Fortive : Ralliant Investor Day 2025 - Presentation
FTV
Published on 06/10/2025 at 08:20
2025 INVESTOR DAY
Vice President,
2025 INVESTOR DAY
Investor Relations
Certain statements included in this presentation and the oral remarks made in connection herewith are "forward-looking statements" within the meaning of the U.S. federal securities laws. All statements other than historical factual information are forward-looking statements, including, without limitation, statements regarding: business outlook and priorities; future financial performance and results, including outlook and guidance; revenue growth; cash flows, our liquidity position or other financial measures; management's plans and strategies for future operations, including statements relating to anticipated operating performance, cost reductions, restructuring activities, new product and service developments, competitive strengths or market position, acquisitions, divestitures, strategic opportunities, shareholder value creation, capital allocation, stock repurchases, dividends; the effects of the separation or the distribution, if consummated, on our business; growth, declines and other trends in markets we sell into,
including the expected impact of trade and tariff policies; changes in government contracting requirements and reductions in federal spending; new or modified laws, regulations and accounting pronouncements; outstanding claims, legal proceedings, tax audits and assessments and other contingent liabilities; foreign currency exchange rates and fluctuations in those rates; tax rates, tax provisions, and the impact of changes to tax laws; general economic and capital markets conditions, including expected
impact of inflation or interest rate changes; impact of geopolitical events and other hostilities; the timing of any of the foregoing; assumptions underlying any of the foregoing;
and any other statements that address events or developments that we intend or believe will or may occur in the future.
Terminology such as "believe", "expect", "anticipate", "forecast", "positioned", "intend", "plan", "project", "estimate", "grow", "will", "should", "could", "would", "may", "strategy", "opportunity", "possible", "potential", "outlook", "target", and "guidance" and similar references to future periods are intended to identify forward-looking statements, although not all forward-looking statements are accompanied by such words. Forward-looking statements are based on assumptions and assessments made by our management in light of their experience and perceptions of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. These forward-looking statements are subject to a number of risks and uncertainties, including but not limited to the risks and uncertainties set forth under "Cautionary Statement Concerning Forward-Looking Statements", "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" within Ralliant's Form 10 filed
with the U.S. Securities and Exchange Commission ("SEC") on May 5, 2025 (including the amendments thereto), and in other documents that we have filed with, or furnished to, the SEC.
Forward-looking statements are not guarantees of future performance and actual results may differ materially from the results, developments and business decisions contemplated by our forward-looking statements. Accordingly, you should not place undue reliance on any such forward-looking statements. Forward-looking statements speak only as of the date they are made (or such earlier date as may be specified in such statement). Except to the extent required by applicable law, Ralliant assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, and developments or otherwise.
2025 INVESTOR DAY 3
The financial information accompanying these materials presents certain results of Ralliant Corporation (the "Company", "Ralliant", "we", "us", or "our") for fiscal years 2019
through 2024 and is derived from Fortive Corporation's historical audited financial statements, presented on a carve out basis.
Financial information pertaining to fiscal years 2022, 2023, and 2024 is audited and financial information pertaining to fiscal years prior to 2022 is unaudited. The unaudited financial information is included to provide investors with additional historical information.
Carve out adjustments represent Fortive Corporation's Precision Technology segment financial information adjusted for items that reflect Ralliant as a standalone company in accordance with generally accepted accounting principles in the United States ("GAAP"). Additionally, unless otherwise stated, the financial information contained herein does not include stand-alone public company costs, which are estimated to be approximately $46 million on a pre-tax, annualized basis.
Non-GAAP Financial Measures
This presentation and the oral remarks made in connection herewith contain financial information that is not presented in accordance with GAAP, including, but not limited to, "organic revenue growth", "adjusted EBITDA , "adjusted EBITDA margin", "free cash flow", "free cash flow conversion, "free cash flow margin", and "net leverage". The Company has not reconciled the forward-looking statements regarding non-GAAP measures because we are unable to do so without unreasonable efforts or to reasonably estimate the projected outcome of certain significant items, including currency impacts, impacts of acquisitions and divestitures and similar adjustments. Please refer to the Appendix of this presentation for reconciliations of such historical non-GAAP financial measures with the most directly comparable financial measures calculated in accordance with GAAP.
2025 INVESTOR DAY 4
10:05 am Welcome and Opening Remarks
Nathan McCurren | VP, Investor Relations
Tami Newcombe | CEO
Test and Measurement Segment Growth Vector Spotlight: Power Electronics Chris Bohn | President, Tektronix
Sensors and Safety Systems Segment Growth Vector Spotlight: Defense Technologies Corey Christmann | President, PacSci EMC
Growth Vector Spotlight: Grid Modernization
Andrew McCauley | President, Sensor Systems
11:35 am Financial Overview
Neill Reynolds | CFO
11:55 am QsA Session
12:25 pm Closing Remarks
Tami Newcombe | CEO
2025 INVESTOR DAY
2025 INVESTOR DAY 5
Disclaimer
Fortive Corporation published this content on June 10, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 10, 2025 at 12:19 UTC.