Illinois Tool Works Inc. - Company Profile
Access all 5,000+ company profiles through the Benchmarking Pro Membership. Unlock interactive competitor comparison tools that show you how Illinois Tool Works Inc. stacks up to the competition and put relevant competitor and industry information at your fingertips.
Illinois Tool Works Inc. - Overview
Brands
Deltar Fasteners, Dynatec, Foster Refrigerator, Hi-Cone, Hobart, ITW, Miller Electric, Paslode, Permatex, Rain-X, Vulcan
Description
Illinois Tool Works is a public company headquartered in Illinois with an estimated 45,000 employees. In the US, the company has a notable market share in at least four industries: Screw, Nut & Bolt Manufacturing, Printing, Paper, Food, Textile & Other Machinery Manufacturing, Packaging Machinery Manufacturing, Commercial Cooking Equipment Manufacturing and Printing, Paper, Food, Textile & Other Machinery Manufacturing. Their largest market share is in the Commercial Cooking Equipment Manufacturing industry, where they account for an estimated 19.6% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.
Company Details
- Registered Name: Illinois Tool Works Inc.
- Company Type: Operating
- Exchange: NYSE
- Headquarters: 155 Harlem Ave, Glenview, IL 60025
- Website: http://www.itw.com/
- Employees: 45,000
Illinois Tool Works Inc. - Operating Industries and Main Competitors
-
OD5932 - Commercial Cooking Equipment Manufacturing
-
- Illinois Tool Works Inc. Market Share: x.x%
- Dover Corporation Market Share: x.x%
- Welbilt, inc. Market Share: x.x%
- The Middleby Corporation Market Share: x.x%
-
OD4920 - Packaging Machinery Manufacturing
-
- Illinois Tool Works Inc. Market Share: x.x%
- Pro Mach, Inc. Market Share: x.x%
-
33272 - Screw, Nut & Bolt Manufacturing
-
- Illinois Tool Works Inc. Market Share: x.x%
- Precision Castparts Corp Market Share: x.x%
- Howmet Aerospace Inc. Market Share: x.x%
- Nucor Corporation Market Share: x.x%
- Msc industrial direct co., inc. Market Share: x.x%
Illinois Tool Works Inc. - Products and Services
Commercial Cooking Equipment Manufacturing
Of the 4 core revenue-generating products and services in the Commercial Cooking Equipment Manufacturing industry, Illinois Tool Works Inc. offers:
- Electric primary cooking equipment
Packaging Machinery Manufacturing
Of the 4 core revenue-generating products and services in the Packaging Machinery Manufacturing industry, Illinois Tool Works Inc. offers:
- Case forming, packing, packaging bottling and sealing and related pa
- Labeling machinery
- Wrapping, bundling and palletizing
- Other
Screw, Nut & Bolt Manufacturing
Of the 5 core revenue-generating products and services in the Screw, Nut & Bolt Manufacturing industry, Illinois Tool Works Inc. offers:
- Aircraft fasteners, excluding plastics
- Nonthreaded metal fasteners
- Other precision-turned products
- Precision-turned products for automobiles
- Threaded metal fasteners
Illinois Tool Works Inc. - SWOT Analysis
Strengths and weaknesses take into account internal factors, and are based on Illinois Tool Works Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Commercial Cooking Equipment Manufacturing , Packaging Machinery Manufacturing , Screw, Nut & Bolt Manufacturing industries
Strengths
Days Receivables: x.x%
Rank: 2 of 3 peers
Annual Turnover: x.x%
Rank: 2 of 3 peers
Weaknesses
Credit Risk: x.x%
Rank: 2 of 3 peers
Revenue per Employee: $xx
Rank: 2 of 3 peers
Opportunities
Threats
- AAAAA
- AAAAA
- AAAAA
Looking for IBISWorld Industry Reports?
Gain strategic insight and analysis on 700+ in the United States industries
(& thousands of global industries)
Illinois Tool Works Inc. - Financial Statements
Illinois Tool Works Inc. Income Statement
| BALANCE DATE | 12/31/2018 | 12/31/2019 | 12/31/2020 | 12/31/2021 | 12/31/2022 | 12/31/2023 |
|---|---|---|---|---|---|---|
| Revenue | 14,768.0 | 14,109.0 | 12,574.0 | 14,455.0 | 15,932.0 | 16,107.0 |
| Cost of Revenue | ||||||
| Cost of Revenue, Non-Cash | ||||||
| Gross Profit | ||||||
| 00000 |
Illinois Tool Works Inc. Balance Sheet
| BALANCE DATE | 12/31/2018 | 12/31/2019 | 12/31/2020 | 12/31/2021 | 12/31/2022 | 12/31/2023 |
|---|---|---|---|---|---|---|
| Cash and Equivalents | 1,504.0 | 1,981.0 | 2,564.0 | 1,527.0 | 708.0 | 1,065.0 |
| Short-Term Investments | ||||||
| Derivative Assets, Current | ||||||
| Restricted Cash and Investments | ||||||
| 00000 |
Illinois Tool Works Inc. Cash Flow
| BALANCE DATE | 12/31/2018 | 12/31/2019 | 12/31/2020 | 12/31/2021 | 12/31/2022 | 12/31/2023 |
|---|---|---|---|---|---|---|
| Net Income | 2,563.0 | 2,521.0 | 2,109.0 | 2,694.0 | 3,034.0 | 2,957.0 |
| Income (Loss) From Discontinued Operations | ||||||
| Depreciation, Depletion and Amortization | ||||||
| Amortization of Financing Costs and Discounts | ||||||
| 00000 |
Why purchase access to Benchmarking Pro?
This profile on Illinois Tool Works Inc. includes:
- Company Overview
- Company Revenue and Employee Data
- Company Financial Statements
- Industry Market Share Breakdown
- Industry Competitor Matrix
- SWOT Analysis
- Products and Services
- Key Company Benchmarks
- Interconnected Competitor Profiles and Industry Reports
- Full Access to Benchmarking Pro
The IBISWorld Benchmarking Pro solution enables you to:
- Understand an enterprise’s competitive landscape and how they perform within a like-sized industry segment.
- Benchmark companies against industry averages, segment averages and their competitors.
- Identify real-world strengths, opportunities, weaknesses and threats for companies.
- Target growth opportunities or spot red flags in a business growth strategy.
- Toggle between company profiles and industry reports for a 360 degree view of a company's position.
IBISWorld provides profiles on thousands of leading companies around the world. Our clients rely on our information and data to stay up-to-date on business and industry trends across all sectors of the economy. This company profile, along with the corresponding competitor and industry data provided, includes thoroughly researched, reliable and current information that will help you to make faster, better business decisions.
Get Instant Access with Benchmarking Pro Membership
Benchmarking Pro
What's Inside
Benchmarking Pro?
A suite of company and industry data that:
- Benchmarks companies against industry averages or like-sized segments, as well as close competitors
- Identifies real-world strengths, opportunites, weaknesses and threats
- Reveals growth opportunities or red flags in a business growth strategy
Included in Report
-
Enterprise History & Synopsis
-
Company Financial Statements
-
Industry Market Share Breakdown
-
Industry Competitor Matrix
-
SWOT Analysis
-
Products and Services
-
Key Company Benchmarks
