Name | Value |
---|---|
Revenues | 4,031.0M |
Cost of Revenue | 2,319.0M |
Gross Profit | 1,712.0M |
Operating Expense | 642.0M |
Operating I/L | 1,070.0M |
Other Income/Expense | 10.0M |
Interest Income | 67.0M |
Pretax | 1,013.0M |
Income Tax Expense | 241.0M |
Net Income/Loss | 772.0M |
Illinois Tool Works Inc. is a global manufacturer and seller of industrial products and equipment. The company operates through seven segments, including Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Specialty Products. Its offerings range from plastic and metal components for automobiles to food processing equipment, welding products, adhesives, and engineered fastening systems. Illinois Tool Works serves various end markets such as automotive OEM/tiers, commercial food equipment, construction, general industrial, and automotive aftermarket. The company generates revenue by distributing its products directly to industrial manufacturers and through independent distributors.