ITW: Illinois Tool Works Inc. Financials
ITW Income Statement
Total revenue
Net income
Gross margin TTM
44.1%
Operating margin TTM
26.28%
Net profit margin TTM
19.11%
Return on investment TTM
—
| Period end | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Total revenue | 16,044,000,000 | 15,898,000,000 | 16,107,000,000 | 15,932,000,000 |
| Operating income | 4,216,000,000 | 4,264,000,000 | 4,040,000,000 | 3,790,000,000 |
| Net income | 3,066,000,000 | 3,488,000,000 | 2,957,000,000 | 3,034,000,000 |
All line items
| Line item | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Total revenue | 16,044,000,000 | 15,898,000,000 | 16,107,000,000 | 15,932,000,000 |
| Cost of revenue | 8,969,000,000 | 8,959,000,000 | 9,429,000,000 | 9,563,000,000 |
| Gross profit | 7,075,000,000 | 6,939,000,000 | 6,678,000,000 | 6,369,000,000 |
| Research and development expenses | 0 | 292,000,000 | 284,000,000 | 269,000,000 |
| General and administrative expenses | 0 | 0 | 0 | 0 |
| Selling and marketing expenses | 0 | 0 | 0 | 0 |
| Selling, general and administrative expenses | 2,779,000,000 | 2,383,000,000 | 2,354,000,000 | 2,310,000,000 |
| Other expenses | 80,000,000 | 0 | 0 | 0 |
| Operating expenses | 2,859,000,000 | 2,675,000,000 | 2,638,000,000 | 2,579,000,000 |
| Cost and expenses | 11,828,000,000 | 11,634,000,000 | 12,067,000,000 | 12,142,000,000 |
| Net interest income | -292,000,000 | -239,000,000 | -213,000,000 | -172,000,000 |
| Interest income | 0 | 44,000,000 | 53,000,000 | 31,000,000 |
| Interest expense | 292,000,000 | 283,000,000 | 266,000,000 | 203,000,000 |
| Depreciation and amortization | 391,999,902 | 402,000,000 | 395,000,000 | 410,000,000 |
| EBITDA | 4,649,999,902 | 5,107,000,000 | 4,484,000,000 | 4,455,000,000 |
| EBIT | 4,258,000,000 | 4,705,000,000 | 4,089,000,000 | 4,045,000,000 |
| Non-operating income (excl. interest) | -42,000,000 | -441,000,000 | -49,000,000 | -255,000,000 |
| Operating income | 4,216,000,000 | 4,264,000,000 | 4,040,000,000 | 3,790,000,000 |
| Total other income/expenses (net) | -250,000,000 | 158,000,000 | -217,000,000 | 52,000,000 |
| Income before tax | 3,966,000,000 | 4,422,000,000 | 3,823,000,000 | 3,842,000,000 |
| Income tax expense | 900,000,000 | 934,000,000 | 866,000,000 | 808,000,000 |
| Net income from continuing operations | 3,066,000,000 | 3,488,000,000 | 2,957,000,000 | 3,034,000,000 |
| Net income from discontinued operations | 0 | 0 | 0 | 0 |
| Other adjustments to net income | 0 | 0 | 0 | 0 |
| Net income | 3,066,000,000 | 3,488,000,000 | 2,957,000,000 | 3,034,000,000 |
| Net income deductions | 0 | 0 | 0 | 0 |
| Bottom line net income | 3,066,000,000 | 3,488,000,000 | 2,957,000,000 | 3,034,000,000 |
| EPS | 11 | 12 | 10 | 10 |
| Diluted EPS | 10 | 12 | 10 | 10 |
| Weighted average shares outstanding | 292,278,360 | 296,800,000 | 302,600,000 | 309,600,000 |
| Weighted average diluted shares outstanding | 292,300,000 | 297,800,000 | 303,600,000 | 310,700,000 |