OverviewSuggest Edit
ITT is a company manufacturing highly engineered critical components and customized technology solutions for the energy, transportation, and industrial markets. The company operates in three segments: Industrial Process, Motion Technologies, and Connect & Control Technologies. The Industrial Process segment provides industrial pumps, valves, monitoring and control systems, and aftermarket services for chemical, oil and gas, mining, pulp and paper, power, and biopharmaceutical markets. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components, and sealing technologies primarily for the transportation industry. The Connect & Control Technologies designs and manufactures connectors, critical energy absorption, and flow control components for the aerospace, defense, and industrial markets.
| Type | Public | |
| Founded | 1920 | |
| HQ | White Plains, NY, US | Map |
| Website | itt.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Recent NewsAll News
Key People/Management at ITT
Luca Savi
Director, Chief Executive Officer and President
Mary Beth Gustafsson
Senior Vice President, General Counsel and Chief Compliance Officer
Davide Barbon
Senior Vice President and President, Asia Pacific
Emmanuel Caprais
Senior Vice President and Chief Financial Officer
Ryan Flynn
Senior Vice President and President, Connect and Control Technologies
Carlo Ghirardo
Senior Vice President and President, Motion Technologies
ITT Office Locations
ITT has offices in White Plains, Hebron, Novi, Beijing and in 14 other locations
White Plains, NY, US (HQ)
1133 Westchester Ave
Hebron, KY, US
1961 International Way #9526
Novi, MI, US
46785 Magellan Dr
Beijing, CN
No.5 Guangqu Garden
Shanghai, CN
Room 1801 Tower A, 100 Zunyi Rd, Hong Qiao, Changning Qu
Shanghai, CN
Room 902 Tower A, 100 Zunyi Rd, Hong Qiao, Changning Qu
ITT Financials and Metrics
ITT Revenue
ITT's revenue was reported to be $2.48 b in FY, 2020 which is a 12.9% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q2, 2021) | 691.6m |
Gross profit (Q2, 2021) | 224.6m |
Gross profit margin (Q2, 2021), % | 32.5% |
Net income (Q2, 2021) | 39.2m |
EBIT (Q2, 2021) | 179.6m |
Market capitalization (12-Nov-2021) | 8.8b |
Closing stock price (12-Nov-2021) | 103.7 |
Cash (3-Jul-2021) | 578.8m |
EV | 8.4b |
ITT's current market capitalization is $8.8 b.
Annual
Quarterly
Annual
Quarterly
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|
Net Income | 71.4m | 138.4m | 257.1m | 85.1m | 133.1m | 86.8m | 86.5m | 125.7m |
Depreciation and Amortization | 26.4m | 53.0m | 81.1m | 27.4m | 54.5m | 82.0m | 28.5m | 57.2m |
Inventories | (17.3m) | (27.4m) | (28.2m) | 600.0k | 2.0m | 13.8m | (21.2m) | (50.8m) |
Accounts Payable | 18.8m | 11.4m | 3.6m | (6.4m) | (62.3m) | (34.8m) | 36.6m | 32.1m |
| USD | FY, 2018 |
|---|---|
EV/EBIT | 9.5 x |
EV/CFO | 10.2 x |
EV/FCF | 13.7 x |
Revenue/Employee | 274.5k |
Debt/Equity | 0.1 x |
Financial Leverage | 2.1 x |
P/E Ratio | 12.8 |
ITT Operating Metrics
ITT's Backlog was reported to be $853.6m in FY, 2019.
| FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Backlog | $869.7 m | $1.02 b | $853.6 m | ||||||||
Order Volume | $2.62 b | $761.2 m | $741.7 m | $722.1 m | $2.89 b | $738.9 m | $692.8 m | $702.1 m | $2.81 b | ||
Backlog (Motion Technologies) | $299.7 m | $303.1 m | $167.4 m | ||||||||
Backlog (Industrial Process) | $336.5 m | $385.9 m | $427.8 m | $463.8 m | $444.2 m | $444.1 m | $425.3 m | $425.2 m | $395.4 m | $391.7 m | $390.7 m |
ITT Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Matrix Composites | July 03, 2019 | $25.8 m |
| Rheinhütte Pumpen Group | April 30, 2019 | €82.5 m |
| Axtone | January 26, 2017 | $123.1 m |
| Wolverine Automotive Holdings, Inc. | October 05, 2015 | $307 m |
| Hartzell Aerospace | March 31, 2015 | $52.9 m |
| ITT Bornemann GmbH | November 28, 2012 | €206 m |
| Blakers Pump Engineers | November 01, 2011 | |
| YSI Inc | September 06, 2011 | $310 m |
| SRA International's Airport Operations Solutions (AOS) group | November 22, 2010 | |
| O.I. Corporation | November 15, 2010 |
ITT Revenue Breakdown
ITT revenue breakdown by business segment: 20.8% from Connect and Control Technologies, 34.0% from Industrial Process and 45.2% from Motion Technologies
ITT revenue breakdown by geographic segment: 35.1% from Europe, 16.7% from Asia Pacific, 39.7% from North America and 8.5% from Other
ITT Cybersecurity Score
ITT Environment, Social & Governance (ESG) Ratings
ITT Online and Social Media Presence
1.77k Twitter followers
ITT has 1.77k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.8% quarter over quarter
ITT's Trends
Twitter Engagement Stats for @ITT_Inc
1.1k
Tweets
115
Following
1.8k
Followers
2
Tweets last 30 days
1.5
Avg. likes per Tweet
100%
Tweets with engagement
ITT Company Culture
Overall Culture
A
76/100
CEO Rating
A+
81/100
Compensation
A+
87/100
Diversity
C+
67/100
ITT News and Updates
November 03, 2021
ITT Reports Strong Third-Quarter Results, Raises 2021 Outlook
ITT Inc. (NYSE: ITT) today reported financial results for the third quarter ended October 2, 2021. The company delivered a year-over-year revenue increase of 17% driven by growth in Motion Technologies' Friction aftermarket business, the connector business in Connect & Control Technologies, and …
October 26, 2021
ITT to Present at Baird Global Industrial Conference 2021 on November 9
ITT Inc. (NYSE: ITT) today announced Chief Executive Officer and President Luca Savi and Chief Financial Officer Emmanuel Caprais will present at the Baird Global Industrial Virtual Conference on Tuesday, November 9, 2021, from 11:25 a.m. – 11:55 a.m. ET.
October 14, 2021
ITT to Release 2021 Third Quarter Results Wednesday, November 3 and Hold Conference Call Thursday, November 4
ITT Inc. (NYSE: ITT) will release its third quarter financial results after the close of The New York Stock Exchange on Wednesday, November 3, 2021. The earnings release and related materials will be posted at www.itt.com/investors. The company will hold a conference call on Thursday, November 4 at…
October 13, 2021
ITT Announces Quarterly Dividend of $0.22 Per Share
ITT Inc. (NYSE: ITT) announced today that its Board of Directors has declared a regular quarterly dividend payment of $0.22 per share on the Company’s outstanding common stock, par value $1 per share. The dividend is payable on December 30, 2021 to shareholders of record of such common stock as of t…
September 13, 2021
ITT Names Bartek Makowiecki Senior Vice President of Strategy and Business Development
ITT Inc. (NYSE: ITT) today named Bartek Makowiecki Senior Vice President of Strategy and Business Development, reporting to Luca Savi, President and CEO, ITT Inc. In this role, Makowiecki will drive all strategy and merger and acquisition (M&A) activities across ITT.
September 09, 2021
ITT Issues 2021 Sustainability Report Supplement
ITT Inc. (NYSE: ITT) has released Sustainability ITT – 2021 Supplement, its second supplement to Sustainability ITT 2019, the Company's comprehensive report on its progress toward environmental, social, and governance (ESG) commitments. This supplement details ITT's 2020 advances toward integrating …
ITT Frequently Asked Questions
When was ITT founded?
ITT was founded in 1920.
Who are ITT key executives?
ITT's key executives are Luca Savi, Mary Beth Gustafsson and Davide Barbon.
How many employees does ITT have?
ITT has 9,700 employees.
What is ITT revenue?
Latest ITT annual revenue is $2.5 b.
What is ITT revenue per employee?
Latest ITT revenue per employee is $255.4 k.
Who are ITT competitors?
Competitors of ITT include Crane, Flowserve Corporation and Woodward.
Where is ITT headquarters?
ITT headquarters is located at 1133 Westchester Ave, White Plains.
Where are ITT offices?
ITT has offices in White Plains, Hebron, Novi, Beijing and in 14 other locations.
How many offices does ITT have?
ITT has 19 offices.
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