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ITT Balance Sheet Statement

Assets, liabilities, and shareholders' equity

ITT holds $11.1B in total assets. Shareholders' equity is $4.7B against $3.5B in total debt. Cash and equivalents total $600.8M. The current ratio is 1.53 and debt-to-equity is 0.739. Based on the Q1 2026 filing.

Total Assets$11.1BTotal Stockholders Equity$4.7BLong Term Debt$3.4BCash And Equivalents$600.8MTotal Current Assets$2.9BTotal Current Liabilities$1.9B
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$17.4B
P/E Ratio38.10
ROE12.17%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$458.4M$473.7M$471.5M$458.1M$465M$642.2M
Accrued Environmental Liabilities$54.9M$54.5M$54.4M$55M$56.1M$59.6M
Accrued expenses$447.2M$117.8M$146.8M$164.1M$178.3M$191.4M
Accrued Manufacturing Costs$155.9M$117.8M$146.8M$164.1M$178.3M$191.4M
Accrued Progress Collections and Price Adjustments$4.4M$4.4M$4.4M$4.4M$4.7M$4.4M
Other Commercial Liabilities$447.2M$449.6M$501.4M$529.2M$572M$760.4M
Contract liabilities$4.4M$4.4M$4.4M$4.4M$4.7M$4.4M
Accrued Income Taxes, Current$38.5M$47.2M$40.1M$37.8M$46.4M$77.8M
Accrued Liabilities, Current$447.2M$449.6M$501.4M$529.2M$572M$760.4M
Compensation and benefits$155.9M$117.8M$146.8M$164.1M$178.3M$191.4M
Current portion of accrued product warranty$16.7M$17.9M$18.6M$22.2M$23.5M$30M
Current portion of long-term debt$427.6M$700K$700K$600K$500K$2.4M
Deferred revenue$119.3M$141.2M$167.9M$176.5M$175.7M$271.8M
Income taxes payable$38.5M$47.2M$40.1M$37.8M$46.4M$77.8M
Operating Lease Liability Payments - 2024 (Lessee)—————$27.3M
Operating Lease Liability Payments - 2025 (Lessee)—————$12M
Lease Liability Payments - Due Year Two—————$27.3M
Lease Liability Payments - Due Year Three—————$19.6M
Lease Liability Payments - Due Year Four—————$12M
Lease Liability Payments - Remainder of Fiscal Year—————$34.9M
Operating lease liabilities, current$22.6M$23.4M$24M$24.3M$24.4M$34.9M
Operating Lease Liability Payments Due—————$126.5M
Operating Lease Liability - Undiscounted Excess Amount—————$13.8M
Restructuring Reserve$2.9M$6.9M$4.3M$3.7M$3.7M$12.1M
Short-term borrowings$427.6M$700K$700K$600K$500K$2.4M
Standard Product Warranty Accrual$16.7M$17.9M$18.6M$22.2M$23.5M$30M
Total current liabilities$1.3B$1.7B$1.4B$1.4B$1.3B$1.9B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$703M$761.6M$796.8M$808.5M$756.1M$1B
Allowance for Doubtful Accounts$14.2M$14M$15.5M$18.7M$18.5M$20.9M
Allowance for Doubtful Accounts Receivable (Current)$14.2M$14M$15.5M$18.7M$18.5M$20.9M
Cash and cash equivalents$439.3M$439.8M$467.9M$516.4M$1.7B$600.8M
Total Cash, Cash Equivalents, and Restricted Cash (Inclusive)$440M$440.7M$468.9M$517.5M$1.7B$602.2M
Contract assets$34.4M$41.4M$42.5M$51M$50.9M$78.4M
Other current assets$131.2M$124.5M$137.1M$154.6M$183.4M$255.7M
