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Illinois Tool Works (ITW)
NYSE:ITW
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.35Last Year’s EPS
2.73Same Quarter Last Year
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: 4.26%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong operational performance with record operating margin and free cash flow improvements. Despite challenges such as a decline in organic revenue and non-operational headwinds, the company showed resilience and strategic positioning for future growth, particularly highlighted by improvements in key segments and innovation initiatives.Company Guidance
In the conference call, Illinois Tool Works Inc. provided guidance for the full year 2025, expecting organic growth of 1% to 3% excluding product line simplification. The company projected a midpoint GAAP EPS of $10.35, reflecting non-operational headwinds, including a $0.30 impact from foreign currency translation. They anticipate a 100 basis point improvement in operating margins, driven by enterprise initiatives, independent of volume. The company aims for free cash flow conversion greater than 100% and plans to repurchase $1.5 billion in shares. Additionally, they highlighted their goal to achieve a 3% plus customer-backed innovation (CBI) yield by 2030, with a notable 18% increase in patent filings in 2024.Record Operating Margin and Free Cash Flow
Illinois Tool Works Inc. achieved record operating margin of 26.2%, an increase of 140 basis points, and free cash flow increased by 10% with a conversion to net income of 133%.
Improved GAAP EPS
GAAP EPS improved by 7% to $2.54, despite a slight decline in total revenues.
Continued Progress in Automotive OEM and Construction Products
Achieved record financial results, particularly evident in segments such as automotive OEM and construction products.
Patent Filings Increase
Patent filings increased by 18% in 2024, indicating strong progress in customer-back innovation.
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ITW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ITW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | $254.68 | $254.24 | -0.17% |
| Oct 30, 2024 | $254.53 | $262.77 | +3.24% |
| Jul 30, 2024 | $245.16 | $246.46 | +0.53% |
| Apr 30, 2024 | $244.91 | $239.87 | -2.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Illinois Tool Works (ITW) report earnings?
Illinois Tool Works (ITW) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Illinois Tool Works (ITW) earnings time?
Illinois Tool Works (ITW) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ITW EPS forecast?
ITW EPS forecast for the fiscal quarter 2025 (Q1) is 2.35.
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