ILLINOIS TOOL WORKS INC
ITWIndustrials & materialsitw.com
Latest available resultsSeptember 30, 2026Quarter · 10-Q filed Oct 28, 2026
Next reportFebruary 1, 2027after close · forecast 3.016 $/share
Revenue
$4.24B
▲ +4.4% vs prior year YoY
Net income
$855.00M
▲ +4.1% vs prior year YoY
EPS
3.00$
▲ +6.8% vs prior year YoY
Net margin
20.2%
▼ -0.0 pp vs prior year YoY
Revenue▲ +4.4%
Margins (% of revenue)GrossOperatingNet
Net income▲ +4.1%
EPS▲ +6.8%
Financial statements
View 10-Q filed October 28, 2026 on SEC ↗| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $3.93B | $3.84B | $4.05B | $4.06B | $4.09B | $4.02B | $4.30B | $4.24B | ▲ +4.4% |
| Gross profit | $2.05B | $2.02B | $2.14B | $2.16B | $2.17B | $2.13B | $2.27B | $2.27B | ▲ +5.1% |
| Operating income | $1.03B | $951.00M | $1.07B | $1.11B | $1.08B | $1.02B | $1.15B | $1.18B | ▲ +5.8% |
| Net income | $750.00M | $700.00M | $755.00M | $821.00M | $790.00M | $768.00M | $815.00M | $855.00M | ▲ +4.1% |
| R&D | — | — | — | — | — | — | — | — | — |
| EPS (diluted) | — | 2.38 $ | 2.58 $ | 2.81 $ | — | 2.66 $ | 2.84 $ | 3.00 $ | ▲ +6.8% |
| Margins (% of revenue) | |||||||||
| Gross | 52.1 % | 52.6 % | 52.8 % | 53.2 % | 53.0 % | 53.0 % | 52.7 % | 53.6 % | ▲ +0.4 pt |
| Operating | 26.2 % | 24.8 % | 26.4 % | 27.4 % | 26.5 % | 25.4 % | 26.7 % | 27.8 % | ▲ +0.4 pt |
| Net | 19.1 % | 18.2 % | 18.6 % | 20.2 % | 19.3 % | 19.1 % | 18.9 % | 20.2 % | ▼ -0.0 pt |
| Balance sheet | |||||||||
| Assets | $15.07B | $15.47B | $16.05B | $16.14B | $16.15B | $16.26B | $16.49B | $16.50B | ▲ +2.2% |
| Liabilities | $11.75B | $12.23B | $12.84B | $12.93B | $12.92B | $13.03B | $13.60B | $13.36B | ▲ +3.3% |
| Equity | $3.32B | $3.24B | $3.21B | $3.21B | $3.23B | $3.23B | $2.90B | $3.14B | ▼ -2.1% |
| Cash | $948.00M | $873.00M | $788.00M | $924.00M | $851.00M | $827.00M | $839.00M | $809.00M | ▼ -12.4% |
| Capital | |||||||||
| Shares outstanding | 293.50M | 293.00M | 291.50M | 290.10M | 288.20M | 287.70M | 284.80M | 284.20M | ▼ -2.0% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.