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Illinois Tool Works Inc Stock Research

ITW

233.51USD+1.40(+0.60%)Market Closed
Watchlist

Market Summary

USD233.51+1.40
Market Closed
0.60%

ITW Stock Price

ITW RSI Chart

ITW Valuation

Market Cap

70.6B

Price/Earnings (Trailing)

22.76

Price/Sales (Trailing)

4.39

EV/EBITDA

17.6

Price/Free Cashflow

27.3

ITW Price/Sales (Trailing)

ITW Profitability

EBT Margin

23.99%

Return on Equity

99.52%

Return on Assets

19.38%

Free Cashflow Yield

3.66%

ITW Fundamentals

ITW Revenue

Revenue (TTM)

16.1B

Revenue Y/Y

1.57%

Revenue Q/Q

1.37%

ITW Earnings

Earnings (TTM)

3.1B

Earnings Y/Y

2.17%

Earnings Q/Q

5.6%

Price Action

52 Week Range

180.27264.19
(Low)(High)

Last 7 days

-2.0%

Last 30 days

-3.0%

Last 90 days

-3.6%

Trailing 12 Months

24.5%

ITW Financial Health

Current Ratio

1.2

ITW Investor Care

Dividend Yield

2.24%

Dividend/Share (TTM)

5.24

Buy Backs (1Y)

2.64%

Diluted EPS (TTM)

10.1

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for ITW

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-08
SANTI ERNEST SCOTT
gifted
-
-
-4,202
chairman & ceo
2023-08-04
Brutto Daniel J
acquired
17,264
246
70.00
-
2023-08-04
Ford Darrell L
acquired
34,998
246
141
-
2023-08-04
SMITH DAVID BYRON JR
acquired
38,722
246
157
-
2023-08-03
STROBEL PAMELA B
gifted
-
-
-102
-
2023-06-12
SCHEUNEMAN RANDALL J
sold
-1,297,820
239
-5,425
vp & chief accounting officer
2023-06-12
SCHEUNEMAN RANDALL J
acquired
533,060
98.26
5,425
vp & chief accounting officer
2023-05-05
Ford Darrell L
acquired
219,716
230
954
-
2023-05-05
SMITH DAVID BYRON JR
acquired
223,631
230
971
-
2023-05-05
CROWN SUSAN
acquired
184,939
230
803
-

1–10 of 50

Which funds bought or sold ITW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Jefferies Group LLC
new
-
451,625
451,625
-%
2023-09-21
Baystate Wealth Management LLC
added
0.59
8,235
256,190
0.02%
2023-09-20
BARCLAYS PLC
added
60.78
43,978,000
111,404,000
0.07%
2023-09-19
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
unchanged
-
26,219
977,482
0.41%
2023-09-13
CGC Financial Services, LLC
new
-
9,006
9,006
0.01%
2023-09-12
Farther Finance Advisors, LLC
reduced
-0.49
4,519
204,165
0.04%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
reduced
-48.84
-4,964
5,504
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
1,685,080
1,685,080
0.09%
2023-09-05
Covenant Partners, LLC
added
1.53
18,631
449,538
0.16%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
114
4,253
-%

1–10 of 46

Latest Funds Activity

Are funds buying ITW calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ITW
No. of Funds

Schedule 13G FIlings of Illinois Tool Works

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
briar hall management llc
8.6%
26,352,224
SC 13G/A
Feb 09, 2023
vanguard group inc
8.37%
25,720,512
SC 13G/A
Feb 01, 2023
blackrock inc.
6.9%
21,310,989
SC 13G/A
Jan 31, 2023
state farm mutual automobile insurance co
5.42%
16,635,608
SC 13G/A
Feb 10, 2022
vanguard group inc
8.19%
25,701,561
SC 13G/A
Feb 02, 2022
state farm mutual automobile insurance co
5.30%
16,638,272
SC 13G/A
Feb 01, 2022
blackrock inc.
6.9%
21,540,015
SC 13G/A
Jan 31, 2022
briar hall management llc
8.2%
25,831,684
SC 13G/A
Feb 12, 2021
northern trust corp
4.9%
15,562,357
SC 13G/A
Feb 10, 2021
vanguard group inc
8.03%
25,419,448
SC 13G/A

Recent SEC filings of Illinois Tool Works

View All Filings
Date Filed Form Type Document
Sep 12, 2023
4
Insider Trading
Sep 07, 2023
8-K
Current Report
Aug 08, 2023
4
Insider Trading
Aug 08, 2023
4
Insider Trading
Aug 08, 2023
4
Insider Trading
Aug 07, 2023
4
Insider Trading
Aug 04, 2023
S-3ASR
S-3ASR
Aug 04, 2023
10-Q
Quarterly Report
Aug 01, 2023
8-K
Current Report
Jun 27, 2023
11-K
Employee Benefit Details

