ITT Inc. Files Q1 2024 10-Q Report

Ticker: ITT · Form: 10-Q · Filed: 2024-05-02T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, quarterly-report

TL;DR

ITT Inc. dropped its Q1 2024 10-Q. Check financials.

AI Summary

ITT Inc. filed its 10-Q for the period ending March 30, 2024, reporting on its financial performance. The company's fiscal year ends on December 31st. Key financial data and statements for the first quarter of 2024 are detailed within this filing.

Why It Matters

This filing provides investors and analysts with the official financial results and operational details for ITT Inc. during the first quarter of 2024, influencing investment decisions.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing with no immediate red flags.

Key Numbers

Key Players & Entities

FAQ

What is the specific reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is March 30, 2024.

When was this 10-Q filed with the SEC?

This 10-Q was filed on May 2, 2024.

What is ITT Inc.'s fiscal year end date?

ITT Inc.'s fiscal year ends on December 31st.

What is the company's primary business address?

The company's business address is 100 Washington Blvd, 6th Floor, Stamford, CT 06902.

What is the SIC code for ITT Inc.?

The Standard Industrial Classification (SIC) code for ITT Inc. is 3561, which corresponds to Pumps & Pumping Equipment.

From the Filing

0000216228-24-000033.txt : 20240502 0000216228-24-000033.hdr.sgml : 20240502 20240502104322 ACCESSION NUMBER: 0000216228-24-000033 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 111 CONFORMED PERIOD OF REPORT: 20240330 FILED AS OF DATE: 20240502 DATE AS OF CHANGE: 20240502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ITT INC. CENTRAL INDEX KEY: 0000216228 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] ORGANIZATION NAME: 06 Technology IRS NUMBER: 811197930 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-05672 FILM NUMBER: 24906189 BUSINESS ADDRESS: STREET 1: 100 WASHINGTON BLVD STREET 2: 6TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 914.641.2000 MAIL ADDRESS: STREET 1: 100 WASHINGTON BLVD STREET 2: 6TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 FORMER COMPANY: FORMER CONFORMED NAME: ITT Inc. DATE OF NAME CHANGE: 20160517 FORMER COMPANY: FORMER CONFORMED NAME: ITT Corp DATE OF NAME CHANGE: 20100308 FORMER COMPANY: FORMER CONFORMED NAME: ITT CORP DATE OF NAME CHANGE: 20060705 10-Q 1 itt-20240330.htm 10-Q itt-20240330 false 2024 Q1 0000216228 12-31 0000216228 2024-01-01 2024-03-30 0000216228 2024-04-30 xbrli:shares iso4217:USD 0000216228 2023-01-01 2023-04-01 iso4217:USD xbrli:shares 0000216228 2024-03-30 0000216228 2023-12-31 0000216228 2022-12-31 0000216228 2023-04-01 0000216228 us-gaap:CommonStockMember 2023-12-31 0000216228 us-gaap:RetainedEarningsMember 2023-12-31 0000216228 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000216228 us-gaap:NoncontrollingInterestMember 2023-12-31 0000216228 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-30 0000216228 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-30 0000216228 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-30 0000216228 us-gaap:CommonStockMember 2024-01-01 2024-03-30 0000216228 us-gaap:CommonStockMember 2024-03-30 0000216228 us-gaap:RetainedEarningsMember 2024-03-30 0000216228 us-gaap:NoncontrollingInterestMember 2024-03-30 0000216228 us-gaap:CommonStockMember 2022-12-31 0000216228 us-gaap:RetainedEarningsMember 2022-12-31 0000216228 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000216228 us-gaap:NoncontrollingInterestMember 2022-12-31 0000216228 us-gaap:CommonStockMember 2023-01-01 2023-04-01 0000216228 us-gaap:RetainedEarningsMember 2023-01-01 2023-04-01 0000216228 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-04-01 0000216228 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-04-01 0000216228 us-gaap:CommonStockMember 2023-04-01 0000216228 us-gaap:RetainedEarningsMember 2023-04-01 0000216228 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-01 0000216228 us-gaap:NoncontrollingInterestMember 2023-04-01 0000216228 itt:SvanehojMember 2024-01-19 2024-01-19 itt:Segment 0000216228 itt:MotionTechnologiesMember 2024-01-01 2024-03-30 0000216228 itt:MotionTechnologiesMember 2023-01-01 2023-04-01 0000216228 itt:IndustrialProcessMember 2024-01-01 2024-03-30 0000216228 itt:IndustrialProcessMember 2023-01-01 2023-04-01 0000216228 itt:ConnectControlTechnologiesMember 2024-01-01 2024-03-30 0000216228 itt:ConnectControlTechnologiesMember 2023-01-01 2023-04-01 0000216228 itt:SegmentResultsMember 2024-01-01 2024-03-30 0000216228 itt:SegmentResultsMember 2023-01-01 2023-04-01 0000216228 itt:SegmentEliminationsMember 2024-01-01 2024-03-30 0000216228 itt:SegmentEliminationsMember 2023-01-01 2023-04-01 0000216228 us-gaap:OperatingSegmentsMember 2024-01-01 2024-03-30 0000216228 us-gaap:OperatingSegmentsMember 2023-01-01 2023-04-01 0000216228 itt:AggregateEliminationsCorpAndOtherMember 2024-01-01 2024-03-30 0000216228 itt:AggregateEliminationsCorpAndOtherMember 2023-01-01 2023-04-01 xbrli:pure 0000216228 itt:MotionTechnologiesMember 2024-03-30 0000216228 itt:MotionTechnologiesMember 2023-12-31 0000216228 itt:IndustrialProcessMember 2024-03-30 0000216228 itt:IndustrialProcessMember 2023-12-31 0000216228 itt:ConnectContr

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