ITW Q3 2024 Earnings — Illinois Tool Works Inc. Revenue & Financial Results | Market Cap Arena

ITWIllinois Tool Works Inc.

$80B

Q3 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$4.0B-1.6% YoY

Gross Profit

$1.7B43.1% margin

Operating Income

$1.1B26.5% margin

Net Income

$1.2B29.2% margin

EPS (Diluted)

$3.91

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$891M

Free Cash Flow

$783M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$15.8B

Total Liabilities

$12.4B

Stockholders' Equity

$3.4B

Cash & Equivalents

$947M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$4.0B	-1.6%
Gross Profit	$1.7B	$1.7B	+1.5%
Operating Income	$1.1B	$1.1B	-1.7%
Net Income	$1.2B	$772M	+50.3%

Revenue Segments

Automotive OEM Segment

$772M19%

Test and Measurement and Electronics Segment

$697M18%

Food Equipment Segment

$677M17%

Construction Products Segment

$479M12%

Welding Segment

$462M12%

Polymers and Fluids Segment

$448M11%

Specialty Products Segment

$438M11%