Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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ITT Inc.ITT · manufacturing
GradeBullAstrongest fifth of 255 graded peers; percentile 2.8, sampling error 3.0 points; lower is stronger
Rank8 of 255
ProfitabilityBpercentile 36.8
SolvencyA/Bpercentile 21.1
Growth and financingBpercentile 28.1
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $6.3B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone active · fortress balance sheetnot computable: distress
Inputs computable12 of 14
Graded fromfilings received through Feb 9, 2026242 days before the rescan; every figure keyed to the SEC receipt date
Last close$198.732026-10-08; market equity $17.8B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$200NovDecJanFebMarAprMayJunJulAugSepOctA/BA$198.70
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/aQ5
Mar 21, 2013D/E79.6Q5
Feb 21, 2014C56.0Q5
Mar 21, 2014C/D61.2Q5
Dec 21, 2014D65.3Q5
Feb 21, 2015B27.3Q5
Feb 21, 2016A/B21.0Q5
Mar 21, 2016C56.2Q5
Mar 21, 2019A/B23.0Q5
Sep 21, 2019B25.4Q5
Dec 21, 2019A/B22.1Q5
Apr 21, 2020A16.5Q5
May 21, 2020A/B17.9Q5
Feb 21, 2021A16.7Q5
Mar 21, 2021A/B18.1Q5
Jun 21, 2021A16.0Q5
Sep 21, 2021A/B17.0Q5
Nov 21, 2021A16.3Q5
Feb 21, 2022B35.6Q5
Nov 21, 2023B/C37.8Q5
Feb 21, 2024A16.2Q5
Mar 21, 2024A/B19.0Q5
Feb 21, 2025B24.6Q5
Mar 21, 2025A/B21.3Q5
Feb 21, 2026A6.7Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Feb 9, 2026; the document on sec.gov.

(Amounts reported in this Annual Report on Form 10-K, except per share amounts, are stated in millions unless otherwise specified. References herein to "ITT," the "Company," and such words as "we," "us," and "our" include ITT Inc. and its subsidiaries on a consolidated basis, unless the context otherwise indicates.) ITT is a diversified manufacturer of highly engineered critical components and customized technology solutions primarily for the transportation, industrial and energy markets. We manufacture components that are integral to the operation of equipment, systems and manufacturing processes in these key markets.

Warnings [top]

Fortress balance sheet. cash minus debt is 1,221,400,000 USD; Altman Z is not used[3-4]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 36.8
Gross profitability22.1%[1,5]21.9%46.42752025-12-31
Return on invested capital19.0%[3-4,6-12]9.7%19.21002025-12-31
Accruals ratio(3.3%)[1,13-15](3.6%)52.83082025-12-31
Gross margin stability, five years1.6 pts[2,5,16-23]2.1 pts28.92292025-12-31
Solvency, sleeve percentile 21.1
Twelve-month failure probabilitynot computable0.04%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-prime6.34[1,6,9,24-27]3.6620.22442025-12-31
Net debt to EBITDA(1.48x)[3-4,6,28]1.78x4.21212025-12-31
Interest coveragenot computable5.09x
latest aligned inputs end 2014-12-31; latest annual assets end 2025-12-31
Current ratio2.58x[24-25]2.25x38.93252025-12-31
Growth and financing, sleeve percentile 28.1
Revenue growth, three-year compound9.6%[2,17,19,21]2.1%23.12692025-12-31
Free cash flow growth, three-year compound46.6%[14,29-35]13.9%13.01392025-12-31
Reinvestment rate287.0%[6-8,24-25,28-29,36-37]26.4%5.81392025-12-31
Asset growth, three years18.6%[1,15,38-39]4.4%12.62792025-12-31
Net share issuance, one year5.7%[40-41]0.01%86.02432026-02-06

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.472; sampling error 3.0 percentile points on 255 peers.

