ITT Corporation

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation, and industrial markets. The Company's product and service offerings are organized in four businesses. They are industrial process, motion technologies, interconnect solutions and control technologies.


Type
Public
HQ
White Plains, US
Founded
1920
Size (employees)
9,500 (est)+2%
Website
itt.com
ITT Corporation was founded in 1920 and is headquartered in White Plains, US

Key People/Management at ITT Corporation

Denise Ramos

Denise Ramos

Chief Executive Officer and President
Luca Savi

Luca Savi

Executive Vice President and Chief Operating Officer
Tom Scalera

Tom Scalera

Executive Vice President and Chief Financial Officer
Vicky Creamer

Vicky Creamer

Senior Vice President and Chief Human Resources Officer
Mary Gustafsson

Mary Gustafsson

Senior Vice President, General Counsel and Chief Compliance Officer

ITT Corporation Office Locations

ITT Corporation has offices in White Plains, Santa Clarita, Antofagasta, Mumbai and in 26 other locations
White Plains, US (HQ)
1133 Westchester Ave
Show all (30)

ITT Corporation Financials and Metrics

ITT Corporation Financials

ITT Corporation's revenue was reported to be $2.4 b in FY, 2016
USD

Revenue (Q3, 2017)

645 m

Gross profit (Q3, 2017)

203.1 m

Gross profit margin (Q3, 2017), %

31%

Net income (Q3, 2017)

86.9 m

EBIT (Q3, 2017)

127.8 m

Market capitalization (13-Dec-2017)

4.7 b

Cash (30-Sep-2017)

395.6 m

EV

4.5 b
ITT Corporation's current market capitalization is $4.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.5 b2.7 b2.5 b2.4 b

Revenue growth, %

6%(6%)(3%)

Cost of goods sold

1.7 b1.8 b1.7 b1.6 b

Gross profit

799.8 m866.4 m809.1 m758.2 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

588.7 m628.2 m601.9 m609.1 m626.2 m581.7 m625.8 m630.9 m645 m

Cost of goods sold

389.7 m414.3 m407 m413.8 m420.6 m397.8 m423.5 m426.5 m441.9 m

Gross profit

199 m213.9 m194.9 m195.3 m205.6 m183.9 m202.3 m204.4 m203.1 m

Gross profit Margin, %

34%34%32%32%33%32%32%32%31%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

507.3 m584 m415.7 m460.7 m

Accounts Receivable

496.7 m500.1 m584.9 m523.9 m

Inventories

315.9 m302.3 m292.7 m295.2 m

Current Assets

1.7 b1.6 b1.5 b1.4 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

570.1 m497.4 m504.9 m430.9 m433.3 m475.8 m348.5 m355.3 m395.6 m

Accounts Receivable

537.2 m558 m567.8 m607 m625.1 m595.2 m576.9 m591.1 m611.6 m

Inventories

287.6 m294.9 m299.7 m301.3 m299.3 m305.1 m311.5 m314.9 m327.9 m

Current Assets

1.6 b1.6 b1.6 b1.6 b1.5 b1.5 b1.4 b1.4 b1.5 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

490.9 m186.8 m351.6 m186.6 m

Depreciation and Amortization

86.9 m88.3 m90 m102 m

Accounts Receivable

(60.7 m)(45.1 m)(72 m)22.5 m

Inventories

(11 m)(3.1 m)31.5 m(7.2 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

42 m184.4 m315.1 m37.3 m70.3 m160.5 m45.6 m93.5 m180.4 m

Depreciation and Amortization

20.7 m41.9 m63.1 m25.3 m51.1 m76.5 m24.8 m50.4 m77.6 m

Accounts Receivable

(56.7 m)(71.8 m)(77.2 m)(21 m)(45.6 m)(13.9 m)(34.7 m)(35.6 m)(47.2 m)

Inventories

3.6 m2 m(6.3 m)(4 m)(3.7 m)(8.9 m)(1.6 m)2.3 m4.2 m
Y, 2017

EV/EBIT

35.1 x

EV/CFO

25.1 x

EV/FCF

45.2 x

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

2.3 x
Show all financial metrics

ITT Corporation Operating Metrics

ITT Corporation's Backlog was reported to be $785.3 m in FY, 2016, which is a 5% decrease from the previous period
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Backlog

