ITT Inc. (ITT) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-46.5%

$109.08

vs $204.08 price

Levered DCF

$85.43

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

2.81

Grey zone

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	28.21×	22.54×	23.91×	18.43×	27.77×	91.69×	19.92×	12.67×
P/B	3.37×	4.23×	3.88×	3.01×	3.95×	3.14×	3.12×	2.32×
P/S	3.5×	3.22×	2.99×	2.26×	3.18×	2.69×	2.28×	1.54×
EV / EBITDA	15.38×	14.61×	14.84×	11.62×	16.17×	13.91×	12.89×	7.56×
Gross margin	35.4%	34.4%	33.7%	30.9%	32.5%	31.6%	32.0%	32.3%
Operating margin	17.4%	18.6%	16.1%	15.7%	18.2%	9.1%	14.5%	14.5%
Net margin	12.4%	14.3%	12.5%	12.3%	11.4%	2.9%	11.4%	12.2%
Current ratio	2.58×	1.4×	1.79×	1.55×	1.86×	2.2×	2.04×	1.89×
Debt / equity	0.23×	0.27×	0.11×	0.24×	0.13×	0.1×	0.09×	0.06×
Interest coverage	14.23×	18.47×	27.51×	42.94×	0×	0×	0×	794.6×
Dividend yield	0.8%	0.9%	1.0%	1.3%	0.9%	0.9%	0.8%	1.1%
Payout ratio	22.7%	20.2%	23.3%	24.0%	24.0%	81.4%	16.0%	14.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	11.9%	18.8%	16.2%	16.3%	14.2%	3.4%	15.7%	18.3%
Return on invested capital	9.7%	14.2%	13.6%	12.3%	11.1%	5.3%	9.6%	11.0%
Return on assets	7.7%	11.0%	10.4%	9.7%	8.9%	1.7%	7.9%	8.7%
Free cash flow yield	4.0%	3.7%	4.4%	2.6%	-1.1%	5.6%	4.1%	6.4%
Earnings yield	3.5%	4.4%	4.2%	5.4%	3.6%	1.1%	5.0%	7.9%
Enterprise value	$13B	$12B	$9.6B	$6.7B	$8.4B	$6B	$6.1B	$3.8B
Net debt / EBITDA	-0.97×	0.39×	-0.31×	-0.04×	-0.68×	-1.49×	-0.89×	-0.89×
Cash conversion cycle (days)	104	94	101	104	87	89	88	83