ITT Financials

ITT Stock  USD 156.12  0.84  0.54%   
Based on the key indicators related to ITT's liquidity, profitability, solvency, and operating efficiency, ITT Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, ITT's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 2 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.2 B in 2024. Key indicators impacting ITT's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.07270.0765
Notably Down
Slightly volatile
Current Ratio2.061.79
Fairly Up
Slightly volatile
The financial analysis of ITT is a critical element in measuring its lifeblood. Investors should not minimize ITT's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

643.08 Million

  
Understanding current and past ITT Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ITT's financial statements are interrelated, with each one affecting the others. For example, an increase in ITT's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in ITT's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ITT Inc. Check ITT's Beneish M Score to see the likelihood of ITT's management manipulating its earnings.

ITT Stock Summary

ITT competes with Xylem, IDEX, Watts Water, Flowserve, and Ingersoll Rand. ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets worldwide. ITT Inc. was incorporated in 1920 and is headquartered in White Plains, New York. ITT operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 9900 people.
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS45073V1089
CUSIP45073V108 450911201 450911102 450679105
LocationNew York; U.S.A
Business Address100 Washington Boulevard,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.itt.com
Phone914 641 2000
CurrencyUSD - US Dollar

ITT Key Financial Ratios

ITT Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.3B3.6B3.8B3.9B7.1B
Other Current Liab356.2M383.7M288.2M195.1M229.3M217.8M
Net Debt(525.6M)(753M)(449.9M)(43.6M)(204M)(193.8M)
Retained Earnings2.4B2.3B2.5B2.5B2.8B2.5B
Cash561.2M612.1M859.8M647.5M489.2M619.4M
Net Receivables578.4M507.5M555.1M655.1M701M1.2B
Inventory392.9M360.5M430.9M533.9M575.4M458.0M
Other Current Assets153.4M189.5M88.6M86.6M92.1M87.5M
Total Liab2.0B2.1B1.3B1.5B1.4B1.3B
Total Current Assets1.7B1.9B1.7B1.8B1.9B1.8B
Common Stock87.8M86.5M85.5M82.7M82.1M88.8M
Accounts Payable332.4M306.8M373.4M401.1M437M477.3M
Short Term Debt86.5M106.8M197.6M470M207.2M404.7M
Intangible Assets138M106.4M85.7M112.8M124.5M118.3M
Other Liab1.1B1.3B406.4M270.8M243.7M231.5M
Other Assets642.6M785M324.2M339.1M1.00.95
Long Term Debt12.9M13M9.9M7.7M5.7M5.4M
Good Will927.2M944.8M924.3M964.8M1.0B1.3B
Net Tangible Assets1.0B1.1B1.2B1.2B1.3B1.4B
Long Term Debt Total12.9M13M9.9M7.7M6.9M6.6M

ITT Key Income Statement Accounts

The reason investors look at the income statement is to determine what ITT's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense3M109.1M1.1M6.4M10.4M9.9M
Total Revenue2.8B2.5B2.8B3.0B3.3B4.7B
Gross Profit910.1M782.2M899.5M922.3M1.1B1.2B
Operating Income411.4M226.5M504.3M468M528.2M413.8M
Ebit411.4M342.8M432.5M447.1M529.9M467.6M
Ebitda526.8M455M545.6M554.5M639.1M626.7M
Cost Of Revenue1.9B1.7B1.9B2.1B2.2B3.5B
Income Before Tax414.4M85.2M509.1M461.8M519.5M343.8M
Net Income325.1M72.5M316.3M367M410.5M335.9M
Income Tax Expense89.9M15.3M189.6M91.1M104.8M98.0M
Research Development97.9M84.9M94.9M96.5M102.6M176.1M
Minority Interest1.1M1.4M(4.7M)(2.4M)(3.3M)(3.1M)
Tax Provision89.9M15.3M189.6M91.1M111.8M109.5M
Interest Income4.1M700K1.1M6.4M7.4M7.7M
Extraordinary Items1.7M14.7M1.5M(1.3M)(1.5M)(1.6M)
Net Interest Income3M700K1.1M(6.4M)(11.2M)(10.6M)

ITT Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash50.7M247.7M(212.3M)(86.4M)(72M)(68.4M)
Free Cash Flow267.2M373.2M(96M)173.9M430.1M295.7M
Depreciation113.4M112.2M113.1M107.4M109.2M159.1M
Other Non Cash Items(24M)235.8M(475.7M)2.1M36.7M38.5M
Dividends Paid52.1M59M75.8M87.9M(95.8M)(91.0M)
Capital Expenditures91.4M63.7M88.4M103.9M107.6M177.8M
Net Income323.4M68.5M314.8M368.3M411.4M334.7M
End Period Cash Flow612.9M860.6M648.3M561.9M489.9M619.5M
Change To Netincome64.4M(125.2M)(387.6M)23.1M20.8M24.8M
Change To Inventory(600K)36.5M(82.7M)(99.5M)(34.4M)(32.7M)
Change Receivables(40.6M)83.3M(62.2M)(90.7M)(81.6M)(77.5M)
Net Borrowings(22.3M)(16.8M)93M257.6M296.2M311.1M
Investments(203.4M)(65.8M)(82.3M)(255.1M)(152.3M)(144.7M)

ITT Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ITT's current stock value. Our valuation model uses many indicators to compare ITT value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ITT competition to find correlations between indicators driving ITT's intrinsic value. More Info.
ITT Inc is currently regarded as number one stock in return on equity category among its peers. It is rated second overall in return on asset category among its peers reporting about  0.45  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ITT Inc is roughly  2.22 . At this time, ITT's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value ITT by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

ITT Inc Systematic Risk

ITT's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ITT volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on ITT Inc correlated with the market. If Beta is less than 0 ITT generally moves in the opposite direction as compared to the market. If ITT Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ITT Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ITT is generally in the same direction as the market. If Beta > 1 ITT moves generally in the same direction as, but more than the movement of the benchmark.

ITT Thematic Clasifications

ITT Inc is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in ITT Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ITT's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ITT growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.87

At this time, ITT's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

ITT November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ITT help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ITT Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of ITT Inc based on widely used predictive technical indicators. In general, we focus on analyzing ITT Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ITT's daily price indicators and compare them against related drivers.

Additional Tools for ITT Stock Analysis

When running ITT's price analysis, check to measure ITT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ITT is operating at the current time. Most of ITT's value examination focuses on studying past and present price action to predict the probability of ITT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITT's price. Additionally, you may evaluate how the addition of ITT to your portfolios can decrease your overall portfolio volatility.