ITT Inc (ITT)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 518,300 482,800 432,500 421,500 410,500 434,200 425,800 392,200 367,000 355,400 340,500 304,900 316,300 199,200 64,900 73,900 72,500 154,400 319,800 338,600
Revenue (ttm) US$ in thousands 3,630,700 3,530,800 3,467,700 3,395,700 3,283,000 3,228,500 3,160,000 3,059,400 2,987,700 2,898,500 2,834,500 2,792,800 2,765,000 2,788,200 2,689,800 2,512,900 2,477,800 2,488,300 2,609,000 2,814,200
Net profit margin 14.28% 13.67% 12.47% 12.41% 12.50% 13.45% 13.47% 12.82% 12.28% 12.26% 12.01% 10.92% 11.44% 7.14% 2.41% 2.94% 2.93% 6.21% 12.26% 12.03%

December 31, 2024 calculation

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

ITT Inc's net profit margin has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The margin started at a healthy 12.03% in March 2020 and reached a peak of 14.28% in December 2024. There were periods of decline in the net profit margin, such as in September and December of 2020 when the margin dropped to 6.21% and 2.93% respectively.

The trend improved gradually over the next few quarters, with fluctuations along the way. Notably, the net profit margin consistently improved from September 2021 onwards, reaching double digits by December 2022. There was a peak in net profit margin of 14.28% by December 2024, indicating strong profitability for the company.

Overall, ITT Inc has demonstrated the ability to maintain and increase its net profit margin over the analyzed period, with some fluctuations but generally positive trends in profitability.