ITW Q3 GAAP EPS $3.91 (incl. $1.26 gain); ex-gain EPS $2.65 up 4%; revenue $4.0B down 1.6%

ILLINOIS TOOL WORKS INC

2024-Q3 EPS reported $9.17 revenue$11,966,000,000

GAAP EPS $3.91 includes $1.26 gain from Wilsonart sale; adjusted EPS $2.65, up 4% YoY.
Revenue $4.0B, organic decline 1.4%; operating margin 26.5% flat, enterprise initiatives +130 bps.
Raising full-year GAAP EPS guidance to $11.63-$11.73 (up $1.33 from prior range).
Dividend raised 7% to $6.00 annualized; Q3 free cash flow $783M, 102% conversion.
Plans to repurchase ~$1.5B of shares in 2024; effective tax rate projected ~21.5%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.