Randall Scheuneman - Illinois Tool Vice President, Chief Accounting Officer

ITW Stock  USD 251.76  1.12  0.45%   

President

Mr. Randall J. Scheuneman is Vice President, Chief Accounting Officer of Illinois Tool Works Inc. he held several financial leadership positions at W.W. Grainger, Inc., including Vice President, Finance, for the Lab Safety Supply business from 2006 to 2009, and Vice President, Internal Audit, from 2002 to 2006. He was appointed Principal Accounting Officer in 2009. Mr. Scheuneman has served in his present position since 2009. since 2009.
Age 56
Tenure 15 years
Address 155 Harlem Avenue, Glenview, IL, United States, 60025
Phone847 724 7500
Webhttps://www.itw.com

Illinois Tool Management Efficiency

The company has Return on Asset of 0.1646 % which means that on every $100 spent on assets, it made $0.1646 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.9692 %, implying that it generated $0.9692 on every 100 dollars invested. Illinois Tool's management efficiency ratios could be used to measure how well Illinois Tool manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.31 in 2024. Return On Capital Employed is likely to climb to 0.39 in 2024. At this time, Illinois Tool's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to climb to about 300.6 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 6.8 B in 2024.
The company has 8.37 B in debt with debt to equity (D/E) ratio of 2.53, meaning that the company heavily relies on borrowing funds for operations. Illinois Tool Works has a current ratio of 1.38, which is typical for the industry and considered as normal. Debt can assist Illinois Tool until it has trouble settling it off, either with new capital or with free cash flow. So, Illinois Tool's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Illinois Tool Works sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Illinois to invest in growth at high rates of return. When we think about Illinois Tool's use of debt, we should always consider it together with cash and equity.

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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. Illinois Tool Works (ITW) is traded on New York Stock Exchange in USA. It is located in 155 Harlem Avenue, Glenview, IL, United States, 60025 and employs 45,000 people. Illinois Tool is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Illinois Tool Works Leadership Team

Elected by the shareholders, the Illinois Tool's board of directors comprises two types of representatives: Illinois Tool inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Illinois. The board's role is to monitor Illinois Tool's management team and ensure that shareholders' interests are well served. Illinois Tool's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Illinois Tool's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Skinner, Lead Independent Director
James Griffith, Independent Director
Juan Valls, Executive Vice President
Mike Drazin, Vice President Global Financial Planning & Analysis and Interim Head of Investor Relations
Anre Williams, Independent Director
Aaron Hoffman, Vice President - Investor
Kevin Warren, Independent Director
Richard Lenny, Lead Independent Director
Roland Martel, Executive VP of Specialty Products Segment
Kenneth Escoe, Executive Vice President
Mary Lawler, Senior Vice President Chief Human Resource Officer
Jay Henderson, Independent Director
Patricia Hartzell, Executive Vice President
Lei Schlitz, Executive Vice President
Michael Larsen, Senior Vice President, Chief Financial Officer
Axel Beck, Executive Vice President
Michael Zimmerman, Executive Vice President
David Smith, Independent Director
Christopher OHerlihy, Vice Chairman
Jennifer Schott, Senior Vice President General Counsel and Secretary
Susan Crown, Independent Director
Javier Carbonell, Executive Vice President
Andrew Mines, Executive Vice President
David Parry, Vice Chairman
Robert Morrison, Non-Executive Chairman of the Board
Ernest Santi, Chairman of the Board, Chief Executive Officer
Sundaram Nagarajan, Executive Vice President
Steven Martindale, Executive Vice President
Daniel Brutto, Independent Director
Randall Scheuneman, Vice President, Chief Accounting Officer
Karen Fletcher, Vice Relations
Pamela Strobel, Independent Director
Scott Santi, Executive Chairman
John Hartnett, Executive Vice President
Sharon Szafranski, Executive Vice President
Maria Green, Senior Vice President General Counsel, Secretary
Norman Finch, Senior Vice President General Counsel, Secretary
Darrell Ford, Independent Director

Illinois Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Illinois Tool a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illinois Tool Works. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary 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.
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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
9.75
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.