ITT (US:ITT)2025-07-31 12:30Financial Performance Highlights - ITT reported over $1 billion in orders for the second consecutive quarter, driven by share gains[7] - The company is raising its full-year adjusted EPS midpoint by 15 cents to $6.45, a 10% increase compared to the previous year[7] - Q2 2025 adjusted EPS grew by 10%[8] - Year-to-date free cash flow reached $214 million, a 30% increase compared to the previous year[9] Growth Metrics - Organic orders grew by 13% in Q2 2025, while total orders grew by 16%[8] - Organic revenue growth was 4%, with total revenue growth at 7%[8] - IP organic growth was 22%, with pump projects showing a 62% increase[9] - CCT organic growth was 9%, driven by defense and aerospace awards[9] Margin and Profitability - The adjusted operating margin was 18.4%, representing a 30 bps expansion[8] - IP adjusted operating margin was 21.8%, a 100 bps increase[9] - MT adjusted operating margin was 20.2%, a 140 bps increase[9] - CCT adjusted operating margin increased by 270 bps excluding acquisition dilution[9] Capital Deployment - ITT repurchased $500 million of its own shares year-to-date, reducing the share count by 3%[9] - The company expects to generate $0.5 billion of full-year free cash flow[9] Guidance and Targets - The company is raising its 2025 revenue growth guidance to +5% to +7%, with organic growth expected to be +3% to +5%[24] - ITT is targeting revenue growth of >5% CAGR for its base business and ~10% CAGR with compounding M&A by 2030[11] - The company is aiming for an adjusted EPS of >$11 for the base business and >$12 with M&A by 2030[11]