ITT Inc (ITT)

Return on equity (ROE)

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
Total stockholders’ equity US$ in thousands 2,762,600 2,749,200 2,576,600 2,574,700 2,528,200 2,409,100 2,346,900 2,299,200 2,248,100 2,057,000 2,008,300 2,084,900 2,225,800 2,143,000 2,138,200 2,106,100 2,126,400 2,020,900 2,051,800 2,012,400
ROE 18.76% 17.56% 16.79% 16.37% 16.24% 18.02% 18.14% 17.06% 16.32% 17.28% 16.95% 14.62% 14.21% 9.30% 3.04% 3.51% 3.41% 7.64% 15.59% 16.83%

December 31, 2024 calculation

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

ITT Inc's return on equity (ROE) has shown significant fluctuations over the past few years, ranging from as high as 18.76% in December 2024 to as low as 3.04% in June 2021.

The ROE increased steadily from 16.83% in March 2020 to a peak of 18.76% in December 2024, indicating effective utilization of shareholder equity to generate profits.

However, there were periods of decline in the ROE, such as the significant drop from 15.59% in June 2020 to 3.41% in December 2020. This decline may be indicative of challenges in maintaining profitability or managing assets efficiently during that period.

Overall, ITT Inc's ROE has shown resilience and improvement in recent quarters, with the most recent data points exceeding 16%. This suggests that the company has been able to generate healthy returns relative to shareholder equity, indicating strong performance and effective utilization of resources.