GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Illinois Tool Works Inc (NYSE:ITW) » Definitions » EV-to-EBIT

Illinois Tool Works (Illinois Tool Works) EV-to-EBIT

: 20.02 (As of Today)
View and export this data going back to 1973. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Illinois Tool Works's Enterprise Value is $81,854 Mil. Illinois Tool Works's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $4,089 Mil. Therefore, Illinois Tool Works's EV-to-EBIT for today is 20.02.

The historical rank and industry rank for Illinois Tool Works's EV-to-EBIT or its related term are showing as below:

ITW' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.01   Med: 16.31   Max: 26.87
Current: 20.02

During the past 13 years, the highest EV-to-EBIT of Illinois Tool Works was 26.87. The lowest was 9.01. And the median was 16.31.

ITW's EV-to-EBIT is ranked worse than
59.92% of 2385 companies
in the Industrial Products industry
Industry Median: 15.98 vs ITW: 20.02

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Illinois Tool Works's Enterprise Value for the quarter that ended in Dec. 2023 was $85,715 Mil. Illinois Tool Works's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $4,089 Mil. Illinois Tool Works's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.77%.


Illinois Tool Works EV-to-EBIT Historical Data

The historical data trend for Illinois Tool Works's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Illinois Tool Works Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.07 24.16 23.69 18.40 20.96

Illinois Tool Works Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.40 19.72 19.76 17.89 20.96

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Illinois Tool Works's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Illinois Tool Works EV-to-EBIT Distribution

For the Industrial Products industry and Industrials sector, Illinois Tool Works's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Illinois Tool Works's EV-to-EBIT falls into.



Illinois Tool Works EV-to-EBIT Calculation

Illinois Tool Works's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=81853.886/4089
=20.02

Illinois Tool Works's current Enterprise Value is $81,854 Mil.
Illinois Tool Works's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,089 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Illinois Tool Works  (NYSE:ITW) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Illinois Tool Works's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=4089/85714.85766
=4.77 %

Illinois Tool Works's Enterprise Value for the quarter that ended in Dec. 2023 was $85,715 Mil.
Illinois Tool Works's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,089 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Illinois Tool Works EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Illinois Tool Works's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Illinois Tool Works (Illinois Tool Works) Business Description

Traded in Other Exchanges
Address
155 Harlem Avenue, Glenview, IL, USA, 60025
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
Executives
Smith David Byron Jr director 155 HARLEM AVE., GLENVIEW IL 60025
Randall J Scheuneman officer: VP & Chief Accounting Officer 155 HARLEM AVE., GLENVIEW IL 60025
Christopher A O'herlihy officer: Executive Vice President 155 HARLEM AVE., GLENVIEW IL 60025
Ernest Scott Santi director, officer: President & CEO ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Michael M Larsen officer: SVP & CFO ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Kelly J Grier director 155 HARLEM AVE., GLENVIEW IL 60025
Lei Zhang Schlitz officer: Executive Vice President 5757 N. GREENBAY AVENUE, GLENDALE WI 53129
Patricia A. Hartzell officer: Executive Vice President 155 HARLEM AVE., GLENVIEW IL 60025
Javier Gracia Carbonell officer: Executive Vice President 155 HARLEM AVE., GLENVIEW IL 60025
Mary Katherine Lawler officer: SVP & Chief HR Officer ILLINOIS TOOL WORKS INC., 155 HARLEM AVE, GLENVIEW IL 60025
Jay L Henderson director 50 SOUTH LASALLE ST, CHICAGO IL 60603
Jennifer Kaplan Schott officer: SVP, General Counsel & Secy. 155 HARLEM AVE., GLENVIEW IL 60025
Darrell L Ford director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Finch Norman D. Jr. officer: Sr. VP, General Counsel & Secy C/O ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Michael R. Zimmerman officer: Executive Vice President 155 HARLEM AVE., GLENVIEW IL 60025

Illinois Tool Works (Illinois Tool Works) Headlines

From GuruFocus

Q3 2022 Illinois Tool Works Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2020 Illinois Tool Works Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2019 Illinois Tool Works Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2020 Illinois Tool Works Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2019 Illinois Tool Works Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2021 Illinois Tool Works Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Illinois Tool Works Inc Investor Day Transcript

By GuruFocus Research 01-23-2024