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Dec 31, 2024
ITT Q4 2024 Earnings Report
ITT reported fourth quarter earnings and full year results, highlighting revenue growth and strategic acquisitions.
Key Takeaways
ITT Inc. reported a 12% increase in revenue for the fourth quarter, with a 6% organic growth. The company's operating income increased by 35%, and earnings per share rose by 38%. Strategic acquisitions and divestitures enhanced ITT's portfolio, focusing on high-growth, high-margin flow and connector segments.
Revenue increased by 12% year-over-year, with 6% organic growth.
Operating income rose by 35%, driven by higher volume leverage and favorable price/cost actions.
Earnings per share increased by 38% due to non-recurring items in the prior year and higher operating income.
Free cash flow increased by 42% due to higher operating income and working capital improvements.
Revenue by Segment
Forward Guidance
ITT anticipates revenue growth of 2% to 4% (3% to 5% organically) with EPS between $6.05 and $6.45 ($6.10-$6.50 adjusted) and free cash flow of $450M to $500M for the full year 2025.
Positive Outlook
- Expected revenue growth of 2% to 4%.
- Organic revenue growth of 3% to 5%.
- Operating margin between 18.0% and 18.9%.
- Adjusted operating margin between 18.1% and 19.0%.
- Free cash flow of $450 million to $500 million.
Challenges Ahead
- Impacts of foreign currency fluctuations are uncertain.
- Effects of potential acquisitions are difficult to predict.
- Effects of potential divestitures are difficult to predict.
- Impacts of certain other special items are difficult to predict.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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