Vontier Corporation (VNT) 10-Year Financial Performance & Capital Metrics

VNT • • Industrial / General

TechnologyTech Hardware & EquipmentSpecialized Industrial SystemsEnergy Management & Charging Systems

AboutVontier Corporation engages in the research and development, manufacture, sale, and distribution of technical equipment, components, software, and services for manufacturing, repairing, and servicing in the mobility infrastructure industry worldwide. The company offers a range of solutions, including environmental sensors, fueling equipment, field payment hardware, point-of sale, workflow and monitoring software, vehicle tracking and fleet management, software solutions for traffic light control, and vehicle mechanics', and technicians' equipment. Its mobility technologies products include solutions and services in the areas of fuel dispensing, remote fuel management, point-of-sale and payment systems, environmental compliance, vehicle tracking and fleet management, and traffic management; and diagnostics and repair technologies products comprise vehicle repair tools, toolboxes, automotive diagnostic equipment, and software, as well as wheel-service equipment for automotive tire installation and repair shops, including brake lathes, tire changers, wheel balancers, and wheel weights under the Ammco and Coats brands. The company markets its products and services to retail and commercial fueling operators, convenience store and in-bay car wash operators, tunnel car wash and commercial vehicle repair businesses, municipal governments, and public safety entities and fleet owners/operators through a network of franchised mobile distributors, as well as direct sales personnel and independent distributors. It serves customers in North America, the Asia Pacific, Europe, and Latin America. The company was incorporated in 2019 and is headquartered in Raleigh, North Carolina.Show more

Revenue $2.98B -3.8%
EBITDA $664M -0.6%
Net Income $422M +12.0%
EPS (Diluted) 2.75 +13.6%
Gross Margin 47.8% +3.4%
EBITDA Margin 22.29% +3.2%
Operating Margin 18.03% +2.7%
Net Margin 14.17% +16.4%
ROE 43.18% -15.5%
ROIC 13.88% +0.7%
Debt/Equity 2.07 -20.9%
Interest Coverage 7.19 +24.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 54.6%
✓Strong Piotroski F-Score: 8/9
✓Healthy 5Y average net margin of 13.1%

✗Weaknesses

✗High debt to equity ratio of 2.1x

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y1.45%

3Y-0.13%

TTM1.76%

Profit (Net Income) CAGR

10Y-

5Y-0.66%

3Y0.74%

TTM0.3%

EPS CAGR

10Y-

5Y1.21%

3Y4.21%

TTM4.6%

ROCE

10Y Avg20.11%

5Y Avg18.17%

3Y Avg16.32%

Latest15.93%

Peer Comparison

Energy Management & Charging Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
VNTVontier Corporation	5.64B	38.88	14.14	-3.75%	13.34%	32.77%	6.11%	2.07
WBXWallbox N.V.	48.88M	2.99	-4.15	13.72%	-84.91%	-347.74%		3.75