Income taxes receivable$21.9M$10.6M$25.4M$34.9M$37.8M$51.8M
Finished goods$123.3M$119.6M$121.6M$117.9M$134.9M$258.1M
Raw materials$386.9M$396.5M$406.8M$404.6M$411.8M$539.8M
Raw materials and supplies inventory, gross$386.9M$396.5M$406.8M$404.6M$411.8M$539.8M
Work in process$102.1M$122.4M$130.3M$135.7M$125.2M$178.5M
Inventories$612.3M$638.5M$658.7M$658.2M$671.9M$976.4M
Other Receivables$30.5M$23.7M$31.2M$31.4M$29.1M$33.5M
Prepaid expenses and other current assets$53.4M$54.9M$50.1M$49.2M$71.5M$100.8M
Restricted cash$700K$900K$1M$1.1M$800K$1.4M
Total current assets$1.9B$2B$2.1B$2.1B$3.4B$2.9B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued Employee Benefits (Non-Current)$119M$120.4M$125.1M$123.5M$120M$151.1M
Accrued Environmental Liabilities (Non-Current)$51.1M$50.7M$50.6M$51.3M$45M$48.1M
Contract Liabilities, Non-Current$4.4M$4.4M$4.4M$4.4M$4.7M$4.4M
Debt - Unamortized Discount (Premium) and Issuance Costs, Net—————$7M
Defined Benefit Pension Plan Liabilities (Non-Current)$119M$120.4M$125.1M$123.5M$120M$151.1M
Operating Lease Liability Payments - 2026 (Lessee)—————$19.6M
Operating Lease Liability Payments - 2027 (Lessee)—————$7.5M
Operating Lease Liability Payments - 2028 (Lessee)—————$12M
Operating Lease Liability Payments - 2029 (Lessee)—————$7.5M
Lease Liability Payments - Due After Year Five—————$25.2M
Operating Lease Liability Payments - Thereafter (Lessee)—————$25.2M
Long-term debt$660.2M$737.1M$1.1B$995.7M$782.8M$3.4B
Long-Term Debt and Finance Lease Obligations$232.6M$4.5M$622.5M$577.7M$521.5M$3.4B
Deferred revenue, net of current portion$4.4M$4.4M$4.4M$4.4M$4.7M$4.4M
Liability, Pension and Other Postretirement and Postemployment Benefits, Noncurrent$119M$120.4M$125.1M$123.5M$120M$151.1M
Operating lease liabilities, non-current$73.7M$70.6M$67.2M$63.5M$60M$77.8M
Operating Lease Liabilities (Total)$96.3M———$84.4M$112.7M
Other non-current liabilities$260.7M$267.1M$282.2M$281.5M$279.3M$979.9M
Total liabilities$1.9B$2B$2.5B$2.4B$2.2B$6.4B
Total noncurrent liabilities$612.3M$392M$1B$982.7M$920.8M$4.5B
Unrecognized Tax Benefits—$900K$900K$900K—$1.6M

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$0———$1.3B$2B
Accumulated other comprehensive income (loss)-$418.3M-$392.2M-$313.3M-$316M-$302.5M-$357.6M
Common stock81.5M250M250M250M85.9M250M
Common Stock Par Value Per Share—$1.00$1.00$1.00—$1.00
Common Stock Shares Issued81.5M81M78M78M85.9M89.4M
Additional paid-in capital$0———$1.3B$2B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$81.5M$81M$78M$78M$85.9M$89.4M
Noncontrolling interests$7M$6.5M$7.1M$7.4M$6.9M$7.7M
Retained earnings$3.1B$3.1B$2.8B$2.9B$3B$3B
Total liabilities and stockholders' equity$4.7B$4.8B$5B$5.1B$6.3B$11.1B
