Illinois Tool Works Inc. (ITW) Financial Statements
Historical financial data — 41 statements covering FY2016–FY2025
Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments,...
Illinois Tool Works Inc.'s revenue increased 0.9% year over year, from $15.90B to $16.04B.
Net income decreased 12.1% over the same period, from $3.49B to $3.07B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 18% in total.
Total debt increased by 14.1% to $8.97B.
The debt-to-equity ratio stands at 2.78, indicating a high leverage profile.
Operating cash flow declined 4.7% to $3.13B.
Illinois Tool Works Inc. maintains a healthy net profit margin of 19.1%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $3.97B-1.5% | $1.16B | $1.74B | $1.05B | $891.0M | $15.82B | $8.35B | $3.39B |
| Q4 FY2024 | $3.93B-0.9% | $750.0M | $1.71B | $1.03B | $1.11B | $15.07B | $7.86B | $3.32B |
| Q1 FY2025 | $3.84B-2.4% | $700.0M | $1.68B | $951.0M | $592.0M | $15.47B | $8.26B | $3.24B |
| Q2 FY2025 | $4.05B+5.6% | $755.0M | $1.78B | $1.07B | $550.0M | $16.05B | $8.94B | $3.21B |
| Q3 FY2025 | $4.06B+0.1% | $821.0M | $1.81B | $1.11B | $1.02B | $16.14B | $8.94B | $3.21B |
| Q4 FY2025 | $4.09B+0.8% | $790.0M | $1.81B | $1.08B | $963.0M | $16.15B | $8.97B | $3.23B |
| Q1 FY2026 | $4.02B-1.9% | $768.0M | $1.76B | $1.02B | $623.0M | $16.26B | $9.15B | $3.23B |
| Q2 FY2026 | $4.30B+7.1% | $815.0M | $1.90B | $1.15B | $723.0M | $16.49B | $9.69B | $2.90B |
Balance Sheet Summary (Q2 FY2026)
Illinois Tool Works Inc. (ITW) Financial Statements & Revenue History
Illinois Tool Works Inc. (ITW) is a US-listed stock operating in the Industrials sector, specifically the General Industrial Machinery & Equipment industry trading at $272.28 with a market capitalization of $78. This page provides 41 historical financial statements for Illinois Tool Works Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Illinois Tool Works Inc. reported revenue of $16.0 billion, representing 0.9% year-over-year growth. The net profit margin of 19.1% reflects strong profitability. The debt-to-equity ratio of 2.78 signals high leverage.
ITW Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Illinois Tool Works Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether ITW is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track ITW's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Illinois Tool Works Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of ITW's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use ITW Financial Data
Investors use Illinois Tool Works Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare ITW's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how ITW's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View ITW's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Illinois Tool Works Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.ITW trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.