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.

ITW stock sold off after earnings. Over time, Wall Street has rewarded ITW's focus on operating margins despite nonexistent revenue growth.

My Top Dividend King to Buy in August (and It's Not Even Close)

Illinois Tool's (ITW) Q2 results benefit from organic sales growth. Anticipating stable underlying demand for the rest of 2023, the company improves its earnings guidance for 2023.

Illinois Tool (ITW) Beats on Q2 Earnings, Raises '23 EPS View

Illinois Tool Works Inc. (NYSE:ITW ) Q2 2023 Earnings Conference Call August 1, 2023 10:00 AM ET Company Participants Karen Fletcher – Vice President-Investor Relations Scott Santi – Chairman and Chief Executive Officer Michael Larsen – Senior Vice President and Chief Financial Officer Conference Call Participants Jeffrey Sprague – Vertical Research Jamie Cook – Credit Suisse Joe O'Dea – Wells Fargo Tami Zakaria – JPMorgan Andy Kaplowitz – Citigroup Joe Ritchie – Goldman Sachs Julian Mitchell – Barclays Operator Good morning. My name is Rob, and I will be your conference operator today.

Illinois Tool Works Inc. (ITW) Q2 2023 Earnings Call Transcript

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

Here's What Key Metrics Tell Us About Illinois Tool Works (ITW) Q2 Earnings

GLENVIEW, Ill., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its second quarter 2023 results.

ITW Reports Second Quarter 2023 Results

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Illinois Tool (ITW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Illinois Tool (ITW) Ahead of Earnings?

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Illinois Tool Works is best in breed. Stanley Black & Decker faces ongoing headwinds, but it's also overcoming its issues.

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Strength in capital equipment, industrial and oil and gas businesses is expected to have driven Illinois Tool's (ITW) Q2 performance.

What's in the Offing for Illinois Tool (ITW) in Q2 Earnings?

Illinois Tool Works (ITW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Illinois Tool Works (ITW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

GLENVIEW, Ill., July 06, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its second quarter 2023 results on Tuesday, August 1, 2023 at 7:00 a.m. CDT. Following the release, ITW will hold its second quarter earnings webcast at 9:00 a.m. CDT.

ITW Schedules Second Quarter 2023 Earnings Webcast

ITW's high-margin profile stands out as one of the best in the industrial machinery sector. This is a result of a long strategic shift, driven by several core initiatives. Despite macroeconomic uncertainties, the potential impact on ITW's overall result is likely to be limited, as enterprise initiatives and price/cost relationship are expected to drive most of the margin improvements. Investors that hold shares of this company can still achieve sizable capital appreciation over time, if history is any guide.

Illinois Tools Works: Right Time To Have This High Margin Company In Your Portfolio

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Illinois Tool Works continues to reward investors with a blend of short- and long-term growth. The aerospace and defense industries are set to use much more advanced composites in the future.

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Amid a slowdown in the manufacturing sector and fears of a recession, it is prudent to invest in some dividend-paying industrial stocks such as Emerson (EMR), Apogee (APOG) and Illinois Tool (ITW).

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Illinois Tool Works is performing well despite being close to a manufacturing recession, with shares up 8% year-to-date and 37% above their 52-week low. The company continues to report organic growth and offset inflationary headwinds through its pricing power, maintaining a positive outlook despite economic challenges. ITW's success makes it an attractive option for dividend growth investors, as it has more than 50 consecutive annual dividend hikes and is considered one of the best dividend kings.

Illinois Tool Works: A Dividend King Near All-Time Highs

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Strength across institutional end markets, capital equipment, industrial, and oil and gas businesses are key growth drivers for Illinois Tool (ITW).

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Illinois Tool Works: A Triple Threat

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Shares of Illinois Tool Works sold off after its Q1 earnings report. The industrial company's operating margin is best-in-breed.

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News for Illinois Tool Works Stock (ITW)