Slide 1: Q3 2025 Earnings
Q3 2025 Earnings October 29, 2025 1 Shown: The production area at Svanehøj headquarters in Svenstrup, Denmark
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: Q3 | The Next Chapter Continues
Q3 | The Next Chapter Continues +6% organic growth to $999M of revenue Q3’25 • +11% IP organic growth driven by pump projects (>50%), including Svanehøj • +6% CCT organic growth powered by defense and aerospace; +25% total incl. kSARIA Total revenue growth +13% • 360 bps Friction OE outperformance;
Slide 4: Growth | Differentiation Drives Share Gains
Growth | Differentiation Drives Share Gains +19% total orders growth $3.1B • Outperformance in growing end markets – defense and aero, rail, energy transition +8% $2.9B vs. PY +10% $2.6B vs. PY • Friction and KONI execution and innovation driving award wins +9% vs. PY • Acquisitions performing ahead
Slide 5: Q3 Summary Results
Q3 Summary Results Adjusted Operating Adjusted EPS Free Cash Flow Revenue1 Income and Margin (YTD) $999M $368M $185M $1.78 $885M $162M $1.47 $252M +13% +21% +46% 18.3% 18.5% total Q32024 2024 2025 Q3 2025 2025 Q32024 2021 2024 2025 Q3 2024 2025 Q3 2024 Q32021 2024 Q3 Q3 2025 2024 2025 Q32024 2021 20
Slide 6: Q3 Adjusted EPS Bridge
Growth | Q3 Adjusted EPS Bridge +21% $0.07 $0.06 + Growth and volume leverage $0.08 + Productivity: manufacturing, cost structure, sourcing $0.10 $1.78 + Svanehøj and kSARIA acquisitions accretion $1.47 + 11% YTD adjusted EPS growth; +15% excl. Wolverine divestiture Q3 2024 Operational Svanehøj, Sha
Slide 7: Raising 2025 EPS Guidance
Raising 2025 EPS Guidance Prior Updated Commentary Revenue +5% to +7% +6% to +7% • Total revenue growth towards the high end of growth +3% to +5% organic +3% to +5% organic previous range - Converting large project backlog at IP - Strong price realization in CCT - Friction OE and KONI rail outperfor
Slide 8: Q3 | Key Takeaways
Q3 | Key Takeaways Organic value creation continues… …with contributions from accretive acquisitions ramping Strong cash generation Raising full year outlook driven by outperformance 8
Slide 9: Supplemental Data
Speaker Supplemental Topic Data 9
Slide 10: Q3 | Segment Summary Results
Q3 | Segment Summary Results Industrial Connect & Control Motion Process Technologies Technologies Organic +11% +6% +1% Revenue Growth Adjusted Segment $84M $47M $72M Operating Income Adjusted Segment 21.8% 18.3% 20.2% Operating Margin • Organic orders (-10%) driven by large PY • Organic order growt
Slide 11: Adjusted Operating Margin Detail
Adjusted Operating Margin Detail Q3 2024 adjusted operating margin 18.3% Operating leverage +10 bps +90 bps Productivity actions, net +80 bps FX +20 bps M&A, net (-90 bps) 2025 adjusted operating margin 18.5% Reconciliation to reported margin (special items) (-50 bps) 2025 operating margin 18.0% Ref
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: Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions; all amounts unaudited) Reconciliation of Revenue to Organic Revenue Third Quarter 2025 MT IP CCT Elim Total 2025 Revenue $ 355.6 $ 383.9 $ 259.2 $ 0.4 $ 999.1 Less: Acquisitions - 5.6 37.6 - 43.2 Less: Foreign currency translation 15.8 6.7 1.
Slide 14: 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 Third Quarter 2025 Third Quarter 2024 [a] MT IP CCT Corporate ITT MT IP CCT Corporate ITT Reported Operating Income $ 69.8 $ 82.1 $ 46.2 $ (
Slide 15: 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 Q3 2025 Q3 2024 [a] % Change Q3 2025 Q3 20
Slide 16: 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 $ 6.16 $ 6.22 Estimated restructuring 0.23 0.23 Other sp
Slide 17: Non-GAAP Reconciliation Statements
ITT Inc. Non-GAAP Reconciliation Statements (In millions, except earnings per share; all amounts unaudited) Reconciliation of Cash from Operating Activities to Free Cash Flow Three Months Ended Nine Months Ended FY 2025 9/27/2025 9/28/2024 9/27/2025 9/28/2024 Guidance Net Cash - Operating Activities
Slide 18: Impact of Inventory Accounting Method Change to Adjusted Operating Income
ITT Inc. (In millions; all amounts unaudited) Impact of Inventory Accounting Method Change to Adjusted Operating Income/Margin for 2024 First Quarter 2024 Second Quarter 2024 MT IP CCT Corp ITT MT IP CCT Corp ITT Adjusted operating income (as previously reported) $ 71.3 $ 68.0 $ 33.6 $ (17.9) $ 155.
Slide 19: Impact of Inventory Accounting Method Change to Adjusted EPS
ITT Inc. (In millions, except earnings per share; all amounts unaudited) Impact of Inventory Accounting Method Change to Adjusted Income from Continuing Operations and Adjusted EPS for 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2024 FY 2024 Adjusted income from continuing operations (as previously reported) $