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Q3 2025 Earnings Presentation 30 October 2025
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Trusted intelligence 2 Safe Harbor and Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. These statements include, but are not limited to statements regarding Vontier Corporation’s (the “Company’s”) business and acquisition opportunities, anticipated sales growth, anticipated adjusted operating margin expansion, anticipated adjusted net earnings per share, anticipated adjusted cash flow conversion, and anticipated earnings growth, and any other statements identified by their use of words like “anticipate,” “expect,” “believe,” “outlook,” “guidance,” or “will” or other words of similar meaning. There are a number of important risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those suggested or indicated by such forward-looking statements and you should not place undue reliance on any such forward-looking statements. These risks and uncertainties include, among other things, deterioration of or instability in the economy, the markets we serve, changes in U.S. and international geopolitics, including trade policies, volatility in financial markets, contractions or lower growth rates and cyclicality of markets we serve, competition, changes in industry standards and governmental policies and regulations that may adversely impact demand for our products or our costs, our ability to successfully identify, consummate, integrate and realize the anticipated value of appropriate acquisitions and successfully complete divestitures and other dispositions, our ability to develop and successfully market new products, software, and services and expand into new markets, the potential for improper conduct by our employees, agents or business partners, impact of divestitures, contingent liabilities relating to acquisitions and divestitures, impact of changes to tax laws, our compliance with changes in applicable laws and regulations, risks relating to global economic, political, war or hostility, public health, legal, compliance and business factors, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, the impact of our debt obligations on our operations, litigation and other contingent liabilities including intellectual property and environmental, health and safety matters, our ability to adequately protect our intellectual property rights, risks relating to product, service or software defects, product liability and recalls, risks relating to product manufacturing, our relationships with and the performance of our channel partners, commodity costs and surcharges, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole sources of supply, security breaches or other disruptions of our information technology systems, adverse effects of restructuring activities, impact of changes to U.S. GAAP, labor matters, and disruptions relating to man-made and natural disasters. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2024. These forward-looking statements represent Vontier’s beliefs and assumptions only as of the date of this presentation and Vontier does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise.
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Trusted intelligence 3 Q3 2025: Financial & Operational Highlights Strong operational execution YTD enables us to raise our full-year 2025 outlook Note: See “Non-GAAP Financial Measures” in the appendix. Advancing our Connected Mobility strategy • Traction on innovation/new products • Targeting above-market growth • Market-leading integrated solutions in resilient end markets Strong execution in a dynamic environment • Macro largely unchanged • Optimizing core operations; ongoing 80/20 initiatives Strong free cash flow & portfolio management • $70M in share buyback / ~$175M YTD • Divested two non-core assets; exited minority equity position Raising 2025 guidance midpoint • +LSD core growth, in line with Industrial peers • On track for +10% FY Adj. Diluted EPS growth (at midpoint) • Proactively managing tariff headwinds Core Sales Adjusted OP Margin Adjusted Diluted EPS Flat 21.3% Flat YoY $0.78 +7% YoY 1 2 3 4
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Trusted intelligence 4 Showcasing The Future of Convenience Retail Delivering Innovation at the Intersection of Commerce and Energy Vontier powers customer operations with integrated site-wide solutions – uniting hardware, software and data to drive uptime, productivity, consumer engagement, and revenue – leveraging our unique market leadership and unprecedented depth & breadth
