Illinois Tool Works Inc. (N:ITW)

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
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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

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