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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,126 | 3,281 | 3,539 | 2,348 | 2,557 | 2,807 | 2,995 | 2,811 | 2,402 | 2,302 |
| Depreciation and amortization | 317 | 301 | 282 | 276 | 277 | 273 | 267 | 272 | 256 | 246 |
| Capital expenditure | -419 | -437 | -455 | -412 | -296 | -236 | -326 | -364 | -297 | -273 |
| Investing cash flow | -521 | -144 | -403 | -110 | -984 | — | — | — | — | — |
| Financing cash flow | -2,744 | -3,189 | -2,782 | -3,000 | -2,564 | — | — | — | — | — |
| Dividends paid | -1,785 | -1,695 | -1,615 | -1,542 | -1,463 | -1,379 | -1,321 | -1,124 | -941 | -821 |
| Share repurchases | -1,500 | -1,500 | -1,500 | -1,750 | -1,000 | -706 | -1,500 | -2,000 | -1,000 | -2,000 |
| Debt issued | 508 | 1,918 | 1,425 | 1,389 | 210 | — | — | — | — | — |
| Debt repaid | 0.0 | -1,926 | -1,131 | -1,113 | -351 | — | — | — | — | — |
| Effect of exchange rates | 42.0 | -65.0 | 3.0 | -57.0 | -46.0 | — | — | — | — | — |
| Net change in cash | -97.0 | -117 | 357 | -819 | -1,037 | — | — | — | — | — |
| Free cash flow | 2,707 | 2,844 | 3,084 | 1,936 | 2,261 | — | — | — | — | — |
| Levered free cash flow | 2,167 | 2,698 | 2,757 | 1,798 | 1,787 | — | — | — | — | — |