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olivLaw · US equity research

ITT Inc. ITT

Pumps & Pumping Equipment · SIC 3561 · Vertical: Pumps & Pumping Equipment (SIC 3561)

201.03USD−1.99% · 1 dayClose 04 Nov 2026

ITT Inc. makes highly engineered components and technology solutions for flow, motion, transport and energy markets, organized into three segments. It completed the SPX FLOW deal, and its second-quarter 2026 growth shows how much that transaction has reshaped the company's profile.

The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).

At the close of 04 Nov 2026, ITT Inc. (ITT) stock was 201.03 USD (−1.99% on the day), with market capitalisation 18.0 bn USD, P/E 39.4 on diluted EPS of 5.10 USD over the last 12 months, dividend yield 0.73%, beta 1.25, 52-week range 169.49–221.69 USD. Latest reported quarter (Q2 2026): revenue of 1.5 bn USD (+51.5% YoY), net income of 84.9 m USD (−29.8% YoY), diluted EPS 0.95 USD.

Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
18.0 bn USD
shares as of 04 Aug 2026
P/E (TTM)
39.4
Diluted EPS TTM 5.10 · TTM to 04 Jul 2026
E/P (TTM)
2.54%
TTM to 04 Jul 2026
Dividend yield
0.73%
DPS 12m 1.47
Beta (2y)
1.25
Volatility (1y) 31%
52-week range
169.49221.69

Price history

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Technical reading

RSI (14)
51.4
neutral
Bollinger (20, 2)
189.57 – 207.07
in the upper half of the band · %B 0.65 · band width 8.8%
SMA 50 / 200
201.45 / 199.42
mixed trend
MACD (12, 26, 9)
-0.44 / -1.47
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 month−2.5%−1.1%−1.4 pp—
3 months−1.5%−0.5%−1.0 pp—
6 months−7.2%+4.4%−11.6 pp—
Year to date+15.9%+12.3%+3.5 pp—
1 year+8.2%+13.5%−5.4 pp+24.1%
3 years+98.6%+76.4%+22.2 pp+64.0%
5 years+93.3%+63.7%+29.6 pp—
Max drawdown (1y)
−16.9%
14 Apr 2026 → 10 Jun 2026
Max drawdown (5y)
−38.6%
18 Nov 2021 → 17 Jun 2022
Compound annual growth (5y)
+14.1%
S&P 500 +10.4%

Price returns, dividends excluded.

Quarterly results

Latest quarter: Q2 2026 · 04 Jul 2026

Revenue
1.5 bn USD
+51.5% YoY
Net income
84.9 m USD
−29.8% YoY
Diluted EPS
0.95
−37.5% YoY
net / operating
5.8% / 12.2%

Quarterly margins

Quarterly statements · USD

Fiscal yearQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Revenue885.2 m929.0 m913.0 m972.4 m999.1 m1.1 bn1.2 bn1.5 bn
Cost of revenue570.5 m612.6 m589.8 m621.6 m643.9 m679.9 m783.1 m963.0 m
Gross profit314.7 m316.4 m323.2 m350.8 m355.2 m374.1 m428.8 m510.1 m
Research & development28.6 m28.0 m25.3 m27.2 m28.1 m26.8 m33.1 m35.8 m
Operating income208.6 m159.9 m150.9 m175.1 m179.8 m178.7 m141.2 m180.3 m
Depreciation & amortisation34.7 m ≈36.6 m37.2 m35.5 m ≈35.2 m ≈35.3 m54.2 m95.4 m ≈
Interest expense10.0 m11.5 m9.3 m12.6 m11.7 m14.5 m24.7 m49.7 m
Pre-tax income200.4 m149.7 m144.3 m164.2 m172.5 m170.5 m128.8 m135.2 m
Income tax38.0 m22.2 m35.2 m42.5 m44.3 m38.1 m49.3 m48.7 m
Net income161.6 m127.0 m108.4 m121.0 m126.9 m131.7 m78.0 m84.9 m
Diluted EPS1.971.55 ≈1.331.521.621.64 ≈0.890.95
Capex36.6 m ≈36.4 m36.8 m16.4 m ≈27.7 m ≈40.4 m26.1 m29.1 m ≈
Dividends paid26.1 m ≈26.0 m28.7 m27.5 m ≈27.3 m ≈27.5 m35.0 m34.5 m ≈
Share repurchases25.0 m ≈500.0 k100.0 m400.8 m ≈100.0 k ≈20.1 m100.0 m4.9 m ≈

