Veralto vs PTC
Side-by-side comparison of AI visibility scores, market position, and capabilities
Veralto Corporation (VLTO) reported ~$5.1B revenue in FY2024. Water quality and product quality analytics company spun off from Danaher in 2023. HQ: Waltham, MA.
About
Veralto Corporation is a global leader in water quality and product quality analytics, spun off from Danaher Corporation in September 2023. The company operates through two segments: Water Quality (water testing instruments, treatment solutions, and sensing systems) and Product Quality & Innovation (color and appearance measurement, coding and marking, and packaging inspection). Its brands include Hach (water testing), ChemTreat (industrial water treatment chemicals), Trojan Technologies (UV water purification), Pantone and X-Rite (color management), Videojet (coding/marking), and Esko (packaging workflow software).
Boston industrial CAD/PLM software (NASDAQ: PTC); FY2025 8.5% ARR growth, Kepware/ThingWorx IoT divested to TPG (Nov 2025) under new CEO Neil Barua competing with Siemens Teamcenter for discrete manufacturer PLM.
About
PTC Inc. is a Boston, Massachusetts-based industrial software company — publicly traded on NASDAQ (NASDAQ: PTC) as an S&P 500 component — providing computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), service lifecycle management (SLM), and industrial IoT software to manufacturers across aerospace, defense, automotive, medical devices, and industrial machinery. In FY2025 (fiscal year ended September 30, 2025), PTC reported 8.5% ARR growth and 16% free cash flow growth, with Q4 FY2025 revenue up 39% in constant currency and 18% year-over-year. CEO Neil Barua took over from long-tenured CEO James Heppelmann in February 2024 and introduced the "Barua Blueprint" refocusing PTC on its core CAD/PLM/ALM/SLM strengths. In November 2025, PTC announced the divestiture of its industrial IoT assets — Kepware and ThingWorx — to TPG, sharpening its portfolio around design and lifecycle management software. PTC's product portfolio includes Creo (3D parametric CAD for mechanical engineers), Windchill (PLM for product data and process management), Onshape (cloud-native CAD platform), and Arena (cloud-native PLM/QMS).
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