Illinois Tool Works (ITW) Divestments (2009 - 2023)
Illinois Tool Works' (ITW) quarterly Divestments came in at -$7.0 million in Q3 2023, down 333.33% year-on-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.
- On a quarterly basis, Divestments fell 333.33% year-over-year to -$7.0 million in Q3 2023; TTM through Dec 2025 was -$7.0 million, a 333.33% decrease from a year earlier, with the FY2024 full-year figure at $395.0 million, changed N/A from the prior year.
- Divestments fell to -$7.0 million in Q3 2023 per ITW's latest filing, from $10.0 million in the prior quarter.
- Across five years, Divestments topped out at $115.0 million in Q4 2019 and bottomed 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.
- Across the five-year window, Divestments jumped 200.0% in 2019 and sank 333.33% in 2023, its largest moves.
- Year by year, Divestments stood at $115.0 million in 2019, then plunged by 99.13% to $1.0 million in 2020, then jumped by 5800.0% to $59.0 million in 2022, then tumbled by 111.86% to -$7.0 million in 2023.
- Per Business Quant, the three latest ITW Divestments figures stand at -$7.0 million (Q3 2023), $10.0 million (Q2 2023), and -$3.0 million (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | -60.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | - |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | - |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | - |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | - |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | - |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | - |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | - |
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 |