Latest Ratios: P/E Ratio 31.1x · EV/EBITDA 19.5x · ROE 14.2%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $17.0B | $13.9B | $11.8B | $9.9B | $6.8B | $8.8B | $6.7B | $6.5B | $4.3B | $4.7B | $3.5B |
| Enterprise Value | $16.2B | $13.0B | $12.1B | $9.7B | $6.8B | $8.5B | $6.1B | $6.1B | $3.8B | $4.5B | $3.2B |
| P/E Ratio → | 31.11 | 28.40 | 22.68 | 24.06 | 18.52 | 27.92 | 92.80 | 20.14 | 12.84 | 41.70 | 18.63 |
| P/S Ratio | 4.31 | 3.52 | 3.24 | 3.01 | 2.27 | 3.20 | 2.71 | 2.30 | 1.56 | 1.84 | 1.44 |
| P/B Ratio | 3.71 | 3.39 | 4.25 | 3.89 | 3.01 | 3.96 | 3.16 | 3.15 | 2.35 | 2.97 | 2.43 |
| P/FCF | 31.04 | 25.32 | 26.83 | 22.94 | 39.03 | — | 18.02 | 24.51 | 15.74 | 36.07 | 24.54 |
| P/OCF | 25.41 | 20.73 | 20.90 | 18.35 | 24.44 | — | 15.39 | 18.26 | 11.65 | 19.39 | 13.72 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.31 | 3.33 | 2.94 | 2.26 | 3.07 | 2.45 | 2.15 | 1.40 | 1.75 | 1.34 |
| EV / EBITDA | 19.54 | 15.76 | 14.85 | 15.16 | 11.75 | 13.74 | 17.94 | 11.68 | 7.57 | 10.65 | 8.51 |
| EV / EBIT | 23.63 | 18.65 | 17.65 | 17.94 | 14.31 | 20.77 | 18.91 | 17.17 | 9.80 | 14.17 | 11.68 |
| EV / FCF | — | 23.83 | 27.56 | 22.47 | 38.89 | — | 16.28 | 22.95 | 14.10 | 34.35 | 22.80 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.4% | 35.4% | 34.4% | 33.7% | 30.9% | 32.5% | 31.6% | 32.0% | 32.3% | 31.6% | 31.5% |
| Operating Margin | 17.4% | 17.4% | 18.6% | 16.1% | 15.7% | 18.2% | 9.1% | 14.5% | 14.5% | 12.4% | 11.5% |
| Net Profit Margin | 12.4% | 12.4% | 14.3% | 12.5% | 12.3% | 11.4% | 2.9% | 11.4% | 12.2% | 4.4% | 7.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.2% | 14.2% | 19.5% | 17.1% | 16.4% | 14.5% | 3.4% | 16.7% | 19.5% | 7.5% | 13.3% |
| ROA | 8.9% | 8.9% | 12.0% | 10.6% | 10.0% | 8.1% | 1.7% | 8.2% | 8.8% | 3.1% | 5.1% |
| ROIC | 16.1% | 16.1% | 18.7% | 17.3% | 17.1% | 22.5% | 10.8% | 20.3% | 21.7% | 18.8% | 17.5% |
| ROCE | 16.3% | 16.3% | 21.6% | 19.2% | 17.9% | 16.7% | 6.8% | 13.2% | 13.8% | 11.5% | 10.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.23 | 0.23 | 0.27 | 0.11 | 0.24 | 0.13 | 0.10 | 0.09 | 0.06 | 0.10 | 0.15 |
| Debt / EBITDA | 1.12 | 1.12 | 0.93 | 0.45 | 0.93 | 0.47 | 0.63 | 0.37 | 0.23 | 0.39 | 0.57 |
| Net Debt / Equity | — | -0.20 | 0.11 | -0.08 | -0.01 | -0.16 | -0.30 | -0.20 | -0.24 | -0.14 | -0.17 |
| Net Debt / EBITDA | -0.99 | -0.99 | 0.39 | -0.32 | -0.04 | -0.58 | -1.91 | -0.79 | -0.88 | -0.53 | -0.65 |
| Debt / FCF | — | -1.49 | 0.72 | -0.47 | -0.14 | — | -1.74 | -1.56 | -1.64 | -1.72 | -1.74 |
| Interest Coverage | 14.54 | 14.54 | 18.69 | 28.06 | 43.37 | — | — | — | 783.00 | 32.25 | — |
Net cash position: cash ($1.7B) exceeds total debt ($927M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.58 | 2.58 | 1.40 | 1.79 | 1.55 | 1.86 | 2.20 | 2.04 | 1.89 | 1.64 | 1.62 |
| Quick Ratio | 2.07 | 2.07 | 0.96 | 1.24 | 1.10 | 1.39 | 1.79 | 1.58 | 1.45 | 1.30 | 1.28 |
| Cash Ratio | 1.34 | 1.34 | 0.33 | 0.47 | 0.47 | 0.70 | 0.99 | 0.72 | 0.64 | 0.43 | 0.53 |
| Asset Turnover | — | 0.62 | 0.77 | 0.83 | 0.79 | 0.78 | 0.58 | 0.69 | 0.71 | 0.70 | 0.67 |
| Inventory Turnover | 3.79 | 3.79 | 4.03 | 3.78 | 3.87 | 4.33 | 4.70 | 4.93 | 4.88 | 5.67 | 5.58 |
| Days Sales Outstanding | — | 74.79 | 74.13 | 77.94 | 80.03 | 76.00 | 77.57 | 76.48 | 74.70 | 88.89 | 79.50 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.7% | 0.8% | 0.9% | 1.0% | 1.3% | 0.9% | 0.9% | 0.8% | 1.1% | 1.0% | 1.3% |
| Payout Ratio | 22.7% | 22.7% | 20.2% | 23.3% | 24.0% | 24.0% | 81.4% | 16.0% | 14.2% | 40.0% | 24.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.2% | 3.5% | 4.4% | 4.2% | 5.4% | 3.6% | 1.1% | 5.0% | 7.8% | 2.4% | 5.4% |
| FCF Yield | 3.2% | 3.9% | 3.7% | 4.4% | 2.6% | — | 5.6% | 4.1% | 6.4% | 2.8% | 4.1% |
| Buyback Yield | 3.1% | 3.8% | 0.9% | 0.6% | 3.6% | 1.3% | 1.3% | 0.6% | 1.3% | 0.7% | 2.2% |
