ITW - Illinois Tool Works Inc.
NYSE
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Industrials
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Specialty Industrial Machinery
Glenview,
United States
Type: Equity
ITW price evolution
ITW
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1065 | $990 | $922 | $1143 |
| Short term investments | ||||
| Net receivables | $3123 | $3163 | $3216 | $3201 |
| Inventory | $1707 | $1799 | $1921 | $2000 |
| Total current assets | $6235 | $6288 | $6404 | $6688 |
| Long term investments | ||||
| Property, plant & equipment | $1976 | $1904 | $1901 | $1885 |
| Goodwill & intangible assets | $5566 | $5510 | $5595 | $5622 |
| Total noncurrent assets | $9283 | $9107 | $9248 | $9233 |
| Total investments | ||||
| Total assets | $15518 | $15395 | $15652 | $15921 |
| Current liabilities | ||||
| Accounts payable | $1000 | $1001 | $986 | $997 |
| Deferred revenue | ||||
| Short long term debt | $1825 | $1248 | $1275 | $2870 |
| Total current liabilities | $4675 | $3982 | $4040 | $5596 |
| Long term debt | $6339 | $6818 | $6947 | $5510 |
| Total noncurrent liabilities | $7830 | $8409 | $8518 | $7224 |
| Total debt | $8164 | $8066 | $8222 | $8380 |
| Total liabilities | $12505 | $12391 | $12558 | $12820 |
| Shareholders' equity | ||||
| Retained earnings | $27122 | $26823 | $26473 | $26115 |
| Other shareholder equity | -$1834 | -$1902 | -$1820 | -$1804 |
| Total shareholder equity | $3012 | $3003 | $3093 | $3100 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1065 | $708 | $1527 | $2564 |
| Short term investments | ||||
| Net receivables | $3123 | $3171 | $2840 | $2506 |
| Inventory | $1707 | $2054 | $1694 | $1189 |
| Total current assets | $6235 | $6270 | $6374 | $6523 |
| Long term investments | ||||
| Property, plant & equipment | $1976 | $1848 | $1809 | $1777 |
| Goodwill & intangible assets | $5566 | $5632 | $5937 | $5471 |
| Total noncurrent assets | $9283 | $9152 | $9703 | $9089 |
| Total investments | ||||
| Total assets | $15518 | $15422 | $16077 | $15612 |
| Current liabilities | ||||
| Accounts payable | $1000 | $594 | $967 | $895 |
| Deferred revenue | ||||
| Short long term debt | $1825 | $1590 | $778 | $350 |
| Total current liabilities | $4675 | $4460 | $3470 | $2589 |
| Long term debt | $6339 | $6173 | $6909 | $7772 |
| Total noncurrent liabilities | $7830 | $7873 | $8981 | $9841 |
| Total debt | $8164 | $7763 | $7687 | $8122 |
| Total liabilities | $12505 | $12334 | $12451 | $12430 |
| Shareholders' equity | ||||
| Retained earnings | $27122 | $25799 | $24325 | $23114 |
| Other shareholder equity | -$1834 | -$1841 | -$1502 | -$1642 |
| Total shareholder equity | $3012 | $3088 | $3625 | $3181 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3983 | $4031 | $4074 | $4019 |
| Cost of revenue | $2312 | $2319 | $2344 | $2341 |
| Gross Profit | $1671 | $1712 | $1730 | $1678 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $658 | $615 | $690 | $675 |
| Total operating expenses | $683 | $642 | $720 | $706 |
| Operating income | $988 | $1070 | $1010 | $972 |
| Income from continuing operations | ||||
| EBIT | $997 | $1080 | $1030 | $982 |
| Income tax expense | $210 | $241 | $207 | $208 |
