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

283.28 2.13 −0.75%
Market cap
$81.1B
P/E
25.4×
Fwd P/E
24.3×
Dividend yield
2.30%
F-score
4/9
Altman Z
7.88
Beneish M
−2.43
Dividend safety
76/100

Illinois Tool Works Inc. (ITW) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Illinois Tool Works Inc. (ITW) trades at a price to free cash flow of 28.2×. Over the past ten years it has ranged from 14.2× (March 2020) to 39.8× (February 2023); the current reading is higher than 75% of that period. That is above the Specialty Industrial Machinery industry median of 23.8× and above the Industrials sector median of 19.6×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 26.4× 0.25%
FY2024 26.4× 3.72%
FY2023 25.4× (27.34%)
FY2022 35.0× 2.01%
FY2021 34.3× 36.91%
FY2020 25.0× 15.91%
FY2019 21.6× 25.84%
FY2018 17.2× (36.05%)
FY2017 26.8× 26.18%
FY2016 21.3× 27.56%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 25.4× (3.83%)
Jun 2026 26.4× (3.12%)
Mar 2026 27.3× 3.34%
Dec 2025 26.4× (0.82%)
43 more quarters

Against its own ten years

Low 14.2× High 39.8×
Ten-year median 25.4×
Current reading's percentile 75

Price to free cash flow against peers

Company Price to free cash flow
GEV GE Vernova Inc. compare 11.9×
CMI Cummins Inc. compare 17.8×
IR Ingersoll Rand Inc. compare 20.8×
EMR Emerson Electric Co. compare 25.8×
AME AMETEK, Inc. compare 26.5×
ROK Rockwell Automation, Inc. compare 28.1×
ITW Illinois Tool Works Inc. 28.2×
PH Parker-Hannifin Corporation compare 29.0×
ETN Eaton Corporation, PLC compare 32.8×
Specialty Industrial Machinery industry median 23.8×
Industrials sector median 19.6×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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