Illinois Tool Works Inc (ITW)
251.77
+1.13
(+0.45%)
USD |
NYSE |
Apr 24, 16:00
251.77
0.00 (0.00%)
After-Hours: 20:00
Illinois Tool Works Gross Profit Margin (Quarterly): 41.95% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 41.95% |
| September 30, 2023 | 42.47% |
| June 30, 2023 | 42.46% |
| March 31, 2023 | 41.75% |
| December 31, 2022 | 41.85% |
| September 30, 2022 | 40.89% |
| June 30, 2022 | 40.36% |
| March 31, 2022 | 40.16% |
| December 31, 2021 | 40.45% |
| September 30, 2021 | 41.06% |
| June 30, 2021 | 41.16% |
| March 31, 2021 | 42.47% |
| December 31, 2020 | 42.45% |
| September 30, 2020 | 42.24% |
| June 30, 2020 | 37.83% |
| March 31, 2020 | 42.04% |
| December 31, 2019 | 41.71% |
| September 30, 2019 | 42.31% |
| June 30, 2019 | 41.84% |
| March 31, 2019 | 42.03% |
| December 31, 2018 | 41.45% |
| September 30, 2018 | 41.99% |
| June 30, 2018 | 41.76% |
| March 31, 2018 | 41.75% |
| December 31, 2017 | 41.47% |
| Date | Value |
|---|---|
| September 30, 2017 | 42.13% |
| June 30, 2017 | 42.01% |
| March 31, 2017 | 42.29% |
| December 31, 2016 | 40.63% |
| September 30, 2016 | 42.00% |
| June 30, 2016 | 42.67% |
| March 31, 2016 | 42.09% |
| December 31, 2015 | 40.73% |
| September 30, 2015 | 41.77% |
| June 30, 2015 | 41.06% |
| March 31, 2015 | 41.05% |
| December 31, 2014 | 39.67% |
| September 30, 2014 | 40.90% |
| June 30, 2014 | 40.33% |
| March 31, 2014 | 39.53% |
| December 31, 2013 | 38.86% |
| September 30, 2013 | 39.80% |
| June 30, 2013 | 40.02% |
| March 31, 2013 | 39.24% |
| December 31, 2012 | 37.51% |
| September 30, 2012 | 38.68% |
| June 30, 2012 | 36.95% |
| March 31, 2012 | 36.60% |
| December 31, 2011 | 64.79% |
| September 30, 2011 | 35.33% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
37.83%
Minimum
Jun 2020
42.47%
Maximum
Sep 2023
41.45%
Average
41.84%
Median
Jun 2019
Gross Profit Margin (Quarterly) Benchmarks
| Nordson Corp | 55.03% |
| ITT Inc | 34.50% |
| American Superconductor Corp | 25.37% |
| Taylor Devices Inc | 46.95% |
| TPI Composites Inc | -10.68% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 96.63% |
| Return on Assets | 18.98% |
| Return on Invested Capital | 26.45% |
| Profit Margin (Quarterly) | 18.00% |
| Operating Margin (Quarterly) | 24.81% |
| Return on Net Operating Assets | 23.25% |