Friday 6 November 2026
Export ITT’s income statement to Excel — free account
ITT Inc.
ITT Industrials Specialty Industrial Machinery
ITT Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.9 billion, up 8.48% from fiscal 2024.
- Revenue
- +44.2%
- EPS
- −15.3%
- Free cash flow
- +93.9%
- Total debt
- +252.9%
Quarter to September 2026, against a year earlier
197.28
3.75
−1.87%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 2,405 | 2,585 | 2,745 | 2,846 | 2,478 | 2,765 | 2,988 | 3,283 | 3,631 | 3,939 | 5,180 | +5.6% | 5,520 | 6,015 | 6,336 | +17.2% | |
| Gross margin, % | 31.63 | 31.71 | 32.32 | 31.97 | 31.57 | 32.53 | 30.87 | 33.80 | 34.41 | 35.35 | 0.00 | +3.7 pt | ||||||
| EBT | 258 | 309 | 391 | 414 | 85 | 509 | 462 | 522 | 650 | 652 | 607 | +10.8% | ||||||
| EBT margin, % | 10.74 | 11.97 | 14.24 | 14.56 | 3.44 | 18.41 | 15.46 | 15.89 | 17.89 | 16.54 | 0.00 | +5.8 pt | ||||||
| Net income | 182 | 115 | 332 | 323 | 69 | 315 | 368 | 413 | 520 | 488 | 422 | +11.6% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 26.97 | 29.28 | 31.30 | 32.46 | 28.58 | 32.15 | 35.82 | 39.89 | 44.39 | 49.60 | 57.94 | +7.0% | |||||
| Earnings | 2.09 | 1.29 | 3.81 | 3.71 | 0.84 | 3.68 | 4.40 | 4.99 | 6.34 | 6.15 | 4.87 | +12.7% | ||||||
| Cash flow | 2.70 | 2.80 | 4.24 | 4.08 | 5.03 | (0.10) | 3.33 | 6.54 | 6.88 | 8.42 | 8.63 | +13.5% | ||||||
| Capex | (1.25) | (1.28) | (0.60) | (1.03) | (0.72) | (0.93) | (1.00) | (1.31) | (1.51) | (1.53) | (1.39) | +2.3% | ||||||
| Free cash flow | 1.45 | 1.52 | 3.64 | 3.05 | 4.31 | (1.03) | 2.33 | 5.23 | 5.36 | 6.90 | 7.23 | +18.9% | ||||||
| Book value | 16.01 | 18.10 | 20.81 | 23.69 | 24.54 | 25.94 | 27.07 | 30.85 | 34.06 | 51.53 | 53.36 | +13.9% | ||||||
| Shares, m | 89 | 88 | 88 | 88 | 87 | 86 | 83 | 82 | 82 | 79 | 86 | (1.3%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 18.83 | 41.15 | 12.67 | 19.98 | 92.80 | 27.77 | 18.58 | 23.48 | 22.57 | 28.26 | 40.51 | 30.6 | |||||
| P/S | 1.45 | 1.81 | 1.54 | 2.28 | 2.70 | 3.18 | 2.29 | 2.93 | 3.22 | 3.50 | 3.41 | 2.5 | ||||||
| P/B | 2.45 | 2.93 | 2.32 | 3.12 | 3.14 | 3.94 | 3.03 | 3.79 | 4.20 | 3.37 | 3.70 | 3.2 | ||||||
| EV/Sales | 1.35 | 1.73 | 1.38 | 2.12 | 2.43 | 3.04 | 2.27 | 2.84 | 3.28 | 3.25 | 3.98 | 2.4 | ||||||
| EV/FCF | 25.11 | 33.31 | 11.86 | 22.62 | 16.07 | (94.73) | 34.88 | 21.67 | 27.14 | 23.41 | 31.84 | 12.1 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 241 | 247 | 372 | 358 | 436 | (8) | 278 | 538 | 563 | 669 | 771 | +12.0% | |||||
| Capex | (111) | (113) | (52) | (90) | (62) | (80) | (83) | (108) | (124) | (121) | (125) | +1.0% | ||||||
| Free cash flow | 129 | 134 | 320 | 267 | 374 | (89) | 195 | 430 | 439 | 548 | 647 | +17.4% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 536 | 579 | 773 | 887 | 1,046 | 794 | 651 | 820 | 553 | 2,056 | 625 | +16.1% | |||||
| Net debt | (244) | (218) | (436) | (437) | (668) | (376) | (43) | (296) | 221 | (960) | 2,955 | +16.4% | ||||||
| Shareholders’ equity | 1,428 | 1,598 | 1,825 | 2,078 | 2,128 | 2,231 | 2,257 | 2,539 | 2,786 | 4,091 | 4,770 | +12.4% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 5.08 | 3.11 | 8.84 | 8.17 | 1.73 | 8.07 | 9.99 | 10.69 | 12.00 | 8.84 | 0.00 | +3.8 pt | |||||
| ROIC | 14.60 | 14.47 | 17.88 | 15.67 | 9.70 | 16.99 | 13.21 | 14.78 | 14.10 | 13.66 | 0.00 | (0.9) pt | ||||||
| ROE | 13.32 | 7.50 | 19.50 | 16.66 | 3.45 | 14.51 | 16.35 | 17.19 | 19.53 | 14.19 | 0.00 | +0.9 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 9,500 | 10,000 | 10,000 | 10,500 | 9,700 | 9,900 | 10,300 | 10,600 | 11,700 | 11,600 | — | +2.2% | |||||
| Revenue/emp, $m | 0.25 | 0.26 | 0.27 | 0.27 | 0.26 | 0.28 | 0.29 | 0.31 | 0.31 | 0.34 | — | +3.3% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Business profile
Where the money comes from and where it goes Fiscal 2025
| Flow Technologies | 1,496 | 37.99% |
|---|---|---|
| Motion Technologies | 1,428 | 36.26% |
| Connect & Control Technologies | 1,017 | 25.82% |
| Gross margin | 35.35% | |
| Operating margin | 17.38% | |
| Pre-tax margin | 16.54% |
ITT Inc. vs peers in Specialty Industrial Machinery (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| XYL Xylem Inc. | $22.9B | 22.1× | 21.3× | −2.95% (below 0%: shrinking) | +33.08% (above 0%: growing) | −16.49% (below 0%: shrinking) | 41.21% | 17.49% | Compare |
| SYM Symbotic Inc. | $21.2B | 354× | 220× | +21.74% (above 0%: growing) | n/m | +22.12% (above 0%: growing) | 22.32% | 4.56% | Compare |
| ITT ITT Inc. | $17.5B | 40.5× | 43.4× | +44.19% (above 0%: growing) | −15.34% (below 0%: shrinking) | +93.91% (above 0%: growing) | 0.00% | 0.00% | |
| NDSN Nordson Corporation | $17.3B | 31.3× | 31.5× | +10.27% (above 0%: growing) | +22.87% (above 0%: growing) | +4.57% (above 0%: growing) | 55.49% | 27.28% | Compare |
| IEX IDEX Corporation | $16.4B | 30.8× | 31.3× | +8.31% (above 0%: growing) | +14.94% (above 0%: growing) | +13.57% (above 0%: growing) | 45.13% | 21.86% | Compare |
| WTS Watts Water Technologies, Inc. | $11.6B | 26.0× | 28.0× | +19.01% (above 0%: growing) | +77.14% (above 0%: growing) | +18.94% (above 0%: growing) | 55.08% | 26.21% | Compare |
| CR Crane Company | $11.4B | 33.5× | 31.3× | +28.07% (above 0%: growing) | +7.91% (above 0%: growing) | −0.43% (below 0%: shrinking) | 41.69% | 18.63% | Compare |
| PNR Pentair plc | $11.1B | 18.4× | 17.5× | −4.46% (below 0%: shrinking) | −19.55% (below 0%: shrinking) | −14.65% (below 0%: shrinking) | 40.48% | 20.06% | Compare |
| RRX Regal Rexnord Corporation | $10.7B | 46.2× | 27.7× | +6.08% (above 0%: growing) | n/m | +11.74% (above 0%: growing) | 37.17% | 5.13% | Compare |
| Median of peers | $14.0B | 31.0× | 29.7× | +9.29% | +18.91% | +8.16% | 41.45% | 19.35% |
From the latest earnings call
- CEO Luca Savi said Connect & Control Technologies orders grew on aerospace demand and defense share gains, with backlog for Q4 and 2027 above the prior-year level.
- Savi said SPX FLOW’s cost savings were ahead of the company’s target, while ITT was working to expand the acquired business’s sales and aftermarket reach.
Largest institutional holders 13F, quarter to 30 June 2026
Held by institutions
98.42%
Held by the ten largest
55.40%
| Holder | Shares | Stake | Change |
|---|---|---|---|
| Capital Group | 10.25m | 11.46% | +2.77m |
| Vanguard | 9.03m | 10.10% | +296.02k |
| BlackRock | 8.68m | 9.70% | +245.34k |
| Fidelity (FMR) | 4.82m | 5.39% | −96.32k |
| AllianceBernstein | 3.57m | 3.99% | +629.76k |
| Select Equity Group, L.P. | 3.47m | 3.88% | −447.11k |
| JPMorgan Chase | 3.40m | 3.80% | −832.11k |
| State Street | 2.80m | 3.13% | +185.18k |
| T. Rowe Price | 1.83m | 2.05% | −172.59k |
| Geode Capital Management | 1.69m | 1.89% | +75.84k |
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.
Pay and ownership Proxy statement filed 3 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 15.10m | 25.46m | 238.00 |
| 2024 | 16.58m | 23.56m | 194.00 |
| 2023 | 9.34m | 20.00m | 161.00 |
| 2022 | 6.84m | (2.32m) | 108.00 |
| 2021 | 7.68m | 16.99m | 134.00 |
Ownership
Directors and executive officers, together
less than 1%
Capital International Investors
10.09%
The Vanguard Group
9.85%
BlackRock, Inc.
8.15%
FMR LLC
6.04%
JPMorgan Chase & Co.
5.17%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
ITT Inc. (ITT) Latest News
4 Nov
28 Oct
9 Aug
6 Aug
ITT metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
ITT manufactures components and customized equipment for transportation, industrial and energy customers. Its products are used inside vehicles, trains, factories, industrial plants, aircraft and other equipment. The company is headquartered in Stamford. Luca Savi is its president and chief executive officer.
The business has three main product groups. Motion Technologies makes brake pads for cars and commercial vehicles, as well as shock absorbers and other equipment that controls movement or absorbs impacts in trains and vehicles. It sells to vehicle manufacturers, other component manufacturers and replacement-parts customers.