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.
TypePublic
Founded1920
HQWhite Plains, NY, US
Websiteitt.com
Employee Ratings3.5
Overall CultureA

Latest Updates

Employees (est.) (Dec 2020)9,700(-7%)
Job Openings201
Revenue (FY, 2020)$2.5 B(-12%)
Share Price (Nov 2021)$103.7(+2%)
Cybersecurity ratingBMore
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Key People/Management at ITT

Luca Savi

Luca Savi

Director, Chief Executive Officer and President
Mary Beth Gustafsson

Mary Beth Gustafsson

Senior Vice President, General Counsel and Chief Compliance Officer
Davide Barbon

Davide Barbon

Senior Vice President and President, Asia Pacific
Emmanuel Caprais

Emmanuel Caprais

Senior Vice President and Chief Financial Officer
Ryan Flynn

Ryan Flynn

Senior Vice President and President, Connect and Control Technologies
Carlo Ghirardo

Carlo Ghirardo

Senior Vice President and President, Motion Technologies
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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
Show all (19)

ITT Financials and Metrics

ITT Revenue

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View revenue for all periods
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
USDFY, 2018FY, 2019FY, 2020

Revenue

2.7b2.8b2.5b

Revenue growth, %

6%4%(13%)

Cost of goods sold

1.9b1.9b1.7b

Gross profit

887.2m910.1m782.2m
Quarterly
USDQ1, 2019Q2, 2015Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

695.5m719.9m711.9m663.3m514.7m591.2m698.4m691.6m

Cost of goods sold

476.7m487.9m480.6m453.9m351.1m400.6m469.4m467.0m

Gross profit

218.8m232.0m231.3m209.4m163.6m190.6m229.0m224.6m

Gross profit Margin, %

31%32%32%32%32%32%33%32%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

561.2m612.1m859.8m

Accounts Receivable

540.0m578.4m507.5m

Inventories

380.5m392.9m360.5m

Current Assets

1.6b1.7b1.9b
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

334.6m326.2m73.9m

Depreciation and Amortization

109.4m113.4m112.2m

Inventories

(13.3m)(600.0k)36.5m

Accounts Payable

(4.2m)(1.9m)(34.7m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

71.4m138.4m257.1m85.1m133.1m86.8m86.5m125.7m

Depreciation and Amortization

26.4m53.0m81.1m27.4m54.5m82.0m28.5m57.2m

Inventories

(17.3m)(27.4m)(28.2m)600.0k2.0m13.8m(21.2m)(50.8m)

Accounts Payable

18.8m11.4m3.6m(6.4m)(62.3m)(34.8m)36.6m32.1m
USDFY, 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
Show all financial metrics

ITT Operating Metrics

ITT's Backlog was reported to be $853.6m in FY, 2019.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 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
Show all operating metrics

ITT Acquisitions / Subsidiaries

Company NameDateDeal Size
Matrix CompositesJuly 03, 2019$25.8 m
Rheinhütte Pumpen GroupApril 30, 2019€82.5 m
AxtoneJanuary 26, 2017$123.1 m
Wolverine Automotive Holdings, Inc.October 05, 2015$307 m
Hartzell AerospaceMarch 31, 2015$52.9 m
ITT Bornemann GmbHNovember 28, 2012€206 m
Blakers Pump EngineersNovember 01, 2011
YSI IncSeptember 06, 2011$310 m
SRA International's Airport Operations Solutions (AOS) groupNovember 22, 2010
O.I. CorporationNovember 15, 2010
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ITT Revenue Breakdown

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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

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

ITT Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

ITT Online and Social Media Presence

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ITT Company Culture

  • Overall Culture

    A

    76/100

  • CEO Rating

    A+

    81/100

  • Compensation

    A+

    87/100

  • Diversity

    C+

    67/100

Learn more on Comparably

ITT News and Updates

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 …

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.

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…

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…

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.

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 …
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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.