Itt Inc. (ITT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$1.95	$2.08	+6.7%	—	—	—
Q4 26	$1.74	$1.98	+13.8%	—	—	—
Q3 26	$1.78	$1.85	+3.9%	—	—	—
Q2 26	$1.67	$1.78	+6.6%	—	—	—
Q1 26	$1.61	$1.64	+1.9%	—	—	—
Q4 25	$1.44	$1.45	+0.7%	—	—	—
Q3 25	$1.47	$1.5	+2.0%	—	—	—
Q2 25	$1.43	$1.46	+2.1%	—	—	—
Q1 25	$1.46	$1.49	+2.1%	—	—	—
Q4 24	$1.36	$1.42	+4.4%	—	—	—
Q3 24	$1.34	$1.34	0.0%	—	—	—
Q2 24	$1.28	$1.37	+7.0%	—	—	—
Q1 24	$1.18	$1.33	+12.7%	—	—	—
Q4 23	$1.12	$1.17	+4.5%	—	—	—
Q3 23	$1.24	$1.2	-3.2%	—	—	—
Q2 23	$1.17	$1.2	+2.6%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$6.15	—	—	$3.9B	—
FY24	—	$6.34	—	—	$3.6B	—
FY23	—	$4.99	—	—	$3.3B	—
FY22	—	$4.4	—	—	$3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.4B	$2.6B	$2.7B	$2.8B	$2.5B	$2.8B	$3B	$3.3B	$3.6B	$3.9B
YoY change	-3.23%	+7.48%	+6.18%	+3.69%	-12.9%	+11.6%	+8.05%	+9.88%	+10.6%	+8.48%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.4B	2.6B	2.7B	2.8B	2.5B	2.8B	3B	3.3B	3.6B	3.9B
Cost of revenue	1.6B	1.8B	1.9B	1.9B	1.7B	1.9B	2.1B	2.2B	2.4B	2.5B
Gross profit	760.9M	819.9M	887.2M	910.1M	782.2M	899.5M	922.3M	1.1B	1.2B	1.4B
Gross margin	31.6%	31.7%	32.3%	32%	31.6%	32.5%	30.9%	33.7%	34.4%	35.4%
Research & development	80.5M	93.5M	98.4M	97.9M	84.9M	94.9M	96.5M	102.6M	116.3M	110.8M
Selling, general & administrative	430.3M	427.9M	422.1M	407.2M	345.2M	381.7M	374.1M	476.6M	502.3M	597.1M
Operating expenses	485.2M	501.5M	525.4M	553M	460.9M	491M	470.6M	579.2M	618.6M	707.9M
Operating income	275.7M	318.4M	361.8M	357.1M	321.3M	408.5M	451.7M	528.1M	628.7M	684.5M
Operating margin	11.5%	12.3%	13.2%	12.5%	13%	14.8%	15.1%	16.1%	17.3%	17.4%
Non-operating income, net	-18.1M	900K	29.7M	53.2M	-236.8M	99.5M	16.5M	1.8M	48.9M	4.4M
Pretax income	258.4M	309.4M	391M	414.4M	85.2M	509.1M	461.8M	519.5M	647.6M	651.5M
Income tax	76M	194.6M	57.7M	89.9M	15.3M	189.6M	91.1M	104.8M	125.8M	160.1M
Net income	186.6M	113.3M	334.6M	326.2M	73.9M	321M	369.4M	413.8M	521.7M	491.3M
Net margin	7.76%	4.38%	12.2%	11.5%	2.98%	11.6%	12.4%	12.6%	14.4%	12.5%
EBITDA	376.8M	423.7M	465.4M	484.3M	392.4M	425.8M	559.3M	639M	774.2M	842.8M
EPS	2.09	1.29	3.81	3.71	0.84	3.68	4.4	4.99	6.34	6.15
Diluted EPS	2.07	1.28	3.76	3.67	0.83	3.66	4.38	4.96	6.3	6.11

