ITW Reports First Quarter 2024 Results

ITW Reports First Quarter 2024 Results Illinois Tool Works Inc. (NYSE: ITW) today reported its first quarter 2024 results. “While the near-term demand environment across the majority of our segments was challenging as expected, the ITW team delivered a solid start to the year as operating income grew four percent, operating margin expanded 120 basis points to 25.4 percent, and EPS increased five percent to $2.44, excluding a one-time item,” said Christopher A. O’Herlihy, President and Chief Executive Officer. “I am confident that ITW is on track and well positioned to deliver on our 2024 performance targets.” View the complete press release. View all earnings communications.