Illinois Tool Works revenue and financials
$267.14Change from previous close: +1.12%Absolute change: +$2.95
In the fiscal year ended December 2025, Illinois Tool Works reported revenue of $16.04B (+0.92% year over year). Net income was $3.07B, a net margin of 19.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +0.92%
- 2025 vs 2024
- Net income growth
- −12.10%
- 2025 vs 2024
- Net margin
- 19.1%
- 2024: 21.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 16,148 | 15,067 | 15,518 | 15,422 | 16,077 | 15,612 | 15,068 | 14,870 | 16,780 | 15,201 |
| Current assets | 6,200 | 5,856 | 6,235 | 6,270 | 6,374 | 6,523 | 6,253 | 5,778 | 7,278 | 6,123 |
| Cash and equivalents | 851 | 948 | 1,065 | 708 | 1,527 | 2,564 | 1,981 | 1,504 | 3,094 | 2,472 |
| Receivables | 3,404 | 3,096 | 3,251 | 3,273 | 2,942 | — | — | — | — | — |
| Inventory | 1,659 | 1,605 | 1,707 | 2,054 | 1,694 | — | — | — | — | — |
| Net property, plant and equipment | 2,524 | 2,302 | 2,224 | 2,060 | 2,031 | — | — | — | — | — |
| Goodwill | 5,098 | 4,839 | 4,909 | 4,864 | 4,965 | 4,690 | 4,492 | 4,633 | 4,752 | 4,558 |
| Other intangible assets | 591 | 592 | 657 | 768 | 972 | — | — | — | — | — |
| Current liabilities | 5,126 | 4,308 | 4,675 | 4,460 | 3,470 | 2,589 | 2,154 | 3,542 | 3,053 | 2,760 |
| Accounts payable | 522 | 519 | 581 | 594 | 585 | — | — | — | — | — |
| Long-term debt | 7,682 | 7,085 | 7,700 | 6,708 | 7,477 | 8,122 | 7,758 | 7,379 | 7,479 | 7,827 |
| Total debt | 9,211 | 8,078 | 8,370 | 7,949 | — | — | — | — | — | — |
| Total liabilities | 12,922 | 11,750 | 12,505 | 12,333 | 12,451 | — | — | — | — | — |
| Total equity (incl. minority) | 3,226 | 3,317 | 3,013 | 3,089 | 3,626 | — | — | — | — | — |
| Retained earnings | 30,150 | 28,893 | 27,122 | 25,799 | 24,325 | — | — | — | — | — |
| Minority interest | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | — | — | — | — | — |