TacticScaleWhat ITT Does & How It Makes Money (ITT)
Updated October 2026 · reflects ITT's latest reported financials
Maker of engineered pumps, brakes, connectors and critical industrial components. ITT sells engineered components and customized systems to vehicle makers, industrial plants and aerospace/defense customers.
How ITT makes money
ITT sells engineered components and customized systems to vehicle makers, industrial plants and aerospace/defense customers. It also earns revenue from aftermarket replacement parts, services and remote monitoring for its installed pumps and valves.
What ITT does
ITT Inc. is a Stamford, Connecticut-based maker of engineered critical components, founded in 1920. It runs three segments: Motion Technologies (brake pads, shock absorbers and damping technologies for cars, trucks, buses, trains and military vehicles, under brands like KONI and ITT Friction Technologies); Industrial Process (pumps, valves, plant optimization and aftermarket services under Goulds Pumps, Bornemann, Svanehøj, Habonim and others); and Connect & Control Technologies (connectors, cable assemblies and specialized control products for aerospace, defense, medical and industrial uses under Cannon, VEAM, Enidine and more). ITT serves the transportation, industrial and energy markets across North America, Europe, Asia, the Middle East, Africa and South America. Its brand portfolio covers many niche engineering categories, and it earns recurring revenue from replacement parts and services for its installed equipment.
Products & services
- ITT Friction Technologies brake pads
- KONI shock absorbers
- Goulds Pumps industrial pumps
- Habonim and Engineered Valves
- Cannon and VEAM connectors
- Enidine energy absorption products
What is ITT worth?
On an owner-earnings DCF, ITT's most-likely value is about $109 versus a recent price near $201 (46% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$54) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
⚠ High leverage — net debt is 6.3× annual cash flow. Net debt is subtracted from this fair value, but refinancing at higher rates, principal timing, and share dilution aren’t modeled — the equity can be worth far less if cash flow weakens.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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