ITT (ITT) Financials

$206.78 +0.63 (+0.30%)

As of 03:49 PM Eastern

Annual Income Statements for ITT

This table shows ITT's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	352	186	114	334	325	73	316	367	412	520	488
Consolidated Net Income / (Loss)	352	187	113	335	326	74	321	369	416	523	491
Net Income / (Loss) Continuing Operations	312	182	115	333	325	70	320	371	416	523	491
Total Pre-Tax Income	382	258	309	391	414	85	509	462	522	650	652
Total Operating Income	380	277	319	397	411	227	504	468	531	678	685
Total Gross Profit	809	761	820	887	910	782	900	922	1,110	1,249	1,392
Total Revenue	2,486	2,405	2,585	2,745	2,846	2,478	2,765	2,988	3,283	3,631	3,939
Operating Revenue	2,486	2,405	2,585	2,745	2,846	2,478	2,765	2,988	3,283	3,631	3,939
Total Cost of Revenue	1,677	1,645	1,765	1,858	1,936	1,696	1,866	2,065	2,173	2,381	2,546
Operating Cost of Revenue	1,677	1,645	1,765	1,858	1,936	1,696	1,866	2,065	2,173	2,381	2,546
Total Operating Expenses	429	484	501	490	499	556	405	454	579	571	708
Selling, General & Admin Expense	258	261	258	254	241	201	231	217	294	297	368
Marketing Expense	183	170	170	168	166	147	151	157	174	206	229
Research & Development Expense	79	81	94	98	98	85	95	97	103	116	111
Other Operating Expenses / (Income)	-	-	-	-	-	-	-	0.00	8.10	-48	0.00
Total Other Income / (Expense), net	2.20	-18	-9.90	-6.30	3.00	-141	4.80	-6.20	-8.70	-28	-33
Interest Expense	-2.20	18	9.90	0.50	-4.10	-0.70	-1.10	11	19	37	48
Interest & Investment Income	-	-	-	-	-	-	-	4.50	8.80	6.60	11
Other Income / (Expense), net	-	-	-	-5.80	-1.10	-142	3.70	0.20	1.70	1.60	4.40
Income Tax Expense	70	76	195	58	90	15	190	91	105	126	160
Net Income / (Loss) Discontinued Operations	39	4.20	-1.50	1.30	1.70	4.00	1.50	-1.30	-0.90	-0.10	-0.10
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.20	0.50	-0.20	0.90	1.10	1.40	4.70	2.40	3.30	3.40	3.30
Basic Earnings per Share	$3.92	$2.09	$1.29	$3.81	$3.71	$0.84	$3.68	$4.40	$5.01	$6.36	$6.15
Weighted Average Basic Shares Outstanding	89.80M	89.20M	88.30M	87.70M	87.70M	86.70M	86M	83.40M	82.30M	81.80M	79.40M
Diluted Earnings per Share	$3.88	$2.07	$1.28	$3.76	$3.67	$0.83	$3.66	$4.38	$4.98	$6.32	$6.11
Weighted Average Diluted Shares Outstanding	90.70M	89.90M	89M	88.70M	88.60M	87.30M	86.50M	83.70M	82.70M	82.30M	79.90M
Weighted Average Basic & Diluted Shares Outstanding	89.70M	89M	88M	87.60M	87.80M	173M	170.60M	82.70M	82.10M	81.40M	86M
Cash Dividends to Common per Share	$0.47	$0.50	$0.51	$0.54	$0.59	$0.68	$0.88	$1.06	$1.16	$1.28	$1.40

This table shows ITT's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/30/2024	6/29/2024	9/28/2024	12/31/2024	3/29/2025	6/28/2025	9/27/2025	12/31/2025	4/4/2026
Net Income / (Loss) Attributable to Common Shareholders	111	92	112	120	162	127	108	121	127	132	78
Consolidated Net Income / (Loss)	112	92	113	121	162	128	109	122	128	132	80
Net Income / (Loss) Continuing Operations	223	-18	113	121	162	128	109	122	255	5.40	80
Total Pre-Tax Income	142	118	146	154	200	150	144	164	173	171	129
Total Operating Income	143	119	150	160	209	160	151	175	180	179	141
Total Gross Profit	279	286	302	317	315	316	323	347	355	374	429
Total Revenue	822	829	911	906	885	929	913	972	999	1,054	1,212
Operating Revenue	822	829	911	906	885	929	913	972	999	1,054	1,212
Total Cost of Revenue	543	543	609	589	571	613	590	626	644	680	783
Operating Cost of Revenue	543	543	609	589	571	613	590	626	644	680	783
Total Operating Expenses	136	167	152	157	106	157	172	172	175	195	288
Selling, General & Admin Expense	67	91	72	77	75	74	85	86	90	108	154
Marketing Expense	44	43	50	51	51	55	48	57	58	61	74
Research & Development Expense	25	26	30	30	29	28	25	29	28	27	33
Amortization Expense	-	-	-	-	-	-	14	-	-	-	27
Total Other Income / (Expense), net	-1.40	-1.30	-4.40	-5.60	-8.20	-10	-6.60	-11	-8.80	-6.70	-12
Interest Expense	4.20	-	7.70	7.40	10	-	9.30	13	12	15	25
Interest & Investment Income	1.90	-	1.80	1.60	1.60	-	1.70	2.40	-	-	10
Other Income / (Expense), net	0.90	4.30	1.50	0.20	0.20	5.60	1.00	-0.70	2.90	1.20	1.90
Income Tax Expense	30	24	33	33	38	22	35	43	44	38	49
Net Income / (Loss) Attributable to Noncontrolling Interest	1.00	0.90	1.00	1.20	0.60	0.60	0.70	0.70	1.20	0.70	1.50
Basic Earnings per Share	$1.35	-	-	-	$1.98	-	$1.33	-	$1.63	-	$0.89
Weighted Average Basic Shares Outstanding	82.10M	82.30M	82.20M	82M	81.60M	81.80M	81.30M	79M	78M	79.40M	87.20M
Diluted Earnings per Share	$1.34	-	-	-	$1.97	-	$1.33	-	$1.62	-	$0.89
Weighted Average Diluted Shares Outstanding	82.50M	82.70M	82.70M	82.40M	82.10M	82.30M	81.70M	79.40M	78.40M	79.90M	87.80M
Weighted Average Basic & Diluted Shares Outstanding	82.10M	82.10M	82.30M	81.70M	81.50M	81.40M	78.70M	78M	78M	86M	89.40M
Cash Dividends to Common per Share	$0.29	-	$0.32	$0.32	$0.32	-	$0.35	$0.35	$0.35	-	$0.39

