ITC Holdings

ITC Holdings is the nation's leading publicly traded independent electricity transmission company, serving seven states throughout the Midwest and Great Plains. Transmission is the bulk delivery of electrical energy from power generating plants along high voltage lines to the local distribution systems of utilities serving communities. The Company invests in the transmission grid to improve system reliability, expand access to markets, lower the overall cost of delivered energy and allow new generating resources to interconnect to its transmission systems. Its regulated operating subsidiaries include ITC Transmission, Michigan Electric Transmission Company, ITC Midwest and ITC Great Plains.
Company Growth (employees)
Type
Public
HQ
Novi, US
Founded
2003
Size (employees)
660 (est)
ITC Holdings was founded in 2003 and is headquartered in Novi, US

ITC Holdings Office Locations

ITC Holdings has offices in Novi, Cedar Rapids, Ann Arbor, Washington and in 1 other location
Novi, US (HQ)
27175 Energy Way

ITC Holdings Financials and Metrics

ITC Holdings Financials

ITC Holdings's revenue was reported to be $1.1 b in FY, 2016
USD

Net income (Q1, 2017)

80 m

Market capitalization (13-Oct-2016)

6.9 b

Cash (31-Dec-2016)

8 m

EV

11.3 b
ITC Holdings's current market capitalization is $6.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

941.3 m1 b1 b1.1 b

Revenue growth, %

9%2%8%

General and administrative expense

239 m

Operating expense total

239 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

139.5 m205 m64.2 m135 m184.6 m80 m
USDFY, 2015FY, 2016

Cash

13.9 m8 m

Accounts Receivable

104.3 m108 m

Inventories

25.8 m29 m

Current Assets

169.2 m233 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

233.5 m244.1 m242.4 m246 m

Depreciation and Amortization

118.6 m128 m144.7 m158 m

Accounts Receivable

89.3 m101 m(501 k)(2 m)

Inventories

32 m30.9 m5.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

139.5 m205 m64.2 m135 m184.6 m80 m

Depreciation and Amortization

70 m106.9 m38.9 m78.2 m117.8 m41 m

Accounts Receivable

123.5 m119.4 m102.8 m(19.8 m)(24.5 m)(10.8 m)(41.4 m)(34.4 m)(13 m)

Inventories

29.4 m30.6 m31 m1.3 m1.4 m(1.8 m)(2 m)(2.7 m)
Y, 2017

EV/CFO

1.4 k x
Show all financial metrics

ITC Holdings Market Value History

ITC Holdings Median Salaries

Source: 17 public H-1B filings from ITC Holdings

Traffic Overview of ITC Holdings

ITC Holdings Online and Social Media Presence

ITC Holdings Company Life and Culture

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