Revenue segments as reported by the company.

Automotive OEM

Food Equipment

Test & Measurement and Electronics

Welding

Polymers & Fluids

Construction Products

Specialty Products

Intersegment

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, administrative, and research and development

Amortization and impairment of intangible assets

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Illinois Tool Works

Illinois Tool Works, Inc. engages in the manufacture of industrial products and equipment. It operates through the following segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products, and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test & 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 & 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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Illinois Tool Works posts robust Q4 results, eyes sustained growth

ITW's strong financial performance in Q4 2022 and record EPS for the full year demonstrate operational excellence and growth focus.
Guidance for 2023 reflects confidence in sustained performance, with a focus on organic growth and strategic capital allocation.
Challenges in certain segments like Construction products require strategic adjustments, while opportunities lie in acquisitions and portfolio optimization.
Balancing headwinds and tailwinds across diverse end markets remains crucial for ITW's continued growth and operational success.

Illinois Tool Works reports strong Q1 earnings, raises 2023 guidance

ITW's Q1 2023 earnings call highlighted strong organic growth, margin expansion, and geographic diversity. The company raised its EPS guidance and expects continued margin expansion driven by enterprise initiatives. Challenges include softness in consumables trends and China's performance, but opportunities lie in outperforming economic conditions and growth in institutional markets.

Illinois Tool Works (ITW) reports stellar Q2 performance and raises full-year guidance

ITW's Q2 earnings call showcased robust operational and financial achievements, with strong revenue growth and margin performance across key segments.
Despite challenges from inventory reductions, ITW remains optimistic about future prospects, raising EPS guidance and emphasizing long-term shareholder value.
The company's focus on margin improvement, stable demand, and consistent TSR highlights a strategic approach to sustained growth and profitability.
ITW's ability to navigate challenges and leverage opportunities positions it well for continued success and value creation for investors.

Illinois Tool Works reports solid Q3 performance and focuses on organic growth under new CEO

ITW's Q3 performance was solid, showcasing market share gains and strong margins. While facing challenges in certain segments, the company sees opportunities in driving organic growth and adapting to market conditions under new leadership. Overall, ITW remains focused on long-term performance and growth.

Illinois Tool Works delivers solid 2023 performance, eyes above-market growth

ITW navigated challenges in Q4 2023 to achieve solid full-year performance, with a strategic focus on innovation and resilience in key segments. The company's 2024 guidance points to continued growth, margin improvement, and a commitment to shareholder value through capital allocation. Management's confidence in adapting to market conditions and driving above-market growth highlights a positive outlook for ITW.

ITW reports mixed Q1 performance, raises guidance on inventory change

ITW's Q1 2024 showed mixed performance with some segments growing while others faced challenges.
The company raised its guidance for the year due to a one-time inventory accounting change.
Opportunities lie in margin improvement, reduced inventory levels, and strong free cash flows.
Challenges include declines in organic growth in several segments and margin pressures.
Overall, ITW aims for organic growth, margin improvement, and strong cash flows for the year.

ITW reports flat Q2 revenue growth, focuses on margin expansion

ITW's Q2 performance reflected flat organic revenue growth but improved operating margin.
Specialty Products segment showed strength with organic revenue growth and higher operating margin.
Challenges include moderating demand and specific segment declines in North America.
Opportunities lie in enterprise initiatives, innovation, M&A, and cash flow improvement.

ITW reports resilient Q3 performance amidst market challenges and innovation

ITW's Q3 2024 performance showcased resilience amid moderating demand and challenges in specific markets.
The company's strategic focus on innovation and enterprise initiatives underpins its margin expansion and profitability.
While facing challenges in certain sectors, ITW maintains a positive outlook with opportunities for growth and improvement.
Overall, ITW's performance in Q3 reflects a balanced approach to navigating market dynamics and driving sustainable growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

While the top- and bottom-line numbers for Illinois Tool Works (ITW) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Illinois Tool Works (ITW) Q3 Earnings: A Look at Key Metrics

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Weakness in semiconductor-related business within the Test & Measurement and Electronics unit, as well as forex woes, is likely to have hurt Illinois Tool's (ITW) Q3 performance.

What's in the Offing for Illinois Tool (ITW) in Q3 Earnings?

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Illinois Tool Works is laser-focused on margin expansion. The company has a healthy balance sheet and a manageable interest expense.

My Top Under-Appreciated Dividend King to Buy in October

GLENVIEW, Ill., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its third quarter 2023 results on Tuesday, October 24, 2023 at 7:00 a.m. CDT. Following the release, ITW will hold its third quarter earnings webcast at 9:00 a.m. CDT.

ITW Schedules Third Quarter 2023 Earnings Webcast

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Strength in the institutional end markets and capital equipment business augurs well for Illinois Tool (ITW). The company's measures to reward its shareholders are promising.

Here's Why You Should Hold on to Illinois Tool (ITW) Stock

Illinois Tool Works is a company that has consistently increased its dividend payout for over 25 years. The company has shown slow but steady revenue and income growth over the past decade. Share buybacks have helped increase earnings per share and reduce the dividend expense for shareholders.

Illinois Tool Works: Great Company, But Not A Value Investment At Current Prices

Illinois Tool Works is well positioned for revenue growth and margin expansion, with strong demand for 75% of its business portfolio. The company should be able to post above-market growth thanks to its "customer-back" innovations and increasing market penetration. ITW's margin is expected to benefit from volume leverage, improving price/cost, and operational efficiency efforts, with a long-term target of 30% operating margin by 2030.

Illinois Tool Works: Good Growth Prospects And A Reasonable Valuation

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The new CEO is a company veteran with extensive experience in implementing its business strategy. The company's operating margin performance has been exceptional over the last decade.

Illinois Tool Works Announces New CEO -- Here's How It Might Impact ITW's Future

Illinois Tool (ITW) appoints current vice chairman, Christopher A. O'Herlihy, as its new CEO and president.

Illinois Tool (ITW) Picks O'Herlihy as CEO, Santi to Retire

Vice Chairman Christopher A. O'Herlihy Named President and Chief Executive Officer E.

ITW Announces CEO Succession Plan

Lightweight machine in the 140-amp class delivers professional-quality welds for any project APPLETON, Wis. , Sept. 5, 2023 /PRNewswire/ -- Miller Electric Mfg.

Miller Announces New Millermatic® 142 MIG Welder

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Illinois Tool Works (ITW) reported earnings 30 days ago. What's next for the stock?

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News for Illinois Tool Works Stock (ITW)