earnings
confidence high
sentiment positive
materiality 0.65
ITW Q4 revenue down 1.3% but EPS up 7% to $2.54; record operating margin 26.2%
ILLINOIS TOOL WORKS INC
2024-FY EPS reported
$11.71
revenue$15,898,000,000
- Revenue $3.9B, -1.3%; organic -0.5% (adjusted +0.4% excluding Product Line Simplification).
- GAAP EPS $2.54 (+7%); record operating margin 26.2% (+140 bps; enterprise initiatives +120 bps).
- Record free cash flow $1.0B (+10%); conversion 133%; $375M share repurchases in Q4.
- FY2024 revenue $15.9B, GAAP EPS $11.71 (ex-items $10.15); op margin 26.8% (+170 bps).
- FY2025 guidance: GAAP EPS $10.15-$10.55; organic growth 0-2%; ~$1.5B share repurchases planned.