4 West Red Oak Lane
White Plains, NY 10604
Sector: Industrial Goods
Industry: Diversified Machinery
Full time employees: 39,700
ITT Corporation engages in the design and manufacture of engineered products, as well as provides related services worldwide. Its Fluid Technology segment provides fluid systems and solutions for the wastewater, residential and commercial water, industrial and biopharm, and water treatment markets. This segment also engages in the design, development, production, sale, and after-sale support of pumps, mixers, controls, and treatment systems for municipal, industrial, residential, agricultural, and commercial applications. The company's Defense Electronics and Services segment provides systems integration, communications, engineering, and technical support solutions; and research, technologies, and engineering support services to the government, industrial, and commercial customers. It also provides defense electronics, such as wireless networking systems for tactical communications; night vision equipment; electronic warfare technologies for military aircraft; and military and civilian air traffic control systems, and air defense radars. ITT's Motion and Flow Control segment designs and manufactures connectors, interconnects, cable assemblies, multi-function grips, input/output card kits, and smart card systems for the communications, industrial, transporation, military/aerospace, commercial aircraft, computer, and consumer markets; friction pads and backplates for braking applications on vehicles; pumps and related products for the marine and leisure markets; adjustable shock absorbers for trucks, buses, railway equipment, and bridges; and valves, actuators, pumps, and switches for the commercial, military, regional, business, and general aviation markets. It markets its products and services directly and through independent distributors and representatives. The company was founded in 1920 and is headquartered in White Plains, New York.
Mr. Steven R. Loranger, 56
Chairman, Chief Exec. Officer and Pres
ITT Corporation's Corporate Governance Quotient (CGQ®) as of 6-Mar-08 is better than 64.5% of S&P 500 companies and 91.6% of Capital Goods companies.
Total Cash: 1.84B
Total Cash Per Share: 10.134
Total Debt: 3.57B
Operating Cash Flow: 781.90M
Levered Free Cash Flow: 150.85M
Estimated Market Cap
9,910,032,909 as of Mar 7, 2008
181,568,943 as of Jan 31, 2008
Number of Share Holders of Record
22,125 as of Feb 28, 2008
181,020,000 as of Jan 31, 2008
% Held by Insiders
% Held by Institutions
Vanguard, Northern Trust, State Street, Deutsche Bank, Hartford, Wellington, etc.
King Capital Investment Group