Q2 2025 | Earnings Results July 31, 2025 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 margin expansion, anticipated adjusted net earnings per share, anticipated adjusted cash flow conversion, and antici ...

[Vontier Second Quarter 2025 Earnings Release](index=1&type=section&id=Vontier%20Reports%20Second%20Quarter%202025%20Results%20and%20Raises%20Full%20Year%20Outlook) [Financial Highlights](index=1&type=section&id=Financial%20Highlights) Vontier reported strong Q2 2025 results with sales up 11.1% to $773.5 million, driven by robust demand in retail and fueling solutions, leading to raised full-year guidance Q2 2025 Key Financial Metrics | Metric | Value | YoY Change | | :--- | :--- | :--- | | Reported Sales | $773.5 million | +11.1% | | Core Sales | - | +10.8% | | Operating Profit | $136.4 million | +19.5% | | Operating Profit Margin | 17.6% | +120 bps | | Adjusted Operating Profit | $163.4 million | +15.4% | | Adjusted Operating Profit Margin | 21.1% | +80 bps | | GAAP Diluted Net EPS | $0.62 | - | | Adjusted Diluted Net EPS | $0.79 | - | | Operating Cash Flow | $100 million | - | | Adjusted Free Cash Flow | $89 million | - | - Growth was fueled by strong demand for convenience retail payment, enterprise productivity solutions, and retail fueling equipment, which compensated for ongoing macroeconomic challenges affecting the repair solutions segment[3](index=3&type=chunk) - Due to strong first-half performance, the company has increased its full-year 2025 adjusted diluted net EPS guidance to a range of **$3.10 to $3.20**[5](index=5&type=chunk) [Segment Performance](index=2&type=section&id=Segment%20Results) Q2 2025 segment performance was mixed, with strong growth in Environmental & Fueling Solutions and Mobility Technologies, while Repair Solutions remained flat with margin contraction [Environmental & Fueling Solutions](index=2&type=section&id=Environmental%20%26%20Fueling%20Solutions) Environmental & Fueling Solutions sales grew 16.2% to $361.6 million, with operating profit margin expanding 50 bps to 29.2% due to strong volume and cost optimization Environmental & Fueling Solutions Q2 Performance | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Sales ($M) | $361.6 | $311.2 | +16.2% | | Segment Operating Profit ($M) | $105.7 | $89.3 | +18.4% | | Segment Operating Profit Margin | 29.2% | 28.7% | +50 bps | - Growth was primarily driven by strong demand for above-ground fuel dispensing equipment and environmental solutions[6](index=6&type=chunk) [Mobility Technologies](index=2&type=section&id=Mobility%20Technologies) Mobility Technologies sales increased 17.9% to $280.2 million, with operating profit margin improving 180 bps to 19.1% due to favorable volume and cost savings Mobility Technologies Q2 Performance | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Sales ($M) | $280.2 | $237.6 | +17.9% | | Segment Operating Profit ($M) | $53.5 | $41.2 | +29.9% | | Segment Operating Profit Margin | 19.1% | 17.3% | +180 bps | - The strong performance was attributed to high demand for convenience retail payment and enterprise productivity solutions, which was partially offset by anticipated lower demand for car wash technologies[7](index=7&type=chunk) [Repair Solutions](index=2&type=section&id=Repair%20Solutions) Repair Solutions sales were flat at $150.8 million, with operating profit margin declining 50 bps to 20.8% due to macroeconomic pressures on discretionary spending Repair Solutions Q2 Performance | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Sales ($M) | $150.8 | $150.8 | 0% | | Segment Operating Profit ($M) | $31.4 | $32.1 | -2.2% | | Segment Operating Profit Margin | 20.8% | 21.3% | -50 bps | - Performance was impacted by macroeconomic pressures affecting service technicians' discretionary spending, which was not fully offset by the 2025 Matco Expo performance[8](index=8&type=chunk) [2025 Outlook](index=3&type=section&id=2025%20Outlook) Vontier raised full-year 2025 adjusted diluted EPS guidance to $3.10-$3.20 and total sales to $3,020-$3,070 million, with Q3 adjusted diluted EPS projected at $0.74-$0.78 Full Year 2025 Outlook | Metric | Guidance | | :--- | :--- | | Total Sales | $3,020 to $3,070 million | | Core Sales Midpoint | Approx. +2% | | Adjusted Operating Profit Margin | Expansion of 20 to 40 bps YoY | | Adjusted Diluted Net EPS | $3.10 to $3.20 | | Adjusted Free Cash Flow Conversion | Approx. 