← ITT INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.4b |
$2.6b
+7.48%
|
$2.7b
+6.18%
|
$2.8b
+3.69%
|
$2.5b
-12.95%
|
$2.8b
+11.59%
|
$3.0b
+8.05%
|
$3.3b
+9.88%
|
$3.6b
+10.59%
|
$3.9b
+8.48%
|
$4.7b
+20.30%
|
|
| Cost of Goods and Services Sold | $1.6b |
$1.8b
+7.34%
|
$1.9b
+5.08%
|
$1.9b
+4.22%
|
$1.7b
-12.43%
|
$1.9b
+10.02%
|
$2.1b
+10.72%
|
$2.2b
+5.34%
|
$2.4b
+9.55%
|
$2.5b
+6.83%
|
$3.1b
+21.00%
|
|
| Costs of revenue | $1.6b |
$1.8b
+7.34%
|
$1.9b
+5.08%
|
$1.9b
+4.22%
|
$1.7b
-12.43%
|
$1.9b
+10.02%
|
$2.1b
+10.72%
|
$2.2b
+5.34%
|
$2.4b
+9.55%
|
$2.5b
+6.83%
|
— | |
| Gross Profit | $758.2m |
$817.2m
+7.78%
|
$887.2m
+8.57%
|
$910.1m
+2.58%
|
$782.2m
-14.05%
|
$899.5m
+15.00%
|
$922.3m
+2.53%
|
$1.1b
+20.06%
|
$1.2b
+12.64%
|
$1.4b
+11.63%
|
$1.7b
+19.03%
|
|
| Interest Income (Expense), Net | — | — | — | — | $700k |
$1.1m
+57.14%
|
($6.4m)
-681.82%
|
($10.4m)
-62.50%
|
— | — | $20.8m | |
| Research and Development Expense | $80.8m | $93.7m | $98.4m | $97.9m | $84.9m | $94.9m | $96.5m | $102.6m | $116.3m | $110.8m | $127.1m | |
| Selling and Marketing Expense | $170.0m | $169.7m | $168.2m | $165.9m | $146.5m | $150.8m | $156.9m | $174.0m | $205.7m | $228.7m | $786.5m | |
| Sales and marketing expenses | $170.0m | $169.7m | $168.2m | $165.9m | $146.5m | $150.8m | $156.9m | $174.0m | $205.7m | $228.7m | — | |
| General and Administrative Expense | $274.1m | $264.0m | $259.1m | $254.1m | $200.7m | $214.3m | $211.6m | $302.6m | $296.6m | $368.4m | $495.7m | |
| Amortization of Intangible Assets | $20.1m | $18.9m | $17.6m | $20.8m | $20.4m | $18.9m | $20.8m | $19.1m | $42.1m | $47.3m | — | |
| Restructuring Costs | — | — | — | — | $43.0m | $9.6m | — | — | — | — | — | |
| Operating Income (Loss) | $258.9m |
$309.7m
+19.62%
|
$397.3m
+28.29%
|
$411.4m
+3.55%
|
$226.5m
-44.94%
|
$504.3m
+122.65%
|
$468.0m
-7.20%
|
$528.2m
+12.86%
|
$676.0m
+27.98%
|
$684.5m
+1.26%
|
$680.1m
-0.64%
|
|
| Other Operating Income (Expense), Net | $258.9m | $309.7m | $397.3m | $411.4m | $226.5m | $504.3m | $468.0m | $528.2m | $1.6m | $4.4m | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $6.6m | $10.7m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $12.4m | $1.2m | ($2.7m) | ($7.6m) | ($1.9m) | ($6.1m) | $7.0m | $2.8m | ($9.7m) | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | $1.3m | $1.7m | $1.6m | $4.4m | — | |
| Nonoperating Income (Expense) | — | — | — | — | $2.2m | $2.4m | — | — | — | — | — | |
| Other non-operating income, net | — | — | — | — | ($2.2m) | ($2.4m) | ($1.3m) | ($1.7m) | ($1.6m) | ($4.4m) | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | $10.9m | $19.2m | $36.6m | $48.1m | $100.7m | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — | $4.5m | $8.8m | $6.6m | $10.7m | $20.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $87.5m | $89.2m | $114.4m | $143.9m | ($124.3m) | $199.4m | $155.7m | $164.6m | $264.2m | $276.2m | $607.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $258.4m | $309.4m | $391.0m | $414.4m | $85.2m | $509.1m | $461.8m | $519.5m | $647.6m | $651.5m | $607.0m | |
| Loss from discontinued operations, net of tax benefit of $0.0, $0.0, and $0.3, respectively | — | ($1.5m) | $1.3m | $1.7m | $4.0m | $1.5m | ($1.3m) | ($900k) | ($100k) | ($100k) | — | |