Total stockholders' equity$2.8B$2.8B$2.6B$2.7B$4.1B$4.7B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aggregate Notional Principal Outstanding$155.8M$312.1M$283.9M$263.2M$201.5M$349.7M
Cumulative Cost Basis$1.8B$1.8B$1.9B$1.9B$2B$2.2B
Derivative Notional Amount$155.8M$312.1M$283.9M$263.2M$201.5M$349.7M
Accrual for Environmental Loss Contingencies$54.9M$54.5M$54.4M$55M$56.1M$59.6M
Environmental liabilities and other legal matters$7.3M$7.5M$6.9M$7.9M$14.4M$13M
Allowance for doubtful accounts$14.2M$14M$15.5M$18.7M$18.5M$20.9M
Cash and cash equivalents, end of period$440M$440.7M$468.9M$517.5M$1.7B$602.2M
Commercial paper borrowings outstanding$424.5M$729.3M$445.4M$414.6M$258M$472.1M
Common stock, par value (in dollars per share)—$1$1$1—$1
Common stock, shares authorized (in shares)—$250M$250M$250M—$250M
Common stock, shares issued (in shares)$81.5M$81M$78M$78M$85.9M$89.4M
Common Stock, Shares, Outstanding$81.5M$85.9M$78M$78M—$89.4M
Compensation and other employee-related benefits$37M$37.8M$40.9M$42M$40.7M$46.6M
Construction work in progress$103M$76.4M$70.2M$63.3M$80.1M$88.3M
Contract liabilities and other customer-related liabilities$153.5M$177.2M$207.7M$218M$220.8M$324.8M
Short-term debt and current portion of long-term debt$427.6M$732.6M$448.9M$418M$261.3M$477.3M
Deferred Income Taxes and Other Tax Liabilities, Noncurrent$64.8M$70.4M$85.1M$83.7M$82.5M$750.8M
Notional$155.8M$312.1M$283.9M$263.2M$201.5M$349.7M
Equity method investments (Note 11)$48.5M$42.5M$42M$40.3M$41M$41.8M
Estimated Environmental Related Assets—$8.1M$9.1M$9.9M—$10.3M
Environmental-related assets$7.6M$7.7M$8.6M$9.4M$9.8M$9.8M
Finite And Infinite Lived Intangible Assets Gross$605.6M$612.7M$635M$633.8M$637.4M$3.5B
Finite-Lived Intangible Assets, Accumulated Amortization$151.5M$165.9M$182.2M$193.1M$204.8M$230.6M
2028—————$161M
2030—————$160.6M
Remainder of 2026—————$195.7M
2027—————$174.3M
2029—————$160.7M
Gross Carrying Amount$545.8M$551.9M$571.8M$570.8M$574.1M$3.1B
Foreign Currency Derivative Instruments Not Designated As Hedging Instruments At Fair Value Net$2.9M$900K$0$900K$500K$4.6M
Trademarks$59.8M$60.8M$63.2M$63M$63.3M$392.9M
2031 and thereafter—————$2B
Lessee Operating Lease Liability Payments Due—————$126.5M
Lessee Operating Lease Liability Undiscounted Excess Amount—————$13.8M
Long-Term Debt and Lease Obligation$232.6M$4.5M$622.5M$577.7M$521.5M$3.4B
Noncontrolling interests in subsidiaries$7M$6.5M$7.1M$7.4M$6.9M$7.7M
Notes And Loans Receivable Gross Current$14.6M$5.1M$2.2M$12.9M$7.8M$9.7M
Other accrued liabilities$49.8M$51.7M$53M$51.2M$60.5M$76.4M
Other$21.5M$17.6M$19.1M$19.5M$23.2M$24.7M
Other employee benefit-related assets$135.2M$136.4M$138M$140.4M$142.3M$145.3M
Other receivables$30.5M$23.7M$31.2M$31.4M$29.1M$33.5M
Receivables Gross Current$717.2M$775.6M$812.3M$827.2M$774.6M$1.1B
Restructuring Reserve$2.9M$6.9M$4.3M$3.7M$3.7M$12.1M