≈ derived quarter (cumulative difference / share-days average)

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 91 percentile of its own 43-quarter history (min 9.3, median 20.4, max 126.0; quarters with earnings only).

Fiscal years

Fiscal year20182019202020212022202320242025
Revenue2.7 bn2.8 bn2.5 bn2.8 bn3.0 bn3.3 bn3.6 bn3.9 bn
Revenue YoY+6.2%+3.7%−12.9%+11.6%+8.1%+9.9%+10.6%+8.5%
Net income333.7 m325.1 m72.5 m316.3 m367.0 m412.2 m519.9 m488.0 m
Net income YoY+194.0%−2.6%−77.7%+336.3%+16.0%+12.3%+26.1%−6.1%
Diluted EPS3.763.670.833.664.384.986.326.11
Diluted EPS YoY+193.7%−2.4%−77.4%+341.0%+19.7%+13.7%+26.9%−3.3%
net %12.2%11.4%2.9%11.4%12.3%12.6%14.3%12.4%
Free cash flowunavailableunavailableunavailableunavailableunavailableunavailableunavailableunavailable

Reported results vs expectations

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Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
1.7 bn USD
Financial debt
782.8 m USD
Net debt
-960.1 m USD
Equity
4.1 bn USD
Total assets
6.3 bn USD
Debt / equity
0.19x
Current ratio
2.58x
ROE
14.2%
ROA
8.8%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (USD)

