ITW Stock - Illinois Tool Works Inc.
Unlock GoAI Insights for ITW
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $15.90B | $16.11B | $15.93B | $14.46B | $12.57B |
| Gross Profit | $6.94B | $6.68B | $6.37B | $5.83B | $5.04B |
| Gross Margin | 43.6% | 41.5% | 40.0% | 40.4% | 40.1% |
| Operating Income | $4.26B | $4.04B | $3.79B | $3.48B | $2.88B |
| Net Income | $3.49B | $2.96B | $3.03B | $2.69B | $2.11B |
| Net Margin | 21.9% | 18.4% | 19.0% | 18.6% | 16.8% |
| EPS | $11.75 | $9.77 | $9.80 | $8.55 | $6.66 |
Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment offers beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM/tiers, commercial food equipment, construction, general industrial, and automotive aftermarket end markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 16th 2025 | Goldman | Downgrade | Sell | $230 |
| November 18th 2025 | BofA Securities | Upgrade | Neutral | $255 |
| August 14th 2025 | Barclays | Downgrade | Underweight | $243 |
| July 31st 2025 | Truist | Downgrade | Hold | $283 |
| May 7th 2025 | BofA Securities | Downgrade | Underperform | $220 |
| February 19th 2025 | Deutsche Bank | Upgrade | Hold | $257 |
| December 5th 2024 | Barclays | Upgrade | Equal Weight | $270← $230 |
| November 13th 2024 | Evercore ISI | Downgrade | Underperform | $255← $246 |
| March 14th 2024 | Truist | Initiation | Buy | $301 |
| February 6th 2024 | Wells Fargo | Downgrade | Underweight | $240← $277 |
| January 10th 2024 | BofA Securities | Downgrade | Underperform | $235← $260 |
| January 3rd 2023 | Vertical Research | Downgrade | Hold | $220← $240 |
| August 24th 2022 | BofA Securities | Resumed | Neutral | $220 |
| August 15th 2022 | Deutsche Bank | Downgrade | Sell | $188 |
| July 8th 2022 | UBS | Downgrade | Neutral | $185← $243 |
Earnings History & Surprises
ITWEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Feb 4, 2026 | $2.68 | — | — | — |
Q4 2025 | Oct 24, 2025 | $2.75 | $2.81 | +2.2% | ✓ BEAT |
Q3 2025 | Jul 30, 2025 | $2.56 | $2.58 | +0.8% | ✓ BEAT |
Q2 2025 | Apr 30, 2025 | $2.34 | $2.38 | +1.7% | ✓ BEAT |
Q1 2025 | Feb 5, 2025 | $2.49 | $2.54 | +2.0% | ✓ BEAT |
Q4 2024 | Oct 30, 2024 | $2.52 | $2.65 | +5.2% | ✓ BEAT |
Q3 2024 | Jul 30, 2024 | $2.48 | $2.54 | +2.4% | ✓ BEAT |
Q2 2024 | Apr 30, 2024 | $2.36 | $2.44 | +3.4% | ✓ BEAT |
Q1 2024 | Feb 1, 2024 | $2.41 | $2.42 | +0.4% | ✓ BEAT |
Q4 2023 | Oct 24, 2023 | $2.46 | $2.55 | +3.7% | ✓ BEAT |
Q3 2023 | Aug 1, 2023 | $2.39 | $2.48 | +3.8% | ✓ BEAT |
Q2 2023 | May 2, 2023 | $2.23 | $2.33 | +4.5% | ✓ BEAT |
Q1 2023 | Feb 2, 2023 | $2.58 | $2.95 | +14.3% | ✓ BEAT |
Q4 2022 | Oct 25, 2022 | $2.25 | $2.35 | +4.4% | ✓ BEAT |
Q3 2022 | Aug 2, 2022 | $2.20 | $2.37 | +7.7% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $2.07 | $2.11 | +1.9% | ✓ BEAT |
Q1 2022 | Feb 3, 2022 | $1.90 | $1.95 | +2.6% | ✓ BEAT |
Q4 2021 | Oct 28, 2021 | $2.01 | $1.96 | -2.5% | ✗ MISS |
Q3 2021 | Jul 30, 2021 | $2.09 | $2.10 | +0.5% | ✓ BEAT |
Latest News
Illinois Tool Works shares are trading lower after Goldman Sachs downgraded the stock from Neutral to Sell and lowered its price target from $258 to $230.
📉 NegativeGoldman Sachs Downgrades Illinois Tool Works to Sell, Lowers Price Target to $230
📉 NegativeShares of companies in the broader machinery sector are trading higher. Stocks across sectors are rising after NY Fed President Williams indicated he sees room for a further policy adjustment in the near term.
📈 PositiveB of A Securities Upgrades Illinois Tool Works to Neutral, Raises Price Target to $255
📈 PositiveBarclays Maintains Underweight on Illinois Tool Works, Raises Price Target to $244
➖ NeutralTruist Securities Maintains Hold on Illinois Tool Works, Lowers Price Target to $275
➖ NeutralWells Fargo Maintains Underweight on Illinois Tool Works, Lowers Price Target to $245
📉 NegativeIllinois Tool Works shares are trading lower after the company narrowed its FY 2025 guidance.
📉 NegativeIllinois Tool Works Sees FY25 Sales $16.057B-$16.375B vs $16.076B Est
➖ NeutralIllinois Tool Works Narrows FY2025 GAAP EPS Guidance from $10.35-$10.55 to $10.40-$10.50 vs $10.40 Est
➖ NeutralIllinois Tool Works Q3 EPS $2.81 Beats $2.71 Estimate, Sales $4.059B Miss $4.084B Estimate
➖ NeutralTruist Securities Maintains Hold on Illinois Tool Works, Raises Price Target to $298
➖ NeutralLive On CNBC, Josh Brown Hosts Segment Titled "Best Stocks In The Market: Illinois Tool Works"
📈 PositiveFrequently Asked Questions about ITW
What is ITW's current stock price?
What is the analyst price target for ITW?
What sector is Illinois Tool Works Inc. in?
What is ITW's market cap?
Does ITW pay dividends?
Similar Stocks
Industrials SectorExplore stocks similar to ITW for comparison