Among 255 Peers [top]

ABCDELRCX, LAM Research Corp.; A, percentile 8.3; market equity $401.2B; warnings: fortress balance sheetLRCXPH, Parker-Hannifin Corp.; B, percentile 36.6; market equity $119.4BPHCAT, Caterpillar Inc.; C, percentile 51.2; market equity $366.0BCATGLW, Corning Inc.; C/D, percentile 60.2; market equity $131.6BGLWETN, Eaton Corp. plc; D, percentile 69.7; market equity $164.9BETNRTX, RTX Corp.; D, percentile 74.8; market equity $248.4BRTXITT 2.8strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
3Xpel, Inc. (XPEL)

Xpel, Inc. (XPEL)

Astrongest fifth; percentile 0.8

Nasdaq · Coating, Engraving & Allied Services

market equity $1.2B; last close $44.92

Warnings: fortress balance sheet; 10 of 14 inputs

0.8Afortress balance sheet
4Cactus, Inc. (WHD)

Cactus, Inc. (WHD)

Astrongest fifth; percentile 1.2

NYSE · Oil & Gas Field Machinery & Equipment

last close $63.40

Warnings: fortress balance sheet; 8 of 14 inputs

1.2Afortress balance sheet
5Deckers Outdoor Corp. (DECK)

Deckers Outdoor Corp. (DECK)

Astrongest fifth; percentile 1.6

NYSE · Rubber & Plastics Footwear

market equity $11.3B; last close $82.58

No active warnings; 8 of 14 inputs

1.6A
6Proto Labs Inc. (PRLB)

Proto Labs Inc. (PRLB)

Astrongest fifth; percentile 2.0

NYSE · Fabricated Structural Metal Products

market equity $2.2B; last close $92.31

Warnings: fortress balance sheet; 11 of 14 inputs

2.0Afortress balance sheet
7Franklin Electric Co. Inc. (FELE)

Franklin Electric Co. Inc. (FELE)

Astrongest fifth; percentile 2.4

Nasdaq · Motors & Generators

market equity $4.3B; last close $96.86

No active warnings; 12 of 14 inputs

2.4A
8ITT Inc. (ITT)

ITT Inc. (ITT)

Astrongest fifth; percentile 2.8

NYSE · Pumps & Pumping Equipment

market equity $17.8B; last close $198.73

Warnings: fortress balance sheet; 12 of 14 inputs

2.8Afortress balance sheet
9Smith Midland Corp. (SMID)

Smith Midland Corp. (SMID)

Astrongest fifth; percentile 3.1

Nasdaq · Concrete Products, Except Block & Brick

market equity $117.8M; last close $22.52

Warnings: late filer; 10 of 14 inputs

3.1Alate filer
10Alamo Group Inc. (ALG)

Alamo Group Inc. (ALG)

Astrongest fifth; percentile 3.5

NYSE · Farm Machinery & Equipment

market equity $1.9B; last close $155.18

Warnings: fortress balance sheet; 11 of 14 inputs

3.5Afortress balance sheet
11Simpson Manufacturing Co., Inc. (SSD)

Simpson Manufacturing Co., Inc. (SSD)

Astrongest fifth; percentile 3.9

NYSE · Cutlery, Handtools & General Hardware

market equity $7.0B; last close $171.93

Warnings: fortress balance sheet; 13 of 14 inputs

3.9Afortress balance sheet
12ACM Research, Inc. (ACMR)

ACM Research, Inc. (ACMR)

Astrongest fifth; percentile 4.3

Nasdaq · Special Industry Machinery, NEC

last close $70.74

Warnings: fortress balance sheet; 10 of 14 inputs

4.3Afortress balance sheet
13Graco Inc. (GGG)

Graco Inc. (GGG)

Astrongest fifth; percentile 4.7

NYSE · Pumps & Pumping Equipment

market equity $12.7B; last close $78.37

No active warnings; 9 of 14 inputs

4.7A
Peer policyLetterPercentilePeers
all graded filers, equal sleevesA5.82204
sector peers, equal sleeves (the grade)A2.8255
same exchange, equal sleevesA4.1984
sector peers, equal inputsA3.9255

