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Backlog for Engineering Construction (USD Mil) refers to the quantity and money amount of the product which has been ordered by customers but which has not shipped yet for engineering construction.
The historical rank and industry rank for Illinois Tool Works's Backlog for Engineering Construction (USD Mil) or its related term are showing as below:
FRA:ILT's Backlog for Engineering Construction (USD Mil) is not ranked *
in the Industrial Products industry.
Industry Median: * Ranked among companies with meaningful Backlog for Engineering Construction (USD Mil) only.
Illinois Tool Works (FRA:ILT) Backlog for Engineering Construction (USD Mil) Explanation
Backlog refers to the quantity and money amount of the product which has been ordered by customers but which has not shipped yet. Each backlog includes the following information: job order number, product number, delivery date, quantity, the order status (i.e. showing that it is now being assembled, or when delivery is being planned).
The backlog reflects the company’s inventory management processing level. We usually consider a low backlog number to be a sign of good inventory management. If the backlog is too big, it can lead to customer frustration and canceled orders. A healthy backlog shows that the product or service of the company is in-demand and seeing steady growth.
Illinois Tool Works Backlog for Engineering Construction (USD Mil) Historical Data
* Premium members only.
The historical data trend for Illinois Tool Works's Backlog for Engineering Construction (USD Mil) 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.
Illinois Tool Works Backlog for Engineering Construction (USD Mil) Chart
What does a Backlog for Engineering Construction (USD Mil) of 0.00 mean?
Illinois Tool Works (FRA:ILT) has a Backlog for Engineering Construction (USD Mil) of 0.00 as of . 20.
Is Illinois Tool Works' Backlog for Engineering Construction (USD Mil) too high?
Illinois Tool Works' current Backlog for Engineering Construction (USD Mil) is 0.00. Overall, Illinois Tool Works has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Illinois Tool Works' Backlog for Engineering Construction (USD Mil) compare to EMR and CMI?
Illinois Tool Works' Backlog for Engineering Construction (USD Mil) of 0.00 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Backlog for Engineering Construction (USD Mil) for an Industrial Products company?
A good Backlog for Engineering Construction (USD Mil) depends on the Industrial Products industry context. However, Backlog for Engineering Construction (USD Mil) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Backlog for Engineering Construction (USD Mil) mean?
A high Backlog for Engineering Construction (USD Mil) can signal that a stock is expensive relative to its fundamentals. Illinois Tool Works's current Backlog for Engineering Construction (USD Mil) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Illinois Tool Works stock overvalued right now?
Based on GuruFocus' analysis, Illinois Tool Works (FRA:ILT) is currently considered Fairly Valued. The stock's GF Value™ is €230.59, compared to a current price of €236.80 — trading 2.7% above its estimated fair value. The current Backlog for Engineering Construction (USD Mil) is 0.00. Illinois Tool Works' overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Backlog for Engineering Construction (USD Mil) calculated?
Backlog for Engineering Construction (USD Mil) is calculated from a company's financial statements. For Illinois Tool Works (FRA:ILT), the current Backlog for Engineering Construction (USD Mil) is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Illinois Tool Works (FRA:ILT) Overvalued in 2026?
Based on GuruFocus' analysis, Illinois Tool Works stock appears to be overvalued.
The current stock price of €236.80 is trading 2.7% above its estimated GF Value™ of €230.59.
GuruFocus considers Illinois Tool Works to be Fairly Valued.
Key valuation signals for FRA:ILT:
Backlog for Engineering Construction (USD Mil): 0.00
GF Value™: €230.59 vs. price of €236.80 (2.7% above fair value)
No single metric tells the full story. See the FRA:ILT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one-fifth of revenue. ITW's automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test and measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers and fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment.
85GF Score
Get the complete analysis for FRA:ILT
Backlog for Engineering Construction (USD Mil) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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