Illinois Tool Works Inc. (ITW) Financial Statements
Historical financial data — 39 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
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2023 | $12.12B+49.8% | $2.24B | $5.12B | $3.05B | $2.50B | $15.39B | $8.07B | $3.00B |
| Q1 FY2024 | $3.97B-67.2% | $819.0M | $1.83B | $1.13B | $589.0M | $15.65B | $8.32B | $3.02B |
| Q2 FY2024 | $8.00B+101.4% | $1.58B | $3.59B | $2.18B | $1.28B | $15.58B | $8.47B | $2.96B |
| Q3 FY2024 | $11.97B+49.6% | $2.74B | $5.33B | $3.23B | $2.17B | $15.82B | $8.35B | $3.39B |
| Q1 FY2025 | $3.84B-67.9% | $700.0M | $1.68B | $951.0M | $592.0M | $15.47B | $8.26B | $3.24B |
| Q2 FY2025 | $7.89B+105.6% | $1.46B | $3.46B | $2.02B | $1.14B | $16.05B | $8.94B | $3.21B |
| Q3 FY2025 | $11.95B+51.4% | $2.28B | $5.27B | $3.13B | $2.16B | $16.14B | $8.94B | $3.21B |
| Q1 FY2026 | $4.02B-66.4% | $768.0M | $1.76B | $1.02B | $623.0M | $16.26B | $9.15B | $3.23B |
Balance Sheet Summary (Latest Period)
Total Assets
$16.15B
Total Liabilities
$12.92B
Total Equity
$3.23B
Cash & Equivalents
$851.0M
Total Debt
$8.97B
Current Assets
$6.20B
Current Liabilities
$5.13B
Retained Earnings
$30.15B