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ITT Corp (NYSE:ITT)
Pretax Income
\$287 Mil (TTM As of Sep. 2016)

Pretax income is the income that a company earns before paying income taxes. ITT Corp's pretax income for the three months ended in Sep. 2016 was \$135 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2016 was \$287 Mil. ITT Corp's pretax margin was 23.12%.

During the past 13 years, ITT Corp's highest Pretax Margin was 15.38%. The lowest was -15.15%. And the median was 8.45%.

Definition

This is the income that a company earns before paying income taxes.

ITT Corp's Pretax Income for the fiscal year that ended in Dec. 2015 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 380.1 + 4.4 + 0 + 0 + -2.2 = 382

ITT Corp's Pretax Income for the quarter that ended in Sep. 2016 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 134.8 + 0 + 0 + 0 + -0.3 = 135

ITT Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2016 was 53.5 (Dec. 2015 ) + 49.3 (Mar. 2016 ) + 50 (Jun. 2016 ) + 134.5 (Sep. 2016 ) = \$287 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

ITT Corp's Pretax Margin for the quarter that ended in Sep. 2016 is calculated as

 Pretax Margin = Pretax Income / Revenue = 134.5 / 581.7 = 23.12%

During the past 13 years, ITT Corp's highest Pretax Margin was 15.38%. The lowest was -15.15%. And the median was 8.45%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

ITT Corp Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Pretax Income 727 899 1,088 810 -273 -316 149 181 262 382

ITT Corp Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Pretax Income 54 119 42 57 164 108 54 49 50 135
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