Peers (Alternatives to Illinois Tool Works)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
70.6B
16.1B
-3.02% 24.49%
22.76
4.39
5.86% 17.15%
24.3B
6.5B
-5.84% 43.94%
40.13
4.1
16.93% 6.34%
18.7B
6.1B
-9.62% 0.49%
42.56
3.09
15.93% 12.85%
15.7B
-
-7.40% 2.97%
26.67
5.23
15.09% 14.53%
14.6B
2.2B
-4.72% 20.39%
29.93
6.72
5.84% 14.37%
MID-CAP
7.8B
3.2B
-2.25% 39.50%
18.41
2.48
11.48% 25.05%
5.7B
4.8B
-4.32% 17.78%
13.95
1.26
9.96% 15.37%
5.1B
4.0B
1.57% 53.13%
21.48
1.29
13.86% 149.05%
SMALL-CAP
1.2B
106.9M
-22.75% -10.96%
113.79
11.24
-0.30% -11.09%
822.3M
631.3M
1.65% 27.60%
37.99
1.3
51.20% -1.04%
176.8M
269.0M
-10.34% 20.09%
18.27
0.66
15.38% 145.94%
94.1M
285.3M
-3.33% -4.12%
-38.95
0.33
21.74% 78.41%
89.8M
497.6M
-10.33% -13.57%
-2.32
0.18
3.44% -162.21%

Illinois Tool Works News

MarketBeat
Harbor Investment Advisory LLC Purchases 5810 Shares of Illinois ....
MarketBeat,
19 hours ago

Returns for ITW

Cumulative Returns on ITW

14.0%


10-Year Cumulative Returns

12.6%


7-Year Cumulative Returns

11.9%


5-Year Cumulative Returns

8.4%


3-Year Cumulative Returns

Risks for ITW

What is the probability of a big loss on ITW?

45.4%


Probability that Illinois Tool Works stock will be more than 20% underwater in next one year

18.5%


Probability that Illinois Tool Works stock will be more than 30% underwater in next one year.

0%


Probability that Illinois Tool Works stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ITW drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Illinois Tool Works was unfortunately bought at previous high price.

Drawdowns

Financials for Illinois Tool Works

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue0.4%16,07516,01215,93215,64015,18514,85014,45514,25114,00212,89012,57412,56812,74013,78514,10914,22014,35414,57614,76814,81714,819
EBITDA-100.0%-4,3304,3213,9893,8363,8023,8053,8393,7753,0412,9102,9163,0193,4423,5093,5063,5113,5893,6513,6343,706
EBITDA Margin-100.0%-0.27*0.27*0.26*0.25*0.26*0.26*0.27*0.27*0.24*0.23*0.23*0.24*0.25*0.25*0.25*0.24*0.25*0.25*0.25*0.25*
Interest Expenses10.2%237215203196193198202205208207206205205209221233245254257260261
Earnings Before Taxes---3,8423,5133,3623,3223,3263,3583,2912,8342,7042,7112,8143,2333,2883,2733,2663,3353,3943,3743,445
EBT Margin-100.0%-0.24*0.24*0.22*0.22*0.22*0.23*0.24*0.24*0.22*0.22*0.22*0.22*0.23*0.23*0.23*0.23*0.23*0.23*0.23*0.23*
Net Income0.5%3,1023,0863,0342,7362,6482,6852,6942,7272,6702,2142,1092,1082,1862,4902,5212,4872,4652,5082,5631,8801,882
Net Income Margin-100.0%-0.19*0.19*0.17*0.17*0.18*0.19*0.19*0.19*0.17*0.17*0.17*0.17*0.18*0.18*0.17*0.17*0.17*0.17*0.13*0.13*
Free Cashflow-100.0%-2,3021,9361,9761,9121,9692,2612,2712,3542,5582,5712,5582,7572,6842,6692,7042,6172,5422,4472,3372,296
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-1.7%15,65215,92115,42215,22615,66616,28616,07715,51715,58015,66315,61214,94014,26314,14915,06814,96015,18715,32614,87015,31915,523
  Current Assets-4.2%6,4046,6886,2706,1966,3716,6826,3746,5776,5096,7046,5236,0315,6095,5066,2536,2456,2896,0755,7785,9406,119
    Cash Equivalents-19.3%9221,1437087748791,2961,5271,9872,0582,4842,5642,1691,8121,4301,9811,8251,6771,7551,5041,5891,628
  Inventory-3.9%1,9212,0002,0542,0071,9751,8831,6941,5241,4001,2921,1891,1491,1671,1851,1641,2091,2561,3461,3181,3381,320
  Net PPE0.8%1,9011,8851,8481,7051,7361,7951,8091,7441,7671,7461,7771,7361,7111,7041,7291,6931,7171,7651,7911,7991,783
  Goodwill0.1%4,8874,8844,8644,7594,8705,0084,9654,6104,6584,6324,6904,5914,4434,4014,4924,4304,5034,6214,6334,6554,675
  Current Liabilities-27.8%4,0405,5964,4604,3924,2943,8583,4702,9962,9602,6802,5892,5402,0422,0322,1542,2232,1883,9613,5423,6633,547
  Short Term Borrowings----1,6881,5251,0417785795923503503534.004.004.00------
  Long Term Debt--------6,9727,0567,5997,7727,5927,7657,6907,7547,6437,8095,9816,0296,0546,069
    LT Debt, Non Current26.1%6,9475,5106,1735,9406,1156,8176,909---7,772---7,754---6,029--
Shareholder's Equity-0.2%3,0943,1013,0893,0143,3793,5823,6263,4933,5213,2763,1822,6972,3582,2843,0302,9703,0953,2003,2583,5463,788
  Retained Earnings1.4%26,47326,11525,79925,29224,96724,60724,32524,09823,84223,42523,11422,83322,61222,63122,40322,10421,78821,48821,21720,93820,633
  Additional Paid-In Capital1.6%1,5501,5261,5011,4791,4641,4471,4321,4161,4021,3781,3621,3461,3171,3091,3041,2861,2701,2551,2531,2411,231
Shares Outstanding-0.5%302304305307311313313315316317317317316318320322325327328333337
Minority Interest0%1.001.001.001.001.001.001.001.001.002.001.001.001.001.004.004.004.004.004.004.003.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations10.5%3,0422,7532,3482,3112,2172,2712,5572,5562,6202,8022,8072,8083,0452,9932,9953,0302,9542,8892,8112,6972,633
  Share Based Compensation1.6%65.0064.0063.0060.0059.0058.0053.0052.0052.0044.0042.0040.0036.0040.0041.0041.0042.0041.0040.0040.0037.00
Cashflow From Investing2.7%-144-148-110-1,045-1,016-992-984-239-225-226-214-114-135-164-183-287-311-308-325-315-294
Cashflow From Financing-5.1%-2,833-2,696-3,000-2,382-2,309-2,459-2,564-2,515-2,213-1,596-2,049-2,366-2,731-3,078-2,326-2,462-2,552-2,651-3,964-3,483-3,177
  Dividend Payments1.2%1,5781,5601,5421,5221,5041,4841,4631,4401,4201,3981,3791,3631,3471,3351,3211,3091,2481,1861,1241,0591,021
  Buy Backs0%1,7501,7501,7501,5001,2501,1251,0007505002507061,0811,4561,8311,5001,6251,7501,8752,0001,7501,500

