ITT (STU:2II) Accumulated Depreciation : €-1,162 Mil (As of Mar. 2024)

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What is ITT Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

ITT's quarterly accumulated depreciation increased from Sep. 2023 (€-1,129 Mil) to Dec. 2023 (€-1,145 Mil) and increased from Dec. 2023 (€-1,145 Mil) to Mar. 2024 (€-1,162 Mil).

ITT's annual accumulated depreciation increased from Dec. 2021 (€-1,006 Mil) to Dec. 2022 (€-1,094 Mil) and increased from Dec. 2022 (€-1,094 Mil) to Dec. 2023 (€-1,145 Mil).

ITT Accumulated Depreciation Historical Data

The historical data trend for ITT's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ITT Accumulated Depreciation Chart

ITT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-944.19

-921.30

-1,005.63

-1,094.19

-1,144.69

ITT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-1,110.90	-1,122.65	-1,129.46	-1,144.69	-1,161.96

ITT Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

ITT Accumulated Depreciation Related Terms

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ITT (STU:2II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITT Inc (STU:2II) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

ITT:USA

Address

100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902

Website

https://www.itt.com

ITT is a diversified industrial conglomerate with over $3 billion in sales. After the spinoffs of Xylem and Exelis in 2011, the company's products primarily include brake pads, shock absorbers, pumps, valves, connectors, and switches. Its customers include original-equipment and Tier 1 manufacturers as well as aftermarket customers. ITT uses a network of approximately 700 independent distributors, which accounts for about one third of overall revenue. Nearly three fourths of the company's sales are made in North America and Europe. ITT's primary end markets include automotive, rail, oil and gas, aerospace and defense, chemical, mining, and general industrial.

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