Each letter is one fifth of the 255 graded peers, about 51 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month12.5%13.7%49hotter than 49 of 100 peers
Distance from 52-week high(10.4%)(24.3%)86closer to its high than 86 of 100 peers
EBIT to enterprise value3.4%4.1%42pricier than 58 of 100 peers
Free cash flow yield3.1%3.4%45pricier than 55 of 100 peers
Book value to price0.270.3438pricier than 62 of 100 peers
Sales to price0.220.5420pricier than 80 of 100 peers
Composite equity issuance, five years(2.5%)(9.5%)61more equity-funded than 61 of 100 peers
Relative strength against the sector, log excess return(0.02)(0.00)49ahead of 49 of 100 peers

Inputs: market equity $17.8B; EBIT $684.5M; free cash flow $547.5M; book equity $4.8B; sales $3.9B; debt $2.9B; cash $590.8M[42].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 5 of 9, period end 2025-12-31
Return on assets above zero10.3%✓ pass[13,15]
Operating cash flow above zero$668.8M✓ pass[14]
Return on assets improved(2.9 pts)✗ fail[13,15,38,43]
Operating cash flow exceeds net income$180.8M✓ pass[13-14]
Long-term leverage fell4.1 pts✗ fail[1,15,38,44-45]
Current ratio improved116.9 pts✓ pass[24-25,36-37]
No new shares issued5.7%✗ fail[40-41]
Gross margin improved0.9 pts✓ pass[2,5,16-17]
Asset turnover improved(9.1 pts)✗ fail[2,15,17,38]
Cash, filings, liquidity
Cash and equivalents$590.8M[46]
Operating cash flow, four quarters$632.8M[14,46-50]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing64
10-Q received Aug 6, 2026
Median daily dollar volume$152.6M
63 sessions
Days since newest grade input242

