Illinois Financial Statements From 2010 to 2024

ITW Stock  USD 251.76  1.12  0.45%   
Illinois Tool financial statements provide useful quarterly and yearly information to potential Illinois Tool Works investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Illinois Tool financial statements helps investors assess Illinois Tool's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Illinois Tool's valuation are summarized below:
Gross Profit
6.5 B
Profit Margin
0.1836
Market Capitalization
74.9 B
Enterprise Value Revenue
5.1555
Revenue
16.1 B
There are over one hundred nineteen available fundamental trends for Illinois Tool Works, which can be analyzed over time and compared to other ratios. All traders should should confirm Illinois Tool's regular fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable. Market Cap is likely to drop to about 17.6 B in 2024. Enterprise Value is likely to drop to about 17 B in 2024

Illinois Tool Total Revenue

10.84 Billion

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 0.0135 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.

Illinois Tool Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets11.4 B15.5 B15.1 B
Very volatile
Short and Long Term Debt Total8.8 B8.4 B6.8 B
Slightly volatile
Other Current Liabilities935.3 M1.8 B1.3 B
Slightly volatile
Total Current Liabilities4.9 B4.7 B3.3 B
Slightly volatile
Total Stockholder Equity5.1 BB5.1 B
Slightly volatile
Property Plant And Equipment Net1.5 B2.2 B1.7 B
Slightly volatile
Retained Earnings28.5 B27.1 B19.2 B
Slightly volatile
Cash1.1 B1.1 BB
Pretty Stable
Non Current Assets Total6.8 B9.3 B8.8 B
Pretty Stable
Non Currrent Assets OtherB771 M957 M
Slightly volatile
Cash And Short Term Investments1.1 B1.1 BB
Pretty Stable
Net Receivables1.9 B3.3 B2.4 B
Slightly volatile
Common Stock Shares Outstanding371.6 M303.6 M372.1 M
Slightly volatile
Liabilities And Stockholders Equity11.4 B15.5 B15.1 B
Very volatile
Non Current Liabilities TotalB7.8 BB
Slightly volatile
Inventory1.1 B1.7 B1.3 B
Slightly volatile
Other Current Assets300.6 M157 M356.1 M
Slightly volatile
Total Liabilities6.3 B12.5 B10.1 B
Slightly volatile
Total Current Assets4.6 B6.2 B6.3 B
Very volatile
Short Term DebtB1.9 B1.1 B
Pretty Stable
Intangible Assets624.1 M657 M1.2 B
Slightly volatile
Accounts Payable511.2 M581 M532.9 M
Pretty Stable
Property Plant And Equipment Gross6.6 B6.3 B2.9 B
Slightly volatile
Common Stock Total Equity5.5 M6.9 M5.7 M
Slightly volatile
Common Stock5.5 M6.9 M5.7 M
Slightly volatile
Other Liabilities1.4 B1.8 B1.5 B
Slightly volatile
Other Assets1.4 B1.9 B1.5 B
Slightly volatile
Long Term Debt4.4 B6.3 B5.7 B
Slightly volatile
Property Plant Equipment1.5 B1.7 B1.7 B
Slightly volatile
Current Deferred Revenue369.1 M395 M387.8 M
Slightly volatile
Good Will4.8 B4.9 B4.7 B
Slightly volatile
Long Term Debt Total6.4 B7.1 B6.2 B
Slightly volatile
Capital Surpluse1.2 B1.7 B1.2 B
Slightly volatile
Long Term Investments43.6 M45.9 M146 M
Slightly volatile
Non Current Liabilities Other924.7 M554 M1.1 B
Slightly volatile
Deferred Long Term Asset Charges397.9 M498.6 M484.4 M
Very volatile
Short and Long Term Debt1.9 B1.8 B621.5 M
Slightly volatile
Cash And Equivalents605.3 M637.2 MB
Slightly volatile
Net Invested CapitalB11.2 B11.9 B
Slightly volatile
Net Working Capital2.4 B1.6 B3.5 B
Slightly volatile
Capital Stock4.8 M5.4 M5.9 M
Slightly volatile
Capital Lease Obligations209.7 M206 M184.9 M
Slightly volatile

