Filing Flows

Filing Flows › Ralliant (RAL) › Takeover & LBO

Is Ralliant (RAL) a takeover target?

A leveraged buyout does not work for Ralliant on its latest figures: it has no positive EBITDA to borrow against (−$981M over the last 12 months, on revenue of $2.3B). Historically 3.5% of companies with its figures were bought within a year (0.7× the average).

Share price$67.21
Market value$7.6B
Enterprise value$8.3B
Cash$366M
Debt$1.1B
Revenue, 12 months$2.3B
Revenue growth+10%
EBITDA, 12 months−$981M

Why a leveraged buyout does not fit

A leveraged buyout is paid for mostly with debt that the company's own cash flow repays. Ralliant's EBITDA over the last 12 months was −$981M on revenue of $2.3B, so there is nothing to lend against and nothing to repay a loan with: a buyer would have to pay almost entirely with its own money. That is the kind of deal another company — a strategic buyer that wants the products, the pipeline or the technology — makes, not a private-equity fund. The model therefore gives no buyout price.

What a takeover could cost

Takeovers in its sector paid a median premium of 40% over the share price before the deal (the middle half 14.7% to 60.2%), according to the 20 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Ralliant would cost about $94.09 a share, $10.6B for all its shares.

Premium%Price a shareAll shares
Low end (a quarter of deals paid less)14.7%$77.09$8.7B
Median40%$94.09$10.6B
High end (a quarter paid more)60.2%$107.67$12.1B

The odds, from history

Historically 3.5% of companies with its figures were bought within a year (0.7× the average). Its figures put it in decile 3 of 10 (10 = the most likely to be bought). The odds come from a model of every merger proxy, tender-offer response and going-private statement filed on EDGAR since 2011, set against each company's size, margins, debt, cash flow and growth the year before.

Ralliant's latest quarter

Ralliant, Q3 2026: revenue $620M (+17% year over year), operating margin 18.9%, net earnings $86.1M, operating cash flow $111M. The chart follows the revenue to costs, profit and cash.

Questions

Is Ralliant being acquired?

No headline, 8-K or 13D about a sale is on file in the last year.

Could private equity buy Ralliant?

A leveraged buyout does not work for Ralliant on its latest figures: it has no positive EBITDA to borrow against (−$981M over the last 12 months, on revenue of $2.3B). With no cash flow to repay a loan, a buyer would pay almost entirely with its own money: a deal for another company (a strategic buyer), not for a private-equity fund.

What would a takeover of Ralliant cost?

Takeovers in its sector paid a median premium of 40% over the share price before the deal (the middle half 14.7% to 60.2%), according to the 20 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Ralliant would cost about $94.09 a share, $10.6B for all its shares.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.