Illinois 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) Operating margin
Illinois Tool Works Inc.'s operating margin over the twelve months to 30 September 2026 was 26.6%, up 0.3 percentage points from fiscal 2025 (26.3%). Over the past ten years it has ranged from 21.4% (fiscal 2015) to 26.8% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Specialty Industrial Machinery industry median of 10.0% and above the Industrials sector median of 5.21%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 26.3% | (0.54) |
| FY2024 | 26.8% | 1.74 |
| FY2023 | 25.1% | 1.29 |
| FY2022 | 23.8% | (0.26) |
| FY2021 | 24.1% | 1.13 |
| FY2020 | 22.9% | (1.19) |
| FY2019 | 24.1% | (0.16) |
| FY2018 | 24.3% | (0.08) |
| FY2017 | 24.4% | 1.88 |
| FY2016 | 22.5% | 1.08 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 27.8% | 1.12 |
| Jun 2026 | 26.7% | 1.27 |
| Mar 2026 | 25.4% | (1.11) |
| Dec 2025 | 26.5% | (0.89) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| ITW Illinois Tool Works Inc. | 26.6% |
| AME AMETEK, Inc. compare | 26.1% |
| EMR Emerson Electric Co. compare | 25.5% |
| IR Ingersoll Rand Inc. compare | 22.9% |
| ETN Eaton Corporation, PLC compare | 17.3% |
| ROK Rockwell Automation, Inc. compare | 16.2% |
| CMI Cummins Inc. compare | 12.5% |
| GEV GE Vernova Inc. compare | 6.42% |
| PH Parker-Hannifin Corporation compare | 0.00% |
| Specialty Industrial Machinery industry median | 10.0% |
| Industrials sector median | 5.21% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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
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- Piotroski F-score
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