ITW Q2 2022 Earnings — Illinois Tool Works Inc. Revenue & Financial Results | Market Cap Arena

ITWIllinois Tool Works Inc.

$80B

Q2 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$4.0B+9.1% YoY

Gross Profit

$1.6B39.5% margin

Operating Income

$926M23.1% margin

Net Income

$738M18.4% margin

EPS (Diluted)

$2.37

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$501M

Free Cash Flow

$420M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$15.7B

Total Liabilities

$12.3B

Stockholders' Equity

$3.4B

Cash & Equivalents

$879M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$3.7B	+9.1%
Gross Profit	$1.6B	$1.5B	+7.0%
Operating Income	$926M	$893M	+3.7%
Net Income	$738M	$775M	-4.8%

Revenue Segments

Automotive OEM Segment

$711M18%

Test and Measurement and Electronics Segment

$696M17%

Food Equipment Segment

$614M15%

Construction Products Segment

$565M14%

Polymers and Fluids Segment

$496M12%

Welding Segment

$486M12%

Specialty Products Segment

$447M11%