Margins

Income statement · USD

Revenue
2023
3.3 bn
2024
3.6 bn
2025
3.9 bn

SEC (XBRL)· 09 Feb 2026verified

Cost of revenue
2023
2.2 bn
2024
2.4 bn
2025
2.5 bn

SEC (XBRL)· 09 Feb 2026verified

Gross profit
2023
1.1 bn
2024
1.2 bn
2025
1.4 bn

SEC (XBRL)· 09 Feb 2026verified

Research & development
2023
102.6 m
2024
116.3 m
2025
110.8 m

SEC (XBRL)· 09 Feb 2026verified

Operating income
2023
530.5 m
2024
678.1 m
2025
684.5 m

SEC (XBRL)· 09 Feb 2026verified

Depreciation & amortisation
2023
109.2 m
2024
137.3 m
2025
143.2 m

SEC (XBRL)· 09 Feb 2026verified

EBITDA
2023
639.7 m ≈
2024
815.4 m ≈
2025
827.7 m ≈

SEC (XBRL)· 09 Feb 2026derived

Interest expense
2023
19.2 m
2024
36.6 m
2025
48.1 m

SEC (XBRL)· 09 Feb 2026verified

Pre-tax income
2023
521.8 m
2024
649.7 m
2025
651.5 m

SEC (XBRL)· 09 Feb 2026verified

Income tax
2023
105.4 m
2024
126.3 m
2025
160.1 m

SEC (XBRL)· 09 Feb 2026verified

Net income
2023
412.2 m
2024
519.9 m
2025
488.0 m

SEC (XBRL)· 09 Feb 2026verified

Diluted EPS
2023
4.98
2024
6.32
2025
6.11

SEC (XBRL)· 09 Feb 2026verified

Weighted average diluted shares
2023
82.7 m
2024
82.3 m
2025
79.9 m

SEC (XBRL)· 09 Feb 2026verified

Dividend per share
2023
1.16
2024
1.28
2025
1.40

SEC (XBRL)· 09 Feb 2026verified

Balance sheet · USD

Cash
2023
489.2 m
2024
439.3 m
2025
1.7 bn

SEC (XBRL)· 09 Feb 2026verified

Inventories
2023
575.4 m
2024
612.3 m
2025
671.9 m

SEC (XBRL)· 09 Feb 2026verified

Current assets
2023
1.9 bn
2024
1.9 bn
2025
3.4 bn

SEC (XBRL)· 09 Feb 2026verified

Property, plant & equipment, net
2023
561.0 m
2024
577.2 m
2025
627.0 m

SEC (XBRL)· 09 Feb 2026verified

Goodwill
2023
1.0 bn
2024
1.4 bn
2025
1.5 bn

SEC (XBRL)· 09 Feb 2026verified

Intangibles (excl. goodwill)
2023
116.6 m
2024
454.1 m
2025
432.6 m

SEC (XBRL)· 09 Feb 2026verified

Total assets
2023
3.9 bn
2024
4.7 bn
2025
6.3 bn

SEC (XBRL)· 09 Feb 2026verified

Accounts payable
2023
437.0 m
2024
458.4 m
2025
465.0 m

SEC (XBRL)· 09 Feb 2026verified

Short-term debt
2023
187.7 m
2024
427.6 m
2025
261.3 m

SEC (XBRL)· 09 Feb 2026verified

Long-term debt
2023
5.7 m
2024
232.6 m
2025
521.5 m

SEC (XBRL)· 09 Feb 2026verified

Current liabilities
2023
1.0 bn
2024
1.3 bn
2025
1.3 bn

SEC (XBRL)· 09 Feb 2026verified

Total liabilities
2023
1.4 bn
2024
1.9 bn
2025
2.2 bn

SEC (XBRL)· 09 Feb 2026verified

Equity
2023
2.6 bn
2024
2.8 bn
2025
4.1 bn

SEC (XBRL)· 09 Feb 2026verified

Cash flow · USD

Capex
2023
107.6 m
2024
123.9 m
2025
121.3 m

SEC (XBRL)· 09 Feb 2026verified

Investing cash flow
2023
-181.0 m
2024
-817.9 m
2025
-119.8 m

SEC (XBRL)· 09 Feb 2026verified

Financing cash flow
2023
-432.3 m
2024
234.9 m
2025
728.9 m

SEC (XBRL)· 09 Feb 2026verified

Dividends paid
2023
95.8 m
2024
104.7 m
2025
111.0 m

SEC (XBRL)· 09 Feb 2026verified

Share repurchases
2023
60.0 m
2024
104.5 m
2025
521.0 m

SEC (XBRL)· 09 Feb 2026verified

Computed indicators

Growth

Revenue growth (YoY)
8.5%
computed by olivLawFY 2025
Revenue CAGR 3Y
9.6%
computed by olivLawFY 2022 → FY 2025
Revenue CAGR 5Y
9.7%
computed by olivLawFY 2020 → FY 2025
EBIT growth (YoY)
0.9%
computed by olivLawFY 2025
Net income growth (YoY)
-6.1%
computed by olivLawFY 2025
Net income CAGR 3Y
10.0%
computed by olivLawFY 2022 → FY 2025
Net income CAGR 5Y
46.4%
computed by olivLawFY 2020 → FY 2025
EPS growth (YoY)
-3.3%
computed by olivLawFY 2025
EPS CAGR 3Y
11.7%
computed by olivLawFY 2022 → FY 2025
EPS CAGR 5Y
49.1%
computed by olivLawFY 2020 → FY 2025
FCF growth (YoY)
unavailable
input data missing

Profitability

Gross margin
35.2%
computed by olivLawTTM to 04 Jul 2026
EBITDA margin
19.0%
computed by olivLawTTM to 04 Jul 2026
EBIT margin
14.4%
computed by olivLawTTM to 04 Jul 2026
Net margin
8.9%
computed by olivLawTTM to 04 Jul 2026
FCF margin
unavailable
input data missing