This table details how cash moves in and out of ITT's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-168	45	-71	171	51	248	-212	-86	-72	-50	1,304
Net Cash From Operating Activities	230	241	245	368	359	437	-7.60	278	538	562	668
Net Cash From Continuing Operating Activities	230	241	247	372	358	436	-8.40	278	538	563	669
Net Income / (Loss) Continuing Operations	312	182	115	332	323	69	315	368	413	520	488
Depreciation Expense	90	102	105	109	113	112	113	107	109	137	143
Non-Cash Adjustments To Reconcile Net Income	-100	-45	-27	73	7.50	276	-435	31	57	9.00	70
Changes in Operating Assets and Liabilities, net	-72	2.20	54	52	64	-21	-1.70	-229	-42	-104	-33
Net Cash From Discontinued Operating Activities	-	-	-2.40	-4.20	0.90	1.00	0.80	0.10	-0.30	-0.50	-0.50
Net Cash From Investing Activities	-486	-54	-223	-52	-203	-66	-82	-255	-181	-818	-120
Net Cash From Continuing Investing Activities	-486	-54	-223	-52	-203	-66	-82	-255	-181	-818	-120
Purchase of Property, Plant & Equipment	-87	-111	-113	-	91	-64	-88	-104	-108	-124	-121
Acquisitions	-351	-8.80	-114	0.00	113	-4.70	-1.90	-173	-82	-867	-8.40
Divestitures	9.50	3.00	3.80	43	0.90	1.70	0.00	0.00	12	178	0.00
Other Investing Activities, net	4.30	-0.10	0.00	0.00	-	0.90	0.00	0.40	-3.10	-4.50	9.90
Net Cash From Financing Activities	120	-142	-113	-129	-102	-159	-100	-83	-432	235	729
Net Cash From Continuing Financing Activities	120	-142	-113	-129	-102	-159	-100	-83	-432	235	729
Repayment of Debt	-57	-79	-179	-45	-24	-526	-2.90	-1.00	-3.30	-545	-476
Repurchase of Common Equity	-84	-78	-33	-	41	-73	-105	-245	-60	-105	-521
Payment of Dividends	-43	-45	-45	47	52	-59	-76	-88	-96	-105	-111
Issuance of Debt	295	48	133	486	8.10	510	95	260	-266	1,003	537
Issuance of Common Equity	6.20	12	11	62	15	-	-	-	0.00	0.00	1,314
Other Financing Activities, net	3.40	-	-	-	-0.60	-11	-12	-8.80	-7.20	-14	-14
Effect of Exchange Rate Changes	-32	-11	20	-15	-3.00	35	-23	-26	3.60	-29	26
Cash Interest Paid	4.30	4.50	3.80	3.30	2.50	3.30	3.30	11	16	33	42
Cash Income Taxes Paid	49	56	62	54	63	61	61	93	113	129	152

This table details how cash moves in and out of ITT's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/30/2024	6/29/2024	9/28/2024	12/31/2024	3/29/2025	6/28/2025	9/27/2025	12/31/2025	4/4/2026
Net Change in Cash & Equivalents	-31	58	-66	18	21	-22	0.70	28	49	1,226	-1,142
Net Cash From Operating Activities	170	170	58	158	124	223	113	154	174	228	40
Net Cash From Continuing Operating Activities	170	170	58	158	124	223	113	154	174	228	40
Net Income / (Loss) Continuing Operations	111	92	112	119	161	127	108	121	127	132	78
Depreciation Expense	29	26	34	32	35	37	37	36	35	35	54
Non-Cash Adjustments To Reconcile Net Income	5.60	51	12	10	-31	18	11	11	18	31	14
Changes in Operating Assets and Liabilities, net	24	0.40	-99	-3.90	-41	41	-43	-14	-5.80	30	-107
Net Cash From Discontinued Operating Activities	-	-0.10	-0.10	-	-0.30	-0.10	0.00	-0.10	-0.20	-0.20	-0.20
Net Cash From Investing Activities	-22	-39	-435	-25	-334	-23	-41	-16	-15	-48	-3,560
Net Cash From Continuing Investing Activities	-22	-39	-435	-25	-334	-23	-41	-16	-15	-48	-3,560
Purchase of Property, Plant & Equipment	-22	-39	-28	-23	-37	-36	-37	-16	-28	-40	-26
Acquisitions	-	-2.50	-408	0.10	-457	-2.60	-1.90	1.70	-	-8.20	-3,533
Other Investing Activities, net	-	0.70	0.00	-2.20	-2.50	-1.40	-2.00	-1.60	13	0.70	-0.60
Net Cash From Financing Activities	-169	-87	323	-110	218	-197	-80	-129	-108	1,045	2,383
Net Cash From Continuing Financing Activities	-169	-87	323	-110	218	-197	-80	-129	-108	1,045	2,383
Repayment of Debt	-1.50	-1.00	-71	-39	-199	-236	-230	-131	-51	-64	-548
Repurchase of Common Equity	-	-	0.00	-79	-25	-0.50	-100	-401	-0.10	-20	-100
Payment of Dividends	-24	-24	-27	-26	-26	-26	-29	-28	-27	-28	-35
Issuance of Debt	-143	-62	434	35	469	66	292	431	-29	-157	3,086
Other Financing Activities, net	-0.30	-0.50	-13	-0.30	-0.40	-1.00	-13	-0.40	-0.30	-	-20
Effect of Exchange Rate Changes	-10	14	-12	-5.20	13	-25	7.90	20	-2.60	1.40	-4.30
Cash Interest Paid	3.80	3.40	3.70	10	7.60	12	9.10	12	11	10	30
Cash Income Taxes Paid	19	41	16	54	37	22	18	52	47	36	31

This table presents ITT's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	3,724	3,602	3,700	3,847	4,108	4,278	3,565	3,780	3,933	4,731	6,310
Total Current Assets	1,498	1,402	1,479	1,645	1,737	1,917	1,722	1,837	1,858	1,886	3,354
Cash & Equivalents	416	461	390	561	612	860	648	561	489	439	1,743
Accounts Receivable	585	524	630	540	578	508	555	629	675	703	756
Inventories, net	293	295	312	381	393	361	431	534	575	612	672
Other Current Assets	204	122	147	163	153	190	89	113	118	131	183
Plant, Property, & Equipment, net	444	465	522	519	532	525	509	527	561	577	627
Total Noncurrent Assets	1,782	1,735	1,700	1,683	1,839	1,835	1,334	3,360	1,514	2,268	2,329
Goodwill	778	775	887	876	927	945	924	965	1,016	1,430	1,511
Intangible Assets	187	160	156	136	138	106	86	113	117	454	433
Other Noncurrent Operating Assets	491	503	507	506	636	626	324	2,283	381	384	385
Total Liabilities & Shareholders' Equity	3,724	3,602	3,700	3,847	4,108	4,278	3,565	3,780	3,933	4,731	6,310
Total Liabilities	2,358	2,173	2,102	2,022	2,030	2,150	1,335	1,523	1,394	1,946	2,219
Total Current Liabilities	953	866	899	872	850	871	928	1,186	1,038	1,333	1,298
Short-Term Debt	246	214	164	116	87	107	198	451	188	428	261
Accounts Payable	315	302	351	339	332	307	373	401	437	458	465
Accrued Expenses	393	350	384	417	431	457	357	333	413	447	572
Total Noncurrent Liabilities	1,405	1,307	1,203	1,150	1,180	1,279	406	675	356	612	921
Long-Term Debt	-	-	-	-	-	-	-	-	5.70	233	522
Noncurrent Employee Benefit Liabilities	260	249	227	208	214	228	200	137	139	119	120
Other Noncurrent Operating Liabilities	1,145	1,059	976	942	966	1,051	207	538	211	261	279
Total Equity & Noncontrolling Interests	1,365	1,428	1,598	1,825	2,078	2,128	2,231	2,257	2,539	2,786	4,091
Total Preferred & Common Equity	1,362	1,426	1,596	1,822	2,075	2,126	2,226	2,248	2,528	2,779	4,084
Total Common Equity	1,362	1,426	1,596	1,822	2,075	2,126	2,226	1,904	2,528	2,779	4,084
Common Stock	90	88	88	88	88	87	86	83	82	82	1,400
Retained Earnings	1,697	1,789	1,856	2,110	2,372	2,319	2,462	2,510	2,778	3,116	2,987
Accumulated Other Comprehensive Income / (Loss)	-424	-451	-348	-376	-385	-279	-321	-689	-332	-418	-303
Noncontrolling Interest	3.30	2.00	1.70	2.50	2.90	1.50	4.90	9.30	11	7.00	6.90

