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ITT ITT Current ratio

Current ratio at other companies

Amphenol logo
AmphenolAPH
1.7×-0.3×
TE Connectivity logo
TE ConnectivityTEL
1.9×+0.4×
Nordson logo
NordsonNDSN
2.6×0.0×
TransDigm Group logo
TransDigm GroupTDG
3.5×+0.4×
IDEX logo
IDEXIEX
3.4×+0.6×
ROP
Roper Technologies, Inc.ROP
0.5×+0.1×

Other financials

Income statement

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Revenue$1.2B+32.7%
Gross profit$428.8M+32.7%
Operating income$141.2M-6.4%
Net income$78.0M-28.0%
EPS (diluted)$0.89-33.1%

Balance sheet

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Cash & equivalents$600.8M+36.6%
Total debt$3.5B+321%
Total equity$4.7B+70.5%
Total assets$11.1B+130%

Cash flow

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Operating cash flow$39.9M-64.8%
CapEx$26.1M-29.1%
Free cash flow$13.8M-82.0%

Valuation

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Market cap$17.08B+55.9%
Enterprise value$19.98B+76.8%
P/E37.3×+16.1×
P/S+1.0×

Profitability

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Gross margin35.5%+0.5pp
Operating margin15.9%-2.8pp
Net margin10.8%-3.4pp

Returns & leverage

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Return on equity12.2%-7.1pp
Debt / equity0.7×+0.4×

Where this comes from

Calculated from ITT’s reported figures.

Based on the most recent quarter.

The official record: ITT’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ITT's current ratio?
ITT (ITT) reported current ratio of 1.5× in Q1 2026.
How has ITT's current ratio changed year-over-year?
ITT's current ratio increased by 28.7% year-over-year, from 1.2× to 1.5×.
What is the long-term trend for ITT's current ratio?
Over 4 years (2021 to 2025), ITT's current ratio has grown at a -3.5% compound annual growth rate (CAGR), from 7.8× to 6.7×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.