ITW Income Statement

2023-06-30
Statement of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Operating Revenue$ 4,074$ 4,011$ 8,093$ 7,950
Cost of revenue2,3442,3924,6854,749
Selling, administrative, and research and development expenses6906591,3651,311
Amortization and impairment of intangible assets30346169
Operating Income1,0109261,9821,821
Interest expense(69)(47)(129)(95)
Other income (expense)20243038
Income Before Taxes9619031,8831,764
Income Taxes207165415364
Net Income$ 754$ 738$ 1,468$ 1,400
Net Income Per Share:    
Basic (in dollars per share)$ 2.49$ 2.37$ 4.83$ 4.49
Diluted (in dollars per share)$ 2.48$ 2.37$ 4.81$ 4.48
Shares of Common Stock Outstanding During the Period:    
Average (in shares)303.3310.6304.1311.5
Average assuming dilution (in shares)304.2311.5305.2312.6

ITW Balance Sheet

2023-06-30
Statement of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets:  
Cash and equivalents$ 922$ 708
Trade receivables3,2163,171
Inventories1,9212,054
Prepaid expenses and other current assets345329
Assets held for sale08
Total current assets6,4046,270
Net plant and equipment1,9011,848
Goodwill4,8874,864
Intangible assets708768
Deferred income taxes500494
Other assets1,2521,178
Total assets15,65215,422
Current Liabilities:  
Short-term debt1,2751,590
Accounts payable590594
Accrued expenses1,6251,728
Cash dividends payable396400
Income taxes payable154147
Liabilities held for sale01
Total current liabilities4,0404,460
Noncurrent Liabilities:  
Long-term debt6,9476,173
Deferred income taxes451484
Noncurrent income taxes payable151273
Other liabilities969943
Total noncurrent liabilities8,5187,873
Stockholders' Equity:  
Common stock (par value of $0.01 per share): Issued- 550.0 shares in 2023 and 2022 Outstanding- 302.4 shares in 2023 and 305.0 shares in 202266
Additional paid-in-capital1,5501,501
Retained earnings26,47325,799
Common stock held in treasury(23,116)(22,377)
Accumulated other comprehensive income (loss)(1,820)(1,841)
Noncontrolling interest11
Total stockholders' equity3,0943,089
Total liabilities and stockholders' equity$ 15,652$ 15,422
Ernest S. Santi
45000
Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. 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 offers beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM/tiers, commercial food equipment, construction, general industrial, and automotive aftermarket end 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.