FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

ITW
2026-06-30 · figures in $M

FCF DOWN

Free cash flow fell 4.8% to $2.7B, and covered net income 0.88×.

CASH FROM OPS -4.7%
3,126 19.5% MGN
CAPITAL EXPENDITURE -4.1%
419
FREE CASH FLOW -4.8%
2,707
FCF / NET INCOME +8.3%
0.88× TARGET >1.0×
Cash flow FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
2,563 2,521 2,109 2,694 3,034 2,957 3,488 3,066 -12.1% 3,194 2024-09-30 · $1.2B2024-12-31 · $750.0M2025-03-31 · $700.0M2025-06-30 · $755.0M2025-09-30 · $821.0M2025-12-31 · $790.0M2026-03-31 · $768.0M2026-06-30 · $815.0M
Stock-based comp
40 41 42 53 63 69 61 69 +13.1% 74
Cash from operations
2,811 2,995 2,807 2,557 2,348 3,539 3,281 3,126 -4.7% 3,330 2024-09-30 · $891.0M2024-12-31 · $1.1B2025-03-31 · $592.0M2025-06-30 · $550.0M2025-09-30 · $1.0B2025-12-31 · $963.0M2026-03-31 · $623.0M2026-06-30 · $723.0M
Cash conversion
1.10× 1.19× 1.33× 0.95× 0.77× 1.20× 0.94× 1.02× +8.4% 1.04×
Capital expenditures
(364) (326) (236) (296) (412) (455) (437) (419) -4.1% (409)
Free cash flow
2,447 2,669 2,571 2,261 1,936 3,084 2,844 2,707 -4.8% 2,921 2024-09-30 · $783.0M2024-12-31 · $996.0M2025-03-31 · $496.0M2025-06-30 · $449.0M2025-09-30 · $904.0M2025-12-31 · $858.0M2026-03-31 · $528.0M2026-06-30 · $631.0M
FCF margin
16.6% 18.9% 20.4% 15.6% 12.2% 19.1% 17.9% 16.9% -5.7% 17.7%
Cash from investing
-325 -183 -214 -984 -110 -403 -144 -521 — -521
Dividends paid
1,124 1,321 1,379 1,463 1,542 1,615 1,695 1,785 +5.3% 1,833
Share repurchases
2,000 1,500 706 1,000 1,750 1,500 1,500 1,500 +0.0% 1,875
Debt repayment
1 1,351 4 351 1,113 679 1,926 0 -100.0% —
Cash from financing
-3,964 -2,326 -2,049 -2,564 -3,000 -2,782 -3,189 -2,744 — -2,772
Net change in cash
-1,590 477 583 -1,037 -819 357 -117 -97 — 51
Ending cash balance
1,504 1,981 2,564 1,527 708 1,065 948 851 -10.2% 839

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM2,844 CASH FROM OPERATIONS-155 CAPITAL EXPENDITURES+18 TO2,707
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-06 ↗