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Illinois Tool Works Inc.(ITW)Earnings, Financials & Key Ratios
ITW•NYSE
$271.09
25.8× P/E·Price updated Jul 7, 2026
AboutIllinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment offers beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM/tiers, commercial food equipment, construction, general industrial, and automotive aftermarket end markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.Show more
- Revenue$16.04B+0.9%
- EBITDA$4.61B-1.2%
- Net Income$3.07B-12.1%
- EPS (Diluted)10.49-10.4%
- Gross Margin44.1%+1.0%
- EBITDA Margin28.72%-2.1%
- Operating Margin26.28%-2.0%
- Net Margin19.11%-12.9%
- ROE93.72%-15.0%
ITW Price & Volume
Illinois Tool Works Inc. (ITW) stock price & volume — 10-year historical chart
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Stagnant Organic Growth Challenges Margin Resilience Profile
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Healthy
Cash Flow:Stable
Primary Risk:Stagnant Organic Revenue Growth
Key Thesis Takeaways
- Illinois Tool Works maintains a robust profitability profile through its 80/20 business model, yet the company faces significant headwinds as organic revenue growth remains constrained, recently posting only a 4.6% increase in 2026Q1.
- While the firm demonstrates disciplined capital allocation through consistent $375 million quarterly share repurchases, the elevated debt-to-equity ratio of 2.83 warrants caution regarding long-term balance sheet flexibility.
- Investors should monitor whether the company's focus on high-margin segments can overcome the risk of diminishing returns in a volatile industrial demand environment.
Verdict Logic
while the company maintains a strong 25.4% operating margin, the current P/E ratio of 25.52 appears rich given the persistent challenges in achieving consistent organic revenue growth.
ITW Growth Metrics
Illinois Tool Works Inc. (ITW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years1.81%
5 Years4.99%
3 Years0.23%
TTM2.9%
Profit CAGR
10 Years4.91%
5 Years7.77%
3 Years0.35%
TTM-6.98%
EPS CAGR
10 Years7.42%
5 Years9.61%
3 Years2.4%
TTM-5.28%
Return on Capital
10 Years30.39%
5 Years34.91%
3 Years38.42%
Last Year38.71%
ITW Recent Earnings
Illinois Tool Works Inc. (ITW) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
Apr 30, 2026Metric
Actual
Est
EPS
$2.66+3.5%
$2.57
Rev
$4.0B+0.2%
$4.0B
Q1 2026
Feb 3, 2026Metric
Actual
Est
EPS
$2.72+1.1%
$2.69
Rev
$4.1B+0.7%
$4.1B
Q4 2025
Oct 24, 2025Metric
Actual
Est
EPS
$2.81+2.2%
$2.75
Rev
$4.1B-0.5%
$4.1B
Q3 2025
Jul 30, 2025Metric
Actual
Est
EPS
$2.58+0.8%
$2.56
Rev
$4.1B+0.7%
$4.0B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $2.66vs $2.57+3.5% | $4.0Bvs $4.0B+0.2% |
| Q1 2026 | Feb 3, 2026 | $2.72vs $2.69+1.1% | $4.1Bvs $4.1B+0.7% |
| Q4 2025 | Oct 24, 2025 | $2.81vs $2.75+2.2% | $4.1Bvs $4.1B-0.5% |
| Q3 2025 | Jul 30, 2025 | $2.58vs $2.56+0.8% | $4.1Bvs $4.0B+0.7% |
Based on last 12 quarters of dataView full earnings history →
Latest ITW News
Recent stock market news and headlines for Illinois Tool Works Inc. (ITW)
Business Wire·21h ago
Miller Pushes Existing Welder Capabilities With Free Product UpgradesAPPLETON, Wis.--(BUSINESS WIRE)--Miller Electric Mfg. LLC, a leading worldwide manufacturer of Miller® brand arc welding equipment, today announced a free product upgrade for the Millermatic® 211 PRO and Multimatic® 215 PRO. The upgrade adds new capabilities, including Dyna-Pulse™ technology never before available from Miller in this amp class, to machines already in welders' shops. The upgrade is delivered through a quick USB-enabled software download at no additional cost. The upgrade reflect.
Forbes·6 days ago
These 2 Growing Dividends Are On Sale This SummerSell in May? Ha! Try “buy in July.
GuruFocus·Jun 24, 2026
Is ITW Overvalued? DCF Says Worth $153On June 24, 2026, we delve into the DCF analysis for Illinois Tool Works Inc (ITW), a company that has shown a price performance of +6.9% year-to-date and +9.8%
Peers Comparison
Key metrics vs top competitors for Illinois Tool Works Inc. (ITW)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $271.09 | $78.13B | 25.84 | 0.92% | 19.11% | 93.72% | 2.25% | |
| $137.91 | $77.24B | 34.14 | 3% | 13.35% | 12.1% | — | |
| $395.68 | $153.64B | 37.83 | 10.33% | 13.99% | 20.76% | — | |
| $225.05 | $71.3B | 15.29 | 7.85% | 11.16% | 23.05% | — | |
| $468.90 | $52.68B | 61.13 | 0.97% | 12.36% | 29.58% | — | |
| $957.51 | $120.85B | 35.31 | -0.4% | 16.58% | 24.26% | — |
Compare ITW vs Peers
Illinois Tool Works Inc. (ITW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ITW SEC Filings & Documents
Illinois Tool Works Inc. (ITW) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Apr 30, 2026·SEC
Material company update
Feb 23, 2026·SEC
Material company update
Feb 3, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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ITW Frequently Asked Questions
Illinois Tool Works Inc. (ITW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Illinois Tool Works Inc.'s revenue?
Illinois Tool Works Inc. (ITW) reported $16.22B in revenue for fiscal year 2025. This represents a 225% increase from $5.00B in 1996.
How fast is Illinois Tool Works Inc. growing?
Illinois Tool Works Inc. (ITW) grew revenue by 0.9% over the past year. Growth has been modest.
Is ITW profitable?
Yes, Illinois Tool Works Inc. (ITW) is profitable, generating $3.13B in net income for fiscal year 2025 (19.1% net margin).
Dividend & Returns
Does ITW pay dividends?
Yes, Illinois Tool Works Inc. (ITW) pays a dividend with a yield of 2.25%. This makes it attractive for income-focused investors.
What is ITW's return on equity?
Illinois Tool Works Inc. (ITW) has a return on equity (ROE) of 93.7%. This is excellent, indicating efficient use of shareholder capital.
What is Illinois Tool Works Inc.'s free cash flow?
Illinois Tool Works Inc. (ITW) generated $2.21B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.