Ralliant Corporation (RAL) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RAL SEC filings page.
Ralliant Corporation (RAL) reported $2.2B in revenue over the twelve months to Jul 3, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue slipped just 4.0% in FY2025, yet operating economics deteriorated sharply as overhead rose and balance-sheet leverage increased.
The key mismatch is earnings versus cash: operating cash flow remained positive at$397.6M even as FY2025 reported a net loss of$1.22B . Because free cash flow still reached$358M , the accounting loss was not mirrored by cash generation, marking a major earnings-quality disconnect rather than a simple cash shortfall.
Gross margin fell only
The balance sheet also changed materially: total liabilities rose
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Ralliant Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Ralliant Corporation has an operating margin of -57.2%, meaning the company loses $57 on every $100 of revenue. This results in a profitability score of 10/100. This is down from 21.3% the prior year.
Ralliant Corporation's revenue declined 4.0% year-over-year, from $2.2B to $2.1B. This contraction results in a growth score of 24/100.
Ralliant Corporation carries a low D/E ratio of 0.38, meaning only $0.38 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 65/100, indicating a strong balance sheet with room for future borrowing.
Ralliant Corporation's current ratio of 0.84 is below the typical benchmark, resulting in a score of 13/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Ralliant Corporation converts 17.3% of revenue into free cash flow ($358.4M). This strong cash generation earns a score of 84/100.
Ralliant Corporation posts a -74.8% return on equity (ROE), meaning it loses $75 for every $100 of shareholders' equity. This results in a returns score of 13/100. This is down from 9.4% the prior year.
Ralliant Corporation scores 0.99, below the 1.81 distress threshold. The score is pulled down most by an operating loss of $1.2B against total assets of $3.8B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Ralliant Corporation passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 operating efficiency signals passes.
Ralliant Corporation reported a net loss of $1.2B while generating $397.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Ralliant Corporation reported an operating loss of $1.2B against $32.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Ralliant Corporation generated $567.8M in revenue in Q2 2026. This represents an increase of 12.8% from the same quarter a year earlier. Against the prior quarter it is up 6.2%.
Ralliant Corporation's EBITDA was $112.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 28.3% from the same quarter a year earlier. Against the prior quarter it is up 14.8%.
Ralliant Corporation reported $57.2M in net income in Q2 2026. This represents an increase of 20.2% from the same quarter a year earlier. Against the prior quarter it is up 29.4%.
Ralliant Corporation earned $0.51 per diluted share (EPS) in Q2 2026. This represents an increase of 21.4% from the same quarter a year earlier. Against the prior quarter it is up 30.8%.
Cash & Balance Sheet
Ralliant Corporation generated $99.1M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 34.3% from the same quarter a year earlier. Against the prior quarter it is up 852.9%.
Ralliant Corporation held $270.9M in cash against $1.1B in long-term debt as of Q2 2026.
Ralliant Corporation paid $0.05 per share in dividends in Q2 2026. It is unchanged from the prior quarter.
Margins & Returns
Ralliant Corporation's gross margin was 51.6% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 2.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.
Ralliant Corporation's operating margin was 14.5% in Q2 2026, reflecting core business profitability. This is up 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.
Ralliant Corporation's net profit margin was 10.1% in Q2 2026, showing the share of revenue converted to profit. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.
Ralliant Corporation's quarterly ROE was 3.7% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 2.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.
Capital Allocation
Ralliant Corporation invested $44.7M in research and development in Q2 2026. This represents an increase of 6.4% from the same quarter a year earlier. Against the prior quarter it is up 2.3%.
Ralliant Corporation spent $101.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 100.0%.
Ralliant Corporation invested $6.4M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 44.8% from the same quarter a year earlier. Against the prior quarter it is down 26.4%.
