Ralliant Corp (RAL)

Ralliant Corporation engages in the design, development, manufacture, sale, and service of precision instruments and engineered products in the United States, China, and internationally. It operates through two segments, Test and Measurement; and Sensors and Safety Systems. The Test and Measurement segment provides precision test and measurement instruments, systems, software, and services markets under the TEKTRONIX, KEITHLEY INSTRUMENTS, SONIX, and EA ELECTRO-AUTOMATIK brand names. This segment offers a portfolio of industry solutions, including oscilloscopes, probes, source measuring units, semiconductor test systems, high-power bi-directional power supplies, and measurement analysis software packages. The Sensors and Safety Systems segment provides power grid monitoring solutions, safety systems for mission critical defense and space applications, and sensing solutions for critical environments, as well as sensing products encompassing liquid level, flow, and pressure sensors, motion sensors and components, and hygienic sensors. This segment markets its products under the QUALITROL, GEMS SENSORS, SETRA SYSTEMS, HENGSTLER DYNAPAR, ANDERSON-NEGELE, DOVER MOTION, SPECIALTY PRODUCT TECHNOLOGIES, and PACIFIC SCIENTIFIC ENERGETIC MATERIALS COMPANY. It serves semiconductor, diversified electronics, communications, utilities, defense and space, industrial manufacturing, and other industries. The company was formerly known as New Precision Technologies Company. Ralliant Corporation was incorporated in 2024 and is based in Raleigh, North Carolina.

Ticker
RAL
Exchange
NYSE
Sector
Technology
Industry
Electronic Components
Market cap
$7.50B
52-week range
$37.27 - $75.41

Valuation

Share price
$67.68 (close of Nov 6, 2026)
P/E (TTM)
-6.45x
Price to book
4.64x
Price to free cash flow
24.75x
Enterprise value
$8.28B
Book value per share
$14.59

Price performance

PeriodChange
1 day+7.72%
5 days+0.70%
1 month-8.37%
3 months+2.62%
6 months+43.94%
Year to date+32.94%
1 year+44.43%
All time+42.48%

Short interest

As of
Oct 15, 2026
Short % of float
6.71%
Shares short
4.80M
Days to cover
3.11
Change since prior report
-10.25%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
-74.80%
Return on invested capital
-41.40%
Return on assets
-31.99%
Return on capital employed
-44.44%
Gross margin
50.29%
Net margin
-59.09%
EBITDA margin
-51.60%
Revenue growth
-3.99%
Free cash flow growth
-14.71%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.04%
Current ratio
1.65x
Net debt to EBITDA
-0.80x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$2.07B
Cost of revenue
$1.03B
Gross profit
$1.04B
EBITDA
-$1.07B
Net income
-$1.22B
Earnings per share
$-10.84
Research and development
$165.00M
Interest expense
$32.30M
Shares outstanding
112.80M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$2.07B$1.04B-$1.22B-$10.84
2024-12-31$2.15B$1.11B$354.60M$3.15
2023-12-31$2.16B$1.12B$416.80M$3.70

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3150.29%-59.09%-74.80%-41.40%
2024-12-3151.61%16.46%9.42%9.95%
2023-12-3151.94%19.33%18.44%18.15%

Cash and debt by year

Period endCashDebt
2025-12-31$318.80M$618.40M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$358.40M$56.20M
2024-12-31$420.20M$24.50M
2023-12-31$432.60M$25.00M
2022-12-31$360.90M$20.30M

Dividend history

Most recent payment
Sep 8, 2026
Paid in the last twelve months
$0.20
Payment dateDividend per share
2026-09-08$0.05
2026-06-08$0.05
2026-03-09$0.05
2025-12-08$0.05
2025-09-08$0.05

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-11-04Sep 2026$0.77
2026-07-30Jun 2026$0.63
2026-05-12Mar 2026$0.50
2026-02-04Dec 2025$0.67
2025-11-05Sep 2025$0.58
2025-08-11Jun 2025$0.60

Filings and sources

Company website
ralliant.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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