Illinois Tool Wk Stock Price, News & Analysis

Illinois Tool Works (NYSE: ITW) reported Q1 2025 results with revenue of $3.8 billion, showing a 3.4% decline, with organic growth down 1.6%. The company achieved a 24.8% operating margin and GAAP EPS of $2.38, performing ahead of plan expectations.

Under CEO Christopher O'Herlihy's leadership, ITW maintains its full-year 2025 guidance, with GAAP EPS projected at $10.15 to $10.55 per share. The company's "produce where we sell" strategy and decentralized structure position it well for market volatility. Key Q1 metrics include:

• Free cash flow of $496 million
• Share repurchases of $375 million
• 21.7% effective tax rate
• Enterprise Initiatives contributing 120 basis points

The company projects 0-2% revenue and organic growth for 2025, with operating margins expected between 26.5-27.5%. ITW plans approximately $1.5 billion in share repurchases for the year.

Illinois Tool Works (NYSE: ITW) has announced it will release its first quarter 2025 earnings results on Wednesday, April 30, 2025, at 7:00 a.m. CDT. The company will host an earnings webcast at 9:00 a.m. CDT on the same day.

Participants can join the conference call by dialing 1-888-660-6652 (domestic) or 1-646-960-0554 (international) using passcode 'ITW'. Following the webcast, presentation materials and an audio replay will be available on the investor relations website. An audio-only replay will be accessible from April 30 through May 7 via specific dial-in numbers.

Illinois Tool Works (NYSE: ITW) announced its Board of Directors has declared a quarterly dividend of $1.50 per share for the first quarter of 2025. This dividend translates to an annual rate of $6.00 per share. The payment is scheduled for April 10, 2025, and will be distributed to shareholders who are on record as of March 31, 2025.

Illinois Tool Works (ITW) reported Q4 2024 and full-year results, showing mixed performance. Q4 revenue decreased 1.3% to $3.9 billion, with organic growth declining 0.5%. However, the company achieved a record operating margin of 26.2%, up 140 basis points, and record free cash flow of $1B, a 10% increase.

Full-year 2024 revenue was $15.9 billion, down 1.3%, with organic growth declining 0.7%. The company achieved record GAAP EPS of $11.71, a 20% increase, including one-time gains from LIFO inventory accounting ($0.30) and Wilsonart sale ($1.26).

For 2025, ITW projects organic growth of 0-2%, GAAP EPS of $10.15-$10.55 (including $0.30 forex headwind), and plans to repurchase approximately $1.5 billion of shares. Operating margin is expected to be 26.5-27.5%, with enterprise initiatives contributing about 100 basis points.

Illinois Tool Works (NYSE: ITW) has announced it will release its fourth quarter and full year 2024 financial results on Wednesday, February 5, 2025, at 7:00 a.m. CST. The company will host an earnings webcast at 9:00 a.m. CST on the same day.

For those participating via conference call, the dial-in numbers are 1-888-660-6652 (domestic) and 1-646-960-0554 (international), with passcode 'ITW'. Following the webcast, presentation materials and an audio replay will be available on the investor relations website. An audio-only replay will be accessible from February 5 through February 12 via phone.

Illinois Tool Works (ITW) reported Q3 2024 results with revenue of $4.0 billion, showing a 2% decrease as organic growth declined 1.4%. Operating margin remained stable at 26.5%, with enterprise initiatives contributing 130 basis points. The company reported GAAP EPS of $3.91, including a $1.26 divestiture gain from the Wilsonart sale. Excluding this gain, EPS grew 4% to $2.65. ITW raised its full-year GAAP EPS guidance to $11.63-$11.73 per share. The company maintained strong cash flow with $891 million in operating cash flow and $783 million in free cash flow. During Q3, ITW repurchased $375 million of shares and increased its dividend by 7% to $6.00 per share annually.

Illinois Tool Works (NYSE: ITW) has announced its quarterly dividend declaration for Q4 2024. The Board of Directors approved a dividend of $1.50 per share, equivalent to an annual dividend of $6.00 per share. The dividend will be distributed on January 10, 2025, to shareholders recorded as of December 31, 2024.

Illinois Tool Works (NYSE: ITW) has announced its schedule for the third quarter 2024 earnings release and webcast. The company will release its Q3 2024 results on Wednesday, October 30, 2024, at 7:00 a.m. CDT, followed by an earnings webcast at 9:00 a.m. CDT. Participants can access the webcast through a provided link or join the conference call by dialing specific numbers for domestic and international callers. An audio webcast replay and presentation materials will be available on the company's investor relations website after the event. Additionally, an audio-only replay will be accessible from October 30 through November 6 via provided phone numbers and passcode.

Illinois Tool Works (NYSE: ITW) has announced a significant dividend increase for shareholders. The company's Board of Directors has approved a 7% increase in the dividend payout, which translates to a quarterly increase of $0.10 per share or $0.40 per share annually. The new quarterly dividend rate is set at $1.50 per share, equating to $6.00 per share on a full-year basis.

This increased dividend will be paid on October 11, 2024, to shareholders of record as of September 30, 2024. This move demonstrates ITW's commitment to delivering value to its shareholders and reflects confidence in the company's financial strength and future prospects.