Vontier Corp (VNT)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 376,900 | 338,400 | 297,900 | 233,900 | 401,300 | 446,000 | 523,200 | 572,200 | 413,000 | |||
| Total stockholders’ equity | US$ in thousands | 890,400 | 759,500 | 696,500 | 636,300 | 576,500 | 497,300 | 499,300 | 548,200 | 569,900 | 470,600 | 345,500 | 264,300 |
| ROE | 42.33% | 44.56% | 42.77% | 36.76% | 69.61% | 89.68% | 104.79% | 104.38% | 72.47% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $376,900K ÷ $890,400K
= 42.33%
The return on equity (ROE) for Vontier Corporation has shown variability over the past eight quarters. ROE measures a company's profitability by indicating how efficiently it is generating profits from its shareholders' equity. In the most recent quarter of Q4 2023, the ROE was 42.33%, a decrease from the previous quarter's 44.56%. This decline suggests that Vontier may be slightly less efficient in utilizing its equity to generate profits.
Looking further back, in Q1 2023, the ROE was 36.76%, which was lower compared to the recent quarters. However, in Q2 and Q3 2023, Vontier's ROE improved to 42.77% and 44.56%, respectively, indicating better profitability and efficiency during that period.
Comparing the current ROE figures to those of a year ago reveals a significant decline in profitability. In Q4 2022, Vontier had an ROE of 69.61%, demonstrating a decrease in profitability over time. The trend continues with lower ROE figures of 89.68%, 104.79%, and 104.38% in the preceding quarters of 2022.
Overall, the recent fluctuations in Vontier Corporation's ROE highlight the importance of monitoring the company's profitability and efficiency in utilizing shareholder equity. Further analysis of the factors influencing these changes would be necessary to understand the company's performance in more detail.
Peer comparison
Dec 31, 2023