Q4 Financial Peaks and Valleys: ITT (NYSE:ITT) Compared to Other Gas and Liquid Handling Shares

Examining Q4 Results for Gas and Liquid Handling Companies

Let’s take a closer look at how ITT (NYSE:ITT) and its industry peers performed now that the fourth quarter earnings season for gas and liquid handling companies has wrapped up.

Companies in the gas and liquid handling sector are equipped with the expertise and technology needed to manage valuable—and sometimes hazardous—materials. Recently, trends such as water conservation and carbon capture, which rely on hydrogen and other gases as well as specialized infrastructure, have fueled demand for products like pumps, valves, and filters. However, these businesses are also sensitive to broader economic trends; shifts in consumer spending and interest rates can significantly affect industrial output and, in turn, the demand for their products.

Q4 Sector Overview

Among the 13 gas and liquid handling stocks monitored, the group delivered a solid fourth quarter. Collectively, their revenues surpassed Wall Street’s expectations by 1.1%, and guidance for the next quarter’s revenues was generally in line with forecasts.

Despite some companies outperforming others, the sector as a whole has seen its share prices decline, with an average drop of 2.7% since the latest earnings announcements.

ITT (NYSE:ITT) Performance

ITT (NYSE:ITT), known for its pivotal role in the first transatlantic television transmission in 1956, supplies motion and fluid handling solutions to a range of industries.

For the quarter, ITT posted revenues of $1.05 billion, marking a 13.5% increase year over year and surpassing analyst projections by 4.6%. While the company exceeded top-line expectations, it delivered mixed results overall, as it missed analyst estimates for organic revenue growth.

Since releasing its results, ITT’s stock has risen 2.6% and is currently trading at $189.90.

Top Q4 Performer: Atmus Filtration Technologies (NYSE:ATMU)

Atmus Filtration Technologies (NYSE:ATMU), which became independent from Cummins in 2023 after more than six decades, produces filters designed to lower emissions and safeguard engines in trucks, construction, and agricultural equipment.

Atmus reported $446.6 million in revenue for the quarter, a 9.8% increase year over year, beating analyst expectations by 5.5%. The company delivered an outstanding quarter, surpassing estimates for both EBITDA and adjusted operating income.

Despite its strong performance, the market reacted negatively, and the stock has dropped 6% since the earnings release, currently trading at $58.41.

Weakest Q4: Chart Industries (NYSE:GTLS)

Chart Industries (NYSE:GTLS), known for installing the first bulk CO₂ tank for McDonald’s sodas, specializes in equipment for storing and transporting gases.

For the quarter, Chart reported $1.08 billion in revenue, a 2.5% decrease from the previous year and 8.4% below analyst forecasts. The company missed both revenue and adjusted operating income estimates, making it the weakest performer in the group for the quarter. The stock price has remained steady since the announcement and is currently at $206.86.

Flowserve (NYSE:FLS)

Flowserve (NYSE:FLS), which produced the world’s largest pump for nuclear power, supplies flow control equipment to a variety of industries.

In Q4, Flowserve generated $1.22 billion in revenue, up 3.5% year over year but 3.5% below analyst expectations. Despite missing on revenue, the company posted strong results, beating estimates for both EBITDA and adjusted operating income. The stock has climbed 4.5% since the earnings release and is now trading at $82.52.

Gorman-Rupp (NYSE:GRC)

Founded in 1934, Gorman-Rupp (NYSE:GRC) has grown from its Ohio roots into a global supplier of pumps and pump systems.

Gorman-Rupp reported $166.6 million in revenue for the quarter, a 2.4% year-over-year increase that matched analyst expectations. The company also exceeded estimates for both EPS and EBITDA, making it a standout quarter. Since reporting, the stock has gained 2.6% and is currently valued at $61.10.

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