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Illinois Tool Works Inc ITW Stock Quote

| Rating as of

NYSE: ITW

Last close prices updated as of Feb 02, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 250.54
  • Sector Industrials
  • Industry Specialty Industrial Machinery
  • Investment Style Large Blend
  • Day Range 244.87  –  253.37
  • Year Range 173.52  –  253.37
  • Market Cap 76.9625 Bil
  • Volume / Avg 2.3 Mil /  979,120.7
  • Price / Sales 4.89
  • Price / Book 24.92
  • Forward Div Yield 2.09%
  • Trailing Div Yield 2.02%

Morningstar‘s Stock Analysis ITW

Valuation
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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

What Recession? Illinois Tool Works Continues Its Record of Steady Performance

Joshua Aguilar Senior Analyst

Business Strategy and Outlook

| Joshua Aguilar |

We view Illinois Tool Works as a well-run collection of moaty businesses. The company focuses on niche markets, with most of its activities centered on resolving its most valuable customers’ pain points. ITW’s products and services are designed to reduce customers’ costs, either through ease of use, which cuts down on training costs, ensuring compliance with environmental and safety standards through quality products, or eliminating steps in a manufacturing process or parts in an assembly.

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Key Statistics ITW

Company Profile ITW

Business Description

Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.

Contact
155 Harlem Avenue
Glenview, IL, 60025
Industry Specialty Industrial Machinery
Employees 45,000

Related Articles ITW

FAQs for Illinois Tool Works Inc Stock

Yes. ITW has a forward dividend yield of 2.19%. See ITW’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

ITW’s market cap is 76.96 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

ITW’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

ITW’s price/sales is 4.79.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

ITW’s price/forward earnings is 26.04.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

ITW’s price/book is 24.42.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See ITW’s valuation ratios compared to the Market Index.

ITW’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare ITW’s historical performance against its industry peers and the overall market.