- Previous Close
243.06 - Open
241.82 - Bid --
- Ask 382.88 x 900
- Day's Range
238.59 - 244.21 - 52 Week Range
217.50 - 271.15 - Volume
892,974 - Avg. Volume
1,071,432 - Market Cap (intraday)
71.407B - Beta (5Y Monthly) 1.11
- PE Ratio (TTM)
23.58 - EPS (TTM)
10.15 - Earnings Date Jul 30, 2024
- Forward Dividend & Yield 5.60 (2.34%)
- Ex-Dividend Date Jun 28, 2024
- 1y Target Est
246.51
Illinois Tool Works Inc. manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM and tiers, MRO, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, automotive aftermarket end, and other markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.
www.itw.com45,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Specialty Industrial Machinery
Industry
Recent News: ITW
View MorePerformance Overview: ITW
Trailing total returns as of 7/24/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: ITW
View MoreValuation Measures
Market Cap
71.41B
Enterprise Value
78.77B
Trailing P/E
23.60
Forward P/E
23.31
PEG Ratio (5yr expected)
2.50
Price/Sales (ttm)
4.50
Price/Book (mrq)
23.64
Enterprise Value/Revenue
4.90
Enterprise Value/EBITDA
16.97
Financial Highlights
Profitability and Income Statement
Profit Margin
19.07%
Return on Assets (ttm)
16.74%
Return on Equity (ttm)
100.03%
Revenue (ttm)
16.06B
Net Income Avi to Common (ttm)
3.06B
Diluted EPS (ttm)
10.15
Balance Sheet and Cash Flow
Total Cash (mrq)
959M
Total Debt/Equity (mrq)
275.57%
Levered Free Cash Flow (ttm)
2.68B
Research Analysis: ITW
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Research Reports: ITW
View MoreArgus Quick Note: Weekly Stock List for 05/20/2024: Companies Raising Guidance
Management's ability to "raise guidance" can often be a catalyst for market-beating returns in the quarters ahead. The first-quarter earnings season has crossed the 90% mark and is wrapping up, with blended earnings (actual results and the consensus for those still to report) showing a year-over-year gain of almost 7%, according to Refinitiv. That is considerably better than the 4%-7% advance expected at the start of the earnings period. Leading the outperformance were strong gains in Communication Services earnings, up 43%, and Consumer Discretionary, up 26%. On the flipside, Healthcare and Energy, both down 24%, are performing the worst. Our analysts are always on the lookout for companies that boost outlooks during earnings season, as this is often a signal for momentum in the months ahead. Here is an initial list of BUY-rated companies in the Argus Fundamental Universe of Coverage at which management raised guidance or increased its outlook during the 1Q24 EPS reporting season.
Recent weakness offers buying opportunity
Illinois Tool Works is a global manufacturer of engineered industrial products and equipment. The company's operations are divided into seven segments: Test & Measurement and Electronics, Automotive OEM, Polymers & Fluids, Food Equipment, Welding, Construction Products, and Specialty Products. The shares are a component of the S&P 500. The company has 45,000 employees.
RatingPrice TargetThe Nasdaq 100 (QQQ) rebounded to its 21-day exponential average and a 50%
The Nasdaq 100 (QQQ) rebounded to its 21-day exponential average and a 50% retracement of the recent pullback on Friday, April 26, and then stalled. As long as the index does not make a lower low, the next and more-important resistance is the breakdown level up at 435 -- which is also a 61.8% retracement and the location of the 50-day moving average. The two most-common pullbacks are a three-wave and a five-wave decline. It is still unclear what is currently in play, but we would lean toward a new pullback low.
ITW Earnings: Resilient First Quarter Despite Difficult Demand Environment
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 84 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. Europe, the Middle East, and Africa is the next largest contributor at about 25% of revenue. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
RatingPrice Target