ILLINOIS TOOL WORKS INC
ITW Industrials · Capital GoodsEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
▼−10 over range · as of 2026-06-30
Revenue +6.1% YoY, earnings +7.9% YoY · sector avg 71
▼−1 over range · as of 2026-06-30
18.9% net margin, 110% return on equity, 18% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 49
▼−24 over range · as of 2026-06-30
15x interest coverage, 1.1x current ratio · sector avg 78
Latest quarter · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $4.3B +7.1% Gross margin 52.7% −0.3pp Operating margin 26.7% +1.3pp Net margin 18.9% −0.2pp Net income $815.0M +6.1%Filings
16-09 → 26-06 · following the period bar 32 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q/A Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
| 2020 | no filing | 10-Q Q2 2020 | 10-Q Q3 2020 | 10-K FY 2020 |
| 2019 | no filing | no filing | 10-Q Q3 2019 | 10-K FY 2019 |
All 32 filings
10-K FY 2024 2025-02-14 Pro → 10-Q Q3 2024 2024-10-30 Pro → 10-Q Q2 2024 2024-08-02 Pro → 10-Q Q1 2024 2024-05-02 Pro → 10-K FY 2023 2024-02-09 Pro → 10-Q Q3 2023 2023-10-24 Pro → 10-Q Q2 2023 2023-08-04 Pro → 10-Q Q1 2023 2023-05-04 Pro → 10-K FY 2022 2023-02-10 Pro → 10-Q Q3 2022 2022-10-27 Pro → 10-Q Q2 2022 2022-08-05 Pro → 10-Q Q1 2022 2022-05-06 Pro → 10-K FY 2021 2022-02-11 Pro → 10-Q Q3 2021 2021-10-29 Pro → 10-Q/A Q2 2021 2021-08-06 Pro → 10-Q Q2 2021 2021-08-05 Pro → 10-Q Q1 2021 2021-05-06 Pro → 10-K FY 2020 2021-02-12 Pro → 10-Q Q3 2020 2020-10-30 Pro → 10-Q Q2 2020 2020-08-06 Pro → 10-Q Q3 2020 2020-05-08 Pro → 10-K FY 2019 2020-02-14 Pro → 10-Q Q3 2019 2019-10-28 Pro → 10-K FY 2018 2019-02-15 Pro → 10-K FY 2017 2018-02-15 Pro → 10-K FY 2016 2017-02-10 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| 16-09 | 2016-09-30 | $3.5B |
| 16-12 | 2016-12-31 | $3.4B |
| 17-03 | 2017-03-31 | $3.5B |
| 17-06 | 2017-06-30 | $3.6B |
| 17-09 | 2017-09-30 | $3.6B |
| 17-12 | 2017-12-31 | $3.6B |
| 18-03 | 2018-03-31 | $3.7B |
| 18-06 | 2018-06-30 | $3.8B |
| 18-09 | 2018-09-30 | $3.6B |
| 18-12 | 2018-12-31 | $3.6B |
| 19-03 | 2019-03-31 | $3.6B |
| 19-06 | 2019-06-30 | $3.6B |
| 19-09 | 2019-09-30 | $3.5B |
| 19-12 | 2019-12-31 | $3.5B |
| 20-03 | 2020-03-31 | $3.2B |
| 20-06 | 2020-06-30 | $2.6B |
| 20-09 | 2020-09-30 | $3.3B |
| 20-12 | 2020-12-31 | $3.5B |
| 21-03 | 2021-03-31 | $3.5B |
| 21-06 | 2021-06-30 | $3.7B |
| 21-09 | 2021-09-30 | $3.6B |
| 21-12 | 2021-12-31 | not reported |
| 22-03 | 2022-03-31 | $3.9B |
| 22-06 | 2022-06-30 | $4.0B |
| 22-09 | 2022-09-30 | $4.0B |
| 22-12 | 2022-12-31 | not reported |
| 23-03 | 2023-03-31 | $4.0B |
| 23-06 | 2023-06-30 | $4.1B |
| 23-09 | 2023-09-30 | $4.0B |
