ITW - Illinois Tool Works Inc Stock Price, Fair Value and News

253.96USD+0.45 (+0.18%)Market Closed

Market Summary

USD253.96+0.45

Market Closed

0.18%

ITW Alerts

1 major insider sales recently.

ITW Stock Price

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ITW RSI Chart

ITW Valuation

Market Cap

75.9B

Price/Earnings (Trailing)

25.66

Price/Sales (Trailing)

4.71

EV/EBITDA

18.62

Price/Free Cashflow

24.61

ITW Price/Sales (Trailing)

ITW Profitability

EBT Margin

23.87%

Return on Equity

98.14%

Return on Assets

19.06%

Free Cashflow Yield

4.06%

ITW Fundamentals

ITW Revenue

Revenue (TTM)

16.1B

Rev. Growth (Yr)

0.3%

Rev. Growth (Qtr)

-1.19%

ITW Earnings

Earnings (TTM)

3.0B

Earnings Growth (Yr)

-20.95%

Earnings Growth (Qtr)

-7.12%

Breaking Down ITW Revenue

Last 7 days

-3.1%

Last 30 days

-4.9%

Last 90 days

0.1%

Trailing 12 Months

9.8%

How does ITW drawdown profile look like?

ITW Financial Health

Current Ratio

1.33

Debt/Equity

2.1

Debt/Cashflow

0.56

ITW Investor Care

Dividend Yield

2.13%

Dividend/Share (TTM)

5.42

Buy Backs (1Y)

2.05%

Diluted EPS (TTM)

9.74

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	16.0B	16.1B	16.1B	16.1B
2022	14.8B	15.2B	15.6B	15.9B
2021	12.9B	14.0B	14.3B	14.5B
2020	13.8B	12.7B	12.6B	12.6B
2019	14.6B	14.4B	14.2B	14.1B
2018	14.6B	14.8B	14.8B	14.8B
2017	13.8B	14.0B	14.1B	14.3B
2016	13.3B	13.3B	13.5B	13.6B
2015	14.3B	14.0B	13.6B	13.4B
2014	14.3B	14.4B	14.5B	14.5B
2013	14.5B	13.6B	13.4B	14.1B
2012	14.6B	14.4B	13.6B	15.4B
2011	16.0B	16.7B	17.3B	14.5B
2010	14.2B	14.7B	15.1B	15.5B
2009	16.1B	15.0B	14.1B	13.6B
2008	0	16.4B	16.8B	17.1B
2007	0	0	0	16.1B

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

Tracking the Latest Insider Buys and Sells of Illinois Tool Works Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 14, 2024	larsen michael m	acquired	6,071,600	163	37,167	svp & cfo
Mar 14, 2024	larsen michael m	sold	-9,851,480	265	-37,167	svp & cfo
Feb 28, 2024	lawler mary katherine	sold	-3,056,170	262	-11,647	svp & chief hr officer
Feb 28, 2024	lawler mary katherine	acquired	1,490,820	128	11,647	svp & chief hr officer
Feb 12, 2024	larsen michael m	sold (taxes)	-1,391,330	256	-5,426	svp & cfo
Feb 12, 2024	escoe t. kenneth	sold (taxes)	-224,880	256	-877	executive vice president
Feb 12, 2024	santi ernest scott	acquired	5,846,530	62.9017	92,947	chairman
Feb 12, 2024	szafranski sharon	sold	-205,392	256	-801	executive vice president
Feb 12, 2024	o'herlihy christopher a	acquired	-	-	13,209	president & ceo
Feb 12, 2024	santi ernest scott	sold (taxes)	-5,369,950	256	-20,942	chairman

Which funds bought or sold ITW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Mechanics Bank Trust Department	reduced	-10.29	-114,245	1,296,300	0.19%
Apr 12, 2024	Carlson Capital Management	sold off	-100	-551,908	-	-%
Apr 12, 2024	Financial Synergies Wealth Advisors, Inc.	unchanged	-	2,498	13,954	-%
Apr 12, 2024	First PREMIER Bank	added	114	4,000	8,000	-%
Apr 12, 2024	Annex Advisory Services, LLC	reduced	-6.59	-12,602	273,937	0.01%
Apr 12, 2024	GATEWAY INVESTMENT ADVISERS LLC	added	43.89	225,463	701,146	0.01%
Apr 12, 2024	HARBOR INVESTMENT ADVISORY, LLC	added	0.15	8,428	249,722	0.03%
Apr 12, 2024	West Coast Financial LLC	reduced	-0.56	224,242	12,270,500	1.49%
Apr 12, 2024	Range Financial Group LLC	unchanged	-	21,630	908,297	0.47%
Apr 12, 2024	TILIA FIDUCIARY PARTNERS, INC.	reduced	-1.31	4,256	382,720	0.31%

Are Funds Buying or Selling ITW?

