Superworth

Illinois Tool Works ITW

Industrial - Machinery, Industrials
$275.75
−1.25%
Market cap
$78.5B
PE
25.0×
10y median 24.2×
Forward PE
23.5×
10y median 23.9×
Price to sales
4.8×
EV/EBIT
20.0×
Revenue, 12 months
$16.5B
+4% on a year ago
Net margin
19.4%
Free cash flow yield
3.7%

Illinois Tool Works trades at 25.0× trailing earnings, near its ten-year median. Revenue was $16.5B over the last twelve months, up 4% on a year earlier with a 19% net margin.

Charts

Financials

Income statement for ITW, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$4B+1%$4B+0%$4B−1%$4B−1%$4B−2%$3.9B−1%$3.8B−3%$4.1B+1%$4.1B+2%$4.1B+4%$4B+5%$4.3B+6%
Cost of revenue$2.3B−2%$2.3B+0%$2.1B−8%$2.3B−4%$2.2B−4%$2.2B−4%$2.2B+1%$2.3B+0%$2.3B+1%$2.3B+3%$2.3B+4%$2.4B+6%
Gross profit$1.7B+4%$1.7B+1%$1.8B+9%$1.8B+2%$1.7B+1%$1.7B+2%$1.7B−8%$1.8B+1%$1.8B+4%$1.8B+6%$1.8B+5%$1.9B+7%
SG&A$615M−1%$658M+2%$676M+0%$686M−1%$658M+7%$655M−1%$706M+4%$693M+1%$676M+3%$704M+8%$722M+2%$735M+6%
$1.1B+9%$988M+0%$1.1B+16%$1.1B+4%$1.1B−2%$1B+4%$951M−16%$1.1B+1%$1.1B+6%$1.1B+5%$1B+7%$1.1B+7%
Interest expense$67M+29%$70M+25%$71M+18%$75M+9%$69M+3%$68M−3%$68M−4%$74M−1%$75M+9%$75M+10%$73M+7%$79M+7%
Pre-tax income$1B+6%$927M−17%$1.1B+16%$1B+5%$1.4B+35%$983M+6%$895M−17%$998M−1%$1B−23%$1B+4%$967M+8%$1.1B+8%
$241M+5%$210M−2%$253M+22%$246M+19%$202M−16%$233M+11%$195M−23%$243M−1%$228M+13%$234M+0%$199M+2%$265M+9%
Net income$772M+6%$717M−21%$819M+15%$759M+1%$1.2B+50%$750M+5%$700M−15%$755M−1%$821M−29%$790M+5%$768M+10%$815M+8%
$2.55+9%$2.38−19%$2.73+17%$2.54+2%$3.91+53%$2.54+7%$2.38−13%$2.58+2%$2.81−28%$2.72+7%$2.66+12%$2.84+10%
303M−2%300.9M−2%300M−2%298.5M−2%297M−2%295.7M−2%294.5M−2%292.9M−2%291.7M−2%290.2M−2%289.1M−2%287M−2%

Gross profit: 73 periods, Q2 FY08 to Q2 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: 12 periods, Q2 FY08 to Q4 FY25: quarter's net income to common over its shares, to the cent. Q4 FY09 and Q4 FY12: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'.

Diluted shares: 14 periods, Q4 FY10 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY17: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: .

QuarterRevenueRangeEPSRangeAnalysts
Q3 FY26$4.3B$4.2B to $4.3B$2.97$2.90 to $3.058
Q4 FY26$4.3B$4.2B to $4.3B$2.96$2.89 to $3.018
Q1 FY27$4.2B$4.1B to $4.2B$2.75$2.71 to $2.803
Q2 FY27$4.5B$4.4B to $4.5B$3.09$3.05 to $3.154
Q3 FY27$4.4B$4.4B to $4.5B$3.19$3.15 to $3.253
Q4 FY27$4.4B$4.4B to $4.5B$3.15$3.11 to $3.214
Q1 FY28$4.3B$4.3B to $4.4B$2.93$2.89 to $2.994
Q2 FY28$4.6B$4.5B to $4.6B$3.29$3.24 to $3.355

Peers

Companies in Industrial - Machinery nearest Illinois Tool Works' size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
ITWIllinois Tool Works$78.5B25.0×24.2×23.5×4.8×+4%19.4%
CMICummins$71.2B26.4×18.2×15.7×2.1×+3%7.8%
EMREmerson Electric$90.1B35.4×24.4×22.8×4.8×+5%13.8%
TTTrane Technologies$97.9B33.7×25.3×26.8×4.4×+7%13.3%
PCARPACCAR$56.3B22.5×14.2×16.2×2.0×−11%9.0%
PHParker-Hannifin$111B30.9×24.8×24.6×5.2×+8%17.0%
ROKRockwell Automation$47.3B39.9×30.6×29.3×5.3×+11%13.4%
CARRCarrier Global$46.4B39.1×18.8×18.6×2.1×−2%5.5%
OTISOtis Worldwide$28.6B19.3×26.4×17.5×1.9×+5%10.2%
IRIngersoll Rand$28.5B30.2×39.8×19.6×3.6×+8%12.1%
GEVGE Vernova$217.1B23.3×56.3×39.7×5.2×+13%23.0%
Peer median$63.8B30.6×25.1×21.2×4.0×+6%12.7%

Investors who own it

Investors we follow who held Illinois Tool Works at the end of Jun 30, 2026, from their 13F filings.

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Industry
Industrial - Machinery
Sector
Industrials

Valuation data, not investment advice. Prices as of .