ITT Historical Income Statement

ITT Stock  USD 147.58  0.37  0.25%   
Historical analysis of ITT income statement accounts such as Total Revenue of 4.7 B or Gross Profit of 1.2 B can show how well ITT Inc performed in making a profits. Evaluating ITT income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ITT's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining ITT Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ITT Inc is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About ITT Income Statement Analysis

ITT Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ITT shareholders. The income statement also shows ITT investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

ITT Income Statement Chart

At this time, ITT's Depreciation And Amortization is comparatively stable compared to the past year. Total Revenue is likely to gain to about 4.7 B in 2025, whereas Operating Income is likely to drop slightly above 417.9 M in 2025.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts ITT Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ITT Inc minus its cost of goods sold. It is profit before ITT operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ITT Inc. It is also known as ITT overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from ITT's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ITT Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, ITT's Depreciation And Amortization is comparatively stable compared to the past year. Total Revenue is likely to gain to about 4.7 B in 2025, whereas Operating Income is likely to drop slightly above 417.9 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit922.3M1.1B1.2B1.2B
Total Revenue3.0B3.3B3.6B4.7B

ITT income statement Correlations

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0.610.170.630.470.650.270.290.380.630.15-0.040.270.530.930.640.54-0.20.230.63-0.060.21-0.11-0.030.22-0.18
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0.95-0.140.960.560.970.730.740.810.970.63-0.140.70.460.630.730.92-0.010.310.48-0.010.38-0.17-0.180.250.23
-0.15-0.2-0.12-0.13-0.11-0.18-0.18-0.18-0.12-0.160.140.06-0.59-0.060.01-0.17-0.120.14-0.06-0.010.37-0.18-0.090.280.12
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-0.07-0.39-0.090.17-0.110.130.080.04-0.110.220.360.030.3-0.11-0.29-0.04-0.150.14-0.35-0.17-0.18-0.650.13-0.72-0.26
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ITT Account Relationship Matchups

ITT income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization112.2M113.1M107.4M109.2M137.3M157.5M
Interest Expense109.1M1.1M6.4M10.4M36.6M28.2M
Total Revenue2.5B2.8B3.0B3.3B3.6B4.7B
Gross Profit782.2M899.5M922.3M1.1B1.2B1.2B
Other Operating Expenses2.3B2.3B2.5B2.8B3.0B4.3B
Operating Income226.5M504.3M468M528.2M676M417.9M
Ebit342.8M432.5M447.1M529.9M684.2M470.2M
Ebitda455M545.6M554.5M639.1M821.5M627.7M
Cost Of Revenue1.7B1.9B2.1B2.2B2.4B3.5B
Income Before Tax85.2M509.1M461.8M519.5M647.6M349.4M
Total Other Income Expense Net(141.3M)4.8M(6.2M)(8.7M)(28.4M)(29.8M)
Net Income72.5M316.3M367M410.5M518.3M338.5M
Income Tax Expense15.3M189.6M91.1M104.8M125.8M98.1M
Selling General Administrative200.7M214.3M211.6M302.6M296.6M552.7M
Total Operating Expenses642.6M385.6M465M579.2M571.3M831.4M
Research Development84.9M94.9M96.5M102.6M116.3M173.2M
Net Income Applicable To Common Shares325.1M72.5M316.3M367M330.3M281.3M
Discontinued Operations1.7M4M1.5M(1.3M)(1.2M)(1.1M)
Net Income From Continuing Ops69.9M319.5M370.7M437.5M521.8M309.6M
Selling And Marketing Expenses146.5M150.8M156.9M174M205.7M175.7M
Minority Interest1.4M(4.7M)(2.4M)(3.3M)(3.4M)(3.2M)
Tax Provision15.3M189.6M91.1M111.8M125.8M112.4M
Interest Income700K1.1M6.4M8.8M6.6M3.4M
Extraordinary Items1.7M14.7M1.5M(1.3M)(1.5M)(1.6M)
Net Interest Income700K1.1M(6.4M)(11.2M)(30M)(28.5M)
Reconciled Depreciation112.2M113.1M107.4M108.7M137.3M124.7M

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When running ITT's price analysis, check to measure ITT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ITT is operating at the current time. Most of ITT's value examination focuses on studying past and present price action to predict the probability of ITT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITT's price. Additionally, you may evaluate how the addition of ITT to your portfolios can decrease your overall portfolio volatility.