Illinois Tool Works Statistics
Total Valuation
ITW has a market cap or net worth of $70.28 billion. The enterprise value is $77.64 billion.
| Market Cap | 70.28B |
| Enterprise Value | 77.64B |
Important Dates
The next estimated earnings date is Tuesday, July 30, 2024, before market open.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
ITW has 298.40 million shares outstanding. The number of shares has decreased by -2.00% in one year.
| Shares Outstanding | 298.40M |
| Shares Change (YoY) | -2.00% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.73% |
| Owned by Institutions (%) | 82.44% |
| Float | 271.03M |
Valuation Ratios
The trailing PE ratio is 23.23 and the forward PE ratio is 22.73. ITW's PEG ratio is 2.67.
| PE Ratio | 23.23 |
| Forward PE | 22.73 |
| PS Ratio | 4.38 |
| Forward PS | 4.23 |
| PB Ratio | 23.27 |
| P/FCF Ratio | 23.57 |
| PEG Ratio | 2.67 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.72, with an EV/FCF ratio of 26.04.
| EV / Earnings | 25.36 |
| EV / Sales | 4.83 |
| EV / EBITDA | 16.72 |
| EV / EBIT | 18.27 |
| EV / FCF | 26.04 |
Financial Position
The company has a current ratio of 1.32, with a Debt / Equity ratio of 2.76.
| Current Ratio | 1.32 |
| Quick Ratio | 0.87 |
| Debt / Equity | 2.76 |
| Debt / EBITDA | 1.79 |
| Debt / FCF | 2.79 |
| Interest Coverage | 15.34 |
Financial Efficiency
Return on equity (ROE) is 101.00% and return on invested capital (ROIC) is 28.50%.
| Return on Equity (ROE) | 101.00% |
| Return on Assets (ROA) | 19.70% |
| Return on Capital (ROIC) | 28.50% |
| Revenue Per Employee | $356,911 |
| Profits Per Employee | $68,044 |
| Employee Count | 45,000 |
| Asset Turnover | 1.03 |
| Inventory Turnover | 4.77 |
Taxes
In the past 12 months, ITW has paid $911.00 million in taxes.
| Income Tax | 911.00M |
| Effective Tax Rate | 22.93% |
Stock Price Statistics
The stock price has decreased by -6.13% in the last 52 weeks. The beta is 1.13, so ITW's price volatility has been higher than the market average.
| Beta (5Y) | 1.13 |
| 52-Week Price Change | -6.13% |
| 50-Day Moving Average | 243.29 |
| 200-Day Moving Average | 247.71 |
| Relative Strength Index (RSI) | 41.44 |
| Average Volume (20 Days) | 1,088,239 |
Short Selling Information
The latest short interest is 5.03 million, so 1.68% of the outstanding shares have been sold short.
| Short Interest | 5.03M |
| Short Previous Month | 7.11M |
| Short % of Shares Out | 1.68% |
| Short % of Float | 1.85% |
| Short Ratio (days to cover) | 4.95 |
Income Statement
In the last 12 months, ITW had revenue of $16.06 billion and earned $3.06 billion in profits. Earnings per share was $10.14.
| Revenue | 16.06B |
| Gross Profit | 6.94B |
| Operating Income | 4.20B |
| Pretax Income | 3.97B |
| Net Income | 3.06B |
| EBITDA | 4.64B |
| EBIT | 4.25B |
| Earnings Per Share (EPS) | $10.14 |
Balance Sheet
The company has $959.00 million in cash and $8.33 billion in debt, giving a net cash position of -$7.37 billion or -$24.68 per share.
| Cash & Cash Equivalents | 959.00M |
| Total Debt | 8.33B |
| Net Cash | -7.37B |
| Net Cash Per Share | -$24.68 |
| Equity (Book Value) | 3.02B |
| Book Value Per Share | 10.12 |
| Working Capital | 1.53B |
Cash Flow
In the last 12 months, operating cash flow was $3.40 billion and capital expenditures -$418.00 million, giving a free cash flow of $2.98 billion.
| Operating Cash Flow | 3.40B |
| Capital Expenditures | -418.00M |
| Free Cash Flow | 2.98B |
| FCF Per Share | $9.98 |
Margins
Gross margin is 43.22%, with operating and profit margins of 26.12% and 19.06%.
| Gross Margin | 43.22% |
| Operating Margin | 26.12% |
| Pretax Margin | 24.74% |
| Profit Margin | 19.06% |
| EBITDA Margin | 28.91% |
| EBIT Margin | 26.46% |
| FCF Margin | 18.57% |
Dividends & Yields
This stock pays an annual dividend of $5.60, which amounts to a dividend yield of 2.38%.
| Dividend Per Share | $5.60 |
| Dividend Yield | 2.38% |
| Dividend Growth (YoY) | 6.87% |
| Years of Dividend Growth | 54 |
| Payout Ratio | 55.23% |
| Buyback Yield | 2.00% |
| Shareholder Yield | 4.38% |
| Earnings Yield | 4.36% |
| FCF Yield | 4.24% |
Analyst Forecast
The average price target for ITW is $254.78, which is 8.18% higher than the current price. The consensus rating is "Hold".
| Price Target | $254.78 |
| Price Target Difference | 8.18% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 4.53% |
| EPS Growth Forecast (5Y) | 9.56% |
Stock Splits
The last stock split was on May 26, 2006. It was a forward split with a ratio of 2:1.
| Last Split Date | May 26, 2006 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
ITW has an Altman Z-Score of 7.84 and a Piotroski F-Score of 8.
| Altman Z-Score | 7.84 |
| Piotroski F-Score | 8 |