Illinois Tool Works Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 14.46B | 15.93B | 16.11B | 15.90B | 16.04B | 0.9% | |
| Cost of Revenue | (8.62B) | (9.56B) | (9.43B) | (8.96B) | (8.97B) | 0.1% | |
Gross Profit | 5.83B | 6.37B | 6.68B | 6.94B | 7.08B | 2.0% | |
| Operating Expenses | |||||||
| Research & Development | (239.00M) | (269.00M) | (284.00M) | (292.00M) | — | -100.0% | |
| Selling, General & Administrative | (2.12B) | (2.31B) | (2.35B) | (2.38B) | (2.78B) | 16.6% | |
| Depreciation & Amortization | (410.00M) | (410.00M) | (395.00M) | (402.00M) | (392.00M) | -2.5% | |
Operating Income (EBIT) | 3.48B | 3.79B | 4.04B | 4.26B | 4.22B | -1.1% | |
| Non-Operating Items | |||||||
| Interest Income | 41.00M | 31.00M | 53.00M | 44.00M | — | -100.0% | |
| Interest Expense | (202.00M) | (203.00M) | (266.00M) | (283.00M) | (292.00M) | 3.2% | |
| Other Income/Expenses (Net) | -151.00M | 52.00M | -217.00M | 158.00M | -250.00M | -258.2% | |
Income Before Tax | 3.33B | 3.84B | 3.82B | 4.42B | 3.97B | -10.3% | |
| Income Tax Expense | (632.00M) | (808.00M) | (866.00M) | (934.00M) | (900.00M) | -3.6% | |
Net Income | 2.69B | 3.03B | 2.96B | 3.49B | 3.07B | -12.1% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $9 | $10 | $10 | $12 | $11 | -10.5% | |
| Weighted Avg Shares Outstanding | 315.10M | 309.60M | 302.60M | 296.80M | 292.28M | -1.5% | |
| Weighted Avg Shares Outstanding (Diluted) | 316.40M | 310.70M | 303.60M | 297.80M | 292.30M | -1.8% | |
EBITDA | 3.94B | 4.46B | 4.48B | 5.11B | 4.65B | -8.9% |
Explore ITW
ITW in the Industrials
Large Cap