Craft

Illinois Tool Works

Stock Price

$251.2

2024-04-16

Market Capitalization

$75 B

2024-04-16

Revenue

$16.1 B

FY, 2023

Illinois Tool Works Summary

Company Summary

Overview
Illinois Tool Works (ITW) is a company that manufactures and sells industrial equipment and consumable systems. It operates through seven business segments: Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Specialty Products. ITW offers powertrain components, fasteners, automotive wiper blades, engineered adhesives and coatings, welding equipment, specialty consumables, aircraft ground support equipment, cooking and food processing equipment, resealable zippers, as well as maintenance, repair, and operations (MRO) test and measurement solutions, construction design and engineering software, and other products.
Type
Public
Status
Active
Founded
1912
HQ
Glenview, IL, US | view all locations
Website
https://www.itw.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • E. Scott Santi

    E. Scott Santi, Chairman and Chief Executive Officer

    • Mary K. Lawler

      Mary K. Lawler, Senior Vice President & Chief Human Resources Officer

    • Michael M. Larsen

      Michael M. Larsen, Senior Vice President & Chief Financial Officer

    • Jennifer Kaplan Schott

      Jennifer Kaplan Schott, Senior Vice President, General Counsel & Secretary

    Operating MetricsView all

    Divisions

    84
    1.2%

    FY, 2022

    Countries

    51
    1.9%

    FY, 2022

    Backlog

    $2.7B
    6.9%

    FY, 2022

    LocationsView all

    80 locations detected

    • Glenview, IL HQ

      United States

      155 Harlem Ave

    • Camdenton, MO

      United States

      1629 Old South 5

    • Hendersonville, TN

      United States

      31 Volunteer Dr

    • Hopkinton, MA

      United States

      35 Parkwood Dr #10

    • Houston, TX

      United States

      16200 Park Row #120

    • Lakeville, MN

      United States

      8860 207th St W

    and 74 others

    Illinois Tool Works Financials

    Summary Financials

    Revenue (FY, 2023)
    $16.1B
    Gross profit (FY, 2023)
    $6.8B
    Net income (FY, 2023)
    $3.0B
    Cash (FY, 2023)
    $1.1B
    EBIT (FY, 2023)
    $4.0B
    Enterprise value
    $81.7B

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