← Vontier Corp
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
| Net earnings | $385.5m | $436.5m | $342.0m | $413.0m | $401.3m | $376.9m | $422.2m | $406.1m | |
| Net Income | — | — | — | — | $401.3m | $376.9m | $422.2m | $406.1m | |
| Net Income From Continuing Operations | — | — | — | — | $401.3m | $376.9m | $422.2m | $406.1m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $436.5m | $342.0m | $413.0m | $401.3m | $376.9m | $422.2m | $406.1m | |
| Depreciation, Depletion and Amortization | — | $84.5m | $78.3m | $88.3m | $118.9m | $43.8m | $47.4m | $51.1m | |
| Amortization of Debt Issuance Costs | — | $0 | $800k | $3.4m | $3.4m | $3.8m | — | — | |
| Amortization of Intangible Assets | — | $31.8m | $29.0m | $42.4m | $78.0m | $81.2m | $79.7m | $74.1m | |
| Capitalized Computer Software, Amortization | — | — | — | $600k | — | — | — | — | |
| Depreciation | — | $52.7m | $49.3m | $45.3m | $23.7m | $43.8m | $47.4m | $51.1m | |
| Depreciation expense | $86.4m | $84.5m | $78.3m | $88.3m | $118.9m | $43.8m | $47.4m | $51.1m | |
| Amortization of acquisition-related intangible assets | — | — | — | $42.4m | $78.0m | $81.2m | $79.7m | $74.1m | |
| Amortization Cash Flow | — | — | — | — | $78.0m | $81.2m | $79.7m | $74.1m | |
| Amortization Of Intangibles | — | — | — | — | $78.0m | $81.2m | $79.7m | $74.1m | |
| Depreciation Amortization Depletion | — | — | — | — | $118.9m | $125.0m | $127.1m | $125.2m | |
| Change in deferred income taxes | $5.8m | $12.8m | ($35.4m) | ($45.2m) | ($41.2m) | ($47.3m) | ($32.8m) | $2.8m | |
| Share-based Payment Arrangement, Noncash Expense | — | $13.1m | $22.5m | $25.5m | $24.3m | $31.5m | $31.6m | $30.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $2.1m | $4.1m | $4.0m | $3.7m | $5.5m | $5.8m | $5.0m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | $4.1m | $31.6m | $30.1m | |
| Goodwill, Impairment Loss | — | $0 | $85.3m | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | $0 | $0 | — | $3.6m | $0 | — | $0 | |
| Asset Impairment Charge | — | — | — | $0 | $3.6m | $0 | — | — | |
| Gain (Loss) on Disposition of Business | — | ($100k) | $0 | $0 | ($3.0m) | $34.4m | $37.2m | $3.5m | |
| Income Tax Expense (Benefit) | — | $129.3m | $118.3m | $121.0m | $126.1m | $106.6m | $75.4m | $102.1m | |
| Other Nonoperating Income (Expense) | — | ($600k) | $2.1m | ($300k) | ($4.9m) | ($600k) | ($1.9m) | $2.9m | |
| Cash paid for equity investments | — | ($2.4m) | ($9.5m) | ($11.3m) | ($11.8m) | ($3.0m) | ($2.9m) | ($1.8m) | |
| Proceeds from sale of equity investments | — | — | $0 | $0 | $19.0m | $20.4m | $200k | $11.1m | |
| Earnings (Loss)es From Equity Investments | — | — | — | $0 | ($32.7m) | $1.1m | $0 | — | |
| Changes in operating assets and liabilities: | |||||||||
| Additional Financial Items | |||||||||
| Increase (Decrease) in Accounts Receivable | — | $111.9m | $92.8m | $140.4m | $217.2m | $148.1m | $203.9m | $132.0m | |
| Increase (Decrease) in Inventories | — | ($25.3m) | $7.0m | $34.6m | $74.3m | ($48.9m) | $48.5m | ($10.9m) | |
