Illinois Tool Works Inc

NYSE ITW

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Illinois Tool Works Inc Gross Profit for the quarter ending March 31, 2024: USD 1.83 B

Illinois Tool Works Inc Gross Profit is USD 1.83 B for the quarter ending March 31, 2024, a 8.94% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Illinois Tool Works Inc Gross Profit for the quarter ending March 31, 2023 was USD 1.68 B, a 6.07% change year over year.
  • Illinois Tool Works Inc Gross Profit for the quarter ending March 31, 2022 was USD 1.58 B, a 5.12% change year over year.
  • Illinois Tool Works Inc Gross Profit for the quarter ending March 31, 2021 was USD 1.50 B, a 10.91% change year over year.
  • Illinois Tool Works Inc Gross Profit for the quarter ending March 31, 2020 was USD 1.36 B, a -9.11% change year over year.
NYSE: ITW

Illinois Tool Works Inc

CEO Mr. E. Scott Santi
IPO Date Nov. 5, 1987
Location United States
Headquarters 155 Harlem Avenue, Glenview, IL, United States, 60025-4075
Employees 45,000
Sector Industrials
Industry Specialty industrial machinery
Description

Illinois Tool Works Inc. manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM and tiers, MRO, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, automotive aftermarket end, and other markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.

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StockViz Staff

September 16, 2024

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