Illinois Tool Works revenue was $14.11 b in FY, 2019 which is a 4.5% year over year decrease from the previous period.
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
USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|
Revenue | 14.3b | 14.8b | 14.1b |
Revenue growth, % | 5% | 3% | (4%) |
Cost of goods sold | 8.3b | 8.6b | 8.2b |
Gross profit | 6.0b | 6.2b | 5.9b |
Gross profit Margin, % | 42% | 42% | 42% |
General and administrative expense | 2.4b | 2.4b | 2.4b |
Operating expense total | 2.5b | 2.6b | 2.5b |
Depreciation and amortization | 206.0m | ||
EBIT | 3.5b | 3.6b | 3.4b |
EBIT margin, % | 24% | 24% | 24% |
Interest expense | 260.0m | 257.0m | 221.0m |
Pre tax profit | 3.3b | 3.4b | 3.3b |
Income tax expense | 1.6b | 831.0m | 767.0m |
Net Income | 1.7b | 2.6b | 2.5b |
EPS | 4.9 | 7.6 | 7.7 |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Revenue | 3.7b | 3.8b | 3.6b | 3.6b | 3.6b | 3.5b | 3.2b | 2.6b | 3.3b |
Cost of goods sold | 2.2b | 2.2b | 2.1b | 2.1b | 2.1b | 2.0b | 1.9b | 1.6b | 1.9b |
Gross profit | 1.6b | 1.6b | 1.5b | 1.5b | 1.5b | 1.5b | 1.4b | 970.0m | 1.4b |
Gross profit Margin, % | 42% | 42% | 42% | 42% | 42% | 42% | 42% | 38% | 42% |
General and administrative expense | 612.0m | 620.0m | 581.0m | 611.0m | 598.0m | 566.0m | 560.0m | 486.0m | 560.0m |
Operating expense total | 660.0m | 668.0m | 628.0m | 654.0m | 639.0m | 604.0m | 596.0m | 521.0m | 608.0m |
EBIT | 903.0m | 932.0m | 889.0m | 839.0m | 871.0m | 868.0m | 761.0m | 449.0m | 789.0m |
EBIT margin, % | 24% | 24% | 25% | 24% | 24% | 25% | 24% | 18% | 24% |
Interest expense | 66.0m | 64.0m | 64.0m | 63.0m | 55.0m | 52.0m | 51.0m | 51.0m | 52.0m |
Interest income | 2.0m | ||||||||
Pre tax profit | 849.0m | 894.0m | 835.0m | 790.0m | 825.0m | 842.0m | 735.0m | 406.0m | 739.0m |
Income tax expense | 197.0m | 228.0m | 197.0m | 193.0m | 202.0m | 182.0m | 169.0m | 87.0m | 157.0m |
Net Income | 652.0m | 666.0m | 638.0m | 597.0m | 623.0m | 660.0m | 566.0m | 319.0m | 582.0m |
EPS | 0.8 | 2.0 | 1.9 | 1.8 | 1.9 | 2.0 | 1.8 | 1.0 |
USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|
Cash | 3.1b | 1.5b | 2.0b |
Accounts Receivable | 2.6b | 2.6b | 2.5b |
Prepaid Expenses | 336.0m | 334.0m | 296.0m |
Inventories | 1.2b | 1.3b | 1.2b |
Current Assets | 7.3b | 5.8b | 6.3b |
PP&E | 1.8b | 1.8b | 1.7b |
Goodwill | 4.8b | 4.6b | 4.5b |
Total Assets | 16.8b | 14.9b | 15.1b |
Accounts Payable | 590.0m | 524.0m | 472.0m |
Short-term debt | 850.0m | 1.4b | 4.0m |
Current Liabilities | 3.1b | 3.5b | 2.2b |
Long-term debt | 7.5b | 6.0b | 7.8b |
Non-Current Liabilities | 9.1b | 8.1b | 9.9b |
Total Debt | 8.3b | 7.4b | 7.8b |
Common Stock | 6.0m | 6.0m | 6.0m |
Additional Paid-in Capital | 1.2b | 1.3b | 1.3b |
Retained Earnings | 20.2b | 21.2b | 22.4b |
Total Equity | 4.6b | 3.3b | 3.0b |
Debt to Equity Ratio | 1.8 x | 2.3 x | 2.6 x |
Debt to Assets Ratio | 0.5 x | 0.5 x | 0.5 x |
Financial Leverage | 3.7 x | 4.6 x | 5 x |
USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|
Net Income | 1.7b | 2.6b | 2.5b |
Depreciation and Amortization | 462.0m | 461.0m | 426.0m |
Accounts Receivable | (138.0m) | (60.0m) | 40.0m |
Inventories | (81.0m) | (108.0m) | 98.0m |
Accounts Payable | 39.0m | (46.0m) | (16.0m) |
Cash From Operating Activities | 2.4b | 2.8b | 3.0b |
Purchases of PP&E | (297.0m) | (364.0m) | (326.0m) |
Cash From Investing Activities | (251.0m) | (325.0m) | (183.0m) |
Short-term Borrowings | (850.0m) | (1.0m) | |
Long-term Borrowings | (652.0m) | (1.0m) | |
Dividends Paid | (941.0m) | (1.1b) | (1.3b) |
Cash From Financing Activities | (1.7b) | (4.0b) | (2.3b) |
Net Change in Cash | 622.0m | (1.6b) | 477.0m |
Interest Paid | 240.0m | 247.0m | 223.0m |
Income Taxes Paid | 501.0m | 838.0m | 742.0m |
USD | FY, 2017 |
---|---|
EV/EBIT | 17.9 x |
EV/CFO | 26 x |
Revenue/Employee | 286.3k |
Debt/Equity | 1.8 x |
Debt/Assets | 0.5 x |
Financial Leverage | 3.7 x |
P/E Ratio | 34.2 |