ITC Holdings Corp. financial data

Industry
Electric Services
Location
27175 Energy Way, Novi, MI
State of incorporation
MI
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 70.9 % +34.7%
Quick Ratio 10.1 % +35%
Debt-to-equity 357 % -0.42%
Return On Equity 17 % +2.65%
Return On Assets 3.72 % +3.04%
Operating Margin 57 % +1.55%

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 1.61B USD +5.37%
Revenue from Contract with Customer, Excluding Assessed Tax 1.64B USD +6.99%
General and Administrative Expense 114M USD 0%
Operating Income (Loss) 916M USD +7.01%
Nonoperating Income (Expense) -267M USD -6.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 649M USD +7.1%
Income Tax Expense (Benefit) 153M USD +0.66%
Net Income (Loss) Attributable to Parent 496M USD +9.25%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 130M USD -60.7%
Accounts Receivable, after Allowance for Credit Loss, Current 168M USD -2.33%
Inventory, Net 73M USD +15.9%
Assets, Current 418M USD -32.7%
Property, Plant and Equipment, Net 11.9B USD +6.92%
Intangible Assets, Net (Excluding Goodwill) 24M USD -11.1%
Goodwill 950M USD 0%
Other Assets, Noncurrent 140M USD +6.87%
Assets 13.5B USD +4.5%
Accounts Payable, Current 122M USD +37.1%
Employee-related Liabilities, Current 47M USD -9.62%
Contract with Customer, Liability, Current 44M USD +10%
Liabilities, Current 466M USD -38.9%
Contract with Customer, Liability, Noncurrent 15M USD -70.6%
Deferred Income Tax Liabilities, Net 1.5B USD +8.76%
Other Liabilities, Noncurrent 47M USD +20.5%
Liabilities 10.6B USD +4.05%
Accumulated Other Comprehensive Income (Loss), Net of Tax 26M USD -10.3%
Retained Earnings (Accumulated Deficit) 2.06B USD +9.25%
Stockholders' Equity Attributable to Parent 2.97B USD +6.1%
Liabilities and Equity 13.5B USD +4.5%

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 136M USD -59.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 65M USD -9.72%
Deferred Tax Assets, Valuation Allowance 3M USD -40%
Deferred Tax Assets, Gross 234M USD -4.1%
Payments to Acquire Property, Plant, and Equipment 264M USD +6.02%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 493M USD +8.11%
Deferred Income Tax Expense (Benefit) 22M USD -8.33%
Deferred Tax Assets, Operating Loss Carryforwards 5M USD -89.8%
Depreciation, Depletion and Amortization 81M USD +8%
Interest Expense 324M USD +16.1%