Illinois Tool Works Inc (ITW) company profile

Illinois Tool Works manufactures a diversified portfolio of industrial equipment, specialized components, and consumable supplies across seven operating segments: Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Specialty Products. Its portfolio includes automotive fasteners, commercial kitchen and refrigeration appliances, materials testing devices, welding machinery, engineered adhesives, construction fastening systems, and product packaging equipment. The enterprise supplies original equipment manufacturers, commercial food service businesses, electronics producers, construction contractors, industrial fabricators, automotive maintenance facilities, and retail customers.

The enterprise maintains operations through 88 divisions located across 49 countries globally. It employs approximately 43,000 people, with about 16,000 workers located in the United States and the remainder situated throughout multiple international locations. The provided text does not identify the city or location of the company's corporate headquarters.

Summary of the business section of Illinois Tool Works's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“As of December 31, 2025, the Company employed approximately 43,000 people, with approximately 16,000 people located in the United States and the remainder in multiple other countries where the Company's businesses operate.”