Vontier Corp (VNT)
Operating return on assets (Operating ROA)
| 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 | Sep 30, 2021 | Jun 30, 2021 | Mar 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 | |||
| Total assets | US$ in thousands | 4,294,000 | 4,221,900 | 4,205,600 | 4,278,500 | 4,343,300 | 4,263,700 | 4,219,200 | 4,300,100 | 4,349,800 | 4,171,600 | 3,339,700 | 3,284,100 |
| Operating ROA | 12.65% | 13.11% | 13.34% | 13.48% | 13.31% | 13.66% | 14.21% | 13.58% | 13.38% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $543,400K ÷ $4,294,000K
= 12.65%
The operating return on assets (operating ROA) for Vontier Corporation has shown a downward trend over the past four quarters. Starting at 13.31% in Q4 2022, the operating ROA declined to 12.65% in Q4 2023. Despite slight fluctuations in between, the trend indicates a decrease in the company's ability to generate operating income from its assets over this period. It is important for Vontier to closely monitor and potentially address the factors contributing to this decline in operating efficiency.
Peer comparison
Dec 31, 2023