Sector: Consumer Non-Cyclicals | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 155 Harlem Ave, 3600 WEST LAKE AVE GLENVIEW IL 60026-1215 |
Tel: | 1-224-6617481 |
Website: | https://www.itw.com |
IR: | See website |
Key People | ||
Christopher A. O'Herlihy President, Chief Executive Officer, Director | Michael R. Zimmerman Executive Vice President | Michael M. Larsen Chief Financial Officer, Senior Vice President |
Mary Katherine Lawler Chief Human Resources Officer, Senior Vice President | Axel R.J. Beck Executive Vice President | Javier Gracia Carbonell Executive Vice President |
Kenneth Escoe Executive Vice President | Patricia A. Hartzell Executive Vice President | Guilherme Silva Executive Vice President | Sharon A. Szafranski Executive Vice President |
Business Overview |
Illinois Tool Works Inc. is a global manufacturer of a diversified range of industrial products and equipment. The Company's segments include Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products, and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Food Equipment segment produces ware washing equipment, cooking equipment, refrigeration equipment, food processing equipment, kitchen exhaust, ventilation and pollution control systems and others. Its Welding segment produces arc welding equipment and metal arc welding consumables and related accessories. The Specialty Products segment offers conveyor systems and line automation for the food and beverage industries; plastic consumables that multi-pack cans and bottles and related equipment; airport ground support equipment; components for medical devices, and others. |
Financial Overview |
For the three months ended 31 March 2024, Illinois Tool Works Inc. revenues decreased 1% to $3.97B. Net income increased 15% to $819M. Revenues reflect Construction Products segment decrease of 7% to $488M, Welding segment decrease of 3% to $476M, Polymers & Fluids segment decrease of 3% to $432M. Net income reflects Unallocated and Eliminations segment income totaling $98M vs. loss of $17M, Automotive OEM segment income increase of 27% to $162M. |
Employees: | 45,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $82,145M as of Mar 31, 2024 |
Annual revenue (TTM): | $16,061M as of Mar 31, 2024 |
EBITDA (TTM): | $4,588M as of Mar 31, 2024 |
Net annual income (TTM): | $3,062M as of Mar 31, 2024 |
Free cash flow (TTM): | $1,329M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $7,366M as of Mar 31, 2024 |
Shares outstanding: | 298,400,000 as of Mar 31, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |