ITT
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. ITT's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $3,283,000,000. The net income raised on $410,500,000 and profit margin reached 13%. Total operating expenses were $579,200,000.
Profit Margin
| 2014 | 2.65B | 184.5M | 6.95% |
|---|---|---|---|
| 2015 | 2.48B | 351.8M | 14.15% |
| 2016 | 2.40B | 186.1M | 7.74% |
| 2017 | 2.58B | 113.5M | 4.39% |
| 2018 | 2.74B | 333.7M | 12.16% |
| 2019 | 2.84B | 325.1M | 11.42% |
| 2020 | 2.47B | 72.5M | 2.93% |
| 2021 | 2.76B | 316.3M | 11.44% |
| 2022 | 2.98B | 367M | 12.28% |
| 2023 | 3.28B | 410.5M | 12.5% |
ITT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.28B | 2.98B | 2.76B | 2.47B | 2.84B | 2.74B | 2.58B | 2.40B | 2.48B | 2.65B |
Cost of revenue | 2.17B | 2.06B | 1.86B | 1.69B | 1.93B | 1.85B | 1.76B | 1.64B | 1.67B | 1.78B |
Gross profit | 1.10B | 922.3M | 899.5M | 782.2M | 910.1M | 887.2M | 817.2M | 758.2M | 809.1M | 866.4M |
Operating exp. | ||||||||||
Research and development | 102.6M | 96.5M | 94.9M | 84.9M | 97.9M | 98.4M | 93.7M | 80.8M | 78.9M | 76.6M |
Selling and marketing | 174M | 156.9M | 150.8M | 146.5M | 165.9M | 168.2M | 169.7M | 170M | 183.2M | 519.5M |
Total operating expenses | 579.2M | 465M | 385.6M | 642.6M | 497.7M | 530.6M | 507.5M | 499.3M | 429M | 600M |
Operating income | 528.2M | 468M | 504.3M | 226.5M | 411.4M | 397.3M | 309.7M | 258.9M | 380.1M | 266.4M |
Other income (expenses), net | -8.7M | -6.2M | 4.8M | -141.3M | 3M | 40.7M | -9.9M | -1.3M | 2.2M | -4.39M |
Income before tax | 519.5M | 461.8M | 509.1M | 85.2M | 414.4M | 391M | 309.4M | 258.4M | 382.3M | 262M |
Income tax expense | 104.8M | 91.1M | 189.6M | 15.3M | 89.9M | 57.7M | 194.6M | 76M | 70.1M | 71.3M |
Net income | 410.5M | 367M | 316.3M | 72.5M | 325.1M | 333.7M | 113.5M | 186.1M | 351.8M | 184.5M |
Earnings per share | ||||||||||
Basic EPS | 4.99 | 4.4 | 3.68 | 0.84 | 3.71 | 3.81 | 1.29 | 2.09 | 3.92 | 2.02 |
Diluted EPS | 4.96 | 4.38 | 3.66 | 0.83 | 3.67 | 3.76 | 1.28 | 2.07 | 3.88 | 1.99 |
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