$1.02 b$828.1 m$785.3 m

Backlog (Industrial Process)

$603.4 m$601 m$540.3 m$475.9 m$410.9 m$381.7 m$367.3 m$370.8 m$347.2 m$385 m$373.7 m$375.5 m

Order Volume

$530.4 m$2.33 b$623.5 m$605.9 m$573.4 m$2.37 b$670.6 m$626.3 m$658.6 m

Countries

353535
Show all operating metrics

ITT Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Koni NA LLC
Carbon Industries Inc.
Computer & Equipment Leasing Corporation
Electrofilm Manufacturing Company LLC
Goulds QSF LLC
ITT Cannon LLC
ITT Holding LLC
ITT Industries Holdings Inc.
ITT Motion Technologies America LLC
ITT Water Technology (TX) LLC
Venus Holdco LLC
WC Wolverine Holdings Inc.
Wolverine Automotive Holdings Inc.
ITT Australia Holdings Pty Ltd
ITT Cannon (Hong Kong) LTD
ITT Cannon Electronics (Shenzhen) Co., Ltd.(ZHANGJIAGANG BRANCH)
ITT High Precision Manufactured Products (Wuxi) Co. Ltd.
ITT Procast (Zhangjiagang) Co. Ltd.
WAM China Ltd.
Wolverine Advanced Materials Asia Limited
DITTHA GmbH
ITT Cannon GmbH
Goulds Pumps LLC (GREECE BRANCH)
ITT Investments Luxembourg S.a.r.l.
ITT Motion Technologies Luxembourg S.a.r.l.
Bombas Goulds de Mexico S. de R.L. de C.V.
Bornemann S.A. DE C.V.
ITT Cannon de Mexico S.A. de C.V.
ITT Motion Technologies Mexico S. de R.L. de C.V
EP Industries Europe B.V.
European Pump Services B.V.
ITT Japan B.V.
ITT Korea Holding B.V.
ITT Netherlands B.V.
Koni BV
Goulds Pumps (NY) Inc. (PERU BRANCH)
ITT Industries Rus LLC
ITT Fluid Technology International Inc. (SOUTH AFRICA BRANCH)
ITT Industries Spain SL
ITT Cannon LLC (DUBAI BRANCH)
ITT Fluid Technology International Inc. (DUBAI BRANCH)
ITT Pure-Flo (UK) Ltd.
Distribuidora Arbos C.A.
ITT Fluid Technology International Inc. (RUSSIAN BRANCH)
ITT Saudi Co.
Standard Tecknik Services
Bombas Goulds de Venezuela C.A.
Equipos Hidraulicos S.A.
ITT Fluid Technology Asia Pte Ltd.
Goulds Pumps (NY) Inc. (TAIWAN BRANCH)
ITT Fluid Technology International (Thailand) LTD.
ITT Industries Holdings Limited
ITT Industries Limited
ITT Cannon (Hong Kong) LTD (TAIWAN BRANCH)
C&I QSF LLC
EnviroTech LLC
Goulds Mexico Holdings LLC
Goulds Pumps (IPG) LLC
Goulds Pumps (N.Y.) Inc.
Goulds Pumps Administration Inc.
Industrial Tube Company LLC
International Standard Electric Corporation
ITT Aerospace Controls LLC
ITT Community Development Corporation
ITT Industries Luxembourg S.a.r.l. (US BRANCH)
ITT International Holdings Inc.
ITT LLC
ITT Manufacturing Enterprises LLC
ITT Motion Technologies LLC
ITT Torque Systems Inc.
ITT Water & Wastewater U.S.A. Inc.
AcousticFab LLC
TDS Corporate Services LLC
Bombas Goulds S.A.
ITT Cannon GmbH (BELGIUM BRANCH)
ITT Bombas Goulds do Brasil Ltda.
Bornemann Pumps & Systems Co. Ltd
ITT Goulds Pumps Colombia S.A.S.
ITT Cannon GmbH (DENMARK BRANCH)
ITT Industries France S.A.S.
Wolverine Advanced Materials GmbH
ITT Corporation India PVT. Ltd.
ITT Technical Services S.K.
ITT Italia s.r.l.
Enidine Kabashiki Gaisha (Enidine Company Limited (Japan))
