Vontier Corp (VNT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 74.05% | 45.45% | 45.45% | 45.78% | 45.57% | 45.52% | 45.37% | 45.45% | 45.61% |
| Operating profit margin | 17.53% | 17.41% | 17.63% | 18.26% | 18.44% | 18.94% | 19.62% | 19.57% | 19.92% |
| Pretax margin | 15.59% | 14.47% | 12.82% | 10.09% | 16.83% | 18.67% | 21.76% | 24.54% | 18.27% |
| Net profit margin | 12.16% | 10.64% | 9.36% | 7.40% | 12.80% | 14.51% | 17.12% | 19.17% | 14.13% |
Vontier Corporation's profitability ratios have shown some fluctuations over the past eight quarters. The gross profit margin has been relatively stable, ranging between 44.75% and 46.24%, indicating consistent efficiency in generating revenue after accounting for the cost of goods sold.
The operating profit margin has displayed a declining trend from 19.27% in Q1 2022 to 17.56% in Q4 2023. This suggests that the company's operating expenses may have been increasing relative to its revenue generation during this period.
The pretax margin has been volatile, reaching a high of 24.16% in Q1 2022 and a low of 9.92% in Q1 2023. This fluctuation indicates potential variability in Vontier Corporation's profitability before accounting for taxes and interest expenses.
Similarly, the net profit margin has also shown fluctuations, with a downward trend from 18.88% in Q1 2022 to 12.18% in Q4 2023. This metric reflects the company's ability to convert revenue into net income, considering all expenses and taxes.
Overall, while Vontier Corporation has maintained a relatively stable gross profit margin, there are indications of decreasing profitability in terms of operating, pretax, and net profit margins over the analyzed period. It may be beneficial for the company to closely monitor and manage its expenses to improve its overall profitability in the future.
Return on investment
| 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 return on assets (Operating ROA) | 12.65% | 13.11% | 13.34% | 13.48% | 13.31% | 13.66% | 14.21% | 13.58% | 13.38% |
| Return on assets (ROA) | 8.78% | 8.02% | 7.08% | 5.47% | 9.24% | 10.46% | 12.40% | 13.31% | 9.49% |
| Return on total capital | 17.65% | 17.81% | 17.99% | 18.27% | 18.28% | 18.59% | 19.35% | 18.65% | 18.46% |
| Return on equity (ROE) | 42.33% | 44.56% | 42.77% | 36.76% | 69.61% | 89.68% | 104.79% | 104.38% | 72.47% |
Vontier Corporation's profitability ratios show varying trends over the past eight quarters.
1. Operating return on assets (Operating ROA) has remained relatively stable, fluctuating between 12.65% and 14.21%. This ratio indicates the company's ability to generate operating profits from its assets.
2. Return on assets (ROA) shows some fluctuation, ranging from 5.47% to 10.46%, with a downward trend in more recent quarters. ROA reflects the overall profitability of the company relative to its total assets.
3. Return on total capital has also shown some variability, with values ranging from 17.06% to 19.29%. This ratio assesses the company's efficiency in generating returns from all sources of capital.
4. Return on equity (ROE) has displayed significant fluctuations, with values ranging from 36.76% to 104.79%. ROE indicates the company's ability to generate profits from shareholder equity.
Overall, Vontier Corporation's profitability ratios demonstrate the company's ability to generate returns from its assets, capital, and equity. However, the fluctuations in some ratios suggest potential areas for further analysis to ensure sustained profitability and efficiency in the long term.