Vontier (VNT) FY2024 results: revenue $3.0 billion, down 3.8% on the year
Vontier Corp. (VNT) reported revenue of $3.0 billion for fiscal 2024, the year ended 31 December 2024, down 3.8% on the year before. Net income was $422 million, up 12.0%, and diluted earnings per share $2.75. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2025.
Revenue
$3.0 billion
-3.8% on the year
FY2018FY2024
Operating margin
18.0%
17.6% a year earlier
FY2018FY2024
Net income
$422 million
+12.0% on the year
FY2018FY2024
Diluted EPS
$2.75
+13.6% on the year
FY2018FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
428
455
321
-6.0%
Capital expenditure
82.7
60.1
60.0
+37.6%
Free cash flow
345
395
261
-12.7%
Free cash flow margin
11.6%
12.8%
8.2%
Cash from investing
-11.4
69.3
-330
Cash from financing
-392
-388
-348
Depreciation and amortisation
47.4
43.8
40.9
+8.2%
Share-based compensation
31.6
31.5
24.3
+0.3%
Buybacks
225
74.7
328
+200.8%
Dividends paid
15.2
15.5
15.9
-1.9%
Dividend per share
$0.10
$0.10
$0.03
0.0%
Diluted shares, weighted
154m
156m
161m
-1.4%
Shares outstanding at period end
149m
154m
156m
-3.2%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,051
890
576
+18.0%
Non-controlling interest
8.8
5.2
3.0
+69.2%
Short-term borrowings
n/a
n/a
4.6
Debt
2,142
2,289
2,586
-6.4%
Operating lease liabilities
36.6
37.1
34.0
-1.3%
Other liabilities
1,072
1,072
1,140
-0.0%
Total liabilities and equity
4,310
4,294
4,343
+0.4%
Fixed assets
120
102
92.1
+17.5%
Goodwill
1,726
1,742
1,739
-0.9%
Intangible assets
486
568
650
-14.4%
Cash and equivalents
356
341
204
+4.5%
Receivables
526
498
515
+5.7%
Inventory
338
297
346
+13.9%
Other assets
758
746
798
+1.5%
Total assets
4,310
4,294
4,343
+0.4%
10-K for the year ended 31 December 2024, filed 13 February 2025: the filing.