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

247.39USD+0.25 (+0.10%)Market Closed

Market Summary

USD247.39+0.25

Market Closed

0.10%

ITW Stock Price

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ITW RSI Chart

ITW Valuation

Market Cap

73.7B

Price/Earnings (Trailing)

24.08

Price/Sales (Trailing)

4.59

EV/EBITDA

17.62

Price/Free Cashflow

24.89

ITW Price/Sales (Trailing)

ITW Profitability

EBT Margin

23.92%

Return on Equity

101.36%

Return on Assets

19.56%

Free Cashflow Yield

4.02%

ITW Fundamentals

ITW Revenue

Revenue (TTM)

16.1B

Rev. Growth (Yr)

-1.14%

Rev. Growth (Qtr)

-0.25%

ITW Earnings

Earnings (TTM)

3.1B

Earnings Growth (Yr)

14.71%

Earnings Growth (Qtr)

14.23%

Breaking Down ITW Revenue

52 Week Range

217.06264.19

(Low)(High)

Last 7 days

1.2%

Last 30 days

-6.0%

Last 90 days

-2.7%

Trailing 12 Months

8.1%

How does ITW drawdown profile look like?

ITW Financial Health

Current Ratio

1.32

Debt/Equity

2.07

Debt/Cashflow

0.54

ITW Investor Care

Dividend Yield

2.23%

Dividend/Share (TTM)

5.51

Buy Backs (1Y)

1.81%

Diluted EPS (TTM)

10.14

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	16.1B	0	0	0
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

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

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	strobel pamela b	acquired	184,861	243	758	-
May 03, 2024	grier kelly j	acquired	184,861	243	758	-
May 03, 2024	crown susan	acquired	184,861	243	758	-
May 03, 2024	brutto daniel j	acquired	184,861	243	758	-
May 03, 2024	lenny richard h	acquired	184,861	243	758	-
May 03, 2024	henderson jay l	acquired	184,861	243	758	-
May 03, 2024	griffith james w	acquired	184,861	243	758	-
May 03, 2024	santi ernest scott	acquired	481,663	243	1,975	chairman
May 03, 2024	smith david byron jr	acquired	223,394	243	916	-
May 03, 2024	ford darrell l	acquired	219,736	243	901	-

Which funds bought or sold ITW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Integrated Advisors Network LLC	added	2.5	67,721	1,421,100	0.07%
May 06, 2024	Valmark Advisers, Inc.	reduced	-0.2	52,949	2,421,410	0.04%
May 06, 2024	AIA Group Ltd	sold off	-100	-521,784	-	-%
May 06, 2024	GREAT VALLEY ADVISOR GROUP, INC.	added	96.87	527,916	1,047,540	0.03%
May 06, 2024	NewEdge Wealth, LLC	added	28.98	203,503	1,264,590	0.03%
May 06, 2024	Petix & Botte Co	sold off	-100	-204,314	-	-%
May 06, 2024	GRANDFIELD & DODD, LLC	reduced	-0.06	1,006,500	43,310,300	2.73%
May 06, 2024	Merit Financial Group, LLC	added	18.13	209,273	2,301,400	0.06%
May 06, 2024	Roundview Capital LLC	new	-	204,736	204,736	0.02%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	141	5,904	-%

