Illinois Tool Works Inc (ITW) Files 10-K for the Fiscal Year Ended on December 31, 2017

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Illinois Tool Works Inc (ITW) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Illinois Tool Works Inc is a diversified manufacturer with over 80 business divisions across the world. The company operates through seven segments manufacturing a broad range of industrial products and equipment across various sectors. Illinois Tool Works Inc has a market cap of $55.39 billion; its shares were traded at around $161.69 with a P/E ratio of 33.27 and P/S ratio of 4.00. The dividend yield of Illinois Tool Works Inc stocks is 1.77%. Illinois Tool Works Inc had annual average EBITDA growth of 7.90% over the past ten years. GuruFocus rated Illinois Tool Works Inc the business predictability rank of 3-star.


For the last quarter Illinois Tool Works Inc reported a revenue of $3.6 billion, compared with the revenue of $3.4 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $14.3 billion, an increase of 5.3% from last year. For the last five years Illinois Tool Works Inc had an average revenue decline of 1% a year.

The reported diluted earnings per share was $4.86 for the year, a decline of 14.7% from the previous year. Over the last five years Illinois Tool Works Inc had an average EPS decline of 0.5% a year. The Illinois Tool Works Inc enjoyed an operating margin of 24.41%, compared with the operating margin of 22.53% a year before. The 10-year historical median operating margin of Illinois Tool Works Inc is 16.60%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Illinois Tool Works Inc has the cash and cash equivalents of $3.1 billion, compared with $2.5 billion in the previous year. The long term debt was $7.5 billion, compared with $7.2 billion in the previous year. The interest coverage to the debt is at a comfortable level of 13.4. Illinois Tool Works Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $161.69, Illinois Tool Works Inc is traded at 84.2% premium to its historical median P/S valuation band of $87.77. The P/S ratio of the stock is 4.00, while the historical median P/S ratio is 2.17. The intrinsic value of the stock is $61.79 a share, according to GuruFocus DCF Calculator. The stock gained 27.57% during the past 12 months.

Directors and Officers Recent Trades:

  • Executive Vice President Sundaram Nagarajan sold 18,650 shares of ITW stock on 01/26/2018 at the average price of $178. The price of the stock has decreased by 9.16% since.

For the complete 20-year historical financial data of ITW, click here.

This article first appeared on GuruFocus.


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