Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment offers beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM/tiers, commercial food equipment, construction, general industrial, and automotive aftermarket end markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.

Illinois Tool Works Inc.

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Automotive OEM Operating Profit

Automotive OEM Operating Profit % Chg.

Automotive OEM Operating Profit Common Size

Food Equipment Operating Profit

Food Equipment Operating Profit % Chg.

Food Equipment Operating Profit Common Size

Test & Measurement and Electronics Operating Profit

Test & Measurement and Electronics Operating Profit % Chg.

Test & Measurement and Electronics Operating Profit Common Size

Welding Operating Profit

Welding Operating Profit % Chg.

Welding Operating Profit Common Size

Polymers & Fluids Operating Profit

Polymers & Fluids Operating Profit % Chg.

Polymers & Fluids Operating Profit Common Size

Construction Products Operating Profit

Construction Products Operating Profit % Chg.

Construction Products Operating Profit Common Size

Specialty Products Operating Profit

Specialty Products Operating Profit % Chg.

Specialty Products Operating Profit Common Size

Other EBIT

Other EBIT % Chg.

Other EBIT Common Size

Total EBIT

Total EBIT Common Size

Total EBIT % Chg.

Organic Operating Revenue Growth

Organic Operating Revenue Growth % Chg.

Key Performance Indicators

Automotive OEM Revenue

Automotive OEM Revenue % Chg.

Automotive OEM Revenue Common Size

Food Equipment Revenue

Food Equipment Revenue % Chg.

Food Equipment Revenue Common Size

Test & Measurement and Electronics Revenue

Test & Measurement and Electronics Revenue % Chg.

Test & Measurement and Electronics Revenue Common Size

Welding Revenue

Welding Revenue % Chg.

Welding Revenue Common Size

Polymers & Fluids Revenue

Polymers & Fluids Revenue % Chg.

Polymers & Fluids Revenue Common Size

Construction Products Revenue

Construction Products Revenue % Chg.

Construction Products Revenue Common Size

Specialty Products Revenue

Specialty Products Revenue % Chg.

Specialty Products Revenue Common Size

Other Revenue

Other Revenue % Chg.

Other Revenue Common Size

Total Revenue

Total Revenue Common Size

Total Revenue % Chg.

Revenue	LTM	Dec '24	Dec '23
Automotive OEM Revenue	3,246	3,188	3,235
Food Equipment Revenue	2,673	2,647	2,622
Test & Measurement and Electronics Revenue	2,783	2,818	2,832
Welding Revenue	1,875	1,851	1,902
Polymers & Fluids Revenue	1,738	1,764	1,804
Construction Products Revenue	1,827	1,909	2,033
Specialty Products Revenue	1,758	1,743	1,697
Other Revenue	-17	-22	-18
Total Revenue	15,883	15,898	16,107

EBIT	LTM	Dec '24	Dec '23
Automotive OEM Operating Profit	669	625	561
Food Equipment Operating Profit	739	719	713
Test & Measurement and Electronics Operating Profit	675	703	686
Welding Operating Profit	607	597	605
Polymers & Fluids Operating Profit	481	484	482
Construction Products Operating Profit	547	559	578
Specialty Products Operating Profit	547	528	449
Other EBIT	-103	49	-34
Total EBIT	4,162	4,264	4,040