Slides
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Q3 2026 Earnings Presentation November 5, 2026
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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 profit margin expansion, anticipated adjusted diluted net earnings per share, anticipated adjusted free 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, 2025. 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 Key Messages Strong Q3 results; Raising full year outlook Note: See “Non-GAAP Financial Measures” in the appendix. Increasing adoption of innovative solutions delivering above-market growth Constructive end market demand, Book-to-Bill 1.05x Strong margin expansion; Disciplined execution on self-help initiatives Raising 2026 outlook; Encouraging momentum exiting the year Core Sales Adjusted OP Margin Adjusted Diluted EPS ~6% 24.3% +300bps YoY $0.92 +18% YoY 1 2 3 4
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Trusted intelligence 4 Connected Forecourt Creates a Differentiated Growth Platform Connecting the full site simplifies operations, enriches insights, and elevates the consumer experience CONNECTED MOBILITY IN ACTION Unified payments and commerce One payment architecture across forecourt and store touchpoints creates a consistent experience, lowers complexity and enables commerce across the site Integrated asset management One connected view of fueling, environmental, payment and adjacent assets improves uptime, automates service and simplifies site operations Data and AI for insights Common asset and transaction data enables predictive insights, faster decisions and applications that improve performance and customer value ~600 → <100 Monthly service events “Now at 80–85% automated resolution.” ~80% lower service cost per site One network one POS “Everything needs to come into one network for UX” Customer proof points
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Trusted intelligence 5 Q3 2026: Summary Financial Results • Total growth: (2.1)% • Core growth: 5.7% • Net M&A: (7.5)% • FX: (0.3)% $753 $737 Q3 2025 Q3 2026 • Strong execution in EFS and MT • Accelerated progress on self-help initiatives • Favorable mix 21.3% 24.3% Q3 2025 Q3 2026 • GAAP Diluted Net EPS of $0.73 • Adj. Diluted Net EPS +18% YoY • ~$0.08 YoY benefit from share buyback $0.78 $0.92 Q3 2025 Q3 2026 • Adj. FCF conversion of 107%; ~18% of sales • Operating Cash Flow +29% YoY $94 $133 Q3 2025 Q3 2026 Note: See “Non-GAAP Financial Measures” in the appendix. Sales ($M) Adj. Operating Profit Margin (%) Adj. Diluted Net EPS ($) Adj. Free Cash Flow ($M)
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Trusted intelligence 31.6% +240bps 6 Environmental & Fueling Solutions (EFS) • Strong, broad-based demand across the portfolio driven by new- build and replacement activity • Above market growth in Dispensers driven by innovation and strong project pipelines • Healthy equipment upgrades in Environmental (underground) • Segment Operating Profit Margin: Volume leverage, favorable mix and traction on self-help/simplification $358 $389 Q3 2025 Q3 2026 $104 $123 Q3 2025 Q3 2026 Total +8.7% Core +13.1% Sales ($M) Segment Operating Profit ($M) & Margin (%) Note: See “Non-GAAP Financial Measures” in the appendix. Q3 Highlights • Capital investments in convenience store site expansion and modernization and ongoing industry consolidation creating new and replacement equipment demand • Strong secular trends – digitalization, energy expansion & regulation – creating the need for more advanced technologies • Investment skews toward large national and regional players where we have gained higher market share Segment Commentary
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Trusted intelligence 7 Mobility Technologies (MT) • Decline in reported revenues reflects Teletrac divestiture • Strong demand across C-Retail portfolio – Payment, Store Automation and Asset Management solutions • Segment Operating Profit Margin: driven by accelerated structural cost savings and simplification; Teletrac divestiture contributed ~250bps YoY 25.9% +740bps $271 $234 Q3 2025 Q3 2026 $50 $60 Q3 2025 Q3 2026 Total (13.7)% Core +2.2% Sales ($M) Note: See “Non-GAAP Financial Measures” in the appendix. Q3 Highlights • Capital investments in convenience store site expansion and modernization and ongoing industry consolidation creating demand for advanced technologies to capitalize on evolving consumer preferences • Accelerating industry adoption of connected, integrated solutions • Macro uncertainty impacting fleet infrastructure investment; Higher diesel prices creating increased demand for connected solutions that improve fuel management and prevent theft Segment Commentary Segment Operating Profit ($M) & Margin (%)