Profit & Loss

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.5B	2.67B	2.77B	2.7B	2.99B	3.18B	3.1B	2.98B
Revenue Growth %	-	0.07%	0.04%	-0.02%	0.11%	0.06%	-0.03%	-0.04%
Cost of Goods Sold+	1.43B	1.53B	1.58B	1.52B	1.66B	1.76B	1.66B	1.55B
COGS % of Revenue	0.57%	0.57%	0.57%	0.56%	0.55%	0.55%	0.54%	0.52%
Gross Profit+	1.07B	1.14B	1.19B	1.19B	1.33B	1.43B	1.43B	1.42B
Gross Margin %	0.43%	0.43%	0.43%	0.44%	0.45%	0.45%	0.46%	0.48%
Gross Profit Growth %	-	0.06%	0.05%	-0%	0.12%	0.07%	0%	-0%
Operating Expenses+	572M	635.5M	627.7M	719.9M	750.9M	850.4M	887.8M	887.1M
OpEx % of Revenue	0.23%	0.24%	0.23%	0.27%	0.25%	0.27%	0.29%	0.3%
Selling, General & Admin	445.8M	499.3M	491.3M	508.4M	621.6M	619.5M	643.1M	618M
SG&A % of Revenue	0.18%	0.19%	0.18%	0.19%	0.21%	0.19%	0.21%	0.21%
Research & Development	126.2M	136.2M	136.4M	126.2M	129.3M	144.6M	163.5M	177.7M
R&D % of Revenue	0.05%	0.05%	0.05%	0.05%	0.04%	0.05%	0.05%	0.06%
Other Operating Expenses	-600K	-700K	-600K	85.3M	-300K	86.3M	81.2M	91.4M
Operating Income+	500.8M	499.6M	563.1M	468.2M	582.2M	577.9M	543.4M	537M
Operating Margin %	0.2%	0.19%	0.2%	0.17%	0.19%	0.18%	0.18%	0.18%
Operating Income Growth %	-	-0%	0.13%	-0.17%	0.24%	-0.01%	-0.06%	-0.01%
EBITDA+	566.9M	586M	647.6M	546.5M	670.5M	679.6M	668.4M	664.1M
EBITDA Margin %	0.23%	0.22%	0.23%	0.2%	0.22%	0.21%	0.22%	0.22%
EBITDA Growth %	-	0.03%	0.11%	-0.16%	0.23%	0.01%	-0.02%	-0.01%
D&A (Non-Cash Add-back)	66.1M	86.4M	84.5M	78.3M	88.3M	101.7M	125M	127.1M
EBIT	500.8M	499.6M	563.1M	470.3M	595.3M	597M	577.2M	572.3M
Net Interest Income+	8.4M	8.4M	3.3M	-10M	-47.8M	-69.6M	-93.7M	-74.7M
Interest Income	8.4M	8.4M	3.3M	0	0	0	0	0
Interest Expense	0	0	0	10M	47.8M	69.6M	93.7M	74.7M
Other Income/Expense	23.1M	7.7M	2.7M	-7.9M	-48.2M	-50.5M	-59.9M	-39.4M
Pretax Income+	523.9M	507.3M	565.8M	460.3M	534M	527.4M	483.5M	497.6M
Pretax Margin %	0.21%	0.19%	0.2%	0.17%	0.18%	0.17%	0.16%	0.17%
Income Tax+	150.6M	121.8M	129.3M	118.3M	121M	126.1M	106.6M	75.4M
Effective Tax Rate %	0.71%	0.76%	0.77%	0.74%	0.77%	0.76%	0.78%	0.85%
Net Income+	373.3M	385.5M	436.5M	342M	413M	401.3M	376.9M	422.2M
Net Margin %	0.15%	0.14%	0.16%	0.13%	0.14%	0.13%	0.12%	0.14%
Net Income Growth %	-	0.03%	0.13%	-0.22%	0.21%	-0.03%	-0.06%	0.12%
Net Income (Continuing)	373.3M	385.5M	436.5M	342M	413M	401.3M	376.9M	422.2M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	3.9M	3.1M	4.9M	3.9M	3.8M	3M	5.2M	8.8M
EPS (Diluted)+	2.20	2.27	2.59	2.02	2.43	2.49	2.42	2.75
EPS Growth %	-	0.03%	0.14%	-0.22%	0.2%	0.02%	-0.03%	0.14%
EPS (Basic)	2.23	2.29	2.59	2.03	2.44	2.50	2.43	2.76
Diluted Shares Outstanding	169.8M	169.7M	168.4M	169.4M	170.1M	161M	156M	153.8M
Basic Shares Outstanding	167.7M	168.3M	168.4M	168.4M	169M	160.5M	155.1M	152.8M
Dividend Payout Ratio	-	-	-	-	0.03%	0.04%	0.04%	0.04%