RAL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $567.8M+12.8% | $534.6M+11.0% | $554.6M | $529.1M-0.5% | $503.3M-5.7% | $481.8M | N/A | $531.7M |
| Cost of Revenue | $274.9M+7.8% | $262.3M+10.0% | $274.6M | $260.5M+3.4% | $255.0M-1.5% | $238.4M | N/A | $251.9M |
| Gross Profit | $292.9M+18.0% | $272.3M+11.9% | $280.0M | $268.6M-4.0% | $248.3M-9.6% | $243.4M | N/A | $279.8M |
| R&D Expenses | $44.7M+6.4% | $43.7M+5.8% | $42.9M | $38.8M-2.8% | $42.0M+8.2% | $41.3M | N/A | $39.9M |
| SG&A Expenses | $166.0M+12.6% | $160.5M+25.1% | $163.1M | $177.8M+38.2% | $147.4M+12.8% | $128.3M | N/A | $128.7M |
| Operating Income | $82.2M+39.6% | $68.1M-7.7% | -$1.4B | $52.0M-53.2% | $58.9M-44.0% | $73.8M | N/A | $111.2M |
| EBITDA | $112.3M+28.3% | $97.8M-2.9% | -$1.3B | $82.0M-41.1% | $87.5M-34.7% | $100.7M | N/A | $139.3M |
| Interest Expense | $13.8Mn/m | $14.7Mn/m | $16.0M | $16.3Mn/m | $0 | $0 | N/A | $0 |
| Income Tax | $11.3M0.0% | $8.7M-7.4% | -$9.9M | -$4.7M-123.5% | $11.3M-21.5% | $9.4M | N/A | $20.0M |
| Net Income | $57.2M+20.2% | $44.2M-30.8% | -$1.4B | $39.9M-56.1% | $47.6M-26.5% | $63.9M-45.0% | N/A | $90.9M |
| EPS (Basic) | $0.51+21.4% | $0.39-31.6% | -$12.18 | $0.35-56.8% | $0.42-26.3% | $0.57 | $0.74 | $0.81 |
| EPS (Diluted) | $0.51+21.4% | $0.39-31.6% | -$12.18 | $0.35-56.8% | $0.42-26.3% | $0.57 | $0.74 | $0.81 |
| Diluted Shares (Avg) | 113M-0.1% | 113M+0.4% | N/A | 113M+0.6% | 113M0.0% | 113M | N/A | 113M |
RAL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.7B-28.4% | $3.7B | $3.8B-19.0% | $5.3B | $5.2B | N/A | $4.7B | N/A |
| Current Assets | $972.0M+14.7% | $929.5M | $976.1M+57.8% | $976.9M | $847.1M | N/A | $618.6M | N/A |
| Cash & Equivalents | $270.9M+36.4% | $268.0Mn/m | $318.8Mn/m | $264.2Mn/m | $198.6Mn/m | $0 | $0 | $0 |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 |
| Inventory | $337.0M+12.6% | $321.3M | $301.6M+6.6% | $302.7M | $299.4M | N/A | $282.9M | N/A |
| Accounts Receivable | $291.8M+0.9% | $277.2M | $285.3M-2.9% | $309.7M | $289.3M | N/A | $293.8M | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 |
| Goodwill | $1.6B-48.2% | $1.6B | $1.7B-43.1% | $3.1B | $3.1B | N/A | $2.9B | N/A |
| Total Liabilities | $2.2B+1.6% | $2.1B | $2.2B+128.7% | $2.3B | $2.1B | N/A | $956.6M | N/A |
| Current Liabilities | $637.9M+19.6% | $579.0M | $1.2B+117.3% | $656.6M | $533.2M | N/A | $533.7M | N/A |
| Non-Current Liabilities | $1.5B-4.4% | $1.6B | $1.0B+143.0% | $1.6B | $1.6B | N/A | $422.9M | N/A |
| Long-Term Debt | $1.1B0.0% | $1.1B | $618.4Mn/m | $1.1B | $1.1B | N/A | $0 | N/A |
| Total Equity | $1.5B-49.5% | $1.6B-59.3% | $1.6B-56.6% | $3.0B-26.0% | $3.0B-23.7% | $3.8B-3.7% | $3.8B | $4.0B |
| Retained Earnings | -$1.3B | -$1.3B | -$1.3Bn/m | $34.3M | N/A | N/A | $0 | N/A |
