Record Orders and Revenue Growth
ITT delivered $1 billion in orders, up 16% total and 13% organic. The company also generated record quarterly revenue of more than $970 million, up 7% total and 4% organic.
Operating Margin Expansion
Operating income grew more than twice the organic sales growth rate, and operating margin expanded over 100 basis points excluding M&A.
Strong Performance in Industrial Process
The Industrial Process segment grew 22% driven by strength in Goulds Pumps and Svanehøj, with Svanehøj orders exceeding their full year 2024 revenue in the first half of 2025.
Connect & Control Growth
Connect & Control grew 9% organically, driven by defense and commercial aerospace awards, and total orders increased by 36%.
Motion Technologies' Outperformance
Motion Technologies’ Friction OE grew 7% organically, outperforming global auto production by over 500 basis points.
Increased Free Cash Flow and Share Repurchase
ITT grew free cash flow to $214 million year-to-date and repurchased $500 million of ITT shares, lowering the weighted average share count by 3%.
Raised Full Year EPS Outlook
ITT raised its full year adjusted EPS outlook to $6.45 at the midpoint, indicating 10% growth versus the prior year.