Vontier Corp (VNT)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,246,100 | 1,829,600 | 1,992,200 | 2,164,100 | 2,296,000 | 1,445,100 | 1,446,000 | 1,446,000 | 1,428,300 | 1,399,700 | 1,386,200 | 1,356,600 | 1,333,100 |
| Revenue (ttm) | US$ in thousands | 2,992,600 | 2,992,500 | 3,008,700 | 3,112,800 | 3,100,500 | 3,179,200 | 3,181,800 | 3,158,900 | 3,134,400 | 3,074,800 | 3,055,300 | 2,985,100 | 2,922,900 |
| Gross profit margin | 75.06% | 61.14% | 66.21% | 69.52% | 74.05% | 45.45% | 45.45% | 45.78% | 45.57% | 45.52% | 45.37% | 45.45% | 45.61% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,246,100K ÷ $2,992,600K
= 75.06%
The gross profit margin of Vontier Corp has shown a relatively stable trend from December 31, 2021, to June 30, 2023, fluctuating within a narrow range between 45.37% and 45.78%. However, there was a significant increase in the gross profit margin to 74.05% by December 31, 2023, indicating improved profitability and efficient cost management.
Subsequently, there was a slight decline in the gross profit margin for the next three quarters, ending at 61.14% by September 30, 2024. This downward trend may suggest potential challenges or changes in the company's cost structure or pricing strategies.
Nonetheless, the gross profit margin spiked to 75.06% by December 31, 2024, indicating a notable recovery and potentially improved operational efficiency. It is essential for stakeholders to monitor future financial reports to assess the sustainability of this favorable trend and understand the factors driving the fluctuations in Vontier Corp's gross profit margin.
Peer comparison
Dec 31, 2024