Ralliant (RAL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Ralliant

NYSE•Technology•Electronic Components

$67.58+2.00(0.03%)Pre-market

Market Cap

$7.57B

P/S

2.8x

P/B

4.9x

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.

How this company scores

AverageMetricSide Score: 45/100

Strongest: Cash & Earnings Quality (18/25); weakest: Profitability (3/25).

Profitability3/25

Growth13/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality18/25

Strengths

Cash-backed earningsConsistent growthImproving marginsNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 2.8x5y range 1.8x – 2.8x

P/B · 4.9x5y range 1.6x – 4.9x

Currently above its 5-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Leverage Risk

Watch

Debt-to-equity has risen 98.2% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $7.57B

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.67B
Q. Revenue: $567.80M
TTM EBITDA: $-886.70M
TTM Op. Income: $-1.09B
Q. Op. Income: $82.20M
TTM Net Income: $-1.17B
Q. Net Income: $57.20M
EPS: $0.51
Shares Out.: $111.40M

$2.67B in TTM revenue grew from zero YoY, reaching $567.80M last quarter. TTM EBITDA of $-886.70M and TTM operating income of $-1.09B show growth is flowing through to the bottom line. However, net income is negative at $1.17B — growth is not yet reaching the bottom line. Across the last 5 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 51.6%
EBITDA Margin: 25.0%
Op. Margin: 14.5%
Net Margin: 10.1%

Op. margin of 14.5% is up 2.8% YoY — cost efficiency is improving. Net margin at 10.1% and gross margin of 51.6% show how much of each revenue dollar survives to profit. Across the last 5 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 2.8x
P/B Ratio: 4.9x

P/S of 2.8x and P/B of 4.9x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.71B
Cash: $270.90M
Long-Term Debt: $1.15B
Book Value: $1.53B
D/E Ratio: 0.7
Debt/EBITDA: 8.1

With $3.71B in assets and $1.15B in long-term debt, D/E is 0.7and book value is $1.53B — a conservative capital structure with a cushion to weather downturns. Across the last 5 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $124.60M
TTM Free Cash Flow: $478.30M
FCF Margin: 17.9%
FCF / Net Income: -0.4

TTM FCF of $478.30M on $124.60M in operating cash flow. The FCF / Net Income ratio of -0.4x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is up 0% — a weakening trend.