ITT Inc
ITT Inc. is a U.S.-based manufacturer of highly engineered components and technology solutions used in transportation, industrial, and energy applications. Its business is organized around three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies, each supplying critical parts and systems where reliability, performance, and aftermarket support matter.
Fiscal year 2025 · change from previous year
Development 2020–2025
Business
Share of revenueBrake pads, shock absorbers, damping technologies, rail suspension and crash absorption products for automotive and rail.
Industrial pumps, valves, monitoring systems, plant optimization and aftermarket services for process industries.
Harsh-environment connectors and control components for aerospace, defense, industrial and energy applications.
Products
Reported · share of revenue- Vehicle Components35.9 %
- Industrial Pumps24.3 %
- Aerospaceand Defense Components18.3 %
- Oiland Gas Pumpsand Components15.1 %
- Industrial Componentsand Other6.4 %
Source: 10-K FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.
Customers
ITT sells to OEMs, EPC firms, distributors, and end users across transportation, industrial, and energy markets. Customers buy its products because they are mission-critical, engineered for harsh environments, and often tied to long-lived installed bases that create recurring aftermarket demand.
Automotive and rail manufacturers buy engineered braking, suspension and crash absorption components for new platforms and replacement cycles.
Energy, chemical, petrochemical, mining, food, pharma and power customers buy pumps, valves and monitoring systems for plant uptime.
Engineering, procurement and construction firms buy project equipment and systems for large industrial and energy builds.
Independent distributors resell ITT products and support local end users, especially in fragmented pump and valve markets.
These customers buy connectors and control components for demanding applications where reliability and qualification matter.
Strategy
ITT’s strategy centers on applying engineering depth to critical applications, expanding in adjacent markets, and increasing recurring aftermarket revenue. The company also emphasizes disciplined capital deployment, including close-to-core acquisitions, while managing cash flow and maintaining investment-grade flexibility.
Aftermarket parts and service improve resilience and deepen customer relationships around installed equipment.
New applications can leverage existing engineering capabilities without requiring a full business model change.
Acquisitions and share repurchases must be balanced against liquidity, ratings and cash generation.
Geography
2025ITT has a global footprint, with about 65% of revenue outside the U.S. and sales across roughly 125 countries. Manufacturing and operating sites are spread across the U.S., Europe, Asia, and the Middle East, which helps it serve local customers, shorten lead times, and support regional content requirements.
Share of the revenue the company reports by geography.
Risks
ITT faces cyclical demand in transportation, industrial and energy end markets, plus competitive pressure in fragmented pump, valve and component markets. Its global operations also expose it to supply chain volatility, foreign exchange, cybersecurity risk, and execution risk around acquisitions and divestitures.
- Cyclical demand in transportation, industrial and energy marketsImpact: HighLikelihood: Medium
Customer spending depends on industrial activity, capital projects and OEM production cycles.
Exposure: Revenue and operating margin
- Competitive pressure in fragmented marketsImpact: HighLikelihood: Medium
Many regional and global competitors compete on price, lead time, quality and service.
Exposure - Cybersecurity and IT disruptionImpact: HighLikelihood: Medium
A breach or outage could interrupt operations, cause customer loss and create legal or remediation costs.
Exposure - Supply chain and raw material volatilityImpact: MediumLikelihood: High
The company relies on motors, castings, seals and electronic components whose availability and prices can fluctuate.
Exposure: Cost of goods sold and delivery performance
- Foreign exchange and international executionImpact: MediumLikelihood: High
A large share of revenue and production is outside the U.S., increasing FX and localization complexity.
Exposure
Accounting
Judgemental itemsThe 2025 change can alter cost of sales, gross margin and comparability with prior periods.
Impact: Reported margins and inventory values
Acquisitions such as Svanehøj add goodwill and intangible assets that may require impairment testing.
Impact: Balance sheet carrying values and future impairment risk
Different contract types and service mix can shift recognition timing and quarterly results.
Impact: Quarterly revenue comparability
The company discloses tax expense on distributions of non-U.S. income and undistributed foreign earnings.
Impact: Effective tax rate and net income
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Last updated: 24/09/2026