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Current Assets

Total Current Assets

ITT Total Current Assets decreased by 14.4% to $2.87B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 46.1%, from $1.96B to $2.87B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 11.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 6, 2026

How to read this metric

Higher levels generally indicate stronger short-term liquidity, provided the asset quality remains high.

Detailed definition

This is the aggregate value of all assets that are expected to be converted into cash, sold, or consumed within one year...

Peer comparison

Used by investors to calculate the current ratio when compared against total current liabilities.

Metric ID: total_current_assets

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$1.63B$1.64B$1.72B$1.9B$1.78B$1.79B$1.84B$1.8B$1.83B$1.78B$1.86B$1.91B$1.93B$2.01B$1.89B$1.96B$2.06B$2.14B$3.35B$2.87B
QoQ Change+0.9%+4.9%+10.6%-6.7%+0.5%+2.9%-2.1%+1.7%-2.6%+4.3%+2.7%+1.0%+4.4%-6.2%+4.2%+4.9%+3.7%+56.9%-14.4%
YoY Change+9.2%+8.8%+6.7%-5.6%+3.0%-0.2%+1.1%+6.1%+5.3%+12.9%+1.5%+3.0%+7.0%+6.3%+77.9%+46.1%
Range$1.63B$3.35B
CAGR+12.7%
Avg YoY Growth+11.8%
Median YoY Growth+6.2%

Frequently Asked Questions

What is ITT's total current assets?
ITT (ITT) reported total current assets of $2.87B in Q1 2026.
How has ITT's total current assets changed year-over-year?
ITT's total current assets increased by 46.1% year-over-year, from $1.96B to $2.87B.
What is the long-term trend for ITT's total current assets?
Over 5 years (2020 to 2025), ITT's total current assets has grown at a 11.8% compound annual growth rate (CAGR), from $1.92B to $3.35B.
What does total current assets mean?
The sum of all assets that the company expects to turn into cash within one year.