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Illinois Tool Works Inc. SupplierIQ Procurement Profile
Illinois Tool Works Inc. is a global manufacturer of a diversified range of industrial products and equipment. It produces plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses; food equipment, such as warewashing, cooking, and food processing equipment for the food service, food retail, and food institutional markets; equipment, consumables, and related software for testing and measuring of materials and structures; arc welding equipment, consumables, and accessories for industrial and commercial applications; engineered adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for the automotive aftermarket, general industrial and MRO markets; engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets; and specialty products, such as beverage packaging, product coding, and marking equipment and consumables for the food and beverage, consumer durables, general industrial, industrial capital goods, airlines, and printing and publishing markets. The firm is a Delaware corporation founded in 1912. Its headquarters are located in Glenview, Illinois.
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What’s included in this SupplierIQ Profile
IBISWorld's SupplierIQ profile covering Illinois Tool Works Inc. includes financial statements, products & service markets, competitive position and key financial health ratios.
Company Snapshot
What’s covered in this SupplierIQ Profile?
This SupplierIQ profile on Illinois Tool Works Inc. covers the company’s financial statements, products & service markets, competitive position and key financial health ratios. Illinois Tool Works Inc., trading as Illinois Tool Works, is a public company with 45.0k employees.
What industries does Illinois Tool Works Inc. operate in?
Illinois Tool Works Inc. primarily operates in Power Tools & Other General Purpose Machinery Manufacturing in the US, as well as in Vacuum, Fan & Small Household Appliance Manufacturing in the US, Copier & Optical Machinery Manufacturing in the US, Heating & Air Conditioning Equipment Manufacturing in the US and Screw, Nut & Bolt Manufacturing in the US.
Product & Service Markets
What’s included in the Product & Service Markets chapter?
The Product & Service Markets chapter provides a breakdown of Illinois Tool Works Inc.’s key product and service segments, organized by standardized industry classifications like NAICS. It includes their market share in each of these markets with market share trends and insights.
Competitive Position
What’s included in the Competitive Position chapter?
The Competitive Position chapter covers Illinois Tool Works Inc.’s performance relative to competitors in each of the products and service markets the company operates in. This includes a detailed competitor matrix comparing the market share, return on assets, return on equity, pricing power and competitive outlook. There are qualitative insights and a detailed SWOT analysis included for each product and service market.
Income Statement
What’s included in the Income Statement chapter?
The Income Statement chapter includes datasets covering Illinois Tool Works Inc.’s historical financial performance. Line items include revenue, cost of sales, gross margins, general and administrative costs, research and development costs, depreciation, interest and taxes. This is available in current and historical datasets.
Balance Sheet
What’s included in the Balance Sheet chapter?
The Balance Sheet chapter includes datasets covering Illinois Tool Works Inc.’s historical financial health. Current asset and non-current asset accounts include line items like cash, receivables, inventories, property, plant and equipment, investments, goodwill. Current liabilities and non-current liabilities accounts include line items like accounts payable, debts, provisions and lease liabilities. The equity accounts include line items like paid-in capital, retained earnings, employee stock option plans and treasury stock. This is available in current and historical datasets.
Cash Flows
What’s included in the Cash Flows chapter?
The Cash Flows chapter includes detailed line item accounts covering Illinois Tool Works Inc.’s operating cash flow activities, financing cash flow activities and investing cash flow activities. This is available in current and historical datasets.
Ratios
What’s included in the Ratios chapter?
The Ratios chapter covers key financial metrics like the operating margin, gross margin, return on equity, return on assets, current ratio, quick ratio, EBIT margins, EBITDA margins, debt ratio, equity ratio and debt to equity ratios. This is available in current and historical datasets.
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Frequently Asked Questions
What is the 2025 revenue for Illinois Tool Works Inc.?
According to the 2026 IBISWorld ProcurementIQ report, Illinois Tool Works Inc. generated $16.0bn in revenue.
Who are Illinois Tool Works Inc.’s main competitors?
The 2026 ProcurementIQ report benchmarks Illinois Tool Works Inc. against its top competitors across execution score, operational capabilities, pricing power, and market share.
What is Illinois Tool Works Inc.’s EBITDA margin?
Illinois Tool Works Inc.’s EBITDA margin is reported across a 7-year period in the 2026 IBISWorld ProcurementIQ report. The report includes a full income statement breakdown.
What markets does Illinois Tool Works Inc. operate in?
The 2026 report identifies all NAICS-coded product and service markets Illinois Tool Works Inc. participates in, including market share, concentration, profitability trends, and average vendor risk ratings.
How many employees does Illinois Tool Works Inc. have?
The 2026 ProcurementIQ report lists Illinois Tool Works Inc.’s employee count and benchmarks workforce size against key competitors to assess relative operational capacity.
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