ITW HOME ABOUT ITW CAREERS INVESTOR RELATIONS FINANCIALS NEWS & EVENTS GOVERNANCE STOCK INFORMATION RESOURCES Loading ... NYSE: ITW241.76 (2.29) ITW’s Long-Term Performance Targets ~28% Operating Margin ~40% After-tax ROIC 3-5% Annual Organic Growth ~35% Incremental Margin 7-10% Annual EPS Growth 100%+ Free Cash Flow as % of Net Income ~50% Dividend Payout Ratio Our Proprietary Business Model and Strategic Framework OUR BUSINESS MODEL IS OUR COMPETITIVE ADVANTAGE ITW'S LONG-TERM ENTERPRISE STRATEGY A DIVERSIFIED HIGH-QUALITY BUSINESS PORTFOLIO HIGHLY DISCIPLINED CAPITAL ALLOCATION Loading ... Q3 2021 Earnings EARNINGS RELEASE PRESENTATION WEBCAST SIGN UP FOR INVESTOR EMAIL NOTIFICATIONS Download Center Events & Presentations Annual Reports 2020 CSR SEC Filings Proxy Voting 2018 Investor Day TERMS & CONDITIONS OF USE PRIVACY STATEMENT © 2020 Illinois Tool Works Inc. All Rights Reserved.