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Diversified industrial manufacturer making pumps, brake pads/friction materials and connectors for industrial, auto and aerospace customers.
Diversified industrial manufacturer making pumps, brake pads/friction materials and connectors for industrial, auto and aerospace customers.
Sells brake pads to carmakers, which design them into vehicle models for years and pay per unit, and industrial pumps to process plants, where spare parts and service follow the first sale. Connectors for aerospace and industrial use are the third line. It spun off Exelis and Xylem in 2011 and sold its legacy asbestos liabilities in 2021.
Moat: narrow (customer qualification, process know-how, installed base). OEM-qualified brake friction materials and process-critical pumps create switching costs.
Headquarters: Stamford, Connecticut, US · Founded: 1920 · Employees: 11,600
Size ITT (ITT) is a United States Consumer Discretionary company (Auto Parts: OEM) with a market value of $18.4B, the 518th largest of 3,117 United States companies the cockpit tracks. Shares closed at $205.55 on 6 Nov 2026.
Performance Over six months the shares fell 0.3%, against -6.5% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 28.1% over the last twelve months (peer median +12.3%); the operating margin is 17.4% (peer median 9.3%).
Valuation It trades at 21.6× forward earnings against a peer median of 20.1× (10th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is +11 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 1.7 points below its cost of capital (10.1% WACC).
Backlog Backlog (remaining performance obligations) was $2.78B at 3 Oct 2026, up 47% on a year earlier — 0.5 years of trailing revenue. Backlog detail →
Credit ITT has 1 bond outstanding ($1.22B), rated B- by the agencies and trading like B+ at a weighted spread of 216 bp.
Short interest Short interest is 7.5% of the free float (15 Oct 2026).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $4.74B | $3.94B | $3.63B | $3.28B | $2.99B |
| Revenue growth | — | +8% | +11% | +10% | — |
| Gross profit | $1.58B | $1.39B | $1.25B | $1.11B | $922M |
| EBITDA | $1.05B | $852M | $787M | $623M | $548M |
| Net income | $422M | $488M | $520M | $410M | $367M |
| Free cash flow | $510M | $548M | $439M | $430M | $174M |
| Capital expenditure | $123M | $121M | $124M | $108M | $104M |
| Total debt | $3.83B | $867M | $756M | $285M | $537M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| ITT ITT | $18.4B | 0% | +28% | 17% | 21.6× | 20.9% |
| Flowserve FLS | $10.2B | +13% | 0% | 14% | 17.8× | 15.0% |
| Xylem XYL | $22.4B | -14% | +2% | 16% | 17.4× | 12.1% |
| Brembo BRE.MI | $5.62B | -11% | -3% | 7% | 13.7× | 17.3% |
| TE Connectivity TEL | $59.5B | +1% | +15% | 22% | 15.1× | 8.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ITT | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.5% | -1.8% | 7th highest of 21 |
| 6-month return | -0.3% | -6.5% | 8th highest of 21 |
| Distance from 52-week high | -10.8% | -23.8% | 6th highest of 21 |
| Revenue growth (TTM) | +28.1% | +12.3% | 3rd highest of 21 |
| Operating margin | 17.4% | 9.3% | 6th highest of 21 |
| Forward P/E | 21.6× | 20.1× | 10th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 20.9% | 8.5% | 7th most demanding of 21 |
| Growth delivered (Del g) | +9.7% | +8.3% | 10th highest of 21 |
| Hurdle (Req g minus delivered) | +11.2 pp | -4.4 pp | 6th most demanding of 21 |
| ROIC minus cost of capital | -1.7 pp | +2.0 pp | 7th lowest of 21 |
| EV / EBITDA | 20.4× | 10.1× | 4th most expensive of 16 |
| Net debt / EBITDA | 3.1× | 0.9× | most indebted of 16 |
| Bond spread | 216 bp | 113 bp | widest of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ITT ITT | United States | $18.4B | 0% | +28% | 17% | 21.6× | 20.9% | +9.7% |
| Jiangsu Hengli Hydraulic 601100.SS | China | $17.9B | -15% | +31% | 24% | 38.2× | 24.0% | +6.9% |
| Samvardhana Motherson International MOTHERSON.NS | India | $17.9B | +22% | +14% | 6% | 30.2× | 30.9% | +17.0% |
| Knorr-Bremse KBX.DE | Germany | $17.1B | -9% | +4% | 13% | 20.7× | 8.6% | +4.9% |
| Magna International MG.TO | Canada | $16.1B | +4% | 0% | 6% | 8.2× | 0.1% | +6.0% |
| Bosch BOSCHLTD.NS | India | $15.8B | +34% | +14% | 12% | 49.7× | 46.8% | +15.7% |
| Mobis 012330.KS | South Korea | $22.3B | -18% | +4% | 6% | 8.3× | -1.0% | +10.8% |
| Shenzhen Inovance Technology 300124.SZ | China | $23.0B | -17% | +19% | 10% | 27.0× | 21.3% | +31.4% |
| Weichai Power 2338.HK | Hong Kong | $24.0B | -50% | +14% | 7% | 11.0× | -7.0% | +2.6% |
| Sumitomo Electric Industries 5802.T | Japan | $27.3B | -47% | +14% | 9% | 11.4× | 13.3% | +11.9% |
| Cummins India CUMMINSIND.NS | India | $11.9B | -25% | +15% | 19% | 43.5× | 39.5% | +22.7% |
| Ningbo Tuopu 601689.SS | China | $11.7B | -26% | +11% | 9% | 29.9× | 15.3% | +35.4% |
| Denso 6902.T | Japan | $32.5B | -1% | +7% | 7% | 12.1× | 3.4% | +8.8% |
| Trelleborg TREL-B.ST | Sweden | $10.1B | +19% | +2% | 19% | 22.9× | 9.6% | +2.6% |
| Aisin 7259.T | Japan | $9.78B | -14% | +6% | 4% | 10.0× | -0.3% | +7.7% |
| Donaldson DCI | United States | $9.77B | -2% | +5% | 16% | 19.5× | 8.3% | +6.4% |
| Allison Transmission ALSN | United States | $9.65B | -6% | +71% | 20% | 11.0× | 2.6% | +7.7% |
| Niterra 5334.T | Japan | $9.01B | +5% | +16% | 19% | 9.9× | 4.0% | +11.3% |
| Autoliv ALV | United States | $8.89B | +2% | +4% | 10% | 11.0× | 2.6% | +7.7% |
| HELLA GmbH & Co. KGaA HLE.DE | Germany | $8.26B | -7% | -1% | 5% | 34.7× | 2.4% | +6.1% |
| UNO Minda UNOMINDA.NS | India | $8.11B | +16% | +19% | 8% | 53.6× | 46.9% | +25.0% |
ITT has 1 bond outstanding with $1.22B face value. The agencies rate it B-; its bonds trade like B+. Weighted yield 6.78%, a spread of 216 bp over government bonds.
ITT reported $2.78B of remaining performance obligations at 3 Oct 2026, up 47% from a year earlier and up 4% from the previous quarter. That is 0.5 years of trailing revenue already under contract. Book-to-bill last quarter: 1.08.