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 |
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 |