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Supplemental

Taxes Paid

ITT Taxes Paid decreased by 13.7% to $30.8M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 75.0%, from $17.6M to $30.8M. Over 4 years (FY 2021 to FY 2025), Taxes Paid shows an upward trend with a 25.4% CAGR.

Analysis

StatementCash Flow Statement
SectionSupplemental
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026

How to read this metric

Significant deviations between tax expense and taxes paid can signal changes in deferred tax assets or liabilities and impact short-term cash flow availability.

Detailed definition

This metric captures the actual cash outflows for income taxes to various tax jurisdictions, net of any refunds received...

Peer comparison

Standard supplemental disclosure; peers in similar industries often have comparable effective cash tax rates.

Metric ID: income_taxes_paid

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$28.9M$7.9M$11.1M$8.5M$36.7M$18.3M$29.2M$13.2M$39.6M$19.2M$41.1M$16.3M$53.5M$37M$21.8M$17.6M$51.6M$46.7M$35.7M$30.8M
QoQ Change-72.7%+40.5%-23.4%+331.8%-50.1%+59.6%-54.8%+200.0%-51.5%+114.1%-60.3%+228.2%-30.8%-41.1%-19.3%+193.2%-9.5%-23.6%-13.7%
YoY Change+27.0%+131.6%+163.1%+55.3%+7.9%+4.9%+40.8%+23.5%+35.1%+92.7%-47.0%+8.0%-3.6%+26.2%+63.8%+75.0%
Range$7.9M$53.5M
CAGR+1.3%
Avg YoY Growth+44.0%
Median YoY Growth+31.0%
Current Streak3 quarters decline

Frequently Asked Questions

What is ITT's taxes paid?
ITT (ITT) reported taxes paid of $30.8M in Q1 2026.
How has ITT's taxes paid changed year-over-year?
ITT's taxes paid increased by 75.0% year-over-year, from $17.6M to $30.8M.
What is the long-term trend for ITT's taxes paid?
Over 4 years (2021 to 2025), ITT's taxes paid has grown at a 25.4% compound annual growth rate (CAGR), from $61.3M to $151.6M.
What does taxes paid mean?
The total cash paid to tax authorities for income taxes during the period.