ILLINOIS TOOL WORKS INC financials

  1. Home
  2. Financials
  3. ITW
ITW CIK 0000049826

Source: EDGAR filings · Built 2026-06-02T03:20:23Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 2.71B 2.84B 3.08B 1.94B 2.26B 2.57B
EBITDA 4.53B 4.57B 4.32B 4.07B 3.75B 3.15B
Working Capital 1.07B 1.55B 1.56B 1.81B 2.90B 3.93B
Net Debt 8.36B 7.13B 7.30B 7.24B 6.35B 6.10B
Gross Margin 44.10% 44.28% 42.16% 40.82% 41.27% 41.35%
Operating Margin 26.28% 26.82% 25.08% 23.79% 24.05% 22.92%
Net Margin 19.11% 21.94% 18.36% 19.04% 18.64% 16.77%
Return on Equity (ROE) 95.04% 105.16% 98.14% 98.22% 74.30% 66.28%
Return on Assets (ROA) 18.99% 23.15% 19.06% 19.67% 16.76% 13.51%
Current Ratio 1.21× 1.36× 1.33× 1.41× 1.84× 2.52×
Debt-to-Equity 2.86× 2.44× 2.78× 2.57× 2.17× 2.72×
Effective Tax Rate — — 22.65% 21.03% 19.00% 22.00%
Cash Conversion Ratio 1.02× 0.94× 1.20× 0.77× 0.95× 1.33×
Accruals Ratio -0.00× 0.01× -0.04× 0.04× 0.01× -0.04×
SBC % of Revenue 0.43% 0.38% 0.43% 0.40% 0.37% 0.33%
CapEx Coverage 7.46× 7.51× 7.78× 5.70× 8.64× 11.89×
Free Cash Flow Per Share $9.26 $9.55 $10.16 $6.23 $7.15 $8.08

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 23.48× 21.65× 26.89× 22.55× 29.00× 30.75×
P/FCF 26.60× 26.55× 25.79× 35.35× 34.54× 25.24×
FCF Yield 3.76% 3.77% 3.88% 2.83% 2.90% 3.96%
EV / EBITDA 17.53× 17.89× 19.83× 18.31× 22.26× 22.40×
P/S 4.43× 4.69× 4.87× 4.22× 5.34× 5.14×
P/B 22.03× 22.47× 26.02× 21.75× 21.30× 20.29×

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 16.04B 15.90B 16.11B 15.93B 14.46B 12.57B
Cost of Goods and Services Sold 8.97B 8.86B 9.32B 9.43B 8.49B 7.38B
Cost of Revenue 7.56B 7.60B 7.94B 8.14B — —
Research and Development Expense 302.00M 292.00M 284.00M 269.00M 239.00M 214.00M
Operating Income (Loss) 4.22B 4.26B 4.04B 3.79B 3.48B 2.88B
Income Tax Expense (Benefit) 900.00M 934.00M 866.00M 808.00M 632.00M 595.00M
Earnings Per Share, Basic $10.52 $11.75 $9.77 $9.80 $8.55 $6.66
Weighted Average Number of Shares Outstanding, Basic 291.50M 296.80M 302.60M 309.60M 315.10M 316.90M
Earnings Per Share, Diluted $10.49 $11.71 $9.74 $9.77 $8.51 $6.63
Weighted Average Number of Shares Outstanding, Diluted 292.30M 297.80M 303.60M 310.70M 316.40M 318.30M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 851.00M 948.00M 1.06B 708.00M 1.53B 2.56B
Assets, Current 6.20B 5.86B 6.24B 6.27B 6.37B 6.52B
Assets 16.15B 15.07B 15.52B 15.42B 16.08B 15.61B
Long-term Debt 7.68B 7.08B 7.70B 6.71B 7.48B 8.12B
Liabilities, Current 5.13B 4.31B 4.67B 4.46B 3.47B 2.59B
Long-term Debt, Excluding Current Maturities 6.68B 6.31B 6.34B 6.17B 6.91B 7.77B
Common Stock, Shares, Outstanding 288.60M 294.00M 299.30M 305.00M 312.90M 316.70M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 3.13B 3.28B 3.54B 2.35B 2.56B 2.81B
Payments to Acquire Property, Plant, and Equipment 419.00M 437.00M 455.00M 412.00M 296.00M 236.00M
Net Cash Provided by (Used in) Investing Activities -521.00M -144.00M -403.00M -110.00M -984.00M -214.00M
Payments for Repurchase of Common Stock 1.50B 1.50B 1.50B 1.75B 1.00B 706.00M
Net Cash Provided by (Used in) Financing Activities -2.74B -3.19B -2.78B -3.00B -2.56B -2.05B

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Loading filing details…

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (ITW CIK 0000049826), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.

Related tickers

ATLO

AMES NATIONAL CORPORATION

HII

HUNTINGTON INGALLS INDUSTRIES, INC.

REI

Ring Energy, Inc.