Illinois Tool Works (ITW) Divestments (2009 - 2023)
Illinois Tool Works (ITW) recorded quarterly Divestments of -$7.0 million in Q3 2023, down 170.0% quarter-over-quarter from $10.0 million in Q2 2023, and down 333.33% on a YoY basis from $3.0 million in Q3 2022.
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 was -$7.0 million for Q3 2023 at Illinois Tool Works, down from $10.0 million in the prior quarter.
- In the past five years, Divestments ranged from a high of $220.0 million in Q4 2022 to a low of -$7.0 million in Q3 2023.
- Historically, Divestments has averaged $42.8 million across 4 years, with a median of $3.0 million in 2019.
- The sharpest annual moves came in 2019 and 2023: Divestments surged 200.0% in 2019, then sank 333.33% in 2023.
- A 4-year view of Divestments shows it stood at $115.0 million in 2019, then slumped by 99.13% to $1.0 million in 2020, then surged by 21900.0% to $220.0 million in 2022, then tumbled 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 598.00 Mn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | - |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | - |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | - |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | - |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | - |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | - |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 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 | 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 | 2.00 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 | -13.00 Mn |
| Sep 30, 2014 | 4.00 Mn |
| Jun 30, 2014 | 9.00 Mn |