ITW Q1 2022 Earnings — Illinois Tool Works Inc. Revenue & Financial Results | Market Cap Arena

ITWIllinois Tool Works Inc.

$80B

Q1 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$3.9B+11.1% YoY

Gross Profit

$1.5B39.3% margin

Operating Income

$895M22.7% margin

Net Income

$662M16.8% margin

EPS (Diluted)

$2.11

QoQ Revenue Growth

+7.1%

Cash Flow

Operating Cash Flow

$323M

Free Cash Flow

$249M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$16.3B

Total Liabilities

$12.7B

Stockholders' Equity

$3.6B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.9B	$3.5B	+11.1%
Gross Profit	$1.5B	$1.5B	+5.2%
Operating Income	$895M	$905M	-1.1%
Net Income	$662M	$671M	-1.3%

Revenue Segments

Automotive OEM Segment

$760M19%

Test and Measurement and Electronics Segment

$685M17%

Food Equipment Segment

$566M14%

Construction Products Segment

$551M14%

Polymers and Fluids Segment

$481M12%

Specialty Products Segment

$452M11%

Welding Segment

$450M11%