Vontier
VNT NYSE Electronic Equipment & Instruments Financials FY2018βFY2025
Vontier's revenue rose 3.2% to $3.1 billion in fiscal 2025. Its operating margin was 18.3%, up from 18.0% a year earlier. Free cash flow was $441 million, up 27.9%. It paid out $315 million in dividends and buybacks, 71% of free cash flow. The diluted share count fell 4.2%.
What Vontier does
No business description yet.
- Legal name
- Vontier Corporation
- Fiscal year ends
- December 31, 2025
- Latest annual report
- β
- Accession Β· CIK
- 0001628280-26-007648
0001786842
Revenue and margins
Vontier had $3.1B of revenue in fiscal 2025, up 3.2% on the year before.
Net income and earnings per share
From fiscal 2018 to 2025, diluted EPS grew 2.7% a year. Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $441M in fiscal 2025, 14.3% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Vontier returned $315M to shareholders in fiscal 2025, 71% of free cash flow. The diluted share count fell 4.2%.
Value Vontier yourself
Change the assumptions and see what they imply per share. These are models, not forecasts or price targets β the answer depends entirely on what you put in.
Discounted cash flow
Value per share
β
Adds net cash of β$1.6B and divides by 147.4M diluted shares. Ten years of cash flows plus a terminal value, discounted to today.
Earnings multiple
Value per share
β
Reference multiples: today 14.2x Β· peers 32.0x Β· sector 33.5x.
Balance sheet
Cash, debt and the ratios that show how comfortably Vontier can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $573M | $205M | $341M | $356M | $492M |
| Debt incl. finance leases | $2.6B | $2.6B | $2.3B | $2.1B | $2.1B |
| Net debt / EBITDA | 3.2x | 3.9x | 3.3x | 3.1x | 2.6x |
| Debt / equity | 4.5x | 4.5x | 2.6x | 2.0x | 1.7x |
| Interest coverage | 15.7x | 8.6x | 5.7x | 7.1x | 8.1x |
| Current ratio | 1.6x | 1.5x | 1.4x | 1.5x | 1.2x |
| Quick ratio | 1.3x | 1.1x | 1.1x | 1.1x | 0.9x |
| Total assets | $4.3B | $4.3B | $4.3B | $4.3B | $4.4B |
| Total liabilities | $3.8B | $3.8B | $3.4B | $3.3B | $3.1B |
| Shareholders' equity | $570M | $577M | $890M | $1.1B | $1.2B |
| Net debt (β = net cash) | $2.0B | $2.4B | $1.9B | $1.8B | $1.6B |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.7M
2 insiders
Of sales under plans
32%
$0.2M
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | β | β | β |
| Cash from operations is positive | β | β | β |
| Return on assets rose | β | β | β |
| Cash from operations exceeds net income | β | β | β |
| Debt fell relative to assets | β | β | β |
| Current ratio rose | β | β | β |
| Share count didn't rise | β | β | β |
| Gross margin rose | β | β | β |
| Revenue rose relative to assets | β | β | β |
| F-score | 5 / 8 | 7 / 8 | 6 / 8 |
| Accruals ratio | β1.8% | β0.1% | β2.4% |
| Altman Z'' | 2.56 | 3.04 | 3.03 |
Similar companies
Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| Vontier VNT | $4.8B | 3.2% | 18.3% | 14.3% | 15.8% | 14.2x | 6 | |
| Keysight Technologies KEYS | $54.5B | 8.0% | 16.3% | 23.8% | 12.1% | 43.1x | 6 | Compare β |
| Zebra Technologies ZBRA | $18.6B | 8.3% | 13.0% | 15.4% | 9.7% | 35.3x | 4 | Compare β |
| Crane NXT CXT | $3.3B | 11.4% | 14.9% | 12.0% | 10.4% | 23.6x | 4 | Compare β |
| Teledyne Technologies TDY | $29.3B | 7.9% | 18.8% | 17.6% | 7.8% | 28.6x | 7 | Compare β |
8 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $2.7B | $2.8B | $2.7B | $3.0B | $3.2B | $3.1B | $3.0B | $3.1B |
| Gross profit | $1.1B | $1.2B | $1.2B | $1.3B | $1.4B | β | β | β |
| Research and development | $136M | $136M | $126M | $129M | $145M | $164M | $178M | $176M |
| Operating income | $500M | $563M | $468M | $582M | $578M | $543M | $537M | $562M |
| Interest expense | β | β | $5.9M | $37.1M | $67.5M | $94.7M | $75.6M | $69.6M |
| Pretax income | $507M | $566M | $460M | $534M | $527M | $484M | $498M | $508M |
| Income tax | $122M | $129M | $118M | $121M | $126M | $107M | $75.4M | $102M |
| Net income | $386M | $437M | $342M | $413M | $401M | $377M | $422M | $406M |
