Returns On Capital At Illinois Tool Works (NYSE:ITW) Have Stalled [Yahoo! Finance]
Illinois Tool Works Inc. (ITW)
Last illinois tool works inc. earnings: 1/31 08:00 am
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Source: Yahoo! Finance
One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at Illinois Tool Works NYSE:ITW ), they do have a high ROCE, but we weren't exactly elated from how returns are trending. Understanding Return On Capital Employed (ROCE) Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for Illinois Tool Works: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.37 = US$4.0b ÷ (US$16b - US$4.7b) (Based on the trailing twelve months to December 2023) Therefore, Illinois Tool Works has an ROCE of 37%. In a
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News
- Illinois Tool (ITW) to Report Q1 Earnings: What to Expect? [Yahoo! Finance]Yahoo! Finance
- Illinois Tool Works (ITW) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates [Yahoo! Finance]Yahoo! Finance
- Estimating The Intrinsic Value Of Illinois Tool Works Inc. (NYSE:ITW) [Yahoo! Finance]Yahoo! Finance
- To gain efficiency and spark growth, Killer Brownie got in the 'Fastlane' [Yahoo! Finance]Yahoo! Finance
- Down -5.68% in 4 Weeks, Here's Why You Should You Buy the Dip in Illinois Tool Works (ITW) [Yahoo! Finance]Yahoo! Finance
ITW
Earnings
- 2/1/24 - Beat
ITW
Sec Filings
- 3/25/24 - Form DEFA14A
- 3/22/24 - Form DEFA14A
- 3/22/24 - Form DEF
- ITW's page on the SEC website