This table presents ITT's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	10/1/2022	4/1/2023	7/1/2023	9/30/2023	3/30/2024	6/29/2024	9/28/2024	3/29/2025	6/28/2025	9/27/2025	4/4/2026
Total Assets	3,690	3,768	3,885	3,802	4,404	4,410	4,945	4,834	5,015	5,060	11,132
Total Current Assets	1,786	1,798	1,829	1,782	1,908	1,926	2,011	1,964	2,061	2,138	2,871
Cash & Equivalents	515	462	462	431	423	426	461	440	468	516	601
Accounts Receivable	629	670	689	674	752	706	802	762	797	809	1,038
Inventories, net	525	568	573	574	609	564	621	639	659	658	976
Other Current Assets	117	99	105	102	123	137	127	125	137	155	256
Plant, Property, & Equipment, net	492	528	529	523	568	544	579	589	612	603	801
Total Noncurrent Assets	1,413	1,442	1,528	1,498	1,928	1,941	2,355	2,281	2,343	2,320	7,460
Goodwill	948	968	1,009	1,001	1,208	1,201	1,498	1,454	1,504	1,499	3,788
Intangible Assets	116	108	136	123	332	297	463	447	453	441	3,239
Other Noncurrent Operating Assets	349	366	382	374	388	383	394	380	386	380	433
Total Liabilities & Shareholders' Equity	3,690	3,768	3,885	3,802	4,404	4,410	4,945	4,834	5,015	5,060	11,132
Total Liabilities	1,625	1,459	1,528	1,383	1,818	1,821	2,189	2,048	2,452	2,388	6,386
Total Current Liabilities	1,269	1,121	1,174	1,044	1,197	1,241	1,275	1,656	1,422	1,405	1,880
Short-Term Debt	541	384	397	245	323	358	363	733	449	418	477
Accounts Payable	391	397	406	408	459	431	460	474	472	458	642
Accrued Expenses	337	340	371	391	415	424	452	450	501	529	760
Total Noncurrent Liabilities	356	337	354	339	621	580	914	392	1,030	983	4,506
Long-Term Debt	-	-	-	-	231	190	468	4.50	623	578	3,375
Noncurrent Employee Benefit Liabilities	170	138	138	132	136	132	135	120	125	124	151
Other Noncurrent Operating Liabilities	185	200	216	207	254	252	311	267	282	282	980
Total Equity & Noncontrolling Interests	2,066	2,309	2,358	2,419	2,586	2,589	2,756	2,786	2,564	2,672	4,746
Total Preferred & Common Equity	2,057	2,299	2,347	2,409	2,575	2,577	2,749	2,779	2,557	2,665	4,738
Total Common Equity	2,057	2,299	2,347	2,409	2,575	2,577	2,749	2,779	2,557	2,665	4,738
Common Stock	83	82	82	82	82	82	82	81	78	78	2,066
Retained Earnings	2,412	2,555	2,614	2,706	2,857	2,878	2,993	3,091	2,792	2,903	3,030
Accumulated Other Comprehensive Income / (Loss)	-438	-338	-349	-379	-365	-383	-326	-392	-313	-316	-358
Noncontrolling Interest	8.50	10	11	10	12	13	6.50	6.50	7.10	7.40	7.70