RAL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $105.5M+23.5% | $19.1M-73.5% | $101.6M-36.9% | $138.6M+0.4% | $85.4M | $72.0M | $161.1M | $138.0M |
| Depreciation & Amortization | $30.1M+5.2% | $29.7M+10.4% | $30.0M+12.4% | $30.0M+6.8% | $28.6M-0.7% | $26.9M | $26.7M | $28.1M |
| Stock-Based Compensation | N/A | $11.1M+70.8% | N/A | $31.3M+421.7% | $8.1M+55.8% | $6.5M | N/A | $6.0M |
| Capital Expenditures | $6.4M-44.8% | $8.7M+55.4% | $10.0M-31.0% | $12.0M+96.7% | $11.6M | $5.6M | $14.5M | $6.1M |
| Free Cash Flow | $99.1M+34.3% | $10.4M-84.3% | $91.6M-37.5% | $126.6M-4.0% | $73.8M | $66.4M | $146.6M | $131.9M |
| Investing Cash Flow | -$5.8Mn/m | -$8.7Mn/m | -$10.0M-140.8% | -$12.0M-415.8% | -$11.6M | -$4.1M | $24.5M | $3.8M |
| Financing Cash Flow | -$97.4M-183.5% | -$59.1Mn/m | -$37.9Mn/m | -$60.9Mn/m | $116.7M | -$72.6M | -$173.4M | -$154.1M |
| Dividends Paid | $5.5Mn/m | $5.6Mn/m | $5.7Mn/m | $5.6M | $0 | $0 | $0 | N/A |
| Share Buybacks | $101.0Mn/m | $50.5Mn/m | N/A | N/A | $0 | $0 | N/A | N/A |
RAL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.6%+2.3pp | 50.9%+0.4pp | 50.5% | 50.8%-1.8pp | 49.3%-2.1pp | 50.5% | N/A | 52.6% |
| Operating Margin | 14.5%+2.8pp | 12.7%-2.6pp | -246.6% | 9.8%-11.1pp | 11.7%-8.0pp | 15.3% | N/A | 20.9% |
| Net Margin | 10.1%+0.6pp | 8.3%-5.0pp | -247.7% | 7.5%-9.6pp | 9.5%-2.7pp | 13.3% | N/A | 17.1% |
| Return on Equity | 3.7%+2.2pp | 2.8%+1.2pp | -84.1% | 1.4%-0.9pp | 1.6%-0.1pp | 1.7%-1.3pp | N/A | 2.3% |
| Return on Assets | 1.5%+0.6pp | 1.2% | -35.9% | 0.8% | 0.9% | N/A | N/A | N/A |
| Current Ratio | 1.52-0.1x | 1.61 | 0.84-0.3x | 1.49 | 1.59 | N/A | 1.16 | N/A |
| Debt-to-Equity | 0.75+0.4x | 0.73 | 0.38+0.4x | 0.39 | 0.38 | N/A | 0.00 | N/A |
| Liabilities-to-Equity | 1.42+0.7x | 1.36 | 1.34+1.1x | 0.78 | 0.70 | N/A | 0.25 | N/A |
| Asset Turnover | 0.15+0.1x | 0.14 | 0.15 | 0.10 | 0.10 | N/A | N/A | N/A |
| FCF Margin | 17.4%+2.8pp | 1.9%-11.8pp | 16.5% | 23.9%-0.9pp | 14.7% | 13.8% | N/A | 24.8% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: The current ratio is below 1.0 (0.84), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Ralliant Corporation RAL | FY2025 | $2.1B | -$1.2B | -59.1% | $7.4B | 35/100 |
| TTM Technologies Inc TTMI | FY2025 | $2.9B | $177.4M | 6.1% | $8.4B | 52/100 |
| OSI Systems Inc OSIS | FY2026 | $1.8B | $154.7M | 8.7% | $3.1B | 62/100 |
| Sanmina Corp SANM | FY2025 | $8.1B | $245.9M | 3.0% | $8.3B | 57/100 |
| Plexus Corp PLXS | FY2025 | $4.0B | $172.9M | 4.3% | $5.8B | 50/100 |
| Littelfuse Inc LFUS | FY2025 | $2.4B | -$71.7M | -3.0% | $8.9B | 55/100 |
Where Ralliant Corporation Ranks
Frequently Asked Questions
What is Ralliant Corporation's annual revenue?
