ITT Inc.ITT
NYSE•Industrials•Specialty Industrial Machinery
ITT Inc., together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets. The company operates three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. The Motion Technologies segment manufactures brake pads, shock absorbers, energy absorption components, and damping technologies primarily for the transportation industry, including passenger cars, trucks, light and heavy-duty commercial and military vehicles, buses, and trains. This segment sells its products under the ITT Friction Technologies, KONI, Axtone, and Novitek brand names. The Industrial Process segment provides industrial pumps, valves, plant optimization, and remote monitoring systems and services; and aftermarket solutions, such as replacement parts and services. It serves various customers in the energy, chemical and petrochemical, pharmaceutical, general industrial, marine, mining, pulp and paper, food and beverage, power generation, and biopharmaceutical industries. This segment sells its products under the Goulds Pumps, Bornemann, Engineered Valves, Hamworthy Pumps, PRO Services, C'treat, Svanehøj, Rheinhütte Pumpen, and Habonim brand names. The Connect & Control Technologies segment offers engineered connectors, cable assemblies, and specialized products for critical applications supporting various markets, including aerospace and defence, industrial, transportation, medical, and energy under the Cannon, VEAM, BIW Connector Systems, CIA&D, Compulink, Aerospace Controls, Enidine, Compact Automation, Charles E. Gillman, Turn-Act, Neo-Dyn, TopFlite Components, Conoflow, VIDAR, kSARIA, and Micro-Mode brand names. It operates in North America, Europe, Asia, the Middle East, Africa, and South America. The company was incorporated in 1920 and is headquartered in Stamford, Connecticut.
ITT Inc. (ITT) reported trailing twelve months revenue of $4.24B as of April 2026, a 16.6% increase year-over-year. Quarterly revenue reached $1.21B, reflecting continued top-line momentum.
ITT Inc. generated $457.60M in TTM net income, with quarterly EBITDA of $195.40M. The operating margin contracted from 16.5% to 11.7%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (11.7%) and net margin (6.4%) indicates moderate non-operating costs. Net margin has narrowed from 11.9% a year ago, reflecting increased costs or interest expense.
ITT trades at a P/E of 36.8x (a premium multiple) and a P/S of 4.0x. The price-to-book ratio of 3.5x reflects a moderate premium to book value.
The company generated $13.80M in free cash flow over the trailing twelve months, a 82.0% decrease year-over-year, indicating cash generation ability. The balance sheet shows $11.13B in total assets with $3.38B in long-term debt against $4.75B in stockholders equity for a debt-to-equity ratio of 0.7. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~17.4% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE averages 16.4% but has fluctuated — the competitive advantage may be cyclical or emerging.
8 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (7 of 7 quarters up), with ~22.2% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Operating margins declined 13.6% — watch for continued compression, which may signal competitive or cost pressure.
FCF covers net income by 1.0x on average — earnings are well-supported by cash generation.
Debt-to-equity has risen 43926.2% recently — increasing financial risk even if the current ratio is manageable.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares outstanding increased 6.3% — significant dilution, likely from stock compensation or capital raises.