Vontier Corp (VNT)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 422,200 | 376,900 | 401,300 | 413,000 | 342,000 |
| Total assets | US$ in thousands | 4,310,500 | 4,294,000 | 4,343,300 | 4,349,800 | 3,073,000 |
| ROA | 9.79% | 8.78% | 9.24% | 9.49% | 11.13% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $422,200K ÷ $4,310,500K
= 9.79%
Based on the provided data, Vontier Corp's return on assets (ROA) has shown a gradual decline over the five-year period from December 31, 2020, to December 31, 2024.
Starting at 11.13% on December 31, 2020, the ROA decreased to 9.49% by December 31, 2021, and further dropped to 9.24% by December 31, 2022. Continuing this trend, the ROA stood at 8.78% by December 31, 2023, representing a consistent decline in the company's ability to generate profits from its assets.
However, there was a slight improvement in the ROA by December 31, 2024, reaching 9.79%, which may indicate a potential positive turnaround in the company's asset utilization efficiency.
Overall, the downward trend in ROA from 2020 to 2023 suggests that Vontier Corp may need to focus on optimizing its asset management strategies to enhance profitability and efficiency. The slight increase in ROA by the end of 2024 is a positive sign, but further monitoring and strategic measures may be necessary to sustain and improve this level of performance.
Peer comparison
Dec 31, 2024