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

ITW Alerts

1 major insider sales recently.

Unveiling Illinois Tool Works Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.69%	26,158,849	SC 13G/A
Feb 12, 2024	state farm mutual automobile insurance co	5.53%	16,632,273	SC 13G/A
Feb 05, 2024	briar hall management llc	8.7%	26,157,274	SC 13G/A
Jan 26, 2024	blackrock inc.	7.0%	21,203,045	SC 13G/A
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

Recent SEC filings of Illinois Tool Works Inc

View All Filings

Date Filed	Form Type	Document
Mar 25, 2024	DEFA14A	DEFA14A
Mar 22, 2024	DEF 14A	DEF 14A
Mar 22, 2024	DEFA14A	DEFA14A
Mar 18, 2024	4	Insider Trading
Mar 14, 2024	144	Notice of Insider Sale Intent
Mar 01, 2024	4	Insider Trading
Feb 28, 2024	144	Notice of Insider Sale Intent
Feb 14, 2024	4	Insider Trading
Feb 14, 2024	4	Insider Trading
Feb 14, 2024	4	Insider Trading

Peers (Alternatives to Illinois Tool Works Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	185.9B	67.1B	4.91%	62.74%	17.99	2.77	12.84%	54.12%
GE	167.3B	68.0B	-8.99%	61.05%	17.65	2.46	16.96%	2688.24%
CMI	42.0B	34.1B	7.61%	26.60%	49.95	1.23	21.34%	-61.52%
AME	41.4B	6.6B	-1.34%	29.44%	31.5	6.27	7.26%	13.25%
ACM	12.7B	14.9B	2.29%	13.25%	206.11	0.86	12.31%	-81.65%
MID-CAP
APG	9.6B	6.9B	3.23%	84.85%	62.68	1.38	5.64%	109.59%
FLR	6.9B	15.5B	4.34%	32.65%	49.68	0.44	12.59%	-4.48%
FLS	6.1B	4.3B	4.86%	39.56%	32.6	1.41	19.51%	-1.03%
ACA	3.9B	2.3B	-1.62%	34.00%	24.51	1.69	2.90%	-35.23%
ALG	2.6B	1.7B	4.91%	21.82%	18.98	1.53	11.63%	33.59%
SMALL-CAP
AMRC	1.0B	1.4B	-5.55%	-56.18%	16.75	0.76	-24.65%	-34.19%
NKLA	868.1M	35.8M	1.56%	-20.73%	-0.9	24.22	-27.93%	-23.21%
AGX	789.2M	573.3M	21.73%	53.04%	24.39	1.38	26.00%	-2.24%
AMSC	370.7M	135.4M	-14.16%	185.11%	-22.6	2.74	-25.90%	65.37%
ADES	250.6M	99.2M	33.22%	314.29%	-20.46	2.53	-3.69%	-37.37%

