Illinois Tool Works Inc
ITWCompany Overview
No company description available.
Country
US
Market Cap
$77.35B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.14%
passed
Liabilities Compliance
10.82%
passed
Final Shariah Status
Passed
This stock meets all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | Illinois Tool Works Inc |
| Ticker | ITW |
| Main Business | Specialty Industrial Machinery |
| Type | Common Stock |
| Industry | Specialty Industrial Machinery |
| Country | US |
| Market Cap | $77.35 B |
Shariah Analysis Breakdown
Business compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Automotive Original Equipment Manufacturer (OEM) | $2,970.0 | $0.0 | - |
| Test & Measurement and Electronics | $2,830.0 | $0.0 | - |
| Food Equipment | $2,440.0 | $0.0 | - |
| Construction Products | $2,110.0 | $0.0 | - |
| Polymers & Fluids | $1,910.0 | $0.0 | - |
| Welding | $1,890.0 | $0.0 | - |
| Specialty Products | $1,800.0 | $0.0 | - |
| Intersegment revenue | $-20.0 | $0.0 | - |
| Interest income | $22.0 | $22.0 | - |
| Total | $15,952.0 | $22.0 | 0.14% (passed) |
Liabilities Compliance Breakdown
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $1,880,000,000.0 | 2.43% |
| long term debt and capital lease obligation | $6,490,000,000.0 | 8.39% |
| Total Interest-Bearing Debt | $8,370,000,000.0 | 10.82% |
| Market Capitalization | $77,350,882,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |