OverviewSuggest Edit

Illinois Tool Works is a company that manufactures and sells industrial products and equipment. It operates through seven business segments: Automotive OEM, Food Equipment, Test and Measurement and Electronics, Welding, Polymers and Fluids, Construction Products, and Specialty Products. The company offers plastic and metal components, fasteners and assemblies for automotive-related applications, software for testing and measuring, welding equipment, adhesives, sealants, lubrication and cutting fluids, consumables, and accessories for industrial and commercial applications, beverage packaging equipment and consumables, food processing equipment, appliance components and fasteners, etc.
HQGlenview, IL, US
Employee Ratings3.7
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2020)43,000(-4%)
Job Openings966
Revenue (FY, 2020)$12.6 B(-10%)
Share Price (Jul 2021)$226.7
Cybersecurity ratingBMore

Key People/Management at Illinois Tool Works

E. Scott Santi

E. Scott Santi

Chairman & Chief Executive Officer
Christopher A. O'Herlihy

Christopher A. O'Herlihy

Vice Chairman
Axel R. J. Beck

Axel R. J. Beck

Executive Vice President
John R. Hartnett

John R. Hartnett

Executive Vice President
T. Kenneth Escoe

T. Kenneth Escoe

Executive Vice President
Michael M. Larsen

Michael M. Larsen

Senior Vice President & Chief Financial Officer
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Illinois Tool Works Office Locations

Illinois Tool Works has offices in Glenview, Hendersonville, Houston, Manchester and in 78 other locations
Glenview, IL, US (HQ)
155 Harlem Ave
Hendersonville, TN, US
31 Volunteer Dr
Houston, TX, US
16200 Park Row #120
Manchester, CT, US
375 New State Rd
San Luis Obispo, CA, US
125 Venture Dr #210
Solon, OH, US
6875 Parkland Blvd
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Illinois Tool Works Financials and Metrics

Illinois Tool Works Revenue

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Illinois Tool Works's revenue was reported to be $12.57 b in FY, 2020

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Illinois Tool Works's current market capitalization is $71.6 b.
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Financial Leverage

3.7 x
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Illinois Tool Works Operating Metrics

Illinois Tool Works's Backlog was reported to be $1.5b in FY, 2019.
FY, 2017FY, 2018FY, 2019


$1.44 b$1.56 b$1.5 b



Patents (Foreign)

8 k8.4 k8.7 k

Patents (US)

3.6 k3.5 k3.6 k
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Illinois Tool Works Acquisitions / Subsidiaries

Company NameDateDeal Size
ZF TRW (Engineered Fasteners and Components)January 25, 2016$450 m
VestaJuly 03, 2013
CoeurOctober 09, 2012
Despatch IndustriesJuly 25, 2011
Elro GroupSeptember 05, 2010
Hartness InternationalNovember 04, 2009
Avery Weigh TronixSeptember 26, 2008
Crane Carrier CompanySeptember 16, 2008
Viltronics SoltecMarch 28, 2008
Vitronics Soltec B.V.March 28, 2008
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Illinois Tool Works Revenue Breakdown

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Illinois Tool Works revenue breakdown by business segment: 11.8% from Polymers & Fluids, 11.6% from Welding, 12.9% from Specialty Products, 15.5% from Food Equipment, 21.7% from Automotive OEM, 11.5% from Construction Products and 15.0% from Test & Measurement and Electronics

Illinois Tool Works revenue breakdown by geographic segment: 6.9% from Canada / Mexico, 46.1% from United States, 27.8% from Europe, Middle East and Africa, 17.0% from Asia Pacific and 2.2% from Other

Illinois Tool Works Cybersecurity Score

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Illinois Tool Works Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset


out of 100

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Illinois Tool Works Online and Social Media Presence

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Illinois Tool Works Company Culture

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Illinois Tool Works News and Updates

Illinois Tool Works profit more than doubles to beat expectations, but stock falls

Illinois Tool Works Inc. reported second-quarter that more than doubled and beat expectations, and raised the full-year outlook, as the all business segments saw double-digit organic revenue growth in the face of rising raw materials costs and supply chain challenges. Meanwhile, the industrial prod…

ITW Schedules Second Quarter 2021 Earnings Webcast

Illinois Tool Works Inc. (NYSE: ITW) will issue its second quarter 2021 results on Friday, July 30, 2021 at 7:00 a.m. CDT. Following the release, ITW will hold its second quarter earnings webcast at 9:00 a.m. CDT.

