ITT Corporation ( (ITT) ) has released its Q1 earnings. Here is a breakdown of the information ITT Corporation presented to its investors.
ITT Corporation is a diversified manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation, and industrial markets. The company operates in the industrial sector, providing products and services that are essential to various industries, including motion technologies, industrial processes, and connect and control technologies.
In its first-quarter earnings report for 2025, ITT Corporation announced an earnings per share (EPS) of $1.33 and an adjusted EPS of $1.45, aligning with previous forecasts. The company reported a revenue of $913 million, driven by growth in defense connectors and rail, although offset by a decline in aerospace demand.
Key highlights from the report include a 7% growth in orders, with a significant contribution from acquisitions, surpassing $1 billion in orders for the quarter. The operating margin was reported at 16.5%, with an adjusted margin of 17.4%, reflecting productivity and pricing actions. The company also launched VIDAR, a new industrial motor, and repurchased $400 million of ITT shares.
ITT Corporation’s net cash from operating activities increased by 96% to $113 million, with free cash flow rising by 154% to $77 million. The company’s strategic focus on operational improvements and pricing actions contributed to a 2% increase in adjusted EPS compared to the previous year.
Looking ahead, ITT Corporation has updated its 2025 full-year guidance, expecting revenue growth of 2% to 4% and an operating margin of 17.5% to 18.4%. The company remains committed to strategic mergers and acquisitions while maintaining a robust financial position to support future growth initiatives.