Illinois Tool Works Inc (XTER:ILT)
€ 264.5 1 (0.38%) Market Cap: 78.00 Bil Enterprise Value: 84.60 Bil PE Ratio: 24.01 PB Ratio: 24.17 GF Score: 87/100
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Q4 2021 Illinois Tool Works Inc Earnings Call Transcript

Feb 03, 2022 / 03:00PM GMT
Release Date Price: €215.2 (+3.46%)
Operator

Good morning. My name is Brent, and I will be your conference operator today. At this time, I would like to welcome everyone to the 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, Brent. Good morning, and welcome to ITW's Fourth Quarter 2021 Conference Call. With me today are Chairman and CEO, Scott Santi; and Senior Vice President and CFO, Michael Larsen. During today's call, we will discuss ITW's fourth quarter and full year 2021 financial results and provide guidance for full year 2022.

Slide #2 is a reminder that this presentation contains forward-looking statements. We refer you to the company's 2020 Form 10-K and subsequent reports filed with the SEC for more detail about important risks that could cause actual results to differ materially from our expectations.

This presentation uses certain non-GAAP measures, and a reconciliation of those measures to the most directly comparable GAAP

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