This table displays calculated financial ratios and metrics derived from ITT's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-6.37%	-3.23%	7.48%	6.18%	3.69%	-12.95%	11.59%	8.05%	9.88%	10.59%	8.48%
EBITDA Growth	32.53%	-19.46%	12.15%	17.97%	4.55%	-62.44%	215.76%	-7.33%	11.03%	27.51%	1.85%
EBIT Growth	42.68%	-27.23%	15.44%	22.61%	4.80%	-79.41%	501.18%	-7.83%	13.18%	27.87%	1.35%
NOPAT Growth	60.08%	-37.10%	-39.32%	185.86%	-4.88%	-42.32%	70.31%	18.70%	12.24%	29.18%	-5.49%
Net Income Growth	88.22%	-46.93%	-39.28%	195.32%	-2.51%	-77.35%	334.37%	15.08%	12.02%	26.08%	-6.12%
EPS Growth	94.97%	-46.65%	-38.16%	193.75%	-2.39%	-77.38%	340.96%	19.67%	13.24%	27.02%	-3.32%
Operating Cash Flow Growth	-6.13%	4.79%	1.70%	50.16%	-2.45%	21.83%	-101.74%	3,755.26%	93.56%	4.54%	18.89%
Free Cash Flow Firm Growth	-196.67%	184.41%	-134.09%	564.48%	-54.64%	142.32%	-124.62%	-1,685.91%	220.97%	-110.48%	280.45%
Invested Capital Growth	87.43%	-1.12%	16.04%	0.61%	12.49%	-11.42%	29.52%	110.76%	-40.23%	33.31%	4.14%
Revenue Q/Q Growth	0.27%	-3.16%	3.82%	-0.19%	1.45%	-0.42%	-0.83%	3.08%	1.69%	2.83%	3.28%
EBITDA Q/Q Growth	2.78%	-3.54%	7.88%	-1.59%	3.66%	-23.61%	16.70%	7.33%	-4.50%	6.90%	2.60%
EBIT Q/Q Growth	2.67%	-4.32%	9.91%	-1.83%	3.30%	-40.99%	21.91%	9.65%	-5.46%	6.68%	3.36%
NOPAT Q/Q Growth	0.34%	-0.45%	-47.06%	54.27%	4.23%	21.90%	20.13%	3.47%	-5.52%	8.28%	0.84%
Net Income Q/Q Growth	0.66%	-5.28%	-45.13%	55.48%	5.43%	-52.60%	59.86%	2.44%	-5.42%	7.24%	1.30%
EPS Q/Q Growth	0.52%	-4.17%	-45.30%	55.37%	5.76%	-52.57%	58.44%	4.04%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-11.00%	4.97%	-10.10%	18.12%	-5.33%	3.78%	11.63%	18.36%	1.43%	10.37%	0.68%
Free Cash Flow Firm Q/Q Growth	-214.46%	226.32%	-900.86%	27.10%	-0.42%	1.31%	32.99%	-5,708.34%	533.61%	47.85%	-19.32%
Invested Capital Q/Q Growth	37.01%	-4.20%	-5.32%	-2.02%	-0.94%	1.03%	1.31%	79.38%	0.43%	-4.31%	-0.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	32.55%	31.63%	31.71%	32.32%	31.97%	31.57%	32.53%	30.87%	33.73%	34.35%	35.35%
EBITDA Margin	18.91%	15.74%	16.42%	18.25%	18.40%	7.94%	22.46%	19.27%	19.47%	22.44%	21.13%
Operating Margin	15.29%	11.50%	12.35%	14.47%	14.45%	9.14%	18.24%	15.66%	16.09%	18.62%	17.38%
EBIT Margin	15.29%	11.50%	12.35%	14.26%	14.41%	3.41%	18.37%	15.67%	16.14%	18.66%	17.49%
Profit (Net Income) Margin	14.15%	7.76%	4.38%	12.19%	11.46%	2.98%	11.61%	12.36%	12.60%	14.37%	12.47%
Tax Burden Percent	91.97%	72.21%	36.62%	85.58%	78.72%	86.74%	63.05%	79.99%	79.65%	80.56%	75.41%
Interest Burden Percent	100.58%	93.42%	96.90%	99.87%	101.00%	100.83%	100.22%	98.63%	98.04%	95.57%	94.57%
Effective Tax Rate	18.34%	29.41%	62.90%	14.76%	21.69%	17.96%	37.24%	19.73%	20.17%	19.43%	24.57%
Return on Invested Capital (ROIC)	33.86%	16.43%	9.28%	24.62%	21.97%	12.70%	20.06%	13.58%	14.06%	20.81%	16.82%
ROIC Less NNEP Spread (ROIC-NNEP)	22.92%	20.58%	11.47%	25.83%	21.14%	30.20%	19.31%	12.38%	12.76%	82.18%	23.58%
Return on Net Nonoperating Assets (RNNOA)	-6.67%	-3.07%	-1.79%	-5.07%	-5.26%	-9.18%	-5.33%	2.88%	3.19%	-1.16%	-2.54%
Return on Equity (ROE)	27.20%	13.36%	7.49%	19.55%	16.72%	3.51%	14.73%	16.46%	17.25%	19.65%	14.29%
Cash Return on Invested Capital (CROIC)	-26.97%	17.55%	-5.57%	24.01%	10.22%	24.81%	-5.67%	-57.71%	64.42%	-7.74%	12.77%
Operating Return on Assets (OROA)	10.34%	7.55%	8.75%	10.38%	10.32%	2.02%	12.95%	12.75%	13.74%	15.68%	12.48%
Return on Assets (ROA)	9.56%	5.09%	3.10%	8.87%	8.20%	1.76%	8.19%	10.06%	10.73%	12.07%	8.90%
Return on Common Equity (ROCE)	27.10%	13.33%	7.48%	19.53%	16.69%	3.51%	14.71%	15.15%	15.94%	19.59%	14.26%
Return on Equity Simple (ROE_SIMPLE)	25.81%	13.08%	7.10%	18.36%	15.72%	3.48%	14.42%	16.43%	16.37%	18.88%	0.00%
Net Operating Profit after Tax (NOPAT)	310	195	118	339	322	186	316	376	422	545	516
NOPAT Margin	12.49%	8.12%	4.58%	12.34%	11.32%	7.50%	11.45%	12.57%	12.84%	15.00%	13.11%
Net Nonoperating Expense Percent (NNEP)	10.95%	-4.15%	-2.19%	-1.21%	0.83%	-17.51%	0.75%	1.20%	1.31%	-61.37%	-6.76%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	13.87%	15.43%	15.88%	10.59%
Cost of Revenue to Revenue	67.45%	68.37%	68.29%	67.68%	68.03%	68.43%	67.47%	69.13%	66.27%	65.65%	64.65%
SG&A Expenses to Revenue	10.39%	10.83%	10.00%	9.25%	8.48%	8.10%	8.35%	7.27%	8.97%	8.17%	9.35%
R&D to Revenue	3.17%	3.35%	3.62%	3.58%	3.44%	3.43%	3.43%	3.23%	3.13%	3.20%	2.81%
Operating Expenses to Revenue	17.26%	20.13%	19.36%	17.85%	17.52%	22.43%	14.64%	15.21%	17.64%	15.74%	17.97%
Earnings before Interest and Taxes (EBIT)	380	277	319	392	410	85	508	468	530	678	689
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	470	379	425	501	524	197	621	576	639	815	832
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.17	2.19	2.74	2.18	2.96	3.00	3.81	3.45	3.84	4.22	3.31
Price to Tangible Book Value (P/TBV)	7.46	6.36	7.90	4.90	6.09	5.94	6.97	7.95	6.96	13.26	6.32
Price to Revenue (P/Rev)	1.19	1.30	1.69	1.45	2.16	2.58	3.07	2.20	2.96	3.21	3.44
Price to Earnings (P/E)	8.41	16.80	38.50	11.91	18.91	88.12	26.81	17.89	23.64	22.47	27.73
Dividend Yield	0.00%	1.05%	1.03%	1.18%	0.84%	0.91%	0.89%	1.61%	0.98%	0.89%	0.81%
Earnings Yield	11.89%	5.95%	2.60%	8.40%	5.29%	1.13%	3.73%	5.59%	4.23%	4.45%	3.61%
Enterprise Value to Invested Capital (EV/IC)	2.34	2.44	3.02	2.56	3.62	4.10	4.51	1.72	4.20	3.97	4.02
Enterprise Value to Revenue (EV/Rev)	1.12	1.20	1.60	1.29	1.98	2.28	2.91	2.16	2.87	3.27	3.19
Enterprise Value to EBITDA (EV/EBITDA)	5.94	7.61	9.76	7.05	10.74	28.66	12.93	11.23	14.74	14.57	15.12
Enterprise Value to EBIT (EV/EBIT)	7.34	10.42	12.98	9.02	13.71	66.72	15.81	13.81	17.78	17.52	18.26
Enterprise Value to NOPAT (EV/NOPAT)	8.99	14.76	34.98	10.42	17.46	30.34	25.38	17.21	22.34	21.80	24.37
Enterprise Value to Operating Cash Flow (EV/OCF)	12.15	11.97	16.93	9.60	15.69	12.90	0.00	23.27	17.52	21.12	18.82
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	13.81	0.00	10.69	37.54	15.52	0.00	0.00	4.88	0.00	32.11
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.18	0.15	0.10	0.06	0.04	0.05	0.09	0.20	0.08	0.24	0.19
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.08	0.13
Financial Leverage	-0.29	-0.15	-0.16	-0.20	-0.25	-0.30	-0.28	0.23	0.25	-0.01	-0.11
Leverage Ratio	2.84	2.62	2.41	2.21	2.04	1.99	1.80	1.64	1.61	1.63	1.61