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$6.3B2025-12-312026-02-0910-Kfiling · viewer · series
2revenueus-gaap:Revenues$3.9B2025-12-312026-02-0910-Kfiling · viewer · series
3cashus-gaap:CashAndCashEquivalentsAtCarryingValue$1.7B2025-12-312026-02-0910-Kfiling · viewer · series
4total debtus-gaap:LongTermDebtAndCapitalLeaseObligations$521.5M2025-12-312026-02-0910-Kfiling · viewer · series
5gross profitus-gaap:GrossProfit$1.4B2025-12-312026-02-0910-Kfiling · viewer · series
6operating incomeus-gaap:OperatingIncomeLoss$684.5M2025-12-312026-02-0910-Kfiling · viewer · series
7pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest$651.5M2025-12-312026-02-0910-Kfiling · viewer · series
8income taxus-gaap:IncomeTaxExpenseBenefit$160.1M2025-12-312026-02-0910-Kfiling · viewer · series
9book equityus-gaap:StockholdersEquity$4.1B2025-12-312026-02-0910-Kfiling · viewer · series
10total debtus-gaap:LongTermDebtAndCapitalLeaseObligations$232.6M2024-12-312026-02-0910-Kfiling · viewer · series
11book equityus-gaap:StockholdersEquity$2.8B2024-12-312026-02-0910-Kfiling · viewer · series
12cashus-gaap:CashAndCashEquivalentsAtCarryingValue$439.3M2024-12-312026-02-0910-Kfiling · viewer · series
13net incomeus-gaap:NetIncomeLoss$488.0M2025-12-312026-02-0910-Kfiling · viewer · series
14operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$668.8M2025-12-312026-02-0910-Kfiling · viewer · series
15assetsus-gaap:Assets$4.7B2024-12-312026-02-0910-Kfiling · viewer · series
16gross profitus-gaap:GrossProfit$1.2B2024-12-312026-02-0910-Kfiling · viewer · series
17revenueus-gaap:Revenues$3.6B2024-12-312026-02-0910-Kfiling · viewer · series
18gross profitus-gaap:GrossProfit$1.1B2023-12-312026-02-0910-Kfiling · viewer · series
19revenueus-gaap:Revenues$3.3B2023-12-312026-02-0910-Kfiling · viewer · series
20gross profitus-gaap:GrossProfit$922.3M2022-12-312025-02-1010-Kfiling · viewer · series
21revenueus-gaap:Revenues$3.0B2022-12-312025-02-1010-Kfiling · viewer · series
22gross profitus-gaap:GrossProfit$899.5M2021-12-312024-02-1210-Kfiling · viewer · series
23revenueus-gaap:Revenues$2.8B2021-12-312024-02-1210-Kfiling · viewer · series
24current assetsus-gaap:AssetsCurrent$3.4B2025-12-312026-02-0910-Kfiling · viewer · series
25current liabilitiesus-gaap:LiabilitiesCurrent$1.3B2025-12-312026-02-0910-Kfiling · viewer · series
26retained earningsus-gaap:RetainedEarningsAccumulatedDeficit$3.0B2025-12-312026-02-0910-Kfiling · viewer · series
27liabilitiesus-gaap:Liabilities$2.2B2025-12-312026-02-0910-Kfiling · viewer · series
28depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$143.2M2025-12-312026-02-0910-Kfiling · viewer · series
29capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$121.3M2025-12-312026-02-0910-Kfiling · viewer · series
30operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$562.6M2024-12-312026-02-0910-Kfiling · viewer · series
31capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$123.9M2024-12-312026-02-0910-Kfiling · viewer · series
32operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$538.0M2023-12-312026-02-0910-Kfiling · viewer · series
33capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$107.6M2023-12-312026-02-0910-Kfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$277.7M2022-12-312025-02-1010-Kfiling · viewer · series
35capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$103.9M2022-12-312025-02-1010-Kfiling · viewer · series
36current assetsus-gaap:AssetsCurrent$1.9B2024-12-312026-02-0910-Kfiling · viewer · series
37current liabilitiesus-gaap:LiabilitiesCurrent$1.3B2024-12-312026-02-0910-Kfiling · viewer · series
38assetsus-gaap:Assets$3.9B2023-12-312025-02-1010-Kfiling · viewer · series
39assetsus-gaap:Assets$3.8B2022-12-312024-02-1210-Kfiling · viewer · series
40shares outstandingdei:EntityCommonStockSharesOutstanding86,000,0002026-02-062026-02-0910-Kfiling · viewer · series
41shares outstandingdei:EntityCommonStockSharesOutstanding81,400,0002025-02-072025-02-1010-Kfiling · viewer · series
42shares outstandingdei:EntityCommonStockSharesOutstanding89,400,0002026-08-042026-08-0610-Qfiling · viewer · series
43net incomeus-gaap:NetIncomeLoss$519.9M2024-12-312026-02-0910-Kfiling · viewer · series
44long term debtus-gaap:LongTermDebtNoncurrent$521.5M2025-12-312026-02-0910-Kfiling · viewer · series
45long term debtus-gaap:LongTermDebtNoncurrent$232.6M2024-12-312026-02-0910-Kfiling · viewer · series
46cashus-gaap:CashAndCashEquivalentsAtCarryingValue$590.8M2026-07-042026-08-0610-Qfiling · viewer · series
47operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$231.1M2026-07-042026-08-0610-Qfiling · viewer · series
48operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$39.9M2026-04-042026-05-0610-Qfiling · viewer · series
49operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$441.0M2025-09-272025-10-2910-Qfiling · viewer · series
50operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$267.1M2025-06-282026-08-0610-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 2.8 is 17.2 points from the nearest band edge; sampling error is 3.0 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.