ITW Q4 2022 Earnings — Illinois Tool Works Inc. Revenue & Financial Results | Market Cap Arena

ITWIllinois Tool Works Inc.

$80B

Q4 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$4.0B+7.9% YoY

Gross Profit

$1.6B41.0% margin

Operating Income

$986M24.8% margin

Net Income

$907M22.8% margin

EPS (Diluted)

$2.95

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

$811M

Free Cash Flow

$655M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$15.4B

Total Liabilities

$12.3B

Stockholders' Equity

$3.1B

Cash & Equivalents

$708M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$3.7B	+7.9%
Gross Profit	$1.6B	$1.5B	+12.0%
Operating Income	$986M	$834M	+18.2%
Net Income	$907M	$609M	+48.9%

Revenue Segments

Automotive OEM Segment

$745M19%

Test and Measurement and Electronics Segment

$732M18%

Food Equipment Segment

$631M16%

Welding Segment

$481M12%

Construction Products Segment

$470M12%

Specialty Products Segment

$462M12%

Polymers and Fluids Segment

$455M11%