“Financing Activities The increase in net cash provided by financing activities of $2,429.0, was primarily driven by $2,119.5 of increased long-term debt issuances, net of debt costs, primarily associated with the acquisition of SPX FLOW, a $531.9 increase in…”10-Q · Aug 6, 2026 ↗
ITT Inc.
ITT
Market read
ITT Inc.'s move is being confirmed by its market group.
ITT accounts for 38.3% of the group's measured movement across 5.1 effective names. all 10 measured members are rising in raw terms, but 6 of 10 SPY-adjusted paths align to the upside. Capital-flow agreement is 19%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Is this move genuinely shared?
APG, CAT, VRT moved materially before ITT. ITT crossed its material path threshold at 13:30 ET, 140 minutes after the first measured mover. JCI, KEX, HUBB followed.
- Revenue increased 51.5% versus the comparable filing period.
- Operating margin fell 5.8 percentage points.
5 of 10 members in Industrial Infrastructure are active. No disclosed relationship network is available for this name; the confirmation read above is market-derived.
- At least 7 of 10 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as ENS begins moving with the group.
Invalidation: The live read weakens if participation falls to 3 of 10 members or fewer.
Research brief
The story so far
ITT accounts for 38.3% of the group's measured movement across 5.1 effective names. all 10 measured members are rising in raw terms, but 6 of 10 SPY-adjusted paths align to the upside. Capital-flow agreement is 19%, so confirmation is not yet clean. No verified headline preceded the measured group move.
- Revenue increased 51.5% versus the comparable filing period.
- Operating margin fell 5.8 percentage points.
- Net income decreased 29.8% versus the comparable filing period.
- Gross margin fell 1.4 percentage points.
- At least 7 of 10 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as ENS begins moving with the group.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +8.5% year over year.
- Credit and interest rates has repeated favorable evidence across 4 filings.
- Demand and volume has repeated favorable evidence across 4 filings.
- Foreign exchange has repeated favorable evidence across 4 filings.
- Pricing and mix has repeated favorable evidence across 4 filings.
- Macroeconomic conditions has repeated favorable evidence across 3 filings.
- Supply chain and availability has repeated favorable evidence across 3 filings.
- Operating margin changed -1.3 percentage points in the latest annual period.
- Net margin changed -1.9 percentage points in the latest annual period.
- Input and raw-material costs has repeated adverse evidence across 3 filings.
- Product pipeline and R&D has repeated adverse evidence across 3 filings.
- P/E is 20% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 20% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
204.11Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Organic revenue grew 17.3% and 17.4% for the three and six month periods, respectively, driven by strong demand across the aerospace and defense markets.”10-Q · Aug 6, 2026 ↗
“For the Six Months Ended July 4, 2026 June 28, 2025 Operating activities $ 231.1 $ 267.1 Investing activities (3,598.0) (57.0) Financing activities 2,220.4 (208.6) Foreign exchange (4.7) 27.5 Total net cash from continuing operations $ (1,151.2) $ 29.0 Operat…”10-Q · Aug 6, 2026 ↗
“CCT operating income for the three and six months ended July 4, 2026 increased $15.9, or 35.4%, and $29.2, or 36.1%, respectively, primarily driven by benefits from higher sales volume, pricing actions, and net savings from productivity initiatives.”10-Q · Aug 6, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 4.1× · EV/sales 3.8×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for ITT. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment
The latest filing presents a mixed picture
10-Q filed 2026-08-06 against the comparable filing from 2025-07-31.
Capital and cash conversion
Reported investment and cash context
- Capital spending YoY
- +3.8%
- Capital spending / revenue
- +2.1%
- Stock compensation / revenue
- +0.8%
- Inventory intensity change
- -4.5 pts
Capex, revenue, and operating cash flow are matched to the same reported duration. Reported accounting context, not a forecast or trading recommendation.
What improved
- Revenue increased 51.5% versus the comparable filing period.
What weakened
- Operating margin fell 5.8 percentage points.
- Net income decreased 29.8% versus the comparable filing period.
- Gross margin fell 1.4 percentage points.
Filing receipts
“The increase in gross profit for both periods was primarily driven by the acquisition of SPX FLOW, volume leverage, benefits from pricing actions, net savings from productivity and sourcing initiatives, and favorable foreign currency translations, partially offset by unfavorable sales mix and higher material and labor costs.”
“MT operating income for the three and six months ended July 4, 2026 increased $10.9, or 15.3%, and $26.8, or 19.3%, respectively, primarily due to higher sales volume, net savings from productivity initiatives, and a favorable impact from foreign currency fluctuations, which was partially offset by competitive pricing dynamics.”
“G&A expense increased $127.3, or 74.6%, for the six months ended July 4, 2026, primarily due to four months of SPX FLOW G&A costs, acquisition-related transaction and integration costs, increased personnel-related costs, and higher restructuring, environmental, and bad debt expenses.”
Historical filing backfill generated after the original filing window. It is not part of Jodie's live track record.
Business ecosystem
The relationships behind ITT
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
ITT is currently a Participant in the organic co-movement group Industrial Infrastructure. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.