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ITW · Illinois Tool Works Inc

$282.85 +5.94 (+2.14%) At close · Jul 24
Market Cap
$81.42B
Shares
287.70M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue
$16.04B +0.9%
FY2025 Revenue FY2009–FY2025
Net Income
$3.07B -12.1%
FY2025 Net Income FY2009–FY2025
Gross Margin
52.9% +0.7pp
FY2025 Gross Margin FY2009–FY2025
Operating Margin
26.28% -0.5pp
FY2025 Operating Margin FY2009–FY2025
Diluted EPS
$10.49 -10.4%
FY2025 Diluted EPS FY2009–FY2025
Operating Cash Flow
$3.13B -4.7%
FY2025 Operating Cash Flow FY2009–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
$16.22B $16.04B $15.9B $16.11B $15.93B $14.46B $12.57B $14.11B $14.77B $14.31B $13.6B $13.41B $14.48B $14.14B $17.92B $17.79B $15.87B $13.88B
$7.62B $7.56B $7.6B $9.32B $9.43B $8.49B $7.38B $8.19B $8.6B $8.31B $7.9B $7.89B $8.67B $8.55B $11.46B $11.52B $10.24B $9.14B
$8.6B $8.49B $8.29B $6.79B $6.5B $5.97B $5.2B $5.92B $6.16B $6.01B $5.7B $5.52B $5.81B $5.58B $6.47B $6.27B $5.63B $4.73B
52.9% 52.17% 42.16% 40.82% 41.27% 41.35% 41.97% 41.74% 41.95% 41.94% 41.16% 40.12% 39.48% 36.09% 35.24% 35.47% 34.1%
$302M $292M $284M $269M $239M $214M $221M $233M $225M $223M $218M $227M $240M $266M $242.98M $220.46M
$231M $242M $250M $288M $255.34M $212.88M $203.23M
$4.29B $4.22B $4.26B $4.04B $3.79B $3.48B $2.88B $3.4B $3.58B $3.49B $3.06B $2.87B $2.89B $2.51B $2.85B $2.73B $2.36B $1.39B
26.28% 26.82% 25.08% 23.79% 24.05% 22.92% 24.11% 24.27% 24.41% 22.53% 21.39% 19.94% 17.79% 15.88% 15.35% 14.85% 9.99%
$297M $292M $283M $266M $203M $202M $206M $221M $257M $260M $237M $226M $250M $239M $214M $192.13M $175.46M $164.84M
$40M $44M $51M $22M $12M $17M $29M $35M $45M $38M $52M $65M $50M $40M $40.28M $22.42M
$50M $42M $441M $49M $255M $51M $28M $107M $67M $36M $81M $78M $61M $72M $37M $53.84M $30.77M -$7.35M
$0 $0 $0 $0 $0 $0 $0 $0 $0 $61M -$4M -$9M -$14M -$30M
$0 $0 $2M $9M $29M $8M $15M $9M $16M -$13M $4M $8M $12M $11M $17.49M $20.81M -$4.94M
$3.82B $3.84B $3.33B $2.7B $3.29B $3.39B $3.27B $2.91B $2.72B $2.7B $2.35B $3.6B $2.59B $2.21B $1.21B
$904M $900M $934M $866M $808M $632M $595M $767M $831M $1.58B $873M $820M $809M $717M $1.11B $575.7M $684.8M $244.3M
$3.13B $3.07B $3.49B $2.96B $3.03B $2.69B $2.11B $2.52B $2.56B $1.69B $2.04B $1.9B $2.95B $1.68B $2.87B $2.07B $1.53B $947.01M
19.11% 21.94% 18.36% 19.04% 18.64% 16.77% 17.87% 17.36% 11.79% 14.96% 14.17% 20.34% 11.88% 16.01% 11.65% 9.62% 6.82%
USD/shares $10.52 $11.75 $9.77 $9.80 $8.55 $6.66 $7.78 $7.65 $4.90 $5.73 $5.16 $7.33 $3.76 $6.11 $4.21 $3.05 $1.89
USD/shares $11.10 – $11.50 $10.49 $11.71 $9.74 $9.77 $8.51 $6.63 $7.74 $7.60 $4.86 $5.70 $5.13 $7.28 $3.74 $6.06 $4.19 $3.03 $1.89
shares 291.5M 296.8M 302.6M 309.6M 315.1M 316.9M 323.9M 335M 344.1M 355M 367.9M 401.7M 446.2M 469.8M 491.44M 500.77M
shares 292.3M 297.8M 303.6M 310.7M 316.4M 318.3M 325.6M 337.1M 346.8M 357.1M 370.1M 404.6M 449.3M 494.65M 503.35M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2025: $26.23B in buybacks, $18.47B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
5.53×
Specialty Industrial Machinery median 3.27×
EV/EBIT
20.94×
Specialty Industrial Machinery median 24.04×
P/E (TTM)
26.28×
Specialty Industrial Machinery median 33.03×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Automotive OEM Segment $3,288,000,000 $3,188,000,000 $3,235,000,000 $2,969,000,000 $2,800,000,000 $2,571,000,000 $3,063,000,000 $3,338,000,000
Test and Measurement and Electronics Segment $2,825,000,000 $2,818,000,000 $2,832,000,000 $2,828,000,000 $2,346,000,000 $1,963,000,000 $2,121,000,000 $2,171,000,000
Food Equipment Segment $2,699,000,000 $2,647,000,000 $2,622,000,000 $2,444,000,000 $2,078,000,000 $1,739,000,000 $2,188,000,000 $2,214,000,000
Welding Segment $1,890,000,000 $1,851,000,000 $1,902,000,000 $1,894,000,000 $1,650,000,000 $1,384,000,000 $1,638,000,000 $1,691,000,000
Construction Products Segment $1,820,000,000 $1,909,000,000 $2,033,000,000 $2,113,000,000 $1,945,000,000 $1,652,000,000 $1,625,000,000 $1,700,000,000
Specialty Products Segment $1,775,000,000 $1,743,000,000 $1,697,000,000 $1,799,000,000 $1,854,000,000 $1,660,000,000 $1,825,000,000 $1,951,000,000
Polymers and Fluids $1,765,000,000 $1,764,000,000 $1,804,000,000 $1,905,000,000 $1,804,000,000 $1,622,000,000 $1,669,000,000 $1,724,000,000
Polymers and Fluids Segment $1,765,000,000 $1,764,000,000 $1,804,000,000 $1,905,000,000 $1,804,000,000 $1,622,000,000 $1,669,000,000 $1,724,000,000

