---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001238"
form_type: "8-K"
ticker: "ITT"
cik: "0000216228"
company_name: "ITT INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T09:41:02.124108+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ITT Q2 EPS $1.31, revenue up 14% YoY; raises FY2023 margin and EPS guidance

## Summary
- Revenue $833.9M, up 13.7% YoY (12.5% organic); segment operating margin 18.3% (adj. 18.7%), up 270 bps.
- EPS $1.31 (+44%), adjusted EPS $1.33 (+36%); driven by volume, pricing, and share repurchases.
- Industrial Process revenue +22.5%, operating income +69.8%; Motion Tech revenue +11.3%, op income +22.8%.
- New FY2023 guidance: segment op margin 17.4%-18.2% (adj. 17.7%-18.5%); adjusted EPS $4.95-$5.15 (up 11%-16%).
- Free cash flow Q2 $122M (+$83M); YTD free cash flow $152M, up $145M versus prior year.

## SEC filing metadata
- accession: 0001157523-23-001238
- form_type: 8-K
- ticker: ITT
- cik: 0000216228
- company_name: ITT INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/216228/000115752323001238/0001157523-23-001238-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/216228/000115752323001238/a53503535.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001238
- JSON: https://secwatch.observer/filing/0001157523-23-001238.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001238.txt

## Key facts
- Earnings Releases
  ITT INC. reported second quarter ended July 1, 2023 results: revenue $833.9, EPS $1.31. Guidance raised.
  - Period: second quarter ended July 1, 2023
  - Revenue: $833.9
  - EPS: $1.31
  - Guidance: raised
  - Result: reported results
  source text: million. On a year-to-date basis, ITT generated free cash flow of $152 million, up $145 million versus 2022. Table 1. Second Quarter Performance Q2 2023 Q2 2022 Change Revenue $ 833.9 $ 733.3 13.7 % Organic Growth 12.5 % Segment Operating Income $ 152.5 $ 114.3 33.4 % Segment Operating Margin 18.3 % 15.6 % 270 bps Adjusted Segment Operating Income $ 156.2 $
  evidence_url: https://www.sec.gov/Archives/edgar/data/216228/000115752323001238/0001157523-23-001238-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.