Illinois Tool WorksITWEarnings & Financial Report
Illinois Tool Works Inc. (ITW) is an American Fortune 500 company that produces engineered fasteners and components, equipment and consumable systems, and specialty products. It was founded in 1912 by Byron L. Smith and has built its growth on a "small-wins strategy" based on decentralization, simplicity, customer-focused innovation, and acquisitions.
ITW Q4 FY2025 Key Financial Metrics
Revenue
$4.1B
Gross Profit
$2.2B
Operating Profit
$1.1B
Net Profit
$790.0M
Gross Margin
53.0%
Operating Margin
26.5%
Net Margin
19.3%
YoY Growth
4.1%
EPS
$2.72
Illinois Tool Works Q4 FY2025 Financial Summary
Illinois Tool Works reported revenue of $4.1B (up 4.1% YoY) for Q4 FY2025, with a net profit of $790.0M (up 5.3% YoY) (19.3% margin). Cost of goods sold was $1.9B, operating expenses totaled $1.1B.
Key Financial Metrics
| Total Revenue | $4.1B |
|---|---|
| Net Profit | $790.0M |
| Gross Margin | 53.0% |
| Operating Margin | 26.5% |
| Report Period | Q4 FY2025 |
Illinois Tool Works Annual Revenue by Year
Illinois Tool Works annual revenue history includes year-by-year totals (for example, 2025 revenue was $16.0B).
Illinois Tool Works Quarterly Revenue & Net Profit History
Illinois Tool Works results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $4.1B | +4.1% | $790.0M | 19.3% |
| Q3 FY2025 | $4.1B | +2.3% | $821.0M | 20.2% |
| Q2 FY2025 | $4.1B | +0.6% | $755.0M | 18.6% |
| Q1 FY2025 | $3.8B | -3.4% | $700.0M | 18.2% |
| Q4 FY2024 | $3.9B | -1.3% | $750.0M | 19.1% |
| Q3 FY2024 | $4.0B | -1.6% | $1.2B | 29.2% |
| Q2 FY2024 | $4.0B | -1.2% | $759.0M | 18.8% |
| Q1 FY2024 | $4.0B | -1.1% | $819.0M | 20.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.97B | $4.03B | $3.97B | $3.93B | $3.84B | $4.05B | $4.06B | $4.09B |
| YoY Growth | -1.1% | -1.2% | -1.6% | -1.3% | -3.4% | 0.6% | 2.3% | 4.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $15.07B | $15.58B | $15.82B | $15.07B | $15.47B | $16.05B | $16.14B | $16.15B |
| Liabilities | $12.05B | $12.62B | $12.43B | $11.75B | $12.23B | $12.84B | $12.93B | $12.92B |
| Equity | $3.02B | $2.96B | $3.39B | $3.32B | $3.24B | $3.21B | $3.21B | $3.23B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $589.0M | $687.0M | $891.0M | $1.11B | $592.0M | $550.0M | $1.02B | $963.0M |