Compound Leverage Factor	2.86	2.45	2.34	2.20	2.06	2.01	1.80	1.61	1.58	1.56	1.52
Debt to Total Capital	15.25%	13.05%	9.29%	5.99%	4.00%	4.78%	8.14%	16.65%	7.08%	19.25%	16.06%
Short-Term Debt to Total Capital	15.25%	13.05%	9.29%	5.99%	4.00%	4.78%	8.14%	16.65%	6.87%	12.47%	5.36%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.21%	6.78%	10.70%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.20%	0.12%	0.10%	0.13%	0.13%	0.07%	0.20%	0.34%	0.40%	0.20%	0.14%
Common Equity to Total Capital	84.54%	86.83%	90.62%	93.88%	95.87%	95.15%	91.66%	70.29%	92.52%	80.55%	83.80%
Debt to EBITDA	0.52	0.57	0.39	0.23	0.17	0.54	0.32	0.78	0.30	0.81	0.94
Net Debt to EBITDA	-0.36	-0.65	-0.53	-0.89	-1.00	-3.83	-0.72	-0.19	-0.46	0.27	-1.15
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.29	0.63
Debt to NOPAT	0.79	1.10	1.38	0.34	0.27	0.57	0.62	1.20	0.46	1.21	1.52
Net Debt to NOPAT	-0.55	-1.26	-1.91	-1.31	-1.63	-4.05	-1.42	-0.29	-0.70	0.41	-1.86
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.43	1.01
Altman Z-Score	2.57	2.66	3.12	3.24	3.91	3.48	6.29	4.92	6.70	5.90	5.70
Noncontrolling Interest Sharing Ratio	0.34%	0.19%	0.12%	0.12%	0.14%	0.10%	0.15%	7.99%	7.60%	0.34%	0.20%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.57	1.62	1.64	1.89	2.04	2.20	1.86	1.55	1.79	1.40	2.58
Quick Ratio	1.05	1.14	1.13	1.26	1.40	1.57	1.30	1.00	1.12	0.86	1.92
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-247	209	-71	330	150	363	-89	-1,597	1,932	-203	392
Operating Cash Flow to CapEx	264.94%	216.07%	216.06%	0.00%	0.00%	685.87%	-9.45%	334.70%	503.94%	459.61%	550.95%
Free Cash Flow to Firm to Interest Expense	0.00	11.46	-7.18	660.74	0.00	0.00	0.00	-146.50	100.61	-5.53	8.15
Operating Cash Flow to Interest Expense	0.00	13.23	24.73	735.20	0.00	0.00	0.00	25.49	28.01	15.36	13.89
Operating Cash Flow Less CapEx to Interest Expense	0.00	7.10	13.28	926.20	0.00	0.00	0.00	17.87	22.45	12.02	11.37
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.68	0.66	0.71	0.73	0.72	0.59	0.71	0.81	0.85	0.84	0.71
Accounts Receivable Turnover	4.58	4.34	4.48	4.69	5.09	4.56	5.20	5.05	5.04	5.27	5.40
Inventory Turnover	5.64	5.59	5.82	5.37	5.01	4.50	4.71	4.28	3.92	4.09	3.97
Fixed Asset Turnover	5.60	5.30	5.24	5.28	5.42	4.69	5.35	5.77	6.04	6.38	6.54
Accounts Payable Turnover	5.37	5.34	5.41	5.38	5.77	5.31	5.49	5.33	5.19	5.32	5.51
Days Sales Outstanding (DSO)	79.66	84.13	81.43	77.76	71.71	79.98	70.14	72.32	72.49	69.28	67.61
Days Inventory Outstanding (DIO)	64.77	65.24	62.76	68.01	72.89	81.09	77.42	85.25	93.05	89.33	92.05
Days Payable Outstanding (DPO)	67.96	68.41	67.51	67.84	63.30	68.80	66.54	68.44	70.30	68.56	66.19
Cash Conversion Cycle (CCC)	76.47	80.96	76.67	77.93	81.30	92.27	81.01	89.13	95.24	90.04	93.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,195	1,182	1,372	1,380	1,552	1,375	1,781	3,753	2,243	2,991	3,131
Invested Capital Turnover	2.71	2.02	2.02	2.00	1.94	1.69	1.75	1.08	1.10	1.39	1.28
Increase / (Decrease) in Invested Capital	558	-13	190	8.30	172	-177	406	1,973	-1,510	747	125
Enterprise Value (EV)	2,792	2,882	4,145	3,530	5,626	5,637	8,034	6,465	9,421	11,873	12,581
Market Capitalization	2,958	3,127	4,369	3,973	6,149	6,389	8,479	6,565	9,706	11,645	13,534
Book Value per Share	$15.22	$16.17	$18.14	$20.80	$23.66	$24.61	$26.00	$23.02	$30.79	$33.90	$52.36
Tangible Book Value per Share	$4.43	$5.57	$6.29	$9.25	$11.51	$12.44	$14.20	$9.99	$17.00	$10.78	$27.44
Total Capital	1,611	1,643	1,761	1,941	2,164	2,235	2,428	2,708	2,733	3,430	4,874
Total Debt	246	214	164	116	87	107	198	451	193	660	783
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.70	233	522
Net Debt	-170	-246	-226	-445	-526	-753	-450	-110	-296	221	-960
Capital Expenditures (CapEx)	87	111	113	-96	-91	64	80	83	107	122	121
Debt-free, Cash-free Net Working Capital (DFCFNWC)	375	289	353	328	362	293	344	541	518	520	574
Debt-free Net Working Capital (DFNWC)	790	750	743	889	974	1,153	991	1,102	1,008	959	2,317
Net Working Capital (NWC)	545	536	579	773	887	1,046	794	651	820	532	2,056
Net Nonoperating Expense (NNE)	-41	8.65	5.17	4.07	-4.05	112	-4.51	6.28	7.84	23	25
Net Nonoperating Obligations (NNO)	-170	-246	-226	-445	-526	-753	-450	1,496	-296	221	-960
Total Depreciation and Amortization (D&A)	90	102	105	109	113	112	113	107	109	137	143
Debt-free, Cash-free Net Working Capital to Revenue	15.07%	12.02%	13.66%	11.95%	12.70%	11.84%	12.44%	18.11%	15.79%	14.32%	14.58%
Debt-free Net Working Capital to Revenue	31.80%	31.18%	28.74%	32.39%	34.20%	46.54%	35.86%	36.89%	30.69%	26.42%	58.84%
Net Working Capital to Revenue	21.91%	22.27%	22.41%	28.16%	31.17%	42.23%	28.71%	21.80%	24.97%	14.64%	52.20%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.92	$2.09	$1.29	$3.81	$3.71	$0.84	$3.68	$4.40	$4.99	$6.34	$6.15
Adjusted Weighted Average Basic Shares Outstanding	89.80M	89.20M	88.30M	87.70M	87.70M	86.70M	86M	83.40M	82.30M	81.80M	79.40M
Adjusted Diluted Earnings per Share	$3.88	$2.07	$1.28	$3.76	$3.67	$0.83	$3.66	$4.38	$4.96	$6.30	$6.11
Adjusted Weighted Average Diluted Shares Outstanding	90.70M	89.90M	89M	88.70M	88.60M	87.30M	86.50M	83.70M	82.70M	82.30M	79.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	89.50M	88.40M	88.20M	87.40M	87.80M	173M	170.60M	82.70M	82.10M	81.40M	86M
Normalized Net Operating Profit after Tax (NOPAT)	236	177	209	313	317	287	271	363	422	545	516
Normalized NOPAT Margin	9.49%	7.34%	8.08%	11.39%	11.14%	11.59%	9.82%	12.14%	12.84%	15.01%	13.11%
Pre Tax Income Margin	15.38%	10.74%	11.97%	14.24%	14.56%	3.44%	18.41%	15.46%	15.82%	17.84%	16.54%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	15.20	32.25	783.00	0.00	0.00	0.00	42.95	27.60	18.51	14.32
NOPAT to Interest Expense	0.00	10.73	11.97	677.34	0.00	0.00	0.00	34.47	21.96	14.88	10.73
EBIT Less CapEx to Interest Expense	0.00	9.08	20.81	974.00	0.00	0.00	0.00	35.34	22.04	15.17	11.80
NOPAT Less CapEx to Interest Expense	0.00	4.61	0.52	868.34	0.00	0.00	0.00	26.85	16.40	11.54	8.21
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	12.17%	23.90%	40.07%	-14.14%	-15.97%	79.84%	23.61%	23.80%	23.15%	20.07%	22.59%
Augmented Payout Ratio	36.06%	65.59%	69.11%	-14.14%	-28.66%	178.89%	56.26%	90.20%	37.65%	40.10%	128.64%

