ITEM 1.DESCRIPTION OF BUSINESS (Amounts reported in this Annual Report on Form 10-K, except per share amounts, are stated in millions unless otherwise specified. References herein to "ITT," the "Company," and such words as "we," "us," and "our" include ITT Inc. and its subsidiaries on a consolidated basis, unless the context otherwise indicates.) COMPANY OVERVIEW ITT is a diversified manufacturer of highly engineered critical components and customized technology solutions primarily for the transportation, industrial and energy markets. We manufacture components that are integral to the operation of equipment, systems and manufacturing processes in these key markets. Our products enable functionality for applications where reliability and performance are critically important to our customers and the users of their products. We operate through three primary segments: Motion Technologies (MT), Industrial Process (IP), and Connect & Control Technologies (CCT). 2025 COMPANY SNAPSHOT • $3.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 3.9B | 3.9B | 3.6B | 3.3B | 3.0B | 2.8B |
| Net Income | 488M | 488M | 520M | 412M | 367M | 316M |
| EPS | $6.11 | $6.11 | $6.32 | $4.98 | $4.38 | $3.66 |
| Free Cash Flow | 548M | 548M | 439M | 430M | 174M | -97M |
| ROIC | 16.0% | 16.6% | 20.5% | 18.9% | 18.7% | 19.4% |
| Gross Margin | 35.4% | 35.4% | 34.4% | 33.8% | 30.9% | 32.5% |
| Debt/Equity | 0.21 | 0.21 | 0.27 | 0.11 | 0.24 | 0.13 |
| Dividends/Share | $1.39 | $1.40 | $1.28 | $1.16 | $1.06 | $0.88 |
| Operating Income | 685M | 685M | 678M | 531M | 468M | 504M |
| Operating Margin | 17.4% | 17.4% | 18.7% | 16.2% | 15.7% | 18.2% |
| ROE | 11.9% | 14.2% | 19.6% | 17.3% | 16.4% | 14.5% |
| Shares Outstanding | 80M | 80M | 82M | 83M | 84M | 86M |
ITT INC. passes 6 of 9 quality checks, suggesting mixed fundamentals.
ITT INC. trades at 36.0x trailing earnings, compared to its 15-year median P/E of 23.2x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 34.6x vs a median of 24.3x. The company's 5-year average ROIC is 18.8% with a gross margin of 33.4%. Total shareholder yield (dividends + buybacks) is 3.6%. At current prices, the estimated annualized return to fair value is +11.7%.
ITT INC. (ITT) has a current P/E ratio of 36.0, compared to its historical median P/E of 23.2. The stock is currently considered Fair based on its historical valuation range.
ITT INC. (ITT) has a 5-year average return on invested capital (ROIC) of 18.8%. This indicates strong capital allocation and a potential competitive advantage.
ITT INC. (ITT) has a market capitalization of $17.6B. It is classified as a large-cap stock.
Yes, ITT INC. (ITT) pays a dividend with a trailing twelve-month yield of 0.63%. The company also returns capital through share buybacks, with a buyback yield of 2.96%.
Based on historical P/E analysis, ITT INC. (ITT) appears fair. The current P/E of 36.0 is 56% above its historical median of 23.2. The estimated fair value CAGR (P/E method) is 18.3%.
ITT INC. (ITT) operates in the Pumps & Pumping Equipment industry, within the Industrials sector.
ITT INC. (ITT) reported annual revenue of $3.9 billion in its most recent fiscal year, based on SEC EDGAR filings.
ITT INC. (ITT) has a net profit margin of 12.4%. This is a healthy margin.
ITT INC. (ITT) generated $548 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
ITT INC. (ITT) has a debt-to-equity ratio of 0.21. This indicates a conservatively financed balance sheet.
ITT INC. (ITT) reported earnings per share (EPS) of $6.11 in its most recent fiscal year.
ITT INC. (ITT) has a return on equity (ROE) of 14.2%. This indicates moderate shareholder returns.
ITT INC. (ITT) has a 5-year average gross margin of 33.4%. This indicates decent pricing power.
The Ledger Terminal provides 19 years of financial data for ITT INC. (ITT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
ITT INC. (ITT) has a book value per share of $51.14, based on its most recent annual SEC filing.