Illinois Tool Financials

ITW Stock  USD 276.04  0.47  0.17%   
Based on the analysis of Illinois Tool's profitability, liquidity, and operating efficiency, Illinois Tool Works is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Illinois Tool's Common Stock Shares Outstanding is fairly stable compared to the past year. Short Term Debt is likely to climb to about 2 B in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 1.5 B in 2024. Key indicators impacting Illinois Tool's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.190.1836
Sufficiently Up
Slightly volatile
Return On Assets0.20.1906
Sufficiently Up
Slightly volatile
Return On Equity1.030.9817
Sufficiently Up
Slightly volatile
Debt Equity Ratio2.852.7105
Sufficiently Up
Slightly volatile
Operating Income4.2 BB
Sufficiently Up
Slightly volatile
Current Ratio1.651.3337
Fairly Up
Slightly volatile
The financial analysis of Illinois Tool is a critical element in measuring its lifeblood. Investors should not minimize Illinois Tool's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

605.34 Million

  
Understanding current and past Illinois Tool Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Illinois Tool's financial statements are interrelated, with each one affecting the others. For example, an increase in Illinois Tool's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Illinois Tool's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Illinois Tool Works. Check Illinois Tool's Beneish M Score to see the likelihood of Illinois Tool's management manipulating its earnings.

Illinois Tool Stock Summary

Illinois Tool competes with Pentair PLC, Parker Hannifin, Emerson Electric, Smith AO, and Dover. Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois. Illinois Tool operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 45000 people.
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS4523081093
CUSIP452308109
LocationIllinois; U.S.A
Business Address155 Harlem Avenue,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.itw.com
Phone847 724 7500
CurrencyUSD - US Dollar

Illinois Tool Key Financial Ratios

Illinois Tool Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets15.1B15.6B16.1B15.4B15.5B11.4B
Other Current Liab1.5B1.6B2.0B2.1B2.0B2.1B
Net Debt5.8B5.6B6.2B7.1B7.3B7.7B
Retained Earnings22.4B23.1B24.3B25.8B27.1B28.5B
Cash2.0B2.6B1.5B708M1.1B1.1B
Net Receivables2.5B2.5B2.8B3.2B3.3B1.9B
Inventory1.2B1.2B1.7B2.1B1.7B1.1B
Other Current Assets296M2.8B3.2B3.5B212M201.4M
Total Liab12.0B12.4B12.5B12.3B12.5B6.3B
Total Current Assets6.3B6.5B6.4B6.3B6.2B4.6B
Short Term Debt4M405M839M1.6B1.9B2.0B
Intangible Assets851M781M972M768M657M624.2M
Accounts Payable472M534M585M594M581M511.2M
Other Liab2.0B2.1B2.1B1.6B1.8B1.4B
Other Assets1.5B1.8B2.0B1.7B1.9B1.4B
Long Term Debt7.8B7.8B6.9B6.2B6.3B4.4B
Treasury Stock(17.5B)(19.0B)(19.7B)(20.6B)(18.6B)(17.6B)
Good Will4.5B4.7B5.0B4.9B4.9B4.8B
Net Tangible Assets(2.3B)(2.3B)(2.3B)(2.5B)(2.3B)(2.2B)
Long Term Debt Total7.8B7.8B6.9B6.2B7.1B6.4B

Illinois Tool Key Income Statement Accounts

The reason investors look at the income statement is to determine what Illinois Tool's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense221M206M202M203M266M279.3M
Total Revenue14.1B12.6B14.5B15.9B16.1B10.8B
Gross Profit5.9B5.2B6.0B6.5B6.8B4.1B
Operating Income3.4B2.9B3.5B3.8B4.0B4.2B
Ebit3.4B2.9B3.5B3.8B4.0B4.2B
Ebitda3.7B3.1B3.7B4.2B4.0B2.3B
Cost Of Revenue8.2B7.4B8.5B9.4B9.3B6.7B
Income Before Tax3.3B2.7B3.3B3.8B3.8B1.9B
Net Income2.5B2.1B2.7B3.0B3.0B3.1B
Income Tax Expense767M595M632M808M866M567.9M
Research Development2.4B214M239M269M2.6B1.6B
Tax Provision767M595M632M808M870M691.5M
Interest Income29M206M202M203M51M48.5M
Net Interest Income(192M)(206M)(202M)(203M)(230M)(241.5M)

Illinois Tool Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory98M43M(450M)(455M)360M378M
Change In Cash477M583M(1.0B)(819M)357M374.9M
Free Cash Flow2.7B2.6B2.3B1.9B3.1B3.2B
Depreciation461M426M427M410M395M411.4M
Other Non Cash Items(56M)10M(14M)(193M)(2M)(1.9M)
Dividends Paid1.3B1.4B1.5B1.5B1.6B1.7B
Capital Expenditures326M236M296M412M455M340.4M
Net Income2.5B2.1B2.7B3.0B3.0B3.1B
End Period Cash Flow2.0B2.6B1.5B708M1.1B1.2B
Change To Netincome20M21M(108M)(278M)(250.2M)(262.7M)
Investments20M14M38M12M(156M)(148.2M)
Change Receivables40M95M(240M)(461M)(414.9M)(394.2M)
Net Borrowings422M(4M)(141M)276M248.4M249.1M

Illinois Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Illinois Tool's current stock value. Our valuation model uses many indicators to compare Illinois Tool value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Illinois Tool competition to find correlations between indicators driving Illinois Tool's intrinsic value. More Info.
Illinois Tool Works is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about  0.16  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Illinois Tool Works is roughly  6.34 . At this time, Illinois Tool's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Illinois Tool by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Illinois Tool Works Systematic Risk

Illinois Tool's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Illinois Tool volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Illinois Tool Works correlated with the market. If Beta is less than 0 Illinois Tool generally moves in the opposite direction as compared to the market. If Illinois Tool Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Illinois Tool Works is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Illinois Tool is generally in the same direction as the market. If Beta > 1 Illinois Tool moves generally in the same direction as, but more than the movement of the benchmark.

Illinois Tool Thematic Clasifications

Illinois Tool Works is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Illinois Tool Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Illinois Tool's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Illinois Tool growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(83.19)

At this time, Illinois Tool's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Illinois Tool November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Illinois Tool help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Illinois Tool Works. We use our internally-developed statistical techniques to arrive at the intrinsic value of Illinois Tool Works based on widely used predictive technical indicators. In general, we focus on analyzing Illinois Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Illinois Tool's daily price indicators and compare them against related drivers.

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.