Illinois Tool Works Stock News

Illinois Tool Works Inc. (NYSE:ITW ) Q4 2024 Earnings Conference Call February 5, 2025 10:00 AM ET Company Participants Erin Linnihan - Vice President, Investor Relations Chris O'Herlihy - President & Chief Executive Officer Michael Larsen - Senior Vice President & Chief Financial Officer Conference Call Participants Stephen Volkmann - Jefferies Scott Davis - Melius Research Andrew Kaplowitz - ...

Fourth Quarter 2024 Highlights Revenue of $3.9 billion, a decrease of 1.3% as organic growth declined 0.5%; Organic growth of 0.4% turned positive excluding Product Line Simplification (PLS) reduction of 0.9% Record operating margin of 26.2%, an increase of 140 bps as enterprise initiatives contributed 120 bps Operating cash flow of $1.1B; record free cash flow of $1B, an increase of 10% with a...

The Dividend Kings underperformed the broad U.S. equity market in 2024, achieving a 5.53% total return compared to the S&P 500's 24.89%. 2024 returns for the Dividend Kings were primarily driven by earnings growth and dividends, with the change in P/E ratio being a detractor. I breakdown the components of total return for each Dividend King by sector to gain insights into current valuation.

Equity markets have been bouncing all over the place to kick off the new year. Some folks may be concerned that valuations are stretched thin after back-to-back years of over 20% gains in the S&P 500 in 2023 and 2024.

GLENVIEW, Ill., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its fourth quarter and full year 2024 results on Wednesday, February 5, 2025 at 7:00 a.m. CST. Following the release, ITW will hold its fourth quarter and full year 2024 earnings webcast at 9:00 a.m. CST.

There are plenty of ways to generate passive income, such as real estate, bonds, certificates of deposit, savings accounts, and more. You can even generate passive income from holding stocks.

Only 11 Dividend Kings outperformed the S&P 500 during the last decade based on Total Return. 5 Dividend Kings earn the rank of "High Quality" based on my custom quantitative model. Using a variation of a truncated custom quality score could have generated a total return nearly double that of the S&P 500 during the last 9 years.

It's no secret that inflation has caused prices of goods and services to rise in the last few years. The need to spend more just to maintain your current standard of living is a constant worry for many families.