| Total Shareholder Yield | 3.8% | 4.6% | 1.8% | 1.6% | 4.9% | 2.2% | 2.1% | 1.4% | 2.4% | 1.6% | 3.5% |
| Shares Outstanding | — | $80M | $82M | $83M | $84M | $87M | $87M | $89M | $89M | $89M | $90M |
Acquisition integration and goodwill
Based on current market data, ITT trades at a forward P/E of 24.64, which suggests that investors are pricing in significant long-term growth durability that exceeds the typical cyclical profile of industrial machinery peers, despite the recent compression in quarterly earnings quality observed in 2026Q1 filings.
The current valuation premium relative to historical averages appears to hinge on the market's perception of ITT as a high-quality multi-industrial rather than a pure-play automotive supplier. While the PEG ratio of 0.64 indicates potential undervaluation relative to growth, this metric may be overly optimistic if the recent acquisition-driven revenue surge fails to translate into sustained margin expansion.
According to recent financial statements, ITT's ROIC has trended downward to 2.7% in 2026Q1, a significant departure from historical levels, which indicates that the recent aggressive inorganic growth strategy is currently failing to generate returns that exceed the company's cost of capital in the near term.
The decline in ROIC suggests that the substantial increase in the asset base, particularly the ballooning goodwill, is creating a drag on capital efficiency. Investors should monitor whether management can successfully integrate these new assets to restore returns on invested capital to the mid-single-digit levels observed in previous fiscal years.
As reported in quarterly filings, ITT's cash conversion cycle reached 104 days in 2026Q1, reflecting persistent inefficiencies in inventory management and receivables collection that have remained largely stagnant despite the company's efforts to optimize its operational footprint across its three primary business segments.
The elevated CCC, driven by a 99-day inventory turnover period, suggests that the company is carrying significant working capital burdens that constrain free cash flow generation. This inefficiency warrants further investigation, as it may indicate that the recent acquisition of Svanehøj and other assets is complicating the company's lean manufacturing objectives.
Based on an analysis of ITT's business model, the P/E ratio is frequently misapplied by market participants, as it fails to account for the lumpy revenue recognition inherent in the Industrial Process segment's project-based accounting and the significant non-operating impact of legacy asbestos-related liabilities on net income.
Investors should prioritize EV/EBITDA or free cash flow yield over P/E to better assess the underlying operational health of the business. Relying on P/E obscures the true cash-generating capability of the firm, particularly during periods of heavy acquisition activity where accounting earnings are distorted by amortization and non-recurring integration costs.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying ITT stock.
ITT Inc.'s current P/E ratio is 31.1x. The historical average is 14.1x. This places it at the 93th percentile of its historical range.
ITT Inc.'s current EV/EBITDA is 19.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.3x.
ITT Inc.'s return on equity (ROE) is 14.2%. The historical average is 23.2%.
Based on historical data, ITT Inc. is trading at a P/E of 31.1x. This is at the 93th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
ITT Inc.'s current dividend yield is 0.73% with a payout ratio of 22.7%.
ITT Inc. has 35.4% gross margin and 17.4% operating margin. Operating margin between 10-20% is typical for established companies.
ITT Inc.'s Debt/EBITDA ratio is 1.1x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.