Vontier

VNT on NYSE. Vontier sells fueling, vehicle repair, and mobility equipment and software to businesses. Market value $4.3bn.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.

Should I look at this?

Worth a closer look

Read what could go wrong

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
past 12 months to June 2026
8.7%high

For every $100 of what the whole company costs, it produced $8.67 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to June 2026
10.5×fair

You pay 10.5 years of operating profit for the business. The average large US company costs around 18.

Return on capital
five annual reports to December 2025
15.4%five-year median

Each dollar kept in the business earns 15 cents a year. Above 10 is good.

Quality score: 83 of 100. Price score: 100 of 100. Our list needs 70 on quality and 60 on price.

$32.84 a share, 21% above its 1-year low

Over the past year the price has ranged from $27.25 to $48.20.

Dividend: 0.3% a year

Paid every year for at least 5 years

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

0.4
0.3
0.4
0.3
0.4
0.4
2021202220232024202512 monthsto Jun '26
Revenue
$3.0bn$3.2bn$3.1bn$3.0bn$3.1bn
Operating margin
19.5%18.1%17.6%18.0%18.3%
Debt to equity
4.554.492.582.041.68
Shares outstanding
0.16bn0.15bn0.15bn0.15bn0.14bn

Health checks

  • Free cash flow positive5 of 5 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)7 of 8 checks we could run
  • Profit backed by cash (accruals)Yes
  • Debt1.68× equity
  • Revenue growth, five yearsSlow, 2.6% a year
  • Buying back its own sharesYes, 14% fewer since 2021

The quarter to June 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $757 million last quarter, down 2% on a year ago.
  • Profit: $27 million, down 70% on a year ago.
  • It keeps 19 cents of each $1 of sales as operating profit, up from 18 cents a year earlier.
  • Spare cash over the past 12 months: $385 million, down from $427 million.
  • 6% fewer shares than a year ago. Each share owns a bit more of the company.
  • Debt is $1.6 billion more than cash, down from $1.7 billion a year ago.
  • Sales grew on a year ago in 3 of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
September 2024$750m
December 2024$777m
March 2025$741m
June 2025$774m
September 2025$753m
December 2025$809m
March 2026$751m
June 2026$757m
Profit by quarter
Profit by quarter
Quarter toAmount
September 2024$92m
December 2024$124m
March 2025$88m
June 2025$92m
September 2025$103m
December 2025$124m
March 2026$94m
June 2026$27m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
n/a
Last annual report (10-K)
12 February 2026
Next quarterly (estimated, 10-Q)
5 November 2026

Who owns it

8 long-term investors we follow own it, down from 10 last quarter. 456 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

3 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 2 sold $688,345.

  • Aga Anshooman
    EVP, Chief Financial Officer
    Sold
    Date
    2 March 2026
    Shares
    5,489
    Price
    $40.16
    Value
    $220,438
  • Rowen Kathryn K.
    EVP Chief Transf. & Op Officer
    Sold
    Date
    17 February 2026
    Shares
    11,264
    Price
    $41.54
    Value
    $467,907

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 12 Feb 2026, plus the 10-Q filed 6 Aug 2026 and 5 later 8-Ks.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

Whether the price already reflects the risks is what the deep dive is for.

What changed in the risks this year

Companies must list what could hurt them each year. These are the parts that changed since last year’s report.

  • We are subject to governmental regulation and other legal obligations, particularly related to privacy, data protection and information security, and our actual or perceived failure to comply with such obligations could harm our business. Compliance with such laws could also impair our efforts to maintain and expand our customer base and business lines, and thereby decrease our revenue.

    Could happen
    Through executive and legislative action, the U.S. federal government has also taken steps to restrict data transactions involving persons affiliated with countries of concern such as China and Russia. For example, Executive Order 14117 on "Preventing Access to Americans' Bulk Sensitive Personal Data and U.S. Government-Related Data by Countries of Concern" as implemented by Department of Justice regulations issued in December 2024, prohibits data brokerage transactions involving certain sensitive personal data categories to countries of concern. The regulations also restrict certain investment agreements, employment agreements and vendor agreements involving such data and countries of concern, absent specified cybersecurity controls. Actual or alleged violations of these regulations may be punishable by criminal and/or civil sanctions. The evolving complexity of privacy and data security legislation in the U.S. may complicate our compliance efforts and further increase our risk of regulatory enforcement, penalties and litigation. Government enforcement actions can be costly and interrupt the regular operation of our business, and data breaches or violations of data privacy laws can result in fines, reputational damage and civil lawsuits, any of which may adversely affect our business, reputation and financial statements. In addition, compliance with the varying data privacy regulations across the United States and around the world and artificial intelligence (“AI”) regulations in the United States and Europe, has required significant expenditures and may require additional expenditures, and may require further changes in our products or business models that increase competition or reduce revenue.
    Read more

Read it in the annual report

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.