Illinois Tool Works Inc (NYSE:ITW)
$ 249.77 0.68 (0.27%) Market Cap: 74.53 Bil Enterprise Value: 81.69 Bil PE Ratio: 24.63 PB Ratio: 24.71 GF Score: 90/100

Q4 2023 Illinois Tool Works Inc Earnings Call Transcript

Feb 01, 2024 / 03:00PM GMT
Release Date Price: $255.55 (-2.05%)
Operator

Good morning. My name is Eric, and I will be your conference operator today. At this time, I would like to welcome everyone to the ITW Fourth Quarter Earnings Conference Call.

(Operator Instructions) Karen Fletcher, Vice President of Investor Relations, you may begin your conference.

Karen A. Fletcher
Illinois Tool Works Inc. - VP of IR

Thank you, Eric. Good morning, and welcome to ITW's Fourth Quarter 2023 Conference Call. I'm joined by our President and CEO, Chris OâHerlihy; and Senior Vice President and CFO, Michael Larsen. Also with us today is [Aaron Linehan,] who joined our Investor Relations team last month as Vice President. Aaron, welcome to ITW.

During today's call, we will discuss ITW's fourth quarter and full year 2023 financial results and provide guidance for full year 2024. Slide 2 is a reminder that this presentation contains forward-looking statements. Please refer to the company's 2022 Form 10-K and subsequent reports filed with the SEC for more detail about important risks that could cause actual results to differ

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