ITT Inc. Q1 2026 Earnings Call Summary

Moby Intelligence

Wed, May 6, 2026 astatine 11:54 AM CDT 3 min read

Strategic Performance Drivers

• Achieved 33% full gross maturation and 11% integrated expansion, driven by marketplace stock gains successful concern connectors and friction outperformance.

• Flow Technologies gross surged 61% pursuing the aboriginal closure of the SPX FLOW acquisition, which contributed contiguous nett net accretion.

• Friction concern outperformed planetary automotive accumulation by implicit 1,400 ground points, reaching a 32% planetary OE marketplace stock contempt a down market.

• CCT conception maturation of 17% was bolstered by aerospace and defence request and the realization of benefits from the Boeing declaration renewal.

• Operating borderline expanded 130 ground points to 21.1% arsenic productivity gains and measurement maturation successfully offset pricing pressures.

• Management attributed the beardown commencement to disciplined execution and the tangible benefits of a long-cultivated M&A strategy.

2026 Outlook and Strategic Initiatives

• Full-year adjusted EPS guidance initiated astatine $7.70 to $8.00, assuming 37% full gross maturation and 5% integrated maturation astatine the midpoint.

• SPX FLOW is expected to present low-teens nett adjusted EPS accretion successful 2026 and is connected way to present one-third of the full $80 cardinal successful outgo synergies during the archetypal twelvemonth of the acquisition.

• Management targets a book-to-bill ratio supra 1 for the afloat year, supported by a steadfast task funnel peculiarly successful North America.

• Guidance assumes continued friction outperformance of 500 to 700 ground points and precocious single-digit integrated maturation successful CCT and Flow segments.

• Strategic investments volition proceed successful semipermanent programs including defence modernization (F-35, RSS) and high-performance friction segments.

Operational Context and Risk Factors

• The SPX FLOW acquisition closed 1 period up of docket connected March 2, with a leverage ratio of 2.7.

• Middle East vulnerability remains constricted astatine 4% of full revenue, with minimal Q1 interaction contempt ongoing determination struggle and proviso concatenation disruptions.

• Free currency travel of $14 cardinal was impacted by $71 cardinal successful one-time acquisition-related expenses; normalized currency travel roseate 10%.

• CFO Emmanuel Caprais volition measurement down successful June aft astir 14 years with the company, with Mike Samineli appointed arsenic interim CFO.

Q&A Session Highlights

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