Illinois Tool Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization281.8 M395 M240.7 M
Slightly volatile
Total Revenue10.8 B16.1 B13.7 B
Pretty Stable
Gross Profit4.1 B6.8 B5.5 B
Slightly volatile
Other Operating Expenses8.8 B12 B10.8 B
Very volatile
Operating Income4.2 BB3.1 B
Slightly volatile
EBIT4.2 BB3.1 B
Slightly volatile
EBITDA2.3 BB3.1 B
Slightly volatile
Cost Of Revenue6.7 B9.3 B8.2 B
Pretty Stable
Total Operating Expenses2.1 B2.6 B2.6 B
Very volatile
Income Before Tax1.9 B3.8 B2.8 B
Slightly volatile
Net Income3.1 BB2.3 B
Slightly volatile
Income Tax Expense567.9 M866 M772.7 M
Pretty Stable
Selling General Administrative2.4 B2.6 B2.5 B
Very volatile
Research Development1.6 B2.6 B1.9 B
Slightly volatile
Net Income Applicable To Common SharesB3.5 B2.3 B
Slightly volatile
Selling And Marketing Expenses2.6 B2.5 B2.1 B
Slightly volatile
Net Income From Continuing Ops2.4 B3.1 B2.2 B
Slightly volatile
Minority Interest855 K900 K3.4 M
Slightly volatile
Tax Provision691.5 M870 M838 M
Pretty Stable
Interest Income48.5 M51 M124.8 M
Slightly volatile
Reconciled Depreciation278.6 M395 M396.7 M
Slightly volatile

