ITT Inc. (NYSE:ITT) shares rose 3.5% on Wednesday after the diversified industrial company reported third-quarter earnings and revenue above Wall Street expectations, fueled by robust demand across aerospace, defense, and pump projects.
The company posted adjusted earnings of $1.78 per share, beating the $1.67 analyst consensus, while revenue increased 13% year over year to $999.1 million, exceeding expectations of $973.56 million. Organic revenue growth came in at 6.1%, driven by strong operational execution and contributions from recent acquisitions.
“Our results in Q3 are another step towards our 2030 targets shared at our Capital Markets Day in May,” said Luca Savi, ITT’s Chief Executive Officer and President. “Once again, it was ITT’s differentiation that drove our share gains and continued margin expansion, furthered by our acquisitions.”
The Industrial Process division led growth with a 15% increase in revenue to $383.9 million, supported by pump project strength and higher aftermarket demand. Connect & Control Technologies surged 25.1% to $259.2 million, benefiting from the kSARIA acquisition and strong commercial aerospace demand, while Motion Technologies grew 3.1% to $355.6 million, reflecting steady performance in automotive markets.
Adjusted operating margin rose to 18.5%, an improvement of 20 basis points year-over-year, while free cash flow jumped 77% to $154.1 million, reflecting strong earnings conversion and disciplined working capital management.
On the back of these results, ITT raised its full-year 2025 guidance, projecting adjusted earnings between $6.62 and $6.68 per share, above the $6.52 analyst forecast, and lifted its revenue growth outlook to 6–7%.
“We enter Q4 and look ahead to 2026 with a ~$2 billion backlog, further growth opportunities in ITT’s core and ramping value creation from our acquisitions,” Savi added.