ITT (STU:2II) Buildings And Improvements : €293 Mil (As of Mar. 2024)

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What is ITT Buildings And Improvements?

ITT's quarterly buildings and improvements increased from Sep. 2023 (€269 Mil) to Dec. 2023 (€274 Mil) and increased from Dec. 2023 (€274 Mil) to Mar. 2024 (€293 Mil).

ITT's annual buildings and improvements increased from Dec. 2021 (€235 Mil) to Dec. 2022 (€262 Mil) and increased from Dec. 2022 (€262 Mil) to Dec. 2023 (€274 Mil).

ITT Buildings And Improvements Historical Data

The historical data trend for ITT's Buildings And Improvements 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 Buildings And Improvements Chart

ITT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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251.37

225.15

234.97

262.05

273.63

ITT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial															263.86	262.59	268.73	273.63	292.93

ITT Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

ITT (STU:2II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITT Inc (STU:2II) » Definitions » Buildings And Improvements

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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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