ITT Inc (ITT)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 325,100 | 308,600 | 300,900 | 303,800 |
| Revenue (ttm) | US$ in thousands | 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 | 2,846,400 | 2,805,700 | 2,774,400 | 2,751,300 |
| Net profit margin | 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% | 11.42% | 11.00% | 10.85% | 11.04% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $410,500K ÷ $3,283,000K
= 12.50%
The net profit margin of ITT Inc has shown a generally positive trend over the past eight quarters. The net profit margin has been relatively stable, ranging from a low of 10.92% in Q1 2022 to a high of 13.47% in Q2 2023. This indicates that ITT Inc has been able to effectively control its costs and generate strong profits relative to its revenue during this period. The upward trend in net profit margin reflects the company's ability to efficiently manage its operations and maintain profitability. Overall, the consistent and relatively high net profit margins demonstrate ITT Inc's solid financial performance and operational efficiency.
Peer comparison
Dec 31, 2023