Vontier Corp
VNT · Totalizing Fluid Meters & Counting Devices · 140.8M shares · -2%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $43M (gross $75M, SBC $32M)
Grade
B71Diversified industrial-technology franchise with high margins and strong free cash flow, offset by elevated leverage.
Strengths
- Top-quartile profitability/cash: operating margin 18.3% (84.7th pct), FCF margin 14.3% (73.7th pct), FCF $441M (83.1st pct)
- Leading positions (Gilbarco Veeder-Root, Matco, DRB) with growing software/subscription mix
Risks
- High leverage: D/E 1.68 (88.6th pct); current/quick ratios near sector median
- Modest growth (+3.2%) and secular EV-transition risk to legacy fueling hardware; Repair Solutions down 6.9%
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~25% of revenue from one customer/distributor — 27 Table of Contents RESULTS OF OPERATIONS Comparison of Results of Operations Year Ended December 31, ($ in millions) 2025 % of Sales 2024 % of Sales Sales $ 3,075
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
18.3%
Net margin
13.2%
Return on equity
32.6%
Return on assets
9.3%
ROIC
13.3%
Revenue growth (QoQ)
-7.2%
Net-income growth
-3.8%
Debt / equity
1.7×
Net debt / EBITDA
2.6×
Current ratio
1.2×
Free cash flow
$441M
EBITDA
$613M
Tangible book value
-$926M
Cash & investments
$492M
Stock comp / revenue
1.0%
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-04 | Shareholder vote | filing ↗ |
| 2026-05-07 | ResultsExhibits | filing ↗ |
| 2026-03-31 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-03-02 | Exec/director change | filing ↗ |
| 2026-02-12 | ResultsExhibits | filing ↗ |
| 2025-10-30 | ResultsExhibits | filing ↗ |
| 2025-10-15 | ResultsExhibits | filing ↗ |
| 2025-07-31 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-04 | 2026-06-04 | 0001628280-26-040769 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001628280-26-031651 ↗ |
| 10-Q | 2026-05-07 | 2026-04-03 | 0001628280-26-031945 ↗ |
| 8-K | 2026-03-31 | 2026-03-31 | 0001193125-26-134706 ↗ |
| 8-K | 2026-03-02 | 2026-02-24 | 0001628280-26-013190 ↗ |
| 8-K | 2026-02-12 | 2026-02-12 | 0001628280-26-007456 ↗ |
| 10-K | 2026-02-12 | 2025-12-31 | 0001628280-26-007648 ↗ |
| 10-Q | 2025-10-30 | 2025-09-26 | 0001628280-25-047448 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001628280-25-047285 ↗ |
| 8-K | 2025-10-15 | 2025-10-15 | 0001628280-25-045054 ↗ |
| 8-K | 2025-07-31 | 2025-07-31 | 0001786842-25-000062 ↗ |
| 10-Q | 2025-07-31 | 2025-06-27 | 0001786842-25-000065 ↗ |