illinois tool works inc. - ITW

ITW

Close Chg Chg %
269.85 4.16 1.54%

Closed Market

274.01

+4.16 (1.54%)

Volume: 950.30K

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: illinois tool works inc. - ITW

ITW Key Data

Open

$270.52

Day Range

269.57 - 274.32

52 Week Range

232.77 - 277.58

Market Cap

$79.69B

Shares Outstanding

295.30M

Public Float

294.29M

Beta

1.11

Rev. Per Employee

N/A

P/E Ratio

23.34

EPS

$11.60

Yield

211.23%

Dividend

$1.50

EX-DIVIDEND DATE

Dec 31, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

910.66K

 

ITW Performance

1 Week
 
1.23%
 
1 Month
 
7.82%
 
3 Months
 
10.92%
 
1 Year
 
13.27%
 
5 Years
 
57.84%
 

ITW Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 23
Full Ratings ➔

About illinois tool works inc. - ITW

Illinois Tool Works, Inc. engages in the manufacture of industrial products and equipment. It operates through the following segments: Automotive OEM, Test and Measurement and Electronics, Food Equipment, Polymers and Fluids, Welding, Construction Products, and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test and Measurement and Electronics segment manufactures equipment, consumables, and related software for testing and measuring of materials, structures, gases and fluids. The Food Equipment segment supplies commercial food equipment and provides related services. The Polymers and Fluids segment provides adhesives, sealants, lubrication and cutting fluids, janitorial and hygiene products, and fluids and polymers for auto aftermarket maintenance and appearance. The Welding segment furnishes arc welding equipment, consumables and accessories for a wide array of industrial and commercial applications. The Construction Products segment makes construction fastening systems and truss products. The Specialty Products segment manufactures beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. The company was founded by Byron L. Smith in 1912 and is headquartered in Glenview, IL.

ITW At a Glance

Illinois Tool Works Inc.
155 Harlem Avenue
Glenview, Illinois 60025
Phone 1-224-661-8870 Revenue 16.11B
Industry Auto Parts: OEM Net Income 2.96B
Sector Producer Manufacturing 2023 Sales Growth 1.098%
Fiscal Year-end 12 / 2024 Employees 45,000
View SEC Filings

ITW Valuation

P/E Current 23.344
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 26.894
Price to Sales Ratio 4.937
Price to Book Ratio 26.029
Price to Cash Flow Ratio 22.471
Enterprise Value to EBITDA 19.579
Enterprise Value to Sales 5.391
Total Debt to Enterprise Value 0.096

ITW Efficiency

Revenue/Employee 357,933.333
Income Per Employee 65,711.111
Receivables Turnover 4.954
Total Asset Turnover 1.041

ITW Liquidity

Current Ratio 1.334
Quick Ratio 0.957
Cash Ratio 0.228

ITW Profitability

Gross Margin 41.46
Operating Margin 25.082
Pretax Margin 23.735
Net Margin 18.358
Return on Assets 19.114
Return on Equity 96.951
Return on Total Capital 25.98
Return on Invested Capital 31.306

ITW Capital Structure

Total Debt to Total Equity 277.888
Total Debt to Total Capital 73.537
Total Debt to Total Assets 53.937
Long-Term Debt to Equity 215.372
Long-Term Debt to Total Capital 56.993
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Illinois Tool Works Inc. - ITW

