Stock Analysis on Net
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.

Common-Size Income Statement
Quarterly Data

Illinois Tool Works Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Operating revenue 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of revenue -59.55 -58.94 -58.84 -57.53 -57.55 -57.76 -62.17 -57.96 -58.29 -57.69 -58.16 -57.97 -58.55 -58.01 -58.24 -58.25 -58.53 -57.93 -57.99 -57.74
Gross profit 40.45% 41.06% 41.16% 42.47% 42.45% 42.24% 37.83% 42.04% 41.71% 42.31% 41.84% 42.03% 41.45% 41.99% 41.76% 41.75% 41.47% 42.07% 42.01% 42.26%
Selling, administrative, and research and development expenses -16.88 -16.34 -16.00 -15.97 -16.03 -16.93 -18.95 -17.35 -16.89 -16.27 -16.57 -17.20 -16.15 -16.08 -16.18 -16.35 -16.67 -16.29 -16.70 -17.43
Legal settlement income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.21 0.42 0.00
Amortization and impairment of intangible assets -0.90 -0.96 -0.87 -0.96 -1.01 -1.45 -1.37 -1.12 -1.07 -1.09 -1.14 -1.21 -1.28 -1.30 -1.25 -1.28 -1.38 -1.41 -1.44 -1.53
Operating income 22.67% 23.76% 24.29% 25.54% 25.41% 23.86% 17.51% 23.57% 23.75% 24.95% 24.13% 23.62% 24.02% 24.61% 24.33% 24.12% 23.42% 26.58% 24.28% 23.31%
Interest expense -1.33 -1.38 -1.41 -1.47 -1.50 -1.57 -1.99 -1.58 -1.47 -1.49 -1.52 -1.77 -1.76 -1.77 -1.67 -1.76 -1.82 -1.80 -1.81 -1.84
Other income (expense) 0.19 0.28 0.60 0.34 -0.20 0.06 0.31 0.77 1.67 0.75 0.25 0.39 0.53 0.28 0.68 0.32 0.33 0.28 0.28 0.12
Income before taxes 21.53% 22.67% 23.48% 24.41% 23.71% 22.35% 15.83% 22.77% 23.96% 24.20% 22.86% 22.24% 22.79% 23.11% 23.34% 22.68% 21.93% 25.06% 22.76% 21.58%
Income taxes -4.97 -4.70 -2.39 -5.47 -5.24 -4.75 -3.39 -5.24 -5.48 -5.23 -5.60 -5.43 -5.84 -5.45 -5.95 -5.26 -24.03 -7.36 -6.45 -6.14
Net income 16.55% 17.97% 21.08% 18.93% 18.47% 17.60% 12.44% 17.53% 18.48% 18.97% 17.26% 16.81% 16.96% 17.66% 17.38% 17.41% -2.09% 17.70% 16.31% 15.44%

Based on: 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Illinois Tool Works Inc. operating income as a percentage of operating revenue decreased from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021.
Income before taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Illinois Tool Works Inc. income before taxes as a percentage of operating revenue decreased from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Illinois Tool Works Inc. net income as a percentage of operating revenue decreased from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021.