Vontier Corp (VNT)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 497,600 | 483,500 | 527,400 | 534,000 | 460,300 |
| Revenue | US$ in thousands | 2,970,600 | 3,081,000 | 3,083,800 | 2,921,100 | 2,671,300 |
| Pretax margin | 16.75% | 15.69% | 17.10% | 18.28% | 17.23% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $497,600K ÷ $2,970,600K
= 16.75%
Vontier Corp's pretax margin, a key financial ratio reflecting the company's efficiency in generating profits before taxes, has shown a fluctuating trend over the past five years. Beginning at 17.23% on December 31, 2020, the pretax margin improved slightly to 18.28% by December 31, 2021. However, in the subsequent years, the margin experienced a decline to 17.10% on December 31, 2022, followed by a further decrease to 15.69% by December 31, 2023.
The most recent data point on December 31, 2024, indicates a slight recovery in the pretax margin to 16.75%. It is important for Vontier Corp to closely monitor and manage its pretax margin to ensure sustainable profitability and operational efficiency. Further analysis of the factors influencing this ratio, such as revenue, expenses, and tax management, can provide insights into the company's financial health and performance.
Peer comparison
Dec 31, 2024