Illinois Tool Works (ITW)
Makes industrial equipment for automotive, food-service, testing, welding, construction, and specialty markets.
$270.47
After hours+0.04 (+0.01%)
At close$270.43(+1.09%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,031 | 3,983 | 3,973 | 4,027 | 3,966 | 3,932 | 3,839 | 4,053 | 4,059 | 4,093 | 4,016 | 4,301 |
| Cost of revenue | 2,346 | 2,337 | 2,170 | 2,287 | 2,256 | 2,246 | 2,182 | 2,271 | 2,253 | 2,284 | 2,256 | 2,403 |
| Gross profit | 1,685 | 1,646 | 1,803 | 1,740 | 1,710 | 1,686 | 1,657 | 1,782 | 1,806 | 1,809 | 1,760 | 1,898 |
| 615 | 658 | 676 | 686 | 658 | 655 | 706 | 714 | 694 | 724 | 740 | 751 | |
| Research & development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 693 | 676 | 0 | 0 | 0 |
| 615 | 658 | 676 | 686 | 658 | 655 | 706 | 693 | 676 | 704 | 722 | 735 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 722 | 0 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −672 | −658 | 20 | 18 | 16 |
| Operating income | 1,070 | 988 | 1,127 | 1,054 | 1,052 | 1,031 | 951 | 1,068 | 1,112 | 1,085 | 1,020 | 1,147 |
| −57 | −61 | −55 | −49 | 310 | −48 | −56 | −70 | −63 | −61 | −53 | −67 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 158 |
| Interest expense | 67 | 70 | 71 | 75 | 69 | 68 | 68 | 74 | 75 | 75 | 73 | 79 |
| Other non-operating income | −10 | −9 | −16 | −26 | −379 | −20 | −12 | −4 | −12 | −14 | −20 | −12 |
| Income before tax | 1,013 | 927 | 1,072 | 1,005 | 1,362 | 983 | 895 | 998 | 1,049 | 1,024 | 967 | 1,080 |
| Income tax expense | 241 | 210 | 253 | 246 | 202 | 233 | 195 | 243 | 228 | 234 | 199 | 265 |
| Net income from continuing operations | 772 | 717 | 819 | 759 | 1,160 | 750 | 700 | 755 | 821 | 790 | 768 | 815 |
| Net income | 772 | 717 | 819 | 759 | 1,160 | 750 | 700 | 755 | 821 | 790 | 768 | 815 |
| EPS, basic | $2.56 | $2.39 | $2.74 | $2.55 | $3.92 | $2.55 | $2.38 | $2.58 | $2.82 | $2.72 | $2.66 | $2.85 |
| EPS, diluted | $2.55 | $2.38 | $2.73 | $2.54 | $3.91 | $2.54 | $2.38 | $2.58 | $2.81 | $2.72 | $2.66 | $2.84 |
| Weighted average shares, basic | 302 | 300 | 299 | 298 | 296 | 295 | 294 | 292 | 291 | 290 | 288 | 286 |
| Weighted average shares, diluted | 303 | 301 | 300 | 299 | 297 | 296 | 295 | 293 | 292 | 290 | 289 | 287 |
| EBITDA | 1,177 | 1,096 | 1,240 | 1,179 | 1,535 | 1,153 | 1,058 | 1,171 | 1,224 | 1,199 | 1,058 | 1,159 |
| Depreciation & amortization | 97 | 99 | 97 | 99 | 104 | 102 | 95 | 99 | 100 | 100 | 18 | 0 |
| EBIT | 1,080 | 997 | 1,143 | 1,080 | 1,431 | 1,051 | 963 | 1,072 | 1,124 | 1,099 | 1,040 | 1,159 |
