How did ITT's revenue and expenses trend in Q4 2024?


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ITT's revenue and expenses in Q4 2024 showed a diversified business performance with varying segments contributing to the overall financial outcome.
- Revenue Trend:
- ITT's total revenue for Q4 2024 was $1.45 billion1.
- The company's revenue was distributed across segments, with Motion Technologies contributing $1.45 billion, Industrial Process with $1.36 billion, and Control Technologies with $825.1 million and $584.1 million respectively1.
- The segment basis for these figures indicates a strong performance in the Motion Technologies and Industrial Process areas.
ITT Revenue By Business
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- Expense Trend:
- ITT's net income for Q4 2024 was $127.6 million2.
- To determine the expenses, we can infer that the net income is the total revenue minus the total expenses.
- The net income indicates that ITT managed to generate a profit of $127.6 million during the quarter, which suggests that the company's expenses were effectively managed to achieve this financial outcome.
ITT Net Income YoY, Net Income
In conclusion, ITT's revenue in Q4 2024 was robust, with significant contributions from its Motion Technologies and Industrial Process segments. The company's ability to generate a net income of $127.6 million during the same period highlights effective expense management, resulting in a strong financial performance.
Source:
1.
ITT Revenue by Business in Q4 2024
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