Price to Operating Profit (P/OP)
since 2005
Calculation
Illinois Tool Works Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 11, 2022 | 19.59 | = | 217.72 | ÷ | 11.11 | 11.11 | = | 3,477 | ÷ | 312,926,939 | |
| Feb 12, 2021 | 22.08 | = | 200.98 | ÷ | 9.10 | 9.10 | = | 2,882 | ÷ | 316,662,263 | |
| Feb 14, 2020 | 17.61 | = | 187.86 | ÷ | 10.67 | 10.67 | = | 3,402 | ÷ | 318,864,237 | |
| Feb 15, 2019 | 13.20 | = | 144.21 | ÷ | 10.92 | 10.92 | = | 3,584 | ÷ | 328,108,383 | |
| Feb 15, 2018 | 15.97 | = | 163.36 | ÷ | 10.23 | 10.23 | = | 3,494 | ÷ | 341,545,719 | |
| Feb 10, 2017 | 14.48 | = | 128.00 | ÷ | 8.84 | 8.84 | = | 3,064 | ÷ | 346,550,685 | |
| Feb 12, 2016 | 11.66 | = | 91.88 | ÷ | 7.88 | 7.88 | = | 2,867 | ÷ | 363,766,897 | |
| Feb 13, 2015 | 12.91 | = | 98.26 | ÷ | 7.61 | 7.61 | = | 2,888 | ÷ | 379,447,026 | |
| Feb 14, 2014 | 13.28 | = | 78.59 | ÷ | 5.92 | 5.92 | = | 2,514 | ÷ | 424,867,793 | |
| Feb 19, 2013 | 10.18 | = | 64.19 | ÷ | 6.31 | 6.31 | = | 2,847 | ÷ | 451,435,783 | |
| Feb 17, 2012 | 9.95 | = | 56.19 | ÷ | 5.65 | 5.65 | = | 2,731 | ÷ | 483,773,784 | |
| Feb 28, 2011 | 11.44 | = | 54.10 | ÷ | 4.73 | 4.73 | = | 2,357 | ÷ | 498,419,391 | |
| Feb 26, 2010 | 16.50 | = | 45.52 | ÷ | 2.76 | 2.76 | = | 1,386 | ÷ | 502,408,086 | |
| Feb 27, 2009 | 5.93 | = | 27.80 | ÷ | 4.68 | 4.68 | = | 2,338 | ÷ | 499,164,971 | |
| Feb 28, 2008 | 10.03 | = | 49.95 | ÷ | 4.98 | 4.98 | = | 2,624 | ÷ | 526,912,512 | |
| Feb 26, 2007 | 12.14 | = | 52.60 | ÷ | 4.33 | 4.33 | = | 2,421 | ÷ | 558,822,857 | |
| Feb 24, 2006 | 10.77 | = | 43.29 | ÷ | 4.02 | 4.02 | = | 2,259 | ÷ | 561,837,734 |
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$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Illinois Tool Works Inc. Annual Report.
Comparison to Competitors
Illinois Tool Works Inc., P/OP, long-term trends, comparison to competitors
| Illinois Tool Works Inc. | Boeing Co. | Caterpillar Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|
| Feb 11, 2022 | 19.59 | — | 15.87 | 11.56 | 28.68 |
| Feb 12, 2021 | 22.08 | — | 24.23 | 10.63 | — |
| Feb 14, 2020 | 17.61 | — | 9.08 | 14.49 | 15.07 |
| Feb 15, 2019 | 13.20 | 19.08 | 9.20 | 11.62 | 12.16 |
| Feb 15, 2018 | 15.97 | 19.69 | 21.70 | 16.47 | 11.53 |
| Feb 10, 2017 | 14.48 | 17.20 | 116.61 | 13.51 | 10.86 |
| Feb 12, 2016 | 11.66 | 10.36 | 11.66 | 12.17 | 9.71 |
| Feb 13, 2015 | 12.91 | 13.96 | 9.71 | 10.89 | 11.15 |
| Feb 14, 2014 | 13.28 | 14.75 | 10.94 | 11.62 | 10.88 |
| Feb 19, 2013 | 10.18 | 9.09 | 7.30 | 6.40 | 10.73 |
| Feb 17, 2012 | 9.95 | 9.69 | 10.41 | 7.21 | 9.40 |
| Feb 28, 2011 | 11.44 | 10.76 | 16.44 | 6.84 | 10.86 |
| Feb 26, 2010 | 16.50 | 20.91 | 63.07 | 6.47 | 9.67 |
| Feb 27, 2009 | 5.93 | 7.87 | 3.61 | 5.31 | 5.88 |
| Feb 28, 2008 | 10.03 | 11.17 | 9.03 | 9.48 | 9.95 |
| Feb 26, 2007 | 12.14 | 23.81 | 8.83 | 10.84 | 11.11 |
| Feb 24, 2006 | 10.77 | 20.69 | 12.95 | 10.66 | 11.11 |
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).