About Illinois Tool Works Inc.
https://www.itw.comIllinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.

CEO
Christopher A. O'Herlihy
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2006-05-26 | Forward | 2:1 |
| 1997-05-28 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 786
Ratings Snapshot
Rating : B
Most Recent Analyst Grades

JP Morgan
Overweight

B of A Securities
Neutral

UBS
Neutral

Citigroup
Neutral

Baird
Neutral

Truist Securities
Hold
Grade Summary
Showing Top 6 of 11
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:26.7M
Value:$6.91B

BRIAR HALL MANAGEMENT LLC
Shares:25.84M
Value:$6.69B

STATE FARM INVESTMENT MANAGEMENT CORP
Shares:22.13M
Value:$5.73B
Summary
Showing Top 3 of 2,447
About Illinois Tool Works Inc.
https://www.itw.comIllinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $4.06B ▲ | $694M ▼ | $821M ▲ | 20.23% ▲ | $2.82 ▲ | $1.22B ▲ |
| Q2-2025 | $4.05B ▲ | $714M ▲ | $755M ▲ | 18.63% ▲ | $2.58 ▲ | $1.17B ▲ |
| Q1-2025 | $3.84B ▼ | $706M ▲ | $700M ▼ | 18.23% ▼ | $2.38 ▼ | $1.06B ▼ |
| Q4-2024 | $3.93B ▼ | $655M ▼ | $750M ▼ | 19.07% ▼ | $2.55 ▼ | $1.15B ▼ |
| Q3-2024 | $3.97B | $658M | $1.16B | 29.25% | $3.92 | $1.53B |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $924M ▲ | $16.14B ▲ | $12.93B ▲ | $3.21B ▼ |
| Q2-2025 | $788M ▼ | $16.05B ▲ | $12.84B ▲ | $3.21B ▼ |
| Q1-2025 | $873M ▼ | $15.47B ▲ | $12.23B ▲ | $3.24B ▼ |
| Q4-2024 | $948M ▲ | $15.07B ▼ | $11.75B ▼ | $3.32B ▼ |
| Q3-2024 | $947M | $15.82B | $12.43B | $3.39B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $821M ▲ | $1.02B ▲ | $-116M ▼ | $-775M ▼ | $136M ▲ | $904M ▲ |
| Q2-2025 | $755M ▲ | $550M ▼ | $-92M | $-563M ▲ | $-85M ▼ | $449M ▼ |
| Q1-2025 | $700M ▼ | $592M ▼ | $-92M ▲ | $-588M ▲ | $-75M ▼ | $496M ▼ |
| Q4-2024 | $750M ▼ | $1.11B ▲ | $-117M ▼ | $-943M ▲ | $1M ▼ | $996M ▲ |
| Q3-2024 | $1.16B | $891M | $294M | $-1.12B | $85M | $783M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Automotive OEM Segment | $790.00M ▲ | $790.00M ▲ | $840.00M ▲ | $830.00M ▼ |
Construction Products Segment | $440.00M ▲ | $440.00M ▲ | $470.00M ▲ | $470.00M ▲ |
Food Equipment Segment | $670.00M ▲ | $630.00M ▼ | $680.00M ▲ | $690.00M ▲ |
Polymers and Fluids Segment | $430.00M ▲ | $430.00M ▲ | $440.00M ▲ | $440.00M ▲ |
Specialty Products Segment | $420.00M ▲ | $430.00M ▲ | $460.00M ▲ | $450.00M ▼ |
Test and Measurement and Electronics Segment | $750.00M ▲ | $650.00M ▼ | $690.00M ▲ | $700.00M ▲ |
Welding Segment | $450.00M ▲ | $470.00M ▲ | $480.00M ▲ | $480.00M ▲ |

CEO
Christopher A. O'Herlihy
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2006-05-26 | Forward | 2:1 |
| 1997-05-28 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 786
Ratings Snapshot
Rating : B
Most Recent Analyst Grades

JP Morgan
Overweight

B of A Securities
Neutral

UBS
Neutral

Citigroup
Neutral

Baird
Neutral

Truist Securities
Hold
Grade Summary
Showing Top 6 of 11
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:26.7M
Value:$6.91B

BRIAR HALL MANAGEMENT LLC
Shares:25.84M
Value:$6.69B

STATE FARM INVESTMENT MANAGEMENT CORP
Shares:22.13M
Value:$5.73B
Summary
Showing Top 3 of 2,447




