Illinois Tool Works Return On Tangible Equity 2010-2025 | ITW
- Illinois Tool Works average return on tangible equity for 2024 was -132.34, a 8.17% increase from 2023.
- Illinois Tool Works average return on tangible equity for 2023 was -122.35, a 0.46% increase from 2022.
- Illinois Tool Works average return on tangible equity for 2022 was -122.92, a 3.04% decline from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.