ITT Inc. · NYSE:ITT
ITT — Q4 2014 Earnings Presentation
9 slides from ITT's earnings presentation, Feb 13, 2015
Slide 1: Key Performance Indicators and Non-GAAP Measures
Key Performance Indicators and Non-GAAP Measures Management reviews key performance indicators including revenue, segment operating income and margins, earnings per share, order growth, and backlog, among others. In addition, we consider certain measures to be useful to management and investors when
Slide 2: Reported vs. Organic Revenue / Order Growth, Fourth Quarter 2014 & 2013
ITT Corporation Non-GAAP Reconciliation Reported vs. Organic Revenue / Order Growth Fourth Quarter 2014 & 2013 (In Millions) (As Reported - GAAP) (As Adjusted - Organic) (A) (B) (C) (D) (E) = B-C-D (F) = E / A Acquisition / Change % Change Divestitures FX Impact Change % Change 3M 2014 3M 2013 2014
Slide 3: Reported vs. Organic Revenue / Order Growth, Full Year 2014 & 2013
ITT Corporation Non-GAAP Reconciliation Reported vs. Organic Revenue / Order Growth Full Year December 2014 & 2013 (In Millions) (As Reported - GAAP) (As Adjusted - Organic) (A) (B) (C) (D) (E) = B-C-D (F) = E / A Acquisition / Change % Change Divestitures FX Impact Change % Change 12M 2014 12M 2013
Slide 4: Reported vs Adjusted Segment Operating Income & Margin, Fourth Quarter
ITT Corporation Non-GAAP Reconciliation Reported vs Adjusted Segment Operating Income & Operating Margin Fourth Quarter of 2014 & 2013 (In Millions) 3M 2014 3M 2014 3M 2014 3M 2013 3M 2013 3M 2013 % Change % Change As Reported As Adjusted As Reported Special Items As Adjusted As Reported Special Ite
Slide 5: Reported vs Adjusted Segment Operating Income & Margin, Full Year
ITT Corporation Non-GAAP Reconciliation Reported vs Adjusted Segment Operating Income & Operating Margin Full Year December 2014 & 2013 (In Millions) 12M 2014 12M 2014 12M 2014 12M 2013 12M 2013 12M 2013 % Change % Change As Reported As Adjusted As Reported Special Items As Adjusted As Reported Spec
Slide 6: Adjusted Income & Adjusted EPS, Fourth Quarter 2014 & 2013
ITT Corporation Non-GAAP Reconciliation Reported vs. Adjusted Income from Continuing Operations & Adjusted EPS Fourth Quarter of 2014 & 2013 (In Millions, except per share amounts) Percent Change Q4 2014 Non-GAAP Q4 2014 Q4 2013 Non-GAAP Q4 2013 2014 vs. 2013 2014 vs. 2013 As Reported Adjustments As
Slide 7: Adjusted Income & Adjusted EPS, Full Year 2014 & 2013
ITT Corporation Non-GAAP Reconciliation Reported vs. Adjusted Income from Continuing Operations & Adjusted EPS Full Year 2014 & 2013 (In Millions, except EPS and shares) Percent Change 12M 2014 Non-GAAP 12M 2014 12M 2013 Non-GAAP 12M 2013 2014 vs. 2013 2014 vs. 2013 As Reported Adjustments As Adjust
Slide 8: Net Cash - Operating Activities vs. Adjusted Free Cash Flow Conversion
ITT Corporation Non-GAAP Reconciliation Net Cash - Operating Activities vs. Adjusted Free Cash Flow Conversion Full Year 2014 & 2013 (In Millions) 12M 2014 12M 2013 Net Cash - Operating Activities 244.7 226.6 Capital Expenditures 118.8 122.9 Free Cash Flow 125.9 103.7 Transformation & Repositioning
Slide 9: GAAP vs. Adjusted EPS Guidance, Full Year 2015
ITT Corporation Non-GAAP Reconciliation GAAP vs. Adjusted EPS Guidance Full Year 2015 2015 Full-Year Guidance Low High EPS from Continuing Operations - GAAP $ 1.80 $ 2.01 Asbestos Related Expense, Net of Tax 0.48 0.45 $ 2.28 $ 2.46 Restructuring and Realignment Costs, Net of Tax 0.27 0.19 EPS from C