Return on Assets (ROA)
since 2005
Calculation
Illinois Tool Works Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 16.76% | = | 100 | × | 2,694) | ÷ | 16,077) |
| Dec 31, 2020 | 13.51% | = | 100 | × | 2,109) | ÷ | 15,612) |
| Dec 31, 2019 | 16.73% | = | 100 | × | 2,521) | ÷ | 15,068) |
| Dec 31, 2018 | 17.24% | = | 100 | × | 2,563) | ÷ | 14,870) |
| Dec 31, 2017 | 10.05% | = | 100 | × | 1,687) | ÷ | 16,780) |
| Dec 31, 2016 | 13.39% | = | 100 | × | 2,035) | ÷ | 15,201) |
| Dec 31, 2015 | 12.07% | = | 100 | × | 1,899) | ÷ | 15,729) |
| Dec 31, 2014 | 16.66% | = | 100 | × | 2,946) | ÷ | 17,678) |
| Dec 31, 2013 | 8.41% | = | 100 | × | 1,679) | ÷ | 19,966) |
| Dec 31, 2012 | 14.86% | = | 100 | × | 2,870) | ÷ | 19,309) |
| Dec 31, 2011 | 11.52% | = | 100 | × | 2,071) | ÷ | 17,984) |
| Dec 31, 2010 | 9.40% | = | 100 | × | 1,527) | ÷ | 16,250) |
| Dec 31, 2009 | 5.89% | = | 100 | × | 947) | ÷ | 16,082) |
| Dec 31, 2008 | 9.98% | = | 100 | × | 1,519) | ÷ | 15,213) |
| Dec 31, 2007 | 12.04% | = | 100 | × | 1,870) | ÷ | 15,526) |
| Dec 31, 2006 | 12.38% | = | 100 | × | 1,718) | ÷ | 13,880) |
| Dec 31, 2005 | 13.06% | = | 100 | × | 1,495) | ÷ | 11,446) |
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., ROA, 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 | 16.76% | -3.03% | 7.84% | 6.30% | -3.28% | 8.60% | 12.41% | 2.39% |
| Dec 31, 2020 | 13.51% | -7.80% | 3.83% | 4.43% | 2.25% | 7.40% | 13.47% | -2.17% |
| Dec 31, 2019 | 16.73% | -0.48% | 7.77% | 6.74% | -1.87% | 10.47% | 13.11% | 3.96% |
| Dec 31, 2018 | 17.24% | 8.91% | 7.83% | 6.90% | -7.23% | 11.71% | 11.24% | 3.93% |
| Dec 31, 2017 | 10.05% | 8.88% | 0.98% | 9.15% | -1.53% | 2.79% | 4.30% | 4.70% |
| Dec 31, 2016 | 13.39% | 5.44% | -0.09% | 6.32% | 2.42% | 8.88% | 11.09% | 5.64% |
| Dec 31, 2015 | 12.07% | 5.48% | 2.68% | 6.38% | -1.24% | 9.67% | 7.34% | 8.70% |
| Dec 31, 2014 | 16.66% | 5.49% | 4.36% | 5.35% | 2.35% | 9.33% | 9.75% | 6.81% |
| Dec 31, 2013 | 8.41% | 4.95% | 4.46% | 5.24% | 1.99% | 8.64% | 8.24% | 6.31% |
| Dec 31, 2012 | 14.86% | 4.39% | 6.36% | 3.39% | 1.99% | 6.99% | 7.10% | 5.74% |
| Dec 31, 2011 | 11.52% | 5.02% | 6.05% | 7.55% | 1.97% | 5.19% | 7.00% | 8.10% |
| Dec 31, 2010 | 9.40% | 4.82% | 4.22% | 5.38% | 1.55% | 5.34% | 8.34% | 7.48% |
| Dec 31, 2009 | 5.89% | 2.11% | 1.49% | 2.35% | 1.41% | 5.98% | 8.61% | 6.87% |
| Dec 31, 2008 | 9.98% | 4.97% | 5.25% | 6.35% | 2.18% | 7.87% | 9.62% | 8.30% |
| Dec 31, 2007 | 12.04% | 6.91% | 6.31% | 7.40% | 2.79% | 7.23% | 10.49% | 7.74% |
| Dec 31, 2006 | 12.38% | 4.28% | 6.95% | 8.32% | 2.99% | 6.73% | 8.96% | 7.92% |
| Dec 31, 2005 | 13.06% | 4.28% | 6.06% | 7.88% | 2.43% | 5.12% | 6.58% | 6.68% |
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., ROA, long-term trends, comparison to sector (capital goods)
| Illinois Tool Works Inc. | Capital Goods | |
|---|---|---|
| Dec 31, 2021 | 16.76% | 1.86% |
| Dec 31, 2020 | 13.51% | 0.80% |
| Dec 31, 2019 | 16.73% | 2.72% |
| Dec 31, 2018 | 17.24% | 1.74% |
| Dec 31, 2017 | 10.05% | 1.83% |
| Dec 31, 2016 | 13.39% | 4.09% |
| Dec 31, 2015 | 12.07% | 2.17% |
| Dec 31, 2014 | 16.66% | 3.87% |
| Dec 31, 2013 | 8.41% | 3.45% |
| Dec 31, 2012 | 14.86% | 3.30% |
| Dec 31, 2011 | 11.52% | 3.30% |
| Dec 31, 2010 | 9.40% | 2.70% |
| Dec 31, 2009 | 5.89% | 2.16% |
| Dec 31, 2008 | 9.98% | 3.33% |
| Dec 31, 2007 | 12.04% | 3.89% |
| Dec 31, 2006 | 12.38% | 3.91% |
| Dec 31, 2005 | 13.06% | 3.25% |
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., ROA, long-term trends, comparison to industry (industrials)
| Illinois Tool Works Inc. | Industrials | |
|---|---|---|
| Dec 31, 2021 | 16.76% | 3.83% |
| Dec 31, 2020 | 13.51% | 0.74% |
| Dec 31, 2019 | 16.73% | 2.39% |
| Dec 31, 2018 | 17.24% | 3.08% |
| Dec 31, 2017 | 10.05% | 3.53% |
| Dec 31, 2016 | 13.39% | 4.50% |
| Dec 31, 2015 | 12.07% | 2.94% |
| Dec 31, 2014 | 16.66% | 4.35% |
| Dec 31, 2013 | 8.41% | 3.98% |
| Dec 31, 2012 | 14.86% | 3.55% |
| Dec 31, 2011 | 11.52% | 3.74% |
| Dec 31, 2010 | 9.40% | 3.12% |
| Dec 31, 2009 | 5.89% | 2.34% |
| Dec 31, 2008 | 9.98% | 3.61% |
| Dec 31, 2007 | 12.04% | 3.92% |
| Dec 31, 2006 | 12.38% | 4.31% |
| Dec 31, 2005 | 13.06% | 3.59% |
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).