stockrowIllinois Tool Works Inc.
ITW Industrials Specialty Industrial Machinery
Illinois Tool Works Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.0 billion, up 0.92% from fiscal 2024.
- Revenue
- +4.36%
- EPS
- +6.53%
- Free cash flow
- −5.57%
- Total debt
- +4.81%
Quarter to September 2026, against a year earlier
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Illinois Tool Works Inc. (ITW) Gross margin
Illinois Tool Works Inc.'s gross margin over the twelve months to 30 September 2026 was 44.3%, up 0.2 percentage points from fiscal 2025 (44.1%). Over the past ten years it has ranged from 40.8% (fiscal 2022) to 44.3% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Specialty Industrial Machinery industry median of 35.5% and above the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 44.1% | (0.18) |
| FY2024 | 44.3% | 2.12 |
| FY2023 | 42.2% | 1.34 |
| FY2022 | 40.8% | (0.45) |
| FY2021 | 41.3% | (0.08) |
| FY2020 | 41.4% | (0.62) |
| FY2019 | 42.0% | 0.23 |
| FY2018 | 41.7% | (0.23) |
| FY2017 | 42.0% | 0.12 |
| FY2016 | 41.9% | 0.69 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 45.1% | 0.96 |
| Jun 2026 | 44.1% | 0.31 |
| Mar 2026 | 43.8% | (0.38) |
| Dec 2025 | 44.2% | (0.29) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| EMR Emerson Electric Co. compare | 53.4% |
| ROK Rockwell Automation, Inc. compare | 49.1% |
| ITW Illinois Tool Works Inc. | 44.3% |
| IR Ingersoll Rand Inc. compare | 43.1% |
| PH Parker-Hannifin Corporation compare | 37.7% |
| AME AMETEK, Inc. compare | 36.4% |
| ETN Eaton Corporation, PLC compare | 35.1% |
| CMI Cummins Inc. compare | 25.9% |
| GEV GE Vernova Inc. compare | 21.7% |
| Specialty Industrial Machinery industry median | 35.5% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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- The full statement