Illinois Tool Works
ITW
#216
Rank
$77.74 B
Marketcap
$260.19
Share price
-0.75%
Change (1 day)
12.00%
Change (1 year)

Operating Margin for Illinois Tool Works (ITW)

Operating Margin as of March 2024 (TTM): 24.11%

According to Illinois Tool Works 's latest financial reports and stock price the company's current Operating Margin is 24.11%. At the end of 2022 the company had an Operating Margin of 24.11%.

Operating Margin history for Illinois Tool Works from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202224.11%4.81%
202123.01%7%
202021.50%-7.72%
201923.30%1.4%
201822.98%0.6%
201722.84%6.83%
201621.38%5.43%
201520.28%8.85%
201418.63%12.23%
201316.60%-17.4%
201220.10%37.9%
201114.58%4.58%
201013.94%59.35%
20098.75%-36.66%
200813.81%-13.48%
200715.96%-8.26%
200617.40%3.05%
200516.88%-0.94%
200417.04%8.52%
200315.71%3.72%
200215.14%14.32%
200113.25%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.13%-37.25%๐Ÿ‡บ๐Ÿ‡ธ USA
14.05%-41.73%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.39%-138.95%๐Ÿ‡บ๐Ÿ‡ธ USA
5.48%-77.27%๐Ÿ‡บ๐Ÿ‡ธ USA
13.46%-44.17%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
13.99%-41.97%๐Ÿ‡บ๐Ÿ‡ธ USA
25.06% 3.94%๐Ÿ‡บ๐Ÿ‡ธ USA
15.17%-37.08%๐Ÿ‡บ๐Ÿ‡ธ USA
7.32%-69.64%๐Ÿ‡บ๐Ÿ‡ธ USA
26.39% 9.46%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.