Illinois Tool Works (ITW) Divestments (2009 - 2023)
Illinois Tool Works (ITW) posted quarterly Divestments of -$7.0 million for Q3 2023, down 333.33% year-over-year from $3.0 million in Q3 2022, and down 170.0% quarter-over-quarter from $10.0 million in Q2 2023.
Illinois Tool Works (ITW) Divestments (2009 - 2023) Analysis & Trends
Illinois Tool Works' Divestments history runs 14 years deep, the most recent figure standing at -$7.0 million for Q3 2023.
- In Q3 2023, Divestments fell 333.33% year-over-year to -$7.0 million; the TTM figure through Dec 2025 stood at -$7.0 million (down 333.33% YoY), while the FY2024 annual figure was $395.0 million, changed N/A from the prior year.
- Divestments for Q3 2023 stood at -$7.0 million, down from $10.0 million in the prior quarter.
- The five-year high for Divestments was $115.0 million in Q4 2019, with the low at -$7.0 million in Q3 2023.
- The 4-year median for Divestments is $3.0 million (2019), against an average of $22.6 million.
- The sharpest annual moves came in 2019 and 2023: Divestments jumped 200.0% in 2019, then plunged 333.33% in 2023.
- Illinois Tool Works' Divestments stood at $115.0 million in 2019, then sank by 99.13% to $1.0 million in 2020, then soared by 5800.0% to $59.0 million in 2022, then plunged by 111.86% to -$7.0 million in 2023.
- Business Quant data shows ITW's Divestments at -$7.0 million in Q3 2023, $10.0 million in Q2 2023, and -$3.0 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | -4.00 Mn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | - |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | - |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | - |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | - |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | - |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | - |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -7.00 Mn |
| Jun 30, 2023 | 10.00 Mn |
| Mar 31, 2023 | -3.00 Mn |
| Dec 31, 2022 | 59.00 Mn |
| Sep 30, 2022 | 3.00 Mn |
| Dec 31, 2020 | 1.00 Mn |
| Dec 31, 2019 | 115.00 Mn |
| Sep 30, 2019 | 3.00 Mn |
| Sep 30, 2018 | 1.00 Mn |
| Jun 30, 2017 | 2.00 Mn |
| Dec 31, 2016 | 167.00 Mn |
| Sep 30, 2016 | -1.00 Mn |
| Jun 30, 2016 | 1.00 Mn |
| Mar 31, 2016 | 1.00 Mn |
| Dec 31, 2015 | -29.00 Mn |
| Jun 30, 2015 | 1.00 Mn |
| Mar 31, 2015 | 28.00 Mn |
| Dec 31, 2014 | 5.00 Mn |
| Sep 30, 2014 | 4.00 Mn |
| Jun 30, 2014 | 9.00 Mn |