• Illinois Tool Works average return on equity for 2023 was 99.57, a 22.88% increase from 2022.
• Illinois Tool Works average return on equity for 2022 was 81.03, a 1.41% increase from 2021.
• Illinois Tool Works average return on equity for 2021 was 79.9, a 3.5% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.