ITT Inc. (ITT) SEC Filings & Earnings Calls

Integration Risk - SPX FLOW

“Our ability to integrate the operations of SPX FLOW in a successful manner and within the expected time period.” · word for word

Geopolitical Risk - Middle East

“The ongoing conflict in the Middle East and related geopolitical instability may adversely affect our business.” · word for word

Leverage Risk

“Total debt $3,728.2M vs $782.8M at Dec 2025. Interest expense increased 294.4% to $49.7M.”

Tariff Risk

“Ongoing tariff regimes and changes in global trade frameworks may influence input costs, sourcing decisions, and customer demand patterns.” · word for word

Integration risk from SPX FLOW acquisition; higher intangible amortization.

“Operating margin decreased 580 bps due to acquisition-related intangible amortization and costs.”

Potential disruption in financial leadership during transition.

“CFO departure and interim appointment may cause short-term uncertainty.”

Tariff and Trade Policy Uncertainty

“Ongoing tariff regimes and changes in global trade frameworks may influence input costs and sourcing patterns.” · word for word

Material Cost Inflation

“Adjusted operating income growth partially offset by material cost inflation.”

Geopolitical Risk Impacting Energy Markets

“The developing U.S. military conflict with Iran, along with the closure of the Strait of Hormuz, has contributed to increased volatility in global energy markets and higher oil and natural gas prices.” · word for word

Free cash flow pressure from acquisition-related payments and working capital build

“free cash flow for the quarter decreased 82.0% versus prior year, primarily driven by $71 million of one-time acquisition-related payments and higher working capital” · word for word

Material cost inflation partially offsetting margin gains

“partially offset by material cost inflation” · word for word

Integration Risk from SPX FLOW Acquisition

“The $4.775 billion acquisition, comprised of $4.075 billion in cash and $700 million in common stock, closed in March 2026.” · word for word

Foreign Exchange Exposure

“Global presence with 65% of revenue outside the U.S.” · word for word

Integration risk of large acquisition; potential for execution challenges in combining operations and cultures.

“Acquisition of SPX FLOW for $4.775 billion; integration of 3,900 employees and creation of Flow Technologies platform.”

Increased leverage from acquisition financing; covenant compliance risk.

“Credit Agreement includes maximum leverage ratio of 3.50x; company will incur significant debt.”

Integration risk of SPX FLOW acquisition.

“Acquisition of SPX FLOW, Inc. is a large transaction; integration challenges could impact performance.”

SPX FLOW Acquisition Integration Risk

“We may be unable to integrate SPX FLOW successfully and realize the anticipated benefits of the Acquisition.” · word for word

Tariff and Trade Policy Risk

“Ongoing tariff regimes and changes in global trade frameworks may influence input costs and sourcing patterns.” · word for word

Cost Inflation Risk

“We continue to experience variability in material availability, logistics conditions, and input costs caused by supply chain disruptions, geopolitical developments and tariff pressures.” · word for word

Pending SPX FLOW acquisition integration risk; not reflected in guidance.

“The following outlook does not reflect the impact of the pending SPX FLOW acquisition.” · word for word

Equity offering dilution impact on EPS.

“Partially offset by dilution related to the December 2025 equity offering.”

Dilution risk from equity offering; 7M shares plus over-allotment.

“7,000,000 shares plus 1,050,000 over-allotment shares issued.”

Acquisition subject to regulatory approvals, including HSR; closing not guaranteed.

“Completion of the Acquisition is subject to and dependent upon customary closing conditions, including the receipt of certain U.S. and foreign governmental and regulatory approvals.” · word for word

Integration risk and debt financing ($2.875B term loan + $1.2B bridge) increase leverage.

“ITT entered into commitment letters for $2.875B term loan and $1.2B bridge loan.”

Cost inflation partially offset by productivity and pricing.

“Partially offset by cost inflation.” · word for word

Restructuring actions in 2025 impacted reported margins.

“Restructuring actions in 2025.” · word for word

Tariff Uncertainty

“The tariffs have the potential to increase our input costs and may affect the pricing and competitiveness of some of our products, particularly those that rely on imported materials or components.” · word for word

Inflationary Pressure

“Inflationary pressures... have led to increased prices for energy and raw materials we use in our production processes, including commodities such as steel, oil, copper and tin.”