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	822.1M	829.1M	910.6M	905.9M	885.2M	929M	913M	972.4M	999.1M	1.1B	1.2B	1.5B
Cost of revenue	542.7M	543.1M	609.8M	589.8M	571.2M	612.6M	596.7M	625.6M	643.9M	679.9M	783.1M	963M
Gross profit	279.4M	286M	300.8M	316.1M	314M	316.4M	316.3M	346.8M	355.2M	374.1M	428.8M	510.1M
Gross margin	34%	34.5%	33%	34.9%	35.5%	34.1%	34.6%	35.7%	35.6%	35.5%	35.4%	34.6%
Research & development	25M	25.5M	30M	29.7M	28.6M	28M	26.9M	29M	28.1M	26.8M	33.1M	35.8M
Selling, general & administrative	111.3M	141.8M	121.6M	127.2M	125.3M	128M	138.5M	142.7M	147.3M	168.6M	227.8M	231.4M
Operating expenses	136.3M	167.3M	151.6M	156.9M	153.9M	156M	165.4M	171.7M	175.4M	195.4M	260.9M	267.2M
Operating income	143.1M	118.7M	149.2M	159.2M	160.1M	160.4M	150.9M	175.1M	179.8M	178.7M	141.2M	180.3M
Operating margin	17.4%	14.3%	16.4%	17.6%	18.1%	17.3%	16.5%	18%	18%	17%	11.7%	12.2%
Non-operating income, net	900K	—	—	—	48M	-800K	1M	-700K	2.9M	1.2M	1.9M	800K
Pretax income	141.7M	117.5M	144.8M	153.4M	199.7M	149.7M	144.3M	164.2M	172.5M	170.5M	128.8M	135.2M
Income tax	29.9M	24.2M	32.8M	33M	37.8M	22.2M	35.2M	42.5M	44.3M	38.1M	49.3M	48.7M
Net income	111.8M	92.4M	112M	120.4M	161.7M	127.6M	109.1M	121.7M	128.1M	132.4M	79.5M	86.5M
Net margin	13.6%	11.1%	12.3%	13.3%	18.3%	13.7%	11.9%	12.5%	12.8%	12.6%	6.56%	5.87%
EBITDA	174.9M	146.9M	186.1M	193.2M	196.6M	198.3M	190.8M	212.3M	219.4M	220.3M	207.7M	280.3M
EPS	1.35	1.11	1.35	1.45	1.97	1.56	1.33	1.53	1.63	1.65	0.89	0.95
Diluted EPS	1.34	1.11	1.34	1.45	1.96	1.55	1.33	1.52	1.62	1.64	0.89	0.95

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	3.4B	4.7B	4.2B	6.5B	6.7B	8.8B	6.8B	9.8B	11.7B	13.8B	18.6B
Enterprise value	3.2B	4.5B	3.8B	6.1B	6B	8.4B	6.7B	9.6B	12B	12.9B	21.7B
Shares outstanding	89.2M	88.3M	87.7M	87.7M	86.7M	86M	83.4M	82.3M	81.8M	79.4M	79.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	18.4	41.6	12.7	19.9	90.4	27.4	18.3	23.7	22.4	28	40.5
P/S	1.43	1.82	1.54	2.28	2.69	3.18	2.26	2.99	3.22	3.5	4.73
P/B	2.41	2.95	2.32	3.12	3.14	3.94	3	3.87	4.22	3.37	3.84
EV/EBITDA	8.48	10.6	8.14	12.5	15.4	19.8	12	15	15.5	15.3	21.9
EV/Sales	1.33	1.74	1.38	2.13	2.43	3.05	2.26	2.93	3.31	3.28	4.58
Earnings yield	5.42%	2.4%	7.9%	5.03%	1.11%	3.65%	5.46%	4.21%	4.46%	3.57%	2.47%
FCF yield	4.11%	2.79%	6.43%	4.12%	5.59%	-1.09%	2.57%	4.38%	3.75%	3.97%	1.65%
PEG	—	—	—	—	—	—	—	—	—	—	-1.07

