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Company Profiles: Revenue, Growth, Competition

ILLINOIS TOOL WORKS Revenue, Growth & Competitor Profile

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Company Profile & Annual Report for Illinois Tool Works

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Illinois Tool Works Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry3321 Forging & Stamping
Address155 Harlem Avenue
Glenview, IL 60025

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Note: Revenues for privately held companies are statistical evaluations.


Illinois Tool Works's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Forging & Stamping industry.


Illinois Tool Works's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Illinois Tool Works Annual Revenue and Growth Rate

Illinois Tool Works Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Illinois Tool Works's revenues are gauged from an analysis of company filings.



Illinois Tool Works's Income Statement (based on Industry Averages)

$ Millions
(Industry Average)
Illinois Tool Works Revenue (Sales) Illinois Tool Works Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Trademark Applications

Trademark applications show the products and services that Illinois Tool Works is developing and marketing. Illinois Tool Works's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
JUSTA
electric meat and food choppers, grinders, mixers, cutters and food slicers; electric bread crumbers; Electric vegetable slicers; electrically driven mixing machines for the preparation of food products; machines for weighing food, namely food scales; weighing machines, computing and label printing equipment used therewith, and parts of the foregoing goods and attachments
12/08/2023
WHITEOUT
White laminated sheets for laminated transaction cards, namely, credit, gift, loyalty, phone, information, access, and identification cards
11/17/2023
DEVCON WEAR GUARD 300RTC
Epoxy coatings for abrasion resistance, wear resistance, and repair of metal, concrete, and other rigid industrial equipment surfaces
11/13/2023

See all trademarks and details in the Full Report.


Recession Risk

Determine whether Illinois Tool Works grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Illinois Tool Works is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Forging & Stamping

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Illinois Tool Works's Largest Competitors

A competitive analysis shows these companies are in the same general field as Illinois Tool Works, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
WYMAN-GORDONDillon, SC100 
ILLINOIS TOOL WORKSGlenview, IL54 
FRANK CALANDRAPittsburgh, PA38 
KIRCHHOFF AUTOMOTIVE TECUMSEH INC. F/K/A LENAWEE STAMPINGTecumseh, MI19 
TEIJIN AUTOMOTIVE TECHNOLOGIESAuburn Hills, MI15 
CHALLENGE MFG. HOLDINGSGrand Rapids, MI11 
L&W ENGINEERINGNew Boston, MI10 
VICTAULICEaston, PA9 
SHAPE CORP BIOSOLUTIONSGrand Haven, MI7 




Nearby Competitors

These companies are similar in business line and location to Illinois Tool Works. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
ILLINOIS TOOL WORKSGlenview, IL100 
SCOT FORGESpring Grove, IL3 
DURABLE PACKAGING INTERNATIONALWheeling, IL3 
KELLER GROUPNorthfield, IL2 
LARSEN MANUFACTURINGMundelein, IL1 
A L HANSEN MANUFACTURINGWaukegan, IL1 




Future Competition: Illinois Tool Works's Fastest Growing Competitors

These companies are in the same general field as Illinois Tool Works and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Illinois Tool Works Competitors