October 24, 2023 Safe Harbor Statement Non-GAAP Measures 2 $2.35 - Foreign exchange translation impact of +1.5% $4.03B +0.2% Organic - Operating income grew 9% to $1.1B OPERATING MARGIN 24.5% Third Quarter 2023 Earnings Conference Call Forward-Looking Statements This presentation and related conference call contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements regarding global supply chain ch ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number: 1-4797 ILLINOIS TOOL WORKS INC. (Exact name of registrant as specified in its charter) Delaware 36-1 ...

Safe Harbor Statement 2 HIGHLIGHTS – Divestiture impact of (1)% - Enterprise initiatives contributed 130 bps - 94% conversion to net income Q2'23 Financial Performance • Organic revenue 16% 4 • North America 8% • Test & Measurement 10% Q2'23 Segment Performance • International 5% • Fluids (1)% $526M $565M Q2'22 Q2'23 Total Revenue 29.3% Operating Margin 27.6% Q2'22 Q2'23 (7)% +170 bps $447M $423M • North America (3)% August 1, 2023 Non-GAAP Measures | --- | --- | --- | --- | |------------------------------- ...

Test and measurement and electronics delivered positive organic growth of 1%. The slowdown in semiconductor-related revenues, which represent about 20% of the segment, reduced the segment growth rate by 6 percentage points. Test and measurement grew 10% with continued strong demand for capital equipment as evidenced, for example, by Instron, which grew 30%. Electronics declined 13% on semiconductor softness, which is, however, beginning to show some signs of bottoming out. new record for the segment and for ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number: 1-4797 ILLINOIS TOOL WORKS INC. (Exact name of registrant as specified in its charter) Delaware 36- ...

That would be great. And then just my follow-on is just going back to order margins. You've talked about price cost, I understand that. North America was 3% growth, Europe is 17%. Just wondering if there's a mix issue as well that maybe just essentially to that margin to the downside. And when you talk about sequential improvement in order margins in Q2, do you think that continues into the back half of the year, so we have a nice cadence Q-over-Q from here? And is it fair to assume sort of firm why that pr ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-4797 ILLINOIS TOOL WORKS INC. (Exact Name of Registrant as Specified in its Charter) Delaware 36-1258310 (State or Other Jurisdiction of Incorpora ...

Illinois Tool Works Inc. (NYSE:ITW) Q4 2022 Results Conference Call February 2, 2023 10:00 AM ET Company Participants Karen Fletcher - Vice President, Investor Relations Scott Santi - Chairman and Chief Executive Officer Michael Larsen - Senior Vice President and Chief Financial Officer Conference Call Participants Jamie Cook - Credit Suisse Scott Davis - Melius Research Tami Zakaria - JPMorgan Andy Kaplowitz - Citigroup Jeff Sprague - Vertical Research Stephen Volkmann - Jefferies Dan Donner - BMO Capital ...

Illinois Tool Works Inc. (NYSE:ITW) Q3 2022 Earnings Conference Call October 25, 2022 10:00 AM ET Company Participants Karen Fletcher - Vice President, Investor Relations Scott Santi - Chairman and Chief Executive Officer Michael Larsen - Senior Vice President and Chief Financial Officer Conference Call Participants Scott Davis - Melius Research Tami Zakaria - JPMorgan Andy Kaplowitz - Citigroup Joe Ritchie - Goldman Sachs Jamie Cook - Credit Suisse Joe OÂ'Dea - Wells Fargo Steven Fisher - UBS Stephen Volkm ...

| --- | --- | --- | --- | |-------|--------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | THIRD QUARTER 2022 | | | | | | | | | | EARNINGS CONFERENCE CALL | | | | | OCTOBER 25, 2022 | | | | | | | | | | | | | FORWARD-LOOKING STATEMENTS SAFE HARBOR STATEMENT This presentation and related conference call contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may includ ...