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 & UtilitiesTransportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Illinois Tool Works Inc.
-
Annual Revenue
$16.04 B0.92as on Dec 31, 2025
-
Net Profit
$3.07 B-12.1as on Dec 31, 2025
-
EBITDA
$4.67 B5.21as 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
Accessories Marketing Inc. -Slime
& 25 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
Unlock access to complete
Unlock access to complete
Software Development Team
108 people
Leadership Team
67 people
Human Resources and Administration
62 people
Sales and Marketing
28 people
Legal and Compliance
21 people
Finance and Accounting
20 people
Operations Team
19 people
Product Management Team
16 people
Unlock access to complete
Funding Insights of Illinois Tool Works
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $1.8B
-
First Round
First Round
(24 Mar 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Debt – Conventional - Illinois Tool Works | Valuation |
investors |
|
| Jan, 2018 | Amount | Grant - Illinois Tool Works | Valuation |
investors |
|
| Feb, 2017 | Amount | Grant - Illinois Tool Works | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Concrete floor slabs and pavement products are manufactured.
|
2005 | ||||
|
Single-use, disposable products for the imaging market
|
2003 | ||||
|
Manufacturing of aesthetic systems is pursued through dedicated R&D efforts.
|
1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Illinois Tool Works
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Illinois Tool Works Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
|
|
| domain | founded_year | HQ Location |
Automotive products and services are supplied globally to automakers.
|
|
| domain | founded_year | HQ Location |
Manufacturer and supplier of major auto components to OEMs and tier 1 companies
|
|
| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
|
|
| domain | founded_year | HQ Location |
Automotive components and systems are manufactured for vehicles.
|
|
| domain | founded_year | HQ Location |
Major auto components are manufactured and supplied to OEMs.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Illinois Tool Works
Frequently Asked Questions about Illinois Tool Works
When was Illinois Tool Works founded?
Illinois Tool Works was founded in 1912 and raised its 1st funding round 97 years after it was founded.
Where is Illinois Tool Works located?
Illinois Tool Works is headquartered in Glenview, United States. It is registered at Glenview, Illinois, United States.
Who is the current CEO of Illinois Tool Works?
Scott Santi is the current CEO of Illinois Tool Works.
How many employees does Illinois Tool Works have?
As of Dec 31, 2024, the latest employee count at Illinois Tool Works is 44,000.
What is the annual revenue of Illinois Tool Works?
Annual revenue of Illinois Tool Works is $16.04B as on Dec 31, 2025.
What does Illinois Tool Works do?
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.
Who are the top competitors of Illinois Tool Works?
Is Illinois Tool Works publicly traded?
Yes, Illinois Tool Works is publicly traded on NYSE under the ticker symbol ITW.
How many acquisitions has Illinois Tool Works made?
Illinois Tool Works has made 26 acquisitions, including Accessories Marketing Inc. -Slime, Alma Lasers, and Alpine ITW.
Who are Illinois Tool Works's investors?
Illinois Tool Works has 1 investor. Key investors include European Union.
What is Illinois Tool Works's ticker symbol?
The ticker symbol of Illinois Tool Works is ITW on NYSE.