Slide 1: Q4 2024 | Earnings Results
Q4 2024 | Earnings Results February 13, 2025
Slide 2: Safe Harbor and Forward-Looking Statements
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, an
Slide 3: Q4 2024 | Financial & Operational Highlights
Q4 2024 | Financial & Operational Highlights Strong finish to 2024 and solid positioning for the road ahead ◣ Convenience Retail & Fueling end market demand remains robust ◣ Innovation/new product launches accelerated topline growth ◣ Repair Solutions and Car Wash markets continue to stabilize Core
Slide 4: 2024 Highlights | Execution Framework Delivering Results
2024 Highlights | Execution Framework Delivering Results Operational Excellence Accelerate Growth 1 OPTIMIZE CORE 2 EXPAND CORE 3 ADJACENT MARKETS Operating Profit Margin Expansion Grow current positions Expand into new markets (OMX) Simplification through VBS/FPP (80/20) Significant traction on New
Slide 5: 2024 Highlights | Positioned for the Road Ahead
2024 Highlights | Positioned for the Road Ahead 2024 Sales 2024 Sales 2024 2025 Outlook ($M) (Core % Chg) Commentary ◣ Continued growth in global dispenser equipment (+LSD); Customer capex projects to expand/modernize footprints in North America Environmental & $1,360 +6% ◣ Environmental (undergroun
Slide 6: Q4 2024 | Summary Financial Results
Q4 2024 | Summary Financial Results Sales Adj. Operating Profit Margin Adj. Diluted Net EPS Adj. Free Cash Flow ($M) (%) ($) ($M) $789 $153 $155 $777 $0.80 $0.80 22.0% 22.0% Q4 2023 Q4 2024 Q4 2023 Q4 2024 Q4 2023 Q4 2024 Q4 2023 Q4 2024 ◣ Total growth: (1.5%) ◣ Adj. OP Margin flat with prior year ◣
Slide 7: Segment Results | Environmental & Fueling Solutions
Segment Results | Environmental & Fueling Solutions Sales Segment Operating Profit Q4 Highlights: ($M) ($M) ◣ Sales increased across majority of major product lines ◣ Strong demand for Aftermarket Parts Total +8.5% 28.6% Core +10.8% ◣ Global Dispenser showed solid growth (30bps) ◣ Environmental sale
Slide 8: Segment Results | Mobility Technologies
Segment Results | Mobility Technologies Sales Segment Operating Profit Q4 Highlights: ($M) ($M) ◣ C-Store payment and enterprise productivity solution demand continues to support growth Total +2.0% 20.7% ◣ Double-digit growth at Invenco by GVR Core +2.7% +10bps ◣ Increased traction on new product in
Slide 9: Segment Results | Repair Solutions
Segment Results | Repair Solutions Sales Segment Operating Profit Q4 Highlights: ($M) ($M) ◣ Results reflect ongoing U.S. macro impacts on technician spend ◣ Higher price point item sales down Total (2.2%) 21.1% Core (2.2%) ◣ Offset by solid demand for Power Tools (390bps) ◣ Sequential improvement h
Slide 10: Q4 2024 | Balance Sheet & Cash Flow
Q4 2024 | Balance Sheet & Cash Flow Q4 Capital Deployment Q4 2023 Q4 2024 ◣ Repurchased $60M in shares and repaid $50M in debt in Q4 ◣ Adj. FCF conversion 128% Free Cash Flow ($M) ◣ Strong liquidity (Cash + $750M undrawn revolver) Cash from Operating Activities $165 $168 ◣ Net Leverage Ratio 2.6x; T
Slide 11: Guidance | Q1 and Full Year 2025 Guidance
Guidance | Q1 and Full Year 2025 Guidance Guide Commentary & Assumptions Q1 2025 Q1 2025 FY 2025 Guide Guide Sales • Matco Expo timing shift impacting Sales $715 - $730M $2,970 - $3,050M • FX1: ~$10M headwind YoY • Share Count2 ~150M Core Growth (2%) to (4%) +1.0% to +3.5% Full Year 2025 Adjusted Op
Slide 12: Appendix
) Joa: ENABLING THE WAY THE WORLD MOVES™ APPENDIX
Slide 13: Non-GAAP Financial Measures
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,” “ad
Slide 14: Non-GAAP Financial Measures (continued)
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 adjustme
Slide 15: Components of Sales Growth
COMPONENTS OF SALES GROWTH 15
Slide 16: Reconciliation of Operating Profit to Adjusted Operating Profit
RECONCILIATION OF OPERATING PROFIT TO ADJUSTED OPERATING PROFIT 16
Slide 17: Reconciliation of Net Earnings to Adjusted Net Earnings
RECONCILIATION OF NET EARNINGS TO ADJUSTED NET EARNINGS 17
Slide 18: Reconciliation of Operating Cash Flow to Free Cash Flow and Conversion Ratio
RECONCILIATION OF OPERATING CASH FLOW TO FREE CASH FLOW AND FREE CASH FLOW CONVERSION RATIO 18
Slide 19: Reconciliation of Operating Cash Flow to Adjusted Free Cash Flow and Conversion Ratio
RECONCILIATION OF OPERATING CASH FLOW TO ADJUSTED FREE CASH FLOW AND ADJUSTED FREE CASH FLOW CONVERSION RATIO 19
Slide 20: Net Leverage Ratio and Reconciliation from Net Earnings to Adjusted EBITDA
NET LEVERAGE RATIO AND RECONCILIATION FROM NET EARNINGS TO EBITDA TO ADJUSTED EBITDA 20