ILLINOIS TOOL WORKS

World Rank (Jul-30-2023)
184
Market Cap (Jul-30-2023)
79.018 Billion USD
World Rank (Dec-25-2022)
199
Market Cap (Dec-25-2022)
68.186 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
Annual Revenue in USD
15,932 Million USD
Annual Net Income in USD
3,034 Million USD
Total Assets in USD
15,422 Million USD
Total Liabilities in USD
12,333 Million USD
Annual Results for Year ending in
Dec-2022 month
Headquarters State / City
Illinois
Headquarters Country
USA
Headquarters Sub Region
Northern America
Headquarters Continent
Americas
Company Business
Industries
Machinery Manufacturing
Automobile Parts
Home Appliances
Electrical Products
Stock Category
S&P 500
Stock Exchange
NYSE
Company Rank in Country in 2022
Company Rank in USA in 2022 is 120
Rank in Country (Jan-2021)
Company Rank in USA in 2021 is 125
Rank in Country (Jan-2020)
Rank in USA in 2020 is 118
Number of Employees
46,000
Employee Count as on Date
As on 2022
Chairman
E. Scott Santi
CEO:
Ernest Scott Santi
Founders
Byron L. Smith
Yahoo @ NYSE
Wikipedia
Company Website:
ILLINOIS TOOL WORKS INC
Business Sector:
Top Automobile Companies in USA
Top Technology Companies in USA
Top Electronics Companies in USA
Top Technology Companies in S&P 500
Top Automobile Companies in S&P 500
About Company Business:

ILLINOIS TOOL WORKS manufactures Engineering equipment in segments of AUTOMOTIVE OEM, FOOD EQUIPMENT, CONSTRUCTION PRODUCTS, POLYMERS & FLUIDS, TEST & MEASUREMENT AND ELECTRONICS, WELDING with headquarters 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.

    ITW Business Model

    The ITW Business Model is a powerful and proprietary set of practices comprised of three elements:

    • The ITW 80/20 Front-to-Back Process is a set of tools and methodologies that we apply in every division
    • Customer-Back Innovation is a key contributor to driving profitable growth at ITW
    • Our Decentralized, Entrepreneurial Culture defines who we are as a company, how we lead and how we make decisions.

    ITW’s Business Segments

    ITW's seven market business segments operate in different industries but all share fundamental characteristics:

    • End-markets with strong and sustainable differentiated attributes
    • Positive long-term macro fundamentals
    • Strong and durable competitive advantages with relevance to key end-market trends
    • Significant potential for ITW to drive above market organic growth over the long term
    • Ability to leverage the ITW Business Model to generate consistent best-in-class margins and returns.


     

    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.

    Founded Year
    1912
    Annual Results Summary:

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

    Year - Ending Revenue Operating Income Net Income
    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-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
    Quarterly Results Summary:

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

    Quarterly Ending:

    		 Total Revenue Operating Income Net Income
    Jun-2023 4,074 1,010 754
    Mar-2023 4,019 972 714
    Dec-2022 3,971 986 907
    Sep-2022 4,011 983 727
    Jun-2022 4,011 926 738
    Mar-2022 3,939 895 662
    Dec-2021 3,679 834 609
    Sep-2021 3,556 845 639
    Jun-2021 3,676 893 775
    Mar-2021 3,544 905 671
    Dec-2020 3,475 883 642
    Institutional Investors

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

    RANK Institutional Investors DATE SHARES HELD CHANGE (SHARES) CHANGE (%) VALUE (IN 1,000S)
    1 BRIAR HALL MANAGEMENT LLC 6/30/2023 26,163,424 0 0% $6,459,749
    2 VANGUARD GROUP INC 3/31/2023 25,717,855 -2,657 -0.01% $6,349,738
    3 BLACKROCK INC. 3/31/2023 22,309,285 997,389 4.68% $5,508,162
    4 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 3/31/2023 21,029,900 0 0% $5,192,282
    5 NORTHERN TRUST CORP 3/31/2023 12,876,895 -69,679 -0.54% $3,179,305
    6 STATE STREET CORP 3/31/2023 12,297,827 -458,667 -3.60% $3,036,333
    7 WELLS FARGO & COMPANY/MN 3/31/2023 7,601,225 21,434 0.28% $1,876,742
    8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 3/31/2023 6,601,774 -403,363 -5.76% $1,629,978
    9 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 6/30/2023 5,832,316 -71,190 -1.21% $1,439,999
    10 GEODE CAPITAL MANAGEMENT, LLC 3/31/2023 5,611,731 607,321 12.14% $1,385,536
    11 CAPITAL RESEARCH GLOBAL INVESTORS 3/31/2023 5,521,671 24,824 0.45% $1,363,301
    12 WELLINGTON MANAGEMENT GROUP LLP 3/31/2023 4,505,949 -502,977 -10.04% $1,112,519
    13 MORGAN STANLEY 3/31/2023 4,309,248 -282,030 -6.14% $1,063,953
    14 BANK OF AMERICA CORP /DE/ 3/31/2023 3,775,102 201,428 5.64% $932,073
    15 NORGES BANK 12/31/2022 3,214,973 174,183 5.73% $793,777
    16 BANK OF NEW YORK MELLON CORP 6/30/2023 3,110,942 -214,248 -6.44% $768,092
    17 GOLDMAN SACHS GROUP INC 3/31/2023 2,659,437 491,220 22.66% $656,615
    18 FISHER ASSET MANAGEMENT, LLC 6/30/2023 2,635,756 257,799 10.84% $650,768
    19 LEGAL & GENERAL GROUP PLC 3/31/2023 2,203,693 -34,083 -1.52% $544,092
    20 AMUNDI 3/31/2023 1,895,536 74,602 4.10% $468,008
    21 EATON VANCE MANAGEMENT 9/30/2022 1,733,940 -905 -0.05% $428,110
    22 STIFEL FINANCIAL CORP 3/31/2023 1,677,488 31,732 1.93% $414,172
    23 UBS ASSET MANAGEMENT AMERICAS INC 3/31/2023 1,532,793 -15,640 -1.01% $378,447
    24 NUVEEN ASSET MANAGEMENT, LLC 3/31/2023 1,361,561 8,125 0.60% $336,169
    25 INVESCO LTD. 3/31/2023 1,346,536 -2,418 -0.18% $332,460
    26 DIMENSIONAL FUND ADVISORS LP 6/30/2023 1,333,901 -6,029 -0.45% $329,340
    27 FRANKLIN RESOURCES INC 3/31/2023 1,176,591 14,064 1.21% $290,500
    28 PRICE T ROWE ASSOCIATES INC /MD/ 3/31/2023 1,158,358 -181,891 -13.57% $285,999
    29 SWISS NATIONAL BANK 6/30/2023 1,100,900 -118,200 -9.70% $271,812
    30 CERITY PARTNERS LLC 3/31/2023 1,054,781 135,575 14.75% $260,425

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