Slide 1: Earnings Conference Call Second Quarter 2026
July 23, 2026 – 8:30am CT Earnings Conference Call Second Quarter 2026
Slide 2: Forward-Looking Statements and Non-GAAP Measures
Forward-Looking Statements and Non-GAAP Measures We want to remind everyone that our comments may contain forward-looking statements that are inherently subject to uncertainties and risks, including general economic conditions and conditions in the particular markets in which we operate, changes in
Slide 3: Q2 2026 Performance Highlights
Q2 2026 Performance Highlights Financial Summary Commentary Total growth: +7% to $2.2B ▪ Broad-based revenue growth driven by Revenue Organic growth(1): +5% secular-growth-exposed businesses and constructive trading conditions across the portfolio Total growth(2): +16% to $2.3B Bookings(2) Book-to-b
Slide 4: Summary Corporate Q2 Results
Summary Corporate Q2 Results Q2 2026 Highlights Revenue Change All-in +7% ▪ FX impact: +1%. Acquisitions: +1% (Y-o-Y) Organic(1) +5% Bookings(2) Change ▪ Book-to-bill(2): 1.06 All-in +16% (Y-o-Y) ▪ Bookings(2) growth across all 5 segments Adjusted Segment Margin % 26% ▪ Adj. Segment EBITDA(1) up $53
Slide 5: Segment Results
Segment Results Q2 2026 Adj. Segment Revenue ($M) / Segment EBITDA(1) % / Bps Y-o-Y Org.(1) ∆ % Performance Commentary ∆ Y-o-Y ▪ Strong demand in aerospace and defense components, fluid dispensing, and industrial winches; $283 22% stabilization in North America vehicle aftermarket DEP +2% +100 bps ▪
Slide 6: Year-to-Date Free Cash Flow
Year-to-Date Free Cash Flow $M YTD 2026 YTD 2025 ∆ Net earnings 551 510 41 Loss from discontinued operations, net 1 9 (8) D&A 194 182 12 Change in working capital (240) (148) (92) Change in other (1) (78) (183) 105 Cash flow from operations 427 370 57 Capex (108) (109) 1 Free cash flow(2) 320 261 59
Slide 7: Bookings Momentum Continuing in 2026
Bookings Momentum Continuing in 2026 Consolidated LTM Bookings(1) Growth Q2 ‘26 Bookings(1) Detail by Segment $ in millions Y-o-Y Strong bookings momentum continued in Q2 2026 B-t-B(1) Growth Commentary LTM Book-to-Bill LTM Bookings Growth in aerospace & defense DEP 0.98 +0% components, fluid dispen
Slide 8: Material Exposure Across Multiple Secular Growth Markets
Material Exposure Across Multiple Secular Growth Markets Secular growth exposures Energy Power Biopharma / M&A Segment Transition Generation Data Center Medical Semiconductor Space priority DPPS Components for turbines, engines, and compressors Thermal connectors Single use connectors, Coriolis and
Slide 9: Guiding for Double Digit Adjusted EPS Growth
Guiding for Double Digit Adjusted EPS Growth Q2 2026 Dry Powder ▪ All-in: 6% - 8% Revenue $ in billions Growth ▪ Organic(1): 4% - 6% Optional temporary investment grade leverage(3) for the ▪ GAAP EPS: $8.94 - $9.14 right opportunity EPS ▪ Adjusted EPS(1)(5): $10.55 - $10.75 Maintain 2.5x ▪ Effective
Slide 10: Appendix
Appendix 10
Slide 11: Organic Revenue Growth
Organic Revenue Growth Segment Growth Factors Organic Revenue Engineered Products Clean Energy & Fueling Imaging & Identification Pumps & Process Solutions Climate & Sustainability Technologies Total organic Acquisitions Currency translation Total Note: Totals may be impacted by rounding. Q2 2026 2.
Slide 12: Bookings
Bookings ($ in millions) Q2 2026 Q2 2025 Bookings Engineered Products 277 277 Clean Energy & Fueling 603 527 Imaging & Identification 303 292 Pumps & Process Solutions 590 530 Climate & Sustainability Technologies 560 384 Intersegment eliminations (1) (1) Total consolidated bookings 2,331 2,009 Q3 Q
Slide 13: Reconciliation of Segment Earnings to Adjusted Segment EBITDA
Reconciliation of Segment Earnings to Adjusted Segment EBITDA by Segment ($ in millions) Segment Earnings Other depreciation and amortization Adjusted segment EBITDA Adjusted segment EBITDA margin ($ in millions) Segment Earnings Other depreciation and amortization Adjusted segment EBITDA Adjusted s
Slide 14: Reconciliation of Earnings from Continuing Operations to Total Segment Earnings
Reconciliation of Earnings from Continuing Operations to Total Segment Earnings and Total Adjusted Segment EBITDA ($ in millions) Q2 2026 Q2 2025 Earnings from continuing operations 313 280 Provision for income taxes 75 72 Earnings before provision for income taxes 388 352 Interest income (15) (18)
Slide 15: Reconciliation of Earnings from Continuing Operations to Adjusted EBITDA
Reconciliation of Earnings from Continuing Operations to Total Adjusted EBITDA ($ in millions) Q3 2025 Q4 2025 Q1 2026 Q2 2026 Earnings from continuing operations 303 275 239 313 Provision for income taxes 83 66 60 75 Interest income (18) (17) (14) (15) Interest expense 27 28 30 29 Restructuring and
Slide 16: Reconciliation to Adjusted Earnings and Adjusted EPS
Reconciliation of Earnings from Continuing Operations to Adjusted Earnings from Continuing Operations and Adjusted EPS from Continuing Operations ($ in millions, except per share data) 2026 2025 Q2 Q2 Earnings from continuing operations ($) 313 280 Purchase accounting expenses, pre-tax 52 51 Purchas
Slide 17: Reconciliation of Free Cash Flow and EPS
Reconciliation of Free Cash Flow and EPS from Continuing Operations to Adjusted EPS from Continuing Operations Adjusted Free Cash Flow 2026 2025 $ in millions Q2 Q2 YTD Q2 Q2 YTD Net cash provided by operating activities 236 427 212 370 Capital expenditures (48) (108) (61) (109) Free cash flow 188 3
Slide 18: Non-GAAP Definitions
Non-GAAP Definitions Definitions of Non-GAAP Measures: The items described in our definitions herein, unless otherwise noted, relate solely to our continuing operations. Adjusted Earnings From Continuing Operations: is defined as earnings from continuing operations adjusted for the effect of purchas
Slide 19: Performance Measure Definitions
Performance Measure Definitions Definitions of Performance Measures: The items described in our definitions herein, unless otherwise noted, relate solely to our continuing operations. Bookings represent total orders received from customers in the current reporting period and exclude de-bookings rela
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