01.02.2024 - Fourth Quarter 2023 Highlights Revenue of $4.0 billion, essentially flatOperating margin of 24.8% as enterprise initiatives contributed 150 bpsGAAP EPS of $2.38 included $(0.04) impact from the devaluation of Argentina’s currency 2023 Highlights .
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ITW Reports Fourth Quarter and Full Year 2020 Results
Illinois Tool Works Inc.February 5, 2021 GMT
Provides 2021 Guidance Including EPS Growth of 18% at the Mid-point
Fourth-Quarter 2020 Highlights
Record Q4 operating income of $883 million, an increase of 7% year-over-year
Record Q4 operating margin of 25.4% as enterprise initiatives contributed 130 basis points
GAAP EPS of $2.02, an increase of 2%, or 7% excluding $0.11 of divestiture gains in Q4 2019
Record Q4 after-tax ROIC of 32.0%, an increase of 310 basis points
Strong free cash flow of $705 million, 110% of net income
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GAAP EPS of $7.60 to $8.00, an increase of 15 to 21%