| Diluted EPS | $2.29 | $2.59 | $2.02 | $2.43 | $2.49 | $2.42 | $2.75 | $2.76 |
| Diluted shares | 0.17B | 0.17B | 0.17B | 0.17B | 0.16B | 0.16B | 0.15B | 0.15B |
| Cash flow | ||||||||
| Cash from operations | $421M | $545M | $691M | $481M | $321M | $455M | $428M | $511M |
| Capital expenditure | $42.4M | $38.0M | $35.7M | $47.8M | $60.0M | $60.1M | $82.7M | $69.9M |
| Free cash flow | $379M | $507M | $656M | $433M | $261M | $395M | $345M | $441M |
| Depreciation and amortization | $86.4M | $84.5M | $78.3M | $45.9M | $40.9M | $43.8M | $47.4M | $51.1M |
| Stock-based compensation | $13.8M | $13.1M | $22.5M | $25.5M | $24.3M | $31.5M | $31.6M | $30.1M |
| Acquisitions | $0.0M | $0.0M | $0.0M | $956M | $278M | $0.0M | $0.0M | $10.9M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $328M | $74.7M | $225M | $300M |
| Dividends paid | $0.0M | $0.0M | $0.0M | $12.7M | $15.9M | $15.5M | $15.2M | $14.7M |
| Dividends and buybacks | $0.0M | $0.0M | $0.0M | $12.7M | $344M | $90.2M | $240M | $315M |
| Balance sheet | ||||||||
| Cash and short-term investments | $0.0M | $0.0M | $381M | $573M | $205M | $341M | $356M | $492M |
| Total debt | β | $41.4M | $1.8B | $2.6B | $2.6B | $2.3B | $2.1B | $2.1B |
| Finance lease liabilities | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Current assets | β | $825M | $1.2B | $1.5B | $1.4B | $1.3B | $1.4B | $1.5B |
| Current liabilities | β | $668M | $838M | $933M | $930M | $955M | $909M | $1.3B |
| Inventory | $0.0M | $224M | $234M | $287M | $346M | $297M | $338M | $327M |
| Property and equipment, net | β | $102M | $96.8M | $101M | $92.1M | $102M | $120M | $130M |
| Total assets | β | $2.8B | $3.1B | $4.3B | $4.3B | $4.3B | $4.3B | $4.4B |
| Total liabilities | β | $1.0B | $2.9B | $3.8B | $3.8B | $3.4B | $3.3B | $3.1B |
| Shareholders' equity | $1.8B | $1.8B | $188M | $570M | $577M | $890M | $1.1B | $1.2B |
| Margins | ||||||||
| Gross margin | 42.6% | 43.0% | 43.9% | 44.6% | 44.9% | β | β | β |
| Operating margin | 18.7% | 20.3% | 17.3% | 19.5% | 18.2% | 17.6% | 18.0% | 18.3% |
| EBITDA margin | 22.0% | 23.4% | 20.2% | 21.0% | 19.4% | 19.0% | 19.6% | 19.9% |
| Net margin | 14.5% | 15.8% | 12.7% | 13.8% | 12.6% | 12.2% | 14.2% | 13.2% |
| FCF margin | 14.2% | 18.3% | 24.2% | 14.5% | 8.2% | 12.8% | 11.6% | 14.3% |
| Returns | ||||||||
| Return on capital | β | β | 20.1% | 21.4% | 15.8% | 14.6% | 16.0% | 15.8% |
| Return on capital employed | β | β | 21.3% | 20.6% | 16.9% | 16.1% | 15.9% | 17.3% |
| Return on equity | β | β | 34.2% | 109.0% | 70.0% | 51.4% | 43.5% | 35.4% |
| Return on assets | β | β | 11.6% | 11.1% | 9.2% | 8.7% | 9.8% | 9.4% |
| Growth | ||||||||
| Revenue growth | β | 4.0% | β2.4% | 10.6% | 6.5% | β2.8% | β3.8% | 3.2% |
| Net income growth | β | 13.2% | β21.7% | 20.8% | β2.8% | β6.1% | 12.0% | β3.8% |
| EPS growth | β | 13.1% | β22.0% | 20.3% | 2.5% | β2.8% | 13.6% | 0.4% |
| FCF growth | β | 34.0% | 29.3% | β33.9% | β39.7% | 51.2% | β12.7% | 27.9% |
| Share count change | β | 0.0% | 0.6% | 0.4% | β5.4% | β3.1% | β1.4% | β4.2% |
| Financial health | ||||||||
| Net debt / EBITDA | β | 0.1x | 2.6x | 3.2x | 3.9x | 3.3x | 3.1x | 2.6x |
| Debt / equity | β | 0.0x | 9.6x | 4.5x | 4.5x | 2.6x | 2.0x | 1.7x |
| Interest coverage | β | β | 79.4x | 15.7x | 8.6x | 5.7x | 7.1x | 8.1x |
| Current ratio | β | 1.2x | 1.4x | 1.6x | 1.5x | 1.4x | 1.5x | 1.2x |
| Quick ratio | β | 0.9x | 1.1x | 1.3x | 1.1x | 1.1x | 1.1x | 0.9x |
| Capital allocation | ||||||||
| Capex / revenue | 1.6% | 1.4% | 1.3% | 1.6% | 1.9% | 1.9% | 2.8% | 2.3% |
| Stock comp / revenue | 0.5% | 0.5% | 0.8% | 0.9% | 0.8% | 1.0% | 1.1% | 1.0% |
| Payouts / FCF | 0.0% | 0.0% | 0.0% | 2.9% | 131.7% | 22.8% | 69.6% | 71.4% |
| Quality scores | ||||||||
| Piotroski F-score | β | β | β | 7.0 | 5.0 | 5.0 | 7.0 | 6.0 |
| Altman Z'' | β | 3.5 | 1.8 | 2.2 | 2.3 | 2.6 | 3.0 | 3.0 |
| Accruals ratio | β | β | β11.8% | β1.8% | 1.8% | β1.8% | β0.1% | β2.4% |
Source: SEC EDGAR XBRL filings (CIK 0001786842). Data updated October 17, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.