Illinois Tool Works

Market Cap (Mar-08-2026)

79.850 Billion USD

World Rank (Jan-05-2024)

186

Market Cap (Jan-05-2024)

78.044 Billion USD

World Rank (Jul-30-2023)

184

Market Cap (Jul-30-2023)

79.018 Billion USD

World Rank (Jan-07-2022)

218

Market Cap (Jan-07-2022)

77.256 Billion USD

World Rank (Jan-01-2021)

239

Market Cap (Jan-01-2021)

64.532 Billion USD

Company Rank in Country in 2023

Rank in USA in July-2023 is 101

Headquarters Country

USA

Nasdaq / NYSE Code

ITW

CEO

Ernest Scott Santi

Chairman

E. Scott Santi

Founders

Byron L. Smith

Employee Count

46,000

Employee Count as of Date

As on 2022

Headquarters City/State

Illinois

World Region

Americas

World Subregion

Northern America

Annual Revenue in USD

16,044 Million USD

Annual Operating Income in USD

4,216 Million USD

Annual Net Income in USD

3,066 Million USD

Annual Results for Period Ending

Dec-2025 ending year

Total Assets in USD

16,148 Million USD

Total Liabilities in USD

12,922 Million USD

Total Equity in USD

3,226 Million USD

Balance Sheet for Period Ending

Dec-2025 ending year

Business Sector

Machinery Manufacturing

Company Website

ILLINOIS TOOL WORKS INC

Wikipedia

Yahoo

Yahoo @ NYSE

Company Profile

ILLINOIS TOOL WORKS manufactures Engineering equipment in segments of AUTOMOTIVE OEM, FOOD EQUIPMENT, CONSTRUCTION PRODUCTS, POLYMERS & FLUIDS, TEST & MEASUREMENT AND ELECTRONICS, WELDING with headquarters is in USA and with employee strength of 46,000 as on 2022. It is is a global industrial company built around a differentiated and proprietary business model.

Facts About Company

As on 2022, ILLINOIS TOOL WORKS has 46,000 employees.

ILLINOIS TOOL WORKS annual revenue generated for period ending Dec-2022 was 15,932 million USD.

ILLINOIS TOOL WORKS annual net income generated for period ending Dec-2022 was 3,034 million USD.

Revenue by Geography:

North America: 52%
Europe, Middle East, & Africa: 27%
Asia Pacific & Other: 21%

ILLINOIS TOOL WORKS annual revenue generated for period ending Dec-2021 was 14,455 million USD.

ILLINOIS TOOL WORKS annual net income generated for period ending Dec-2021 was 2,694 million USD.

Annual Results Summary

ILLINOIS TOOL WORKS - Annual Results - Revenue and Net Income - in Million USD:

Year - Ending	Revenue	Operating Income	Net Income
Dec-2023	16,107	4,040	2,957
Dec-2022	15,932	3,790	3,034
Dec-2021	14,455	3,477	2,694
Dec-2020	12,574	2,882	2,109
Dec-2019	14,109	3,402	2,521
Dec-2018	14,768	3,584	2,563
Dec-2017	14,314	3,399	1,687
Dec-2016	13,599		2,035

Balance Sheet Summary

ILLINOIS TOOL WORKS - Balance Sheet Summary - in Million USD:

Year Ending:	Total Assets	Total Liabilities	Total Equity
Dec-2023	15,518	12,505	3,013
Dec-2022	15,422	12,333	3,089
Dec-2021	16,077	12,452	3,625
Dec-2020	15,612	12,430	3,181
Dec-2019	15,068	12,038	3,026
Dec-2018	14,870	11,612	3,254
Dec-2017	16,780	12,191	4,585

Founded Year

1912

Institutional Investors

Top 30 Institutional Holder Names in ILLINOIS TOOL WORKS as on SEP-30-2023

RANK	INSTITUTION NAME	DATE	SHARES HELD	CHANGE (SHARES)	CHANGE (%)	VALUE (IN 1,000S)
1	VANGUARD GROUP INC	09/30/2023	2,62,05,082	12,38,239	4.96%	$6,224,231
2	BRIAR HALL MANAGEMENT LLC	09/30/2023	2,61,63,424	0	0%	$6,214,336
3	BLACKROCK INC.	09/30/2023	2,15,89,142	-4,80,772	-2.18%	$5,127,853
4	STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	09/30/2023	2,10,29,900	0	0%	$4,995,022
5	NORTHERN TRUST CORP	09/30/2023	1,28,29,189	2,44,145	1.94%	$3,047,189
6	STATE STREET CORP	09/30/2023	1,20,62,660	-44,445	-0.37%	$2,865,123
7	WELLS FARGO & COMPANY/MN	09/30/2023	75,91,933	-6,432	-0.09%	$1,803,236
8	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	09/30/2023	68,99,522	97,568	1.43%	$1,638,774
9	GEODE CAPITAL MANAGEMENT, LLC	09/30/2023	58,68,393	88,099	1.52%	$1,393,861
10	CAPITAL RESEARCH GLOBAL INVESTORS	09/30/2023	55,37,167	-14,329	-0.26%	$1,315,188
11	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	09/30/2023	47,04,742	-11,27,574	-19.33%	$1,117,470
12	MORGAN STANLEY	09/30/2023	43,02,662	2,800	0.07%	$1,021,968
13	WELLINGTON MANAGEMENT GROUP LLP	09/30/2023	40,40,581	-3,59,146	-8.16%	$959,719
14	BANK OF AMERICA CORP /DE/	09/30/2023	37,04,452	1,84,778	5.25%	$879,881
15	NORGES BANK	12/31/2022	32,14,973	2,23,054	7.46%	$763,620
16	BANK OF NEW YORK MELLON CORP	09/30/2023	30,27,423	-83,519	-2.69%	$719,074
17	GOLDMAN SACHS GROUP INC	09/30/2023	30,12,816	2,71,875	9.92%	$715,604
18	FISHER ASSET MANAGEMENT, LLC	09/30/2023	28,29,108	1,93,352	7.34%	$671,970
19	LEGAL & GENERAL GROUP PLC	09/30/2023	21,90,447	-85,389	-3.75%	$520,275
20	AMUNDI	09/30/2023	19,64,227	65,198	3.43%	$466,543
21	STIFEL FINANCIAL CORP	09/30/2023	17,42,605	22,238	1.29%	$413,904
22	UBS ASSET MANAGEMENT AMERICAS INC	09/30/2023	16,88,312	1,55,519	10.15%	$401,008
23	AMERIPRISE FINANCIAL INC	09/30/2023	15,20,661	-33,774	-2.17%	$361,187
24	NUVEEN ASSET MANAGEMENT, LLC	09/30/2023	13,68,197	-5,225	-0.38%	$324,974
25	DIMENSIONAL FUND ADVISORS LP	09/30/2023	13,24,274	-9,627	-0.72%	$314,542
26	INVESCO LTD.	09/30/2023	11,83,388	-1,072	-0.09%	$281,078
27	FRANKLIN RESOURCES INC	09/30/2023	10,70,032	-3,868	-0.36%	$254,154
28	FIRST TRUST ADVISORS LP	09/30/2023	10,31,977	6,44,339	166.22%	$245,115
29	FMR LLC	09/30/2023	10,05,817	82,017	8.88%	$238,902
30	SWISS NATIONAL BANK	09/30/2023	9,77,200	-1,23,700	-11.24%	$232,105