| 23-12 | 2023-12-31 | $4.0B |
| 24-03 | 2024-03-31 | $4.0B |
| 24-06 | 2024-06-30 | $4.0B |
| 24-09 | 2024-09-30 | $4.0B |
| 24-12 | 2024-12-31 | $3.9B |
| 25-03 | 2025-03-31 | $3.8B |
| 25-06 | 2025-06-30 | $4.1B |
| 25-09 | 2025-09-30 | $4.1B |
| 25-12 | 2025-12-31 | $4.1B |
| 26-03 | 2026-03-31 | $4.0B |
| 26-06 | 2026-06-30 | $4.3B |
| Period | Period end | Net income |
|---|---|---|
| 16-09 | 2016-09-30 | $535.0M |
| 16-12 | 2016-12-31 | $507.0M |
| 17-03 | 2017-03-31 | $536.0M |
| 17-06 | 2017-06-30 | $587.0M |
| 17-09 | 2017-09-30 | $640.0M |
| 17-12 | 2017-12-31 | -$76.0M |
| 18-03 | 2018-03-31 | $652.0M |
| 18-06 | 2018-06-30 | $666.0M |
| 18-09 | 2018-09-30 | $638.0M |
| 18-12 | 2018-12-31 | $607.0M |
| 19-03 | 2019-03-31 | $597.0M |
| 19-06 | 2019-06-30 | $623.0M |
| 19-09 | 2019-09-30 | $660.0M |
| 19-12 | 2019-12-31 | $641.0M |
| 20-03 | 2020-03-31 | $566.0M |
| 20-06 | 2020-06-30 | $319.0M |
| 20-09 | 2020-09-30 | $582.0M |
| 20-12 | 2020-12-31 | $642.0M |
| 21-03 | 2021-03-31 | $671.0M |
| 21-06 | 2021-06-30 | $775.0M |
| 21-09 | 2021-09-30 | $639.0M |
| 21-12 | 2021-12-31 | $609.0M |
| 22-03 | 2022-03-31 | $662.0M |
| 22-06 | 2022-06-30 | $738.0M |
| 22-09 | 2022-09-30 | $727.0M |
| 22-12 | 2022-12-31 | $907.0M |
| 23-03 | 2023-03-31 | $714.0M |
| 23-06 | 2023-06-30 | $754.0M |
| 23-09 | 2023-09-30 | $772.0M |
| 23-12 | 2023-12-31 | $717.0M |
| 24-03 | 2024-03-31 | $819.0M |
| 24-06 | 2024-06-30 | $759.0M |
| 24-09 | 2024-09-30 | $1.2B |
| 24-12 | 2024-12-31 | $750.0M |
| 25-03 | 2025-03-31 | $700.0M |
| 25-06 | 2025-06-30 | $755.0M |
| 25-09 | 2025-09-30 | $821.0M |
| 25-12 | 2025-12-31 | $790.0M |
| 26-03 | 2026-03-31 | $768.0M |
| 26-06 | 2026-06-30 | $815.0M |
| Period | Period end | Operating income |
|---|---|---|
| 16-09 | 2016-09-30 | $808.0M |
| 16-12 | 2016-12-31 | $742.0M |
| 17-03 | 2017-03-31 | $807.0M |
| 17-06 | 2017-06-30 | $872.0M |
| 17-09 | 2017-09-30 | $960.0M |
| 17-12 | 2017-12-31 | $846.0M |
| 18-03 | 2018-03-31 | $903.0M |
| 18-06 | 2018-06-30 | $932.0M |
| 18-09 | 2018-09-30 | $889.0M |
| 18-12 | 2018-12-31 | $860.0M |
| 19-03 | 2019-03-31 | $839.0M |
| 19-06 | 2019-06-30 | $871.0M |
| 19-09 | 2019-09-30 | $868.0M |
| 19-12 | 2019-12-31 | $824.0M |
| 20-03 | 2020-03-31 | $761.0M |
| 20-06 | 2020-06-30 | $449.0M |
| 20-09 | 2020-09-30 | $789.0M |
| 20-12 | 2020-12-31 | $883.0M |
| 21-03 | 2021-03-31 | $905.0M |
| 21-06 | 2021-06-30 | $893.0M |
| 21-09 | 2021-09-30 | $845.0M |
| 21-12 | 2021-12-31 | $834.0M |
| 22-03 | 2022-03-31 | $895.0M |
| 22-06 | 2022-06-30 | $926.0M |
| 22-09 | 2022-09-30 | $983.0M |
| 22-12 | 2022-12-31 | $986.0M |
| 23-03 | 2023-03-31 | $972.0M |
