ITW Reports Fourth Quarter and Full Year 2024 Results

Fourth Quarter 2024 Highlights Revenue of $3.9 billion, a decrease of 1.3% as organic growth declined 0.5%; Organic growth of 0.4% turned positive excluding Product Line Simplification (PLS) reduction of 0.9%Record operating margin of 26.2%, an increase of 140 bps as enterprise initiatives contributed 120 bpsOperating cash flow of$ 1.1B; record free cash flow of $1B, an increase of 10% with a conversion of 133%GAAP EPS of$ 2.54, an increase of 7% 2024 Highlights Revenue of $15.9 billion, a decrease of 1.3% ...