Net Profit Margin
since 2005
Calculation
Illinois Tool Works Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Operating revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 18.64% | = | 100 | × | 2,694) | ÷ | 14,455) |
| Dec 31, 2020 | 16.77% | = | 100 | × | 2,109) | ÷ | 12,574) |
| Dec 31, 2019 | 17.87% | = | 100 | × | 2,521) | ÷ | 14,109) |
| Dec 31, 2018 | 17.36% | = | 100 | × | 2,563) | ÷ | 14,768) |
| Dec 31, 2017 | 11.79% | = | 100 | × | 1,687) | ÷ | 14,314) |
| Dec 31, 2016 | 14.96% | = | 100 | × | 2,035) | ÷ | 13,599) |
| Dec 31, 2015 | 14.17% | = | 100 | × | 1,899) | ÷ | 13,405) |
| Dec 31, 2014 | 20.34% | = | 100 | × | 2,946) | ÷ | 14,484) |
| Dec 31, 2013 | 11.88% | = | 100 | × | 1,679) | ÷ | 14,135) |
| Dec 31, 2012 | 16.01% | = | 100 | × | 2,870) | ÷ | 17,924) |
| Dec 31, 2011 | 11.65% | = | 100 | × | 2,071) | ÷ | 17,787) |
| Dec 31, 2010 | 9.62% | = | 100 | × | 1,527) | ÷ | 15,870) |
| Dec 31, 2009 | 6.82% | = | 100 | × | 947) | ÷ | 13,877) |
| Dec 31, 2008 | 9.57% | = | 100 | × | 1,519) | ÷ | 15,869) |
| Dec 31, 2007 | 11.56% | = | 100 | × | 1,870) | ÷ | 16,171) |
| Dec 31, 2006 | 12.22% | = | 100 | × | 1,718) | ÷ | 14,055) |
| Dec 31, 2005 | 11.57% | = | 100 | × | 1,495) | ÷ | 12,922) |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Illinois Tool Works Inc., net profit margin, long-term trends, comparison to competitors
| Illinois Tool Works Inc. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 18.64% | -6.75% | 13.47% | 10.92% | -9.17% | 16.11% | 9.42% | 6.00% |
| Dec 31, 2020 | 16.77% | -20.42% | 7.68% | 7.90% | 7.81% | 14.64% | 10.45% | -6.22% |
| Dec 31, 2019 | 17.87% | -0.83% | 12.00% | 10.34% | -5.69% | 16.73% | 10.42% | 7.19% |
| Dec 31, 2018 | 17.36% | 10.34% | 11.86% | 9.93% | -19.69% | 16.18% | 9.39% | 7.92% |
| Dec 31, 2017 | 11.79% | 8.78% | 1.77% | 14.63% | -5.11% | 4.08% | 3.92% | 7.61% |
| Dec 31, 2016 | 14.96% | 5.18% | -0.19% | 9.73% | 8.00% | 12.24% | 11.22% | 8.83% |
| Dec 31, 2015 | 14.17% | 5.39% | 4.76% | 9.49% | -5.79% | 12.36% | 7.81% | 13.56% |
| Dec 31, 2014 | 20.34% | 6.00% | 7.09% | 7.95% | 14.27% | 10.52% | 7.93% | 9.55% |
| Dec 31, 2013 | 11.88% | 5.29% | 7.19% | 8.44% | 12.99% | 10.05% | 6.57% | 9.14% |
| Dec 31, 2012 | 16.01% | 4.77% | 9.01% | 7.46% | 13.62% | 7.77% | 5.82% | 8.89% |
| Dec 31, 2011 | 11.65% | 5.85% | 8.59% | 8.41% | 14.97% | 5.66% | 5.71% | 8.56% |
| Dec 31, 2010 | 9.62% | 5.14% | 6.77% | 6.77% | 11.59% | 6.06% | 6.39% | 8.05% |
| Dec 31, 2009 | 6.82% | 1.92% | 3.03% | 3.23% | 10.62% | 6.97% | 6.69% | 7.30% |
| Dec 31, 2008 | 9.57% | 4.39% | 7.40% | 6.88% | 15.44% | 7.64% | 7.53% | 8.08% |
| Dec 31, 2007 | 11.56% | 6.14% | 8.44% | 7.63% | 22.31% | 7.07% | 7.25% | 7.83% |
| Dec 31, 2006 | 12.22% | 3.60% | 9.10% | 7.68% | 20.68% | 6.64% | 6.38% | 7.92% |
| Dec 31, 2005 | 11.57% | 4.69% | 8.39% | 7.24% | 17.66% | 5.98% | 4.90% | 7.26% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Capital Goods)
Illinois Tool Works Inc., net profit margin, long-term trends, comparison to sector (capital goods)
| Illinois Tool Works Inc. | Capital Goods | |
|---|---|---|
| Dec 31, 2021 | 18.64% | 3.71% |
| Dec 31, 2020 | 16.77% | 1.85% |
| Dec 31, 2019 | 17.87% | 5.03% |
| Dec 31, 2018 | 17.36% | 2.99% |
| Dec 31, 2017 | 11.79% | 3.41% |
| Dec 31, 2016 | 14.96% | 7.61% |
| Dec 31, 2015 | 14.17% | 4.69% |
| Dec 31, 2014 | 20.34% | 9.51% |
| Dec 31, 2013 | 11.88% | 8.78% |
| Dec 31, 2012 | 16.01% | 8.73% |
| Dec 31, 2011 | 11.65% | 9.04% |
| Dec 31, 2010 | 9.62% | 7.93% |
| Dec 31, 2009 | 6.82% | 6.61% |
| Dec 31, 2008 | 9.57% | 9.45% |
| Dec 31, 2007 | 11.56% | 11.53% |
| Dec 31, 2006 | 12.22% | 10.82% |
| Dec 31, 2005 | 11.57% | 9.72% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
Illinois Tool Works Inc., net profit margin, long-term trends, comparison to industry (industrials)
| Illinois Tool Works Inc. | Industrials | |
|---|---|---|
| Dec 31, 2021 | 18.64% | 6.43% |
| Dec 31, 2020 | 16.77% | 1.43% |
| Dec 31, 2019 | 17.87% | 3.90% |
| Dec 31, 2018 | 17.36% | 4.72% |
| Dec 31, 2017 | 11.79% | 5.80% |
| Dec 31, 2016 | 14.96% | 7.51% |
| Dec 31, 2015 | 14.17% | 5.56% |
| Dec 31, 2014 | 20.34% | 9.17% |
| Dec 31, 2013 | 11.88% | 8.71% |
| Dec 31, 2012 | 16.01% | 8.06% |
| Dec 31, 2011 | 11.65% | 8.72% |
| Dec 31, 2010 | 9.62% | 7.80% |
| Dec 31, 2009 | 6.82% | 6.13% |
| Dec 31, 2008 | 9.57% | 8.69% |
| Dec 31, 2007 | 11.56% | 9.89% |
| Dec 31, 2006 | 12.22% | 10.18% |
| Dec 31, 2005 | 11.57% | 9.21% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).