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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 16,494 | 16,264 | 16,148 | 16,135 | 16,048 | 15,468 | 15,067 | 15,824 | 15,577 | 15,653 | 15,518 | 15,395 |
| Current assets | 6,600 | 6,335 | 6,200 | 6,320 | 6,234 | 6,037 | 5,856 | 6,304 | 6,256 | 6,371 | 6,235 | 6,288 |
| Cash and equivalents | 839 | 827 | 851 | 924 | 788 | 873 | 948 | 947 | 862 | 959 | 1,065 | 990 |
| Receivables | 3,564 | 3,380 | 3,404 | 3,255 | 3,320 | 3,153 | 3,096 | 3,226 | 3,250 | 3,238 | 3,251 | 3,163 |
| Inventory | 1,756 | 1,726 | 1,659 | 1,725 | 1,710 | 1,663 | 1,605 | 1,817 | 1,819 | 1,825 | 1,707 | 1,799 |
| Net property, plant and equipment | 2,235 | 2,230 | 2,524 | 2,203 | 2,177 | 2,085 | 2,302 | 2,071 | 2,011 | 1,973 | 2,224 | 1,904 |
| Goodwill | 5,074 | 5,083 | 5,098 | 5,028 | 5,038 | 4,903 | 4,839 | 4,980 | 4,910 | 4,904 | 4,909 | 4,828 |
| Other intangible assets | 558 | 574 | 591 | 540 | 558 | 572 | 592 | 617 | 641 | 653 | 657 | 682 |
| Current liabilities | 5,953 | 5,331 | 5,126 | 4,132 | 3,932 | 3,780 | 4,308 | 4,627 | 4,804 | 4,844 | 4,675 | 3,982 |
| Accounts payable | 636 | 609 | 522 | 608 | 613 | 594 | 519 | 556 | 576 | 597 | 581 | 580 |
| Long-term debt | 6,549 | 6,603 | 6,683 | 7,675 | 7,695 | 7,282 | 6,308 | 6,578 | 6,429 | 6,259 | 6,339 | 6,818 |
| Total debt | 9,694 | 9,148 | 9,211 | 8,942 | 8,937 | — | — | — | — | — | — | — |
| Total liabilities | 13,599 | 13,034 | 12,922 | 12,926 | 12,837 | 12,226 | 11,750 | 12,432 | 12,615 | 12,632 | 12,505 | 12,391 |
| Total equity (incl. minority) | 2,895 | 3,230 | 3,226 | 3,209 | 3,211 | 3,242 | 3,317 | 3,392 | 2,962 | 3,021 | 3,013 | 3,004 |
| Retained earnings | 30,812 | 30,454 | 30,150 | 29,825 | 29,471 | 29,154 | 28,893 | 28,583 | 27,866 | 27,523 | 27,122 | 26,823 |
| Minority interest | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |