Cash flow Vontier Corporation

Equities

VNT

US9288811014

Electronic Equipment & Parts

Market Closed - Nyse Other stock markets 04:00:02 2025-01-24 pm EST			5-day change	1st Jan Change
38.62 ^USD	-0.08%		+3.10%	+5.90%

Jan. 21	Teletrac Navman and Vontier Company, Unveils Significant Updates to Its Asset Tracker Portfolio	CI
Jan. 07	Vontier's Driivz to Offer Troubleshooting Services for EV Charge Point Operators	MT

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Published financial data: VONTIER CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	2.77B	2.7B	2.99B	3.18B	3.1B
Total Revenues	2.77B	2.7B	2.99B	3.18B	3.1B
Cost of Goods Sold, Total	1.58B	1.52B	1.66B	1.75B	1.65B
Gross Profit	1.19B	1.19B	1.34B	1.43B	1.44B
Selling General & Admin Expenses, Total	487M	504M	611M	695M	628M
R&D Expenses	136M	126M	129M	145M	164M
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	81.2M
Other Operating Expenses, Total	623M	630M	740M	840M	873M
Operating Income	569M	558M	595M	592M	569M
Interest Expense, Total	-	-10M	-51.2M	-69.6M	-93.7M
Interest And Investment Income	3.3M	-	-	-	-
Net Interest Expenses	3.3M	-10M	-51.2M	-69.6M	-93.7M
Other Non Operating Income (Expenses)	-100K	2.1M	-300K	-1.8M	300K
EBT, Excl. Unusual Items	573M	550M	544M	520M	475M
Restructuring Charges	-6.2M	-4.9M	-13.1M	-11.5M	-25.2M
Merger & Related Restructuring Charges	-	-	-	-2.5M	-
Impairment of Goodwill	-	-85.3M	-	-	-
Gain (Loss) On Sale Of Investments	-	-	3.3M	20.9M	-900K
Gain (Loss) On Sale Of Assets	-	-	-	-	34.4M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	566M	460M	534M	527M	484M
Income Tax Expense	129M	118M	121M	126M	107M
Earnings From Continuing Operations	437M	342M	413M	401M	377M
Net Income to Company	437M	342M	413M	401M	377M
Net Income - (IS)	437M	342M	413M	401M	377M
Net Income to Common Incl Extra Items	437M	342M	413M	401M	377M
Net Income to Common Excl. Extra Items	437M	342M	413M	401M	377M
Per Share Items
Net EPS - Basic	2.6	2.03	2.44	2.5	2.43
Basic EPS - Continuing Operations	2.6	2.03	2.44	2.5	2.43
Basic Weighted Average Shares Outstanding	168M	168M	169M	160M	155M
Net EPS - Diluted	2.6	2.02	2.43	2.49	2.42
Diluted EPS - Continuing Operations	2.6	2.02	2.43	2.49	2.42
Diluted Weighted Average Shares Outstanding	168M	169M	170M	161M	156M
Normalized Basic EPS	2.13	2.04	2.01	2.03	1.91
Normalized Diluted EPS	2.13	2.03	2	2.02	1.9
Dividend Per Share	-	-	0.08	0.1	0.1
Payout Ratio	-	-	3.08	3.96	4.11
Supplemental Items
EBITDA	654M	637M	683M	711M	694M
EBITA	601M	587M	638M	670M	650M
EBIT	569M	558M	595M	592M	569M
EBITDAR	676M	659M	704M	733M	718M
Total Revenues (As Reported)	2.77B	2.7B	2.99B	-	3.1B
Effective Tax Rate - (Ratio)	22.85	25.7	22.66	23.91	22.05
Current Domestic Taxes	97M	141M	151M	155M	131M
Current Foreign Taxes	19.5M	19.8M	15.5M	14.4M	15.1M
Total Current Taxes	116M	161M	167M	170M	146M
Deferred Domestic Taxes	14M	-34.4M	-35.5M	-28M	-25.8M
Deferred Foreign Taxes	-1.1M	-8.4M	-10.2M	-15.5M	-13.9M
Total Deferred Taxes	12.9M	-42.8M	-45.7M	-43.5M	-39.7M
Normalized Net Income	358M	344M	340M	325M	297M
Non-Cash Pension Expense	500K	600K	600K	700K	700K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	136M	126M	129M	145M	164M
Net Rental Expense, Total	22.1M	22.5M	21.5M	22.6M	23.9M
Imputed Operating Lease Interest Expense	-	1.87M	3.93M	4.77M	7.19M
Imputed Operating Lease Depreciation	-	20.63M	17.57M	17.83M	16.71M
Stock-Based Comp., SG&A Exp. (Total)	13.1M	22.5M	25.5M	24.3M	31.5M
Total Stock-Based Compensation	13.1M	22.5M	25.5M	24.3M	31.5M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	-	380M	573M	204M	341M
Short Term Investments	-	-	-	21.3M	-
Total Cash And Short Term Investments	-	380M	573M	226M	341M
Accounts Receivable, Total	496M	456M	492M	527M	504M
Total Receivables	496M	456M	492M	527M	504M
Inventory	224M	234M	287M	346M	297M
Prepaid Expenses	107M	101M	112M	119M	122M
Other Current Assets, Total	3.9M	10.8M	14.8M	167M	68.8M
Total Current Assets	831M	1.18B	1.48B	1.38B	1.33B
Gross Property Plant And Equipment	365M	377M	402M	369M	403M
Accumulated Depreciation	-225M	-240M	-256M	-232M	-254M
Net Property Plant And Equipment	140M	137M	146M	137M	149M
Long-term Investments	-	-	52.1M	-	-
Goodwill	1.16B	1.09B	1.67B	1.74B	1.74B
Other Intangibles, Total	274M	250M	618M	650M	568M
Accounts Receivable Long-Term	276M	234M	242M	250M	276M
Deferred Tax Assets Long-Term	82.5M	103M	132M	157M	160M
Other Long-Term Assets, Total	86.9M	75.3M	14.6M	26.7M	65.7M
Total Assets	2.85B	3.07B	4.35B	4.34B	4.29B
Liabilities
Accounts Payable, Total	319M	367M	425M	431M	367M
Accrued Expenses, Total	110M	134M	160M	135M	140M
Short-term Borrowings	16.8M	10.9M	3.7M	4.6M	6.6M
Current Portion of Long-Term Debt	-	-	-	-	100M
Current Portion of Leases	12.8M	11.9M	12.8M	13.8M	14M
Current Income Taxes Payable	11.8M	62.2M	23M	28.9M	35.4M
Unearned Revenue Current, Total	87M	87.6M	134M	135M	132M
Other Current Liabilities	110M	164M	175M	182M	160M
Total Current Liabilities	668M	838M	933M	930M	955M
Long-Term Debt	24.6M	1.8B	2.58B	2.59B	2.19B
Long-Term Leases	25.2M	30.5M	35.6M	34M	37.1M
Unearned Revenue Non Current	63.2M	58.3M	56.3M	48.7M	53.6M
Other Non Current Liabilities	237M	159M	167M	166M	163M
Total Liabilities	1.02B	2.88B	3.78B	3.76B	3.4B
Common Stock, Total	1.68B	-	-	-	-
Additional Paid In Capital	-	7.6M	1.5M	27.6M	56.8M
Retained Earnings	-	-13.6M	387M	771M	1.13B
Treasury Stock	-	-	-	-328M	-403M
Comprehensive Income and Other	149M	194M	182M	106M	105M
Total Common Equity	1.83B	188M	570M	576M	890M
Minority Interest	4.9M	3.9M	3.8M	3M	5.2M
Total Equity	1.83B	192M	574M	580M	896M
Total Liabilities And Equity	2.85B	3.07B	4.35B	4.34B	4.29B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	168M	169M	161M	155M	154M
ECS Total Common Shares Outstanding	168M	168M	169M	156M	154M
Book Value / Share	10.84	1.11	3.37	3.7	5.77
Tangible Book Value	394M	-1.15B	-1.72B	-1.81B	-1.42B
Tangible Book Value Per Share	2.34	-6.85	-10.14	-11.61	-9.2
Total Debt	79.4M	1.85B	2.64B	2.64B	2.35B
Net Debt	79.4M	1.47B	2.06B	2.41B	2.01B
Debt Equivalent of Unfunded Proj. Benefit Obligation	10.5M	12.7M	9.6M	7M	6.7M
Debt Equivalent Oper. Leases	177M	180M	172M	181M	191M
Minority Interest, Total (Incl. Fin. Div)	4.9M	3.9M	3.8M	3M	5.2M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	103M	124M	148M	175M	144M
Inventories - Work In Process, Total	25.2M	19.9M	34.4M	34.8M	20.1M
Inventories - Finished Goods, Total	95.8M	90.3M	105M	137M	133M
Land - (BS)	6.2M	6.1M	6.1M	4.9M	4.9M
Buildings, Total	57.3M	65.5M	68.2M	66.1M	68M
Machinery, Total	264M	266M	283M	254M	283M
Full Time Employees	8.4K	8.4K	8.5K	8.1K	8K
Accumulated Allowance for Doubtful Accounts (Supple)	30.3M	40.5M	38.9M	34.2M	35.7M
Order Backlog	388M	542M	734M	677M	626M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	437M	342M	413M	401M	377M
Depreciation & Amortization - CF	52.7M	49.3M	45.3M	40.9M	43.8M
Amortization of Goodwill and Intangible Assets - (CF)	31.8M	29M	42.4M	78M	81.2M
Depreciation & Amortization, Total	84.5M	78.3M	87.7M	119M	125M
Amortization of Deferred Charges, Total - (CF)	-	800K	7.4M	3.4M	3.8M
(Gain) Loss From Sale Of Asset	-	-2.7M	-	800K	-37.2M
(Gain) Loss on Sale of Investments - (CF)	-	-	-3.3M	-24M	-
Asset Writedown & Restructuring Costs	-	85.3M	-	3.6M	-
(Income) Loss On Equity Investments - (CF)	-	-	-	3M	1.1M
Stock-Based Compensation (CF)	13.1M	22.5M	25.5M	24.3M	31.5M
Other Operating Activities, Total	100K	-	6.8M	1.1M	1.3M
Change In Accounts Receivable	-112M	-92.8M	-140M	-217M	-148M
Change In Inventories	25.3M	-7M	-34.6M	-74.3M	48.9M
Change In Accounts Payable	2M	44.1M	45.6M	21.3M	-66.8M
Change In Deferred Taxes	12.9M	-35.4M	-45.2M	-41.2M	-47.3M
Change in Other Net Operating Assets	82.4M	256M	119M	100M	166M
Cash from Operations	545M	691M	481M	321M	455M
Capital Expenditure	-38M	-35.7M	-47.8M	-60M	-60.1M
Sale of Property, Plant, and Equipment	100K	3.5M	-	400K	4.5M
Cash Acquisitions	-2.4M	-9.5M	-956M	-278M	-
Divestitures	-	-	-	-	108M
Investment in Marketable and Equity Securities, Total	-	-	-4.1M	7.2M	17.4M
Cash from Investing	-40.3M	-41.7M	-1.01B	-330M	69.3M
Short Term Debt Issued, Total	-	-	-	400K	1.9M
Long-Term Debt Issued, Total	-	1.8B	2.19B	1.17B	-
Total Debt Issued	-	1.8B	2.19B	1.17B	1.9M
Short Term Debt Repaid, Total	-2.5M	-5.3M	-7M	-	-
Long-Term Debt Repaid, Total	-190M	-23.4M	-1.4B	-1.17B	-300M
Total Debt Repaid	-193M	-28.7M	-1.41B	-1.17B	-300M
Issuance of Common Stock	-	1.6M	7.5M	2.5M	10.4M
Repurchase of Common Stock	-	-	-	-328M	-74.7M
Common Dividends Paid	-	-	-12.7M	-15.9M	-15.5M
Common & Preferred Stock Dividends Paid	-	-	-12.7M	-15.9M	-15.5M
Other Financing Activities, Total	-307M	-2.06B	-48.8M	-6.9M	-9.9M
Cash from Financing	-500M	-284M	726M	-348M	-388M
Foreign Exchange Rate Adjustments	-5.1M	14.8M	-6.8M	-11.5M	-100K
Net Change in Cash	-	380M	192M	-368M	136M
Supplemental Items
Cash Interest Paid	-	5.9M	37.1M	67.5M	94.7M
Cash Income Tax Paid (Refund)	-	4.6M	218M	167M	126M
Levered Free Cash Flow	415M	610M	410M	154M	488M
Unlevered Free Cash Flow	415M	615M	435M	194M	543M
Change In Net Working Capital	900K	-201M	2.6M	259M	-90.8M
Net Debt Issued / Repaid	-193M	1.77B	780M	400K	-298M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	12.15	11.83	10.02	8.51	8.23
Return on Total Capital	17.98	17.73	14.17	11.51	11
Return On Equity %	24.02	34.07	107.92	69.6	51.1
Return on Common Equity	24.08	34.22	109.01	70.01	51.39
Margin Analysis
Gross Profit Margin %	43.03	43.94	44.66	44.95	46.57
SG&A Margin	17.57	18.62	20.43	21.83	20.29
EBITDA Margin %	23.59	23.54	22.84	22.32	22.41
EBITA Margin %	21.69	21.72	21.32	21.04	20.99
EBIT Margin %	20.54	20.65	19.9	18.59	18.37
Income From Continuing Operations Margin %	15.76	12.65	13.81	12.6	12.18
Net Income Margin %	15.76	12.65	13.81	12.6	12.18
Net Avail. For Common Margin %	15.76	12.65	13.81	12.6	12.18
Normalized Net Income Margin	12.91	12.72	11.36	10.22	9.6
Levered Free Cash Flow Margin	14.96	22.55	13.72	4.84	15.76
Unlevered Free Cash Flow Margin	14.96	22.75	14.56	6.1	17.53
Asset Turnover
Asset Turnover	0.95	0.92	0.81	0.73	0.72
Fixed Assets Turnover	17.31	19.56	21.14	22.54	21.65
Receivables Turnover (Average Receivables)	5.37	5.64	6.31	6.25	6
Inventory Turnover (Average Inventory)	6.66	6.62	6.36	5.54	5.15
Short Term Liquidity
Current Ratio	1.25	1.41	1.58	1.49	1.39
Quick Ratio	0.74	1	1.14	0.81	0.88
Operating Cash Flow to Current Liabilities	0.82	0.82	0.52	0.35	0.48
Days Sales Outstanding (Average Receivables)	68.02	64.92	57.84	58.39	60.81
Days Outstanding Inventory (Average Inventory)	54.83	55.25	57.41	65.9	70.91
Average Days Payable Outstanding	74.79	82.27	84.64	86.2	90.74
Cash Conversion Cycle (Average Days)	48.07	37.9	30.61	38.09	40.99
Long Term Solvency
Total Debt/Equity	4.34	964.32	459.46	455.24	262.03
Total Debt / Total Capital	4.16	90.6	82.13	81.99	72.38
LT Debt/Equity	2.72	952.43	456.58	452.06	248.56
Long-Term Debt / Total Capital	2.61	89.49	81.61	81.42	68.66
Total Liabilities / Total Assets	35.72	93.76	86.81	86.66	79.14
EBIT / Interest Expense	-	55.84	11.63	8.5	6.07
EBITDA / Interest Expense	-	65.92	13.76	10.54	7.66
(EBITDA - Capex) / Interest Expense	-	62.35	12.83	9.68	7.02
Total Debt / EBITDA	0.12	2.8	3.74	3.6	3.27
Net Debt / EBITDA	0.12	2.23	2.93	3.29	2.8
Total Debt / (EBITDA - Capex)	0.12	2.96	4.01	3.92	3.57
Net Debt / (EBITDA - Capex)	0.12	2.35	3.14	3.58	3.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	3.98	-2.44	10.58	6.48	-2.8
Gross Profit, 1 Yr. Growth %	5.05	-0.38	12.4	7.18	0.69
EBITDA, 1 Yr. Growth %	10.98	-2.62	7.27	3.98	-2.08
EBITA, 1 Yr. Growth %	12.71	-2.28	8.56	5.05	-2.64
EBIT, 1 Yr. Growth %	13.25	-1.91	6.61	-0.57	-3.53
Earnings From Cont. Operations, 1 Yr. Growth %	13.07	-21.65	20.76	-2.83	-6.08
Net Income, 1 Yr. Growth %	13.07	-21.65	20.76	-2.83	-6.08
Normalized Net Income, 1 Yr. Growth %	12.03	-3.76	-1.22	-4.86	-8.26
Diluted EPS Before Extra, 1 Yr. Growth %	-	-22.01	20.3	2.47	-2.81
Accounts Receivable, 1 Yr. Growth %	-7.49	-9.4	7.81