Illinois Tool Works is always one of the most interesting industrial companies to follow
because it has broad exposure to the industrial economy. In particular,
Foolish investors in peers like Johnson Controls Inc. and 3M Company should take note, while Fools invested in industrial supply companies like WESCO International Inc. and Fastenal Company will surely have an interest, too.
How Illinois Tool Works makes money
A quick look at Illinois Tool Works' revenue by end market reveals how diverse its end-market customers are. Even within the automotive segment, it sells into a mix of original equipment manufacturers and aftermarket customers. It's a similar story within its construction (residential, commercial, and renovation) and its food (institutional, service, and retail) sales, too.
A quick look at Illinois Tool Works' revenue by end market reveals how diverse its end-market customers are. Even within the automotive segment, it sells into a mix of original equipment manufacturers and aftermarket customers. It's a similar story within its construction (residential, commercial, and renovation) and its food (institutional, service, and retail) sales, too.
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