Illinois Tool Works Inc News

Latest updates

Illinois Tool Works Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.2%	3,983	4,031	4,074	4,019	3,971	4,011	4,011	3,939	3,679	3,556	3,676	3,544	3,475	3,307	2,564	3,228	3,469	3,479	3,609	3,552	3,580
EBITDA Margin	0.5%	0.27*	0.27*	0.27*	0.27*	0.27*	0.26*	0.25*	0.26*	0.26*	0.27*	0.27*	0.26*	0.25*	0.25*	0.26*	0.27*	0.27*	0.27*	0.26*	0.26*	-
Interest Expenses	4.5%	70.00	67.00	69.00	60.00	56.00	52.00	47.00	48.00	49.00	49.00	52.00	52.00	52.00	52.00	51.00	51.00	51.00	52.00	55.00	63.00	63.00
Income Taxes	-12.9%	210	241	207	208	214	230	165	199	183	167	88.00	194	182	157	87.00	169	190	182	202	193	209
Earnings Before Taxes	-	-	-	-	-	1,121	957	903	861	792	806	863	865	824	739	406	735	831	842	825	790	816
EBT Margin	0%	0.24*	0.24*	0.24*	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*	-
Net Income	-7.1%	717	772	754	714	907	727	738	662	609	639	775	671	642	582	319	566	641	660	623	597	607
Net Income Margin	-6.1%	0.18*	0.20*	0.19*	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*	-	-
Free Cashflow	6.1%	908	856	705	615	655	612	420	249	695	548	477	541	705	631	681	554	692	830	608	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.8%	15,518	15,395	15,652	15,921	15,422	15,226	15,666	16,286	16,077	15,517	15,580	15,663	15,612	14,940	14,263	14,149	15,068	14,960	15,187	15,326	14,870
Current Assets	-0.8%	6,235	6,288	6,404	6,688	6,270	6,196	6,371	6,682	6,374	6,577	6,509	6,704	6,523	6,031	5,609	5,506	6,253	6,245	6,289	6,075	5,778
Cash Equivalents	7.6%	1,065	990	922	1,143	708	774	879	1,296	1,527	1,987	2,058	2,484	2,564	2,169	1,812	1,430	1,981	1,825	1,677	1,755	1,504
Inventory	-5.1%	1,707	1,799	1,921	2,000	2,054	2,007	1,975	1,883	1,694	1,524	1,400	1,292	1,189	1,149	1,167	1,185	1,164	1,209	1,256	1,346	1,318
Net PPE	3.8%	1,976	1,904	1,901	1,885	1,848	1,705	1,736	1,795	1,809	1,744	1,767	1,746	1,777	1,736	1,711	1,704	1,729	1,693	1,717	1,765	1,791
Goodwill	1.7%	4,909	4,828	4,887	4,884	4,864	4,759	4,870	5,008	4,965	4,610	4,658	4,632	4,690	4,591	4,443	4,401	4,492	4,430	4,503	4,621	4,633
Current Liabilities	17.4%	4,675	3,982	4,040	5,596	4,460	4,392	4,294	3,858	3,470	2,996	2,960	2,680	2,589	2,540	2,042	2,032	2,154	2,223	2,188	3,961	3,542
Short Term Borrowings	-	-	-	-	-	-	1,688	1,525	1,041	778	579	592	350	350	353	4.00	4.00	4.00	-	-	-	-
Long Term Debt	-7.0%	6,339	6,818	6,947	5,510	6,173	5,940	6,115	6,817	6,909	6,972	7,056	7,599	7,772	7,592	7,765	7,690	7,754	7,643	7,809	5,981	6,029
LT Debt, Non Current	-7.0%	6,339	6,818	6,947	5,510	6,173	5,940	6,115	6,817	6,909	-	-	-	7,772	-	-	-	7,754	-	-	-	6,029
Shareholder's Equity	0.3%	3,013	3,004	3,094	3,101	3,089	3,014	3,379	3,582	3,626	3,493	3,521	3,276	3,182	2,697	2,358	2,284	3,030	2,970	3,095	3,200	3,258
Retained Earnings	1.1%	27,122	26,823	26,473	26,115	25,799	25,292	24,967	24,607	24,325	24,098	23,842	23,425	23,114	22,833	22,612	22,631	22,403	22,104	21,788	21,488	21,217
Additional Paid-In Capital	1.2%	1,588	1,569	1,550	1,526	1,501	1,479	1,464	1,447	1,432	1,416	1,402	1,378	1,362	1,346	1,317	1,309	1,304	1,286	1,270	1,255	1,253
Shares Outstanding	-0.5%	299	301	302	304	305	309	312	313	313	316	316	317	317	317	317	318	320	325	325	-	-
Minority Interest	0%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	1.00	1.00	1.00	1.00	4.00	4.00	4.00	4.00	4.00
Float	-	-	-	75,100	-	-	-	56,300	-	-	-	70,100	-	-	-	55,100	-	-	-	45,600	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	5.8%	1,039	982	790	728	811	713	501	323	774	619	555	609	773	683	737	614	774	920	685	616	809
Share Based Compensation	0%	17.00	17.00	18.00	17.00	15.00	15.00	17.00	16.00	12.00	14.00	16.00	11.00	11.00	14.00	8.00	9.00	9.00	10.00	12.00	10.00	9.00
Cashflow From Investing	-16.5%	-120	-103	-69.00	-111	127	-91.00	-73.00	-73.00	-808	-62.00	-49.00	-65.00	-63.00	-48.00	-50.00	-53.00	37.00	-69.00	-79.00	-72.00	-67.00
Cashflow From Financing	-11.3%	-877	-788	-932	-185	-1,035	-681	-795	-489	-417	-608	-945	-594	-368	-306	-328	-1,047	-685	-671	-675	-295	-821
Dividend Payments	6.3%	421	396	398	400	403	377	380	382	383	359	360	361	360	339	338	342	344	323	326	328	332
Buy Backs	0%	375	375	375	375	500	500	375	375	250	250	250	250	-	-	-	706	375	375	375	375	500

