320242025CAGR
Revenue
+3.2%
-0.0%
-4.0%
No data
Gross profit
+6.8%
-0.7%
-6.5%
No data
Operating income
+8.0%
-22.5%
-398.4%
No data
Free cash flow
+21.8%
+9.3%
-25.4%
No data

Earnings quality

Operating cash flow
$397.6M−12.5% YoY
Net income
$-1.2B−444.8% YoY
Free cash flow
$358.4M−25.4% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-31 -33%, 2024-12-31 128%, 2023-12-31 111%, 2022-12-31 106%. Free cash flow: 2025-12-31 -29%, 2024-12-31 135%, 2023-12-31 105%, 2022-12-31 97%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
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FCF / share
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Diluted shares
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Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
No dataNo data
Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
No dataNo data
Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
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Price to sales
No data
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EV / EBITDA
No data
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Free cash flow yield
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