• Vontier average net profit margin for 2023 was 9.86%, a 37.12% increase from 2022.
• Vontier average net profit margin for 2022 was 15.68%, a 6.45% decline from 2021.
• Vontier average net profit margin for 2021 was 14.73%, a 30.35% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.