Illinois Tool Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation72.5 M69 M45.7 M
Slightly volatile
Free Cash Flow3.2 B3.1 B2.1 B
Slightly volatile
Begin Period Cash Flow1.2 B708 M2.1 B
Very volatile
Depreciation411.4 M395 M450.7 M
Pretty Stable
Dividends Paid1.7 B1.6 BB
Slightly volatile
Capital Expenditures340.4 M455 M322.1 M
Slightly volatile
Total Cash From Operating Activities1.8 B3.5 B2.3 B
Slightly volatile
End Period Cash Flow1.2 B1.1 B2.1 B
Pretty Stable
Cash Flows Other Operating155.4 M101.7 M188.6 M
Slightly volatile
Issuance Of Capital Stock57.4 M61 M36.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.174.9213.4191
Slightly volatile
Dividend Yield0.01350.02040.0205
Pretty Stable
PTB Ratio27.6326.315813.0644
Slightly volatile
Days Sales Outstanding72.6973.670864.9704
Slightly volatile
Book Value Per Share7.99.953712.7014
Slightly volatile
Free Cash Flow Yield0.03860.03890.0464
Slightly volatile
Invested Capital2.922.77891.6975
Slightly volatile
Operating Cash Flow Per Share12.2811.69536.9656
Slightly volatile
Stock Based Compensation To Revenue0.00450.00430.0031
Slightly volatile
PB Ratio27.6326.315813.0644
Slightly volatile
EV To Sales5.645.37463.7378
Slightly volatile
Free Cash Flow Per Share10.710.19176.0291
Slightly volatile
ROIC0.290.27450.1917
Slightly volatile
Inventory Turnover7.635.45756.426
Pretty Stable
Net Income Per Share10.269.7726.5178
Slightly volatile
Days Of Inventory On Hand73.3366.880160.2657
Slightly volatile
Payables Turnover11.2216.034415.1572
Very volatile
Sales General And Administrative To Revenue0.140.150.1749
Slightly volatile
Research And Ddevelopement To Revenue0.140.16380.1615
Pretty Stable
Cash Per Share2.023.51955.4807
Pretty Stable
POCF Ratio13.4222.39719.0425
Slightly volatile
Interest Coverage10.9315.18813.492
Slightly volatile
Payout Ratio0.570.54620.4331
Slightly volatile
PFCF Ratio26.9925.701423.2836
Slightly volatile
Days Payables Outstanding29.2122.763524.3431
Very volatile
ROE1.030.98170.5595
Slightly volatile
EV To Operating Cash Flow14.5424.461220.9267
Slightly volatile
PE Ratio16.2226.805221.4883
Slightly volatile
Return On Tangible Assets0.310.29710.2267
Slightly volatile
EV To Free Cash Flow29.4728.070125.6025
Slightly volatile
Earnings Yield0.05890.03730.0528
Slightly volatile
Intangibles To Total Assets0.220.35870.3481
Very volatile
Current Ratio1.651.33372.19
Slightly volatile
Receivables Turnover4.54.95455.6329
Slightly volatile
Graham Number49.1246.781641.662
Slightly volatile
Shareholders Equity Per Share7.99.953712.7014
Slightly volatile
Debt To Equity2.922.77891.6975
Slightly volatile
Revenue Per Share55.8953.228739.5785
Slightly volatile
Interest Debt Per Share29.9728.539320.3432
Slightly volatile
Debt To Assets0.570.53940.4241
Slightly volatile
Enterprise Value Over EBITDA20.1119.152215.2936
Slightly volatile
Short Term Coverage Ratios1.791.879452.9613
Pretty Stable
Price Earnings Ratio16.2226.805221.4883
Slightly volatile
Operating Cycle146141125
Slightly volatile
Price Book Value Ratio27.6326.315813.0644
Slightly volatile
Days Of Payables Outstanding29.2122.763524.3431
Very volatile
Dividend Payout Ratio0.570.54620.4331
Slightly volatile
Price To Operating Cash Flows Ratio13.4222.39719.0425
Slightly volatile
Price To Free Cash Flows Ratio26.9925.701423.2836
Slightly volatile
Pretax Profit Margin0.130.23740.1985
Slightly volatile
Ebt Per Ebit0.760.94630.9531
Pretty Stable
Operating Profit Margin0.140.25080.2062
Slightly volatile
Effective Tax Rate0.360.22650.297
Slightly volatile
Company Equity Multiplier5.415.15213.6173
Slightly volatile
Long Term Debt To Capitalization0.720.68290.5264
Slightly volatile
Total Debt To Capitalization0.770.73540.5653
Slightly volatile
Return On Capital Employed0.390.37260.2552
Slightly volatile
Debt Equity Ratio2.922.77891.6975
Slightly volatile
Ebit Per Revenue0.140.25080.2062
Slightly volatile
Quick Ratio1.050.92321.535
Slightly volatile
Net Income Per E B T0.540.77350.7321
Very volatile
Cash Ratio0.320.22780.6977
Slightly volatile
Cash Conversion Cycle120118103
Slightly volatile
Operating Cash Flow Sales Ratio0.110.21970.1605
Slightly volatile
Days Of Inventory Outstanding73.3366.880160.2657
Slightly volatile
Days Of Sales Outstanding72.6973.670864.9704
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.590.87140.8247
Pretty Stable
Cash Flow Coverage Ratios0.720.42280.3935
Very volatile
Price To Book Ratio27.6326.315813.0644
Slightly volatile
Fixed Asset Turnover5.327.24247.7615
Pretty Stable
Price Cash Flow Ratio13.4222.39719.0425
Slightly volatile
Enterprise Value Multiple20.1119.152215.2936
Slightly volatile
Debt Ratio0.570.53940.4241
Slightly volatile
Cash Flow To Debt Ratio0.720.42280.3935
Very volatile
Price Sales Ratio5.174.9213.4191
Slightly volatile
Return On Assets0.20.19060.144
Slightly volatile
Asset Turnover1.121.0380.9341
Pretty Stable
Net Profit Margin0.190.18360.1554
Slightly volatile
Gross Profit Margin0.30.42160.3962
Very volatile
Price Fair Value27.6326.315813.0644
Slightly volatile
Return On Equity1.030.98170.5595
Slightly volatile

Illinois Tool Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap17.6 B30.7 B30.8 B
Pretty Stable
Enterprise Value17 B24.2 B24.6 B
Pretty Stable

Illinois Fundamental Market Drivers

Forward Price Earnings24.8139
Cash And Short Term Investments1.1 B

Illinois Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

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 revenue or net income, 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
Current Deferred Revenue395 M369.1 M
Total Revenue16.1 B10.8 B
Cost Of Revenue9.3 B6.7 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.15  0.14 
Research And Ddevelopement To Revenue 0.16  0.14 
Capex To Revenue(0.03)(0.03)
Revenue Per Share 53.23  55.89 
Ebit Per Revenue 0.25  0.14 

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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.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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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
9.75
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.