This table displays calculated financial ratios and metrics derived from ITT's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/30/2024	6/29/2024	9/28/2024	12/31/2024	3/29/2025	6/28/2025	9/27/2025	12/31/2025	4/4/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	86,000,000.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	86,000,000.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.91
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.09%	7.04%	14.12%	8.63%	7.68%	12.05%	0.26%	7.34%	12.87%	13.46%	32.74%
EBITDA Growth	18.57%	-16.76%	20.95%	13.31%	40.35%	35.18%	2.22%	9.15%	-10.51%	9.68%	4.34%
EBIT Growth	20.30%	-19.91%	19.87%	12.11%	44.51%	34.44%	0.33%	9.07%	-12.50%	12.72%	-5.79%
NOPAT Growth	7.24%	-20.69%	11.37%	12.58%	49.28%	44.37%	-1.56%	3.58%	-20.95%	1.81%	-23.61%
Net Income Growth	8.33%	-20.41%	11.22%	10.56%	44.63%	38.10%	-3.02%	0.66%	-21.02%	3.68%	-27.13%
EPS Growth	8.94%	0.00%	0.00%	0.00%	46.27%	0.00%	0.00%	0.00%	-17.77%	0.00%	-33.08%
Operating Cash Flow Growth	178.82%	4.67%	-0.52%	12.97%	-27.21%	31.00%	96.53%	-2.60%	40.53%	2.02%	-64.99%
Free Cash Flow Firm Growth	87.57%	186.55%	-41.71%	-27.34%	-2,436.73%	-138.09%	31.58%	-151.68%	114.84%	102.28%	-1,810.83%
Invested Capital Growth	6.76%	-40.23%	21.74%	13.16%	39.91%	33.31%	13.50%	22.11%	0.84%	4.14%	159.39%
Revenue Q/Q Growth	-1.42%	0.85%	9.83%	-0.52%	-2.29%	4.95%	-1.72%	6.51%	2.75%	5.49%	14.98%
EBITDA Q/Q Growth	2.31%	-13.58%	17.52%	7.40%	26.72%	-16.76%	-6.43%	11.00%	3.81%	-1.24%	-8.32%
EBIT Q/Q Growth	1.41%	-14.51%	15.47%	9.94%	30.72%	-20.47%	-8.22%	14.81%	4.76%	-1.53%	-20.46%
NOPAT Q/Q Growth	1.85%	-16.45%	22.34%	8.14%	35.06%	-19.20%	-16.23%	13.75%	2.96%	3.85%	-37.19%
Net Income Q/Q Growth	2.66%	-17.35%	21.21%	7.50%	34.30%	-21.09%	-14.50%	11.55%	5.26%	3.36%	-39.95%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	21.63%	0.29%	-66.12%	173.31%	-21.62%	80.50%	-49.17%	35.45%	13.09%	31.03%	-82.56%
Free Cash Flow Firm Q/Q Growth	79.48%	5,730.14%	-123.04%	52.18%	-308.84%	15.47%	58.66%	-75.65%	124.17%	-86.69%	-33,931.46%
Invested Capital Q/Q Growth	-2.54%	0.43%	21.09%	-4.52%	20.50%	-4.31%	3.10%	2.72%	-0.49%	-0.65%	155.40%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.99%	34.50%	33.03%	34.89%	35.47%	34.06%	34.64%	35.66%	35.55%	35.49%	35.38%
EBITDA Margin	21.04%	18.03%	19.59%	21.15%	27.43%	21.75%	20.71%	21.59%	21.81%	20.42%	16.28%
Operating Margin	17.41%	14.33%	16.38%	17.55%	23.49%	17.21%	16.53%	18.01%	18.00%	16.95%	11.65%
EBIT Margin	17.52%	14.85%	15.90%	17.57%	23.51%	17.81%	16.64%	17.94%	18.29%	17.07%	11.81%
Profit (Net Income) Margin	13.60%	11.14%	12.30%	13.29%	18.27%	13.74%	11.95%	12.52%	12.82%	12.56%	6.56%
Tax Burden Percent	78.90%	78.64%	77.35%	78.49%	80.97%	85.24%	75.61%	74.12%	74.26%	77.65%	61.72%
Interest Burden Percent	98.40%	95.45%	100.00%	96.36%	95.96%	90.45%	95.00%	94.15%	94.42%	94.77%	90.01%
Effective Tax Rate	21.10%	20.60%	22.65%	21.51%	18.93%	14.83%	24.39%	25.88%	25.68%	22.35%	38.28%
Return on Invested Capital (ROIC)	20.50%	12.46%	17.40%	19.56%	25.09%	20.34%	15.66%	17.14%	16.25%	16.90%	5.50%
ROIC Less NNEP Spread (ROIC-NNEP)	21.89%	12.14%	4.38%	33.92%	17.65%	43.27%	13.32%	14.48%	14.95%	18.62%	5.07%
Return on Net Nonoperating Assets (RNNOA)	-0.77%	3.04%	0.05%	-0.42%	0.63%	-0.61%	1.06%	1.71%	2.34%	-2.00%	2.39%
Return on Equity (ROE)	19.72%	15.49%	17.44%	19.14%	25.72%	19.73%	16.72%	18.85%	18.59%	14.89%	7.89%
Cash Return on Invested Capital (CROIC)	14.09%	64.42%	-2.08%	5.97%	-14.49%	-7.74%	6.08%	-0.90%	15.47%	12.77%	-79.86%
Operating Return on Assets (OROA)	15.10%	12.64%	13.22%	14.69%	18.98%	14.97%	13.09%	14.08%	13.94%	12.18%	6.27%
Return on Assets (ROA)	11.72%	9.49%	10.22%	11.11%	14.75%	11.54%	9.40%	9.82%	9.77%	8.96%	3.48%
Return on Common Equity (ROCE)	19.64%	14.32%	17.37%	19.05%	25.64%	19.66%	16.66%	18.78%	18.54%	14.86%	7.87%
Return on Equity Simple (ROE_SIMPLE)	18.16%	0.00%	16.51%	16.94%	17.70%	0.00%	18.65%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	113	94	115	125	169	136	114	130	134	139	87
NOPAT Margin	13.73%	11.38%	12.67%	13.78%	19.04%	14.66%	12.50%	13.35%	13.37%	13.17%	7.19%
Net Nonoperating Expense Percent (NNEP)	-1.39%	0.32%	13.01%	-14.36%	7.44%	-22.93%	2.33%	2.66%	1.30%	-1.72%	0.43%
Return On Investment Capital (ROIC_SIMPLE)	-	3.45%	-	-	-	3.97%	3.24%	3.57%	3.64%	2.85%	1.01%
Cost of Revenue to Revenue	66.01%	65.50%	66.97%	65.11%	64.53%	65.94%	65.36%	64.34%	64.45%	64.51%	64.62%
SG&A Expenses to Revenue	8.14%	10.96%	7.85%	8.48%	8.45%	7.91%	9.34%	8.81%	8.99%	10.21%	12.72%
R&D to Revenue	3.04%	3.08%	3.29%	3.28%	3.23%	3.01%	2.95%	2.98%	2.81%	2.54%	2.73%
Operating Expenses to Revenue	16.58%	20.17%	16.65%	17.34%	11.99%	16.85%	18.12%	17.66%	17.56%	18.54%	23.73%
Earnings before Interest and Taxes (EBIT)	144	123	145	159	208	166	152	174	183	180	143
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	173	150	178	192	243	202	189	210	218	215	197
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.30	3.84	4.33	4.13	4.46	4.22	3.77	4.86	5.18	3.31	3.51
Price to Tangible Book Value (P/TBV)	6.19	6.96	10.77	9.85	15.55	13.26	11.93	20.73	19.02	6.32	0.00
Price to Revenue (P/Rev)	2.47	2.96	3.28	3.07	3.47	3.21	2.88	3.36	3.62	3.44	3.92
Price to Earnings (P/E)	18.33	23.64	26.43	24.58	25.38	22.47	20.34	24.07	28.63	27.73	36.31
Dividend Yield	1.17%	0.98%	0.88%	0.94%	0.83%	0.89%	1.02%	0.85%	0.78%	0.81%	0.74%
Earnings Yield	5.46%	4.23%	3.78%	4.07%	3.94%	4.45%	4.92%	4.16%	3.49%	3.61%	2.75%
Enterprise Value to Invested Capital (EV/IC)	3.48	4.20	4.15	4.15	4.04	3.97	3.50	4.12	4.53	4.02	2.49
Enterprise Value to Revenue (EV/Rev)	2.41	2.87	3.32	3.10	3.58	3.27	2.97	3.53	3.74	3.19	4.69
Enterprise Value to EBITDA (EV/EBITDA)	11.63	14.74	16.84	15.55	16.57	14.57	13.16	15.59	17.61	15.12	23.65
Enterprise Value to EBIT (EV/EBIT)	13.89	17.78	20.37	18.85	19.89	17.52	15.90	18.83	21.42	18.26	29.22
Enterprise Value to NOPAT (EV/NOPAT)	17.44	22.34	26.03	24.06	25.11	21.80	19.86	23.82	27.89	24.37	40.56
Enterprise Value to Operating Cash Flow (EV/OCF)	14.68	17.52	21.00	19.38	24.80	21.12	17.45	21.25	21.51	18.82	33.42
Enterprise Value to Free Cash Flow (EV/FCFF)	25.53	4.88	0.00	73.81	0.00	0.00	61.17	0.00	29.40	32.11	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.10	0.08	0.21	0.21	0.30	0.24	0.26	0.42	0.37	0.19	0.81
Long-Term Debt to Equity	0.00	0.00	0.09	0.07	0.17	0.08	0.00	0.24	0.22	0.13	0.71
