Illinois Tool Works ITW
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Illinois Tool Works (ITW) Business Model and Operations Summary
Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one fifth of revenue. ITW's automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test & measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers & fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment.
Key Insights
Illinois Tool Works (ITW) Core Market Data and Business Metrics
Latest Closing Price
$248.7Market Cap
$72.90 BillionPrice-Earnings Ratio
21.51Total Outstanding Shares
293.37 Million SharesTotal Employees
44,000Dividend
$1.50 Per Share QuarterlyIPO Date
March 13, 1973SIC Description
General Industrial Machinery & EquipmentPrimary Exchange
New York Stock ExchangeHeadquarters
155 Harlem Avenue, Glenview, IL, 60025
Historical Stock Splits
If you bought 1 share of ITW before May 26, 2006, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| May 26, 2006 | 2-for-1 |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities | $-147 Million |
| Net Cash Flow From Financing Activities | $-3.12 Billion |
| Net Cash Flow From Operating Activities, Continuing | $3.21 Billion |
| Net Cash Flow, Continuing | $-64 Million |
| Net Cash Flow From Financing Activities, Continuing | $-3.12 Billion |
| Net Cash Flow | $-43 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Basic Average Shares | $593.60 Million |
| Net Income/Loss | $3.46 Billion |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Income/Loss From Continuing Operations Before Tax | $3.67 Billion |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Income Tax Expense/Benefit | $911 Million |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $3.51 Billion |
| Other Comprehensive Income/Loss | $53 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss Attributable To Parent | $3.51 Billion |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Noncurrent Liabilities | $7.80 Billion |
| Other Current Liabilities | $3.63 Billion |
| Current Liabilities | $4.63 Billion |
| Noncurrent Assets | $9.52 Billion |
| Fixed Assets | $2.07 Billion |
| Current Assets | $6.30 Billion |
Historical Dividends
Current dividend: $1.50 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 14, 2025 | Apr 10, 2025 | Mar 31, 2025 | $1.5 | Quarterly |
| Oct 24, 2024 | Jan 10, 2025 | Dec 31, 2024 | $1.5 | Quarterly |
| Aug 2, 2024 | Oct 11, 2024 | Sep 30, 2024 | $1.5 | Quarterly |
| May 3, 2024 | Jul 11, 2024 | Jun 28, 2024 | $1.4 | Quarterly |
| Feb 9, 2024 | Apr 11, 2024 | Mar 29, 2024 | $1.4 | Quarterly |
| Oct 26, 2023 | Jan 11, 2024 | Dec 29, 2023 | $1.4 | Quarterly |