Discontinued — last reported Q3 '23
Business Segments · Operating Margin
Total segment results — Operating Margin
ITT Total segment results — Operating Margin increased by 4.4% to 19.1% in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from 17.6% to 19.1%. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ3 2023Nov 2, 2023
Rolls up toOperating Margin
How to read this metric
An increase suggests better pricing power or improved cost control within the segments, whereas a decrease may signal rising input costs or competitive pressure on product pricing.
Detailed definition
This metric measures the operating profitability of the company's combined business segments as a percentage of their to...
Peer comparison
Comparable to 'Segment Operating Margin' or 'Aggregate Segment Profit Margin' used by industrial peers to benchmark operational efficiency.
Metric ID:
itt_segment_total_segment_results_operating_marginHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | 16.5% | 16.1% | 0.4% | 14.6% | 15.6% | 17.6% | 17.3% | 18.3% | 19.1% |
| QoQ Change | — | -2.4% | -97.5% | >999% | +6.8% | +12.8% | -1.7% | +5.8% | +4.4% |
| YoY Change | — | — | — | — | -5.5% | +9.3% | +18.5% | +17.3% | +8.5% |
Range0.4% – 19.1%
CAGR+7.6%
Avg YoY Growth+9.6%
Median YoY Growth+9.3%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is ITT's total segment results — operating margin?
- ITT (ITT) reported total segment results — operating margin of 19.1% in Q3 2023.
- How has ITT's total segment results — operating margin changed year-over-year?
- ITT's total segment results — operating margin increased by 8.5% year-over-year, from 17.6% to 19.1%.
- What does total segment results — operating margin mean?
- The percentage of revenue that remains as operating profit after accounting for the direct costs of the company's business segments.