OverviewSuggest Edit

Illinois Tool Works manufactures and sells industrial products and equipment worldwide. The Company's products include plastic and metal components, fasteners for automotive-related applications, software for testing and measuring, adhesives, sealants, lubrication and cutting fluids, janitorial and hygiene products, consumables and accessories for a wide array of industrial and commercial applications, beverage packaging equipment and consumables, appliance components and fasteners.

TypePublic
Founded1912
HQGlenview, US
Websiteitw.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Dec 2018)48,000(-4%)
Job Openings517
Revenue (FY, 2018)$14.8 B(+4%)
Share Price (Jun 2019)$152.2

Key People/Management at Illinois Tool Works

E. Scott Santi

E. Scott Santi

Chairman & Chief Executive Officer
Christopher A. OHerlihy

Christopher A. OHerlihy

Vice Chairman
Norman D. Finch

Norman D. Finch

Senior Vice President, General Counsel & Secretary
John R. Hartnett

John R. Hartnett

EVP
Michael M. Larsen

Michael M. Larsen

Senior Vice President & Chief Financial Officer
Mary K. Katie Lawler

Mary K. Katie Lawler

Senior Vice President, Chief Human Resources Officer
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Illinois Tool Works Office Locations

Illinois Tool Works has an office in Glenview
Glenview, US (HQ)
155 Harlem Ave
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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 $14.77 b in FY, 2018
USD

Revenue (Q1, 2019)

3.6b

Gross profit (Q1, 2019)

1.5b

Gross profit margin (Q1, 2019), %

42%

Net income (Q1, 2019)

597.0m

EBIT (Q1, 2019)

839.0m

Market capitalization (10-Jun-2019)

49.6b

Closing stock price (10-Jun-2019)

152.2

Cash (31-Mar-2019)

1.8b

EV

53.8b
Illinois Tool Works's current market capitalization is $49.6 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

14.1b14.5b13.4b13.6b14.3b14.8b

Revenue growth, %

2%(7%)1%5%

Cost of goods sold

8.6b8.7b7.9b7.9b8.3b8.6b

Gross profit

5.6b5.8b5.5b5.7b6.0b6.2b
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

3.4b3.3b3.4b3.5b3.5b3.6b3.6b3.7b7.6b3.6b3.6b

Cost of goods sold

2.0b2.0b1.9b2.0b2.0b2.0b2.1b2.1b2.2b4.4b2.1b2.1b

Gross profit

1.4b1.4b1.5b1.5b1.5b1.5b1.5b1.6b3.2b1.5b1.5b

Gross profit Margin, %

42%42%43%42%42%42%42%42%42%42%42%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

3.6b3.1b2.5b3.1b1.5b

Accounts Receivable

2.4b2.6b

Prepaid Expenses

218.0m336.0m

Inventories

1.2b1.1b1.1b1.2b1.3b
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.7b2.9b1.9b2.0b1.7b2.6b

Depreciation and Amortization

477.0m470.0m462.0m272.0m

Inventories

24.0m(10.0m)25.0m9.0m(81.0m)(108.0m)

Accounts Payable

8.0m(20.0m)(30.0m)(3.0m)39.0m(46.0m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

1.3b473.0m2.0b2.5b938.0m1.4b468.0m993.0m1.5b536.0m1.1b1.8b652.0m1.3b2.0b597.0m

Depreciation and Amortization

229.0m68.0m137.0m202.0m119.0m180.0m58.0m118.0m182.0m61.0m123.0m188.0m67.0m135.0m203.0m67.0m

Inventories

(36.0m)(49.0m)(55.0m)(62.0m)(48.0m)(32.0m)(29.0m)(54.0m)(47.0m)(67.0m)(82.0m)(93.0m)(68.0m)(95.0m)(122.0m)(32.0m)

Accounts Payable

43.0m(5.0m)(22.0m)24.0m40.0m13.0m45.0m68.0m23.0m56.0m47.0m41.0m55.0m47.0m3.0m48.0m
USDY, 2019

EV/EBIT

64.1 x

EV/CFO

87.4 x

Financial Leverage

4.8 x
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Illinois Tool Works Revenue Breakdown

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Illinois Tool Works revenue breakdown by business segment: 14.8% from Food Equipment, 10.7% from Welding, 12.0% from Polymers & Fluids, 22.8% from Automotive OEM, 13.5% from Specialty Products, 14.4% from Test & Measurement and Electronics and 11.7% from Construction Products

Illinois Tool Works revenue breakdown by geographic segment: 50.6% from North America, 18.0% from Asia Pacific, 28.7% from Europe, Middle East and Africa and 2.8% from Other

Illinois Tool Works Online and Social Media Presence

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Illinois Tool Works News and Updates

Illinois Tool Works shares slump as guidance falls short of estimates

Illinois Tool Works Inc. shares slid 3% in early trade Friday, after the company offered first-quarter guidance that lagged consensus numbers. The Glenview, Ill-based provider of industrial products to the automotive, food equipment, construction and other sectors, said it had net income of $607 mi…

Commercial Foodservice Equipment 2019 Global Market Key Players – Manitowoc Foodservice, Standex International, Illinois Tool Works, Anchor Packaging, Middleby, Hatco, Waring – Analysis and Forecast to 2025

WiseGuyRerports.com Presents “Global Commercial Foodservice Equipment Market Professional Survey Report 2019” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Car Care Market to Witness Huge Growth by 2025 | 3M, Turtle Wax, Illinois Tool Works

Stay up-to-date with Car Care market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday

Illinois Tool Works Inc. Recommends Stockholders Do Not Tender in Response to Mini-Tender Offer by TRC Capital Corporation

GLENVIEW, Ill., Dec. 21, 2018 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) has been notified of an unsolicited mini-tender offer by TRC Capital Corporation (“TRC”) to purchase up to 1,000,000 shares of ITW common stock, representing approximately 0.30% of the outstanding shares of ITW …

Illinois Tool Works sets 2019 guidance ahead of investor day

Illinois Tool Works Inc. set guidance for 2019 on Friday in a release provided ahead of its annual investor day. "We are in the midst of executing a focused and disciplined plan to leverage ITW's powerful proprietary business model and diversified, high quality business portfolio to their full pote…

Commercial Cooking Equipment Market 2018 Global Analysis By Key Players – Ali, Illinois Tool Works, Middleby, Welbilt, AB Electrolux

Wiseguyreports.Com adds “Commercial Cooking Equipment Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday
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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. OHerlihy and Norman D. Finch.

  • How many employees does Illinois Tool Works have?

    Illinois Tool Works has 48,000 employees.

  • What is Illinois Tool Works revenue?

    Latest Illinois Tool Works annual revenue is $14.8 b.

  • What is Illinois Tool Works revenue per employee?

    Latest Illinois Tool Works revenue per employee is $307.7 k.

  • Who are Illinois Tool Works competitors?

    Competitors of Illinois Tool Works include Siemens, ABB and General Electric.

  • 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 an office in Glenview.

  • How many offices does Illinois Tool Works have?

    Illinois Tool Works has 1 office.