100% | Q3 2025 Outlook | Metric | Guidance | | :--- | :--- | | Total Sales | $745 to $755 million | | Core Sales Midpoint | Approx. flat | | Adjusted Operating Profit Margin | Flat to down 50 bps YoY | | Adjusted Diluted Net EPS | $0.74 to $0.78 | [Other Corporate Items](index=3&type=section&id=Other%20Items) Vontier repurchased 1.4 million shares for $50 million in Q2, maintained a 2.5x net leverage ratio, and completed the Sergeant Sudz acquisition - Share Repurchase: The company bought back **~1.4 million shares** for **~$50 million** during Q2, with a year-to-date total of **$105 million**[12](index=12&type=chunk) - Financial Position: Ended Q2 with a net leverage ratio of **2.5x**[12](index=12&type=chunk) - Acquisition: Completed the acquisition of Sergeant Sudz[12](index=12&type=chunk) [Consolidated Financial Statements](index=6&type=section&id=Consolidated%20Financial%20Statements) Consolidated financial statements show Vontier's total assets at $4.38 billion, with Q2 net earnings of $91.9 million and six-month operating cash flow of $210.4 million [Consolidated Balance Sheets](index=6&type=section&id=Consolidated%20Balance%20Sheets) As of June 27, 2025, Vontier's total assets were $4.38 billion, total liabilities $3.17 billion, and stockholders' equity increased to $1.20 billion Key Balance Sheet Items (in millions) | Account | June 27, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total Current Assets | $1,418.0 | $1,370.0 | | Total Assets | $4,375.8 | $4,310.5 | | Total Current Liabilities | $1,311.3 | $909.2 | | Total Liabilities | $3,167.0 | $3,250.6 | | Total Vontier Stockholders' Equity | $1,201.6 | $1,051.1 | [Consolidated Statements of Earnings](index=7&type=section&id=Consolidated%20Statements%20of%20Earnings) Q2 2025 sales increased to $773.5 million, with net earnings rising to $91.9 million, or $0.62 per diluted share, compared to Q2 2024 Q2 Earnings Summary (in millions, except per share) | Account | Three Months Ended June 27, 2025 | Three Months Ended June 28, 2024 | | :--- | :--- | :--- | | Sales | $773.5 | $696.4 | | Operating Profit | $136.4 | $114.1 | | Net Earnings | $91.9 | $70.1 | | Diluted EPS | $0.62 | $0.45 | [Consolidated Statements of Cash Flows](index=8&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) Six-month operating cash flow was $210.4 million, with $44.7 million used in investing and $174.6 million used in financing activities Six-Month Cash Flow Summary (in millions) | Account | Six Months Ended June 27, 2025 | Six Months Ended June 28, 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $210.4 | $137.6 | | Net cash (used in) provided by investing activities | $(44.7) | $23.9 | | Net cash used in financing activities | $(174.6) | $(167.5) | | Ending balance of cash and cash equivalents | $364.2 | $331.3 | [Reconciliation of GAAP to Non-GAAP Financial Measures](index=10&type=section&id=Reconciliation%20of%20GAAP%20to%20Non-GAAP%20Financial%20Measures) This section reconciles GAAP to non-GAAP financial measures, detailing adjustments for amortization, restructuring, and currency impacts to provide a clearer view of underlying business performance [Components of Sales Growth](index=12&type=section&id=Components%20of%20Sales%20Growth) Q2 2025 total sales growth of 11.1% was primarily driven by 10.8% core sales growth, with minor positive impacts from currency and acquisitions Components of Sales Growth (% Change Q2 2025 vs. Q2 2024) | Component | Mobility Technologies | Repair Solutions | Environmental & Fueling Solutions | Total | | :--- | :--- | :--- | :--- | :--- | | Total Sales Growth (GAAP) | 17.9% | —% | 16.2% | 11.1% | | Core sales growth (Non-GAAP) | 17.8% | —% | 15.7% | 10.8% | [Reconciliation of Operating Profit to Adjusted Operating Profit](index=13&type=section&id=Reconciliation%20of%20Operating%20Profit%20to%20Adjusted%20Operating%20Profit) Q2 2025 GAAP Operating Profit of $136.4 million was adjusted to $163.4 million Non-GAAP Adjusted Operating Profit, primarily due to $19.2 million in amortization Operating Profit Reconciliation (Q2 2025, in millions) | Line Item | Amount | | :--- | :--- | | Operating Profit (GAAP) | $136.4 | | Amortization of acquisition-related intangible assets | $19.2 | | Restructuring- and divestiture-related adjustments | $2.6 | | Asbestos-related adjustments | $4.0 | | Other adjustments | $1.2 | | **Adjusted Operating Profit (Non-GAAP)** | **$163.4** | [Reconciliation of Net Earnings to Adjusted Net Earnings](index=14&type=section&id=Reconciliation%20of%20Net%20Earnings%20to%20Adjusted%20Net%20Earnings) Q2 2025 GAAP Net Earnings of $91.9 million ($0.62/share) were reconciled to Non-GAAP Adjusted Net Earnings of $116.7 million ($0.79/share) after pre-tax adjustments Net Earnings Reconciliation (Q2 2025, in millions) | Line Item | Amount | | :--- | :--- | | Net Earnings (GAAP) | $91.9 | | Pre-tax Non-GAAP adjustments | $27.0 | | Tax effect of adjustments | $(2.2) | | **Adjusted Net Earnings (Non-GAAP)** | **$116.7** | [Reconciliation of Operating Cash Flow to Free Cash Flow](index=15&type=section&id=Reconciliation%20of%20Operating%20Cash%20Flow%20to%20Free%20Cash%20Flow) Q2 2025 GAAP Operating Cash Flow of $100.0 million converted to $88.5 million Adjusted Free Cash Flow, resulting in a 75.8% conversion rate Free Cash Flow Reconciliation (Q2 2025, in millions) | Line Item | Amount | | :--- | :--- | | Operating Cash Flow (GAAP) | $100.0 | | Less: Capital expenditures | $(16.7) | | Free Cash Flow (Non-GAAP) | $83.3 | | Adjustments (Restructuring, etc.) | $5.2 | | **Adjusted Free Cash Flow (Non-GAAP)** | **$88.5** | [Net Leverage Ratio and Reconciliation to Adjusted EBITDA](index=16&type=section&id=Net%20Leverage%20Ratio%20and%20Reconciliation%20to%20Adjusted%20EBITDA) As of Q2 2025, Vontier's net leverage ratio was 2.5x, based on net debt of $1,736.8 million and LTM Adjusted EBITDA of $704.6 million Net Leverage Ratio Calculation (as of June 27, 2025) | Metric | Value (in millions) | | :--- | :--- | | Total Debt | $2,101.0 | | Less: Cash | $(364.2) | | Net Debt | $1,736.8 | | Adjusted EBITDA (LTM) | $704.6 | | **Net Leverage Ratio** | **2.5x** |

Core Insights - Vontier Corporation (VNT) and Duolingo, Inc. (DUOL) are both currently rated with a Zacks Rank of 2 (Buy), indicating positive earnings outlooks for both companies [3] - Value investors utilize various metrics to identify undervalued stocks, including P/E ratio, P/S ratio, earnings yield, and cash flow per share [4] Valuation Metrics - VNT has a forward P/E ratio of 12.25, significantly lower than DUOL's forward P/E of 138.78, suggesting VNT is more attractively priced [5] - The PEG ratio for VNT is 1.31, while DUOL's PEG ratio stands at 3.09, indicating VNT's expected earnings growth is more favorable [5] - VNT's P/B ratio is 5.01 compared to DUOL's P/B of 20.48, further supporting VNT's stronger valuation metrics [6] - Based on these valuation figures, VNT is rated with a Value grade of A, while DUOL has a Value grade of F, highlighting VNT as the superior value option [6]

Core Viewpoint - The article emphasizes the importance of value investing and highlights Vontier (VNT) as a strong candidate for value investors due to its attractive valuation metrics and earnings outlook [2][4][7] Company Analysis - Vontier (VNT) has a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong potential for value investors [4] - The Forward P/E ratio of VNT is 10.95, significantly lower than the industry average of 22.79, suggesting it is undervalued [4] - Over the past 12 months, VNT's Forward P/E has fluctuated between 8.65 and 12.96, with a median of 11.28 [4] - VNT's P/B ratio stands at 4.75, compared to the industry's average P/B of 6.65, further indicating its attractiveness [5] - The P/B ratio for VNT has ranged from 3.75 to 6.21 in the past 52 weeks, with a median of 5.12 [5] - VNT has a P/S ratio of 1.78, which is lower than the industry's average P/S of 1.9, reinforcing its undervalued status [6] Industry Context - The article discusses the broader trend of value investing, which focuses on identifying undervalued companies through traditional valuation metrics [2][3] - The Zacks Style Scores system is mentioned as a tool to identify stocks with specific traits, particularly in the Value category [3]

Core Insights - The article compares Vontier Corporation (VNT) and Duolingo, Inc. (DUOL) to determine which stock is more attractive to value investors [1] Valuation Metrics - VNT has a forward P/E ratio of 11.60, while DUOL has a significantly higher forward P/E of 163.72 [5] - VNT's PEG ratio is 1.24, indicating a more favorable valuation in relation to its expected earnings growth, compared to DUOL's PEG ratio of 3.64 [5] - VNT's P/B ratio stands at 4.75, whereas DUOL's P/B ratio is much higher at 24.31 [6] Investment Grades - Both VNT and DUOL have a Zacks Rank of 2 (Buy), indicating a positive earnings outlook due to favorable analyst estimate revisions [3] - VNT has been assigned a Value grade of B, while DUOL has received a Value grade of F, highlighting VNT's superior valuation metrics [6][7]