| 23-06 | 2023-06-30 | $1.0B |
| 23-09 | 2023-09-30 | $1.1B |
| 23-12 | 2023-12-31 | $988.0M |
| 24-03 | 2024-03-31 | $1.1B |
| 24-06 | 2024-06-30 | $1.1B |
| 24-09 | 2024-09-30 | $1.1B |
| 24-12 | 2024-12-31 | $1.0B |
| 25-03 | 2025-03-31 | $951.0M |
| 25-06 | 2025-06-30 | $1.1B |
| 25-09 | 2025-09-30 | $1.1B |
| 25-12 | 2025-12-31 | $1.1B |
| 26-03 | 2026-03-31 | $1.0B |
| 26-06 | 2026-06-30 | $1.1B |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| 16-09 | 2016-09-30 | not scored | not scored | not scored |
| 16-12 | 2016-12-31 | not scored | not scored | not scored |
| 17-03 | 2017-03-31 | not scored | not scored | not scored |
| 17-06 | 2017-06-30 | not scored | not scored | not scored |
| 17-09 | 2017-09-30 | not scored | not scored | not scored |
| 17-12 | 2017-12-31 | not scored | not scored | not scored |
| 18-03 | 2018-03-31 | not scored | not scored | not scored |
| 18-06 | 2018-06-30 | not scored | not scored | not scored |
| 18-09 | 2018-09-30 | not scored | not scored | not scored |
| 18-12 | 2018-12-31 | not scored | not scored | not scored |
| 19-03 | 2019-03-31 | not scored | not scored | not scored |
| 19-06 | 2019-06-30 | not scored | not scored | not scored |
| 19-09 | 2019-09-30 | not scored | not scored | not scored |
| 19-12 | 2019-12-31 | not scored | not scored | not scored |
| 20-03 | 2020-03-31 | not scored | not scored | not scored |
| 20-06 | 2020-06-30 | not scored | not scored | not scored |
| 20-09 | 2020-09-30 | not scored | not scored | not scored |
| 20-12 | 2020-12-31 | not scored | not scored | not scored |
| 21-03 | 2021-03-31 | not scored | not scored | not scored |
| 21-06 | 2021-06-30 | not scored | not scored | not scored |
| 21-09 | 2021-09-30 | not scored | not scored | not scored |
| 21-12 | 2021-12-31 | not scored | not scored | not scored |
| 22-03 | 2022-03-31 | not scored | not scored | not scored |
| 22-06 | 2022-06-30 | not scored | not scored | not scored |
| 22-09 | 2022-09-30 | not scored | not scored | not scored |
| 22-12 | 2022-12-31 | not scored | not scored | not scored |
| 23-03 | 2023-03-31 | not scored | not scored | not scored |
| 23-06 | 2023-06-30 | not scored | not scored | not scored |
| 23-09 | 2023-09-30 | 40 | 79 | 74 |
| 23-12 | 2023-12-31 | 23 | 79 | 68 |
| 24-03 | 2024-03-31 | 40 | 81 | 70 |
| 24-06 | 2024-06-30 | 28 | 79 | 65 |
| 24-09 | 2024-09-30 | 47 | 82 | 66 |
| 24-12 | 2024-12-31 | 32 | 80 | 69 |
| 25-03 | 2025-03-31 | 16 | 80 | 73 |
| 25-06 | 2025-06-30 | 33 | 80 | 73 |
| 25-09 | 2025-09-30 | 21 | 81 | 74 |
| 25-12 | 2025-12-31 | 46 | 77 | 67 |
| 26-03 | 2026-03-31 | 40 | 78 | 64 |
| 26-06 | 2026-06-30 | 30 | 78 | 50 |