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Trusted intelligence Deploying Capital Allocation • Returns driven • Reinvesting for growth • Returning cash to shareholders • Strategic bolt-on M&A 3-Pillar Value Creation Framework Driving value through organic growth, operational excellence, and strategic capital deployment Optimizing Margin Expansion • Driving operational excellence through VBS • Focus and Prioritization (80/20) • Improved portfolio mix Accelerating Organic Growth • Connected Mobility Strategy • Impactful innovation • Platform strategies • Driving increased recurring revenues 5
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Trusted intelligence 6 Q3 2025: Summary Financial Results • Total growth: +0.3% • Core growth: Flat • Net M&A: Flat • FX: +0.3% $750 $753 Q3 2024 Q3 2025 • Adj. OP Margin flat with prior year, as anticipated 21.3% 21.3% Q3 2024 Q3 2025 • GAAP Diluted Net EPS of $0.70 • Adj. Diluted Net EPS +7% YoY $0.73 $0.78 Q3 2024 Q3 2025 • Adj. FCF conversion of 82% • YTD Adj. FCF $278M (Up ~31% YoY) at 80% conversion; 12% of Sales $109 $94 Q3 2024 Q3 2025 Note: See “Non-GAAP Financial Measures” in the appendix. Sales ($M) Adj. Operating Profit Margin (%) Adj. Diluted Net EPS ($) Adj. Free Cash Flow ($M)
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Trusted intelligence 7 Segment Results: Environmental & Fueling Solutions (EFS) • +LSD growth despite Q2/Q3 timing impact and tough prior year comp reflecting innovation and go-to-market strength: • Growth in NA Dispensers and Aftermarket Parts & Service • Segment Operating Profit Margin: Ongoing simplification initiatives more than offset by product and geographic mix 29.2% (20bps) $350 $358 Q3 2024 Q3 2025 $103 $104 Q3 2024 Q3 2025 Total +2.3% Core +1.8% Sales ($M) Segment Operating Profit ($M) Note: See “Non-GAAP Financial Measures” in the appendix. Q3 Highlights • Investment in site expansion and modernization efforts driven by ongoing industry consolidation confirmed by recent channel checks • Strength in large national and regional players where we have significant market share Segment Commentary
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Trusted intelligence 8 Segment Results: Mobility Technologies (MT) • Increased demand for unified payment, enterprise productivity and car wash solutions supporting growth: • Retail Solutions (Invenco) +LDD • Car Wash solutions (DRB) +LSD • +DD growth in EV charging software solutions (Driivz) • Segment Operating Profit Margin: Ongoing simplification initiatives and improved R&D efficiency partially offset by unfavorable mix 18.5% +40bps $257 $271 Q3 2024 Q3 2025 $47 $50 Q3 2024 Q3 2025 Total +5.1% Core +4.8% Sales ($M) Segment Operating Profit ($M) Note: See “Non-GAAP Financial Measures” in the appendix. Q3 Highlights • Capital investment across convenience retail end market remains healthy; adoption of connected, integrated solutions • Car Wash end market developing in-line/ahead of expectations • Fleet customers continue to decarbonize Segment Commentary
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Trusted intelligence 9 Segment Results: Repair Solutions (RS) • Results reflect ongoing U.S. macro impacts on technician spend • Service techs continue to lower priced, quick payback items • Segment Operating Profit Margin: Lower volumes, partially offset by strong price/cost contribution 20.9% (50bps) $152 $142 Q3 2024 Q3 2025 $33 $30 Q3 2024 Q3 2025 Total (6.9)% Core (6.9)% Sales ($M) Segment Operating Profit ($M) Note: See “Non-GAAP Financial Measures” in the appendix. Q3 Highlights • Long term fundamentals intact – Technician employment; aging and increasingly complex car parc, and rising cost of repair • Agile business model and commitment to new product vitality positively contributed to the quarter Segment Commentary
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Trusted intelligence 10 Q3 2025: Balance Sheet & Cash Flow Q3 2024 Q3 2025 Free Cash Flow ($M) Cash from Operating Activities $122 $111 Capital Expenditures ($19) ($21) Free Cash Flow $103 $90 Adj. Free Cash Flow $109 $94 Debt & Liquidity ($M) Gross Debt $2,206 $2,101 (Less): Cash & Cash Equivalents ($331) ($434) Net Debt $1,875 $1,667 Net Leverage Ratio 2.7x 2.4x $500 $500 $600 $500 2025 2026 2027 2028 2029 2030+ Variable Rate Fixed Rate Weighted Average Interest Rate of ~3.1% Q3 Capital Deployment • Healthy balance sheet; Strong liquidity (Cash + $750M undrawn revolver) • Generated ~$60M in proceeds from non-core divestitures, and exit of minority equity position in Q3 • Net Leverage Ratio 2.4X; target ~2.5-3.0X • Repurchased ~$70M in shares in Q3; $175M YTD • Adj. FCF conversion ~82% Note: See “Non-GAAP Financial Measures” in the appendix. Maturity Profile ($M)
