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Illinois Tool Works ITW Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin175.5%+0.5pp175%+7.7pp167.3%+4.8pp162.5%-4.1pp
Operating margin104.4%-1.5pp105.9%+7.0pp98.9%+5.5pp93.4%-3.6pp
Net margin80.8%-1.0pp81.8%+5.3pp76.5%+4.4pp72.1%-2.0pp
EBITDA margin112.2%-1.0pp113.2%+7.5pp105.8%+5.1pp100.7%-4.3pp
Free cash flow margin70.1%-1.2pp71.3%+4.1pp67.2%+16.6pp50.6%-17.6pp
Returns
Return on assets81.9%-2.4pp84.3%+5.7pp78.6%+7.8pp70.8%+3.2pp
Efficiency
Asset turnover4.1×-0.1×4.1×0.0×4.1×+0.2×3.9×+0.3×
Inventory turnover20.6×+0.7×19.9×+0.4×19.5×-1.7×21.2×-3.3×
Liquidity
Current ratio5.9×+0.6×5.3×-0.4×5.7×-0.3×-2.7×
Quick ratio4.3×+0.5×3.8×-0.2×-0.1×4.2×-2.6×
Cash ratio0.8×0.0×0.8×-0.1×0.9×0.0×0.9×-1.9×
Leverage
Debt-to-assets1.9×+0.2×1.7×0.0×1.8×-0.2×+1.4×
Net debt / EBITDA6.1×+1.0×-0.5×5.5×-1.5×7.1×+6.8×
Interest coverage58.3×-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 / earnings91.4×-1.9×93.3×-3.6×97×+8.4×88.5×-21.7×
Price / sales18.4×-0.6×19×+0.5×18.5×+2.6×16×-4.4×
EV / EBITDA71.8×-0.5×72.2×-3.3×75.5×+5.1×70.4×-7.4×
EV / sales20.1×-0.3×20.4×+0.5×20×+2.2×17.7×-2.6×
Free cash flow yield15.2%+0.2pp15%+0.5pp14.5%+1.8pp12.8%-0.7pp
Earnings yield17.6%+0.3pp17.2%+0.7pp16.6%-1.6pp18.2%+3.5pp
Dividend yield9.6%+0.8pp8.8%+0.2pp8.6%-1.4pp9.9%+1.8pp

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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.