ITT Inc. (ITT)

ITT Inc. Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,396	3,283	2,988	2,765	2,478	2,846
Revenue Growth (YoY)	10.99%	9.88%	8.05%	11.59%	-12.95%	3.69%
Cost of Revenue	2,250	2,176	2,065	1,866	1,696	1,936
Gross Profit	1,146	1,107	922.3	899.5	782.2	910.1
Selling, General & Admin	487	476.6	374.1	381.7	347.2	407.2
Research & Development	106.2	102.6	96.5	94.9	84.9	97.9
Other Operating Expenses	-0.1	-0.1	-16.3	-81.4	121.4	-9.8
Operating Expenses	593.1	579.1	454.3	395.2	553.5	495.3
Operating Income	553.1	528.2	468	504.3	228.7	414.8
Interest Expense / Income	10.4	10.4	6.4	-1.1	-0.7	0
Other Expense / Income	3.7	2.5	3.5	-0.5	141.6	-0.2
Pretax Income	539	515.3	458.1	505.9	87.8	415
Income Tax	117.5	104.8	91.1	189.6	15.3	89.9
Net Income	421.5	410.5	367	316.3	72.5	325.1
Net Income Growth	7.47%	11.85%	16.03%	336.28%	-77.70%	-2.58%
Shares Outstanding (Basic)	82	82	83	86	87	88
Shares Outstanding (Diluted)	83	83	84	87	87	89
Shares Change	-0.36%	-1.19%	-3.24%	-0.92%	-1.47%	-0.11%
EPS (Basic)	5.13	4.99	4.40	3.68	0.84	3.71
EPS (Diluted)	5.09	4.96	4.38	3.66	0.83	3.67
EPS Growth	8.30%	13.24%	19.67%	340.96%	-77.38%	-2.39%
Free Cash Flow	432	431.3	194.7	-88.8	373.9	267.2
Free Cash Flow Per Share	5.25	5.24	2.33	-1.03	4.31	3.05
Dividend Per Share	1.189	1.160	1.056	0.880	0.676	0.588
Dividend Growth	9.89%	9.85%	20.00%	30.18%	14.97%	9.70%
Gross Margin	33.75%	33.73%	30.87%	32.53%	31.57%	31.97%
Operating Margin	16.29%	16.09%	15.66%	18.24%	9.23%	14.57%
Profit Margin	12.41%	12.50%	12.28%	11.44%	2.93%	11.42%
Free Cash Flow Margin	12.72%	13.14%	6.52%	-3.21%	15.09%	9.39%
Effective Tax Rate	21.80%	20.34%	19.89%	37.48%	17.43%	21.66%
EBITDA	665.5	634.9	571.9	617.9	199.3	528.4
EBITDA Margin	19.60%	19.34%	19.14%	22.35%	8.04%	18.56%
Depreciation & Amortization	116.1	109.2	107.4	113.1	112.2	113.4
EBIT	549.4	525.7	464.5	504.8	87.1	415
EBIT Margin	16.18%	16.01%	15.55%	18.26%	3.52%	14.58%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).