ITT Inc (ITT)

Return on equity (ROE)

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
Total stockholders’ equity US$ in thousands 2,762,600 2,528,200 2,248,100 2,225,800 2,126,400
ROE 18.76% 16.24% 16.32% 14.21% 3.41%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $518,300K ÷ $2,762,600K
= 18.76%

ITT Inc's return on equity (ROE) has shown a favorable trend over the years, with a significant improvement from 3.41% in December 2020 to 18.76% in December 2024. This indicates that the company has been effectively utilizing shareholders' equity to generate profits. The consistent increase in ROE reflects improved efficiency and profitability in the company's operations. The steady growth in ROE suggests that the management has been successful in enhancing the company's financial performance and creating value for its shareholders. Overall, ITT Inc's ROE trend demonstrates positive financial health and effective management of shareholder resources.