ITW Q2 2021 Earnings — Illinois Tool Works Inc. Revenue & Financial Results | Market Cap Arena

ITWIllinois Tool Works Inc.

$78B

Q2 2021 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$3.7B+43.4% YoY

Gross Profit

$1.5B40.3% margin

Operating Income

$893M24.3% margin

Net Income

$775M21.1% margin

EPS (Diluted)

$2.45

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$555M

Free Cash Flow

$477M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$15.6B

Total Liabilities

$12.1B

Stockholders' Equity

$3.5B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$2.6B	+43.4%
Gross Profit	$1.5B	$935M	+58.4%
Operating Income	$893M	$449M	+98.9%
Net Income	$775M	$319M	+142.9%

Revenue Segments

Automotive OEM Segment

$707M19%

Test and Measurement and Electronics Segment

$606M16%

Construction Products Segment

$518M14%

Food Equipment Segment

$514M14%

Specialty Products Segment

$471M13%

Polymers and Fluids Segment

$466M13%

Welding Segment

$402M11%