Illinois Return On Tangible Assets from 2010 to 2024

ITW Stock  USD 277.52  1.48  0.54%   
Illinois Tool Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.29712621
Current Value
0.31
Quarterly Volatility
0.0709939
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Illinois Tool financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Illinois Tool's main balance sheet or income statement drivers, such as Depreciation And Amortization of 281.8 M, Interest Expense of 279.3 M or Total Revenue of 10.8 B, as well as many indicators such as Price To Sales Ratio of 5.17, Dividend Yield of 0.0135 or PTB Ratio of 27.63. Illinois financial statements analysis is a perfect complement when working with Illinois Tool Valuation or Volatility modules.
  
Check out the analysis of Illinois Tool Correlation against competitors.

Latest Illinois Tool's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Illinois Tool Works over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Illinois Tool's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Illinois Tool's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Illinois Return On Tangible Assets Regression Statistics

Arithmetic Mean0.23
Geometric Mean0.21
Coefficient Of Variation31.32
Mean Deviation0.06
Median0.25
Standard Deviation0.07
Sample Variance0.01
Range0.2496
R-Value0.73
Mean Square Error0
R-Squared0.53
Significance0
Slope0.01
Total Sum of Squares0.07

Illinois Return On Tangible Assets History

2023 0.3
2022 0.31
2021 0.27
2020 0.21
2018 0.28
2017 0.16
2016 0.22

About Illinois Tool Financial Statements

Illinois Tool investors use historical fundamental indicators, such as Illinois Tool's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Illinois Tool. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.30  0.31 

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Additional Tools for Illinois Stock Analysis

When running Illinois Tool's price analysis, check to measure Illinois Tool's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.