ITT Inc.
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ITT Inc. - overview
Established
1920
Location
White Plains, NY, US
Primary Industry
Industrial Machinery
About
ITT Inc. is a manufacturer of specialized engineered components and solutions for critical industries, delivering reliable products that enhance safety and operational efficiency across sectors such as automotive, aerospace, and energy. Founded in 1920 in White Plains, US, ITT Inc. designs and produces critical components for global industrial applications.
The company has a history of strategic evolution without major pivots or mergers. ITT operates globally, maintaining a strong presence in key markets worldwide. The organization is led by CEO Kenyatal Dubose, with notable contributions from co-founders Ilaria B, Raela M, and executives Tara Galvan and Ali Khodayar. ITT Inc.
specializes in the design and manufacture of highly engineered critical components and solutions that serve key global industries such as automotive, aerospace, chemical processing, industrial, and energy markets. Their flagship offerings include ITT Goulds Pumps, recognized for their reliability and efficiency in fluid handling applications across various sectors. The company's products are utilized in significant end-use applications, including enhancing transportation safety, facilitating chemical processes, and securing essential infrastructure. ITT's commitment to innovation is evident in their extensive portfolio of advanced technologies, which are tailored to meet the specific needs of their diverse customer base, including leading firms in energy, chemical, and general industrial markets.
The geographical reach of ITT's products extends to multiple international markets, ensuring that their solutions address critical challenges faced by customers worldwide. For the year 2024, ITT Inc. generated revenue of USD 3. 63 bn, with an EBITDA of USD 813.
30 mn. The company’s revenue model is built on direct B2B transactions primarily with large corporations in key industrial sectors, leveraging partnerships to enhance integration of their advanced products into client operations. ITT’s trademarked products, particularly the ITT Goulds Pumps, significantly contribute to its revenue by addressing essential needs in fluid management and processing.
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery, Electronic Components
Website
www.itt.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
ITT Inc. - timeline of key events
ITT Inc. - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,654,600,000 | 2,485,600,000 | 2,405,400,000 | 2,585,300,000 | 2,745,100,000 | 2,846,400,000 | 2,477,800,000 | 2,765,000,000 | 2,987,700,000 | - | - | - |
| % Revenue Growth (YoY) | - | (6.4%) | (3.2%) | 7.5% | 6.2% | 3.7% | (12.9%) | 11.6% | 8.1% | - | - | - |
| EBITDA (USD) | 354,700,000 | 470,100,000 | 360,900,000 | 415,000,000 | 506,700,000 | 524,800,000 | 338,700,000 | 617,400,000 | 575,400,000 | - | - | - |
| Operating Income (USD) | 266,400,000 | 380,100,000 | 258,900,000 | 309,700,000 | 397,300,000 | 411,400,000 | 226,500,000 | 504,300,000 | 468,000,000 | - | - | - |
| Operating Margin | 10.0% | 15.3% | 10.8% | 12.0% | 14.5% | 14.5% | 9.1% | 18.2% | 15.7% | - | - | - |
| % EBITDA Margin | 13.4% | 18.9% | 15.0% | 16.1% | 18.5% | 18.4% | 13.7% | 22.3% | 19.3% | - | - | - |
| NET Income (USD) | 186,800,000 | 351,600,000 | 186,600,000 | 113,300,000 | 334,600,000 | 326,200,000 | 73,900,000 | 321,000,000 | 369,400,000 | - | - | - |
| % Net Margin | 7.0% | 14.1% | 7.8% | 4.4% | 12.2% | 11.5% | 3.0% | 11.6% | 12.4% | - | - | - |
ITT Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | SPX FLOW, Inc. | - | ||||||||
| Trade Sale | Completed | kSARIA Corporation | - | ||||||||
| Corporate Carve Out | Completed | Wolverine Advanced Materials, LLC | - | ||||||||
| Add-on | Completed | InTelCo Management LLC | - | ||||||||
| Trade Sale | Completed | Wolverine Advanced Materials, LLC | - |
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ITT Inc. - employee data
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