Illinois Tool Works Gross Margin 2010-2024 | ITW

Illinois Tool Works gross margin for the quarter ending September 30, 2024 was 43.89%.

  • Illinois Tool Works average gross margin for 2023 was 41.81%, a 2.93% increase from 2022.
  • Illinois Tool Works average gross margin for 2022 was 40.62%, a 2.47% increase from 2021.
  • Illinois Tool Works average gross margin for 2021 was 41.65%, a 0.58% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Illinois Tool Works Gross Margin 2010-2024 | ITW

  • Illinois Tool Works average gross margin for 2023 was 41.81%, a 2.93% increase from 2022.
  • Illinois Tool Works average gross margin for 2022 was 40.62%, a 2.47% increase from 2021.
  • Illinois Tool Works average gross margin for 2021 was 41.65%, a 0.58% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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