Illinois Tool Works ITW Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 175.5%+0.5pp | 175%+7.7pp | 167.3%+4.8pp | 162.5%-4.1pp | |
| Operating margin | 104.4%-1.5pp | 105.9%+7.0pp | 98.9%+5.5pp | 93.4%-3.6pp | |
| Net margin | 80.8%-1.0pp | 81.8%+5.3pp | 76.5%+4.4pp | 72.1%-2.0pp | |
| EBITDA margin | 112.2%-1.0pp | 113.2%+7.5pp | 105.8%+5.1pp | 100.7%-4.3pp | |
| Free cash flow margin | 70.1%-1.2pp | 71.3%+4.1pp | 67.2%+16.6pp | 50.6%-17.6pp | |
| Returns | |||||
| Return on assets | 81.9%-2.4pp | 84.3%+5.7pp | 78.6%+7.8pp | 70.8%+3.2pp | |
| Efficiency | |||||
| Asset turnover | 4.1×-0.1× | 4.1×0.0× | 4.1×+0.2× | 3.9×+0.3× | |
| Inventory turnover | 20.6×+0.7× | 19.9×+0.4× | 19.5×-1.7× | 21.2×-3.3× | |
| Liquidity | |||||
| Current ratio | 5.9×+0.6× | 5.3×-0.4× | 5.7×-0.3× | 6×-2.7× | |
| Quick ratio | 4.3×+0.5× | 3.8×-0.2× | 4×-0.1× | 4.2×-2.6× | |
| Cash ratio | 0.8×0.0× | 0.8×-0.1× | 0.9×0.0× | 0.9×-1.9× | |
| Leverage | |||||
| Debt-to-assets | 1.9×+0.2× | 1.7×0.0× | 1.8×-0.2× | 2×+1.4× | |
| Net debt / EBITDA | 6.1×+1.0× | 5×-0.5× | 5.5×-1.5× | 7.1×+6.8× | |
| Interest coverage | 58.3×-1.7× | 60×-5.9× | 65.9×-7.0× | 72.9×+7.2× | |
| Valuation | |||||
| Market capitalization | $292.33B-3.8% | $303.9B+2.2% | $297.5B+21.1% | $245.68B-12.9% | |
| Enterprise value | $319.47B-2.2% | $326.75B+1.8% | $321.03B+17.6% | $273.1B-3.6% | |
| Price / earnings | 91.4×-1.9× | 93.3×-3.6× | 97×+8.4× | 88.5×-21.7× | |
| Price / sales | 18.4×-0.6× | 19×+0.5× | 18.5×+2.6× | 16×-4.4× | |
| EV / EBITDA | 71.8×-0.5× | 72.2×-3.3× | 75.5×+5.1× | 70.4×-7.4× | |
| EV / sales | 20.1×-0.3× | 20.4×+0.5× | 20×+2.2× | 17.7×-2.6× | |
| Free cash flow yield | 15.2%+0.2pp | 15%+0.5pp | 14.5%+1.8pp | 12.8%-0.7pp | |
| Earnings yield | 17.6%+0.3pp | 17.2%+0.7pp | 16.6%-1.6pp | 18.2%+3.5pp | |
| Dividend yield | 9.6%+0.8pp | 8.8%+0.2pp | 8.6%-1.4pp | 9.9%+1.8pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Illinois Tool Works's profit margins?
- Illinois Tool Works (ITW) runs a 44.1% gross margin and a 26.4% operating margin, with a 19.3% net margin.
- Where do Illinois Tool Works's ratios come from?
- Every ratio is computed from Illinois Tool Works's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