Balance Sheet

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	773.8M	861.6M	825.2M	1.18B	1.48B	1.39B	1.33B	1.37B
Cash & Short-Term Investments	0	0	0	380.5M	572.6M	225.8M	340.9M	356.4M
Cash Only	0	0	0	380.5M	572.6M	204.5M	340.9M	356.4M
Short-Term Investments	0	0	0	0	0	21.3M	0	0
Accounts Receivable	475.1M	531M	503.4M	447.1M	481.3M	527.1M	497.5M	526.1M
Days Sales Outstanding	69.41	72.7	66.28	60.34	58.74	60.42	58.67	64.46
Inventory	213.1M	250.4M	224.1M	233.7M	287M	346M	296.6M	337.8M
Days Inventory Outstanding	54.57	59.7	51.73	56.25	63.2	71.92	65.06	79.3
Other Current Assets	11.1M	0	3.9M	0	0	166.8M	197.5M	149.7M
Total Non-Current Assets+	2.11B	2.13B	2B	1.89B	2.87B	2.96B	2.96B	2.94B
Property, Plant & Equipment	199.2M	180.6M	139.7M	136.9M	146M	136.6M	149.3M	167M
Fixed Asset Turnover	12.54x	14.76x	19.84x	19.76x	20.48x	23.31x	20.73x	17.84x
Goodwill	1.13B	1.14B	1.16B	1.09B	1.67B	1.74B	1.74B	1.73B
Intangible Assets	322.8M	290.2M	274.3M	250.5M	615.9M	649.7M	568.3M	486.5M
Long-Term Investments	0	246.6M	262.5M	258.7M	324M	0	320.1M	342.4M
Other Non-Current Assets	459.9M	516.9M	431.9M	411.4M	442.5M	730.5M	181.4M	218.6M
Total Assets+	2.88B	2.99B	2.83B	3.07B	4.35B	4.34B	4.29B	4.31B
Asset Turnover	0.87x	0.89x	0.98x	0.88x	0.69x	0.73x	0.72x	0.69x
Asset Growth %	-	0.04%	-0.05%	0.09%	0.42%	-0%	-0.01%	0%
Total Current Liabilities+	671.1M	693.5M	667.5M	838.3M	933.4M	929.9M	955.3M	909.2M
Accounts Payable	307.7M	317.8M	318.6M	367.4M	424.9M	430.9M	366.8M	378.1M
Days Payables Outstanding	78.79	75.78	73.54	88.43	93.56	89.56	80.46	88.76
Short-Term Debt	9.6M	18.5M	16.8M	10.9M	3.7M	4.6M	106.6M	52.3M
Deferred Revenue (Current)	0	1000K	1000K	1000K	1000K	1000K	1000K	0
Other Current Liabilities	246.5M	165.2M	156.9M	202.4M	175.2M	315.7M	305M	401.9M
Current Ratio	1.15x	1.24x	1.24x	1.41x	1.58x	1.49x	1.39x	1.51x
Quick Ratio	0.84x	0.88x	0.90x	1.13x	1.28x	1.12x	1.08x	1.14x
Cash Conversion Cycle	45.19	56.63	44.47	28.16	28.38	42.77	43.27	55
Total Non-Current Liabilities+	461.6M	502.4M	345.3M	2.04B	2.84B	2.83B	2.44B	2.34B
Long-Term Debt	192.1M	222.5M	24.6M	1.8B	2.58B	2.59B	2.19B	2.09B
Capital Lease Obligations	3.4M	0	25.2M	30.5M	35.6M	34M	37.1M	36.6M
Deferred Tax Liabilities	0	0	138.2M	0	0	0	0	0
Other Non-Current Liabilities	266.1M	219.2M	94.1M	158.9M	167M	165.5M	163.4M	153.9M
Total Liabilities	1.13B	1.2B	1.01B	2.88B	3.78B	3.76B	3.4B	3.25B
Total Debt+	205.1M	241M	79.4M	1.85B	2.64B	2.64B	2.35B	2.2B
Net Debt	205.1M	241M	79.4M	1.47B	2.06B	2.43B	2.01B	1.84B
Debt / Equity	0.12x	0.13x	0.04x	9.66x	4.59x	4.55x	2.62x	2.07x
Debt / EBITDA	0.36x	0.41x	0.12x	3.38x	3.93x	3.88x	3.51x	3.31x
Net Debt / EBITDA	0.36x	0.41x	0.12x	2.69x	3.08x	3.58x	3.00x	2.77x
Interest Coverage	-	-	-	46.82x	12.18x	8.30x	5.80x	7.19x
Total Equity+	1.75B	1.79B	1.82B	191.3M	573.7M	579.5M	895.6M	1.06B
Equity Growth %	-	0.02%	0.01%	-0.89%	2%	0.01%	0.55%	0.18%
Book Value per Share	10.32	10.57	10.78	1.13	3.37	3.60	5.74	6.89
Total Shareholders' Equity	1.75B	1.79B	1.81B	187.4M	569.9M	576.5M	890.4M	1.05B
Common Stock	1.59B	1.66B	1.66B	0	0	0	0	0
Retained Earnings	0	1.66B	1.66B	-13.6M	386.7M	770.8M	1.13B	1.54B
Treasury Stock	0	0	0	0	0	-328M	-403.4M	-627M
Accumulated OCI	158.8M	126.3M	148.7M	193.8M	181.7M	106.1M	104.9M	56M
Minority Interest	3.9M	3.1M	4.9M	3.9M	3.8M	3M	5.2M	8.8M

