Illinois Good Will from 2010 to 2024

ITW Stock  USD 248.28  0.12  0.05%   
Illinois Tool Good Will yearly trend continues to be fairly stable with very little volatility. Good Will will likely drop to about 4.8 B in 2024. Good Will is an intangible asset that arises when Illinois Tool Works acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2001-06-30
Previous Quarter
4.8 B
Current Value
4.9 B
Quarterly Volatility
920.5 M
 
Housing Crash
 
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 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 exotic indicators such as Price To Sales Ratio of 5.17, Dividend Yield of 0.0133 or PTB Ratio of 27.63. Illinois financial statements analysis is a perfect complement when working with Illinois Tool Valuation or Volatility modules.
  
This module can also supplement Illinois Tool's financial leverage analysis and stock options assessment as well as various Illinois Tool Technical models . Check out the analysis of Illinois Tool Correlation against competitors.

Latest Illinois Tool's Good Will Growth Pattern

Below is the plot of the Good Will of Illinois Tool Works over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Illinois Tool's Good Will 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.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Illinois Good Will Regression Statistics

Arithmetic Mean4,651,498,040
Geometric Mean4,586,960,232
Coefficient Of Variation14.69
Mean Deviation365,462,827
Median4,752,000,000
Standard Deviation683,524,664
Sample Variance467206T
Range3.1B
R-Value0.29
Mean Square Error461512.6T
R-Squared0.08
Significance0.30
Slope43,965,054
Total Sum of Squares6540883.5T

Illinois Good Will History

20244.8 B
20234.9 B
20224.9 B
2021B
20204.7 B
20194.5 B
20184.6 B

About Illinois Tool Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Illinois Tool income statement, its balance sheet, and the statement of cash flows. Illinois Tool investors use historical funamental indicators, such as Illinois Tool's Good Will, to determine how well the company is positioned to perform in the future. Although Illinois Tool investors may use each financial statement separately, they are all related. The changes in Illinois Tool's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Illinois Tool's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Illinois Tool Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Illinois Tool. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will4.9 B4.8 B

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When determining whether Illinois Tool Works is a strong investment it is important to analyze Illinois Tool's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Illinois Tool's future performance. For an informed investment choice regarding Illinois Stock, refer to the following important reports:
Check out the analysis of Illinois Tool Correlation against competitors.
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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.
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Is Illinois Tool's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Illinois Tool. If investors know Illinois will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Illinois Tool listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
5.42
Earnings Share
9.73
Revenue Per Share
53.229
Quarterly Revenue Growth
0.003
The market value of Illinois Tool Works is measured differently than its book value, which is the value of Illinois that is recorded on the company's balance sheet. Investors also form their own opinion of Illinois Tool's value that differs from its market value or its book value, called intrinsic value, which is Illinois Tool's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Illinois Tool's market value can be influenced by many factors that don't directly affect Illinois Tool's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Illinois Tool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Illinois Tool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Illinois Tool's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.