Illinois Tool Works (ITW) Divestments (2009 - 2023)
Illinois Tool Works (ITW) posted Divestments of -$7.0 million for Q3 2023, down 170.0% on a QoQ basis from $10.0 million in Q2 2023, and down 333.33% year-over-year from $3.0 million in Q3 2022.
Analysis
Illinois Tool Works (ITW) Divestments (2009 - 2023) Analysis & Trends
Illinois Tool Works has reported Divestments for 14 years, with the latest figure at -$7.0 million in 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 was -$7.0 million for Q3 2023 at Illinois Tool Works, down from $10.0 million in the prior quarter.
- The five-year high for Divestments was $220.0 million in Q4 2022, with the low at -$7.0 million in Q3 2023.
- Average Divestments over 4 years is $42.8 million, with a median of $3.0 million recorded in 2019.
- The sharpest annual moves came in 2019 and 2023: Divestments soared 200.0% in 2019, then plunged 333.33% in 2023.
- Over 4 years, Divestments stood at $115.0 million in 2019, then sank by 99.13% to $1.0 million in 2020, then soared by 21900.0% to $220.0 million in 2022, then slumped by 103.18% to -$7.0 million in 2023.
- The last three Divestments figures came in at -$7.0 million (Q3 2023), $10.0 million (Q2 2023), and -$3.0 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.27 Bn | 80.94 Bn | 2.68 Bn | - |
| 2 | Illinois Tool Works | 75.18 Bn | 74.34 Bn | 1.90 Bn | - |
| 3 | Ametek | 53.64 Bn | 53.15 Bn | 735.04 Mn | - |
| 4 | Rockwell Automation | 46.77 Bn | 46.29 Bn | 1.14 Bn | - |
| 5 | Mettler Toledo International | 25.86 Bn | 25.81 Bn | 650.22 Mn | - |
| 6 | Dover | 25.37 Bn | 23.61 Bn | 880.61 Mn | - |
| 7 | Nordson | 17.17 Bn | 17.06 Bn | 453.73 Mn | - |
| 8 | Fortive | 16.61 Bn | 16.24 Bn | 695.30 Mn | - |
| 9 | RBC Bearings | 14.93 Bn | 14.80 Bn | 247.80 Mn | - |
| 10 | Regal Rexnord | 10.43 Bn | 9.99 Bn | 611.60 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -7.00 Mn |
| Jun 30, 2023 | 10.00 Mn |
| Mar 31, 2023 | -3.00 Mn |
| Dec 31, 2022 | 220.00 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 | 166.00 Mn |
| Sep 30, 2016 | -1.00 Mn |
| Jun 30, 2016 | 1.00 Mn |
| Mar 31, 2016 | 1.00 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 |
| Sep 30, 2013 | 1.00 Mn |