Illinois Tool Works Inc. logo

Illinois Tool Works Inc.

ITW

NYSEIndustrialsIndustrial - Machinery

Previous close

$282.29

−$0.45 · -0.16%

Aug 21, 4:00 PM ET

ITW company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

71

Undervalued

Momentum

46

Neutral

Sentiment

66

Bullish

Risk resilience

77

Moderate Risk

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Company profile

Company website

Illinois Tool Works Inc. is a global enterprise specializing in the production and distribution of a wide array of industrial goods and specialized equipment. The company operates through seven distinct divisions: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM division supplies plastic and metal components, various fastening solutions, and integrated assemblies for automobiles, light-duty trucks, and other industrial applications. Its Food Equipment segment delivers commercial kitchen appliances for washing, refrigeration, cooking, and food processing, alongside comprehensive kitchen exhaust, ventilation, and pollution control systems, and offers related maintenance and repair services. The Test & Measurement and Electronics unit manufactures and sells machinery, expendable supplies, and accompanying software designed for assessing materials and structural integrity, in addition to equipment and consumables critical for the creation of electronic subassemblies and microelectronic components. The Welding division focuses on arc welding apparatus, coupled with metal arc welding consumables and associated accessories. The Polymers & Fluids segment produces adhesives, sealing compounds, lubrication and cutting fluids, and various fluids and polymers intended for automotive aftermarket upkeep and cosmetic purposes. The Construction Products segment provides purpose-engineered fastening systems and comprehensive solutions for new housing, renovation projects, and commercial building industries. Lastly, the Specialty Products segment delivers machinery and supplies for beverage packaging, equipment and expendables for product identification and marking, and specialized components and fasteners for appliances. ITW's broad clientele encompasses sectors such as automotive original equipment manufacturers (OEMs) and their suppliers, the commercial food service industry, construction companies, general industrial enterprises, and the automotive aftermarket. The corporation distributes its offerings directly to industrial manufacturers and via an extensive network of independent distributors. Established in 1912, Illinois Tool Works Inc. is headquartered in Glenview, Illinois.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
US
CEO
Christopher A. O'Herlihy
Listed since
Mar 13, 1973
Employees
43,000

Market position

Day range

Current $282.29

52-week range

Current $282.29

Open
$284.11
Previous close
$282.74
Volume
629.19K
0.46× average
Average volume
1.37M
Average daily volume
Market cap
81.21B USD
Beta
1.01
Market reference 1
50-day average
$277.4
+1.76% above average
200-day average
$265.28
+6.41% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
80.11B USD
P/E (TTM)
25.55×
P/B (TTM)
27.94×
P/S (TTM)
4.93×
EV / EBITDA
17.23×
Earnings yield
4.26%
Free cash flow yield
3.76%
Dividend yield
2.28%

Profitability & efficiency

Gross margin
44.16%
Operating margin
26.50%
Net margin
19.39%
Return on equity
95.07%
Return on assets
18.99%
Return on invested capital
24.49%

Financial health

Debt / equity
3.35×
Current ratio
1.21×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends47%36%26%16%Gross margin, FY2021: 40.35%Gross margin, FY2022: 39.98%Gross margin, FY2023: 41.46%Gross margin, FY2024: 43.65%Gross margin, FY2025: 44.10%Operating margin, FY2021: 24.05%Operating margin, FY2022: 23.79%Operating margin, FY2023: 25.08%Operating margin, FY2024: 26.82%Operating margin, FY2025: 26.28%Net margin, FY2021: 18.64%Net margin, FY2022: 19.04%Net margin, FY2023: 18.36%Net margin, FY2024: 21.94%Net margin, FY2025: 19.11%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 40.35%. Gross margin FY2022 39.98%. Gross margin FY2023 41.46%. Gross margin FY2024 43.65%. Gross margin FY2025 44.10%. Operating margin FY2021 24.05%. Operating margin FY2022 23.79%. Operating margin FY2023 25.08%. Operating margin FY2024 26.82%. Operating margin FY2025 26.28%. Net margin FY2021 18.64%. Net margin FY2022 19.04%. Net margin FY2023 18.36%. Net margin FY2024 21.94%. Net margin FY2025 19.11%.

Income trends

Revenue

16.04B USD+0.92%

Operating income

4.22B USD-1.13%

Net income

3.07B USD-12.10%
Income trends across reported periods17.45B USD12.08B USD6.72B USD1.35B USDRevenue, FY2021: 14.46B USDRevenue, FY2022: 15.93B USDRevenue, FY2023: 16.11B USDRevenue, FY2024: 15.9B USDRevenue, FY2025: 16.04B USDOperating income, FY2021: 3.48B USDOperating income, FY2022: 3.79B USDOperating income, FY2023: 4.04B USDOperating income, FY2024: 4.26B USDOperating income, FY2025: 4.22B USDNet income, FY2021: 2.69B USDNet income, FY2022: 3.03B USDNet income, FY2023: 2.96B USDNet income, FY2024: 3.49B USDNet income, FY2025: 3.07B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 14.46B USD. Revenue FY2022 15.93B USD. Revenue FY2023 16.11B USD. Revenue FY2024 15.9B USD. Revenue FY2025 16.04B USD. Operating income FY2021 3.48B USD. Operating income FY2022 3.79B USD. Operating income FY2023 4.04B USD. Operating income FY2024 4.26B USD. Operating income FY2025 4.22B USD. Net income FY2021 2.69B USD. Net income FY2022 3.03B USD. Net income FY2023 2.96B USD. Net income FY2024 3.49B USD. Net income FY2025 3.07B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue16.04B USD15.9B USD16.11B USD15.93B USD14.46B USD
Cost of goods sold8.97B USD8.96B USD9.43B USD9.56B USD8.62B USD
Gross profit7.08B USD6.94B USD6.68B USD6.37B USD5.83B USD
Research and development292M USD284M USD269M USD239M USD
Selling, general, and administrative2.78B USD2.38B USD2.35B USD2.31B USD2.12B USD
Operating expenses2.86B USD2.68B USD2.64B USD2.58B USD2.36B USD
Interest income44M USD53M USD31M USD41M USD
Interest expense292M USD283M USD266M USD203M USD202M USD
Depreciation and amortization392M USD402M USD395M USD410M USD410M USD
Operating income4.22B USD4.26B USD4.04B USD3.79B USD3.48B USD
Net income3.07B USD3.49B USD2.96B USD3.03B USD2.69B USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

28 ratings
Strong buy00%
Buy621%
Hold1346%
Sell932%
Strong sell00%

ITW news

Corporate actions

Corporate action history

Stock split

Effective May 26, 2006

2:1

Stock split

Effective May 28, 1997

2:1

Stock split

Effective Jun 21, 1993

2:1

Stock split

Effective May 27, 1987

2:1

Stock split

Effective May 23, 1984

2:1

ITW peers

ETFs holding ITW

Funds reporting this stock among their holdings, ordered by reported position size.

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