Itt Inc Stock Gross Profit

ITT Stock  USD 155.60  3.11  1.96%   
ITT Inc fundamentals help investors to digest information that contributes to ITT's financial success or failures. It also enables traders to predict the movement of ITT Stock. The fundamental analysis module provides a way to measure ITT's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ITT stock.
Last ReportedProjected for Next Year
Gross Profit1.1 B1.2 B
Gross Profit Margin 0.34  0.24 
Gross Profit is likely to gain to about 1.2 B in 2024, whereas Gross Profit Margin is likely to drop 0.24 in 2024.
  
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ITT Inc Company Gross Profit Analysis

ITT's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current ITT Gross Profit

    
  922.3 M  
Most of ITT's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ITT Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ITT Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for ITT is extremely important. It helps to project a fair market value of ITT Stock properly, considering its historical fundamentals such as Gross Profit. Since ITT's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ITT's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ITT's interrelated accounts and indicators.
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ITT Gross Profit Historical Pattern

Today, most investors in ITT Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ITT's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ITT gross profit as a starting point in their analysis.
   ITT Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, ITT Inc reported 922.3 M of gross profit. This is 77.22% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The gross profit for all United States stocks is 96.63% higher than that of the company.

ITT Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ITT's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ITT could also be used in its relative valuation, which is a method of valuing ITT by comparing valuation metrics of similar companies.
ITT is currently under evaluation in gross profit category among its peers.

ITT ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ITT's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ITT's managers, analysts, and investors.
Environmental
Governance
Social

ITT Fundamentals

About ITT Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ITT Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ITT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ITT Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for ITT Stock Analysis

When running ITT's price analysis, check to measure ITT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ITT is operating at the current time. Most of ITT's value examination focuses on studying past and present price action to predict the probability of ITT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITT's price. Additionally, you may evaluate how the addition of ITT to your portfolios can decrease your overall portfolio volatility.