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Itt Inc   (ITT)
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Itt Inc 's Annual Effective Tax Rate

Five Year Trends




ITT Annual Effective Tax Rate

(Dec 31 2020)
(Dec 31 2019)
(Dec 31 2018)
(Dec 31 2017)
(Dec 31 2016)
Y / Y Annual Pre-Tax Income Growth -79.44 % 5.98 % 26.37 % 19.74 % -32.41 %
Y / Y Annual Income taxes expenses / -benefit Growth -82.98 % 55.81 % -70.35 % 156.05 % 8.42 %
Annual Effective Tax Rate 17.96 % 21.69 % 14.76 % 62.9 % 29.41 %


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Annual Effective Tax Rate Comment
Itt Inc 's effective tax rate in (Dec 31 2020) decreased compare to previous year to 17.96 % from 21.69 % a year ago.
ITT payed income tax of $15.3 millions of dollars in (Dec 31 2020) and $89.9 millions one year before.



Companies with similar Annual Effective Tax Rate in the Fiscal Year ending Dec 31 2020, within Miscellaneous Manufacturing Industry Annual Effective Tax RateDec 31 2020 FY Annual Income taxes expenses / -benefitDec 31 2020 FY Annual Pre-Tax Income
Flex Ltd   44.74 %$ 70.906 $ 158.485 
Ceco Environmental Corp  31.00 %$ 3.672 $ 11.844 
Preformed Line Products Company  26.64 %$ 10.810 $ 40.571 
Omega Flex Inc   24.83 %$ 6.594 $ 26.561 
Kadant Inc  24.36 %$ 17.948 $ 73.687 
Donaldson Company Inc   23.33 %$ 78.200 $ 335.200 
Amcor Plc  22.65 %$ 186.900 $ 825.200 
Winnebago Industries Inc   20.49 %$ 15.834 $ 77.276 
Brady Corp  20.09 %$ 28.321 $ 140.936 
Idex Corp  19.68 %$ 92.562 $ 470.340 
Eaton Corporation Plc  18.96 %$ 331.000 $ 1,746.000 
Danaher Corporation  18.89 %$ 849.000 $ 4,495.000 
Thor Industries Inc   18.88 %$ 51.512 $ 272.896 
Oil dri Corporation Of America  18.59 %$ 4.280 $ 23.020 
Powell Industries Inc   18.05 %$ 3.670 $ 20.330 
Itt Inc   17.96 %$ 15.300 $ 85.200 
Aegion Corp  17.52 %$ 5.267 $ 30.067 
Graco Inc   11.80 %$ 44.195 $ 374.651 
Xylem Inc   10.88 %$ 31.000 $ 285.000 
Sono Tek Corp  8.74 %$ 0.106 $ 1.213 



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