Illinois Tool Works Inc

ITW: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Illinois Tool Works Earnings: Flat Revenue Growth and Efficiency Gains Produce an Adequate Year

Nicholas Lieb

Feb 5, 2025

Illinois Tool Works reported its fourth-quarter and full-year 2024 results the morning of Feb. 5. Full-year organic revenue declined by 0.7%, but earnings per share compounded midsingle digits from share buybacks and a record-high 26.8% operating margin. Our fair value estimate of $215 per share has remains unchanged.

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Illinois Tool Works Inc

Illinois Tool Works Earnings: Flat Revenue Growth and Efficiency Gains Produce an Adequate Year

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