Cash Flow

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	363.8M	421M	545.2M	691.3M	481.1M	321.2M	455M	427.5M
Operating CF Margin %	0.15%	0.16%	0.2%	0.26%	0.16%	0.1%	0.15%	0.14%
Operating CF Growth %	-	0.16%	0.3%	0.27%	-0.3%	-0.33%	0.42%	-0.06%
Net Income	373.3M	385.5M	436.5M	342M	413M	401.3M	376.9M	422.2M
Depreciation & Amortization	66.1M	86.4M	84.5M	78.3M	88.3M	118.9M	125M	127.1M
Stock-Based Compensation	11.8M	13.8M	13.1M	22.5M	25.5M	24.3M	31.5M	31.6M
Deferred Taxes	2.2M	5.8M	12.8M	82.6M	-3.3M	-41.2M	0	-32.8M
Other Non-Cash Items	-15.3M	200K	-12.7M	800K	13.6M	29.1M	-31M	-1.1M
Working Capital Changes	-74.3M	-64.9M	11M	165.1M	-56M	-211.2M	-47.4M	-119.5M
Change in Receivables	-136.6M	-193.6M	-111.9M	-92.8M	-140.4M	-217.2M	-148.1M	-203.9M
Change in Inventory	13.2M	-37.9M	25.3M	-7M	-34.6M	-74.3M	48.9M	-48.5M
Change in Payables	-4M	16M	2M	44.1M	45.6M	21.3M	-66.8M	14.9M
Cash from Investing+	-258.3M	-122.6M	-40.3M	-41.7M	-1.01B	-329.9M	69.3M	-11.4M
Capital Expenditures	-68.4M	-42.4M	-38M	-35.7M	-47.8M	-60M	-60.1M	-82.7M
CapEx % of Revenue	0.03%	0.02%	0.01%	0.01%	0.02%	0.02%	0.02%	0.03%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	500K	600K	100K	3.5M	-4.1M	12.2M	4.5M	71.1M
Cash from Financing+	-114.8M	-290.5M	-499.8M	-283.9M	725.5M	-347.9M	-387.8M	-392.3M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	-12.7M	-15.9M	-15.5M	-15.2M
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	-118.2M	-315.6M	-306.8M	-2.06B	-41.3M	-4.4M	500K	2.1M
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	295.4M	378.6M	507.2M	655.6M	433.3M	261.2M	394.9M	344.8M
FCF Margin %	0.12%	0.14%	0.18%	0.24%	0.14%	0.08%	0.13%	0.12%
FCF Growth %	-	0.28%	0.34%	0.29%	-0.34%	-0.4%	0.51%	-0.13%
FCF per Share	1.74	2.23	3.01	3.87	2.55	1.62	2.53	2.24
FCF Conversion (FCF/Net Income)	0.97x	1.09x	1.25x	2.02x	1.16x	0.80x	1.21x	1.01x
Interest Paid	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	21.31%	21.75%	24.19%	34.07%	107.97%	69.6%	51.1%	43.18%
Return on Invested Capital (ROIC)	19.19%	18.78%	21.5%	19.76%	20.33%	15.34%	13.78%	13.88%
Gross Margin	42.94%	42.58%	42.96%	43.93%	44.57%	44.85%	46.24%	47.8%
Net Margin	14.94%	14.46%	15.75%	12.65%	13.81%	12.6%	12.18%	14.17%
Debt / Equity	0.12x	0.13x	0.04x	9.66x	4.59x	4.55x	2.62x	2.07x
Interest Coverage	-	-	-	46.82x	12.18x	8.30x	5.80x	7.19x
FCF Conversion	0.97x	1.09x	1.25x	2.02x	1.16x	0.80x	1.21x	1.01x
Revenue Growth	-	6.71%	3.98%	-2.44%	10.58%	6.48%	-2.8%	-3.75%

Revenue by Segment

	2020	2021	2022	2023	2024
Product	2.46B	2.71B	2.87B	2.78B	2.67B
Product Growth	-	10.28%	5.96%	-3.35%	-3.95%
Service	244.7M	278M	310.1M	317.1M	310.6M
Service Growth	-	13.61%	11.55%	2.26%	-2.05%
Mobility Technologies	2.09B	2.26B	2.44B	-	-
Mobility Technologies Growth	-	8.20%	8.05%	-	-
Retail Fueling Hardware	822.9M	879.9M	854.5M	-	-
Retail Fueling Hardware Growth	-	6.93%	-2.89%	-	-
Diagnostics and Repair Technologies	617.1M	732.1M	743.9M	-	-
Diagnostics and Repair Technologies Growth	-	18.64%	1.61%	-	-
Auto Repair	526.9M	634.4M	646.1M	-	-
Auto Repair Growth	-	20.40%	1.84%	-	-
Retail Solutions	375.9M	416.8M	610.6M	-	-
Retail Solutions Growth	-	10.88%	46.50%	-	-
Service and Other Recurring Revenue	445.3M	484.8M	474.2M	-	-
Service and Other Recurring Revenue Growth	-	8.87%	-2.19%	-	-
Environmental	235.7M	272.6M	288.6M	-	-
Environmental Growth	-	15.66%	5.87%	-	-
Software-As-A-Service	181.6M	185.2M	175.1M	-	-
Software-As-A-Service Growth	-	1.98%	-5.45%	-	-
Alternative Energy	-	64.8M	86.7M	-	-
Alternative Energy Growth	-	-	33.80%	-	-
Smart Cities	32.4M	37.6M	39.3M	-	-
Smart Cities Growth	-	16.05%	4.52%	-	-
Other Solution	59.7M	14.6M	9.3M	-	-
Other Solution Growth	-	-75.54%	-36.30%	-	-
E-mobility	24.2M	-	-	-	-
E-mobility Growth	-	-	-	-	-

Revenue by Geography

	2020	2021	2022	2023	2024
North America	1.9B	2.13B	2.38B	2.29B	2.13B
North America Growth	-	12.26%	11.82%	-4.00%	-7.03%
High Growth Markets	432.9M	454.1M	419.1M	426.5M	461.9M
High Growth Markets Growth	-	4.90%	-7.71%	1.77%	8.30%
Western Europe	255.7M	266.1M	242.6M	253M	256.1M
Western Europe Growth	-	4.07%	-8.83%	4.29%	1.23%
Countries Excluding North America, Western Europe, and High Growth Markets	117.7M	139.4M	139.7M	128.1M	134.2M
Countries Excluding North America, Western Europe, and High Growth Markets Growth	-	18.44%	0.22%	-8.30%	4.76%

Frequently Asked Questions

Valuation & Price

Vontier Corporation (VNT) has a price-to-earnings (P/E) ratio of 14.1x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Vontier Corporation (VNT) reported $3.04B in revenue for fiscal year 2024. This represents a 22% increase from $2.50B in 2017.