Financial Leverage	-0.04	0.25	0.01	-0.01	0.04	-0.01	0.08	0.12	0.16	-0.11	0.47
Leverage Ratio	1.67	1.61	1.67	1.68	1.69	1.63	1.72	1.83	1.84	1.61	2.12
Compound Leverage Factor	1.64	1.53	1.67	1.62	1.62	1.47	1.63	1.72	1.74	1.52	1.91
Debt to Total Capital	9.21%	7.08%	17.62%	17.45%	23.16%	19.25%	20.92%	29.47%	27.15%	16.06%	44.80%
Short-Term Debt to Total Capital	9.21%	6.87%	10.28%	11.40%	10.11%	12.47%	20.80%	12.35%	11.40%	5.36%	5.55%
Long-Term Debt to Total Capital	0.00%	0.21%	7.34%	6.06%	13.04%	6.78%	0.13%	17.13%	15.75%	10.70%	39.25%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.38%	0.40%	0.37%	0.40%	0.18%	0.20%	0.18%	0.20%	0.20%	0.14%	0.09%
Common Equity to Total Capital	90.41%	92.52%	82.01%	82.14%	76.66%	80.55%	78.89%	70.33%	72.65%	83.80%	55.11%
Debt to EBITDA	0.37	0.30	0.83	0.79	1.09	0.81	0.90	1.28	1.23	0.94	4.58
Net Debt to EBITDA	-0.28	-0.46	0.19	0.18	0.48	0.27	0.36	0.72	0.59	-1.15	3.87
Long-Term Debt to EBITDA	0.00	0.01	0.34	0.27	0.61	0.29	0.01	0.74	0.71	0.63	4.02
Debt to NOPAT	0.55	0.46	1.28	1.22	1.65	1.21	1.36	1.96	1.94	1.52	7.86
Net Debt to NOPAT	-0.42	-0.70	0.30	0.27	0.73	0.41	0.55	1.10	0.94	-1.86	6.64
Long-Term Debt to NOPAT	0.00	0.01	0.53	0.42	0.93	0.43	0.01	1.14	1.13	1.01	6.89
Altman Z-Score	5.66	6.36	5.66	5.51	5.24	5.54	4.90	4.83	5.31	5.43	2.47
Noncontrolling Interest Sharing Ratio	0.41%	7.60%	0.44%	0.47%	0.32%	0.34%	0.34%	0.38%	0.26%	0.20%	0.19%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.71	1.79	1.59	1.55	1.58	1.40	1.19	1.45	1.52	2.58	1.53
Quick Ratio	1.06	1.12	0.98	0.91	0.99	0.86	0.73	0.89	0.94	1.92	0.87
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-28	1,604	-370	-177	-723	-611	-253	-444	107	14	-4,827
Operating Cash Flow to CapEx	764.86%	435.55%	208.30%	679.74%	337.70%	612.91%	308.15%	936.59%	627.08%	563.37%	152.11%
Free Cash Flow to Firm to Interest Expense	-6.78	0.00	0.00	-23.89	-72.29	0.00	-27.16	-35.22	9.16	0.98	-195.42
Operating Cash Flow to Interest Expense	40.43	0.00	0.00	21.31	12.36	0.00	12.19	12.19	14.85	15.70	1.61
Operating Cash Flow Less CapEx to Interest Expense	35.14	0.00	0.00	18.18	8.70	0.00	8.24	10.89	12.48	12.91	0.55
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.86	0.85	0.83	0.84	0.81	0.84	0.79	0.79	0.76	0.71	0.53
Accounts Receivable Turnover	4.96	5.04	4.78	4.97	4.78	5.27	4.80	4.92	4.74	5.40	4.71
Inventory Turnover	3.93	3.92	3.82	4.02	3.87	4.09	3.80	3.94	3.88	3.97	3.39
Fixed Asset Turnover	6.36	6.04	6.20	6.47	6.41	6.38	6.28	6.40	6.45	6.54	6.10
Accounts Payable Turnover	5.41	5.19	5.25	5.46	5.33	5.32	5.08	5.34	5.40	5.51	4.91
Days Sales Outstanding (DSO)	73.65	72.49	76.42	73.45	76.29	69.28	76.03	74.15	77.07	67.61	77.51
Days Inventory Outstanding (DIO)	92.94	93.05	95.49	90.83	94.24	89.33	96.05	92.71	94.06	92.05	107.59
Days Payable Outstanding (DPO)	67.53	70.30	69.49	66.85	68.50	68.56	71.81	68.41	67.57	66.19	74.34
Cash Conversion Cycle (CCC)	99.06	95.24	102.42	97.43	102.03	90.04	100.28	98.45	103.57	93.47	110.75
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,234	2,243	2,716	2,594	3,125	2,991	3,083	3,167	3,152	3,131	7,997
Invested Capital Turnover	1.49	1.10	1.37	1.42	1.32	1.39	1.25	1.28	1.22	1.28	0.76
Increase / (Decrease) in Invested Capital	141	-1,510	485	302	891	747	367	574	26	125	4,914
Enterprise Value (EV)	7,784	9,421	11,283	10,766	12,631	11,873	10,781	13,041	14,279	12,581	19,874
Market Capitalization	7,959	9,706	11,141	10,632	12,255	11,645	10,477	12,431	13,792	13,534	16,615
Book Value per Share	$29.34	$30.79	$31.32	$31.31	$33.65	$33.90	$34.14	$32.48	$34.17	$52.36	$55.09
Tangible Book Value per Share	$15.65	$17.00	$12.59	$13.11	$9.65	$10.78	$10.79	$7.62	$9.30	$27.44	($26.61)
Total Capital	2,665	2,733	3,139	3,137	3,586	3,430	3,523	3,635	3,668	4,874	8,598
Total Debt	245	193	553	548	830	660	737	1,071	996	783	3,852
Total Long-Term Debt	0.00	5.70	231	190	468	233	4.50	623	578	522	3,375
Net Debt	-185	-296	130	122	370	221	297	604	479	-960	3,252
Capital Expenditures (CapEx)	22	39	28	23	37	36	37	16	28	40	26
Debt-free, Cash-free Net Working Capital (DFCFNWC)	552	518	610	617	638	520	601	620	634	574	868
Debt-free Net Working Capital (DFNWC)	983	1,008	1,033	1,042	1,099	959	1,041	1,088	1,150	2,317	1,468
Net Working Capital (NWC)	738	820	711	685	736	532	309	639	732	2,056	991
Net Nonoperating Expense (NNE)	1.10	1.93	3.40	4.40	6.85	8.59	4.99	8.08	5.53	6.37	7.65
Net Nonoperating Obligations (NNO)	-185	-296	130	4.40	370	221	297	604	479	-960	3,252
Total Depreciation and Amortization (D&A)	29	26	34	32	35	37	37	36	35	35	54
Debt-free, Cash-free Net Working Capital to Revenue	17.10%	15.79%	17.98%	17.78%	18.06%	14.32%	16.55%	16.75%	16.63%	14.58%	20.47%
Debt-free Net Working Capital to Revenue	30.44%	30.69%	30.43%	30.05%	31.12%	26.42%	28.66%	29.40%	30.17%	58.84%	34.65%
Net Working Capital to Revenue	22.84%	24.97%	20.93%	19.74%	20.85%	14.64%	8.49%	17.26%	19.21%	52.20%	23.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.35	$0.00	$0.00	$0.00	$1.97	$0.00	$0.00	$0.00	$1.63	$0.00	$0.89
Adjusted Weighted Average Basic Shares Outstanding	82.10M	82.30M	82.20M	82M	81.60M	81.80M	81.30M	79M	78M	79.40M	87.20M
Adjusted Diluted Earnings per Share	$1.34	$0.00	$0.00	$0.00	$1.96	$0.00	$0.00	$0.00	$1.62	$0.00	$0.89
Adjusted Weighted Average Diluted Shares Outstanding	82.50M	82.70M	82.70M	82.40M	82.10M	82.30M	81.70M	79.40M	78.40M	79.90M	87.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	82.10M	82.10M	82.30M	81.70M	81.50M	81.40M	78.70M	78M	78M	86M	89.40M
Normalized Net Operating Profit after Tax (NOPAT)	113	94	115	125	169	136	114	130	134	139	87
Normalized NOPAT Margin	13.73%	11.38%	12.67%	13.78%	19.04%	14.66%	12.50%	13.35%	13.37%	13.17%	7.19%
Pre Tax Income Margin	17.24%	14.17%	15.90%	16.93%	22.56%	16.11%	15.81%	16.89%	17.27%	16.18%	10.63%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	34.29	0.00	0.00	21.51	20.81	0.00	16.33	13.84	15.62	12.41	5.79
NOPAT to Interest Expense	26.88	0.00	0.00	16.86	16.85	0.00	12.27	10.30	11.42	9.57	3.53
EBIT Less CapEx to Interest Expense	29.00	0.00	0.00	18.38	17.15	0.00	12.38	12.54	13.25	9.62	4.74
NOPAT Less CapEx to Interest Expense	21.60	0.00	0.00	13.73	13.19	0.00	8.31	9.00	9.05	6.78	2.47
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	21.42%	23.15%	23.08%	22.97%	21.09%	20.07%	20.63%	20.86%	22.58%	22.59%	25.41%
Augmented Payout Ratio	35.06%	37.65%	30.13%	41.07%	42.47%	40.10%	60.08%	122.25%	125.96%	128.64%	138.25%

