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Illinois Tool Works Inc. - Company Profile

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Illinois Tool Works Inc. - Overview

Description
Illinois Tool Works is a public company headquartered in Illinois with an estimated 45,500 employees. In the US, the company has a notable market share in at least nine industries: Screw, Nut & Bolt Manufacturing, Printing, Paper, Food, Textile & Other Machinery Manufacturing, Power Tools & Other General Purpose Machinery Manufacturing, Commercial Oven Manufacturing, Packaging Machinery Manufacturing, Commercial Dishwasher Manufacturing, Welding Equipment Distributors, Scale & Balance Manufacturing, Commercial Cooking Equipment Manufacturing and Printing, Paper, Food, Textile & Other Machinery Manufacturing. Their largest market share is in the Commercial Oven Manufacturing industry, where they account for an estimated 19.9% of total industry revenue.
Company Details

Registered Name: Illinois Tool Works Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 155 Harlem Avenue Glenview IL 60025

Website: http://www.itw.com/

Employees: 45500

Illinois Tool Works Inc. - Operating Industries and Main Competitors

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Illinois Tool Works Inc. - Products and Services

  • Power Tools & Other General Purpose Machinery Manufacturing in the US

  • Of the 6 core revenue-generating products and services in the Power Tools & Other General Purpose Machinery Manufacturing in the US industry, Illinois Tool Works Inc. offers:
    • All other general-purpose machinery
    • Fluid-power cylinders, pumps, motors and actuators
    • Packaging machinery
    • AAAAA AAAAA
  • Screw, Nut & Bolt Manufacturing in the US

  • Of the 7 core revenue-generating products and services in the Screw, Nut & Bolt Manufacturing in the US industry, Illinois Tool Works Inc. offers:
    • Nonthreaded metal fasteners
    • Other fasteners
    • Threaded metal fasteners
    • AAAAA AAAAA
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Illinois Tool Works Inc. - Analyst Insights

Foster Refrigerator Gets Recertified With Carbon Trust Standard

Foster Refrigerator is a subsidiary of Illinois Tool Works Inc. Foster Refrigerator has been recertified with the Carbon Trust Standard. This recognizes carbon reduction achievements in companies of the previous two years. Foster has held this standard for over a decade. The recertification was given when it was found that the company reduced its carbon footprint by 10.7% between 2017 and 2019.

ESG


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Illinois Tool Works Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Illinois Tool Works Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Power Tools & Other General Purpose Machinery Manufacturing in the US, Screw, Nut & Bolt Manufacturing in the US, and Packaging Machinery Manufacturing in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Illinois Tool Works Inc.'s full SWOT analysis, see purchase options.

Illinois Tool Works Inc. - Financial Statements & Ratios

pie_chartIllinois Tool Works Inc. Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue14,455.012,574.014,109.014,768.014,314.013,599.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartIllinois Tool Works Inc. Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents1,527.02,564.01,981.01,504.03,094.02,472.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartIllinois Tool Works Inc. Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income2,694.02,109.02,521.02,563.01,687.02,035.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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