Returns

ROE
11.5%
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
ROA
5.3%
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
ROIC
8.6%
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
ROCE
7.7%
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
Payout ratio (EPS)
28.9%
computed by olivLawTTM to 04 Jul 2026
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
3.1 bn USD
computed by olivLawbalance sheet at 04 Jul 2026
Net debt / EBITDA
3.5x
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
Debt / equity
0.8x
computed by olivLawbalance sheet at 04 Jul 2026
Interest coverage
6.8x
computed by olivLawTTM to 04 Jul 2026

Liquidity

Current ratio
1.3x
computed by olivLawbalance sheet at 04 Jul 2026
Quick ratio
0.8x
computed by olivLawbalance sheet at 04 Jul 2026
Cash ratio
0.3x
computed by olivLawbalance sheet at 04 Jul 2026

Cash

Operating cash flow
unavailable
input data missing
Capital expenditure
123.3 m USD
computed by olivLawTTM to 04 Jul 2026
Free cash flow
unavailable
input data missing
FCF conversion
unavailable
input data missing
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
unavailable
input data missing
Days inventory outstanding
95 days
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
Days payables outstanding
66 days
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
18.0 bn USD
computed by olivLawbalance sheet at 04 Jul 2026
Enterprise value
21.1 bn USD
computed by olivLawbalance sheet at 04 Jul 2026
Market cap / net income TTM
42.6x
computed by olivLawTTM to 04 Jul 2026
P/E (TTM)
39.4x
computed by olivLawTTM to 04 Jul 2026
Earnings yield
2.5%
computed by olivLawTTM to 04 Jul 2026
P/B
3.7x
computed by olivLawbalance sheet at 04 Jul 2026
P/S
3.8x
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
EV/EBITDA
23.5x
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
EV/EBIT
31.0x
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
EV/Sales
4.5x
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
0.7%
computed by olivLawTTM to 04 Jul 2026
Shareholder yield (distributions)
1.4%
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026

Risk

Altman Z
2.82
computed by olivLawbalance sheet at 04 Jul 2026

Valuation

olivLaw classification

Unattractive profile

Score: 34 / 100

A scoring methodology on indicators and valuation, not investment advice.

score < 40 · (margin_of_safety <= -0.25 & agreement in ['high', 'medium'])

Closing price

201.03 USD

04 Nov 2026Source: olivLaw, closing series

Market cap: 18.0 bn USD

Key indicators

Market capitalisation
18.0 bn USD
computed by olivLawbalance sheet at 04 Jul 2026
P/E (TTM)
39.4x
computed by olivLawTTM to 04 Jul 2026
P/B
3.7x
computed by olivLawbalance sheet at 04 Jul 2026
EV/EBITDA
23.5x
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
ROE
11.5%
computed by olivLawTTM to 04 Jul 2026 · balance sheet at 04 Jul 2026
Net margin
8.9%
computed by olivLawTTM to 04 Jul 2026
Revenue growth (YoY)
8.5%
computed by olivLawFY 2025
Dividend yield
0.7%
computed by olivLawTTM to 04 Jul 2026

Coverage and freshness

32/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 04 Jul 2026
Latest balance sheet date: 04 Jul 2026
Share count (cover of the latest filing), as of: 04 Aug 2026
Source: SEC (XBRL)published 06 Aug 2026
verified 2931derived 231

Score by group

  • Balance sheet39
  • Growth79
  • Quality18
  • Returns20
  • Valuation10

Estimated value range

Low
113.51
USD per share
Mid
120.81
USD per share
High
133.86
USD per share
Price: 201.03 USD
The price is above the range
Potential to the central value: -39.9% (value / price − 1)
Margin of safety: -66.4% (1 − price / value)
Agreement between methods: medium · 3 methods used · 2 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 18.45 – 165.44 USD.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (USD per share)