Financials Breakdown Chart

Key Financial Trends

ITT Inc. (NYSE: ITT) has shown a generally positive multi-year trajectory across revenue, cash flow, and profitability, with some compression in margins and rising leverage in the more recent quarters. The four-year view reflects steady top‑line growth, improving operating cash flow, and a resilient dividend policy, alongside a modest increase in debt financing and balance-sheet scale.

Strong revenue growth with solid gross margins. Operating revenue rose from about $774.6 million in 2022 Q4 to about $1.054 billion in 2025 Q4, while gross profit grew from roughly $248.3 million to about $374.1 million, with gross margins consistently in the mid‑30% range.
Net income and earnings per share trending higher. Net income attributable to common shareholders reached about $131.7 million in 2025 Q4, with basic earnings per share around $1.63, up from roughly $1.38–$1.40 per share in earlier periods.
Operating cash flow improving and cash generation consistent. Net cash from continuing operating activities was about $227.6 million in 2025 Q4, up meaningfully from prior years (e.g., ~$162.5 million in 2022 Q4), indicating stronger cash conversion on earnings.
Liquidity improving on the balance sheet. Cash and equivalents rose to about $516 million by 2025 Q3, up from about $461 million in 2024 Q3, contributing to stronger liquidity for growth initiatives and debt service.
Dividend policy remains steady and investor-friendly. Quarterly cash dividends per share have hovered in the mid‑$0.30s (e.g., around $0.32–$0.35 per share), signaling a stable capital return framework amid growth.
Operating margin shows a modest compression over time. Margin declined from the high‑teens/around 19% in early years to roughly 17% in 2024–2025, reflecting mix shifts and ongoing cost dynamics, though absolute operating income remains solid.
Investing cash flow remains cash‑outflow heavy due to capex and acquisitions. Net cash from continuing investing activities has been negative in several quarters (e.g., around -$47–$48 million in 2025 Q4), indicating ongoing capital investment and expansion activity.
Balance sheet scale and leverage trend upward as assets/liabilities grow. Total assets expanded to about $5.05 billion by 2025 Q3, with total liabilities rising toward ~$2.39 billion in the same period, reflecting growth and financing activity rather than a narrowing balance sheet.
Long‑term debt has risen, increasing leverage. Long‑term debt was about $577.7 million by 2025 Q3 (up from prior periods), contributing to higher total liabilities and interest expense considerations.
Net income margin has softened despite higher revenue. Net income margin sits around the low to mid-teens (roughly 12–14%) in 2024–2025 versus higher levels in earlier years, signaling margin pressure that may require ongoing efficiency or pricing discipline.

05/11/26 03:49 PM ETAI Generated. May Contain Errors.

ITT Financials - Frequently Asked Questions

According to the most recent income statement we have on file, ITT's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

ITT's net income appears to be on an upward trend, with a most recent value of $491.30 million in 2025, rising from $351.60 million in 2015. The previous period was $523.30 million in 2024. View ITT's forecast to see where analysts expect ITT to go next.

ITT's total operating income in 2025 was $684.50 million, based on the following breakdown:

Total Gross Profit: $1.39 billion
Total Operating Expenses: $707.90 million

Over the last 10 years, ITT's total revenue changed from $2.49 billion in 2015 to $3.94 billion in 2025, a change of 58.5%.

ITT's total liabilities were at $2.22 billion at the end of 2025, a 14.1% increase from 2024, and a 5.9% decrease since 2015.

In the past 10 years, ITT's cash and equivalents has ranged from $389.80 million in 2017 to $1.74 billion in 2025, and is currently $1.74 billion as of their latest financial filing in 2025.

Over the last 10 years, ITT's book value per share changed from 15.22 in 2015 to 52.36 in 2025, a change of 244.1%.

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Financial statements for NYSE:ITT last updated on 5/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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ITT (ITT) Financials

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ITT (ITT) Financials

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