Illinois Tool Works

Glenview, United States Founded: 1912 • Age: 114 yrs
Major auto components are manufactured and supplied to OEMs.
Annual revenue $16.0B Latest available
Total funding - 5 rounds
Employees 44000 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Illinois Tool Works

Illinois Tool Works is a company based in Glenview (United States) founded in 1912. The company has 44,000 employees as of December 31, 2024. Illinois Tool Works has completed 26 acquisitions, including Accessories Marketing Inc. -Slime, Alma Lasers and Alpine ITW. Illinois Tool Works operates in a competitive market with competitors including Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.

  • Headquarter Glenview, United States
  • Employees 44000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Illinois Tool Works Inc.
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $16.04 B (USD)
    0.92
    as on Dec 31, 2025
  • Net Profit
    $3.07 B (USD)
    -12.1
    as on Dec 31, 2025
  • EBITDA
    $4.67 B (USD)
    5.21
    as on Dec 31, 2024
  • Latest Funding Round
    $1.81 B (USD), Debt – Conventional

    Jun 11, 2019

  • Investors
  • Employee Count
    44000

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Illinois Tool Works

Illinois Tool Works is a publicly listed company on the NYSE with ticker symbol ITW in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: ITW · Sector: Producer manufacturing · USA

People of Illinois Tool Works

Headcount 10000+
Employee Profiles 443
Board Members and Advisors 11
Employee Profiles
People
Prakhar Gupta
Senior Engineer-innovation
People
Christopher A. O'Herlihy
President & CEO
People
Sidney Lara
Vice President & General Manager North America Parts
People
Marina Rosen
Financial Controller - ITW Residential & Renovation

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Board Members and Advisors
people
Jay L. Henderson
Director
people
Richard H. Lenny
Director
people
Susan M. Crown
Director
people
Daniel J. Brutto
Director

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Funding Insights of Illinois Tool Works

Investors in Illinois Tool Works

Illinois Tool Works has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
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Investor details for Illinois Tool Works

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  • Investor domains
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Investments & Acquisitions by Illinois Tool Works

Illinois Tool Works has strategically engaged in corporate development activities, having acquired 26 companies. Notable acquisitions include Accessories Marketing Inc. -Slime, Alma Lasers and Alpine ITW.

Investments
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Investment portfolio details for Illinois Tool Works

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Concrete floor slabs and pavement products are manufactured.
Locked Locked 2005 Locked
Single-use, disposable products for the imaging market
Locked Locked 2003 Locked
Manufacturing of aesthetic systems is pursued through dedicated R&D efforts.
Locked Locked 1997 Locked
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Complete acquisition details for Illinois Tool Works

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Financial Statements - Illinois Tool Works

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Detailed financials for Illinois Tool Works

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Illinois Tool Works Comparisons

Illinois Tool Works Primary company
Description
Major auto components are manufactured and supplied to OEMs.
Location
Glenview, United States
Founded Year
1912
Annual Revenue
$16.04 B (USD)
Net Profit
$3.07 B (USD)
EBITDA
$4.67 B (USD)
Employees
44,000
As of 2024
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Peer comparison for Illinois Tool Works

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Competitors of Illinois Tool Works

Illinois Tool Works operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Manufacturer of gas-powered construction equipment
Locked Locked Locked
Automotive products and services are supplied globally to automakers.
Locked Locked Locked
Manufacturer and supplier of major auto components to OEMs and tier 1 companies
Locked Locked Locked
Manufacturer of bearings for the automotive industry
Locked Locked Locked
Automotive components and systems are manufactured for vehicles.
Locked Locked Locked
Major auto components are manufactured and supplied to OEMs.
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Detailed competitors of Illinois Tool Works

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  • Domains and locations
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Latest news on Illinois Tool Works

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Complete news archive for Illinois Tool Works

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Frequently Asked Questions about Illinois Tool Works

Illinois Tool Works was founded in 1912 and raised its 1st funding round 97 years after it was founded.

Illinois Tool Works is headquartered in Glenview, United States. It is registered at Glenview, Illinois, United States.

Scott Santi is the current CEO of Illinois Tool Works.

As of Dec 31, 2024, the latest employee count at Illinois Tool Works is 44,000.

Annual revenue of Illinois Tool Works is $16.04B as on Dec 31, 2025.

Illinois Tool Works was founded in 1912 and is headquartered in Glenview, United States. Automotive components, including fasteners, interior and exterior parts, powertrain systems, and braking elements, are produced and exported to OEMs and tier 1 suppliers. Additional parts are provided to sectors such as food processing, construction, polymers, and electronics. In 2022, revenues of 15.93 billion were achieved, with net profits totaling 3.03 billion.

Illinois Tool Works's top competitors include Cummins, Valeo and UNO Minda.

Yes, Illinois Tool Works is publicly traded on NYSE under the ticker symbol ITW.

Illinois Tool Works has made 26 acquisitions, including Accessories Marketing Inc. -Slime, Alma Lasers, and Alpine ITW.

Illinois Tool Works has 1 investor. Key investors include European Union.

The ticker symbol of Illinois Tool Works is ITW on NYSE.

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