Vontier Corp Annual Amortization of Intangible Assets in USD from 2018 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Vontier Corp quarterly/annual Amortization of Intangible Assets history and growth rate from 2018 to 2023.
  • Vontier Corp Amortization of Intangible Assets for the quarter ending June 28, 2024 was $20M, a 1.48% decline year-over-year.
  • Vontier Corp annual Amortization of Intangible Assets for 2023 was $81.2M, a 4.1% increase from 2022.
  • Vontier Corp annual Amortization of Intangible Assets for 2022 was $78M, a 84% increase from 2021.
  • Vontier Corp annual Amortization of Intangible Assets for 2021 was $42.4M, a 46.2% increase from 2020.
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $81.2M +$3.2M +4.1% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-15
2022 $78M +$35.6M +84% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-15
2021 $42.4M +$13.4M +46.2% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-15
2020 $29M -$2.8M -8.81% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-17
2019 $31.8M +$1.2M +3.92% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-24
2018 $30.6M Jan 1, 2018 Dec 31, 2018 10-K 2021-02-25
* An asterisk sign (*) next to the value indicates that the value is likely invalid.