Illinois Tool Works Stock Shares Outstanding

ITW Stock  USD 273.95  4.10  1.52%   
Illinois Tool Works fundamentals help investors to digest information that contributes to Illinois Tool's financial success or failures. It also enables traders to predict the movement of Illinois Stock. The fundamental analysis module provides a way to measure Illinois Tool's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Illinois Tool stock.
Common Stock Shares Outstanding is likely to climb to about 371.6 M in 2024.
  
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Illinois Tool Works Company Shares Outstanding Analysis

Illinois Tool's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Illinois Tool Shares Outstanding

    
  295.3 M  
Most of Illinois Tool's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Illinois Tool Works is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Illinois Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Illinois Tool is extremely important. It helps to project a fair market value of Illinois Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Illinois Tool's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Illinois Tool's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Illinois Tool's interrelated accounts and indicators.
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Illinois Shares Outstanding Historical Pattern

Today, most investors in Illinois Tool Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Illinois Tool's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Illinois Tool shares outstanding as a starting point in their analysis.
   Illinois Tool Shares Outstanding   
       Timeline  
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Illinois Common Stock Shares Outstanding

Common Stock Shares Outstanding

371.56 Million

At this time, Illinois Tool's Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, Illinois Tool Works has 295.3 M of shares currently outstending. This is 102.61% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The shares outstanding for all United States stocks is 48.36% higher than that of the company.

Illinois Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Illinois Tool's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Illinois Tool could also be used in its relative valuation, which is a method of valuing Illinois Tool by comparing valuation metrics of similar companies.
Illinois Tool is currently under evaluation in shares outstanding category among its peers.

Illinois Tool ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Illinois Tool's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Illinois Tool's managers, analysts, and investors.
Environmental
Governance
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Illinois Fundamentals

About Illinois Tool Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Illinois Tool Works's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Illinois Tool using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Illinois Tool Works based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.