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0:00 / 0:00I. Business Segments and Strategy
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ITW's Free Cash Flow Surges to $3.084 Billion in 2023

ITW10-KFiling Date: 2/9/2024
Illinois Tool Works Inc.
Description

What this story covers

ITW reported a surge in Free Cash Flow to 3 point 084 billion dollars in 2023, driven by supply chain normalization and reduced working capital. The global manufacturer leverages a unique 80/20 Business Model across seven segments, showing strong operating income growth despite diverse market challenges.

Story snapshot

CompanyIllinois Tool Works Inc.
TickerITW
VariantStandard detailed
Duration31:33
Filing type10-K
PeriodAnnual 2023
IndustryIndustrials & Manufacturing
Accession0000049826-24-000008

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