| Interest expense | $70 | $67 | $69 | $60 |
| Net income | ||||
| Net income | $717 | $772 | $754 | $714 |
| Income (for common shares) | $717 | $772 | $754 | $714 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $16107 | $15932 | $12574 | |
| Cost of revenue | $9316 | $9429 | $7375 | |
| Gross Profit | $6791 | $6503 | $5199 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $2638 | $2579 | $2163 | |
| Total operating expenses | $2751 | $2713 | $2317 | |
| Operating income | $4040 | $3790 | $2882 | |
| Income from continuing operations | ||||
| EBIT | $4089 | $4045 | $2910 | |
| Income tax expense | $866 | $808 | $595 | |
| Interest expense | $266 | $203 | $206 | |
| Net income | ||||
| Net income | $2957 | $3034 | $2109 | |
| Income (for common shares) | $2957 | $3034 | $2109 | |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $717 | $772 | $754 | $714 |
| Operating activities | ||||
| Depreciation | $99 | $97 | $100 | $99 |
| Business acquisitions & disposals | $10 | -$3 | ||
| Stock-based compensation | $17 | $17 | $18 | $17 |
| Total cash flows from operations | $1039 | $982 | $790 | $728 |
| Investing activities | ||||
| Capital expenditures | -$122 | -$120 | -$83 | -$110 |
| Investments | $2 | $18 | $5 | $2 |
| Total cash flows from investing | -$120 | -$103 | -$69 | -$111 |
| Financing activities | ||||
| Dividends paid | -$421 | -$396 | -$398 | -$400 |
| Sale and purchase of stock | -$371 | -$366 | -$368 | -$342 |
| Net borrowings | -$86 | -$25 | -$166 | $571 |
| Total cash flows from financing | -$877 | -$788 | -$932 | -$185 |
| Effect of exchange rate | $33 | -$23 | -$10 | $3 |
| Change in cash and equivalents | $75 | $68 | -$221 | $435 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $2957 | $3034 | $2694 | $2109 |
| Operating activities | ||||
| Depreciation | $395 | $410 | $410 | $427 |
| Business acquisitions & disposals | $7 | $276 | -$731 | $1 |
| Stock-based compensation | $69 | $63 | $53 | $42 |
| Total cash flows from operations | $3539 | $2348 | $2557 | $2807 |
| Investing activities | ||||
| Capital expenditures | -$435 | -$397 | -$288 | -$226 |
| Investments | $27 | $12 | $38 | $14 |
| Total cash flows from investing | -$403 | -$110 | -$984 | -$214 |
| Financing activities | ||||
| Dividends paid | -$1615 | -$1542 | -$1463 | -$1379 |
| Sale and purchase of stock | -$1447 | -$1721 | -$950 | -$640 |
| Net borrowings | $294 | $276 | -$141 | -$4 |
| Total cash flows from financing | -$2782 | -$3000 | -$2564 | -$2049 |
| Effect of exchange rate | $3 | -$57 | -$46 | $39 |
| Change in cash and equivalents | $357 | -$819 | -$1037 | $583 |
News
Fundamentals
| Market cap | $74.87B |
|---|---|
| Enterprise value | $81.97B |
| Shares outstanding | 300.89M |
| Revenue | $16.11B |
|---|---|
| EBITDA | $4.48B |
| EBIT | $4.09B |
| Net Income | $2.96B |
| Revenue Q/Q | 0.30% |
| Revenue Y/Y | 1.10% |
| P/E ratio | 25.32 |
|---|---|
| EV/Sales | 5.09 |
| EV/EBITDA | 18.28 |
| EV/EBIT | 20.05 |
| P/S ratio | 4.65 |
| P/B ratio | 15.45 |
| Book/Share | 16.11 |
| Cash/Share | 3.54 |
| EPS | $9.83 |
|---|---|
| ROA | 18.93% |
| ROE | 96.89% |
| Debt/Equity | 4.15 |
|---|---|
| Net debt/EBITDA | 2.55 |
| Current ratio | 1.33 |
| Quick ratio | 0.97 |