Goulds Pumps (PA) LLC
Industries QSF LLC
International Telephone & Telegraph Corp.
ITT Enidine Inc.
ITT Fluid Technology International Inc.
ITT Goulds Pumps Inc.
Leland Properties Inc.
Standard Electric
Wolverine/Tekno Laminates and Composites Ltda.
ITT (China) Investment Co. Ltd. (SHANGHAI BRANCH)
ITT (Shanghai) Fluid Technology Co. Ltd.
ITT Cannon Electronics (Shenzhen) Co. Ltd
Wolverine Advanced Materials (Shanghai) Co. Ltd.
ITT Holdings Czech Republic s.r.o.
ITT Iran S.K.
ITT Cannon Veam Italia s.r.l.
ITT Italy Holding Srl
AIMCO Industries LLC
Bolton Insurance Co.
Goulds Pumps LLC
InTelCo Management LLC
InTelCo Properties LLC
ITT Automotive Enterprises Inc.
ITT Cannon Mexico Inc.
ITT C'treat LLC
ITT Engineered Valves LLC
Kentucky Carbon Corporation
Bombas Bornemann S.R.L.
ITT Blakers Unit Trust
Wolverine Brasil Representacao Ltda.
Bornemann Inc. (Canada)
Goulds Pumps Canada Inc.
ITT Fluid Technology S.A.
ITT (China) Investment Co. Ltd.
Shanghai Goulds Pumps Co. Ltd.
Wolverine Press (Changshu) Co. Ltd.
ITT Egypt LLC
Koni France SARL
ITT Control Technologies EMEA GmbH
ITT Germany Holdings GmbH
ITT Motion Technologies GmbH
Wolverine Advanced Materials LLC (INDIA BRANCH)
PT ITT Fluid Technology Indonesia
Goulds Pumps LLC (JAPAN BRANCH)
ITT Cannon Ltd.
Wolverine Japan KK
Goulds Pumps Co. Ltd.
ITT Cannon Korea Ltd.
Bolton International RE S.C.A.
Bolton International S.C.A.
ITT Industries Global S.a.r.l.
ITT Industries Luxembourg S.a r.l.
ITT International Luxembourg S.a r.l.
AxtoneJanuary 26, 2017$118 m
Wolverine Advanced Materials LLCOctober 15, 2015
Hartzell AerospaceApril 01, 2015
ITT Bornemann GmbHNovember 28, 2012€206 m
ITT Blakers PTY LtdNovember 02, 2011
YSI IncorporatedJuly 11, 2011
O.I. CorporationSeptember 17, 2010
Nova AnalyticsFebruary 18, 2010
EDO CorporationDecember 20, 2007$1.7 b
International Motion Control Inc.September 10, 2007$395 m
Dolphin TechnologyAugust 27, 2007
F.B. LeopoldJune 14, 2006
Ellis K. Phelps & Co.August 05, 2005
Allen Osborne AssociatesSeptember 01, 2004
Shanghai Hengtong Water Treatment EngineeringJanuary 19, 2004
Shanghai Hengtong Purified Water DevelopmentJanuary 19, 2004
Uniservice WellpointApril 01, 2003
Pci MembranesDecember 17, 2002
Flowtronex PSIAugust 20, 2002
Svedala Robot BVJuly 26, 2002
Precision StainlessJune 01, 2002
Energy Machine ServicesAugust 30, 2000
C&K ComponentsApril 25, 2000$117 m
Stanford Telecommunications IncDecember 14, 1999
FLOJET Corp.September 10, 1999
STX Pte. LtdAugust 29, 1999
K and M ElectronicsJuly 12, 1999
Hydro Air IndustriesMarch 04, 1999
Water Pollution Control Corp.January 08, 1999
Sinton Engineering GroupJuly 06, 1998
Rule Industries LLCJune 11, 1998

ITT Corporation Market Value History

ITT Corporation Revenue Breakdown

ITT Corporation's Web-traffic and Trends

ITT Corporation Online and Social Media Presence

ITT Corporation Company Life and Culture

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