ITT (ITT) AGM 2026 summary

Opening remarks and agenda

• The meeting was held virtually, allowing remote participation by shareholders.

• The agenda included voting on three board proposals and a review of business performance.

Board and executive committee updates

• Nazzic Keene was welcomed as the new Independent Board Chair, bringing significant leadership experience.

• Tim Powers retired from the Board after a decade of service, recognized for his leadership and contributions.

Financial performance review

• Achieved double-digit order growth and high single-digit revenue growth in 2025.

• Adjusted operating margin reached 19.4% in 2025, with adjusted EPS of $7.19.

• Free cash flow grew to over $550 million, up 27% year-over-year.

• In Q1 2026, delivered 26% order growth (8% organic) and 33% revenue growth (11% organic).

• Adjusted operating income expanded 42% in Q1 2026, with margin at 20.3% and adjusted EPS up 25%.