ITT INC. (ITT) has a current P/E ratio of 32.1, 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 $17.5B. It is classified as a large-cap stock.
Yes, ITT INC. (ITT) pays a dividend with a trailing twelve-month yield of 0.67%. The company also returns capital through share buybacks, with a buyback yield of 2.98%.
Based on historical P/E analysis, ITT INC. (ITT) appears fair. The current P/E of 32.1 is 38% above its historical median of 23.2. The estimated fair value CAGR (P/E method) is 19.5%.
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 is a diversified manufacturer of highly engineered critical components and customized technology solutions serving the transportation, industrial, and energy markets across approximately 125 countries. The company operates through three primary segments: Motion Technologies (MT), which manufactures brake pads, shock absorbers, and damping technologies for automotive and rail markets; Industrial Process (IP), which produces industrial pumps, valves, monitoring and control systems, and provides aftermarket services for energy, chemical, petrochemical, pharmaceutical, and other industrial sectors; and Connect & Control Technologies (CCT), which designs and manufactures harsh-environment interconnect solutions and critical energy absorption and flow control components for aerospace, defense, and industrial applications. ITT's business model centers on engineering capabilities and customer intimacy, enabling the company to develop solutions that capture recurring revenue streams, aftermarket opportunities, and content on long-lived OEM platforms. The company operates with a global presence, generating approximately 65% of revenue outside the United States, and employs approximately 11,600 people across 38 countries, with strong brand portfolios including ITT Friction Technologies, KONI, Goulds Pumps, Bornemann, Cannon, and VEAM.
【Aerospace and defense-led growth】 Management expects continued strong momentum in 2026 driven by accelerating commercial aerospace production, wide-body aircraft recovery, and ramping defense spending, with CCT positioned to benefit from large multi-year contracts including F-35 and RSS awards. Industrial Process is expected to deliver high single-digit organic growth through conversion of a robust $1 billion backlog and continued market share gains in pump projects, while Svanehøj benefits from the accelerating marine energy transition. The company anticipates approximately 70 basis points of margin expansion to approximately 20% at the midpoint, fueled by top-line growth, favorable price-cost dynamics, and productivity gains, with SPX FLOW expected to contribute high single-digit revenue growth and low teens net adjusted EPS accretion. Management expects free cash flow of roughly $560 million at the midpoint, resulting in a free cash flow margin between 10% and 11%, and continues to pursue smaller-sized M&A opportunities to drive the next leg of value creation.
| Metric | Target | Period |
|---|---|---|
| Adjusted EPS | $7.70–$8.00 | FY2026 |
| Total Revenue Growth | 37% | FY2026 |
| Organic Revenue Growth | 5% | FY2026 |
| Operating Margin | approximately 20% | FY2026 |
| Free Cash Flow | roughly $560 million | FY2026 |
| Free Cash Flow Margin | between 10% and 11% | FY2026 |
| SPX FLOW Revenue Growth | high single-digit | FY2026 |
| SPX FLOW Net Adjusted EPS Accretion | low teens | FY2026 |
| Cost Synergies | approximately $15 million | FY2026 |
Adjusted EPS (FY2026): “Today, we initiate on the new basis our full-year adjusted EPS guidance with a range of $7.70-$8.00, up 9% at the midpoint.”
Total Revenue Growth (FY2026): “We're guiding to 37% revenue growth and 5% organic growth at the midpoint with a book-to-bill above one.”
