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Illinois Tool Works Inc.

Industry: Capital Goods

Fortune Rank: 169

For the nine months ended 30 September 2005, Illinois Tool Works Inc.'s revenues increased 11% to $9.63B. The Company's net income for the period increased 12% to $1.09B. Revenues reflect growth from the North American Engineered Products division due to acquisitions and base revenue growth, and significantly higher leasing and investment income. Earnings also benefited from a lower effective income tax rate.

Illinois Tool Works Inc. (ITW) is a worldwide manufacturer of highly engineered products and specialty systems. The Company has approximately 650 operations in 45 countries that are aggregated and organized into five segments: Engineered Products-North America, Engineered Products-International, Specialty Systems-North America, Specialty Systems-International, and Leasing and Investments. The Engineered Products segment manufactures a variety of short lead-time plastic and metal components and fasteners, as well as specialty products for a diverse customer base. The Specialty System segment designs and manufactures longer lead-time machinery and related consumables, as well as specialty equipment for a diverse customer base. The Leasing and Investments segment makes investments in mortgage entities, leases of telecommunications, aircraft, air traffic control and other equipment, as well as properties, affordable housing and a venture capital fund.

Illinois Tool Works Inc.

Illinois Tool Works Inc. is a Fortune 500 company. In 2010 Illinois Tool Works Inc. was ranked number 169 on the Fortune 500 list, making it the 169th largest company in the United States when judged by revenue.

Illinois Tool Works Inc. achieved revenue of $13,903.60 million in 2010 and earned a profit of $947.00 million.

Illinois Tool Works Inc.'s rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 148th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $17,218 million (a change of -4 million compared to 2010) and profits of $1,519 million (a change of 946 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Illinois Tool Works Inc. would be ranked 139th rather than 169th due to its profits of $947 in 2010.

* US$ Million

• Address
  • Illinois Tool Works Inc.
    3600 West Lake Avenue
    Glenview
    IL
    60026
• Contact Details
  • Phone: 847-724-7500
  • Fax: 847-657-4261
  • Website: www.itwinc.com
  • Stock Symbol: ITW

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