| Current Income Tax Expense (Benefit) | $55.1m | $47.6m | $72.4m | $59.0m | $59.2m | $73.9m | $88.2m | $132.4m | $146.4m | $155.5m | $180.5m | |
| Income Tax Expense (Benefit) | $76.0m | $194.6m | $57.7m | $89.9m | $15.3m | $189.6m | $91.1m | $104.8m | $125.8m | $160.1m | $180.5m | |
| Net Income (Loss) Attributable to Parent | $186.1m |
$113.5m
-39.01%
|
$333.7m
+194.01%
|
$325.1m
-2.58%
|
$72.5m
-77.70%
|
$316.3m
+336.28%
|
$367.0m
+16.03%
|
$410.5m
+11.85%
|
$518.3m
+26.26%
|
$488.0m
-5.85%
|
$421.5m
-13.63%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $186.6m |
$113.3m
-39.28%
|
$334.6m
+195.32%
|
$325.1m
-2.84%
|
$72.5m
-77.70%
|
$316.3m
+336.28%
|
$367.0m
+16.03%
|
$410.5m
+11.85%
|
$518.3m
+26.26%
|
$488.0m
-5.85%
|
$421.5m
-13.63%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $500k | ($200k) | $900k | $1.1m | $1.4m | $4.7m | $2.4m | $3.3m | $3.4m | $3.3m | $421.5m | |
| Income (Loss) from Continuing Operations, Per Basic Share | $2 | $1 | $4 | $4 | $1 | $4 | $4 | $5 | $6 | $6 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | $1 | $4 | $4 | $1 | $4 | $4 | $5 | $6 | $6 | — | |
| Earnings Per Share, Basic | $2.09 | $1.29 | $3.81 | $3.71 | $0.84 | $3.68 | $4.40 | $4.99 | $6.34 | $6.15 | $5.13 | |
| Earnings Per Share, Diluted | $2.07 | $1.28 | $3.76 | $3.67 | $0.83 | $3.66 | $4.38 | $4.96 | $6.30 | $6.11 | $5.10 | |
| Common Stock, Dividends, Per Share, Declared | $0.50 | $0.51 | $0.54 | $0.59 | $0.68 | $0.88 | $1.06 | $1.16 | $1.28 | $1.40 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 89.2m | 88.3m | 87.7m | 87.7m | 86.7m | 86.0m | 83.4m | 82.3m | 81.8m | 79.4m | 83.3m | |
| Weighted average common shares – basic | $89.2m | $88.3m | $87.7m | $87.7m | $86.7m | $86.0m | $83.4m | $82.3m | $81.8m | $79.4m | — | |
| Weighted average common shares – diluted | $89.9m | $89.0m | $88.7m | $88.6m | $87.3m | $86.5m | $83.7m | $82.7m | $82.3m | $79.9m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 89.9m | 89.0m | 88.7m | 88.6m | 87.3m | 86.5m | 83.7m | 82.7m | 82.3m | 79.9m | 83.9m | |
| Additional Financial Items | ||||||||||||
| (Gain) loss on sale of businesses | — | — | — | — | — | — | $0 | ($8.1m) | $47.8m | $0 | — | |
| Income from continuing operations | $182.4m | $114.8m | $333.3m | $324.5m | $69.9m | $319.5m | $370.7m | $414.7m | $521.8m | $491.4m | — | |
| Less: Income attributable to noncontrolling interests | $500k | ($200k) | $900k | $1.1m | $1.4m | $4.7m | $2.4m | $3.3m | $3.4m | $3.3m | — | |
| Income from continuing operations, net of tax | $181.9m | $115.0m | $332.4m | $323.4m | $68.5m | $314.8m | $368.3m | $411.4m | $518.4m | $488.1m | — | |
| Discontinued operations | $0 | ($0) | $0 | $0 | $0 | $0 | ($0) | ($0) | $0 | $0 | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $181.9m | $115.0m | $332.4m | $323.4m | $68.5m | $314.8m | $368.3m | $411.4m | $518.4m | $488.1m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $182.4m | $114.8m | $333.3m | $324.5m | $69.9m | $319.5m | $370.7m | $414.7m | $521.8m | $491.4m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $4.2m | ($1.5m) | $1.3m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | ($1.5m) | $1.3m | $1.7m | $4.0m | $1.5m | ($1.3m) | ($900k) | ($100k) | ($100k) | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | — | — | — | — | $1.1m | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.