Illinois Income Tax Expense from 2010 to 2024

ITW Stock  USD 275.99  2.51  0.90%   
Illinois Tool Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense will likely drop to about 567.9 M in 2024. During the period from 2010 to 2024, Illinois Tool Income Tax Expense regression line of quarterly data had mean square error of 110926.7 T and geometric mean of  649,202,603. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-09-30
Previous Quarter
246 M
Current Value
202 M
Quarterly Volatility
97.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Illinois Tool financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Illinois Tool's main balance sheet or income statement drivers, such as Depreciation And Amortization of 281.8 M, Interest Expense of 279.3 M or Total Revenue of 10.8 B, as well as many indicators such as Price To Sales Ratio of 5.17, Dividend Yield of 0.0135 or PTB Ratio of 27.63. Illinois financial statements analysis is a perfect complement when working with Illinois Tool Valuation or Volatility modules.
  
Check out the analysis of Illinois Tool Correlation against competitors.

Latest Illinois Tool's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Illinois Tool Works over the last few years. It is Illinois Tool's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Illinois Tool's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Illinois Income Tax Expense Regression Statistics

Arithmetic Mean772,735,803
Geometric Mean649,202,603
Coefficient Of Variation41.94
Mean Deviation202,148,476
Median808,000,000
Standard Deviation324,083,236
Sample Variance105029.9T
Range1.5B
R-Value0.14
Mean Square Error110926.7T
R-Squared0.02
Significance0.62
Slope10,066,283
Total Sum of Squares1470419.2T

Illinois Income Tax Expense History

2024567.9 M
2023866 M
2022808 M
2021632 M
2020595 M
2019767 M
2018831 M

About Illinois Tool Financial Statements

Illinois Tool investors use historical fundamental indicators, such as Illinois Tool's Income Tax Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Illinois Tool. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense866 M567.9 M

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Additional Tools for Illinois Stock Analysis

When running Illinois Tool's price analysis, check to measure Illinois Tool's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.