Vontier Corporation (VNT) saw revenue decline by 3.8% over the past year.

Yes, Vontier Corporation (VNT) is profitable, generating $406.1M in net income for fiscal year 2024 (14.2% net margin).

Dividend & Returns

Yes, Vontier Corporation (VNT) pays a dividend with a yield of 0.25%. This makes it attractive for income-focused investors.

Vontier Corporation (VNT) has a return on equity (ROE) of 43.2%. This is excellent, indicating efficient use of shareholder capital.

Vontier Corporation (VNT) generated $414.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

Vontier Corporation (VNT) 10-Year Financial Performance & Capital Metrics

VNT • • Industrial / General

TechnologyTech Hardware & EquipmentSpecialized Industrial SystemsEnergy Management & Charging Systems

Revenue $2.98B -3.8%
EBITDA $664M -0.6%
Net Income $422M +12.0%
EPS (Diluted) 2.75 +13.6%
Gross Margin 47.8% +3.4%
EBITDA Margin 22.29% +3.2%
Operating Margin 18.03% +2.7%
Net Margin 14.17% +16.4%
ROE 43.18% -15.5%
ROIC 13.88% +0.7%
Debt/Equity 2.07 -20.9%
Interest Coverage 7.19 +24.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 54.6%
✓Strong Piotroski F-Score: 8/9
✓Healthy 5Y average net margin of 13.1%

✗Weaknesses

✗High debt to equity ratio of 2.1x

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y1.45%

3Y-0.13%

TTM1.76%

Profit (Net Income) CAGR

10Y-

5Y-0.66%

3Y0.74%

TTM0.3%

EPS CAGR

10Y-

5Y1.21%

3Y4.21%

TTM4.6%

ROCE

10Y Avg20.11%

5Y Avg18.17%

3Y Avg16.32%

Latest15.93%

Peer Comparison

Energy Management & Charging Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
VNTVontier Corporation	5.64B	38.88	14.14	-3.75%	13.34%	32.77%	6.11%	2.07
WBXWallbox N.V.	48.88M	2.99	-4.15	13.72%	-84.91%	-347.74%		3.75

Profit & Loss

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.5B	2.67B	2.77B	2.7B	2.99B	3.18B	3.1B	2.98B
Revenue Growth %	-	0.07%	0.04%	-0.02%	0.11%	0.06%	-0.03%	-0.04%
Cost of Goods Sold+	1.43B	1.53B	1.58B	1.52B	1.66B	1.76B	1.66B	1.55B
COGS % of Revenue	0.57%	0.57%	0.57%	0.56%	0.55%	0.55%	0.54%	0.52%
Gross Profit+	1.07B	1.14B	1.19B	1.19B	1.33B	1.43B	1.43B	1.42B
Gross Margin %	0.43%	0.43%	0.43%	0.44%	0.45%	0.45%	0.46%	0.48%
Gross Profit Growth %	-	0.06%	0.05%	-0%	0.12%	0.07%	0%	-0%
Operating Expenses+	572M	635.5M	627.7M	719.9M	750.9M	850.4M	887.8M	887.1M
OpEx % of Revenue	0.23%	0.24%	0.23%	0.27%	0.25%	0.27%	0.29%	0.3%
Selling, General & Admin	445.8M	499.3M	491.3M	508.4M	621.6M	619.5M	643.1M	618M
SG&A % of Revenue	0.18%	0.19%	0.18%	0.19%	0.21%	0.19%	0.21%	0.21%
Research & Development	126.2M	136.2M	136.4M	126.2M	129.3M	144.6M	163.5M	177.7M
R&D % of Revenue	0.05%	0.05%	0.05%	0.05%	0.04%	0.05%	0.05%	0.06%
Other Operating Expenses	-600K	-700K	-600K	85.3M	-300K	86.3M	81.2M	91.4M
Operating Income+	500.8M	499.6M	563.1M	468.2M	582.2M	577.9M	543.4M	537M
Operating Margin %	0.2%	0.19%	0.2%	0.17%	0.19%	0.18%	0.18%	0.18%
Operating Income Growth %	-	-0%	0.13%	-0.17%	0.24%	-0.01%	-0.06%	-0.01%
EBITDA+	566.9M	586M	647.6M	546.5M	670.5M	679.6M	668.4M	664.1M
EBITDA Margin %	0.23%	0.22%	0.23%	0.2%	0.22%	0.21%	0.22%	0.22%
EBITDA Growth %	-	0.03%	0.11%	-0.16%	0.23%	0.01%	-0.02%	-0.01%
D&A (Non-Cash Add-back)	66.1M	86.4M	84.5M	78.3M	88.3M	101.7M	125M	127.1M
EBIT	500.8M	499.6M	563.1M	470.3M	595.3M	597M	577.2M	572.3M
Net Interest Income+	8.4M	8.4M	3.3M	-10M	-47.8M	-69.6M	-93.7M	-74.7M
Interest Income	8.4M	8.4M	3.3M	0	0	0	0	0
Interest Expense	0	0	0	10M	47.8M	69.6M	93.7M	74.7M
Other Income/Expense	23.1M	7.7M	2.7M	-7.9M	-48.2M	-50.5M	-59.9M	-39.4M
Pretax Income+	523.9M	507.3M	565.8M	460.3M	534M	527.4M	483.5M	497.6M
Pretax Margin %	0.21%	0.19%	0.2%	0.17%	0.18%	0.17%	0.16%	0.17%
Income Tax+	150.6M	121.8M	129.3M	118.3M	121M	126.1M	106.6M	75.4M
Effective Tax Rate %	0.71%	0.76%	0.77%	0.74%	0.77%	0.76%	0.78%	0.85%
Net Income+	373.3M	385.5M	436.5M	342M	413M	401.3M	376.9M	422.2M
Net Margin %	0.15%	0.14%	0.16%	0.13%	0.14%	0.13%	0.12%	0.14%
Net Income Growth %	-	0.03%	0.13%	-0.22%	0.21%	-0.03%	-0.06%	0.12%
Net Income (Continuing)	373.3M	385.5M	436.5M	342M	413M	401.3M	376.9M	422.2M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	3.9M	3.1M	4.9M	3.9M	3.8M	3M	5.2M	8.8M
EPS (Diluted)+	2.20	2.27	2.59	2.02	2.43	2.49	2.42	2.75
EPS Growth %	-	0.03%	0.14%	-0.22%	0.2%	0.02%	-0.03%	0.14%
EPS (Basic)	2.23	2.29	2.59	2.03	2.44	2.50	2.43	2.76
Diluted Shares Outstanding	169.8M	169.7M	168.4M	169.4M	170.1M	161M	156M	153.8M
Basic Shares Outstanding	167.7M	168.3M	168.4M	168.4M	169M	160.5M	155.1M	152.8M
Dividend Payout Ratio	-	-	-	-	0.03%	0.04%	0.04%	0.04%