Financial Data and Key Metrics Changes - First quarter sales reached $741 million, exceeding guidance by nearly $20 million, with adjusted EPS increasing 4% to $0.77, above the guidance range of $0.71 to $0.74 [15][16] - Adjusted operating profit margin decreased by 40 basis points year-over-year but increased by 30 basis points compared to the full year 2024 [15][16] - Free cash flow of $96 million increased over 20% year-over-year, reflecting an 83% conversion to adjusted net income [16] Business Line Data and Key Metrics Changes - Environmental and Fueling Solutions achieved core growth of approximately 1%, or up 11% on a two-year stack basis, with strong demand for both above-ground and underground retail fueling equipment [17] - Mobility Technologies saw core sales increase nearly 13% year-over-year, driven by strong performance at Invenco, which grew over 20% for the third consecutive quarter [18] - Repair Solutions experienced a decline in sales due to a timing shift of Matco Expo from Q1 to Q2, with expectations of mid-single-digit declines for the year [20][47] Market Data and Key Metrics Changes - The convenience retail and fueling market, which accounts for about two-thirds of sales, has historically grown above GDP and has shown resilience during downturns [7][13] - Channel checks indicate that larger national and regional operators are confident in their capital expenditure plans, with no evidence of price delays or deferrals [13][56] Company Strategy and Development Direction - The company is focused on its connected mobility strategy, which positions it at the forefront of customers' digital transformation journeys [5] - A $500 million share repurchase authorization was approved, reflecting confidence in the business and a commitment to returning capital to shareholders [8][21] - The company is actively managing tariff exposures and has diversified its supply chain to reduce reliance on China [9][10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the convenience retail and fueling markets, with expectations of continued growth despite macroeconomic uncertainties [7][24] - The company is taking a cautious view of second-half demand, embedding contingency into its guidance while maintaining a positive outlook for the full year [23][24] - Management highlighted the importance of controlling internal factors and executing on strategic initiatives to optimize core operations [12][26] Other Important Information - The company has significantly strengthened its global supply chain agility and resiliency over the past four years [9] - The estimated tariff impact for the year is approximately $50 million, with ongoing efforts to mitigate these costs through supply chain optimization and price adjustments [10][11] Q&A Session Summary Question: Evidence of contingency in the second half of the year - Management noted no demand destruction observed, with resilient markets and effective management of tariff impacts through price adjustments [30][32] Question: Mobility Tech sales growth and margin outlook - Management expects good margin expansion for Mobility Tech year-on-year, with margins projected to increase close to 100 basis points for the full year [42] Question: Environmental and fueling solutions project hesitancy - Management reported confidence in customer capital planning, with no signs of hesitancy in moving forward with projects [54][56]

Financial Data and Key Metrics Changes - First quarter sales reached $741 million, exceeding guidance by nearly $20 million, with adjusted EPS increasing 4% to $0.77, above the guidance range of $0.71 to $0.74 [15][22] - Adjusted operating profit margin decreased by 40 basis points year-over-year but increased by 30 basis points compared to the full year 2024 [15][22] - Free cash flow increased over 20% year-over-year to $96 million, reflecting an 83% conversion to adjusted net income [15][22] Business Line Data and Key Metrics Changes - Environmental and Fueling Solutions achieved core growth of approximately 1%, or up 11% on a two-year stack basis, with segment operating profit margin expanding by 20 basis points [16] - Mobility Technologies saw core sales increase nearly 13% year-over-year, driven by strong performance at Invenco, which grew over 20% for the third consecutive quarter [17] - Repair Solutions experienced a decline in sales due to a timing shift of Matco Expo from Q1 to Q2, with expectations of mid-single-digit declines for the year [19][46] Market Data and Key Metrics Changes - The convenience retail and fueling market, which accounts for about two-thirds of sales, has historically grown above GDP and has shown resilience during downturns [7][12] - There is no discernible demand destruction observed, with strong capital expenditure plans from larger national and regional operators [6][30] - The company has reduced its exposure to China significantly, with current sales exposure to China being less than 1% [24][25] Company Strategy and Development Direction - The company is focused on its connected mobility strategy, which positions it at the forefront