Ralliant (RAL)
Information Technology · Precision instruments and test equipment
Ralliant is a global precision technology company spun from Fortive that designs and manufactures test, measurement, and sensor products for engineers driving semiconductor, electrification, and digitization innovation.
What Ralliant does
Ralliant Corporation is a global technology company that designs, develops, manufactures, and services precision instruments and highly engineered products through two strategic segments: Test and Measurement, and Sensors and Safety Systems. The company serves over 90,000 customers across more than 90 countries with approximately 7,000 employees, leveraging roughly 2,200 active patents and an engineer-to-engineer business model. Ralliant was spun off from Fortive Corporation as an independent public company on June 28, 2025, and operates under the Ralliant Business System (RBS), a continuous improvement methodology combining lean operational excellence, innovation, and leadership disciplines.
Themes: ["Semiconductor equipment and tools","Electrification and EV infrastructure","Test and measurement instrumentation","Sensors and safety systems","Industrial digitization"]
Fundamentals
- Price$69.98 as of 2026-07-09 close
- Market cap$7.8B as of 2026-07-10
- 1-year return+43.6% as of 2026-07-09 close
- Net margin-58.5% as of 2026-07-10
- Gross margin+50.4% as of 2026-07-10
- ROE-54.0% as of 2026-07-10
- Debt / equity0.73 as of 2026-07-10
- Revenue growth (YoY)+11.0% as of 2026-07-10
- Revenue CAGR (3y)-2.0% SEC XBRL
- Beta0.98 as of 2026-07-10
Dividend: yield +0.3%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Heavy exposure to semiconductor, datacenter, and capital-intensive end markets that face cyclical demand and economic sensitivity, with customers concentrated in leading technology companies","Significant goodwill and intangible assets ($2.4 billion combined) on balance sheet create impairment risk if business performance deteriorates or integration challenges arise post-separation","As a newly independent company post-spin from Fortive (June 2025), Ralliant faces execution risks in standalone operations, including establishing independent IT, finance, legal, and supply chain infrastructure previously provided by parent"]
Competitors & peers
- Keysight Technologies
- Rohde & Schwarz
- Teledyne Technologies
- Viavi Solutions
- Fortive Corporation (former parent)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.