Illinois Tool Works has been growing earnings at an average annual rate of 5.4%, while the Machinery industry saw earnings growing at 6.7% annually. Revenues have been growing at an average rate of 2.8% per year. Illinois Tool Works's return on equity is 97%, and it has net margins of 19.3%.
Key information
5.38%
Earnings growth rate
7.21%
EPS growth rate
Machinery Industry Growth
19.41%
Revenue growth rate
2.84%
Return on equity
97.03%
Net Margin
19.32%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Illinois Tool Works makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
BIT:1ITW Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
16,221
3,134
2,753
0
31 Dec 25
16,044
3,066
2,737
0
30 Sep 25
15,883
3,026
2,695
0
30 Jun 25
15,790
3,365
2,679
0
31 Mar 25
15,764
3,369
2,674
0
31 Dec 24
15,898
3,488
2,647
0
30 Sep 24
15,949
3,455
2,646
0
30 Jun 24
16,014
3,067
2,603
0
31 Mar 24
16,061
3,062
2,606
0
31 Dec 23
16,107
2,957
2,605
0
30 Sep 23
16,095
3,147
2,588
0
30 Jun 23
16,075
3,102
2,597
0
31 Mar 23
16,012
3,086
2,564
0
31 Dec 22
15,932
3,034
2,538
0
30 Sep 22
15,640
2,736
2,520
0
30 Jun 22
15,185
2,648
2,480
0
31 Mar 22
14,850
2,685
2,414
0
31 Dec 21
14,455
2,694
2,333
0
30 Sep 21
14,251
2,727
2,270
0
30 Jun 21
14,002
2,670
2,252
0
31 Mar 21
12,890
2,214
2,153
0
31 Dec 20
12,574
2,109
2,150
0
30 Sep 20
12,568
2,108
2,176
0
30 Jun 20
12,740
2,186
2,180
0
31 Mar 20
13,785
2,490
2,289
0
31 Dec 19
14,109
2,521
2,337
0
30 Sep 19
14,220
2,487
2,331
0
30 Jun 19
14,354
2,465
2,346
0
31 Mar 19
14,576
2,508
2,369
0
31 Dec 18
14,768
2,563
2,371
0
30 Sep 18
14,817
1,880
2,403
0
30 Jun 18
14,819
1,882
2,414
0
31 Mar 18
14,587
1,803
2,404
0
31 Dec 17
14,314
1,687
2,403
0
30 Sep 17
14,084
2,270
2,395
0
30 Jun 17
13,964
2,165
2,412
0
31 Mar 17
13,796
2,103
2,424
0
31 Dec 16
13,599
2,035
2,403
0
30 Sep 16
13,475
1,978
2,416
0
30 Jun 16
13,334
1,954
2,393
0
31 Mar 16
13,337
1,909
2,398
0
31 Dec 15
13,405
1,899
2,417
0
30 Sep 15
13,634
1,910
2,463
0
30 Jun 15
13,972
1,906
2,557
0
Quality Earnings: 1ITW has high quality earnings.
Growing Profit Margin: 1ITW's current net profit margins (19.3%) are lower than last year (21.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1ITW's earnings have grown by 5.4% per year over the past 5 years.
Accelerating Growth: 1ITW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1ITW had negative earnings growth (-7%) over the past year, making it difficult to compare to the Machinery industry average (4.1%).
Return on Equity
High ROE: Whilst 1ITW's Return on Equity (97.03%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
7D
1Y
7D
1Y
7D
1Y
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/26 16:08
End of Day Share Price
2026/06/26 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Illinois Tool Works Inc. is covered by 28 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.