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	31.6%	31.7%	32.3%	32%	31.6%	32.5%	30.9%	33.7%	34.4%	35.4%	34.6%
Operating margin	11.5%	12.3%	13.2%	12.5%	13%	14.8%	15.1%	16.1%	17.3%	17.4%	12.4%
Net margin	7.76%	4.38%	12.2%	11.5%	2.98%	11.6%	12.4%	12.6%	14.4%	12.5%	8.9%
ROE	13.1%	7.09%	18.3%	15.7%	3.47%	14.4%	16.4%	16.3%	18.8%	12%	11.6%
ROA	5.18%	3.06%	8.7%	7.94%	1.73%	9%	9.77%	10.5%	11.1%	7.79%	5.98%
ROIC	16.5%	8.61%	22.4%	16.8%	17.8%	13.7%	16.2%	18.1%	16.4%	16.1%	5.93%
Return on tangible assets	11.3%	7.4%	19.1%	17%	3.47%	21.2%	23.1%	25.1%	56%	20.4%	-14.8%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.62	1.64	1.89	2.04	2.2	1.86	1.55	1.79	1.4	2.58	1.26
Quick ratio	1.28	1.3	1.45	1.58	1.79	1.39	1.1	1.24	0.96	2.07	0.85
Debt / equity	0.15	0.1	0.06	0.09	0.1	0.13	0.24	0.11	0.27	0.21	0.8
Debt / assets	0.06	0.04	0.03	0.05	0.05	0.08	0.14	0.07	0.16	0.14	0.35
Net debt / EBITDA	-0.65	-0.53	-0.96	-0.86	-1.65	-0.84	-0.04	-0.32	0.41	-1.04	3.5
Interest coverage	15.1	32.3	783	119	—	—	73.2	51	18.7	14.5	7.03
Effective tax rate	29.4%	62.9%	14.8%	21.7%	18%	37.2%	19.7%	20.2%	19.4%	24.6%	29.7%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	27	29.3	31.3	32.5	28.6	32.2	35.8	39.9	44.4	49.6	56.8
EPS (basic)	2.09	1.29	3.81	3.71	0.84	3.68	4.4	4.99	6.34	6.15	6.15
EPS (diluted)	2.07	1.28	3.76	3.67	0.83	3.66	4.38	4.96	6.3	6.11	5.09
Book value per share	16	18.1	20.8	23.7	24.5	25.9	27.1	30.9	33.9	51.5	53.7
FCF per share	1.58	1.49	3.1	3.05	4.3	-1.12	2.09	5.23	5.36	6.89	5.67
Cash per share	5.16	4.41	6.4	6.98	9.92	7.53	6.73	5.94	5.37	22	6.61
Capex per share	—	0.04	0.49	0.01	0.02	0.09	0.25	0.01	0.02	1.53	1.37

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	0.15%	1.57%	0.03%	0.07%	0.29%	0.7%	0.03%	0.04%	3.08%	2.6%
Capex / operating cash flow	—	1.55%	11.1%	0.24%	0.6%	-46.5%	6.32%	0.18%	0.26%	18.2%	19.5%
Payout ratio	23.9%	40.1%	14.1%	16%	79.8%	23.6%	23.8%	23.2%	20.1%	22.6%	28.9%
Dividend yield	1.3%	0.96%	1.12%	0.8%	0.88%	0.86%	1.3%	0.98%	0.9%	0.81%	0.75%

Yield

0.75%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.386

ex-dividend Sep 8, 2026

Payout ratio

29%

of earnings

Dividend growth

23 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 8, 2026	$0.386
Jun 8, 2026	$0.386
Mar 6, 2026	$0.386

