ITT Inc (ITT)

Net profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 518,300 410,500 367,000 316,300 72,500
Revenue US$ in thousands 3,630,700 3,283,000 2,987,700 2,765,000 2,477,800
Net profit margin 14.28% 12.50% 12.28% 11.44% 2.93%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $518,300K ÷ $3,630,700K
= 14.28%

ITT Inc's net profit margin has shown a positive trend over the years, increasing from 2.93% in December 2020 to 14.28% in December 2024. This signifies the company's ability to efficiently convert revenue into profit, reflecting improvements in cost management and operational efficiency. The consistent growth in net profit margin indicates that ITT Inc has been effectively controlling its expenses and generating higher profitability from its operations. This trend is generally seen as a positive indicator of the company's overall financial health and performance.