Illinois Tool Works (ITW) Tops Q4 EPS by 3c

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ITW Reports Fourth Quarter and Full Year 2021 Results

February 3, 2022 8:00 AM EST

Fourth Quarter 2021 Highlights

Total revenue of $3.7 billion, an increase of 6% with organic growth of 5%Operating margin of 22.7% as enterprise initiatives contributed 110 bpsGAAP EPS of $1.93 including $(0.02) of MTS acquisition impact

Full Year 2021 Highlights

Total revenue of $14.5 billion, an increase of 15% with organic growth of 12%Operating income of $3.5 billion, an increase of 21%Operating margin of 24.1%, an increase of 120 bps as enterprise initiatives contributed 110... More