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$822.1M	$829.1M	$910.6M	$905.9M	$885.2M	$929M	$913M	$972.4M	$999.1M	$1.1B	$1.2B	$1.5B
YoY change	+9.09%	+7.04%	+14.1%	+8.63%	+7.68%	+12%	+0.26%	+7.34%	+12.9%	+13.5%	+32.7%	+51.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	460.7M	389.8M	561.2M	612.1M	859.8M	647.5M	561.2M	489.2M	439.3M	1.7B
Receivables	513.5M	601.4M	531.7M	562.3M	492.5M	530.4M	614M	641.3M	672.1M	737.7M
Inventory	295.2M	311.9M	380.5M	392.9M	360.5M	430.9M	533.9M	575.4M	591.2M	671.9M
Total current assets	1.4B	1.5B	1.6B	1.7B	1.9B	1.7B	1.8B	1.9B	1.9B	3.4B
Property, plant & equipment	219.9M	259.2M	253.5M	343.9M	338.5M	321.6M	323M	350M	376M	363.6M
Goodwill & intangibles	1.9B	2.2B	2.1B	2.2B	2.2B	2.1B	2.2B	2.3B	3.8B	3.9B
Total assets	3.6B	3.7B	3.8B	4.1B	4.3B	3.6B	3.8B	3.9B	4.7B	6.3B
Accounts payable	301.7M	351.4M	339.2M	332.4M	306.8M	373.4M	401.1M	437M	458.4M	465M
Short-term debt	214.3M	163.6M	116.2M	106.4M	126.6M	217.7M	470M	207.2M	450.2M	285.7M
Total current liabilities	866.2M	899.4M	872.1M	849.7M	871M	928.3M	1.2B	1B	1.3B	1.3B
Long-term debt	—	—	0	88.9M	85.4M	73.9M	66.6M	78M	306.3M	581.5M
Total liabilities	2.2B	2.1B	2B	2B	2.1B	1.3B	1.5B	1.4B	1.9B	2.2B
Shareholders' equity	1.4B	1.6B	1.8B	2.1B	2.1B	2.2B	2.3B	2.5B	2.8B	4.1B
Total debt	214.3M	163.6M	116.2M	195.3M	212M	291.6M	536.6M	285.2M	756.5M	867.2M
Net debt	-246.4M	-226.2M	-445M	-416.8M	-647.8M	-355.9M	-24.6M	-204M	317.2M	-875.7M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	430.8M	489.2M	423M	425.5M	460.9M	439.3M	439.8M	467.9M	516.4M	1.7B	600.8M	590.8M
Receivables	655.6M	641.3M	723.1M	679.2M	754.2M	672.1M	746.8M	778.9M	782.9M	737.7M	1B	1B
Inventory	574.3M	575.4M	609.4M	564.3M	620.5M	591.2M	638.5M	658.7M	658.2M	671.9M	976.4M	932.3M
Total current assets	1.8B	1.9B	1.9B	1.9B	2B	1.9B	2B	2.1B	2.1B	3.4B	2.9B	2.8B
Property, plant & equipment	319.8M	350M	340.1M	336.1M	355.4M	376M	361M	364.7M	352.7M	363.6M	522.4M	510.4M
Goodwill & intangibles	2.3B	2.3B	3.1B	3B	3.9B	3.8B	3.8B	3.9B	3.9B	3.9B	14.1B	13.9B
Total assets	3.8B	3.9B	4.4B	4.4B	4.9B	4.7B	4.8B	5B	5.1B	6.3B	11.1B	11B
Accounts payable	408.1M	437M	459.2M	430.9M	460.4M	458.4M	473.7M	471.5M	458.1M	465M	642.2M	630.3M
Short-term debt	263.5M	207.2M	342.2M	376.9M	384.4M	450.2M	756M	472.9M	442.3M	285.7M	512.2M	892.7M
Total current liabilities	1B	1B	1.2B	1.2B	1.3B	1.3B	1.7B	1.4B	1.4B	1.3B	1.9B	2.3B
Long-term debt	76.1M	78M	305.7M	263.1M	544.7M	306.3M	75.1M	689.7M	641.2M	581.5M	3.5B	2.9B
Total liabilities	1.4B	1.4B	1.8B	1.8B	2.2B	1.9B	2B	2.5B	2.4B	2.2B	6.4B	6.2B
