ITC Holdings Corp. financial data

Location
27175 Energy Way, Novi, MI
State of incorporation
MI
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 71.6 % +17.1%
Quick Ratio 12.6 % +69.2%
Debt-to-equity 357 % -0.92%
Return On Equity 16.4 % -1.32%
Return On Assets 3.59 % -0.55%
Operating Margin 56.3 % -0.57%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 224M shares 0%
Common Stock, Shares, Outstanding 224M shares 0%
Entity Public Float 0 USD
Common Stock, Value, Issued 892M USD 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.63B USD +5.18%
Revenue from Contract with Customer, Excluding Assessed Tax 1.61B USD +3.27%
General and Administrative Expense 121M USD +9.01%
Operating Income (Loss) 914M USD +4.58%
Nonoperating Income (Expense) -282M USD -10.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 632M USD +2.1%
Income Tax Expense (Benefit) 148M USD -5.13%
Net Income (Loss) Attributable to Parent 484M USD +4.54%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 19M USD -94.2%
Accounts Receivable, after Allowance for Credit Loss, Current 160M USD +16.8%
Inventory, Net 78M USD +23.8%
Assets, Current 301M USD -48%
Property, Plant and Equipment, Net 12.1B USD +7.58%
Goodwill 950M USD 0%
Other Assets, Noncurrent 154M USD +5.48%
Assets 13.7B USD +4.55%
Accounts Payable, Current 142M USD +21.4%
Employee-related Liabilities, Current 57M USD -3.39%
Contract with Customer, Liability, Current 44M USD +41.9%
Liabilities, Current 484M USD -46%
Contract with Customer, Liability, Noncurrent 11M USD -66.7%
Deferred Income Tax Liabilities, Net 1.52B USD +7.8%
Other Liabilities, Noncurrent 51M USD +18.6%
Liabilities 10.7B USD +4.45%
Accumulated Other Comprehensive Income (Loss), Net of Tax 28M USD -3.45%
Retained Earnings (Accumulated Deficit) 2.07B USD +7.29%
Stockholders' Equity Attributable to Parent 2.99B USD +4.91%
Liabilities and Equity 13.7B USD +4.55%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 142M USD +11.8%
Net Cash Provided by (Used in) Financing Activities 13M USD -89.6%
Net Cash Provided by (Used in) Investing Activities -263M USD -3.54%
Common Stock, Shares Authorized 235M shares 0%
Common Stock, Shares, Issued 224M shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -108M USD -5300%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 27M USD -91.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 65M USD -9.72%
Deferred Tax Assets, Valuation Allowance 4M USD +33.3%
Deferred Tax Assets, Gross 235M USD +0.43%
Payments to Acquire Property, Plant, and Equipment 264M USD +6.02%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 483M USD +3.87%
Deferred Income Tax Expense (Benefit) 22M USD -8.33%
Depreciation, Depletion and Amortization 81M USD +8%
Interest Expense 324M USD +16.1%