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

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	332111 Iron & Steel Forging
Additional NAICS Codes	3255 Paint, Coating & Adhesive Manufacturing 33111 Iron & Steel Mills 333 Machinery Manufacturing 333517 Machine Tool (Metal Cutting Types) Manufacturing 3352 Household Appliance Manufacturing 551112 Offices of Other Holding Companies
Address	155 Harlem Ave Glenview, IL 60025

Note: Revenues for privately held companies are statistical evaluations.


Illinois Tool Works's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Illinois Tool Works's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Illinois Tool Works is classified as operating in the Iron & Steel Forging industry, NAICS Code 332111.

Illinois Tool Works Annual Revenue and Growth Rate

Illinois Tool Works	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

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

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

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

Illinois Tool Works P&L	$ Millions
Revenue (Sales)
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.

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	Headquarters	Revenue ($ MM)
MODERN FORGE COMPANIES	Blue Island, IL	100
TFO TECH CO LIMITED	Jeffersonville, OH	28
SUPERIOR STEEL SALES	Neosho, MO	23
LAKEVIEW FORGE ACQUISITION	Cranberry Township, PA	19
EASTHAM FORGE	Bellaire, TX	12
AS 1902	Chicago, IL	11
MACARO IRON WORKS	Manville, NJ	10
IN & OUT WELDERS	Lincoln, AL	10
LDM	Detroit, MI	9

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	Headquarters	Revenue ($ MM)
ILLINOIS TOOL WORKS	Glenview, IL	100
SCOT FORGE	Spring Grove, IL	3
DURABLE PACKAGING INTERNATIONAL	Wheeling, IL	3
KELLER GROUP	Northfield, IL	2
LARSEN MANUFACTURING	Mundelein, IL	1
A L HANSEN MANUFACTURING	Waukegan, IL	1

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.

Company	Revenue ($ MM)