Business Segment Overview A Diversified, High-Quality Business Portfolio Our portfolio positions us to deliver differentiated performance and operating margins in any market environment. ITW’s diversified business portfolio is comprised of seven market-leading segments that operate in industries where product performance matters most to the customer and the best solution wins. Our businesses operate all over the world, so we can remain close to our customers. BY THE NUMBERS 2020 Total Company Revenue by Segment Automotive OEM (20%) Construction Products (13%) Food Equipment (14%) Polymers & Fluids (13%) Specialty Products (13%) Test & Measurement and Electronics (16%) Welding (11%) $12.6 Total 2020 Revenue (in billions) 22.9% Total 2020 Operating Margin ~18,500 Total Patent Portfolio (Granted and pending as of Dec. 2020) DISCOVER OUR BUSINESS SEGMENTS Automotive OEM Construction Products Food Equipment Polymers & Fluids Specialty Products Test & Measurement and Electronics Welding SUPPLIERS CONTACT US PRIVACY STATEMENT TERMS OF USE Facebook Twitter LinkedIn © 2021 Illinois Tool Works Inc. All Rights Reserved. Download Acrobat Reader We use cookies and similar technologies on our Website to ensure you the best browsing experience. Read about how we use cookies and how you can control them in our Privacy Statement. If you continue to use this site, you consent to our use of cookies. To learn more, click here. I ACCEPT.