Severance accrual, current$2.9M$6.9M$4.3M$3.7M$3.7M$12.1M
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$1.8B$1.9B$1.9B—$2.5B
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit—$900K$900K$900K—$1.6M
Total Allowance for Credit Losses$14.2M$14.1M$15.5M$18.7M$18.5M$20.9M
Unamortized Debt Issuance Expense—————$7M
Remainder of Fiscal Year 2024—————$195.7M
Remainder of Fiscal Year 2025—————$195.7M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net loans$14.6M$5.1M$2.2M$12.9M$7.8M$9.7M
Capitalized Computer Software, Net$5.5M$5M$4.1M$4M$4.6M$11.3M
Contract Assets, Non-Current$1.9M$2M$2M$1.6M$2.6M$4.6M
Deferred tax assets$74M$76M$83.1M$78.7M$82.4M$80.4M
Deferred Tax Assets and Other Non-Current Assets$384.1M$379.5M$386.1M$379.7M$385.3M$432.9M
Equity method investments$48.5M$42.5M$42M$40.3M$41M$41.8M
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)—————$160.6M
Finite Lived Intangible Assets - Gross$545.8M$551.9M$571.8M$570.8M$574.1M$3.1B
Goodwill$1.4B$1.5B$1.5B$1.5B$1.5B$3.8B
Indefinite-Lived Intangible Assets$59.8M$60.8M$63.2M$63M$63.3M$392.9M
Indefinite-Lived Intangible Assets, Gross$59.8M$60.8M$63.2M$63M$63.3M$392.9M
Indefinite-Lived Research and Development Assets$59.8M$60.8M$63.2M$63M$63.3M$392.9M
Indefinite-Lived Trademarks$59.8M$60.8M$63.2M$63M$63.3M$392.9M
Intangible assets, net$454.1M$386M$389.6M$377.7M$369.3M$2.8B
Net Investment in Lease$92.2M$89.6M$87M$83.6M$80.4M$108.7M
Capitalized software licenses$5.5M$5M$4.1M$4M$4.6M$11.3M
Deferred tax assets$74M$76M$83.1M$78.7M$82.4M$80.4M
Intangible assets — net$394.3M$386M$389.6M$377.7M$369.3M$2.8B
Other intangible assets—net$454.1M$446.8M$452.8M$440.7M$432.6M$3.2B
Machinery and equipment$1.3B$1.3B$1.4B$1.4B$1.4B$1.5B
Operating lease right-of-use assets$92.2M$89.6M$87M$83.6M$80.4M$108.7M
Other non-current assets$384.1M$379.5M$386.1M$379.7M$385.3M$432.9M
Property, plant and equipment at cost$1.8B$1.8B$1.9B$1.9B$2B$2.2B
Property, Plant and Equipment, Other, Gross$2M$2.2M$2.3M$2.7M$2.6M$2.9M
Operating lease right-of-use assets$92.2M$89.6M$87M$83.6M$80.4M$108.7M
Operating Lease Right-of-Use Assets in Other Assets$92.2M$89.6M$87M$83.6M$80.4M$108.7M
Other non-current assets$21.1M$22.3M$23.3M$23.3M$24.8M$35.6M
Accumulated depreciation$1.2B$1.2B$1.3B$1.3B$1.3B$1.4B
Buildings and improvements$293.4M$317.3M$334.1M$334M$343.8M$387.4M
Construction in progress$103M$76.4M$70.2M$63.3M$80.1M$88.3M
Furniture, fixtures and equipment$73.6M$77.3M$81.8M$84.2M$86.2M$95.4M
Land$25.1M$25.6M$27.2M$26.9M$26.7M$47.4M
Machinery and equipment$1.3B$1.3B$1.4B$1.4B$1.4B$1.5B
Property and equipment, net$577.2M$588.7M$611.8M$603.1M$627M$801.1M
Software and Technology Licenses, Net$5.5M$5M$4.1M$4M$4.6M$11.3M
Total assets$4.7B$4.8B$5B$5.1B$6.3B$11.1B
Total noncurrent assets$2.8B$2.9B$3B$2.9B$3B$8.3B