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

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
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 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
GE	184.9B	69.5B	8.06%	67.36%	52.66	2.66	16.04%	-60.91%
CAT	170.3B	67.0B	-9.08%	60.56%	15.15	2.54	8.59%	58.17%
CMI	39.3B	34.0B	-4.51%	28.32%	19.04	1.15	12.85%	-19.64%
AME	39.3B	6.7B	-6.90%	16.98%	29.78	5.83	7.11%	10.53%
ACM	12.7B	15.3B	-4.38%	12.87%	-919.7	0.83	13.36%	-103.70%
MID-CAP
APG	10.4B	6.9B	-3.72%	71.49%	60.31	1.5	3.19%	62.26%
FLR	6.6B	15.5B	-9.24%	41.30%	21.65	0.43	7.53%	3145.00%
FLS	6.4B	4.4B	1.21%	34.95%	27.24	1.44	17.31%	1.26%
ACA	4.3B	2.4B	5.11%	29.61%	29.91	1.81	4.48%	-49.27%
ALG	2.3B	1.7B	-11.20%	6.69%	17.34	1.37	8.96%	15.52%
SMALL-CAP
AMRC	1.2B	1.4B	-1.11%	-47.47%	19.9	0.83	-13.54%	-25.70%
AGX	860.7M	573.3M	29.46%	61.61%	26.6	1.5	26.00%	-2.24%
NKLA	813.9M	35.8M	-41.18%	-39.08%	-0.86	22.71	-27.93%	-18.06%
AMSC	415.9M	135.4M	5.46%	246.92%	-25.36	3.07	-25.90%	65.37%
ADES	260.9M	99.2M	23.04%	300.51%	-21.3	2.63	-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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.3%	3,973	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
EBITDA Margin	0.5%	0.27*	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*	-	-
Interest Expenses	1.4%	71.00	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
Income Taxes	20.5%	253	210	241	207	208	214	230	165	199	183	167	88.00	194	182	157	87.00	169	190	182	202	193
Earnings Before Taxes	-	-	-	-	-	-	1,121	957	903	861	792	806	863	865	824	739	406	735	831	842	825	790
EBT Margin	0.3%	0.24*	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*	-	-
Net Income	14.2%	819	717	772	754	714	907	727	738	662	609	639	775	671	642	582	319	566	641	660	623	597
Net Income Margin	3.8%	0.19*	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*	-	-
Free Cashflow	-45.6%	494	908	856	705	615	655	612	420	249	695	548	477	541	705	631	681	554	692	830	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.9%	15,653	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
Current Assets	2.2%	6,371	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
Cash Equivalents	-10.0%	959	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
Inventory	6.9%	1,825	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
Net PPE	-0.2%	1,973	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
Goodwill	-0.1%	4,904	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
Current Liabilities	3.6%	4,844	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
Short Term Borrowings	-	-	-	-	-	-	-	1,688	1,525	1,041	778	579	592	350	350	353	4.00	4.00	4.00	-	-	-
Long Term Debt	-1.3%	6,259	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
LT Debt, Non Current	-100.0%	-	6,339	6,818	6,947	5,510	6,173	5,940	6,115	6,817	6,909	-	-	-	7,772	-	-	-	7,754	-	-	-
Shareholder's Equity	0.3%	3,021	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
Retained Earnings	1.5%	27,523	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
Additional Paid-In Capital	1.9%	1,618	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
Shares Outstanding	-0.3%	298	299	301	302	304	305	309	312	313	313	316	316	317	317	317	317	318	320	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	1.00	2.00	1.00	1.00	1.00	1.00	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-43.3%	589	1,039	982	790	728	811	713	501	323	774	619	555	609	773	683	737	614	774	920	685	616
Share Based Compensation	-11.8%	15.00	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
Cashflow From Investing	-26.7%	-152	-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
Cashflow From Financing	40.3%	-524	-877	-788	-932	-185	-1,035	-681	-795	-489	-417	-608	-945	-594	-368	-306	-328	-1,047	-685	-671	-675	-295
Dividend Payments	-0.5%	419	421	396	398	400	403	377	380	382	383	359	360	361	360	339	338	342	344	323	326	328
Buy Backs	0%	375	375	375	375	375	500	500	375	375	250	250	250	250	-	-	-	706	375	375	375	375

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ITW Income Statement

2024-03-31

Statement of Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Operating Revenue	$ 3,973	$ 4,019
Cost of revenue	2,145	2,341
Selling, administrative, and research and development expenses	676	675
Amortization and impairment of intangible assets	25	31
Operating Income	1,127	972
Interest expense	(71)	(60)
Other income (expense)	16	10
Income Before Taxes	1,072	922
Income Taxes	253	208
Net Income	$ 819	$ 714
Net Income Per Share:
Basic (in dollars per share)	$ 2.74	$ 2.34
Diluted (in dollars per share)	$ 2.73	$ 2.33
Shares of Common Stock Outstanding During the Period:
Average (in shares)	298.9	305.0
Average assuming dilution (in shares)	300.0	306.1

ITW Balance Sheet

2024-03-31

Statement of Financial Position (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and equivalents	$ 959	$ 1,065
Trade receivables	3,238	3,123
Inventories	1,825	1,707
Prepaid expenses and other current assets	349	340
Total current assets	6,371	6,235
Net plant and equipment	1,973	1,976
Goodwill	4,904	4,909
Intangible assets	653	657
Deferred income taxes	462	479
Other assets	1,290	1,262
Total assets	15,653	15,518
Current Liabilities:
Short-term debt	2,066	1,825
Accounts payable	597	581
Accrued expenses	1,512	1,663
Cash dividends payable	418	419
Income taxes payable	251	187
Total current liabilities	4,844	4,675
Noncurrent Liabilities:
Long-term debt	6,259	6,339
Deferred income taxes	380	326
Noncurrent income taxes payable	151	151
Other liabilities	998	1,014
Total noncurrent liabilities	7,788	7,830
Stockholders' Equity:
Common stock (Authorized- 700.0 shares; par value of $0.01 per share): Issued- 550.0 shares in 2024 and 2023 Outstanding- 298.4 shares in 2024 and 299.3 shares in 2023	6	6
Additional paid-in-capital	1,618	1,588
Retained earnings	27,523	27,122
Common stock held in treasury	(24,243)	(23,870)
Accumulated other comprehensive income (loss)	(1,884)	(1,834)
Noncontrolling interest	1	1
Total stockholders' equity	3,021	3,013
Total liabilities and stockholders' equity	$ 15,653	$ 15,518

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 Tue May 07 2024, market cap of Illinois Tool Works Inc is 73.75 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 Tue May 07 2024, ITW's PE ratio (Price to Earnings) is 24.08 and Price to Sales (PS) ratio is 4.59. 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 0.133 (multiply by 100 for percentage) rate of return.