of customers' digital transformation journeys [5] - A $500 million share repurchase authorization was approved, indicating confidence in the business and a commitment to returning capital to shareholders [8][20] - The company is actively managing tariff exposures and has implemented measures to mitigate estimated costs of approximately $50 million [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business's resilience despite macroeconomic uncertainties, with a cautious outlook for the second half of the year [22][23] - The company is monitoring demand signals closely and has not seen any significant impacts from tariffs or trade policy uncertainties [6][30] - Management highlighted the importance of controlling internal factors and executing on strategic initiatives to optimize core operations [11][26] Other Important Information - The company is leveraging its supply chain agility and has diversified its supply base to reduce exposure to tariffs [9][10] - The Matco Expo event was successful, but there may have been some pre-buying due to tariff uncertainties, which could affect future demand [35][46] - The company is focused on self-help opportunities and has engaged in product line simplification and strategic pricing initiatives [11][64] Q&A Session Summary Question: Evidence of demand destruction and price vs. volume dynamics - Management noted no evidence of demand destruction and indicated that the markets remain resilient, with price increases being implemented to offset tariff impacts [30][31] Question: Mobility Tech sales growth and margin outlook - Management expects good margin expansion for Mobility Tech year-on-year, with margins projected to increase by close to 100 basis points for the full year [41] Question: Repair Solutions sales outlook - Management anticipates mid-single-digit declines for Repair Solutions due to current macro conditions, but overall strength in other segments may offset this [46] Question: Environmental and Fueling Solutions customer hesitancy - Management expressed confidence that customers are moving forward with projects, indicating resilience in the convenience retail space [54][56] Question: Progress on simplification initiatives and margin improvement - Management highlighted ongoing simplification efforts and expressed confidence in achieving the targeted margin improvement by 2026 [63][66]

Financial Performance - Q1 2025 sales were $741 million, a decrease of 1.9% compared to Q1 2024[12] - Core sales decreased by 0.7%[6, 12] - Adjusted diluted EPS increased by 4% year-over-year to $0.77[6, 12] - Adjusted operating profit margin decreased by 40bps year-over-year to 21.7%[6, 12] - Adjusted free cash flow increased by 22% year-over-year to $96 million, with a conversion rate of 83%[12] Segment Results - Environmental & Fueling Solutions (EFS) sales decreased by 0.4% to $330 million, but core sales increased by 0.9%[17] - Mobility Technologies (MT) sales increased by 11.5% to $271 million, with core sales up 12.7%[20] - Repair Solutions (RS) sales decreased by 16.1% to $153 million, with core sales down 15.9%[23] Balance Sheet and Capital Deployment - Gross debt was $2.103 billion, and net debt was $1.769 billion[25] - The net leverage ratio was 2.6x[25, 30] - The company repurchased approximately $55 million in shares during Q1 and replenished the share repurchase authorization by $500 million[7, 30] Guidance - Q2 2025 sales are expected to be between $725 million and $745 million, with core growth of approximately 6%[31] - Full year 2025 sales are projected to be between $2.97 billion and $3.05 billion, with core growth of approximately 2%[31] - Full year 2025 adjusted diluted net EPS is expected to be between $3.00 and $3.15[31] - The company anticipates adjusted free cash flow conversion of over 90% for the full year 2025[31] Tariff Impact - The estimated tariff impact for 2025 is approximately $50 million before pricing and additional mitigation actions[8]

Exhibit 99.1 RALEIGH, North Carolina, May 1, 2025 -- Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced results for the first quarter ended March 28, 2025. Reported sales in the first quarter declined 1.9% year-over-year to $741.1 million, reflecting the absence of sales from divested businesses. Core sales decreased 0.7% reflecting the anticipated shift in revenue timing between quarters at R ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________ FORM 10-K (Mark One) (State or other jurisdiction of incorporation or organization) Delaware 84-2783455 (I.R.S. employer identification number) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition per ...