ITW: Illinois Tool Works Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2024

Illinois Tool Works Inc. reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was USD 3,932 million compared to USD 3,983 million a year ago. Net income was USD 750 million compared to USD 717 million a year ago. Basic earnings per share from continuing operations was USD 2.55 compared to USD 2.39 a year ago. Diluted earnings per share from continuing operations was USD 2.54 compared to USD 2.38 a year ago. For the full year, sales was USD 15,898 million compared to USD 16,107 million a year ago. Net income was USD 3,488 million compared to USD 2,957 million a year ago. Basic earnings per share from continuing operations was USD 11.75 compared to USD 9.77 a year ago. Diluted earnings per share from continuing operations was USD 11.71 compared to USD 9.74 a year ago.