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q4 FY2025 Earnings Call, Q3 FY2025 Earnings Call, Q2 FY2025 Earnings Call, Q1 FY2025 Earnings Call
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 4.2B | 3.9B | 3.6B | 3.3B | 3.0B | 2.8B |
| Net Income | 458M | 488M | 520M | 412M | 367M | 316M |
| EPS | $5.58 | $6.11 | $6.32 | $4.98 | $4.38 | $3.66 |
| Free Cash Flow | 485M | 548M | 439M | 430M | 174M | -97M |
| ROIC | 6.5% | 16.6% | 20.5% | 18.9% | 18.7% | 19.4% |
| Gross Margin | 35.5% | 35.4% | 34.4% | 33.8% | 30.9% | 32.5% |
| Debt/Equity | 0.71 | 0.21 | 0.27 | 0.11 | 0.24 | 0.13 |
| Dividends/Share | $1.31 | $1.40 | $1.28 | $1.16 | $1.06 | $0.88 |
| Operating Income | 675M | 685M | 678M | 531M | 468M | 504M |
| Operating Margin | 15.9% | 17.4% | 18.7% | 16.2% | 15.7% | 18.2% |
| ROE | 9.7% | 14.2% | 19.6% | 17.3% | 16.4% | 14.5% |
| Shares Outstanding | 89M | 80M | 82M | 83M | 84M | 86M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 2.7B | 2.5B | 2.4B | 2.6B | 2.7B | 2.8B | 2.5B | 2.8B | 3.0B | 3.3B | 3.6B | 3.9B | 4.2B |
| Gross Margin | 32.6% | 32.6% | 31.6% | 31.7% | 32.3% | 32.0% | 31.6% | 32.5% | 30.9% | 33.8% | 34.4% | 35.4% | 35.5% |
| R&D | 77M | 79M | 81M | 94M | 98M | 98M | 85M | 95M | 97M | 103M | 116M | 111M | 117M |
| SG&A | 300M | 258M | 261M | 258M | 254M | 241M | 201M | 231M | 217M | 294M | 297M | 368M | 437M |
| EBIT | 266M | 380M | 277M | 319M | 397M | 411M | 227M | 504M | 468M | 531M | 678M | 685M | 675M |
| Op. Margin | 10.0% | 15.3% | 11.5% | 12.4% | 14.5% | 14.5% | 9.1% | 18.2% | 15.7% | 16.2% | 18.7% | 17.4% | 15.9% |
| Net Income | 187M | 352M | 187M | 113M | 335M | 325M | 73M | 316M | 367M | 412M | 520M | 488M | 458M |
| Net Margin | 7.0% | 14.1% | 7.8% | 4.4% | 12.2% | 11.4% | 2.9% | 11.4% | 12.3% | 12.6% | 14.3% | 12.4% | 10.8% |
| Non-Recurring | 28M | 24M | 27M | 14M | 46M | 13M | 61M | 17M | 5.6M | 1.8M | 56M | 21M | 26M |
| Returns on Capital | |||||||||||||
| ROIC | 31.7% | 25.9% | 14.4% | 15.0% | 24.5% | 16.2% | 12.2% | 19.4% | 18.7% | 18.9% | 20.5% | 16.6% | 6.5% |
| ROE | 15.5% | 27.3% | 13.4% | 7.5% | 19.6% | 16.7% | 3.5% | 14.5% | 16.4% | 17.3% | 19.6% | 14.2% | 9.7% |
| ROA | 5.1% | 9.6% | 5.1% | 3.1% | 8.9% | 8.2% | 1.7% | 8.1% | 10.0% | 10.7% | 12.0% | 8.8% | 4.1% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 245M | 230M | 241M | 247M | 372M | 358M | 436M | -8.4M | 278M | 538M | 563M | 669M | 595M |
| Free Cash Flow | 126M | 143M | 129M | 134M | 276M | 266M | 372M | -97M | 174M | 430M | 439M | 548M | 485M |
| Owner Earnings | 142M | 124M | 126M | 124M | 241M | 229M | 310M | -138M | 152M | 409M | 399M | 489M | 398M |
| CapEx | 119M | 87M | 111M | 113M | 96M | 91M | 64M | 88M | 104M | 108M | 124M | 121M | 111M |
| Maint. CapEx | 88M | 90M | 102M | 105M | 109M | 113M | 112M | 113M | 107M | 109M | 137M | 143M | 160M |
| Growth CapEx | 31M | 0 | 9.4M | 8.0M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 88M | 90M | 102M | 105M | 109M | 113M | 112M | 113M | 107M | 109M | 137M | 143M | 160M |
| CapEx/OCF | 48.5% | 37.7% | 46.3% | 45.8% | 25.7% | 25.6% | 14.6% | N/A | 37.4% | 20.0% | 22.0% | 18.1% | 18.6% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 41M | 43M | 45M | 45M | 47M | 52M | 59M | 76M | 88M | 96M | 105M | 111M | 117M |
| Dividend Yield | 1.1% | 1.4% | 1.6% | 1.3% | 1.1% | 1.0% | 1.2% | 1.0% | 1.4% | 1.3% | 1.0% | 0.9% | 0.7% |
| Share Buybacks | 60M | 84M | 78M | 33M | 56M | 41M | 73M | 105M | 245M | 60M | 105M | 521M | 521M |
| Buyback Yield | 1.8% | 2.8% | 2.5% | 0.8% | 1.4% | 0.7% | 1.3% | 1.2% | 3.8% | 0.6% | 0.9% | 3.7% | 3.0% |
| Stock-Based Comp | 14M | 16M | 13M | 18M | 22M | 16M | 13M | 17M | 18M | 20M | 26M | 36M | 37M |
| Debt Repayment | 1.7M | 3.6M | 1.1M | 1.3M | 2.7M | 3.2M | 2.5M | 2.4M | 2.1M | 2.2M | 537M | 462M | 462M |
| Balance Sheet | |||||||||||||
| Net Debt | -581M | -232M | -244M | -217M | -434M | -415M | -645M | -354M | -22M | -202M | 320M | -873M | 2.8B |
| Cash & Equiv. | 584M | 416M | 461M | 390M | 561M | 612M | 860M | 648M | 561M | 489M | 439M | 1.7B | 601M |
| Long-Term Debt | 6.0M | 2.3M | 1.8M | 8.2M | 8.8M | 13M | 13M | 9.9M | 7.7M | 5.7M | 233M | 522M | 3.4B |
| Debt/Equity | 0.01 | 0.18 | 0.15 | 0.11 | 0.07 | 0.10 | 0.10 | 0.13 | 0.24 | 0.11 | 0.27 | 0.21 | 0.71 |
| Interest Coverage | 66.6 | 88.4 | 61.5 | 84.0 | 794.6 | 100.3 | 323.6 | 458.5 | 42.9 | 27.6 | 18.5 | 14.2 | 10.6 |
| Equity | 1.2B | 1.4B | 1.4B | 1.6B | 1.8B | 2.1B | 2.1B | 2.2B | 2.2B | 2.5B | 2.8B | 4.1B | 4.7B |
| Total Assets | 3.6B | 3.7B | 3.6B | 3.7B | 3.8B | 4.1B | 4.3B | 3.6B | 3.8B | 3.9B | 4.7B | 6.3B | 11.1B |
| Total Liabilities | 2.4B | 2.4B | 2.2B | 2.1B | 2.0B | 2.0B | 2.1B | 1.3B | 1.5B | 1.4B | 1.9B | 2.2B | 6.4B |
| Intangibles | 91M | 187M | 160M | 156M | 136M | 138M | 106M | 86M | 113M | 117M | 454M | 433M | 3.2B |
| Retained Earnings | 1.4B | 1.7B | 1.8B | 1.9B | 2.1B | 2.4B | 2.3B | 2.5B | 2.5B | 2.8B | 3.1B | 3.0B | 3.0B |
| Working Capital | 861M | 545M | 536M | 579M | 773M | 887M | 1.0B | 794M | 651M | 820M | 553M | 2.1B | 991M |
| Current Assets | 1.6B | 1.5B | 1.4B | 1.5B | 1.6B | 1.7B | 1.9B | 1.7B | 1.8B | 1.9B | 1.9B | 3.4B | 2.9B |
| Current Liabilities | 775M | 953M | 866M | 899M | 872M | 850M | 871M | 928M | 1.2B | 1.0B | 1.3B | 1.3B | 1.9B |
| Per Share Data | |||||||||||||
| EPS | 1.99 | 3.88 | 2.07 | 1.28 | 3.76 | 3.67 | 0.83 | 3.66 | 4.38 | 4.98 | 6.32 | 6.11 | 5.58 |
| Owner EPS | 1.52 | 1.37 | 1.40 | 1.40 | 2.71 | 2.58 | 3.55 | -1.60 | 1.82 | 4.94 | 4.86 | 6.13 | 4.45 |
| Book Value | 12.94 | 15.03 | 15.82 | 18.03 | 20.48 | 23.42 | 24.34 | 25.76 | 26.83 | 30.54 | 33.78 | 51.14 | 53.00 |
| Cash Flow/Share | 2.61 | 2.53 | 2.67 | 2.79 | 4.18 | 4.04 | 4.99 | -0.10 | 3.31 | 6.50 | 6.84 | 8.37 | 6.91 |
| Dividends/Share | 0.44 | 0.47 | 0.50 | 0.51 | 0.54 | 0.59 | 0.68 | 0.88 | 1.06 | 1.16 | 1.28 | 1.40 | 1.31 |
| Shares Out. | 93.9M | 90.6M | 90.1M | 88.5M | 89.0M | 88.6M | 87.3M | 86.4M | 83.8M | 82.8M | 82.3M | 79.9M | 89.4M |
| Valuation | |||||||||||||
| P/E Ratio | 18.3 | 8.4 | 16.8 | 38.5 | 11.6 | 18.9 | 86.9 | 26.7 | 17.6 | 23.8 | 22.5 | 29.1 | 35.1 |
| P/FCF | 27.1 | 20.6 | 24.3 | 32.6 | 14.1 | 23.0 | 16.9 | N/A | 37.2 | 22.7 | 26.7 | 26.0 | 36.1 |
| EV/EBIT | 8.4 | 6.2 | 9.4 | 11.8 | 7.3 | 12.2 | 20.8 | 14.6 | 12.4 | 17.0 | 16.9 | 16.8 | 30.1 |
| Price/Book | 2.8 | 2.2 | 2.2 | 2.7 | 2.1 | 3.0 | 3.0 | 3.8 | 2.9 | 3.9 | 4.2 | 3.5 | 3.7 |
| Price/Sales | 1.4 | 1.3 | 1.2 | 1.3 | 1.6 | 1.8 | 2.0 | 2.7 | 2.1 | 2.3 | 3.0 | 3.2 | 4.1 |
| FCF Yield | 3.7% | 4.8% | 4.1% | 3.1% | 7.1% | 4.3% | 5.9% | -1.1% | 2.7% | 4.4% | 3.8% | 3.9% | 2.8% |
| Market Cap | 3.4B | 2.9B | 3.1B | 4.4B | 3.9B | 6.1B | 6.3B | 8.5B | 6.5B | 9.8B | 11.7B | 14.2B | 17.5B |
| Avg. Price | 38.79 | 34.55 | 31.92 | 39.24 | 49.71 | 56.33 | 57.75 | 87.11 | 74.87 | 91.35 | 133.51 | 157.30 | 195.86 |
| Year-End Price | 36.32 | 32.54 | 34.83 | 49.25 | 43.68 | 69.29 | 72.13 | 97.86 | 77.24 | 118.12 | 142.19 | 177.89 | 195.86 |
ITT INC. passes 6 of 9 quality checks, suggesting mixed fundamentals.
ITT INC. trades at 32.1x 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 30.8x 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 +12.2%.
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.
Based on recent SEC filings and earnings disclosures, Management expects continued strong momentum in 2026 driven by accelerating commercial aerospace production, wide-body aircraft recovery, and ramping defense spending, with CCT positioned to benefit from large multi-year contracts including F-35 and RSS awards. Industrial Process is expected to deliver high single-digit organic growth through conversion of a robust $1 billion backlog and continued market share gains in pump projects, while Svanehøj benefits from the accelerating marine energy transition. The company anticipates approximately 70 basis points of margin expansion to approximately 20% at the midpoint, fueled by top-line growth, favorable price-cost dynamics, and productivity gains, with SPX FLOW expected to contribute high single-digit revenue growth and low teens net adjusted EPS accretion. Management expects free cash flow of roughly $560 million at the midpoint, resulting in a free cash flow margin between 10% and 11%, and continues to pursue smaller-sized M&A opportunities to drive the next leg of value creation.
Based on recent SEC filings and earnings calls, ITT INC. (ITT) has provided the following forward guidance: Adjusted EPS: $7.70–$8.00 (FY2026); Total Revenue Growth: 37% (FY2026); Organic Revenue Growth: 5% (FY2026); Operating Margin: approximately 20% (FY2026); Free Cash Flow: roughly $560 million (FY2026), plus 4 additional metrics.
Organic Revenue Growth (FY2026): “We're guiding to 37% revenue growth and 5% organic growth at the midpoint with a book-to-bill above one.”
Operating Margin (FY2026): “We expect to deliver roughly 70 basis points of margin expansion to approximately 20% at the midpoint, fueled by top line growth, favorable price costs, and productivity gains.”
Free Cash Flow (FY2026): “Finally, on cash, we expect to generate free cash flow of roughly $560 million at the midpoint, resulting in a free cash flow margin between 10% and 11%.”
Free Cash Flow Margin (FY2026): “Finally, on cash, we expect to generate free cash flow of roughly $560 million at the midpoint, resulting in a free cash flow margin between 10% and 11%.”
SPX FLOW Revenue Growth (FY2026): “We expect SPX FLOW to deliver high single-digit revenue growth in 2026 and net adjusted EPS accretion in the low teens.”
SPX FLOW Net Adjusted EPS Accretion (FY2026): “We expect SPX FLOW to deliver high single-digit revenue growth in 2026 and net adjusted EPS accretion in the low teens.”