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ITW Reports Third Quarter 2025 Results
Globenewswire· 2025-10-24 12:00
Core Insights - Illinois Tool Works Inc. (ITW) reported solid operational and financial performance for Q3 2025, with an EPS of $2.81, a 6% year-over-year increase excluding divestiture gains, and a record operating margin of 27.4% [2][4][8] - The company achieved a revenue of $4.1 billion, reflecting a 2% increase, driven by a 1% organic revenue growth and a 2% positive impact from foreign currency translation [3][8] - ITW is narrowing its full-year 2025 GAAP EPS guidance to a range of $10.40 to $10.50, projecting overall revenue growth of 1% to 3% [5][8] Financial Performance - Q3 2025 revenue reached $4.1 billion, up 2% from the previous year, with organic growth contributing 1% [3][8] - Operating income increased to $1.1 billion, a 6% rise, with an operating margin improvement of 90 basis points to 27.4% [4][8] - Free cash flow rose by 15% to $904 million, with a conversion rate of 110% to net income [4][8] Strategic Initiatives - The company emphasized its focus on Customer-Back Innovation, which is driving consistent above-market organic growth [3][5] - ITW plans to repurchase approximately $1.5 billion of its own shares and has raised its dividend by 7%, marking the 62nd consecutive year of dividend increases [4][5] Segment Performance - The Automotive OEM segment generated $830 million in revenue with an operating margin of 21.8% [17] - The Food Equipment segment reported $694 million in revenue and a 29.2% operating margin [17] - The Welding segment achieved a revenue of $477 million with a robust operating margin of 32.6% [17] Guidance and Outlook - The company anticipates overall revenue growth of 1% to 3% for 2025, with organic growth expected to be flat to 2% [5][8] - Operating margin is projected to be between 26% and 27%, with a contribution of 125 basis points or more from enterprise initiatives [5][8]
ITW Schedules Third Quarter 2025 Earnings Webcast
Globenewswire· 2025-10-10 12:27
Core Insights - Illinois Tool Works Inc. (ITW) will release its third quarter 2025 results on October 24, 2025, at 7:00 a.m. CDT, followed by a webcast at 9:00 a.m. CDT [1] - The company reported revenue of $15.9 billion in 2024, positioning itself as a leader in the global multi-industrial manufacturing sector [2] Company Overview - ITW is a Fortune 300 company with a decentralized and entrepreneurial culture, employing approximately 44,000 colleagues worldwide [2] - The company operates in seven industry-leading segments, utilizing the ITW Business Model to achieve solid growth and best-in-class margins [2] Investor Relations - Erin Linnihan is the contact for investor relations, available at 224.661.7431 [3]
ITW Reports Second Quarter 2025 Results
Globenewswire· 2025-07-30 12:00
Core Insights - Illinois Tool Works Inc. (ITW) reported strong second quarter 2025 results, achieving record EPS of $2.58, operating income of $1.1 billion, and an operating margin of 26.3% [2][4][8] - The company raised its full year 2025 GAAP EPS guidance to a range of $10.35 to $10.55 per share, reflecting confidence in navigating market uncertainties [5][8] Financial Performance - Second quarter revenue reached $4.1 billion, a 1% increase, with organic growth remaining flat [3][8] - Operating cash flow was $550 million, and free cash flow was $449 million, representing a conversion rate of 59% to net income [4][34] - The effective tax rate for the quarter was 24.4% [4][26] Strategic Initiatives - The company emphasized its commitment to "Customer-Back Innovation" as a key driver for above-market organic growth [3] - ITW repurchased $375 million of its own shares during the quarter and plans to repurchase approximately $1.5 billion for the full year [4][5] Segment Performance - The automotive OEM segment generated $845 million in revenue with an operating margin of 21.3% [17] - The food equipment segment reported revenue of $680 million and an operating margin of 27.7% [17] - The welding segment achieved the highest operating margin at 33.1% with revenue of $479 million [17] Guidance and Outlook - ITW projects full year revenue growth of 1% to 3% and organic growth of flat to 2% [5] - Operating margin is expected to be in the range of 26% to 27%, with enterprise initiatives contributing at least 100 basis points [5]
ITW Schedules Second Quarter 2025 Earnings Webcast
Globenewswire· 2025-07-11 18:35
Core Viewpoint - Illinois Tool Works Inc. (ITW) is set to release its second quarter 2025 financial results on July 30, 2025, followed by a webcast for investors [1] Group 1: Company Overview - ITW is a Fortune 300 global multi-industrial manufacturing leader with a revenue of $15.9 billion in 2024 [2] - The company operates in seven industry-leading segments, utilizing the ITW Business Model to achieve solid growth and best-in-class margins [2] - ITW employs approximately 44,000 dedicated colleagues worldwide, fostering a decentralized and entrepreneurial culture [2] Group 2: Upcoming Events - The second quarter 2025 earnings webcast will take place at 9:00 a.m. CDT on July 30, 2025, following the results release at 7:00 a.m. CDT [1] - Participants can access the conference call by dialing specific numbers provided for domestic and international callers [1] - An audio-only replay of the webcast will be available from July 30 through August 6 [1]