“ITW is an industrial company unlike any other, built to deliver consistent, reliable, high-quality performance and generate differentiated total shareholder returns that compound through the cycle and over the long term in whatever environment arises. We have never been stronger or better positioned for the future.”

- Christopher A. O’Herlihy, CEO

ITW’s 2030 Performance Goals

~30%

Operating Margin

35%+

After-tax ROIC

4%+

Avg. Annual Organic Growth

35-40%

Incremental Margin

9-10%

Avg. Annual EPS Growth

100%+

Free Cash Flow as % of Net Income

7%+

Annual Dividend Increase

50%

Scope 1 & Scope 2 GHG Reduction

ITW Business Model

Our Proprietary Business Model and Strategic Framework