Balance Sheet

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	773.8M	861.6M	825.2M	1.18B	1.48B	1.39B	1.33B	1.37B
Cash & Short-Term Investments	0	0	0	380.5M	572.6M	225.8M	340.9M	356.4M
Cash Only	0	0	0	380.5M	572.6M	204.5M	340.9M	356.4M
Short-Term Investments	0	0	0	0	0	21.3M	0	0
Accounts Receivable	475.1M	531M	503.4M	447.1M	481.3M	527.1M	497.5M	526.1M
Days Sales Outstanding	69.41	72.7	66.28	60.34	58.74	60.42	58.67	64.46
Inventory	213.1M	250.4M	224.1M	233.7M	287M	346M	296.6M	337.8M
Days Inventory Outstanding	54.57	59.7	51.73	56.25	63.2	71.92	65.06	79.3
Other Current Assets	11.1M	0	3.9M	0	0	166.8M	197.5M	149.7M
Total Non-Current Assets+	2.11B	2.13B	2B	1.89B	2.87B	2.96B	2.96B	2.94B
Property, Plant & Equipment	199.2M	180.6M	139.7M	136.9M	146M	136.6M	149.3M	167M
Fixed Asset Turnover	12.54x	14.76x	19.84x	19.76x	20.48x	23.31x	20.73x	17.84x
Goodwill	1.13B	1.14B	1.16B	1.09B	1.67B	1.74B	1.74B	1.73B
Intangible Assets	322.8M	290.2M	274.3M	250.5M	615.9M	649.7M	568.3M	486.5M
Long-Term Investments	0	246.6M	262.5M	258.7M	324M	0	320.1M	342.4M
Other Non-Current Assets	459.9M	516.9M	431.9M	411.4M	442.5M	730.5M	181.4M	218.6M
Total Assets+	2.88B	2.99B	2.83B	3.07B	4.35B	4.34B	4.29B	4.31B
Asset Turnover	0.87x	0.89x	0.98x	0.88x	0.69x	0.73x	0.72x	0.69x
Asset Growth %	-	0.04%	-0.05%	0.09%	0.42%	-0%	-0.01%	0%
Total Current Liabilities+	671.1M	693.5M	667.5M	838.3M	933.4M	929.9M	955.3M	909.2M
Accounts Payable	307.7M	317.8M	318.6M	367.4M	424.9M	430.9M	366.8M	378.1M
Days Payables Outstanding	78.79	75.78	73.54	88.43	93.56	89.56	80.46	88.76
Short-Term Debt	9.6M	18.5M	16.8M	10.9M	3.7M	4.6M	106.6M	52.3M
Deferred Revenue (Current)	0	1000K	1000K	1000K	1000K	1000K	1000K	0
Other Current Liabilities	246.5M	165.2M	156.9M	202.4M	175.2M	315.7M	305M	401.9M
Current Ratio	1.15x	1.24x	1.24x	1.41x	1.58x	1.49x	1.39x	1.51x
Quick Ratio	0.84x	0.88x	0.90x	1.13x	1.28x	1.12x	1.08x	1.14x
Cash Conversion Cycle	45.19	56.63	44.47	28.16	28.38	42.77	43.27	55
Total Non-Current Liabilities+	461.6M	502.4M	345.3M	2.04B	2.84B	2.83B	2.44B	2.34B
Long-Term Debt	192.1M	222.5M	24.6M	1.8B	2.58B	2.59B	2.19B	2.09B
Capital Lease Obligations	3.4M	0	25.2M	30.5M	35.6M	34M	37.1M	36.6M
Deferred Tax Liabilities	0	0	138.2M	0	0	0	0	0
Other Non-Current Liabilities	266.1M	219.2M	94.1M	158.9M	167M	165.5M	163.4M	153.9M
Total Liabilities	1.13B	1.2B	1.01B	2.88B	3.78B	3.76B	3.4B	3.25B
Total Debt+	205.1M	241M	79.4M	1.85B	2.64B	2.64B	2.35B	2.2B
Net Debt	205.1M	241M	79.4M	1.47B	2.06B	2.43B	2.01B	1.84B
Debt / Equity	0.12x	0.13x	0.04x	9.66x	4.59x	4.55x	2.62x	2.07x
Debt / EBITDA	0.36x	0.41x	0.12x	3.38x	3.93x	3.88x	3.51x	3.31x
Net Debt / EBITDA	0.36x	0.41x	0.12x	2.69x	3.08x	3.58x	3.00x	2.77x
Interest Coverage	-	-	-	46.82x	12.18x	8.30x	5.80x	7.19x
Total Equity+	1.75B	1.79B	1.82B	191.3M	573.7M	579.5M	895.6M	1.06B
Equity Growth %	-	0.02%	0.01%	-0.89%	2%	0.01%	0.55%	0.18%
Book Value per Share	10.32	10.57	10.78	1.13	3.37	3.60	5.74	6.89
Total Shareholders' Equity	1.75B	1.79B	1.81B	187.4M	569.9M	576.5M	890.4M	1.05B
Common Stock	1.59B	1.66B	1.66B	0	0	0	0	0
Retained Earnings	0	1.66B	1.66B	-13.6M	386.7M	770.8M	1.13B	1.54B
Treasury Stock	0	0	0	0	0	-328M	-403.4M	-627M
Accumulated OCI	158.8M	126.3M	148.7M	193.8M	181.7M	106.1M	104.9M	56M
Minority Interest	3.9M	3.1M	4.9M	3.9M	3.8M	3M	5.2M	8.8M

