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earnings
Format: PDF earnings
Illinois Tool Works reported Q1 2024 earnings with revenue of $4.0B and operating margin of 25.4%, driven by strong margin performance and enterprise initiatives despite challenging near-term demand. The company delivered EPS of $2.44, up 5% year-over-year, with free cash flow of $494M representing 68% of net income, and maintained after-tax ROIC of 30.1%.
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