ITT INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.59B | $2.41B | $2.49B | $2.65B | $2.50B | $2.23B | $2.09B | $1.89B |
| Cost of Revenue | $1.77B | $1.64B | $1.68B | $1.79B | $1.70B | $1.55B | $1.44B | $1.29B |
| Gross Profit | $819.9M | $760.9M | $809.1M | $866.4M | $799.8M | $680.2M | $645.0M | $603.9M |
| Gross Margin | 31.7% | 31.6% | 32.6% | 32.6% | 32.0% | 30.5% | 30.9% | 31.9% |
| Operating Expenses | ||||||||
| Research & Development | $93.5M | $80.5M | $78.9M | $76.6M | $67.3M | $62.7M | $63.5M | $59.3M |
| SG&A Expense | $258.4M | $260.5M | $258.3M | $300.1M | $299.9M | $234.7M | $166.3M | $1.58B |
| Operating Income | $319.3M | $276.6M | $380.1M | $266.4M | $183.6M | $151.5M | $-244.9M | $-180.6M |
| Operating Margin | 12.4% | 11.5% | 15.3% | 10.0% | 7.4% | 6.8% | -11.7% | -9.6% |
| Interest Expense | — | — | — | $4.0M | $6.3M | $100.0K | $76.4M | $97.1M |
| Pretax Income | $309.4M | $258.4M | $382.3M | $262.0M | $180.5M | $149.1M | $-315.9M | $-272.6M |
| Income Tax Expense | $194.6M | $76.0M | $70.1M | $71.3M | $-309.6M | $39.6M | $260.6M | $-142.2M |
| Net Income | $113.5M | $186.1M | $351.8M | $184.5M | $488.5M | $125.4M | $-129.5M | $804.3M |
| Net Margin | 4.4% | 7.7% | 14.2% | 7.0% | 19.6% | 5.6% | -6.2% | 42.5% |
| EPS (Basic) | $1.29 | $2.09 | $3.92 | $2.02 | $5.37 | $1.35 | $-1.40 | $8.75 |
| EPS (Diluted) | $1.28 | $2.07 | $3.88 | $1.99 | $5.29 | $1.33 | $-1.40 | $8.75 |
| Shares Outstanding (Basic) | 88.3M | 89.2M | 89.8M | 91.5M | 91.0M | 93.0M | 92.8M | 92.0M |
| Shares Outstanding (Diluted) | 89.0M | 89.9M | 90.7M | 92.8M | 92.3M | 94.1M | 92.8M | 92.0M |
| Dividends Per Share | $0.51 | $0.50 | $0.47 | $0.44 | $0.40 | $0.36 | $1.59 | $2.00 |