Shareholders' equity	2.4B	2.5B	2.6B	2.6B	2.8B	2.8B	2.8B	2.6B	2.7B	4.1B	4.7B	4.8B
Total debt	339.6M	285.2M	647.9M	640M	929.1M	756.5M	831.1M	1.2B	1.1B	867.2M	4B	3.8B
Net debt	-91.2M	-204M	224.9M	214.5M	468.2M	317.2M	391.3M	694.7M	567.1M	-875.7M	3.4B	3.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	181.9M	115M	332.4M	323.4M	68.5M	314.8M	368.3M	411.4M	518.4M	488.1M
Depreciation & amortization	102M	105.3M	109.4M	113.4M	112.2M	113.1M	107.4M	109.2M	137.3M	143.2M
Stock-based compensation	12.6M	18.1M	21.6M	15.7M	13.4M	16.5M	18.1M	20.2M	25.9M	36.2M
Change in working capital	33.4M	-50.3M	-24.7M	-76.5M	52.9M	-133.2M	-195.1M	-59.8M	-70.8M	-93.5M
Operating cash flow	274.7M	245.7M	390.7M	381M	284.6M	-17.2M	330.9M	490.5M	620.7M	668.3M
Capital expenditure	—	3.8M	43.2M	900K	1.7M	8M	20.9M	900K	1.6M	-121.3M
Investing cash flow	57M	-109.9M	43.2M	-112M	-2.1M	4.2M	-151.2M	-73.4M	-694M	-119.8M
Dividends paid	-44.6M	-45.4M	-47.3M	-52.1M	-59M	-75.8M	-87.9M	-95.8M	-104.7M	-111M
Share repurchases	-77.8M	-32.9M	-56.1M	-41.4M	-84.2M	-104.8M	-245.3M	-60M	-104.5M	-521M
Financing cash flow	-220.2M	-289.8M	-407.1M	-128.7M	-683.3M	-98.6M	-83.3M	-432.3M	234.9M	516.6M
Net change in cash	111.5M	-154M	26.8M	140.3M	-400.8M	-111.6M	96.4M	-15.2M	161.6M	1.1B
Free cash flow	141.3M	131.5M	272.1M	267.2M	373.2M	-96M	173.9M	430.1M	438.2M	547M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	110.8M	92.4M	111M	119.2M	160.2M	126.9M	108.4M	121M	127M	131.7M	78M	84.9M
Depreciation & amortization	29M	26.4M	33.6M	32.4M	34.7M	36.6M	37.2M	35.5M	35.2M	35.3M	54.2M	95.4M
Stock-based compensation	5M	5.1M	7M	6.7M	6.1M	6.1M	7.9M	9.3M	10.2M	8.8M	9M	11.1M
Change in working capital	5.2M	34.2M	-57.4M	-26.6M	-49.4M	63.7M	-14.7M	-43.3M	-39.2M	3.7M	-65.7M	-51.1M
Operating cash flow	155.9M	172.7M	102.3M	139.3M	159.7M	240M	145.1M	153.6M	173.7M	227.6M	39.7M	191.1M
Capital expenditure	—	—	—	—	—	—	—	-16.4M	-27.7M	-40.4M	-26.1M	-29.1M
Investing cash flow	0	-800K	-407.6M	100K	-297.4M	11.5M	-3.9M	-16.3M	-14.9M	-47.9M	-3.6B	-38M
Dividends paid	-23.8M	-23.9M	-26.5M	-26.1M	-26.1M	-26M	-28.7M	-27.5M	-27.3M	-27.5M	-35M	-34.5M
Share repurchases	0	0	0	-79M	-25M	-500K	-100M	—	—	—	—	-4.9M
Financing cash flow	-168.9M	-84.9M	323.4M	-109.6M	218.2M	-197.1M	-79.9M	272.1M	-107.5M	-461.2M	2.5B	-162.7M
Net change in cash	-13M	87M	18.1M	29.8M	80.5M	54.4M	61.3M	409.4M	51.3M	-281.5M	-1B	-9.6M
Free cash flow	147.6M	131.2M	30M	134.5M	87M	186.7M	76.6M	137.2M	146M	187.2M	13.6M	162M

Date	Ratio
Nov 1, 2011	10000:3316
Feb 22, 2006	2:1

Itt Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history