— — Mid · ▏ Price

Valuation methods

  • DCF (discounted cash flow)unavailable · input data missing
  • Peers: EV/EBITDA113.51 – 133.86 (Mid 120.81)
    4 companies used · median multiple 15.5x · quartiles 14.8x – 16.8x
    FLS, GGG, GRC, XYL
  • Peers: P/E114.56 – 165.44 (Mid 134.44)
    5 companies used · median multiple 26.3x · quartiles 22.5x – 32.4x
    FLS, GGG, GRC, IEX, XYL
  • Dividend discount (DDM)18.45 – 24.81 (Mid 21.16)
Multiple comparisons use the SIC vertical: Pumps & Pumping Equipment (SIC 3561)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Unattractive profile · Score 34/100

FactorValueScoreWeight used
ROIC · Quality8.6%17 (vs peers)13%
Net margin · Quality8.9%20 (vs peers)8%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growth9.6%80 (on a fixed band)10%
EPS CAGR 3Y · Growth11.7%78 (on a fixed band)10%
Net debt / EBITDA · Balance sheet3.5x15 (on a fixed band)13%
Interest coverage · Balance sheet6.8x81 (on a fixed band)8%
Current ratio · Balance sheet1.3x39 (on a fixed band)5%
P/E (TTM) · Valuation39.4x20 (vs peers)13%
EV/EBITDA · Valuation23.5x0 (on a fixed band)13%
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returns1.4%20 (on a fixed band)8%
Payout ratio (FCF) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet39/100 · 3/3 factors with a value
  • Growth79/100 · 2/2 factors with a value
  • Quality18/100 · 2/3 factors with a value
  • Returns· partial20/100 · 1/2 factors with a value
  • Valuation10/100 · 2/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

ITT INC. (ITT). Latest full fiscal year: 2025; data up to 2026-07-04.

Figures computed from the financial statements: revenue 3.9 bn USD in 2025; YoY growth 8.5%; net margin 8.9%; ROE 11.5%; net debt/EBITDA 3.5x.

The estimated value range is 113.51–133.86 USD per share (median of 3 methods, agreement: medium); assumptions are illustrative. Against the central value of 120.81 USD, the price of 201.03 USD leaves a potential of -39.9% (value / price − 1) and a margin of safety of -66.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

olivLaw score 34/100, methodological classification: unattractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: returns. Not investment advice.

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • Revenue CAGR 3Y: 9.6%
  • EPS CAGR 3Y: 11.7%
  • Interest coverage: 6.8x

What contradicts it

  • ROIC: 8.6%
  • Net margin: 8.9%
  • Net debt / EBITDA: 3.5x
  • P/E (TTM): 39.4x
  • EV/EBITDA: 23.5x
  • Shareholder yield (distributions): 1.4%
  • The price is above the estimated value range

Not assessed (insufficient data or a ratio without meaning): FCF conversion, FCF yield, Payout ratio (FCF).

Versus the vertical median

Pumps & Pumping Equipment (SIC 3561) · same industry (4-digit SIC) · compared with 6 companies

The size band was not applied: too few companies would have remained; the vertical includes much smaller or larger companies.

