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Illinois Tool Works vs Twin Disc: revenue, profit, margins and growth compared

Illinois Tool Works brought in $16B of revenue in fiscal 2025, Twin Disc $381.3M in fiscal 2026. Revenue changed by +0.9% at Illinois Tool Works and +11.9% at Twin Disc on the year before, so Twin Disc grew faster. Illinois Tool Works kept 19.1% of its revenue as net profit, Twin Disc 7.1%. Free cash flow was $2.7B at Illinois Tool Works and $9.2M at Twin Disc.

Side by side, latest fiscal year

ITWTWIN
Fiscal year endedFY2025 (December 31, 2025)FY2026 (June 30, 2026)
Revenue$16B$381.3M
Revenue growth+0.9%+11.9%
Net income$3.1B$27.1M
Net margin19.1%7.1%
Free cash flow$2.7B$9.2M
Free cash flow margin16.9%2.4%
Earnings per share (diluted)$10.49$1.86
Cash$851M$16M
Debt$7.7B$29.8M
Price to earnings26.114.1
Market value$78.1B$376.9M
Dividend yield2.27%0.61%
Rank by revenue in sector#39 of 451 · Industrials#341 of 451 · Industrials

Over the years

Revenue
ITW FY2018: $14.8BITW FY2019: $14.1BITW FY2020: $12.6BITW FY2021: $14.5BITW FY2022: $15.9BITW FY2023: $16.1BITW FY2024: $15.9BITW FY2025: $16BTWIN FY2019: $302.7MTWIN FY2020: $246.8MTWIN FY2021: $218.6MTWIN FY2022: $242.9MTWIN FY2023: $277MTWIN FY2024: $295.1MTWIN FY2025: $340.7MTWIN FY2026: $381.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
ITW $16BTWIN $381.3M
Net income
ITW FY2018: $2.6BITW FY2019: $2.5BITW FY2020: $2.1BITW FY2021: $2.7BITW FY2022: $3BITW FY2023: $3BITW FY2024: $3.5BITW FY2025: $3.1BTWIN FY2019: $10.7MTWIN FY2020: -$39.8MTWIN FY2021: -$29.7MTWIN FY2022: $10.5MTWIN FY2023: $10.4MTWIN FY2024: $11MTWIN FY2025: -$697KTWIN FY2026: $27.1MFY18FY19FY20FY21FY22FY23FY24FY25FY26
ITW $3.1BTWIN $27.1M
Net margin
ITW FY2018: 17.4%ITW FY2019: 17.9%ITW FY2020: 16.8%ITW FY2021: 18.6%ITW FY2022: 19.0%ITW FY2023: 18.4%ITW FY2024: 21.9%ITW FY2025: 19.1%TWIN FY2019: 3.5%TWIN FY2020: -16.1%TWIN FY2021: -13.6%TWIN FY2022: 4.3%TWIN FY2023: 3.7%TWIN FY2024: 3.7%TWIN FY2025: -0.2%TWIN FY2026: 7.1%FY18FY19FY20FY21FY22FY23FY24FY25FY26
ITW 19.1%TWIN 7.1%
Revenue growth
ITW FY2019: -4.5%ITW FY2020: -10.9%ITW FY2021: +15.0%ITW FY2022: +10.2%ITW FY2023: +1.1%ITW FY2024: -1.3%ITW FY2025: +0.9%TWIN FY2020: -18.4%TWIN FY2021: -11.4%TWIN FY2022: +11.1%TWIN FY2023: +14.0%TWIN FY2024: +6.6%TWIN FY2025: +15.5%TWIN FY2026: +11.9%FY19FY20FY21FY22FY23FY24FY25FY26
ITW +0.9%TWIN +11.9%
Free cash flow
ITW FY2018: $2.4BITW FY2019: $2.7BITW FY2020: $2.6BITW FY2021: $2.3BITW FY2022: $1.9BITW FY2023: $3.1BITW FY2024: $2.8BITW FY2025: $2.7BTWIN FY2019: -$17.4MTWIN FY2020: -$1.6MTWIN FY2021: $2.1MTWIN FY2022: -$13MTWIN FY2023: $15MTWIN FY2024: $25MTWIN FY2025: $8.8MTWIN FY2026: $9.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
ITW $2.7BTWIN $9.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Illinois Tool Works and Twin Disc

Which is bigger by revenue, Illinois Tool Works or Twin Disc?

Illinois Tool Works is bigger by revenue: $16B in fiscal 2025, against $381.3M for Twin Disc in fiscal 2026.

Which keeps more of its revenue as profit, Illinois Tool Works or Twin Disc?

Illinois Tool Works had a net margin of 19.1% in fiscal 2025; Twin Disc had 7.1% in fiscal 2026.

Which grew revenue faster, Illinois Tool Works or Twin Disc?

In their latest fiscal years revenue changed by +0.9% at Illinois Tool Works and +11.9% at Twin Disc.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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