ILLINOIS TOOL WORKS INC ITW

NYSE · stock · General Industrial Machinery & Equipment · website · IPO 1973-03-13 · LEI

ILLINOIS TOOL WORKS INC financials (annual)

Revenue

Net income

Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Revenue	$16.0B	$15.9B	$16.1B	$15.9B	$14.5B	$12.6B	$14.1B	$14.8B	$14.3B	$13.6B
R&D expense	$302.0M	$292.0M	$284.0M	$269.0M	$239.0M	$214.0M	$221.0M	$233.0M	$225.0M	$223.0M
Operating income	$4.2B	$4.3B	$4.0B	$3.8B	$3.5B	$2.9B	$3.4B	$3.6B	$3.5B	$3.1B
Interest expense	—	—	$266.0M	$203.0M	$202.0M	$206.0M	$221.0M	$257.0M	$260.0M	$237.0M
Income tax	$900.0M	$934.0M	$866.0M	$808.0M	$632.0M	$595.0M	$767.0M	$831.0M	$1.6B	$873.0M
Operating cash flow	$3.1B	$3.3B	$3.5B	$2.3B	$2.6B	$2.8B	$3.0B	$2.8B	$2.4B	$2.3B
Free cash flow	$2.7B	$2.8B	$3.1B	$1.9B	$2.3B	$2.6B	$2.7B	$2.4B	$2.1B	$2.0B
Cash & equivalents	$851.0M	$948.0M	$1.1B	$708.0M	$1.5B	$2.6B	$2.0B	$1.5B	$3.1B	$2.5B
Inventory	$1.7B	$1.6B	$1.7B	$2.1B	$1.7B	$1.2B	$1.2B	$1.3B	$1.2B	$1.1B
Total assets	$16.1B	$15.1B	$15.5B	$15.4B	$16.1B	$15.6B	$15.1B	$14.9B	$16.8B	$15.2B
Shareholders' equity	$3.2B	$3.3B	$3.0B	$3.1B	$3.6B	$3.2B	$3.0B	$3.3B	$4.6B	$4.3B
EPS (diluted)	$10.49	$11.71	$9.74	$9.77	$8.51	$6.63	$7.74	$7.60	$4.86	$5.70

Growth · year-over-year · Revenue CAGR 1.9%

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Revenue growth	+0.9%	-1.3%	+1.1%	+10.2%	+15.0%	-10.9%	-4.5%	+3.2%	+5.3%	+1.4%
EPS growth	-10.4%	+20.2%	-0.3%	+14.8%	+28.4%	-14.3%	+1.8%	+56.4%	-14.7%	+11.1%
Free cash flow growth	-4.8%	-7.8%	+59.3%	-14.4%	-12.1%	-3.7%	+9.1%	+16.2%	+3.7%	+0.7%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.