Stock Analysis on Net

Illinois Tool Works Inc. (NYSE:ITW)

This company has been moved to the archive! The financial data has not been updated since February 11, 2022.

Analysis of Revenues

Microsoft Excel

Revenues as Reported

Illinois Tool Works Inc., income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Automotive OEM 2,800 2,571 3,063 3,338 3,271
Food Equipment 2,078 1,739 2,188 2,214 2,123
Test & Measurement and Electronics 2,346 1,963 2,121 2,171 2,069
Welding 1,650 1,384 1,638 1,691 1,538
Polymers & Fluids 1,804 1,622 1,669 1,724 1,724
Construction Products 1,945 1,652 1,625 1,700 1,672
Specialty Products 1,854 1,660 1,825 1,951 1,938
Intersegment revenue (22) (17) (20) (21) (21)
Operating revenue 14,455 12,574 14,109 14,768 14,314

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Item Description The company
Operating revenue Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Illinois Tool Works Inc. operating revenue decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.