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Makes fuel-dispensing equipment (Gilbarco Veeder-Root), vehicle repair tools (Matco) and mobility/EV-charging technology.
Makes fuel-dispensing equipment (Gilbarco Veeder-Root), vehicle repair tools (Matco) and mobility/EV-charging technology.
Sells fuel dispensers and station systems to fuel retailers on replacement and upgrade cycles, then earns steadier income from parts, service and software on the installed base. Matco tools are sold by franchised dealers who drive trucks to repair shops, so Matco is paid through that dealer network. It was spun off from Fortive in 2020.
Moat: narrow (installed base, switching costs, brand). Large installed base of fuel-dispensing equipment creates recurring service/parts revenue.
Headquarters: Raleigh, North Carolina, United States · Founded: 2020 · Employees: 7,800
Size Vontier (VNT) is a United States Information Technology company (Other Transportation) with a market value of $5.71B, the 1098th largest of 3,117 United States companies the cockpit tracks. Shares closed at $42.23 on 6 Nov 2026.
Performance Over six months the shares gained 40.4%, against +11.7% for the median peer and -1.1% for the United States market (cap-weighted) — 5th highest of 19 in its peer set.
Growth Revenue grew 0.9% over the last twelve months (peer median +8.7%); the operating margin is 19.1% (peer median 10.9%).
Valuation It trades at 11.5× forward earnings against a peer median of 15.8× (4th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +2 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 6.9 points above its cost of capital (9.2% WACC).
Backlog Backlog (remaining performance obligations) was $279M at 2 Oct 2026, down 37% on a year earlier — 0.1 years of trailing revenue. Backlog detail →
Credit Vontier has 2 bonds outstanding ($1.10B), rated BBB- by the agencies and trading like BBB at a weighted spread of 90 bp.
Short interest Short interest is 9.1% of the free float (15 Oct 2026).
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $3.07B | $3.08B | $2.98B | $3.10B | $3.18B |
| Revenue growth | — | +3% | -4% | -3% | — |
| Gross profit | $1.38B | $1.38B | $1.35B | $1.36B | $1.35B |
| EBITDA | $706M | $697M | $678M | $694M | $711M |
| Net income | $348M | $406M | $422M | $377M | $401M |
| Free cash flow | $385M | $441M | $345M | $395M | $261M |
| Capital expenditure | $78.6M | $69.9M | $82.7M | $60.1M | $60.0M |
| Total debt | $1.93B | $2.14B | $2.20B | $2.35B | $2.64B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Vontier VNT | $5.71B | +40% | +1% | 19% | 11.5× | 4.1% |
| Dover DOV | $27.1B | -7% | +8% | 18% | 17.6× | 12.2% |
| Snap-on SNA | $18.9B | -1% | +3% | 25% | 18.3× | 2.7% |
| Stanley Black & Decker SWK | $17.3B | +43% | 0% | 10% | 18.3× | 6.8% |
| ABB ABBN.SW | $147B | -17% | +1% | 18% | 24.5× | 4.3% |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | VNT | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +31.1% | +2.1% | highest of 21 |
| 6-month return | +40.4% | +11.7% | 5th highest of 19 |
| Distance from 52-week high | -12.4% | -25.5% | 6th highest of 21 |
| Revenue growth (TTM) | +0.9% | +8.7% | 3rd lowest of 21 |
| Operating margin | 19.1% | 10.9% | 8th highest of 21 |
| Forward P/E | 11.5× | 15.8× | 4th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 4.1% | 10.4% | 6th least demanding of 19 |
| Growth delivered (Del g) | +2.6% | +10.1% | 4th lowest of 19 |
| Hurdle (Req g minus delivered) | +1.5 pp | -1.9 pp | 8th most demanding of 19 |
| ROIC minus cost of capital | +6.9 pp | +1.7 pp | 5th highest of 21 |
| EV / EBITDA | 10.4× | 14.0× | 5th cheapest of 16 |
| Net debt / EBITDA | 2.4× | 0.8× | 6th most indebted of 18 |
| Bond spread | 90 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Vontier VNT | United States | $5.71B | +40% | +1% | 19% | 11.5× | 4.1% | +2.6% |
| Cirrus Logic CRUS | United States | $5.69B | -34% | +6% | 23% | 16.9× | 1.5% | +7.8% |
| TeraWulf WULF | United States | $5.67B | -51% | +15% | -227% | n/a | n/a | n/a |
| Box BOX | United States | $5.76B | +63% | +10% | 9% | 26.0× | 20.3% | +8.8% |
| Mobility Global MBGL | United States | $5.79B | n/a | +8% | 51% | 13.2× | -6.0% | +8.5% |
| Varonis Systems VRNS | United States | $5.63B | +71% | +18% | -25% | 138.0× | 23.0% | +16.3% |
| Doximity DOCS | United States | $5.79B | +25% | +11% | 31% | 23.3× | 16.3% | +25.5% |
| Octave Intelligence OCTV | United States | $5.60B | n/a | +1% | 20% | 14.7× | 17.0% | +1.3% |
| Ingram Micro INGM | United States | $5.85B | -6% | +15% | 2% | 6.8× | 2.9% | +1.4% |
| NICE Ltd. Sponsored ADR NICE | United States | $5.87B | +4% | +8% | 17% | 7.8× | -0.7% | +12.3% |
| Klaviyo KVYO | United States | $5.90B | +36% | +29% | -2% | 19.7× | 7.0% | +37.7% |
| Silicon Motion Technology Corporation Sponsored ADR SIMO | United States | $5.52B | -36% | +104% | 21% | 8.4× | n/a | n/a |
| Waystar WAY | United States | $5.45B | +33% | +21% | 24% | 15.8× | 7.5% | +16.0% |
| NIQ Global Intelligence NIQ | United States | $6.02B | +5% | +9% | 8% | 17.1× | 10.9% | +14.6% |
| ACI Worldwide ACIW | United States | $6.06B | +32% | +7% | 19% | 22.9× | 11.8% | +6.3% |
| Dolby Laboratories DLB | United States | $6.07B | +11% | +1% | 19% | 14.3× | 10.0% | +3.0% |
| RingCentral RNG | United States | $6.09B | +58% | +5% | 9% | 13.3× | 15.2% | +16.3% |
| Science Applications International SAIC | United States | $6.13B | +56% | -1% | 8% | 14.3× | -4.6% | +0.6% |
| Pegasystems PEGA | United States | $5.30B | -10% | +1% | 12% | 13.8× | 8.8% | +11.4% |
| Impinj PI | United States | $5.28B | +12% | +8% | -1% | 62.6× | 47.2% | +21.1% |
| Allegro MicroSystems ALGM | United States | $5.25B | -42% | +28% | 9% | 22.1× | 45.3% | +8.5% |
Vontier has 2 bonds outstanding with $1.10B face value. The agencies rate it BBB-; its bonds trade like BBB. Weighted yield 5.44%, a spread of 90 bp over government bonds.
Vontier reported $279M of remaining performance obligations at 2 Oct 2026, down 37% from a year earlier and up 1% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.