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 revenue | 4,301 | 4,016 | 4,093 | 4,059 | 4,053 | 3,839 | 3,932 | 3,966 | 4,027 | 3,973 | 3,983 | 4,031 |
| Cost of revenue | 2,403 | 2,256 | 2,284 | 2,253 | 2,271 | 2,161 | 2,221 | 2,230 | 2,262 | 2,145 | 2,312 | 2,319 |
| Gross profit | 1,898 | 1,760 | 1,809 | 1,806 | 1,782 | 1,678 | 1,711 | 1,736 | 1,765 | 1,828 | 1,671 | 1,712 |
| Selling, general and administrative | 725 | 711 | 694 | 665 | 683 | 695 | 652 | 649 | 678 | 668 | 651 | 606 |
| Operating income | 1,157 | 1,031 | 1,095 | 1,123 | 1,078 | 962 | 1,034 | 1,061 | 1,062 | 1,135 | 995 | 1,079 |
| EBIT | 1,157 | 1,031 | 1,095 | 1,123 | 1,078 | 962 | 1,034 | 1,061 | 1,062 | 1,135 | 995 | 1,079 |
| EBITDA | 1,255 | 1,130 | 1,198 | 1,223 | 1,177 | 1,057 | 1,136 | 1,165 | 1,161 | 1,232 | 1,094 | 1,176 |
| Interest expense | 79.0 | 73.0 | 75.0 | 75.0 | 74.0 | 68.0 | 68.0 | 69.0 | 75.0 | 71.0 | 70.0 | 67.0 |
| Pre-tax income | 1,080 | 967 | 1,024 | 1,049 | 998 | 895 | 983 | 1,362 | 1,005 | 1,072 | 927 | 1,013 |
| Income tax | 265 | 199 | 234 | 228 | 243 | 195 | 233 | 202 | 246 | 253 | 210 | 241 |
| Net income | 815 | 768 | 790 | 821 | 755 | 700 | 750 | 1,160 | 759 | 819 | 717 | 772 |
| Net income to common shareholders | 815 | 768 | 790 | 821 | 755 | 700 | 750 | 1,160 | 759 | 819 | 717 | 772 |
| Basic EPS | 2.85 | 2.66 | 2.73 | 2.82 | 2.58 | 2.38 | 2.54 | 3.92 | 2.55 | 2.74 | 2.39 | 2.56 |
| Diluted EPS | 2.84 | 2.66 | 2.72 | 2.81 | 2.58 | 2.38 | 2.54 | 3.91 | 2.54 | 2.73 | 2.38 | 2.55 |
| Average shares (basic) | 286 | 288 | 290 | 291 | 292 | 294 | 295 | 296 | 298 | 299 | 300 | 302 |
| Average shares (diluted) | 287 | 289 | 290 | 292 | 293 | 295 | 296 | 297 | 299 | 300 | 301 | 303 |
| Dividend per share | 1.61 | 1.61 | 1.61 | 1.61 | 1.50 | 1.50 | 1.50 | 1.50 | 1.40 | 1.40 | 1.40 | 1.40 |