ITW Income Statement

2023-12-31

Statement of Income - USD ($) $ in Millions	12 Months Ended
Statement of Income - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Operating Revenue	$ 16,107	$ 15,932	$ 14,455
Cost of revenue	9,316	9,429	8,489
Selling, administrative, and research and development expenses	2,638	2,579	2,356
Amortization and impairment of intangible assets	113	134	133
Operating Income	4,040	3,790	3,477
Interest expense	(266)	(203)	(202)
Other income (expense)	49	255	51
Income Before Taxes	3,823	3,842	3,326
Income taxes	866	808	632
Net Income	$ 2,957	$ 3,034	$ 2,694
Net Income Per Share:
Basic (in dollars per share)	$ 9.77	$ 9.80	$ 8.55
Diluted (in dollars per share)	$ 9.74	$ 9.77	$ 8.51

ITW Balance Sheet

2023-12-31

Statement of Financial Position - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and equivalents	$ 1,065	$ 708
Trade receivables	3,123	3,171
Inventories	1,707	2,054
Prepaid expenses and other current assets	340	329
Assets held for sale	0	8
Total current assets	6,235	6,270
Net plant and equipment	1,976	1,848
Goodwill	4,909	4,864
Intangible assets	657	768
Deferred income taxes	479	494
Other assets	1,262	1,178
Total Assets	15,518	15,422
Current Liabilities:
Short-term debt	1,825	1,590
Accounts payable	581	594
Accrued expenses	1,663	1,728
Cash dividends payable	419	400
Income taxes payable	187	147
Liabilities held for sale	0	1
Total current liabilities	4,675	4,460
Noncurrent Liabilities:
Long-term debt	6,339	6,173
Deferred income taxes	326	484
Noncurrent income taxes payable	151	273
Other liabilities	1,014	943
Total noncurrent liabilities	7,830	7,873
Common stock (Authorized- 700.0 shares; par value of $0.01 per share):
Common stock Common stock (Authorized- 700.0 shares; par value of $0.01 per share): Issued- 550.0 shares in 2023 and 2022 Outstanding- 299.3 shares in 2023 and 305.0 shares in 2022	6	6
Additional paid-in-capital	1,588	1,501
Retained earnings	27,122	25,799
Common stock held in treasury	(23,870)	(22,377)
Accumulated other comprehensive income (loss)	(1,834)	(1,841)
Noncontrolling interest	1	1
Total stockholders' equity	3,013	3,089
Total liabilities and stockholders' equity	$ 15,518	$ 15,422

About Illinois Tool Works Inc

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.

CEO	Mr. E. Scott Santi
WEBSITE	itw.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	46000

Illinois Tool Works Inc Frequently Asked Questions

What is the ticker symbol for Illinois Tool Works Inc? What does ITW stand for in stocks?

ITW is the stock ticker symbol of Illinois Tool Works Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Illinois Tool Works Inc (ITW)?

As of Mon Apr 15 2024, market cap of Illinois Tool Works Inc is 75.88 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ITW stock?

You can check ITW's fair value in chart for subscribers.

What is the fair value of ITW stock?

You can check ITW's fair value in chart for subscribers. The fair value of Illinois Tool Works Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Illinois Tool Works Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ITW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Illinois Tool Works Inc a good stock to buy?

The fair value guage provides a quick view whether ITW is over valued or under valued. Whether Illinois Tool Works Inc is cheap or expensive depends on the assumptions which impact Illinois Tool Works Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ITW.

What is Illinois Tool Works Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, ITW's PE ratio (Price to Earnings) is 25.66 and Price to Sales (PS) ratio is 4.71. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ITW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Illinois Tool Works Inc's stock?

In the past 10 years, Illinois Tool Works Inc has provided 0.139 (multiply by 100 for percentage) rate of return.