ITT Inc.: Expanding Capabilities and Driving Market Appeal

ITT Inc. has demonstrated steady performance over FY 21-24 with a revenue CAGR of 9.5% and EBIT CAGR of 13.3%. The company acquired KOHO Kompressorsysteme, expanding its capabilities in reciprocating compressors for hydrogen, hydrocarbons, and gas applications. ITT's stock delivered decent returns of 16.7% over the past year and is trading at a P/E of 28.9x. Analysts project EBIT CAGR of 10.7% and net income CAGR of 9.1% over FY 24-27.