| Increase (Decrease) in Accounts Payable | — | $2.0m | $44.1m | $45.6m | $21.3m | ($66.8m) | $14.9m | ($24.3m) | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | ($8.7m) | $0 | $0 | — | |
| Gain (Loss) on Sale of Properties | — | $0 | $2.7m | $0 | ($800k) | $2.8m | — | — | |
| Goodwill | — | $1.2b | $1.1b | $1.7b | $1.7b | $1.7b | $1.7b | $1.8b | |
| Proceeds from Stock Options Exercised | — | $0 | $1.6m | $7.5m | $2.5m | $10.4m | $17.0m | $10.0m | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | $30.9m | $35.2m | $29.1m | $26.2m | $35.5m | $45.6m | $48.9m | |
| Restructuring Costs | — | — | — | — | — | $25.2m | $13.5m | $10.4m | |
| Stock-based compensation expense | $13.8m | $13.1m | $22.5m | $25.5m | $24.3m | $31.5m | $31.6m | $30.1m | |
| Gain on sale of businesses | $0 | $100k | $0 | $0 | $3.0m | ($34.4m) | ($37.2m) | ($3.5m) | |
| Other non-cash items | — | — | — | — | $11.9m | $3.4m | $3.3m | $6.8m | |
| Change in accounts receivable, net | ($193.6m) | ($111.9m) | ($92.8m) | ($140.4m) | ($217.2m) | ($148.1m) | ($203.9m) | ($132.0m) | |
| Change in inventories | ($37.9m) | $25.3m | ($7.0m) | ($34.6m) | ($74.3m) | $48.9m | ($48.5m) | $10.9m | |
| Change in long-term financing receivables, net | $109.2m | $134.6m | $134.7m | $136.2m | $140.3m | $141.2m | $147.9m | $142.4m | |
| Change in trade accounts payable | $16.0m | $2.0m | $44.1m | $45.6m | $21.3m | ($66.8m) | $14.9m | ($24.3m) | |
| Change in other operating assets and liabilities | — | — | — | — | ($40.1m) | $24.7m | $2.9m | ($53.5m) | |
| Proceeds from sale of businesses, net of cash provided | — | — | — | $0 | $0 | $107.5m | $68.4m | $50.4m | |
| Cash paid for acquisitions | — | $0 | $0 | ($955.8m) | ($277.5m) | $0 | $0 | ($10.9m) | |
| Net proceeds from (repayments of) short-term borrowings | $8.8m | ($2.5m) | ($5.3m) | ($7.0m) | $400k | $1.9m | ($4.5m) | $200k | |
| Purchases of treasury stock | — | — | $0 | $0 | ($328.0m) | ($74.7m) | ($224.7m) | ($300.2m) | |
| Proceeds from stock option exercises | $0 | $0 | $1.6m | $7.5m | $2.5m | $10.4m | $17.0m | $10.0m | |
| Beginning Cash Position | — | — | — | — | $572.6m | $204.5m | $340.9m | $356.4m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | ($347.9m) | ($387.8m) | ($392.3m) | ($371.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | ($329.9m) | $69.3m | ($11.4m) | ($20.7m) | |
| Change In Account Payable | — | — | — | — | $21.3m | ($66.8m) | $14.9m | ($24.3m) | |
| Change In Accrued Expense | — | — | — | ($16.9m) | ($24.1m) | ($13.1m) | — | — | |
| Change In Inventory | — | — | — | — | ($74.3m) | $48.9m | ($48.5m) | $10.9m | |
| Change In Other Working Capital | — | — | — | — | ($81.3m) | ($22.6m) | ($29.9m) | ($50.7m) | |
| Change In Payable | — | — | — | — | $21.3m | ($66.8m) | $14.9m | ($24.3m) | |
| Change In Payables And Accrued Expense | — | — | — | — | $21.3m | ($66.8m) | $14.9m | ($24.3m) | |
| Change In Prepaid Assets | — | — | — | ($700k) | ($16.0m) | $37.8m | — | — | |
| Change In Receivables | — | — | — | — | ($76.9m) | ($6.9m) | ($56.0m) | $10.4m | |
