Illinois Research Development from 2010 to 2024

ITW Stock  USD 276.04  0.47  0.17%   
Illinois Tool Research Development yearly trend continues to be fairly stable with very little volatility. Research Development will likely drop to about 1.6 B in 2024. During the period from 2010 to 2024, Illinois Tool Research Development regression line of quarterly data had mean square error of 1243196.5 T and geometric mean of  1,285,365,236. View All Fundamentals
 
Research Development  
First Reported
2000-03-31
Previous Quarter
686 M
Current Value
658 M
Quarterly Volatility
809 M
 
Dot-com Bubble
 
Housing Crash
 
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 Research Development Growth Pattern

Below is the plot of the Research Development of Illinois Tool Works over the last few years. It is Illinois Tool's Research Development 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.
Research Development10 Years Trend
Slightly volatile
   Research Development   
       Timeline  

Illinois Research Development Regression Statistics

Arithmetic Mean1,944,005,384
Geometric Mean1,285,365,236
Coefficient Of Variation59.45
Mean Deviation971,906,421
Median2,400,000,000
Standard Deviation1,155,699,374
Sample Variance1335641T
Range3.2B
R-Value(0.37)
Mean Square Error1243196.5T
R-Squared0.14
Significance0.18
Slope(95,195,667)
Total Sum of Squares18698974.6T

Illinois Research Development History

20241.6 B
20232.6 B
2022269 M
2021239 M
2020214 M
20192.4 B
20182.4 B

About Illinois Tool Financial Statements

Illinois Tool investors use historical fundamental indicators, such as Illinois Tool's Research Development, 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
Research Development2.6 B1.6 B

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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.