Illinois Tool Works Inc (ITW)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 4,422,000 | 4,366,000 | 4,017,000 | 3,973,000 | 3,823,000 | 4,017,000 | 3,961,000 | 3,903,000 | 3,842,000 | 3,513,000 | 3,362,000 | 3,322,000 | 3,326,000 | 3,358,000 | 3,291,000 | 2,834,000 | 2,704,000 | 2,711,000 | 2,814,000 | 3,233,000 |
| 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 |
| Pretax margin | 27.81% | 27.37% | 25.08% | 24.74% | 23.74% | 24.96% | 24.64% | 24.38% | 24.11% | 22.46% | 22.14% | 22.37% | 23.01% | 23.56% | 23.50% | 21.99% | 21.50% | 21.57% | 22.09% | 23.45% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $4,422,000K ÷ $15,898,000K
= 27.81%
Illinois Tool Works Inc's pretax margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 23.45% in March 2020, experienced a slight decline to 21.50% by the end of December 2020, and then began to recover, reaching 27.81% by December 31, 2024.
Overall, the trend indicates some variability in the company's ability to generate profits before accounting for taxes. The company's pretax margin improved over the period, with some fluctuations along the way. It peaked at 27.81% by the end of December 2024, showing a positive trajectory in the company's profitability before tax deductions.
Peer comparison
Dec 31, 2024