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Illinois Tool Works

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, USMap
Websiteitw.com
View Jobs (148)

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Latest Updates

Employees (est.) (Dec 2019)45,000(-6%)
Job Openings148
Revenue (FY, 2019)$14.1 B(-4%)
Share Price (Jul 2020)$173.3
Cybersecurity ratingAMore

Key People/Management at Illinois Tool Works

E. Scott Santi

E. Scott Santi

Chairman & Chief Executive Officer
Susan M. Crown

Susan M. Crown

Director
Daniel J. Brutto

Daniel J. Brutto

Director
Jay L. Henderson

Jay L. Henderson

Director
Axel R. J. Beck

Axel R. J. Beck

Executive Vice President
Norman D. Finch

Norman D. Finch

Senior Vice President, General Counsel & Secretary
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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 $14.11 b in FY, 2019
USD

Revenue (FY, 2019)

14.1b

Gross profit (FY, 2019)

5.9b

Gross profit margin (FY, 2019), %

42%

Net income (FY, 2019)

2.5b

EBIT (FY, 2019)

3.4b

Market capitalization (9-Jul-2020)

54.7b

Closing stock price (9-Jul-2020)

173.3

Cash (31-Dec-2019)

2.0b

EV

60.5b
Illinois Tool Works's current market capitalization is $54.7 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

14.1b14.5b13.4b13.6b14.3b14.8b14.1b

Revenue growth, %

2%(7%)1%5%

Cost of goods sold

8.6b8.7b7.9b7.9b8.3b8.6b8.2b

Gross profit

5.6b5.8b5.5b5.7b6.0b6.2b5.9b
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

42%42%43%42%42%42%42%42%42%42%42%42%42%
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.2b1.2b2.8b3.6b4.0b3.1b2.5b3.1b1.5b2.0b

Accounts Receivable

2.7b2.8b2.7b2.4b2.3b2.2b2.4b2.6b2.6b2.5b

Prepaid Expenses

136.5m384.5m522.0m366.0m401.0m341.0m218.0m336.0m334.0m296.0m

Inventories

1.5b1.7b1.6b1.2b1.2b1.1b1.1b1.2b1.3b1.2b
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.4b1.3b1.6b1.1b1.2b1.3b1.3b1.7b2.1b2.7b2.8b3.0b3.5b5.3b4.8b2.7b2.9b3.0b2.4b2.4b2.3b2.5b2.5b2.8b1.9b1.6b1.6b1.8b1.7b1.8b

Accounts Receivable

2.5b2.6b2.6b3.0b3.1b3.0b3.1b3.2b3.1b2.8b2.9b2.5b2.6b2.6b2.5b2.4b2.4b2.3b2.4b2.4b2.5b2.5b2.6b2.7b2.8b2.7b2.6b2.5b

Prepaid Expenses

507.4m498.1m360.0m449.0m364.0m486.0m452.0m421.0m345.0m284.0m282.0m253.0m387.0m287.0m265.0m254.0m223.0m245.0m246.0m230.0m236.0m259.0m288.0m292.0m

Inventories

1.4b1.5b1.5b1.8b1.9b1.8b1.8b1.8b1.8b1.5b1.5b1.3b1.3b1.3b1.3b1.2b1.2b1.2b1.1b1.1b1.2b1.2b1.2b1.2b1.3b1.3b1.3b1.3b1.3b1.2b
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.5b2.1b2.9b1.7b2.9b1.9b2.0b1.7b2.6b2.5b

Depreciation and Amortization

334.4m336.5m323.0m477.0m470.0m462.0m272.0m267.0m

Inventories

(177.8m)(50.6m)82.0m24.0m(10.0m)25.0m9.0m(81.0m)(108.0m)98.0m

Accounts Payable

69.5m(55.0m)(21.0m)8.0m(20.0m)(30.0m)(3.0m)39.0m(46.0m)(16.0m)
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

294.3m715.1m1.1b623.1m1.1b1.6b486.0m1.4b1.9b354.0m819.0m1.3b473.0m2.0b2.5b458.0m938.0m1.4b468.0m993.0m1.5b536.0m1.1b1.8b652.0m1.3b2.0b597.0m1.2b1.9b

Depreciation and Amortization

136.8m167.3m248.7m82.9m166.9m253.0m81.0m162.0m242.0m76.0m154.0m415.0m130.0m259.0m202.0m59.0m119.0m180.0m58.0m118.0m182.0m61.0m123.0m188.0m67.0m135.0m203.0m67.0m133.0m199.0m

Inventories

102.7m(168.5m)(223.3m)(81.8m)(193.7m)(128.7m)(43.0m)(46.0m)(7.0m)(38.0m)(33.0m)(36.0m)(49.0m)(55.0m)(62.0m)(58.0m)(48.0m)(32.0m)(29.0m)(54.0m)(47.0m)(67.0m)(82.0m)(93.0m)(68.0m)(95.0m)(122.0m)(32.0m)11.0m31.0m

Accounts Payable

38.0m89.9m62.8m93.4m90.9m19.6m75.0m73.0m30.0m94.0m75.0m43.0m(5.0m)(22.0m)24.0m62.0m40.0m13.0m45.0m68.0m23.0m56.0m47.0m41.0m55.0m47.0m3.0m48.0m20.0m15.0m
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USDQ1, 2010

Financial Leverage

1.8 x
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Illinois Tool Works Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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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

Illinois Tool Works's Trends

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Illinois Tool Works News and Updates

July 26, 2019

Illinois Tool Works shares slump premarket after earnings miss and lowered guidance

Illinois Toll Works Inc. shares slid 3.4% in premarket trade Friday, after the company missed profit and revenue estimates for the second quarter and lowered guidance to reflect soft demand. The Glenview, Ill.-based maker of industrial equipment said it had net income of $623 million, or $1.91 a sh…
February 01, 2019

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…
January 16, 2019

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
January 10, 2019

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
December 21, 2018

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 …
December 07, 2018

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…
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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, Susan M. Crown and Daniel J. Brutto.

  • How many employees does Illinois Tool Works have?

    Illinois Tool Works has 45,000 employees.

  • What is Illinois Tool Works revenue?

    Latest Illinois Tool Works annual revenue is $14.1 b.

  • What is Illinois Tool Works revenue per employee?

    Latest Illinois Tool Works revenue per employee is $313.5 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.