Vontier Corporation · NYSE:VNT
Vontier — Q1 2026 Earnings Presentation
21 slides from Vontier's earnings presentation, May 7, 2026
Slide 1: Q1 2026 Earnings Presentation
Q1 2026 Earnings Presentation May 7, 2026
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 2026: Executive Summary
Q1 2026: Executive Summary Solid start to the year on topline; Reaffirming full-year outlook 1 Topline momentum in Convenience Retail end market Core Sales +2% 2 Evidence Connected Mobility strategy and new product adoption are gaining traction Adjusted OP Margin 21.0% 3 Disciplined portfolio simpli
Slide 4: Ongoing Portfolio Simplification
Ongoing Portfolio Simplification Divesting majority stake in Teletrac Navman – expected close in early June Portfolio Actions since 2021 Teletrac Transaction Details Acquisitions Cash $80M Seller’s Note $100M Seller’s Equity ~$40M* VNT’s retained Equity % ~30% Divestitures Total Transaction Value ~$
Slide 5: Q1 2026: Summary Financial Results
Q1 2026: Summary Financial Results Sales Adj. Operating Profit Margin Adj. Diluted Net EPS Adj. Free Cash Flow ($M) (%) ($) ($M) $741 $751 21.7% $0.77 $0.80 21.0% $96 $28 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 • Total growth: +1.3% • Timing-related mix headwinds • GAAP Dilut
Slide 6: Segment Results: Environmental & Fueling Solutions (EFS)
Segment Results: Environmental & Fueling Solutions (EFS) Sales Segment Operating Profit ($M) ($M) Q1 Highlights Total +4.5% 29.6% Core +6.1% Flat • Strong demand for fueling equipment and aftermarket parts • Strength in Global Dispensers led by North American National Accounts $345 $330 • Segment Op
Slide 7: Segment Results: Mobility Technologies (MT)
Segment Results: Mobility Technologies (MT) Sales Segment Operating Profit ($M) ($M) Q1 Highlights Total (0.4)% 16.6% Core (1.2)% (260bps) • Strong demand for payment, media, and in-store technologies • Difficult prior year comparison at Invenco (Vehicle Identification System) $271 $269 • Launched n
Slide 8: Segment Results: Repair Solutions (RS)
Segment Results: Repair Solutions (RS) Sales Segment Operating Profit ($M) ($M) Q1 Highlights Total (0.1)% 19.9% Core (0.1)% (180bps) • Continued progress on growth initiatives • Focus on productivity and quick payback categories (e.g., carts and diagnostics) $153 $153 • Segment Operating Profit Mar
Slide 9: Q1 2026: Balance Sheet & Cash Flow
Q1 2026: Balance Sheet & Cash Flow Q1 Capital Deployment Q1 2025 Q1 2026 • Healthy balance sheet with strong liquidity Free Cash Flow ($M) • Adj. FCF impacted by timing of working capital Cash from Operating Activities $110 $47 • Net Leverage Ratio 2.4X; Target ~2.5-3.0X Capital Expenditures ($18) (
Slide 10: Guidance: Full Year 2026 Guidance
Guidance: Full Year 2026 Guidance NO CHANGES Guide Commentary & Assumptions Previous Teletrac Full Year 2026 FY 2026 Guide Guide Divestiture • Sales • Intersegment Sales1: ~$80M Sales $3,100 – $3,150M ~($110M) $2,990 – 3,040M • FX: ~$12-15M tailwind • Net M&A: ~($155M) headwind Core Growth (YoY % ch
Slide 11: Guidance: Initiating Q2 2026 Guidance
Guidance: Initiating Q2 2026 Guidance Guide Commentary & Assumptions Pre-Teletrac Teletrac Official Q2 2026 Guide Divestiture Guide • Sales • Intersegment Sales1: ~$20M Sales $745 – 755M ~($15M) $730 – 740M • FX: ~$0-2M tailwind • Net M&A: ~($30M) headwind Core Growth (YoY % chg) ~(1%) Negligible ~(
Slide 12: Appendix
Powering 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: Supplemental Reconciliation Data
Supplemental Reconciliation Data Trusted intelligence
Slide 16: Components of Sales Growth
Components of Sales Growth % Change Three Months Ended April 3, 2026 vs. Comparable 2025 Period Environmental & Fueling Solutions Mobility Technologies Repair Solutions Total Total Sales Growth (GAAP) 4.5% (0.4%) (0.1%) 1.3% Core sales growth (Non-GAAP) 6.1% (1.2%) (0.1%) 1.7% Acquisitions and dives
Slide 17: Reconciliation of Operating Profit to Adjusted Operating Profit
Reconciliation of Operating Profit to Adjusted Operating Profit Three Months Ended $ in millions April 3, 2026 March 28, 2025 Sales (GAAP) $ 750.6 $ 741.1 Operating Profit (GAAP) $ 134.8 $ 130.1 Amortization of acquisition-related intangible assets 17.1 19.6 Restructuring- and divestiture-related ad
Slide 18: Reconciliation of Net Earnings to Adjusted Net Earnings
Reconciliation of Net Earnings to Adjusted Net Earnings Three Months Ended $ in millions April 3, 2026 March 28, 2025 Net Earnings (GAAP) $ 94.3 $ 87.9 Amortization of acquisition-related intangible assets 17.1 19.6 Restructuring- and divestiture-related adjustments 4.8 10.9 Transaction- and deal-re
Slide 19: Reconciliation of Operating Cash Flow to Free Cash Flow and Free Cash Flow Conversion
Reconciliation of Operating Cash Flow to Free Cash Flow and Free Cash Flow Conversion Ratio Three Months Ended $ in millions April 3, 2026 March 28, 2025 Operating Cash Flow (GAAP) $ 46.5 $ 110.4 Less: Purchases of property, plant & equipment (capital expenditures) (21.7) (17.7) Free Cash Flow (Non-
Slide 20: Reconciliation of Operating Cash Flow to Adjusted Free Cash Flow
Reconciliation of Operating Cash Flow to Adjusted Free Cash Flow and Adjusted Free Cash Flow Conversion Ratio Three Months Ended $ in millions April 3, 2026 March 28, 2025 Operating Cash Flow (GAAP) $ 46.5 $ 110.4 Less: Purchases of property, plant & equipment (capital expenditures) (21.7) (17.7) Fr
Slide 21: Net Leverage Ratio and Reconciliation from Net Earnings to Adjusted EBITDA
Net Leverage Ratio and Reconciliation from Net Earnings to EBITDA to Adjusted EBITDA Total Debt $ 1,906.0 Less: Cash (233.8) Net Debt $ 1,672.2 Adjusted EBITDA (Non-GAAP) $ 705.9 Net Leverage Ratio 2.4 Three Months Ended LTM $ in millions April 3, 2026 April 3, 2026 Net Earnings (GAAP) $ 94.3 $ 412.