Illinois Tool Works Inc.

Illinois Tool Works Inc.verified

ITW

Price:

$245.39

Market Cap:

$73.22B

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 sel...[Read more]

Industry

Industrial - Machinery

IPO Date

1973-03-13

Stock Exchange

NYSE

Ticker

ITW

The Current Ratio as of July 2024 (TTM) for Illinois Tool Works Inc. (ITW) is 1.32

According to Illinois Tool Works Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.32. This represents a change of -9.50% compared to the average of 1.45 of the last 4 quarters.

Illinois Tool Works Inc. (ITW) Historical Current Ratio (quarterly & annually)

How has ITW Current Ratio performed in the past?

The mean historical Current Ratio of Illinois Tool Works Inc. over the last ten years is 2.14. The current 1.32 Current Ratio has changed 6.06% with respect to the historical average. Over the past ten years (40 quarters), ITW's Current Ratio was at its highest in in the December 2019 quarter at 2.90. The Current Ratio was at its lowest in in the March 2023 quarter at 1.20.

Quarterly (TTM)
Annual

Average

2.14

Median

2.25

Minimum

1.33

Maximum

2.90

Illinois Tool Works Inc. (ITW) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Illinois Tool Works Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 77.96%

Maximum Annual Current Ratio = 2.90

Minimum Annual Increase = -31.57%

Minimum Annual Current Ratio = 1.33

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.33-5.13%
20221.41-23.47%
20211.84-27.09%
20202.52-13.21%
20192.9077.96%
20181.63-31.57%
20172.387.46%
20162.22-21.83%
20152.8424.15%
20142.2940.52%

Illinois Tool Works Inc. (ITW) Average Current Ratio

How has ITW Current Ratio performed in the past?

The current Current Ratio of Illinois Tool Works Inc. (ITW) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.53

5-year avg

2.00

10-year avg

2.14

Illinois Tool Works Inc. (ITW) Current Ratio vs. Peers

How is ITW’s Current Ratio compared to its peers?

Illinois Tool Works Inc.’s Current Ratio is less than Pentair plc (1.90), greater than Parker-Hannifin Corporation (0.87), greater than Emerson Electric Co. (1.18), less than A. O. Smith Corporation (1.65), greater than Dover Corporation (1.31), less than Cummins Inc. (1.34), less than Eaton Corporation plc (1.56), less than Ingersoll Rand Inc. (2.32), less than Xylem Inc. (1.67), less than Franklin Electric Co., Inc. (2.85), greater than Rockwell Automation, Inc. (1.11),

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