Vontier (Vontier) ROCE % : 21.44% (As of Mar. 2024)

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What is Vontier ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Vontier's annualized ROCE % for the quarter that ended in Mar. 2024 was 21.44%.

Vontier ROCE % Historical Data

The historical data trend for Vontier's ROCE % 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.

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Vontier ROCE % Chart

Vontier Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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25.27

21.40

20.59

17.48

17.10

Vontier Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															15.62	18.26	17.00	17.62	21.44

Vontier ROCE % Calculation

Vontier's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	577.2	/	( ( (4343.3 - 929.9)	+	(4294 - 955.3) )	/ 2 )
	=	577.2	/	( (3413.4	+	3338.7)	/ 2 )
	=	577.2	/	3376.05
	=	17.10 %

Vontier's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	726.8	/	( ( (4294 - 955.3)	+	(4305.8 - 865.1) )	/ 2 )
	=	726.8	/	( ( 3338.7	+	3440.7 )	/ 2 )
	=	726.8	/	3389.7
	=	21.44 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Vontier (NYSE:VNT) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Vontier ROCE % Related Terms

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Vontier (Vontier) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vontier Corp (NYSE:VNT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

47O:Germany

Address

5438 Wade Park Boulevard, Suite 600, Raleigh, NC, USA, 27607

Website

https://www.vontier.com

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