Illinois Tool Works Inc

NYSE ITW

Data sourced from

and

Download Data

Illinois Tool Works Inc Net Operating Profit After Tax (NOPAT) 2 year CAGR for the quarter ending March 31, 2024: 14.25%

Illinois Tool Works Inc Net Operating Profit After Tax (NOPAT) 2 year CAGR is 14.25% for the quarter ending March 31, 2024, a 356.54% change year over year. Net Operating Profit After Taxes (NOPAT) is a financial metric that represents a company's operating profit after deducting taxes. It is calculated by multiplying the earnings before interest and taxes (EBIT) by (1 - tax rate). NOPAT provides insights into the company's profitability from its core operations while accounting for the impact of taxes. It is useful for assessing the company's operating performance and comparing profitability across different tax environments. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Illinois Tool Works Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2023 was 784,470,715.84, a 8.08% change year over year.
Illinois Tool Works Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2022 was 725,816,492.45, a -1.61% change year over year.
Illinois Tool Works Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2021 was 737,712,138.73, a 16.54% change year over year.
Illinois Tool Works Inc Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2020 was 632,995,918.37, a -6.51% 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.

Key trends