Vontier Corp (VNT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 422,200 | 376,900 | 401,300 | 413,000 | 342,000 |
| Revenue | US$ in thousands | 2,970,600 | 3,081,000 | 3,083,800 | 2,921,100 | 2,671,300 |
| Net profit margin | 14.21% | 12.23% | 13.01% | 14.14% | 12.80% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $422,200K ÷ $2,970,600K
= 14.21%
Based on the data provided, Vontier Corp's net profit margin has shown fluctuations over the years. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses are deducted, was 12.80% as of December 31, 2020. Over the subsequent years, the net profit margin increased to 14.14% by December 31, 2021, indicating improved profitability. However, in the following years, there were fluctuations in the net profit margin, with values of 13.01% as of December 31, 2022, 12.23% as of December 31, 2023, and a rise to 14.21% as of December 31, 2024.
These fluctuations in the net profit margin suggest that Vontier Corp's profitability has been variable over the years, potentially impacted by changes in revenue, expenses, or other economic factors. It is essential for the company to continue monitoring and analyzing its net profit margin to ensure sustainable and consistent profitability in the long run.
Peer comparison
Dec 31, 2024