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Vontier (Vontier) Pretax Margin % : 21.54% (As of Mar. 2024)


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What is Vontier Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vontier's Pre-Tax Income for the three months ended in Mar. 2024 was $163 Mil. Vontier's Revenue for the three months ended in Mar. 2024 was $756 Mil. Therefore, Vontier's pretax margin for the quarter that ended in Mar. 2024 was 21.54%.

The historical rank and industry rank for Vontier's Pretax Margin % or its related term are showing as below:

VNT' s Pretax Margin % Range Over the Past 10 Years
Min: 15.62   Med: 17.86   Max: 20.97
Current: 17.48


VNT's Pretax Margin % is ranked better than
88.32% of 2465 companies
in the Hardware industry
Industry Median: 3.43 vs VNT: 17.48

Vontier Pretax Margin % Historical Data

The historical data trend for Vontier's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vontier Pretax Margin % Chart

Vontier Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 20.41 17.02 17.86 16.56 15.62

Vontier Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.03 17.05 15.67 15.77 21.54

Competitive Comparison of Vontier's Pretax Margin %

For the Scientific & Technical Instruments subindustry, Vontier's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vontier's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vontier's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Vontier's Pretax Margin % falls into.



Vontier Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Vontier's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=483.5/3095.2
=15.62 %

Vontier's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=162.8/755.8
=21.54 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vontier  (NYSE:VNT) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Vontier Pretax Margin % Related Terms

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Vontier (Vontier) Business Description

Traded in Other Exchanges
Address
5438 Wade Park Boulevard, Suite 600, Raleigh, NC, USA, 27607
Vontier, spun off from Fortive in 2020, is an industrial technology company with a portfolio of transportation and mobility solutions. The company offers a wide array of products and services, including fueling equipment, sensors, point-of-sale and payment systems, telematics, and equipment used by vehicle mechanics and technicians. Vontier generated approximately $3.2 billion in sales and $578 million in operating profit in 2022.
Executives
David M Foulkes director C/O BRUNSWICK CORPORATION, 26125 N RIVERWOOD BLVD. SUITE 500, METTAWA IL 60045-3420
Anshooman Aga officer: SVP, Chief Financial Officer PO BOX 85587, SAN DIEGO CA 92186-5587
Christopher J Klein director 520 LAKE COOK ROAD, DEERFIELD IL 60015
Gloria R. Boyland director 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mark D Morelli officer: See Remarks 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Kathryn K. Rowen officer: See Remarks C/O VONTIER CORPORATION, 5420 WADE PARK BLVD., SUITE 206, RALEIGH NC 27607
Andrew Miller director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Aaron W Saak officer: Pres & CEO, Mobility Solutions C/O VONTIER CORPORATION, 5438 WADE PARK BLVD., SUITE 600, RALEIGH NC 27607
David H. Naemura officer: See Remarks C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Paul V. Shimp officer: VP, Chief Accounting Officer C/O VONTIER CORPORATION, 5438 WADE PARK BLVD., SUITE 600, RALEIGH NC 27607
Lynn Ross officer: See Remarks 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Maryrose Sylvester director C/O 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Robert L Eatroff director C/O VONTIER CORPORATION, 5438 WADE PARK BLVD STE 600, RALEIGH NC 27607
Karen C Francis director 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301
Andrew R. Nash officer: See Remarks C/O VONTIER CORPORATION, 5420 WADE PARK BLVD, SUITE 206, RALEIGH NC 27607