Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
293.45
+6.81 (2.38%)
At close: Nov 4, 2026, 4:00 PM EST
298.47
+5.01 (1.71%)
Pre-market: Nov 5, 2026, 7:20 AM EST
Illinois Tool Works Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 16,646 | 16,044 | 15,898 | 16,107 | 15,932 | 14,455 |
Revenue Growth | 4.80% | 0.92% | -1.30% | 1.10% | 10.22% | 14.96% |
Gross Profit Gross Profit Growth | 7,377 | 7,075 | 7,040 | 6,791 | 6,503 | 5,966 |
Operating Income Operating Income Growth | 4,471 | 4,258 | 4,292 | 4,073 | 3,831 | 3,500 |
Net Income Net Income Growth | 3,228 | 3,066 | 3,488 | 2,957 | 3,034 | 2,694 |
Earnings Per Share EPS Growth | 11.21 | 10.49 | 11.71 | 9.74 | 9.77 | 8.51 |
EPS Growth | 8.77% | -10.42% | 20.23% | -0.31% | 14.81% | 28.36% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Automotive OEM Automotive OEM Growth | 3,318 | 3,288 | 3,188 | 3,235 | 2,969 | 2,800 |
Food Equipment Food Equipment Growth | 2,725 | 2,699 | 2,647 | 2,622 | 2,444 | 2,078 |
Test & Measurement and Electronics Test & Measurement and Electronics Growth | 3,092 | 2,825 | 2,818 | 2,832 | 2,828 | 2,346 |
Welding Welding Growth | 2,031 | 1,890 | 1,851 | 1,902 | 1,894 | 1,650 |
Polymers & Fluids Polymers & Fluids Growth | 1,862 | 1,765 | 1,764 | 1,804 | 1,905 | 1,804 |
Construction Products Construction Products Growth | 1,855 | 1,820 | 1,909 | 2,033 | 2,113 | 1,945 |
Specialty Products Specialty Products Growth | 1,779 | 1,775 | 1,743 | 1,697 | 1,799 | 1,854 |
Revenue (Total) Revenue (Total) Growth | 16,646 | 16,044 | 15,898 | 16,107 | 15,932 | 14,455 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 809 | 851 | 948 | 1,065 | 708 | 1,527 |
Total Debt Total Debt Growth | 9,372 | 9,211 | 8,078 | 8,370 | 7,949 | 7,881 |
Net Cash (Debt) Net Cash Growth | -8,563 | -8,360 | -7,130 | -7,305 | -7,241 | -6,354 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -29.75 | -28.60 | -23.94 | -24.06 | -23.31 | -20.08 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 3,262 | 3,126 | 3,281 | 3,539 | 2,348 | 2,557 |
Capital Expenditures CapEx Growth | -394 | -419 | -437 | -455 | -412 | -296 |
Free Cash Flow Free Cash Flow Growth | 2,868 | 2,707 | 2,844 | 3,084 | 1,936 | 2,261 |
Free Cash Flow Growth | 0.81% | -4.82% | -7.78% | 59.30% | -14.37% | -12.06% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 44.32% | 44.10% | 44.28% | 42.16% | 40.82% | 41.27% |
Operating Margin | 26.86% | 26.54% | 27.00% | 25.29% | 24.05% | 24.21% |
Pretax Margin | 25.24% | 24.72% | 27.81% | 23.74% | 24.11% | 23.01% |
Profit Margin | 19.39% | 19.11% | 21.94% | 18.36% | 19.04% | 18.64% |
FCF Margin | 17.23% | 16.87% | 17.89% | 19.15% | 12.15% | 15.64% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 5, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 6.880 | 6.220 | 5.800 | 5.420 | 5.060 | 4.720 |
Dividend Per Share Growth | 7.07% | 7.24% | 7.01% | 7.12% | 7.20% | 6.79% |
Dividend Yield | 2.35% | 2.51% | 2.28% | 2.06% | 2.28% | 1.91% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 5, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 26.18 | 23.31 | 21.47 | 26.65 | 22.31 | 28.76 |
Forward PE | 24.37 | 22.38 | 24.21 | 26.30 | 23.78 | 28.12 |
P/FCF Ratio | 29.08 | 26.40 | 26.33 | 25.56 | 34.96 | 34.26 |
PS Ratio | 5.01 | 4.45 | 4.71 | 4.89 | 4.25 | 5.36 |