Illinois Tool Works Inc. (ITW)
ITW Reports Fourth Quarter and Full Year 2024 Results
Fourth Quarter 2024 Highlights Revenue of $3.9 billion, a decrease of 1.3% as organic growth declined 0.5%; Organic growth of 0.4% turned positive excluding Product Line Simplification (PLS) reduction of 0.9% Record operating margin of 26.2%, an increase of 140 bps as enterprise initiatives contributed 120 bps Operating cash flow of $1.1B; record free cash flow of $1B, an increase of 10% with a conversion of 133% GAAP EPS of $2.54, an increase of 7% 2024 Highlights Revenue of $15.9 billion, a decrease of 1.3% as organic growth declined 0.7% in markets that were down low to mid-single digits Record operating margin of 26.8% as enterprise initiatives contributed 130 bps Record GAAP EPS of $11.71, an increase of 20% 2025 Guidance Above-market organic growth of 0 to 2% based on current levels of demand; Organic growth of 1 to 3% excluding PLS reduction of approximately 1%-point Enterprise initiatives contributing approximately 100 bps to margin improvement GAAP EPS of $10.15 to $10.55 including foreign currency translation headwind of $0.30 GLENVIEW, Ill., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its fourth quarter and full year 2024 results and initiated guidance for full year 2025.
Countdown to Illinois Tool Works (ITW) Q4 Earnings: Wall Street Forecasts for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Illinois Tool Works (ITW), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Illinois Tool Gears Up to Report Q4 Earnings: What to Expect
ITW's fourth-quarter results are likely to gain from strength across the Automotive OEM and Specialty Products units. Softness in the Test & Measurement and Electronics segment is expected to weigh on results.
Illinois Tool Works (ITW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Illinois Tool Works (ITW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here's Why You Should Avoid Investing in Illinois Tool Stock Right Now
ITW experiences weakness in its operations due to softness in the Test & Measurement, Welding and Construction Products segments. Forex woes are added concerns.
3 Unstoppable Dividend Stocks to Buy Even if There's a Stock Market Sell-Off in 2025
Equity markets have been bouncing all over the place to kick off the new year. Some folks may be concerned that valuations are stretched thin after back-to-back years of over 20% gains in the S&P 500 in 2023 and 2024.
ITW Schedules Fourth Quarter and Full Year 2024 Earnings Webcast
GLENVIEW, Ill., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its fourth quarter and full year 2024 results on Wednesday, February 5, 2025 at 7:00 a.m. CST. Following the release, ITW will hold its fourth quarter and full year 2024 earnings webcast at 9:00 a.m. CST.
Can Illinois Tool Works (ITW) Keep the Earnings Surprise Streak Alive?
Illinois Tool Works (ITW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Illinois Tool Benefits From Business Strength Amid Headwinds
ITW gains from strength across markets, enterprise initiatives and shareholder-friendly moves. Softness in the MTS test & simulation business persists.
3 Dividend King Stocks Near All-Time Highs That You Can Still Buy in December
Buying stocks when they are trading near their all-time highs is never easy. Our instincts tell us that paying a high price for something is a bad deal.
Illinois Tool Works (ITW) Up 5.7% Since Last Earnings Report: Can It Continue?
Illinois Tool Works (ITW) reported earnings 30 days ago. What's next for the stock?
