High-Tech Quality Manufacturing Competitors and Similar CompaniesClear all
Illinois Tool Works's competitors and similar companies include SCHUMAG, HERN and Martin Sprocket & Gear.
 SCHUMAG SCHUMAG is a company that designs, manufactures, and installs a variety of metal processing production machinery. |  Martin Sprocket & Gear Martin Sprocket & Gear is a company that manufactures power transmission components, material handling systems, and industrial hand tools. | |||
Founding Date | Founding Date 1912 | Founding Date 1830 | Founding Date 1954 | Founding Date 1951 |
Type | Type Public | Type Public | Type Subsidiary | Type Private |
Tags | ||||
Locations | Locations Glenview, US HQ Ingleburn, AU Plovdiv, BG Markham, CA Oakville, CA Dongguan, CN Langfang, CN see more | Locations Aachen, DE HQ | Locations Námestovo, SK HQ | Locations Arlington, US HQ Artur Nogueira, BR Cambridge, CA Edmonton, CA Mississauga, CA Changzhou, CN Shanghai, CN see more |
Employees | Employees 43,0002% decrease | Employees 531 | Employees 67 | Employees 1,3782% increase |
Valuation ($) | Valuation ($) 76 b | Valuation ($) 2.8 m | Valuation ($) N/A | Valuation ($) N/A |
Financial | ||||
Revenue (est.) | Revenue (est.) $16b (FY, 2025) | Revenue (est.) €51.2m (FY, 2023) | Revenue (est.) €61.8m (FY, 2022) | Revenue (est.) N/A |
Cost of goods | Cost of goods $9b (FY, 2025) | Cost of goods €18.3m (FY, 2023) | Cost of goods €51m (FY, 2022) | Cost of goods N/A |
Gross profit | Gross profit $7.1b (FY, 2025) | Gross profit €33.9m (FY, 2023) | Gross profit €10.8m (FY, 2022) | Gross profit N/A |
Net income | Net income $3.1b (FY, 2025) | Net income (€4.5m) (FY, 2023) | Net income €1.5m (FY, 2022) | Net income N/A |
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SCHUMAG
HQ
Aachen, DE
Employees
531
SCHUMAG is a company that designs, manufactures, and installs a variety of metal processing production machinery.
View companyMartin Sprocket & Gear
HQ
Arlington, US
Employees
1,378↑ 2% increase
Martin Sprocket & Gear is a company that manufactures power transmission components, material handling systems, and industrial hand tools.
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