Vontier Corp (VNT)
Net profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 376,900 | 338,400 | 297,900 | 233,900 | 401,300 | 446,000 | 523,200 | 572,200 | 413,000 |
| Revenue (ttm) | US$ in thousands | 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 |
| Net profit margin | 12.16% | 10.64% | 9.36% | 7.40% | 12.80% | 14.51% | 17.12% | 19.17% | 14.13% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $376,900K ÷ $3,100,500K
= 12.16%
The net profit margin of Vontier Corporation has shown a declining trend over the past eight quarters. The net profit margin was highest in Q1 2022 at 18.88% and has steadily decreased to 12.18% in Q4 2023. This decline indicates that the company's profitability relative to its revenue has been weakening over time. It is important for the company to closely monitor and analyze the factors contributing to this trend to identify areas for improvement and potential strategies to enhance profitability in the future.
Peer comparison
Dec 31, 2023