Vontier Corp (VNT)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 543,400 | 553,400 | 561,000 | 576,900 | 577,900 | 582,400 | 599,600 | 584,100 | 582,200 |
| 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 |
| Operating profit margin | 17.53% | 17.41% | 17.63% | 18.26% | 18.44% | 18.94% | 19.62% | 19.57% | 19.92% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $543,400K ÷ $3,100,500K
= 17.53%
Based on the data provided for Vontier Corporation's operating profit margin over the past eight quarters, there appears to be a consistent trend of gradual decline. The operating profit margin has decreased from 19.27% in Q1 2022 to 17.56% in Q4 2023.
This trend suggests that Vontier Corporation may be facing challenges in maintaining profitability relative to its operating costs and revenue generation. The decreasing operating profit margin could indicate potential inefficiencies in cost management or pricing strategies, which may be impacting the company's overall profitability.
It is important for Vontier Corporation to closely monitor and address the factors influencing its operating profit margin in order to ensure sustainable financial performance. Implementing measures to improve cost-efficiency, increase revenue streams, or optimize pricing structures could help the company enhance its profitability in the future. Additionally, conducting a thorough analysis of the underlying drivers contributing to the decline in operating profit margin may provide valuable insights for strategic decision-making and operational improvements.
Peer comparison
Dec 31, 2023