Stocks Industrials ITW
NYSE · IndustrialsIllinois Tool Works Inc (ITW)
Illinois Tool Works Inc brought in $16.5B of revenue over the twelve months to June 30, 2026, up 4.3% from a year earlier. Net income was $3.2B, a net margin of 19.4%. Operating cash flow minus capital spending left $2.7B of free cash flow in fiscal 2025. At June 30, 2026 it held $839M in cash against $6.5B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 6, 2026.
Key facts about Illinois Tool Works Inc
- Net worth
- Illinois Tool Works Inc has a market value (market cap) of $75.2B at the latest share price, and shareholders' equity of $2.9B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $16B (+0.9% year on year), with net income of $3.1B. Over the 12 months to June 30, 2026: revenue $16.5B, net income $3.2B.
- Cash flow
- In fiscal 2025 operations brought in $3.1B of cash; after $419M of capital spending, free cash flow was $2.7B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 6, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Illinois Tool Works Inc's next report is expected around October 23, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Illinois Tool Works Inc declared dividends of $6.22 per share in fiscal 2025, a yield of 2.35% at the current price.
What Illinois Tool Works Inc does
Illinois Tool Works manufactures specialized industrial equipment, consumables, and components. Its business segments produce automotive fasteners and fluids, commercial food equipment, construction fasteners, welding gear, and test equipment sold to industrial manufacturers, builders, and service companies. Its shares trade on NYSE under the ticker ITW.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $16B | $3.1B | $10.49 | $2.7B |
| 2024 | $15.9B | $3.5B | $11.71 | $2.8B |
| 2023 | $16.1B | $3B | $9.74 | $3.1B |
| 2022 | $15.9B | $3B | $9.77 | $1.9B |
| 2021 | $14.5B | $2.7B | $8.51 | $2.3B |
| 2020 | $12.6B | $2.1B | $6.63 | $2.6B |
Full financial statements: income, balance sheet and cash flow
Where ITW ranks in Industrials
Dividends
Illinois Tool Works Inc declared $6.22 per share in fiscal 2025. At the current price that is a yield of 2.35%. It paid out $1.8B in cash dividends, 58% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $6.22 | $1.8B | 58% |
| 2024 | $5.80 | $1.7B | 49% |
| 2023 | $5.42 | $1.6B | 55% |
| 2022 | $5.06 | $1.5B | 51% |
| 2021 | $4.72 | $1.5B | 54% |
| 2020 | $4.42 | $1.4B | 65% |
Latest SEC filings
What Illinois Tool Works Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 13, 2026Other event 8-K
- August 12, 2026
- August 11, 2026
- August 11, 2026
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 6.1% to $4.3B versus the same quarter last year; diluted EPS $2.84 versus $2.58.
- July 28, 2026
- July 9, 2026
- June 11, 2026
- June 11, 2026
- June 1, 2026
What is ITW worth? A DCF from its reported cash flow
Insider trades
What the people running Illinois Tool Works Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $12M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 19, 2026 | Santi Ernest ScottDirector | Exercised options | 41,431 | $7.8M |
| August 19, 2026 | Santi Ernest ScottDirector | Sold | 22,471 | $6.4M |
| August 19, 2026 | Santi Ernest ScottDirector | Sold | 8,142 | $2.3M |
| August 19, 2026 | Santi Ernest ScottDirector | Sold | 8,928 | $2.6M |
| August 19, 2026 | Santi Ernest ScottDirector | Sold | 1,890 | $546.6K |
| August 13, 2026 | Pigozzo Matteo C.VP & Chief Accounting Officer | Sold | 277 | $80.1K |
| August 7, 2026 | Crown SusanDirector | Received as pay | 58 | $17.2K |
| August 7, 2026 | Santi Ernest ScottDirector | Received as pay | 118 | $35K |
Who owns ITW
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Briar Hall Management LLC13G, passive | 8.91% | February 13, 2026 |
| Vanguard Capital Management13G, passive | 7% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,963 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Briar Hall Management LLC | 25,811,219 | -24,324 |
| BlackRock, Inc. | 23,279,289 | -94,405 |
| State Farm Mutual Automobile Insurance Co | 21,029,900 | 0 |
| Vanguard Capital Management LLC | 17,483,266 | +56,046 |
| State Street Corp | 12,788,570 | +128,089 |
| Northern Trust Corp | 11,061,411 | -140,168 |
| Geode Capital Management, LLC | 7,084,318 | +25,030 |
| Vanguard Portfolio Management LLC | 6,943,927 | +148,205 |
| Morgan Stanley | 4,899,971 | -504,270 |
| Capital Research Global Investors | 4,879,245 | +120,954 |
| Wells Fargo & Company | 4,367,704 | -266,148 |
| Goldman Sachs Group Inc | 3,998,938 | +360,855 |
| Fisher Asset Management, LLC | 3,829,798 | +58,322 |
| Ameriprise Financial Inc | 3,606,085 | +1,060,538 |
| Norges Bank | 3,220,679 | new |
| Massachusetts Financial Services Co | 2,578,238 | -731,762 |
| Bank of America Corp | 2,373,661 | -631,998 |
| Invesco Ltd. | 2,268,064 | +93,584 |
| Bank of New York Mellon Corp | 2,230,067 | -65,667 |
| Dimensional Fund Advisors LP | 2,228,668 | +183,659 |
Insiders
25 insiders reported holding 711,963 shares in total, about $188.1M at the last price.
| Holder | Shares |
|---|---|
| Santi Ernest ScottDirector | 266,288 |
| O'Herlihy Christopher APresident & CEO, Director | 59,527 |
| Crown SusanDirector | 59,219 |
| Larsen Michael MSVP & CFO | 54,578 |
| Smith David Byron JrDirector | 43,07112,699 held indirectly |
| Strobel Pamela BDirector | 39,374 |
| Lawler Mary KatherineSVP & Chief HR Officer | 30,307 |
| Henderson Jay LDirector | 25,088 |
| Griffith James WDirector | 24,127 |
| Brutto Daniel JDirector | 23,951 |
Questions about ITW
What does Illinois Tool Works Inc do?
Illinois Tool Works manufactures specialized industrial equipment, consumables, and components. Its business segments produce automotive fasteners and fluids, commercial food equipment, construction fasteners, welding gear, and test equipment sold to industrial manufacturers, builders, and service companies. Its shares trade on NYSE under the ticker ITW.
What is Illinois Tool Works Inc's net worth?
Illinois Tool Works Inc has a market value (market cap) of $75.2B at the latest share price, and shareholders' equity of $2.9B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Illinois Tool Works Inc profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $3.2B on revenue of $16.5B, a net margin of 19.4%.
How much revenue does Illinois Tool Works Inc make?
Over the twelve months to June 30, 2026 Illinois Tool Works Inc reported revenue of $16.5B. That is 4.3% more than a year earlier.
When did Illinois Tool Works Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 6, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from August 21, 2026.
When is Illinois Tool Works Inc's next earnings report?
Illinois Tool Works Inc's next report is expected around October 23, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Illinois Tool Works Inc pay a dividend?
Yes. Illinois Tool Works Inc declared dividends of $6.22 per share in fiscal 2025, a yield of 2.35% at the current price.
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Follow ITW: get an email when it filesWhere the numbers come from
Financial figures are the values Illinois Tool Works Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.