Discontinued — last reported Q3 '24
Business Segments · Revenue
Eliminations — Revenue
ITT Eliminations — Revenue increased by 36.4% to -$700K in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 41.7%, from -$1.2M to -$700K. Over 2 years (FY 2021 to FY 2023), Eliminations — Revenue shows a downward trend with a 59.2% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2024Oct 29, 2024
Rolls up toTotal Revenue
How to read this metric
An increase in eliminations suggests higher levels of internal trade and supply chain integration between business segments, while a decrease may indicate more independent segment operations.
Detailed definition
This metric represents the intersegment revenue adjustments required to reconcile individual business segment results wi...
Peer comparison
Most diversified industrial conglomerates report similar intersegment eliminations to reconcile consolidated revenue figures.
Metric ID:
itt_segment_eliminations_revenuesHistorical Data
14 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$400K | -$500K | -$300K | -$700K | -$800K | -$300K | -$1.1M | -$1M | -$700K | -$1.2M | -$900K | -$800K | -$1.1M | -$700K |
| QoQ Change | — | -25.0% | +40.0% | -133.3% | -14.3% | +62.5% | -266.7% | +9.1% | +30.0% | -71.4% | +25.0% | +11.1% | -37.5% | +36.4% |
| YoY Change | — | — | — | — | -100.0% | +40.0% | -266.7% | -42.9% | +12.5% | -300.0% | +18.2% | +20.0% | -57.1% | +41.7% |
Range-$1.2M – -$300K
CAGR+18.8%
Avg YoY Growth-63.4%
Median YoY Growth-15.2%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is ITT's eliminations — revenue?
- ITT (ITT) reported eliminations — revenue of -$700K in Q3 2024.
- How has ITT's eliminations — revenue changed year-over-year?
- ITT's eliminations — revenue increased by 41.7% year-over-year, from -$1.2M to -$700K.
- What is the long-term trend for ITT's eliminations — revenue?
- Over 2 years (2021 to 2023), ITT's eliminations — revenue has grown at a 59.2% compound annual growth rate (CAGR), from -$1.5M to -$3.8M.
- What does eliminations — revenue mean?
- The revenue adjustments made to remove internal sales between company segments during consolidation.