Illinois Tool Works

Illinois Tool Works R&D per Employee

The R&D Spending per Employee of Illinois Tool Works (ITW) as of Nov 3, 2026 is 6,790.70 USD. In the previous year, R&D Spending per Employee was 61,348.84 USD — a change of -88.93% (lower).

R&D per Employee

6,790.70USD

YoY

-88.93%

Last updated:

R&D Spending per Employee of Illinois Tool Works is 2024 6,790.70 USD. R&D Spending per Employee of Illinois Tool Works was 2023 61,348.84 USD. It decreases by -88.93% lower compared to the previous year.

The Illinois Tool Works R&D per Employee history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

R&D per Employee
Date
R&D per Employee
Jan 1, 2017
5,232.56 USD
Jan 1, 2018
5,418.60 USD
Jan 1, 2019
5,139.53 USD
Jan 1, 2020
4,976.74 USD
Jan 1, 2021
5,558.14 USD
Jan 1, 2022
6,255.81 USD
Jan 1, 2023
61,348.84 USD
Jan 1, 2024
6,790.70 USD
The Illinois Tool Works R&D per Employee history
YEARR&D per EmployeeYoY
6,790.70USD-88.93%
61,348.84USD+880.67%
6,255.81USD+12.55%
5,558.14USD+11.68%
4,976.74USD-3.17%
5,139.53USD-5.15%
5,418.60USD+3.56%
5,232.56USD+0.90%
5,186.05USD+2.29%
5,069.77USD-3.96%
5,279.07USD—

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Illinois Tool Works Stock analysis

What does Illinois Tool Works do? Illinois Tool Works Inc. is a multinational corporation based in Illinois, USA. It was founded in 1912 and has become one of the leading companies in the construction, production, and sale of various products. ITW operates in over 55 countries and employs over 48,000 employees worldwide. The company consists of 7 different business segments, specializing in a wide range of markets including automotive, construction, food and beverage, electronics and communications, medical technology, petrochemicals, and metal processing. ITW's business model is to develop innovative products and solutions that meet the needs of industry and commerce. The company specializes in providing customized solutions for customers and follows a holistic approach from product conception to production, delivery, and maintenance. ITW offers products and solutions in various industries including automotive, construction, food and beverage, electronics and communications, medical technology, petrochemicals, and metal processing. The company has earned an excellent reputation for delivering tailored solutions that enhance productivity and efficiency. In summary, Illinois Tool Works Inc. is an international corporation specializing in the development, manufacturing, and marketing of various products and solutions in many different industries and markets. The company has earned an excellent reputation for delivering tailored solutions that meet the needs of industry and commerce. Illinois Tool Works is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Illinois Tool Works stock

R&D Spending per Employee of Illinois Tool Works is 6,790.70 USD in 2024.

R&D Spending per Employee of Illinois Tool Works changed from 61,348.84 USD to 6,790.70 USD, representing a -88.93% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of R&D Spending per Employee Illinois Tool Works since 2006 – with annual values, charts, and detailed analysis.

R&D per employee shows the research and development investment allocated per employee. Higher values indicate innovation-focused companies.

R&D Spending per Employee's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track R&D Spending per Employee's Illinois Tool Works historically and in real time.

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Workforce — Illinois Tool Works

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