Illinois Tool Works shares outstanding ITW
Diluted shares outstanding, averaged over each quarter, from 2008.
- Latest quarter, to Jun 30, 2026
- 287M
- On a year earlier
- −2.0%
- fewer shares
Illinois Tool Works had 287M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 2.0% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 290.2M | −2% |
| FY2024 | 295.7M | −2% |
| FY2023 | 300.9M | −2% |
| FY2022 | 308M | −2% |
| FY2021 | 314.9M | −1% |
| FY2020 | 318.3M | −1% |
| FY2019 | 322.6M | −3% |
| FY2018 | 331.5M | −3% |
| FY2017 | 342.3M | −2% |
| FY2016 | 350.5M | −4% |
| FY2015 | 365.6M | −6% |
| FY2014 | 389.5M | −12% |
| FY2013 | 441M | −9% |
| FY2011 | 485M | −3% |
| FY2010 | 499.4M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 287M | −2% | |
| Q1 FY26 | 289.1M | −2% | |
| Q4 FY25 | 290.2M | −2% | |
| Q3 FY25 | 291.7M | −2% | |
| Q2 FY25 | 292.9M | −2% | |
| Q1 FY25 | 294.5M | −2% | |
| Q4 FY24 | 295.7M | −2% | |
| Q3 FY24 | 297M | −2% | |
| Q2 FY24 | 298.5M | −2% | |
| Q1 FY24 | 300M | −2% | |
| Q4 FY23 | 300.9M | −2% | |
| Q3 FY23 | 303M | −2% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Illinois Tool Works
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.