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
North America $8,480,000,000 $8,530,000,000 $8,722,000,000 $8,704,000,000 $7,518,000,000 $6,612,000,000 $7,479,000,000 $7,612,000,000
United States $7,395,000,000 $7,374,000,000 $7,576,000,000 $7,609,000,000 $6,578,000,000 $5,834,000,000 $6,507,000,000 $6,562,000,000
EMEA $4,162,000,000 $4,101,000,000 $4,147,000,000 $3,913,000,000 $3,870,000,000 $3,447,000,000 $3,920,000,000 $4,241,000,000
Asia Pacific $3,079,000,000 $2,961,000,000 $2,935,000,000 $2,991,000,000 $2,802,000,000 $2,291,000,000 $2,400,000,000 $2,573,000,000
Canada and Mexico $1,085,000,000 $1,156,000,000 $1,146,000,000 $1,095,000,000 $940,000,000 $778,000,000 $972,000,000 $1,050,000,000
South America $323,000,000 $306,000,000 $303,000,000 $324,000,000 $265,000,000 $224,000,000 $310,000,000 $342,000,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Food Equipment Segment $753,000,000 $719,000,000 $713,000,000 $618,000,000 $469,000,000 $342,000,000 $578,000,000 $572,000,000
Test and Measurement and Electronics Segment $694,000,000 $703,000,000 $686,000,000 $684,000,000 $643,000,000 $507,000,000 $542,000,000 $523,000,000
Automotive OEM Segment $693,000,000 $625,000,000 $561,000,000 $499,000,000 $545,000,000 $457,000,000 $659,000,000 $751,000,000
Welding Segment $621,000,000 $597,000,000 $605,000,000 $583,000,000 $490,000,000 $376,000,000 $453,000,000 $474,000,000
Specialty Products Segment $553,000,000 $528,000,000 $449,000,000 $481,000,000 $504,000,000 $432,000,000 $472,000,000 $522,000,000
Construction Products Segment $550,000,000 $559,000,000 $578,000,000 $548,000,000 $530,000,000 $421,000,000 $383,000,000 $414,000,000
Polymers and Fluids $493,000,000 $484,000,000 $482,000,000 $479,000,000 $457,000,000 $402,000,000 $381,000,000 $369,000,000

Operating Margin by Segment (%)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Automotive OEM Segment 21.1% 19.6% 17.3% 16.8% 19.5% 17.8% 21.5% 22.5%
Test and Measurement and Electronics Segment 24.6% 24.9% 24.2% 24.2% 27.4% 25.8% 25.6% 24.1%
Food Equipment Segment 27.9% 27.2% 27.2% 25.3% 22.6% 19.7% 26.4% 25.8%
Welding Segment 32.9% 32.3% 31.8% 30.8% 29.7% 27.2% 27.7% 28%
Construction Products Segment 30.2% 29.3% 28.4% 25.9% 27.2% 25.5% 23.6% 24.4%
Specialty Products Segment 31.2% 30.3% 26.5% 26.7% 27.2% 26% 25.9% 26.8%
Polymers and Fluids 27.9% 27.4% 26.7% 25.1% 25.3% 24.8% 22.8% 21.4%
Key facts CIK 49826 CUSIP 452308109 13F (30d) 617 filings 606 filers Visit website Investor relations