Itt Inc. · NYSE:ITT
Itt — Q2 2025 Earnings Presentation
17 slides from Itt's earnings presentation, Jul 31, 2025
Slide 1: Q2 2025 Earnings
Q2 2025 Earnings July 31, 2025 1
Slide 2: Safe Harbor and Non-GAAP Disclosures
Safe Harbor and Non-GAAP Disclosures Safe Harbor This presentation contains “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In addition, the accompanying conference call may include, and officers
Slide 3: Q2 | Strong Start to the Next Chapter
Q2 | Strong Start to the Next Chapter $1B+ orders for 2nd consecutive quarter driven by share gains Q2’25 • 22% IP organic growth with strength in pump projects (+62%) • 9% CCT organic growth powered by defense and aero awards Organic orders growth +13% • Strong orders growth from Svanehøj and kSARI
Slide 4: 2030 Targets
2030 Targets Revenue Adjusted Adjusted Free Cash Base Growth1 Operating Margin EPS Flow Margin Business ~23% 14-15% >5% Adjusted EBITDA Margin >$11 CAGR >25% Compounding Revenue Adjusted Growth1 with M&A EPS ~10% >$12 CAGR 1. Represents expected average annual growth. 4
Slide 5: Q2 Summary Results
Q2 Summary Results Adjusted Operating Adjusted EPS Free Cash Flow Revenue1 Income and Margin (YTD) $972M $179M $1.64 $214M $906M $164M $1.49 $165M +4% 18.1% 18.4% +10% +30% organic +30 bps expansion 2024 Q2 2024 2025 Q2 2025 2025 2021 Q22021 2024 2024 Q22024 2025 Q2 2024 Q22021 2024 Q2 2025 Q22024 2
Slide 6: Q2 Adjusted EPS Bridge
Q2 Adjusted EPS Bridge $0.07 $0.01 +10% $0.15 ($0.08) $1.64 $1.49 Q2 2024 Wolverine Q2 2024 Operational Svanehøj, Interest, Q2 2025 Divestiture excl. Performance kSARIA Share Count, Divestiture Contributions Tax Rate + 16% adjusted EPS growth excluding Wolverine divestiture + Profitable growth drive
Slide 7: Raising 2025 Revenue and Adjusted EPS Guidance
Raising 2025 Revenue and Adjusted EPS Guidance Prior Updated Commentary Revenue +2% to +4% +5% to +7% • Raising midpoint of adjusted EPS guidance by 15c; expect 10% growth of adjusted EPS at midpoint or growth +3% to +5% organic +3% to +5% organic 13% excluding 2024 Wolverine divestiture • Orders an
Slide 8: Q2 | Strong Start Toward Long-Term Commitments
Q2 | Strong Start Toward Long-Term Commitments Delivered organic growth and margin expansion Acquisitions contribution ramping and performing ahead of expectations Accelerating cash generation; M&A targets progressing through the funnel Raised full year adjusted EPS guidance to $6.45 at midpoint Con
Slide 9: Supplemental Data
Speaker Supplemental Topic Data 9
Slide 10: Q2 | Segment Summary Results
Q2 | Segment Summary Results Motion Industrial Connect & Control Technologies Process Technologies Organic +3% +5% +4% Revenue Growth Adjusted Segment $74M $78M $45M Operating Income Adjusted Segment 20.2% 21.8% 17.9% Operating Margin • Friction OE outperformance led by • Organic orders growth (+22%
Slide 11: Adjusted Operating Margin Detail
Adjusted Operating Margin Detail Q2 2024 adjusted operating margin 18.1% Operational leverage +20 bps Productivity actions, net +150 bps +150 bps Strategic investments (-20 bps) FX (-30 bps) M&A, net (-90 bps) 2025 adjusted operating margin 18.4% Reconciliation to reported margin (special items) (-4
Slide 12: Key Performance Indicators & Non-GAAP Measures
Key Performance Indicators & Non-GAAP Measures Management reviews a variety of key performance indicators including revenue, operating income and margin, earnings per share, order growth, and backlog. In addition, we consider certain measures to be useful to management and investors when evaluating
Slide 13: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions; all amounts unaudited) Reconciliation of Revenue to Organic Revenue Second Quarter 2025 MT IP CCT Elim Total 2025 Revenue $ 365.7 $ 355.9 $ 251.9 $ (1.1) $ 972.4 Less: Acquisitions - 4.5 49.7 - 54.2 Less: Foreign currency translation 13.0 2.6
Slide 14: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions; all amounts unaudited) Reconciliations of Operating Income/Margin to Adjusted Operating Income/Margin Second Quarter 2025 Second Quarter 2024 [a] MT IP CCT Corporate ITT MT IP CCT Corporate ITT Reported Operating Income $ 71.2 $ 76.6 $ 44.9 $
Slide 15: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions, except earnings per share; all amounts unaudited) Reconciliation of Reported vs. Adjusted Income from Continuing Operating and Diluted EPS Income from Continuing Operations Diluted Earnings per Share Q2 2025 Q2 2024 [a] % Change Q2 2025 Q2 20
Slide 16: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions, except earnings per share; all amounts unaudited) Reconciliation of GAAP vs Adjusted EPS Guidance - Full Year 2025 2025 Full-Year Guidance Low High EPS from Continuing Operations - GAAP $ 5.95 $ 6.15 Estimated restructuring 0.25 0.25 Other sp
Slide 17: ITT Inc. Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements Reviewed: (In millions, except earnings per share; all amounts unaudited) Reconciliation of Cash from Operating Activities to Free Cash Flow Three Months Ended Six Months Ended FY 2025 Guidance 6/28/2025 6/29/2024 6/28/2025 6/29/2024 Low High Net Cash - Op