Ralliant Corporation (RAL) reported $2.1B in total revenue for fiscal year 2025. This represents a -4.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Ralliant Corporation's revenue growing?
Ralliant Corporation (RAL) revenue declined by 4.0% year-over-year, from $2.2B to $2.1B in fiscal year 2025.
Is Ralliant Corporation profitable?
No, Ralliant Corporation (RAL) reported a net loss of $1.2B over the trailing 12 months to July 3, 2026. In fiscal year 2025 it reported a net loss of $1.2B, with a net profit margin of -59.1%.
What is Ralliant Corporation's EBITDA?
Ralliant Corporation (RAL) had EBITDA of -$1.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Ralliant Corporation have?
As of fiscal year 2025, Ralliant Corporation (RAL) had $318.8M in cash and equivalents against $618.4M in long-term debt.
What is Ralliant Corporation's gross margin?
Ralliant Corporation (RAL) had a gross margin of 50.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Ralliant Corporation's operating margin?
Ralliant Corporation (RAL) had an operating margin of -57.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Ralliant Corporation's net profit margin?
Ralliant Corporation (RAL) had a net profit margin of -59.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Ralliant Corporation pay dividends?
Yes, Ralliant Corporation (RAL) paid $0.10 per share in dividends during fiscal year 2025.
What is Ralliant Corporation's return on equity (ROE)?
Ralliant Corporation (RAL) has a return on equity of -74.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Ralliant Corporation's free cash flow?
Ralliant Corporation (RAL) generated $358.4M in free cash flow during fiscal year 2025. This represents a -14.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Ralliant Corporation's operating cash flow?
Ralliant Corporation (RAL) generated $397.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ralliant Corporation's total assets?
Ralliant Corporation (RAL) had $3.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Ralliant Corporation's capital expenditures?
Ralliant Corporation (RAL) invested $39.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Ralliant Corporation spend on research and development?
Ralliant Corporation (RAL) invested $165.0M in research and development during fiscal year 2025.
What is Ralliant Corporation's current ratio?
Ralliant Corporation (RAL) had a current ratio of 0.84 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Ralliant Corporation's debt-to-equity ratio?
Ralliant Corporation (RAL) had a debt-to-equity ratio of 0.38 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Ralliant Corporation's liabilities-to-equity ratio?
Ralliant Corporation (RAL) had a liabilities-to-equity ratio of 1.34 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Ralliant Corporation's return on assets (ROA)?
Ralliant Corporation (RAL) had a return on assets of -32.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Ralliant Corporation's P/E ratio?
Ralliant Corporation (RAL) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to July 3, 2026). The market capitalization is $7.4B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ralliant Corporation's price-to-sales ratio?
Ralliant Corporation (RAL) trades at 3.4x sales, its market capitalization divided by $2.2B revenue, trailing 12 months to July 3, 2026. The market capitalization is $7.4B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ralliant Corporation's Altman Z-Score?
Ralliant Corporation (RAL) has an Altman Z-Score of 0.99, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Ralliant Corporation's Piotroski F-Score?
Ralliant Corporation (RAL) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Ralliant Corporation's earnings high quality?
Ralliant Corporation (RAL) reported a net loss of $1.2B while generating $397.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Ralliant Corporation cover its interest payments?
Ralliant Corporation (RAL) reported an operating loss of $1.2B against $32.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Ralliant Corporation?
Ralliant Corporation (RAL) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.