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Trusted intelligence 11 Guidance: Q4 and Full Year 2025 Guidance Q4 2025 • Sales • Intersegment Sales1: ~$21M • FX: ~$6M tailwind • Net M&A: ~($15)M • Other P&L Assumptions • Share Count ~147M Full Year 2025 • Sales • Intersegment Sales1: ~$70M • FX: ~$5M tailwind • Net M&A: ~($15)M • Other P&L Assumptions • Corporate Expense: ~$95M • Interest Expense: ~$60M • Tax Rate: 21.0% – 21.5% • Share Count2: ~148M Q4 2025 Prior FY 2025 Guide (July 2025) Updated FY 2025 Guide (Oct. 2025) Sales $760 - $770M $3,020 - $3,070M $3,028 - $3,038M Core Growth (YoY % chg) (1%) to +1% ~+2% +2 to +2.5% Adjusted Operating Profit Margin +20 to +60bps +20 to 40bps +20 to 40bps Adjusted Diluted Net EPS $0.82 – $0.86 $3.10 – $3.20 $3.15 – $3.20 Adjusted Free Cash Flow Conversion ~100% ~95% 1) Intersegment sales primarily result from solutions developed by the Mobility Technologies segment that are integrated into products sold by the Environmental & Fueling Solutions segment and are eliminated in consolidation. 2) Includes approximately $225M in share repurchases for the full year Note: See “Non-GAAP Financial Measures” in the appendix. Guide Commentary & Assumptions
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Appendix Q3’25 Earnings Presentation
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Trusted intelligence 13 Non-GAAP Financial Measures This presentation contains references to “core sales growth," “adjusted operating profit,” “adjusted operating profit margin,” “adjusted net earnings,” “adjusted diluted net earnings per share,” “free cash flow,” "free cash flow conversion," “adjusted free cash flow,” “adjusted free cash flow conversion,” "EBITDA," “adjusted EBITDA,” "net debt", and “net leverage ratio” financial measures which are, in each case, not presented in accordance with generally accepted accounting principles (“GAAP”). • Core sales growth refers to the change in total sales calculated according to GAAP but excluding (1) sales from acquired and certain divested businesses; (2) the impact of currency translation; and (3) certain other items. References to sales attributable to acquisitions or acquired businesses refer to GAAP sales from acquired businesses recorded prior to the first anniversary of the acquisition less the amount of sales attributable to certain divested or exited businesses or product lines not considered discontinued operations. The portion of sales attributable to the impact of currency translation is calculated as the difference between (a) the period-to-period change in sales (excluding sales from acquired businesses) and (b) the period- to-period change in sales, including foreign operations (excluding sales from acquired businesses) after applying the current period foreign exchange rates to the prior year period. The portion of sales attributable to other items is calculated as the impact of those items which are not directly correlated to core sales which do not have an impact on the current or comparable period. • Adjusted operating profit refers to operating profit calculated in accordance with GAAP, but excluding amortization of acquisition-related intangible assets, costs associated with restructurings including one-time termination benefits and related charges and impairment and other charges associated with facility closure, contract termination and other related activities, and the related impact of certain divested or exited businesses or product lines not considered discontinued operations ("Restructuring- and divestiture-related adjustments"), transaction- and deal-related costs, asbestos-related adjustments associated with certain divested businesses, one-time costs related to the separation, amortization of acquisition-related inventory fair value step-up, gains and losses on sale of property, and other charges which represent charges incurred that are not part of our core operating results ("Other charges"). Adjusted operating profit margin refers to adjusted operating profit divided by GAAP sales. • Adjusted net earnings refers to net earnings calculated in accordance with GAAP, but excluding on a pretax basis amortization of acquisition-related intangible assets, Restructuring- and divestiture-related adjustments, transaction- and deal-related costs, asbestos-related adjustments associated with certain divested businesses, one-time costs related to the separation, amortization of acquisition-related inventory fair value step-up, gains and losses on sale of property, Other charges, non-cash write-offs of