RTX Corporation and Illinois Tool Works Inc.: A Comprehensive Revenue Analysis

Revenue Trends of RTX and ITW: A Decade in Review

__timestampIllinois Tool Works Inc.RTX Corporation
Wednesday, January 1, 20141448400000065100000000
Thursday, January 1, 20151340500000056098000000
Friday, January 1, 20161359900000057244000000
Sunday, January 1, 20171431400000059837000000
Monday, January 1, 20181476800000066501000000
Tuesday, January 1, 20191410900000077046000000
Wednesday, January 1, 20201257400000056587000000
Friday, January 1, 20211445500000064388000000
Saturday, January 1, 20221593200000067074000000
Sunday, January 1, 20231610700000068920000000
Monday, January 1, 20241589800000080738000000
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Igniting the spark of knowledge

A Tale of Two Giants: Revenue Trends of RTX Corporation and Illinois Tool Works Inc.

In the ever-evolving landscape of industrial manufacturing, RTX Corporation and Illinois Tool Works Inc. (ITW) stand as titans. Over the past decade, these companies have showcased resilience and growth, albeit with distinct trajectories. From 2014 to 2023, RTX Corporation's revenue surged by approximately 6%, peaking in 2023 with a remarkable 69 billion USD. In contrast, ITW experienced a steady climb, achieving a 12% increase, culminating in 2023 with a revenue of 16 billion USD.

The year 2020 marked a challenging period for both, with RTX witnessing a 27% dip, while ITW saw a 14% decline, reflecting the global economic downturn. However, both companies rebounded strongly, with RTX's revenue soaring by 43% by 2023. As we look to 2024, RTX's projected revenue of 81 billion USD suggests continued growth, while ITW's data remains elusive, hinting at potential surprises.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025