Slide 1: Q1 2025 | Earnings Results
Q1 2025 | Earnings Results May 1, 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: Q1 2025 | Financial & Operational Highlights
Q1 2025 | Financial & Operational Highlights 1 Strong start to 2025 • Solid Q1 results – core growth, adj. EPS and adj. FCF all exceeded guidance Core Sales (0.7%) 2 Solid• execution on our strategic priorities Continued traction on investments/innovation • Progress on Pillar 1 (optimize the core) a
Slide 4: Actively Managing Tariff Exposure to Protect Margins
Tariffs | Actively Managing Tariff Exposure to Protect Margins Est. 2025 Ongoing Mitigation Actions Tariff Key Assumptions Impact* China ~$40M 145% tariff 1 Continuing supply chain optimization, including further reductions in China 25% Sec. 232 tariff Mexico $0M 25% tariff ~100% USMCA compliant 2 N
Slide 5: Q1 2025 | Summary Financial Results
Q1 2025 | Summary Financial Results Sales Adj. Operating Profit Margin Adj. Diluted Net EPS Adj. Free Cash Flow ($M) (%) ($) ($M) $756 $741 22.1% $0.74 $0.77 21.7% $96 $78 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 • Total growth: (1.9%) • Adj. OP Margin down (40bps) from • GAAP
Slide 6: Segment Results | Environmental & Fueling Solutions (EFS)
Segment Results | Environmental & Fueling Solutions (EFS) Sales Segment Operating Profit Q1 Highlights: ($M) ($M) • Benefiting from investments across the convenience retail and fueling end market Total (0.4%) 29.6% • EFS +11% on a 2-year stack Core +0.9% +20bps • Tailwinds in Environmental due to p
Slide 7: Segment Results | Mobility Technologies (MT)
Segment Results | Mobility Technologies (MT) Sales Segment Operating Profit Q1 Highlights: ($M) ($M) • Strong demand for enterprise productivity and unified payment solutions Total +11.5% 19.2% • Invenco +DD Core +12.7% (40bps) • Growth in alternative energy (ANGI) and EV charging software solutions
Slide 8: Segment Results | Repair Solutions (RS)
Segment Results | Repair Solutions (RS) Sales Segment Operating Profit Q1 Highlights: ($M) ($M) • Results reflect shift in annual “Expo” timing as well as ongoing U.S. macro impacts on technician spend Total (16.1%) 21.7% • Service techs continue to favor quick payback items Core (15.9%) (280bps) •
Slide 9: Q1 2025 | Balance Sheet & Cash Flow
Q1 2025 | Balance Sheet & Cash Flow Q1 Capital Deployment Q1 2024 Q1 2025 • Healthy balance sheet; Strong liquidity (Cash + $750M undrawn revolver) Free Cash Flow ($M) • Net Leverage Ratio 2.6X; Target ~2.5-3.0X Cash from Operating Activities $92 $110 • Repurchased ~$55M in shares in Q1 • Replenishe
Slide 10: Guidance | Q2 and Full Year 2025 Guidance
Guidance | Q2 and Full Year 2025 Guidance Guide Commentary & Assumptions Q2 2025 Q2 2025 FY 2025 Guide Guide Sales • Matco Expo timing benefit Sales $725 - $745M $2,970 - $3,050M Other P&L Assumptions Core Growth (at midpoint) ~+6% ~+2% • Share Count ~149.5M Adjusted Operating Profit Margin +30 to 8
Slide 11: Appendix
ENABLING THE WAY THE WORLD MOVES™ » NION TIER APPENDIX
Slide 12: 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 13: 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 14: Supplemental Reconciliation Data
Supplemental Reconciliation Data
Slide 15: Components of Sales Growth
COMPONENTS OF SALES GROWTH % Change Three Months Ended March 28, 2025 vs. Comparable 2024 Period Mobility Technologies Repair Solutions Environmental & Fueling Solutions Total Total Sales Growth (GAAP) 11.5% (16.1)% (0.4)% (1.9)% Core sales growth (Non-GAAP) 12.7% (15.9)% 0.9% (0.7)% Acquisitions an
Slide 16: Reconciliation of Operating Profit to Adjusted Operating Profit
RECONCILIATION OF OPERATING PROFIT TO ADJUSTED OPERATING PROFIT Three Months Ended $ in millions March 28, 2025 March 29, 2024 Sales (GAAP) $ 741.1 $ 755.8 Operating Profit (GAAP) $ 130.1 $ 142.1 Amortization of acquisition-related intangible assets 19.6 20.0 Restructuring- and divestiture-related a
Slide 17: Reconciliation of Net Earnings to Adjusted Net Earnings
RECONCILIATION OF NET EARNINGS TO ADJUSTED NET EARNINGS
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 Three Months Ended $ in millions March 28, 2025 March 29, 2024 Operating Cash Flow (GAAP) $ 110.4 $ 91.5 Less: Purchases of property, plant & equipment (capital expenditures) (17.7) (20.2) Free Cash Flow (Non
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 Three Months Ended $ in millions March 28, 2025 March 29, 2024 Operating Cash Flow (GAAP) $ 110.4 $ 91.5 Less: Purchases of property, plant & equipment (capital expenditures) (17.7) (20.2) F
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