ITT Inc (ITT)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 644,100 610,600 552,400 539,000 515,300 546,000 524,100 483,900 458,100 422,200 405,000 489,300 505,900 416,800 252,200 89,200 87,800 151,600 367,300 433,500
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
Pretax margin 17.74% 17.29% 15.93% 15.87% 15.70% 16.91% 16.59% 15.82% 15.33% 14.57% 14.29% 17.52% 18.30% 14.95% 9.38% 3.55% 3.54% 6.09% 14.08% 15.40%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $644,100K ÷ $3,630,700K
= 17.74%

ITT Inc's pretax margin has shown some fluctuations over the past few years, ranging from a low of 3.54% in December 2020 to a high of 18.30% in December 2021. The company experienced a significant dip in pretax margin in the second half of 2020 and the first quarter of 2021, but it began to recover in the following quarters. Overall, ITT Inc's pretax margin has been relatively stable and has generally trended upwards, reaching 17.74% by the end of December 2024. This indicates that the company has been able to effectively manage its operating expenses and generate profits before accounting for taxes.