Trade Illinois Tool Works Inc - ITW CFD

Illinois Tool Works Company profile

About Illinois Tool Works Inc.

Illinois Tool Works Inc. is a manufacturer of industrial products and equipment. It operates through segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment produces components and fasteners. The Food Equipment segment offers commercial food equipment. The Test & Measurement and Electronics segment produces test and measurement, and electronic manufacturing and maintenance, repair and operations (MRO) solutions. The Welding segment produces welding equipment, consumables and accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers. The Construction Products segment supplies engineered fastening systems and solutions. The Specialty Products segment produces beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Illinois Tool Works Inc. revenues increased 15% to $14.46B. Net income increased 28% to $2.69B. Revenues reflect Test & Measurement and Electronics segment increase of 20% to $2.35B, Food Equipment segment increase of 19% to $2.08B, Construction Products segment increase of 18% to $1.95B, United States segment increase of 13% to $6.58B, Asia Pacific segment increase of 22% to $2.8B, Europe.

Equity composition

Common Stock $.01 Par, 03/11, 700M auth., 500,049,404 o/s, net of treasury @$1.74B. Insiders own 0.69% .SPO 10/76, 362,250shares @$23.25 by White Weld & Co. *Note: Summ. Q's reflect restatement. FY'01 Q's are restated for discontinued ops. 05/06, 2-for-1 stock split.