Illinois Tool Works Inc. (NYSE: ITW)
Specialty Industrial Machinery · Glenview, IL, United States · Founded 1912
- Market capitalization: $75.0 billion
- Annual revenue: $14.77 billion
- Net income: $3.0 billion
- Employees: 46,000
- Sector: Industrials
- Headquarters: Glenview, United States
- Founded: 1912
Source: Statvoo company profile for Illinois Tool Works Inc.. Browse all 500+ companies
Illinois Tool Works — ITW — is a diversified manufacturer operating across seven segments: automotive, food equipment, test and measurement, welding, polymers, construction, and specialty products. They make everything from car parts to commercial ovens to welding machines. The 80/20 management philosophy is their secret weapon.
ITW sells engineered products and equipment to industrial and commercial customers worldwide. Their 80/20 approach — focusing resources on the 20% of products and customers that drive 80% of revenue — keeps margins fat and operations lean.
Founded in 1912 in Chicago, ITW spent decades as an acquisition machine, buying hundreds of small industrial companies. Starting in 2012, they reversed course with a massive simplification program, divesting non-core businesses and going from 800+ divisions to about 85. The transformation supercharged margins.
| Market Capitalization | $75.0B |
| Annual Revenue | $14.77B |
| Net Income | $3.0B |
| Profit Margin | 20% |
| Revenue per Employee | $321087K |
| Stock Exchange | NYSE |
| Ticker Symbol | ITW |
Financial data is approximate and based on most recent annual filings.
ITW once owned over 800 separate business units before its simplification. The company holds more than 17,000 active patents worldwide.
ITW is a masterclass in operational discipline. The 80/20 model is simple, ruthless, and incredibly effective at generating shareholder returns.
What is Illinois Tool Works Inc.'s revenue?
Illinois Tool Works Inc. generates approximately $14.77 billion in annual revenue.
How many employees does Illinois Tool Works Inc. have?
Illinois Tool Works Inc. employs approximately 46,000 people worldwide.
What is Illinois Tool Works Inc.'s market cap?
Illinois Tool Works Inc. (ITW) has a market capitalization of approximately $75.0 billion on the NYSE.
When was Illinois Tool Works Inc. founded?
Illinois Tool Works Inc. was founded in 1912 and is headquartered in Glenview, IL, United States.
Who is the CEO of Illinois Tool Works Inc.?
Chris O'Herlihy is the current CEO of Illinois Tool Works Inc..
What is Illinois Tool Works Inc.'s website?
Illinois Tool Works Inc.'s official website is itw.com.
| CEO | Chris O'Herlihy |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Founded | 1912 |
| HQ | Glenview, IL |
| Country | United States |
| Website | itw.com |
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