deferred financing costs, gains and losses on sale of businesses and gains and losses on investments, including the tax effect of these adjustments and other tax adjustments. The tax effect of such adjustments was calculated by applying our estimated adjusted effective tax rate to the pretax amount of each adjustment. Adjusted diluted net earnings per share refers to adjusted net earnings divided by the weighted average diluted shares outstanding. • Free cash flow refers to cash flow from operations calculated according to GAAP but excluding capital expenditures. Free cash flow conversion refers to free cash flow divided by net earnings calculated according to GAAP. • Adjusted free cash flow refers to free cash flow adjusted for cash received from the sale of property, plant and equipment and cash paid for Restructuring- and divestiture-related adjustments, transaction- and deal-related costs and Other charges. Adjusted free cash flow conversion refers to adjusted free cash flow divided by adjusted net earnings.
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Trusted intelligence 14 Non-GAAP Financial Measures (continued) • EBITDA refers to net earnings calculated in accordance with GAAP, excluding interest, taxes, depreciation and amortization of acquisition-related intangible assets. Adjusted EBITDA refers to EBITDA adjusted for Restructuring- and divestiture-related adjustments, transaction- and deal-related costs, asbestos-related adjustments associated with certain divested businesses, one-time costs related to the separation, amortization of acquisition-related inventory fair value step-up, gains and losses on sale of property, Other charges, non-cash write-offs of deferred financing costs, gains and losses on sale of businesses and gains and losses on investments. Net debt refers to total debt minus cash and cash equivalents. Net leverage ratio refers to net debt divided by Adjusted EBITDA. The Company has not reconciled the forward-looking statements regarding core sales growth, adjusted operating profit margin, adjusted diluted net earnings per share and adjusted free cash flow conversion because both the corresponding GAAP measures and the reconciliation thereto would require the Company to make estimates or assumptions about unknown currency impact, unidentified acquisitions and similar adjustments during the relevant period that could not be determined without unreasonable effort. The historical non-GAAP financial measures should not be considered in isolation or as a substitute for the GAAP financial measures but should instead be read in conjunction with the corresponding GAAP financial measures. The historical non-GAAP financial measures used by the Company in this presentation may be different than similarly-titled non-GAAP measures used by other companies. Further information with respect to and reconciliations of such non-GAAP financial measures to the nearest GAAP financial measure can be found attached to this presentation. We report our financial results in accordance with GAAP. However, we present certain non-GAAP measures, as described above, which are not recognized financial measures under GAAP, because we believe they assist investors and analysts in comparing our operating performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance. Management believes these measures are helpful in highlighting trends in our operating results, while other measures can differ significantly depending on long-term strategic decisions regarding capital structure and allocation, the tax jurisdictions in which companies operate and capital investments and acquisitions.
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Trusted intelligence 15 Supplemental Reconciliation Data
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Trusted intelligence 16 Components of Sales Growth
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Trusted intelligence 17 Reconciliation of Operating Profit to Adjusted Operating Profit
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Trusted intelligence 18 Reconciliation of Net Earnings to Adjusted Net Earnings
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Trusted intelligence 19 Reconciliation of Operating Cash Flow to Free Cash Flow and Free Cash Flow Conversion Ratio
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Trusted intelligence 20 Reconciliation of Operating Cash Flow to Adjusted Free Cash Flow and Adjusted Free Cash Flow Conversion Ratio
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Trusted intelligence 21 Net Leverage Ratio and Reconciliation from Net Earnings to EBITDA and Adjusted EBITDA