ITW Q3 2022 Earnings — Illinois Tool Works Inc. Revenue & Financial Results | Market Cap Arena

ITWIllinois Tool Works Inc.

$80B

Q3 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$4.0B+12.8% YoY

Gross Profit

$1.6B40.1% margin

Operating Income

$983M24.5% margin

Net Income

$727M18.1% margin

EPS (Diluted)

$2.35

QoQ Revenue Growth

+0.0%

Cash Flow

Operating Cash Flow

$713M

Free Cash Flow

$612M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$15.2B

Total Liabilities

$12.2B

Stockholders' Equity

$3.0B

Cash & Equivalents

$774M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$3.6B	+12.8%
Gross Profit	$1.6B	$1.4B	+12.7%
Operating Income	$983M	$845M	+16.3%
Net Income	$727M	$639M	+13.8%

Revenue Segments

Automotive OEM Segment

$753M19%

Test and Measurement and Electronics Segment

$715M18%

Food Equipment Segment

$633M16%

Construction Products Segment

$527M13%

Welding Segment

$477M12%

Polymers and Fluids Segment

$473M12%

Specialty Products Segment

$438M11%