Multiples and returns vs the median

P/E
39.4x
vertical median 26.3x
above median (+49.5%)
EV/EBITDA
23.5x
vertical median 15.5x
above median (+51.5%)
P/S
3.8x
vertical median 2.7x
above median (+40.5%)
P/B
3.7x
vertical median 4.4x
below median (−14.2%)
ROE
11.5%
vertical median 12.2%
below median (−6.4%)
Net margin
8.9%
vertical median 11.9%
below median (−25.5%)
EBIT margin
14.4%
vertical median 16.1%
below median (−11.1%)
Revenue YoY
8.5%
vertical median 5.5%
above median (+53.5%)
Net debt/EBITDA
3.5x
vertical median 1.3x
above median (+175.7%)
Dividend yield
0.7%
vertical median 1.2%
below median (−36.6%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
XYLXylem Inc.23.2 bn22.310.1%11.9%+5.5%−28% / −4%
ITTItt Inc.18.0 bn39.411.5%8.9%+8.5%+8% / +99%
IEXIdex Corp17.2 bn32.413.3%14.6%+5.8%+34% / +16%
GGGGraco Inc.11.2 bn22.520.4%22.4%+5.8%−15% / −14%
FLSFlowserve Corp10.3 bn40.711.1%—unavailable+14% / +112%
GRCThe Gorman-Rupp Company2.0 bn26.317.0%10.2%+3.4%+59% / +134%
APAmpco-Pittsburgh Corp142.8 m—-126.3%-13.8%+3.8%+167% / +149%

1- and 3-year price returns: for ITT from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (USD)

Estimated priceBearBaseBull
1 years
115.48
Total return -42% · Per year -42%
203.68
Total return 2% · Per year 2%
306.13
Total return 53% · Per year 53%
3 years
123.97
Total return -37% · Per year -14%
244.87
Total return 24% · Per year 8%
402.38
Total return 103% · Per year 27%
5 years
133.08
Total return -31% · Per year -7%
294.39
Total return 51% · Per year 9%
528.89
Total return 169% · Per year 22%
What moves the 3-year price the most
  • Exit P/E± 61.22
  • Net margin± 42.85
  • Annual revenue growth± 33.52
  • Annual dilution± 3.60

AI analysis

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (04 Nov 2026 · results).

In brief

ITT Inc. makes highly engineered components and technology solutions for flow, motion, transport and energy markets, organized into three segments. It completed the SPX FLOW deal, and its second-quarter 2026 growth shows how much that transaction has reshaped the company's profile. 13

SWOT

Strengths

  • A diversified portfolio with strong positions in pumps, connectors and friction components, supported by applied engineering capabilities. 12
  • Organic growth and margin improvement in existing businesses, driven by pricing, productivity and volume. 13
  • Solid cash generation, with free cash flow guidance for 2026 and continued investment programs. 3

Weaknesses

  • Reliance on a limited number of suppliers for some raw materials and components can affect deliveries. 1
  • Amortization of intangibles linked to SPX FLOW reduced the reported operating margin in the second quarter of 2026. 3
  • Integrating a large acquisition carries operational, financial and managerial risks. 1

Opportunities

  • Demand for energy, LNG, hydrogen and infrastructure projects could expand Flow Technologies. 12
  • Defense programs in Connect & Control Technologies could generate further growth. 23
  • Synergies between SPX FLOW and existing activities could lift revenue and margins if integration proceeds as planned. 13

Threats

  • Geopolitical tensions and energy volatility can disrupt supply chains and change project timing. 12
  • Tariffs and shifts in trade policy can raise costs and affect demand. 12
  • Competitors could adopt new technologies faster, which could erode the company's competitive edge. 1

Risks

  • Macroeconomic conditionsmedium

    Global economic uncertainty, inflation and higher interest rates can reduce demand and affect collections. 1

  • Raw materials and suppliershigh

    Volatile raw material prices and supply chain interruptions can affect deliveries and profitability. 1

  • Acquisition riskshigh

    Integrating SPX FLOW could face operational difficulties, undisclosed liabilities or synergies that are not realized. 13

  • Cybersecuritymedium

    A cyber incident could disrupt operations and lead to lost sales and added costs. 1

  • Talent shortagemedium

    Difficulty attracting and keeping engineers and skilled staff could hurt execution and growth. 1

Investment thesis

What would need to be true (bull case)

  • If SPX FLOW integration proceeds as planned, the company could combine its pump portfolio with organic growth in aerospace and defense. 13
  • The raised guidance for adjusted operating margin suggests existing businesses can keep improving. 3
  • Demand for energy and infrastructure technologies could support long-term growth. 12

What would break the thesis

  • Amortization and acquisition-related costs could keep reported margins below past levels. 3
  • Higher debt after the acquisition could limit financial flexibility if demand slows. 3
  • Geopolitical tensions and tariffs could reduce the projects the company relies on. 12

What to watch

  • Îndeplinirea ghidajului de free cash flow2026
  • Completion and integration of SPX FLOW, including announced synergies2026
  • Development of organic growth in Flow TechnologiesQ3 2026
  • Delivery against the free cash flow guidance2026

Products, market & competition

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (04 Nov 2026 · results).