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
12.57B 14.46B 15.93B 16.11B
Sales Growth
-10.88% +14.96% +10.22% +1.10%
Cost of Goods Sold (COGS) incl D&A
7.53B 8.62B 9.56B 9.43B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
427.00M 410.00M 410.00M 395.00M
Depreciation
273.00M 277.00M 276.00M 282.00M
Amortization of Intangibles
154.00M 133.00M 134.00M 113.00M
COGS Growth
-9.79% +14.52% +10.91% -1.40%
Gross Income
5.04B 5.83B 6.37B 6.68B
Gross Income Growth
-12.46% +15.62% +9.19% +4.85%
Gross Profit Margin
+40.12% +40.35% +39.98% +41.46%
2020 2021 2022 2023 5-year trend
SG&A Expense
2.16B 2.36B 2.58B 2.64B
Research & Development
214.00M 239.00M 269.00M 284.00M
Other SG&A
1.95B 2.12B 2.31B 2.35B
SGA Growth
-8.39% +8.92% +9.47% +2.29%
Other Operating Expense
- - - -
-
Unusual Expense
- - - -
-
EBIT after Unusual Expense
2.88B 3.48B 3.79B 4.04B
Non Operating Income/Expense
28.00M 51.00M 255.00M 49.00M
Non-Operating Interest Income
25.00M 41.00M 31.00M 53.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
206.00M 202.00M 203.00M 266.00M
Interest Expense Growth
-6.79% -1.94% +0.50% +31.03%
Gross Interest Expense
206.00M 202.00M 203.00M 266.00M
Interest Capitalized
- - - -
-
Pretax Income
2.70B 3.33B 3.84B 3.82B
Pretax Income Growth
-17.76% +23.00% +15.51% -0.49%
Pretax Margin
+21.50% +23.01% +24.11% +23.74%
Income Tax
595.00M 632.00M 808.00M 866.00M
Income Tax - Current - Domestic
349.00M 478.00M 571.00M 549.00M
Income Tax - Current - Foreign
276.00M 302.00M 387.00M 405.00M
Income Tax - Deferred - Domestic
(45.00M) (91.00M) (163.00M) (119.00M)
Income Tax - Deferred - Foreign
15.00M (57.00M) 13.00M 31.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.11B 2.69B 3.03B 2.96B
Minority Interest Expense
- - - -
-
Net Income
2.11B 2.69B 3.03B 2.96B
Net Income Growth
-16.34% +27.74% +12.62% -2.54%
Net Margin Growth
+16.77% +18.64% +19.04% +18.36%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.11B 2.69B 3.03B 2.96B
Preferred Dividends
- - - -
-
Net Income Available to Common
2.11B 2.69B 3.03B 2.96B
EPS (Basic)
6.6551 8.5497 9.7997 9.772
EPS (Basic) Growth
-14.50% +28.47% +14.62% -0.28%
Basic Shares Outstanding
316.90M 315.10M 309.60M 302.60M
EPS (Diluted)
6.6258 8.5145 9.765 9.7398
EPS (Diluted) Growth
-14.42% +28.51% +14.69% -0.26%
Diluted Shares Outstanding
318.30M 316.40M 310.70M 303.60M
EBITDA
3.31B 3.89B 4.20B 4.43B
EBITDA Growth
-13.56% +17.47% +8.05% +5.60%
EBITDA Margin
+26.32% +26.89% +26.36% +27.53%

Snapshot

Average Recommendation HOLD Average Target Price 261.125
Number of Ratings 23 Current Quarters Estimate 2.505
FY Report Date 12 / 2024 Current Year's Estimate 11.525
Last Quarter’s Earnings 3.91 Median PE on CY Estimate N/A
Year Ago Earnings 9.74 Next Fiscal Year Estimate 10.696
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 9 16 16
Mean Estimate 2.50 2.54 11.52 10.70
High Estimates 2.56 2.58 11.74 10.97
Low Estimate 2.42 2.46 10.35 10.36
Coefficient of Variance 1.50 1.59 3.87 1.19

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 3
OVERWEIGHT 0 0 0
HOLD 12 13 10
UNDERWEIGHT 3 3 4
SELL 5 4 4
MEAN Hold Hold Hold

Insider Actions for Illinois Tool Works Inc. - ITW

Date Name Shares Transaction Value
Sep 13, 2024 Ernest Scott Santi Non-Executive Chairman; Director 249,683 Bona fide gift 0.00
Jun 18, 2024 David H. B. Smith Director 120,731 Bona fide gift 0.00
Jun 18, 2024 David H. B. Smith Director 121,506 Open market or private purchase of non-derivative security Non-derivative transaction at $238.82 per share 29,018,062.92
May 8, 2024 Kelly Jean Grier Director 1,794 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $243.88 per share 437,520.72
May 8, 2024 Daniel J. Brutto Director 22,154 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $243.88 per share 5,402,917.52
May 8, 2024 James W. Griffith Director 21,868 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $243.88 per share 5,333,167.84
May 8, 2024 Pamela B. Strobel Director 40,677 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $243.88 per share 9,920,306.76
May 8, 2024 Richard H. Lenny Director 19,654 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $243.88 per share 4,793,217.52
May 8, 2024 Susan M. Crown Director 56,420 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $243.88 per share 13,759,709.60
May 8, 2024 Jaime A. Irick Director 758 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $243.88 per share 184,861.04
May 8, 2024 Darrell L. Ford Director 5,121 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $243.88 per share 1,248,909.48
May 8, 2024 Jay L. Henderson Director 22,415 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $243.88 per share 5,466,570.20
Feb 15, 2024 Figueiredo Silva Guilherme De Executive Vice President N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 15, 2024 Ernest Scott Santi Chairman; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 15, 2024 Mary Katherine Lawler SVP & Chief HR Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 15, 2024 Michael M. Larsen SVP & CFO 51,830 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 15, 2024 Michael M. Larsen SVP & CFO 46,404 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $256.42 per share 11,898,913.68
Feb 15, 2024 Ernest Scott Santi Chairman; Director 247,344 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $256.42 per share 63,423,948.48
Feb 15, 2024 Ernest Scott Santi Chairman; Director 268,286 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 15, 2024 Ernest Scott Santi Chairman; Director 232,457 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $256.26 per share 59,569,430.82

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