Illinois Tool Works beats earnings expectations, raises outlook and looks to buy back $1 billion worth of stock

Illinois Tool Works Inc. reported Friday profit and revenue that topped forecasts, boosted its full-year outlook and said it plans to buy back $1 billion of its stock this year. The multi-industry manufacturer's stock was still inactive in premarket trading. Net income rose to $671 million, or $2.1…

Illinois Tool Works A Top Socially Responsible Dividend Stock With 2.1% Yield

Illinois Tool Works has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.1% yield

Illinois Tool Works reports surprise growth in profit and revenue, plans to boost stock repurchases

Shares of Illinois Tool Works Inc. rose 0.4% in premarket trading Friday, after the diversified manufacturing company reported surprise fourth-quarter growth in profit and revenue, and announced plans to boost share repurchases this year. Net income increased to $642 million, or $2.02 a share, from…

Global Commercial Gas Fryers Market Key Insights, Major Players, Share Analysis and Key Players - Illinois Tool Works, Henny Penny Ali

The analysis covers extensive data on emerging trends, Global Commercial Gas Fryers Market factors, opportunities for growth, and constraints that may alter the report's market dynamics. It offers an in-depth review of the segments of the industry, including products, applications, and applications …
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Illinois Tool Works Blogs

ITW Reports Second Quarter 2021 Earnings

ITW Reports Record Second Quarter 2021 Results Illinois Tool Works Inc. (NYSE: ITW) today reported its second 2021 results. “In the second quarter, we saw continued improvement in both the breadth and pace of the recovery, with organic revenue growth at the segment level ranging from 17 to 84 percen…

ITW Schedules Second Quarter 2021 Webcast

Illinois Tool Works Inc. (NYSE: ITW) today scheduled its second quarter 2021 earnings webcast. View the complete press release.

ITW Celebrates Earth Month

ITW’s Glenview Green Team held its most successful annual tree giveaway this Earth Month, giving away a total of 1,252 baby trees for planting! ITW is a longtime supporter of Living Lands & Waters (LL&W), an “industrial strength” river cleanup organization headquartered in East Moline, Illin…

Building a Circular Economy for Plastics

Consistent with our commitments to global sustainability and innovating environmentally responsible solutions, our businesses continuously evaluate opportunities to improve the environmental impact of their products. Hi-Cone, a leading supplier of plastic-based multipackaging systems for global beve…

Doing More for Communities of Color

ITW’s Employee Resources Groups are an asset to ITW’s diverse and inclusive culture as well as ambassadors in our local communities. In the spirit of “doing more,” ITW’s African-American Network (AAN) stepped up to help the Black community in 2020. In partnership with Urban League, AAN launched the …

Illinois Tool Works Frequently Asked Questions

  • When was Illinois Tool Works founded?

    Illinois Tool Works was founded in 1912.

  • Who are Illinois Tool Works key executives?

    Illinois Tool Works's key executives are E. Scott Santi, Christopher A. O'Herlihy and Axel R. J. Beck.

  • How many employees does Illinois Tool Works have?

    Illinois Tool Works has 43,000 employees.

  • What is Illinois Tool Works revenue?

    Latest Illinois Tool Works annual revenue is $12.6 b.

  • What is Illinois Tool Works revenue per employee?

    Latest Illinois Tool Works revenue per employee is $292.4 k.

  • Who are Illinois Tool Works competitors?

    Competitors of Illinois Tool Works include Wurth Group, Dover and Siemens.

  • Where is Illinois Tool Works headquarters?

    Illinois Tool Works headquarters is located at 155 Harlem Ave, Glenview.

  • Where are Illinois Tool Works offices?

    Illinois Tool Works has offices in Glenview, Hendersonville, Houston, Manchester and in 78 other locations.

  • How many offices does Illinois Tool Works have?

    Illinois Tool Works has 90 offices.