ITW Reports Fourth Quarter and Full Year 2020 Results
Press release content from Globe Newswire. The AP news staff was not involved in its creation. 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...
Source: apnews.com