ITT Connect & Control Technologies — Intangible amortization decreased by 51.4% to $3.40M in Q1 2026 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
High amortization levels often follow significant M&A activity, impacting reported earnings without affecting cash flow.
Represents the systematic allocation of the cost of intangible assets, such as patents or acquired customer relationship...
Standard accounting practice for segments that have grown through acquisition; comparable to peers with similar M&A history.
itt_segment_connect_control_technologies_intangible_amortization| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $7.00M | $3.40M |
| QoQ Change | — | -51.4% |
| YoY Change | — | -51.4% |