Illinois Tool Works Inc (ITW)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,488,000 | 3,455,000 | 3,067,000 | 3,062,000 | 2,957,000 | 3,147,000 | 3,102,000 | 3,086,000 | 3,034,000 | 2,736,000 | 2,648,000 | 2,685,000 | 2,694,000 | 2,727,000 | 2,670,000 | 2,214,000 | 2,109,000 | 2,108,000 | 2,186,000 | 2,490,000 |
| Revenue (ttm) | US$ in thousands | 15,898,000 | 15,949,000 | 16,014,000 | 16,061,000 | 16,107,000 | 16,095,000 | 16,075,000 | 16,012,000 | 15,932,000 | 15,640,000 | 15,185,000 | 14,850,000 | 14,455,000 | 14,251,000 | 14,002,000 | 12,890,000 | 12,574,000 | 12,568,000 | 12,740,000 | 13,785,000 |
| Net profit margin | 21.94% | 21.66% | 19.15% | 19.06% | 18.36% | 19.55% | 19.30% | 19.27% | 19.04% | 17.49% | 17.44% | 18.08% | 18.64% | 19.14% | 19.07% | 17.18% | 16.77% | 16.77% | 17.16% | 18.06% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,488,000K ÷ $15,898,000K
= 21.94%
The net profit margin of Illinois Tool Works Inc has shown fluctuations over the periods outlined in the data. It started at 18.06% as of March 31, 2020, decreased slightly to 16.77% by September 30, 2020, and then started to improve, reaching 19.07% by June 30, 2021. There were variations in the following periods, with margins ranging between 16.77% and 19.55%.
Notably, the net profit margin experienced a significant surge in the latter part of the dataset, reaching its highest levels of 21.66% as of September 30, 2024 and peaking at 21.94% by December 31, 2024. This increase indicates an improvement in the company's ability to generate profit relative to its revenue during the latter part of the period.
Overall, the net profit margin trend of Illinois Tool Works Inc displays some volatility but generally shows a positive trajectory, with periods of both stability and growth. It is essential to monitor future performance to assess the sustainability of these improvements and ensure the company's profitability remains strong.
Peer comparison
Dec 31, 2024