| Change In Working Capital | — | — | — | — | ($211.2m) | ($47.4m) | ($119.5m) | ($53.7m) | |
| Changes In Account Receivables | — | — | — | — | ($217.2m) | ($148.1m) | ($203.9m) | ($132.0m) | |
| Changes In Cash | — | — | — | — | ($356.6m) | $136.5m | $23.8m | $119.0m | |
| End Cash Position | — | — | — | — | $204.5m | $340.9m | $356.4m | $492.2m | |
| Financing Cash Flow | — | — | — | — | ($347.9m) | ($387.8m) | ($392.3m) | ($371.3m) | |
| Free Cash Flow | — | — | — | — | $261.2m | $394.9m | $344.8m | $441.1m | |
| Gain Loss On Sale Of Business | — | — | — | — | $0 | ($34.4m) | ($37.2m) | ($3.5m) | |
| Gain Loss On Sale Of PPE | — | — | — | $0 | $800k | ($2.8m) | — | — | |
| Investing Cash Flow | — | — | — | — | ($329.9m) | $69.3m | ($11.4m) | ($20.7m) | |
| Net Business Purchase And Sale | — | — | — | — | ($289.3m) | $104.5m | $65.5m | $37.7m | |
| Net PPE Purchase And Sale | — | — | — | — | ($59.6m) | ($55.6m) | ($77.1m) | ($69.5m) | |
| Operating Gains Losses | — | — | — | — | ($32.7m) | ($34.4m) | ($37.2m) | ($3.5m) | |
| Proceeds From Stock Option Exercised | — | — | — | — | $2.5m | $10.4m | $17.0m | $10.0m | |
| Purchase Of Business | — | — | — | — | ($289.3m) | ($3.0m) | ($2.9m) | ($12.7m) | |
| Purchase Of PPE | — | — | — | — | ($60.0m) | ($60.1m) | ($82.7m) | ($69.9m) | |
| Repurchase Of Capital Stock | — | — | — | — | ($328.0m) | ($74.7m) | ($224.7m) | ($300.2m) | |
| Sale Of Business | — | — | — | — | $0 | $107.5m | $68.4m | $50.4m | |
| Sale Of PPE | — | — | — | — | $400k | $4.5m | $5.6m | $400k | |
| Stock Based Compensation | — | — | — | — | $24.3m | $31.5m | $31.6m | $30.1m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | $0 | $8.7m | $0 | $0 | — | |
| Net Cash Provided by (Used in) Operating Activities | $421.0m | $545.2m | $691.3m | $481.1m | $321.2m | $455.0m | $427.5m | $511.0m | |
| Cash flows from investing activities: | |||||||||
| Payments to Acquire Property, Plant, and Equipment | ($42.4m) | $38.0m | $35.7m | $47.8m | $60.0m | $60.1m | $82.7m | $69.9m | |
| Proceeds from sale of property, plant and equipment | $600k | $100k | $3.5m | $0 | $400k | $4.5m | $5.6m | $400k | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $955.8m | $277.5m | $0 | $0 | $10.9m | |
| Net Investment Purchase And Sale | — | — | — | — | $19.0m | $20.4m | $200k | $11.1m | |
| Gain (Loss) on Sale of Investments | — | — | — | $3.3m | — | — | — | — | |
| Sale Of Investment | — | — | — | — | $19.0m | $20.4m | $200k | $11.1m | |
| Net cash (used in) provided by investing activities | ($122.6m) | ($40.3m) | ($41.7m) | ($1.0b) | ($329.9m) | $69.3m | ($11.4m) | ($20.7m) | |
| Net Cash Provided by (Used in) Investing Activities | — | ($40.3m) | ($41.7m) | ($1.0b) | ($329.9m) | $69.3m | ($11.4m) | ($20.7m) | |
| Cash flows from financing activities: | |||||||||
| Proceeds from Issuance of Long-term Debt | $0 | $0 | $1.8b | $2.2b | $1.2b | $0 | $0 | $83.3m | |
| Payments for debt issuance costs | — | $0 | $0 | ($5.1m) | ($800k) | $0 | $0 | ($2.3m) | |
| Issuance Of Debt | — | — | — | — | $1.2b | $0 | $0 | $83.3m | |
