• Vontier average pre-tax profit margin for 2023 was 13.19%, a 34.77% increase from 2022.
• Vontier average pre-tax profit margin for 2022 was 20.22%, a 7.1% decline from 2021.
• Vontier average pre-tax profit margin for 2021 was 18.88%, a 19.87% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.