Illinois Tool Works Inc. (N:ITW)

Sector:  Consumer Non-Cyclicals Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 155 Harlem Ave, 3600 WEST LAKE AVE
GLENVIEW IL 60026-1215
Tel: 1-224-6617481
Website: https://www.itw.com
IR: See website
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Key People
Christopher A. O'Herlihy
President, Chief Executive Officer, Director
Michael R. Zimmerman
Executive Vice President
Michael M. Larsen
Chief Financial Officer, Senior Vice President
Mary Katherine Lawler
Chief Human Resources Officer, Senior Vice President
Axel R.J. Beck
Executive Vice President
Javier Gracia Carbonell
Executive Vice President
Kenneth Escoe
Executive Vice President
Patricia A. Hartzell
Executive Vice President
Guilherme Silva
Executive Vice President
Sharon A. Szafranski
Executive Vice President
   
Business Overview
Illinois Tool Works Inc. is a global manufacturer of a diversified range of industrial products and equipment. The Company's segments include Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products, and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Food Equipment segment produces ware washing equipment, cooking equipment, refrigeration equipment, food processing equipment, kitchen exhaust, ventilation and pollution control systems and others. Its Welding segment produces arc welding equipment and metal arc welding consumables and related accessories. The Specialty Products segment offers conveyor systems and line automation for the food and beverage industries; plastic consumables that multi-pack cans and bottles and related equipment; airport ground support equipment; components for medical devices, and others.
Financial Overview
For the fiscal year ended 31 December 2023, Illinois Tool Works Inc. revenues increased 1% to $16.11B. Net income decreased 3% to $2.96B. Revenues reflect Automotive OEM segment increase of 9% to $3.24B, Food Equipment segment increase of 7% to $2.62B, Welding segment increase of less than 1% to $1.9B, Europe,Middle East,Africa (Region) segment increase of 6% to $4.15B, Canada segment increase of 5% to $1.15B.
Employees: 45,000 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $81,977M as of Dec 31, 2023
Annual revenue (TTM): $16,107M as of Dec 31, 2023
EBITDA (TTM): $4,435M as of Dec 31, 2023
Net annual income (TTM): $2,957M as of Dec 31, 2023
Free cash flow (TTM): $1,469M as of Dec 31, 2023
Net Debt Last Fiscal Year: $7,099M as of Dec 31, 2023
Shares outstanding: 298,745,236 as of Mar 4, 2024
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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