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Trusted intelligence 8 Repair Solutions (RS) • Same-Store Sales up low-single digits • Continued strength in Tool Storage & Diagnostics • Focus on productivity and quick payback categories • Total sales decline driven by lower interest income; lower originations resulting from stricter credit standards • Segment Operating Profit Margin: up sequentially; traction on business transformation initiatives 19.1% (180bps) $142 $140 Q3 2025 Q3 2026 $30 $27 Q3 2025 Q3 2026 Total (0.9)% Core (1.0)% Sales ($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 • Broader market continues to stabilize • Agile business model and commitment to new product vitality positively contributed to the quarter Segment Commentary Segment Operating Profit ($M) & Margin (%)
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Trusted intelligence 9 Q3 2026: Balance Sheet & Cash Flow Q3 2025 Q3 2026 Free Cash Flow ($M) Cash from Operating Activities $111 $143 Capital Expenditures $(21) $(21) Free Cash Flow $90 $122 Adj. Free Cash Flow $94 $133 Debt & Liquidity ($M) Gross Debt $2,101 $1,905 (Less): Cash & Cash Equivalents $(434) $(258) Net Debt $1,667 $1,647 Net Leverage Ratio 2.4x 2.3x $300 $500 $600 $500 2026 2027 2028 2029 2030+ Variable Rate Fixed Rate Weighted Average Interest Rate of ~3.6% Q3 Capital Deployment • Healthy balance sheet with strong liquidity • Net Leverage Ratio 2.3X; Target~2.5-3.0X • Solid Adj. FCF enabling capital deployment • Repurchased $80M in shares in Q3 (~3M shares); ~$280M YTD (~9M shares) Note: See “Non-GAAP Financial Measures” in the appendix. Maturity Profile ($M)
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Trusted intelligence 10 Guidance: Q4 and Full Year 2026 Guidance Q4 2026 • Sales • Intersegment Sales1: ~$28M • FX: ~$4-5M headwind YoY • Net M&A: ~$(45M) • Other P&L Assumptions • Interest Expense: ~$16M • Share Count2: ~134M Full Year 2026 • Sales • Intersegment Sales1: ~$90M • FX: ~$10M tailwind YoY • Net M&A: ~($140)M • Other P&L Assumptions • Corporate Expense: ~$100-105M • Interest Expense: ~$62M • Tax Rate: ~22.0% • Share Count2: ~138M Q4 2026 FY 2026 Previous Guide FY 2026 Current Guide Sales ~$785 (midpoint) $3,000 – 3,050M ~$3,030M (midpoint) Core Growth (YoY % chg) ~+3% (midpoint) ~+3% (midpoint) ~+3% (midpoint) Adjusted Operating Profit Margin ~+280bps (midpoint) ~+100bps (midpoint) ~+180bps (midpoint) Adjusted Diluted Net EPS $0.99 – $1.03 $3.45 – $3.55 $3.60 – $3.64 Adjusted Free Cash Flow Conversion ~95% ~95% Note: See “Non-GAAP Financial Measures” in the appendix. 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) Assumes full year share repurchase of approximately $320M Other Modeling Assumptions
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Appendix
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Trusted intelligence 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 refersto 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. Non-GAAP Financial Measures 12
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Trusted intelligence 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 thecorresponding 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. 13
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Trusted intelligence Supplemental Reconciliation Data 14
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Components of Sales Growth
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Reconciliation of Operating Profit to Adjusted Operating Profit
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Reconciliation of Net Earnings to Adjusted Net Earnings
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Reconciliation of Operating Cash Flow to Free Cash Flow and Free Cash Flow Conversion Ratio
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Reconciliation of Operating Cash Flow to Adjusted Free Cash Flow and Adjusted Free Cash Flow Conversion Ratio
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Net Leverage Ratio and Reconciliation from Net Earnings to EBITDA to Adjusted EBITDA