Illinois Tool Works Inc
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Illinois Tool Works Inc - overview
Established
1912
Location
Glenview, IL-Illinois, US
Primary Industry
Industrial Machinery
About
Illinois Tool Works Inc. is a global diversified manufacturing company that provides innovative products and services across various sectors, enhancing operational efficiency and performance for its clients. Founded by Atharva Patel and others, Illinois Tool Works Inc. operates globally, with its headquarters located in Glenview, US.
The company engages in diverse manufacturing operations and recently completed a PIPE investment from Arjuna Capital, raising USD 1. 458 mn on October 1, 2024. The company has a total of 1 deal to date. ITW operates across seven industry-leading segments, delivering a broad array of products and services focused on specialized equipment, consumables, and solutions tailored to meet the needs of diverse markets.
Their core offerings include engineered fasteners, power tools, and a variety of equipment utilized in packaging, construction, and manufacturing applications. ITW's products are designed to enhance operational efficiency and reliability, catering to clients in construction, automotive, food and beverage, and consumer goods sectors. The end-users are typically large-scale manufacturers and contractors in North America, Europe, and Asia, where ITW’s products are integrated into critical processes to improve performance and productivity. With a commitment to innovation, ITW continually develops solutions that address specific industry challenges, ensuring its offerings remain relevant and effective in a rapidly evolving marketplace.
In the most recent fiscal year 2024, Illinois Tool Works Inc. reported a revenue of USD 15. 898 bn and an EBITDA of USD 4. 666 bn.
The company generates revenue primarily through business-to-business transactions, operating under a diverse transactional structure that includes direct sales and partnerships with distributors. Their sales model is characterized by the provision of both standalone products and integrated solutions, allowing clients to choose from a range of offerings based on their operational needs. Illinois Tool Works Inc. aims to leverage its recent funding to expand its product offerings and enter new markets.
The company is designing new products scheduled for launch in early 2025, targeting increased market share in Europe and Asia-Pacific by mid-2025. The funds raised through the recent PIPE investment will facilitate these initiatives, ensuring that ITW continues to meet evolving customer demands and industry standards.
Current Investors
Arjuna Capital
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.itw.com
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Illinois Tool Works Inc - timeline of key events
Illinois Tool Works Inc - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 14,484,000,000 | 13,405,000,000 | 13,599,000,000 | 14,314,000,000 | 14,768,000,000 | 14,109,000,000 | 12,574,000,000 | 14,455,000,000 | 15,932,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | (7.4%) | 1.4% | 5.3% | 3.2% | (4.5%) | (10.9%) | 15.0% | 10.2% | - | - | - |
| EBITDA (USD) | 3,392,000,000 | 3,342,000,000 | 3,534,000,000 | 3,956,000,000 | 4,045,000,000 | 3,828,000,000 | 3,309,000,000 | 3,887,000,000 | 4,200,000,000 | - | - | - |
| Operating Income (USD) | 2,888,000,000 | 2,867,000,000 | 3,064,000,000 | 3,494,000,000 | 3,584,000,000 | 3,402,000,000 | 2,882,000,000 | 3,477,000,000 | 3,790,000,000 | - | - | - |
| Operating Margin | 19.9% | 21.4% | 22.5% | 24.4% | 24.3% | 24.1% | 22.9% | 24.1% | 23.8% | - | - | - |
| % EBITDA Margin | 23.4% | 24.9% | 26.0% | 27.6% | 27.4% | 27.1% | 26.3% | 26.9% | 26.4% | - | - | - |
| NET Income (USD) | 2,946,000,000 | 1,899,000,000 | 2,035,000,000 | 1,687,000,000 | 2,563,000,000 | 2,521,000,000 | 2,109,000,000 | 2,694,000,000 | 3,034,000,000 | - | - | - |
| % Net Margin | 20.3% | 14.2% | 15.0% | 11.8% | 17.4% | 17.9% | 16.8% | 18.6% | 19.0% | - | - | - |
Illinois Tool Works Inc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct, PIPE | Completed | Illinois Tool Works Inc | - | ||||||||
| LP Direct | Completed | Peerless Food Equipment | - | ||||||||
| Buyout | Completed | Signode Industrial Group Holdings US, Inc. | - | ||||||||
| Trade Sale | Completed | Vesta | - | ||||||||
| Buyout | Completed | James Briggs (Holdings) Limited | - |
Displaying 1 - 5 of 10
Illinois Tool Works Inc - employee data
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