| Long Term Debt Issuance | — | — | — | — | $1.2b | $0 | $0 | $83.3m | |
| Net Issuance Payments Of Debt | — | — | — | — | $400k | ($298.1m) | ($154.5m) | ($49.8m) | |
| Net Long Term Debt Issuance | — | — | — | — | $0 | ($300.0m) | ($150.0m) | ($50.0m) | |
| Net Short Term Debt Issuance | — | — | — | — | $400k | $1.9m | ($4.5m) | $200k | |
| Repayments of Long-term Debt | — | — | — | $1.4b | $1.2b | $300.0m | $150.0m | $133.3m | |
| Repayment of long-term debt | — | $0 | $0 | ($1.4b) | ($1.2b) | ($300.0m) | ($150.0m) | ($133.3m) | |
| Long Term Debt Payments | — | — | — | — | ($1.2b) | ($300.0m) | ($150.0m) | ($133.3m) | |
| Repayment Of Debt | — | — | — | — | ($1.2b) | ($300.0m) | ($150.0m) | ($133.3m) | |
| Short Term Debt Payments | — | — | — | ($7.0m) | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | ($328.0m) | ($74.7m) | ($224.7m) | ($300.2m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | $328.0m | $74.7m | $224.7m | $300.2m | |
| Payments of common stock cash dividend | — | $0 | $0 | ($12.7m) | ($15.9m) | ($15.5m) | ($15.2m) | ($14.7m) | |
| Common Stock Payments | — | — | — | — | ($328.0m) | ($74.7m) | ($224.7m) | ($300.2m) | |
| Dividends paid | — | — | — | $13 | $16 | $16 | $15 | $15 | |
| Cash Dividends Paid | — | — | — | — | ($15.9m) | ($15.5m) | ($15.2m) | ($14.7m) | |
| Common Stock Dividend Paid | — | — | — | — | ($15.9m) | ($15.5m) | ($15.2m) | ($14.7m) | |
| Proceeds from (Payments for) Other Financing Activities | — | ($7.4m) | ($1.9m) | ($6.2m) | ($6.1m) | ($9.9m) | ($14.9m) | ($14.3m) | |
| Other financing activities | ($3.7m) | ($7.4m) | ($1.9m) | ($6.2m) | ($6.1m) | ($9.9m) | ($14.9m) | ($14.3m) | |
| Net Other Financing Charges | — | — | — | — | ($6.9m) | ($9.9m) | ($14.9m) | ($16.6m) | |
| Net Cash Provided by (Used in) Financing Activities | ($290.5m) | ($499.8m) | ($283.9m) | $725.5m | ($347.9m) | ($387.8m) | ($392.3m) | ($371.3m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($5.1m) | $14.8m | ($6.8m) | ($11.5m) | ($100k) | ($8.3m) | $16.8m | |
| Effect of exchange rate changes on cash and cash equivalents | ($7.9m) | ($5.1m) | $14.8m | ($6.8m) | ($11.5m) | ($100k) | ($8.3m) | $16.8m | |
| Effect Of Exchange Rate Changes | — | — | — | — | ($11.5m) | ($100k) | ($8.3m) | $16.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $0 | $380.5m | $192.1m | ($368.1m) | $136.4m | $15.5m | $135.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $0 | $380.5m | $572.6m | $204.5m | $340.9m | $356.4m | $492.2m | |
| Net change in cash and cash equivalents | $0 | $0 | $380.5m | $192.1m | ($368.1m) | $136.4m | $15.5m | $135.8m | |
| Beginning balance of cash and cash equivalents | $0 | $0 | $380.5m | $572.6m | $204.5m | $340.9m | $356.4m | $492.2m | |
| Supplemental disclosure of cash flow information: | |||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | ($368.1m) | $136.4m | $15.5m | $135.8m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | $75.6m | $69.6m | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | $125.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.