Illinois Fixed Asset Turnover from 2010 to 2024

ITW Stock  USD 276.04  0.47  0.17%   
Illinois Tool Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 5.32 in 2024. During the period from 2010 to 2024, Illinois Tool Fixed Asset Turnover regression line of quarterly data had mean square error of  1.80 and geometric mean of  7.63. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.24235612
Current Value
5.32
Quarterly Volatility
1.30552935
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Illinois Tool financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Illinois Tool's main balance sheet or income statement drivers, such as Depreciation And Amortization of 281.8 M, Interest Expense of 279.3 M or Total Revenue of 10.8 B, as well as many indicators such as Price To Sales Ratio of 5.17, Dividend Yield of 0.0135 or PTB Ratio of 27.63. Illinois financial statements analysis is a perfect complement when working with Illinois Tool Valuation or Volatility modules.
  
Check out the analysis of Illinois Tool Correlation against competitors.

Latest Illinois Tool's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Illinois Tool Works over the last few years. It is Illinois Tool's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Illinois Tool's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Illinois Fixed Asset Turnover Regression Statistics

Arithmetic Mean7.76
Geometric Mean7.63
Coefficient Of Variation16.82
Mean Deviation0.94
Median8.23
Standard Deviation1.31
Sample Variance1.70
Range4.6379
R-Value(0.13)
Mean Square Error1.80
R-Squared0.02
Significance0.64
Slope(0.04)
Total Sum of Squares23.86

Illinois Fixed Asset Turnover History

2024 5.32
2023 7.24
2022 8.62
2021 7.99
2020 7.08
2019 8.16
2018 8.25

About Illinois Tool Financial Statements

Illinois Tool investors use historical fundamental indicators, such as Illinois Tool's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Illinois Tool. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.24  5.32 

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Additional Tools for Illinois Stock Analysis

When running Illinois Tool's price analysis, check to measure Illinois Tool's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.