Is the business good?
How good a business is RAL?
Ralliant Corporation earns −38% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
−38%
Return on invested capital · cost of capital 9.0% · 47 points below what the capital costs: growth destroys value
- Operating margin
- −56%
Operating margin · Electronic Components median 9.6% · 12 months to Q1 2026
- Share count, year on year
- +0.44%
Share count, year on year · flat: no meaningful dilution
- R&D as % of revenue
- 7.9%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2023 | 24% |
| FY2024 | 21% |
| FY2025 | −57% |
Details›
- Gross margin12 months to Q1 2026
- 50%
- Operating margin12 months to Q1 2026
- −56%
- Net margin12 months to Q1 2026
- −59%
- Free cash flow margin
- 14%
- R&D as % of revenue
- 7.9%
- Revenue, trailing twelve months
- $2.12B
- Free cash flow, trailing twelve months
- $302M
- Net income, trailing twelve months
- −$1.24B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −38%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Electronic Components
Ranks #3 of 23 by Smart Score