ITT Inc. (ITT)

ITT Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	3,939	3,631	3,283	2,988	2,765
Revenue Growth (YoY)	8.48%	10.59%	9.88%	8.05%	11.59%
Cost of Revenue	2,546	2,381	2,180	2,065	1,866
Gross Profit	1,392	1,249	1,103	922.3	899.5
Selling, General & Admin	563.6	494.9	458.5	374.1	372.1
Research & Development	110.8	116.3	102.6	96.5	94.9
Operating Expenses	674.4	611.2	561.1	470.6	467
Operating Income	718	638.2	542.2	451.7	432.5
Interest Expense	-48.1	-36.6	-19.2	-10.9	-
Interest & Investment Income	10.7	6.6	8.8	4.5	1.1
Other Non Operating Income (Expenses)	5.5	1.8	1.7	0.2	3.7
EBT Excluding Unusual Items	686.1	610	533.5	445.5	437.3
Merger & Restructuring Charges	-34.6	-8.1	-9.9	-	-9.6
Gain (Loss) on Sale of Assets	-	47.8	-8.1	16.3	7
Legal Settlements	-	-	-	-	74.4
Other Unusual Items	-	-	6.3	-	-
Pretax Income	651.5	649.7	521.8	461.8	509.1
Income Tax Expense	160.1	126.3	105.4	91.1	189.6
Earnings From Continuing Operations	491.4	523.4	416.4	370.7	319.5
Earnings From Discontinued Operations	-0.1	-0.1	-0.9	-1.3	1.5
Net Income to Company	491.3	523.3	415.5	369.4	321
Minority Interest in Earnings	-3.3	-3.4	-3.3	-2.4	-4.7
Net Income	488	519.9	412.2	367	316.3
Net Income to Common	488	519.9	412.2	367	316.3
Net Income Growth	-6.14%	26.13%	12.32%	16.03%	336.28%
Shares Outstanding (Basic)	79	82	82	83	86
Shares Outstanding (Diluted)	80	82	83	84	87
Shares Change (YoY)	-2.92%	-0.48%	-1.20%	-3.24%	-0.92%
EPS (Basic)	6.15	6.36	5.01	4.40	3.68
EPS (Diluted)	6.11	6.32	4.99	4.38	3.66
EPS Growth	-3.32%	26.65%	13.79%	19.88%	342.87%
Free Cash Flow	547	438.2	430.1	173.9	-96
Free Cash Flow Per Share	6.85	5.32	5.20	2.08	-1.11
Dividend Per Share	1.404	1.276	1.160	1.056	0.880
Dividend Growth	10.03%	10.00%	9.85%	20.00%	30.18%
Gross Margin	35.35%	34.41%	33.61%	30.87%	32.53%
Operating Margin	18.23%	17.58%	16.52%	15.12%	15.64%
Profit Margin	12.39%	14.32%	12.56%	12.28%	11.44%
Free Cash Flow Margin	13.89%	12.07%	13.10%	5.82%	-3.47%
EBITDA	861.2	775.5	651.4	559.1	545.6
EBITDA Margin	21.87%	21.36%	19.84%	18.71%	19.73%
D&A For EBITDA	143.2	137.3	109.2	107.4	113.1
EBIT	718	638.2	542.2	451.7	432.5
EBIT Margin	18.23%	17.58%	16.52%	15.12%	15.64%
Effective Tax Rate	24.57%	19.44%	20.20%	19.73%	37.24%

Updated Feb 5, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q