GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITT Inc (NYSE:ITT) » Definitions » Piotroski F-Score

ITT (ITT) Piotroski F-Score : 7 (As of Jul. 15, 2025)


View and export this data going back to 1994. Start your Free Trial

What is ITT Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

ITT has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for ITT's Piotroski F-Score or its related term are showing as below:

ITT' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of ITT was 9. The lowest was 4. And the median was 6.


ITT Piotroski F-Score Historical Data

The historical data trend for ITT's Piotroski F-Score 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.

* Premium members only.

ITT Piotroski F-Score Chart

ITT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 6.00 8.00 7.00

ITT Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 6.00 7.00 7.00 7.00

Competitive Comparison of ITT's Piotroski F-Score

For the Specialty Industrial Machinery subindustry, ITT's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ITT's Piotroski F-Score Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITT's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where ITT's Piotroski F-Score falls into.


;
;

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was 119.2 + 161.1 + 127 + 108.4 = $516 Mil.
Cash Flow from Operations was 157.7 + 123.6 + 223.1 + 113.4 = $618 Mil.
Revenue was 905.9 + 885.2 + 929 + 913 = $3,633 Mil.
Gross Profit was 316.1 + 314 + 316.4 + 316.3 = $1,263 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(4403.7 + 4410.3 + 4944.5 + 4710.7 + 4833.7) / 5 = $4660.58 Mil.
Total Assets at the begining of this year (Mar24) was $4,404 Mil.
Long-Term Debt & Capital Lease Obligation was $75 Mil.
Total Current Assets was $1,964 Mil.
Total Current Liabilities was $1,656 Mil.
Net Income was 108.2 + 110.8 + 91.5 + 111.5 = $422 Mil.

Revenue was 833.9 + 822.1 + 829.1 + 910.6 = $3,396 Mil.
Gross Profit was 280 + 279.4 + 286 + 301.5 = $1,147 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(3767.8 + 3885.4 + 3802.3 + 3932.6 + 4403.7) / 5 = $3958.36 Mil.
Total Assets at the begining of last year (Mar23) was $3,768 Mil.
Long-Term Debt & Capital Lease Obligation was $306 Mil.
Total Current Assets was $1,908 Mil.
Total Current Liabilities was $1,197 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

ITT's current Net Income (TTM) was 516. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

ITT's current Cash Flow from Operations (TTM) was 618. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar24)
=515.7/4403.7
=0.11710607

ROA (Last Year)=Net Income/Total Assets (Mar23)
=422/3767.8
=0.1120017

ITT's return on assets of this year was 0.11710607. ITT's return on assets of last year was 0.1120017. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

ITT's current Net Income (TTM) was 516. ITT's current Cash Flow from Operations (TTM) was 618. ==> 618 > 516 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=75.1/4660.58
=0.01611387

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=305.7/3958.36
=0.07722895

ITT's gearing of this year was 0.01611387. ITT's gearing of last year was 0.07722895. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar25)=Total Current Assets/Total Current Liabilities
=1964.4/1655.9
=1.18630352

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=1907.7/1197
=1.59373434

ITT's current ratio of this year was 1.18630352. ITT's current ratio of last year was 1.59373434. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

ITT's number of shares in issue this year was 81.7. ITT's number of shares in issue last year was 82.7. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1262.8/3633.1
=0.34758195

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1146.9/3395.7
=0.33775068

ITT's gross margin of this year was 0.34758195. ITT's gross margin of last year was 0.33775068. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar24)
=3633.1/4403.7
=0.82501079

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=3395.7/3767.8
=0.9012421

ITT's asset turnover of this year was 0.82501079. ITT's asset turnover of last year was 0.9012421. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+1+1+0
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

ITT has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

ITT  (NYSE:ITT) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


ITT Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of ITT's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


ITT Business Description

Traded in Other Exchanges
Address
100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902
ITT began its journey as International Telephone & Telegraph in 1920. Through decades of acquisitions in the mid-1900s, ITT went from manufacturing telephone switching equipment to operating hotels, car rentals, insurance agencies, and bread bakeries. In 1995, the firm split into three separate entities, one of which is the ITT in current operation. After a few more spinoffs in 2011, today ITT Inc. sells automotive, industrial, and aerospace products such as brake pads, seals, pumps, valves, connectors, and regulators. It has operations around the globe with notable exposures to North America, Europe, and Asia.
Executives
Ryan F. Flynn officer: See Remarks 56 TECHNOLOGY DR., IRVINE CA 92618
Don Defosset director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Nazzic S Keene director 1710 SAIC DRIVE, MCLEAN VA 22102
Kevin C Berryman director 521 WEST 57TH STREET, NEW YORK NY 10019
Maurine C. Lembesis officer: See Remarks 8 RYANS RUN, PLEASANT VALLEY NY 12569
Carlo Ghirardo officer: See Remarks VIA BONINO, 5, BRA (CN) L6 12042
Fernando Roland officer: SVP & Pres Industrial Process 100 WASHINGTON BLVD., 6TH FLOOR, STAMFORD CT 06902
Lori B. Marino officer: SVP, General Counsel 100 WASHINGTON BLVD, STAMFORD CT 06902
De Mesa Graziano Cheryl officer: VP, Chief Accounting Officer 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Emmanuel Caprais officer: Chief Financial Officer 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Mary Elizabeth Gustafsson officer: See Remarks ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Timothy H Powers director C/O RICHARD W DAVLES HUBBELL INC, 684 DERBY MILFORD RD, ORANGE CT 06477
Luca Savi officer: See Remarks C/O ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Bartek Markowiecki officer: SVP, Strategy & Corp Dev. C/O ITT INC., 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Orlando D Ashford director C/O AMERANT BANK, 220 ALHAMBRA CR., CORAL GABLES FL 33134