Cash Flow

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	363.8M	421M	545.2M	691.3M	481.1M	321.2M	455M	427.5M
Operating CF Margin %	0.15%	0.16%	0.2%	0.26%	0.16%	0.1%	0.15%	0.14%
Operating CF Growth %	-	0.16%	0.3%	0.27%	-0.3%	-0.33%	0.42%	-0.06%
Net Income	373.3M	385.5M	436.5M	342M	413M	401.3M	376.9M	422.2M
Depreciation & Amortization	66.1M	86.4M	84.5M	78.3M	88.3M	118.9M	125M	127.1M
Stock-Based Compensation	11.8M	13.8M	13.1M	22.5M	25.5M	24.3M	31.5M	31.6M
Deferred Taxes	2.2M	5.8M	12.8M	82.6M	-3.3M	-41.2M	0	-32.8M
Other Non-Cash Items	-15.3M	200K	-12.7M	800K	13.6M	29.1M	-31M	-1.1M
Working Capital Changes	-74.3M	-64.9M	11M	165.1M	-56M	-211.2M	-47.4M	-119.5M
Change in Receivables	-136.6M	-193.6M	-111.9M	-92.8M	-140.4M	-217.2M	-148.1M	-203.9M
Change in Inventory	13.2M	-37.9M	25.3M	-7M	-34.6M	-74.3M	48.9M	-48.5M
Change in Payables	-4M	16M	2M	44.1M	45.6M	21.3M	-66.8M	14.9M
Cash from Investing+	-258.3M	-122.6M	-40.3M	-41.7M	-1.01B	-329.9M	69.3M	-11.4M
Capital Expenditures	-68.4M	-42.4M	-38M	-35.7M	-47.8M	-60M	-60.1M	-82.7M
CapEx % of Revenue	0.03%	0.02%	0.01%	0.01%	0.02%	0.02%	0.02%	0.03%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	500K	600K	100K	3.5M	-4.1M	12.2M	4.5M	71.1M
Cash from Financing+	-114.8M	-290.5M	-499.8M	-283.9M	725.5M	-347.9M	-387.8M	-392.3M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	-12.7M	-15.9M	-15.5M	-15.2M
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	-118.2M	-315.6M	-306.8M	-2.06B	-41.3M	-4.4M	500K	2.1M
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	295.4M	378.6M	507.2M	655.6M	433.3M	261.2M	394.9M	344.8M
FCF Margin %	0.12%	0.14%	0.18%	0.24%	0.14%	0.08%	0.13%	0.12%
FCF Growth %	-	0.28%	0.34%	0.29%	-0.34%	-0.4%	0.51%	-0.13%
FCF per Share	1.74	2.23	3.01	3.87	2.55	1.62	2.53	2.24
FCF Conversion (FCF/Net Income)	0.97x	1.09x	1.25x	2.02x	1.16x	0.80x	1.21x	1.01x
Interest Paid	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0

