ITT (ITT) Financials

ITT Inc (ITT) is a global manufacturer of highly engineered critical components and customized technology solutions for diverse industries such as aerospace, energy, transportation, and industrial. The company's financial performance is a key indicator of its overall health and stability. The income statement provides a snapshot of the company's revenues, expenses, and profitability. It shows the revenue generated from the sale of goods and services and deducts the cost of goods sold to arrive at the gross profit. Operating expenses such as research and development, selling and administrative costs, and depreciation are then subtracted to determine the operating income or EBIT (earnings before interest and taxes).

EBITDA (earnings before interest, taxes, depreciation, and amortization) is a measure that further adds back non-cash expenses like depreciation and amortization to EBIT. It is often used to analyze a company's operating profitability and cash flow generation capacity. The net income from stockholders is the remaining profit available to common stockholders after deducting interest expenses, taxes, and preferred stock dividends. The total revenue represents the sum of all sales and other operating revenues of the company.

The balance sheet provides a snapshot of the company's financial position at a specific point in time. It lists the company's assets, including cash equivalents, which are highly liquid investments that can be easily converted into cash. Net debt is the difference between a company's total debt and its cash and cash equivalents. Stockholders' equity represents the ownership interest of shareholders in the company.

Total assets represent the sum of a company's current and non-current assets. Total debt includes both short-term and long-term liabilities, such as bank loans, bonds, and other borrowings. Total liabilities represent the company's obligations that need to be fulfilled in the future. Cash flow measures the cash generated or used by a company during a specific period. It includes three main components: operating cash flow, investing cash flow, and financing cash flow.

Operating cash flow represents the cash generated from the company's core operations, such as sales of goods and services. Investing cash flow includes cash flows related to investments in long-term assets, such as property, plant, and equipment. Financing cash flow reflects the cash flows resulting from changes in the company's capital structure, such as issuing or repurchasing shares and repaying or taking on debt. Free cash flow is a measure that represents the cash available to the company after deducting capital expenditures necessary to maintain and expand its asset base.