Forensic Analysis · Industrials / Manufacturing / Defense · as of Jun 27, 2026
Ralliant Corp (RAL)
A forensic read on Ralliant Corp built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
B · Sound & dependable
Forensic grade
Distress
Financial health
-2.8
Altman Z-score
Clean
Earnings quality
5
Forensic signals
-54.0%
ROE
$8.1B
Market cap
0.30%
Dividend yield
Ralliant Corp earns a B (Sound & dependable) forensic quality grade, and its Altman Z-score is -2.8, placing it in the Distress zone. 5 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-33%Return on invested capital.Return on invested capital is -33% and slipping from 19% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
107dInventory days.Days inventory outstanding moved from 99 to 107 FY2024→FY2025 (against cost of goods sold; inventory +7% vs -1% in cost of sales). Inventory is building a little faster than sales — watch for markdowns.
+0.0%/yrShare-count dilution.Diluted share count changed +0% over the last 2 years to FY2025 (+0.0%/yr). Roughly flat — buybacks are about offsetting stock comp, not shrinking the count. Per-share value isn't being meaningfully helped or hurt by the count.
3% of revStock-based comp load.Stock-based compensation ran 3% of revenue and 16% of free cash flow in FY2025 — about $0.50 per diluted share. Meaningful — reported free cash flow flatters the economics, since SBC is a real cost paid in shares.
$1.4BGoodwill impairments.Took $1.4B of goodwill writedowns across 1 year(s) (FY2025 ($1.4B)). Writedowns mean past acquisitions underperformed what was paid for them — worth weighing on capital-allocation skill.
Key fundamentals
Net Margin-59.1%
Debt / Equity0.70x
Free Cash Flow$358.4M
Latest Revenue$2.07B
Return on Equity-74.8%
Revenue Growth YoY-4.0%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on Ralliant Corp:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about RAL's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown