ITT Free Cash Flow Per Share vs Free Cash Flow Yield Analysis

ITT Stock  USD 154.14  1.00  0.65%   
ITT financial indicator trend analysis is infinitely more than just investigating ITT Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ITT Inc is a good investment. Please check the relationship between ITT Free Cash Flow Per Share and its Free Cash Flow Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Free Cash Flow Per Share vs Free Cash Flow Yield

Free Cash Flow Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITT Inc Free Cash Flow Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ITT's Free Cash Flow Per Share and Free Cash Flow Yield is 0.59. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of ITT Inc, assuming nothing else is changed. The correlation between historical values of ITT's Free Cash Flow Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of ITT Inc are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Free Cash Flow Per Share i.e., ITT's Free Cash Flow Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from ITT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ITT Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, ITT's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit899.5M922.3M1.1B1.2B
Total Revenue2.8B3.0B3.3B4.7B

ITT fundamental ratios Correlations

1.01.00.990.871.01.00.910.011.01.00.01.00.730.891.00.891.0-0.471.00.891.00.830.920.670.91
1.00.990.990.881.01.00.92-0.011.01.0-0.021.00.70.881.00.91.0-0.491.00.91.00.810.920.690.91
1.00.990.980.870.990.990.90.070.991.00.060.990.720.891.00.881.0-0.451.00.881.00.820.910.630.88
0.990.990.980.90.990.990.930.010.990.970.00.990.680.810.980.920.98-0.430.980.930.980.780.960.750.89
0.870.880.870.90.90.881.00.090.870.850.060.880.360.60.850.970.86-0.140.850.950.870.470.890.710.77
1.01.00.990.990.91.00.930.01.00.990.01.00.690.860.990.911.0-0.440.990.911.00.80.930.690.9
1.01.00.990.990.881.00.91-0.061.00.99-0.061.00.70.881.00.91.0-0.491.00.91.00.810.920.70.92
0.910.920.90.931.00.930.910.060.910.880.030.910.430.650.890.970.9-0.210.890.950.90.540.910.730.82
0.01-0.010.070.010.090.0-0.060.060.010.011.00.00.06-0.060.00.030.00.280.00.040.010.00.0-0.16-0.28
1.01.00.990.990.871.01.00.910.011.00.01.00.730.881.00.891.0-0.471.00.891.00.830.920.670.91
1.01.01.00.970.850.990.990.880.011.00.011.00.750.911.00.861.0-0.51.00.861.00.850.90.640.9
0.0-0.020.060.00.060.0-0.060.031.00.00.01-0.010.07-0.050.00.020.00.270.00.030.00.010.0-0.14-0.29
1.01.00.990.990.881.01.00.910.01.01.0-0.010.720.881.00.891.0-0.471.00.891.00.820.920.680.91
0.730.70.720.680.360.690.70.430.060.730.750.070.720.820.740.360.73-0.590.740.420.720.960.540.320.66
0.890.880.890.810.60.860.880.65-0.060.880.91-0.050.880.820.910.630.9-0.650.910.610.90.910.670.390.83
1.01.01.00.980.850.991.00.890.01.01.00.01.00.740.910.871.0-0.51.00.871.00.840.90.650.91
0.890.90.880.920.970.910.90.970.030.890.860.020.890.360.630.870.88-0.230.870.980.880.50.950.770.76
1.01.01.00.980.861.01.00.90.01.01.00.01.00.730.91.00.88-0.491.00.881.00.830.910.660.91
-0.47-0.49-0.45-0.43-0.14-0.44-0.49-0.210.28-0.47-0.50.27-0.47-0.59-0.65-0.5-0.23-0.49-0.5-0.23-0.48-0.6-0.27-0.36-0.55
1.01.01.00.980.850.991.00.890.01.01.00.01.00.740.911.00.871.0-0.50.871.00.840.910.650.91
0.890.90.880.930.950.910.90.950.040.890.860.030.890.420.610.870.980.88-0.230.870.880.540.970.810.74
1.01.01.00.980.871.01.00.90.011.01.00.01.00.720.91.00.881.0-0.481.00.880.830.910.660.9
0.830.810.820.780.470.80.810.540.00.830.850.010.820.960.910.840.50.83-0.60.840.540.830.660.360.75
0.920.920.910.960.890.930.920.910.00.920.90.00.920.540.670.90.950.91-0.270.910.970.910.660.780.79
0.670.690.630.750.710.690.70.73-0.160.670.64-0.140.680.320.390.650.770.66-0.360.650.810.660.360.780.69
0.910.910.880.890.770.90.920.82-0.280.910.9-0.290.910.660.830.910.760.91-0.550.910.740.90.750.790.69
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ITT Account Relationship Matchups

ITT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.3B3.6B3.8B3.9B7.1B
Short Long Term Debt Total99.4M119.8M207.5M517.6M285.2M270.9M
Other Current Liab356.2M383.7M288.2M195.1M229.3M217.8M
Total Current Liabilities849.7M871M928.3M1.2B1.0B1.6B
Total Stockholder Equity2.1B2.1B2.2B2.2B2.5B2.2B
Property Plant And Equipment Net531.5M525.1M509.1M526.8M648.4M803.8M
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
Non Current Assets Total2.4B2.4B1.8B1.9B2.1B3.3B
Non Currrent Assets Other626.3M614M246.3M241.5M163.1M154.9M
Cash And Short Term Investments561.2M612.1M859.8M647.5M489.2M620.8M
Net Receivables578.4M507.5M555.1M655.1M701M1.2B
Common Stock Total Equity87.8M86.5M85.5M82.7M74.4M89.7M
Common Stock Shares Outstanding88.6M87.3M86.5M83.7M82.7M76.4M
Liabilities And Stockholders Equity4.1B4.3B3.6B3.8B3.9B7.1B
Non Current Liabilities Total1.2B1.3B406.4M337.4M355.7M337.9M
Inventory392.9M360.5M430.9M533.9M575.4M458.0M
Other Current Assets153.4M189.5M88.6M86.6M92.1M87.5M
Other Stockholder Equity2.6M1.1M88M(344.3M)82.1M78.0M
Total Liab2.0B2.1B1.3B1.5B1.4B1.3B
Property Plant And Equipment Gross623.2M612.4M1.7B1.8B1.9B2.0B
Total Current Assets1.7B1.9B1.7B1.8B1.9B1.8B
Accumulated Other Comprehensive Income(385.3M)(279.4M)(321.3M)(344.3M)(331.9M)(348.5M)
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
Property Plant Equipment531.5M525.1M509.1M526.8M474.1M552.5M
Current Deferred Revenue74.6M73.7M69.1M92.2M133.6M126.9M
Net Tangible Assets1.0B1.1B1.2B1.2B1.3B1.4B
Noncontrolling Interest In Consolidated Entity2.9M1.5M4.9M9.3M10.7M11.2M
Retained Earnings Total Equity2.4B2.3B2.5B2.5B2.3B1.8B
Long Term Debt Total12.9M13M9.9M7.7M6.9M6.6M
Non Current Liabilities Other1.2B1.3B206.5M200.2M24M22.8M

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