Vontier Gross Margin 2019-2024 | VNT
- Vontier average gross margin for 2023 was 45.49%, a 1.31% increase from 2022.
- Vontier average gross margin for 2022 was 44.9%, a 1.24% increase from 2021.
- Vontier average gross margin for 2021 was 44.35%, a 1.81% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.