The business

ITT Inc. is a diversified manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial and energy markets. In fiscal 2025 the company reported revenue of 3938.5 million USD, up 8.5%, of which organic growth was 4.8%. 1

Its operating model rests on engineering capabilities that let it solve critical customer challenges where reliability matters most. This supports recurring aftermarket revenue and long-lived platforms from original equipment manufacturers. 2

The SPX FLOW acquisition, agreed in December 2025 for 4775 million USD, extended the portfolio toward pumps, valves, mixers and aftermarket services. With integration, the Industrial Process segment was renamed Flow Technologies. 12

Segments

Motion Technologies

The segment focuses on friction components for automotive and rail, and on KONI activities. Its revenue slipped slightly in 2025 because of the Wolverine divestiture, but the company reported share gains and organic growth in the second quarter of 2026. 13

Connect & Control Technologies

The segment supplies connectors and components for aerospace and defense, which were the main growth engine in 2025. Demand for electric vehicle charging slowed, while defense demand grew in the second quarter of 2026. 13

Market context

The company serves industrial markets supported by pump projects, energy transition and defense. Management expects demand in 2026 to remain firm, with variation between industrial end markets. 12

Markets are shaped by geopolitical tensions, trade tariffs and energy price volatility, which can shift project timing. Growth in defense and energy applications could offset pressure in automotive, if these trends persist. 12

Trends

  • Energy transitiontailwind

    Demand for efficient pumps, cryogenic systems and compressors for LNG, hydrogen and ammonia is rising as customers balance decarbonization goals with energy security. This trend could support Flow Technologies over the long term. 12

  • Tariffs and trade policyheadwind

    Tariffs and shifts in trade frameworks can raise input costs and affect sourcing choices. The company relies on dual sourcing and regional manufacturing, but the timing of any tariff recoveries remains uncertain. 12

  • Defense and aerospacetailwind

    Defense and aerospace programs support growth in connectors and components, and investment in security and national infrastructure could continue. This trend contributes to Connect & Control Technologies. 123

  • Skilled labor and inflationmixed

    Shortages of engineering talent and wage pressure limit production capacity and can raise costs. Automation and talent development are used to reduce this impact. 12

Competitive position

The company competes on product performance and reliability, innovation, application expertise, brand and price. Existing or new rivals may develop cheaper or superior products, which could force price adjustments. 1

The SPX FLOW deal extends the company into pump and process segments where it faces several established players. Success depends on a successful integration and on delivering the anticipated synergies. 12

  • Pump and process equipment makers

    The sources refer to existing and new rivals in pumps and process equipment without naming them. Market share data would need a separate source.

  • Aerospace and defense component producers

    Competition in defense connectors and components is mentioned generically in the filings, without specific company names.

  • Automotive friction component producers

    Motion Technologies competes for aftermarket and original equipment share, but the sources do not name competitors.

  • Mixer and process solution suppliers

    Competition in mixers and process services is present, but the sources do not identify specific companies.

News & filings

In the press

No news in our archive over the last 180 days.

SEC filings

Sources

  1. [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / ITT Inc. · 09 Feb 2026
  2. [2] Form 10-Q, quarter ended 2026-07-04 · SEC / ITT Inc. · 06 Aug 2026
  3. [3] Form 8-K, results release (exhibit 99.1) · SEC / ITT Inc. · 06 Aug 2026

Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.