Key Ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	21.31%	21.75%	24.19%	34.07%	107.97%	69.6%	51.1%	43.18%
Return on Invested Capital (ROIC)	19.19%	18.78%	21.5%	19.76%	20.33%	15.34%	13.78%	13.88%
Gross Margin	42.94%	42.58%	42.96%	43.93%	44.57%	44.85%	46.24%	47.8%
Net Margin	14.94%	14.46%	15.75%	12.65%	13.81%	12.6%	12.18%	14.17%
Debt / Equity	0.12x	0.13x	0.04x	9.66x	4.59x	4.55x	2.62x	2.07x
Interest Coverage	-	-	-	46.82x	12.18x	8.30x	5.80x	7.19x
FCF Conversion	0.97x	1.09x	1.25x	2.02x	1.16x	0.80x	1.21x	1.01x
Revenue Growth	-	6.71%	3.98%	-2.44%	10.58%	6.48%	-2.8%	-3.75%

Revenue by Segment

	2020	2021	2022	2023	2024
Product	2.46B	2.71B	2.87B	2.78B	2.67B
Product Growth	-	10.28%	5.96%	-3.35%	-3.95%
Service	244.7M	278M	310.1M	317.1M	310.6M
Service Growth	-	13.61%	11.55%	2.26%	-2.05%
Mobility Technologies	2.09B	2.26B	2.44B	-	-
Mobility Technologies Growth	-	8.20%	8.05%	-	-
Retail Fueling Hardware	822.9M	879.9M	854.5M	-	-
Retail Fueling Hardware Growth	-	6.93%	-2.89%	-	-
Diagnostics and Repair Technologies	617.1M	732.1M	743.9M	-	-
Diagnostics and Repair Technologies Growth	-	18.64%	1.61%	-	-
Auto Repair	526.9M	634.4M	646.1M	-	-
Auto Repair Growth	-	20.40%	1.84%	-	-
Retail Solutions	375.9M	416.8M	610.6M	-	-
Retail Solutions Growth	-	10.88%	46.50%	-	-
Service and Other Recurring Revenue	445.3M	484.8M	474.2M	-	-
Service and Other Recurring Revenue Growth	-	8.87%	-2.19%	-	-
Environmental	235.7M	272.6M	288.6M	-	-
Environmental Growth	-	15.66%	5.87%	-	-
Software-As-A-Service	181.6M	185.2M	175.1M	-	-
Software-As-A-Service Growth	-	1.98%	-5.45%	-	-
Alternative Energy	-	64.8M	86.7M	-	-
Alternative Energy Growth	-	-	33.80%	-	-
Smart Cities	32.4M	37.6M	39.3M	-	-
Smart Cities Growth	-	16.05%	4.52%	-	-
Other Solution	59.7M	14.6M	9.3M	-	-
Other Solution Growth	-	-75.54%	-36.30%	-	-
E-mobility	24.2M	-	-	-	-
E-mobility Growth	-	-	-	-	-

Revenue by Geography

	2020	2021	2022	2023	2024
North America	1.9B	2.13B	2.38B	2.29B	2.13B
North America Growth	-	12.26%	11.82%	-4.00%	-7.03%
High Growth Markets	432.9M	454.1M	419.1M	426.5M	461.9M
High Growth Markets Growth	-	4.90%	-7.71%	1.77%	8.30%
Western Europe	255.7M	266.1M	242.6M	253M	256.1M
Western Europe Growth	-	4.07%	-8.83%	4.29%	1.23%
Countries Excluding North America, Western Europe, and High Growth Markets	117.7M	139.4M	139.7M	128.1M	134.2M
Countries Excluding North America, Western Europe, and High Growth Markets Growth	-	18.44%	0.22%	-8.30%	4.76%

Frequently Asked Questions

Valuation & Price

Vontier Corporation (VNT) has a price-to-earnings (P/E) ratio of 14.1x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Vontier Corporation (VNT) reported $3.04B in revenue for fiscal year 2024. This represents a 22% increase from $2.50B in 2017.

Vontier Corporation (VNT) saw revenue decline by 3.8% over the past year.

Yes, Vontier Corporation (VNT) is profitable, generating $406.1M in net income for fiscal year 2024 (14.2% net margin).

Dividend & Returns

Yes, Vontier Corporation (VNT) pays a dividend with a yield of 0.25%. This makes it attractive for income-focused investors.

Vontier Corporation (VNT) has a return on equity (ROE) of 43.2%. This is excellent, indicating efficient use of shareholder capital.

Vontier Corporation (VNT) generated $414.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.