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Vontier (Vontier) Gross Profit : $1,431 Mil (TTM As of Dec. 2023)


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Vontier Gross Profit Definition

Vontier's gross profit for the three months ended in Dec. 2023 was $371 Mil. Vontier's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,431 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vontier's gross profit for the three months ended in Dec. 2023 was $371 Mil. Vontier's Revenue for the three months ended in Dec. 2023 was $789 Mil. Therefore, Vontier's Gross Margin % for the quarter that ended in Dec. 2023 was 47.03%.

Vontier had a gross margin of 47.03% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of Vontier was 46.24%. The lowest was 42.58%. And the median was 43.93%.


Vontier Gross Profit Historical Data

The historical data trend for Vontier's Gross Profit 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 Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 1,190.80 1,188.10 1,333.10 1,428.30 1,431.20

Vontier Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 385.00 353.00 348.10 359.00 371.10

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Vontier's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit Distribution

For the Hardware industry and Technology sector, Vontier's Gross Profit distribution charts can be found below:

* The bar in red indicates where Vontier's Gross Profit falls into.



Vontier Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

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

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=3095.2 - 1664
=1,431

Vontier's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=789 - 417.9
=371

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,431 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Vontier's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=371 / 789
=47.03 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Vontier  (NYSE:VNT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Vontier had a gross margin of 47.03% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Vontier Gross Profit 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