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ITT Corp (NYSE:ITT)
Pretax Income
$248 Mil (TTM As of Sep. 2014)

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. 2014 was $119 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2014 was $248 Mil. ITT Corp's pretax margin was 18.11%.

During the past 13 years, ITT Corp's highest Pretax Margin was 32.72%. The lowest was -15.15%. And the median was 7.78%.


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. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=183.6+-1.8+-6.3+5+2.84217094304E-14
=181

ITT Corp's Pretax Income for the quarter that ended in Sep. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=119.7+-1.4+0+0+0.7
=119

ITT Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2014 was 27.5 (Dec. 2013 ) + 47.2 (Mar. 2014 ) + 54 (Jun. 2014 ) + 119 (Sep. 2014 ) = $248 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

ITT Corp's Pretax Margin for the quarter that ended in Sep. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=119/657.1
=18.11%

During the past 13 years, ITT Corp's highest Pretax Margin was 32.72%. The lowest was -15.15%. And the median was 7.78%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

ITT Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Pretax Income 6104487278991,088810-273-316149181

ITT Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Pretax Income 544218353979284754119
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