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Screener / SEC EDGAR /CIK 0000049826 /Numbers from the XBRL of the 10-Ks
Industrials peers:
LDOSSWKURITXTOTISITW
NYSE Industrials · Industrial Machinery

Illinois Tool Works ITW

ITW quote by TradingView

Illinois Tool Works Inc. (the "Company" or "ITW") was founded in 1912 and incorporated in 1915. 10-K, Item 1

Employees
43,000
Headquarters
Glenview, IL
Next results
around Feb 2, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $16.0B through the costs to a net profit of $3.1B · income statement of the 10-K

26% operating margin
Revenue to Gross profit: $8.5BRevenue to Cost of revenue: $7.6BGross profit to Operating profit: $4.2BGross profit to Operating expenses: $4.3BOperating profit to Net profit: $3.1BOperating profit to Tax & other: $1.1BOperating expenses to R&D: $302.0MOperating expenses to Sales, admin & other: $4.0B Revenue: $16.0B REVENUE $16.0B +1% Y/Y Gross profit: $8.5B · 53% margin GROSS PROFIT $8.5B 53% margin Cost of revenue: $7.6B · 47% of revenue COST OF REVENUE $7.6B 47% of revenue Operating profit: $4.2B · 26% margin OPERATING PROFIT $4.2B 26% margin · −1% Y/Y Operating expenses: $4.3B · 27% of revenue OPERATING EXPENSES $4.3B 27% of revenue Net profit: $3.1B · 19% margin NET PROFIT $3.1B 19% margin · −12% Y/Y Tax & other: $1.1B · 7% of revenue TAX & OTHER $1.1B 7% of revenue R&D: $302.0M · 2% of revenue R&D $302.0M 2% of revenue Sales, admin & other: $4.0B · 25% of revenue SALES, ADMIN & OTHER $4.0B 25% of revenue
Gross profit $8.5B 53% margin
Operating profit $4.2B 26% margin · −1% Y/Y
Net profit $3.1B 19% margin · −12% Y/Y
The full income statement, year by year

ITW among Industrials peers

Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.

Compare
Revenue growth: 0.9%, above 21% of 81 peers (their median 4.9%) REVENUE GROWTH 0.9% · above 21% Gross margin: 44.3%, above 71% of 51 peers (their median 38.1%) GROSS MARGIN 44.3% · above 71% Operating margin: 26.6%, above 87% of 71 peers (their median 17.5%) OPERATING MARGIN 26.6% · above 87% Net margin: 19.4%, above 85% of 81 peers (their median 13.0%) NET MARGIN 19.4% · above 85% FCF margin: 17.2%, above 73% of 78 peers (their median 13.0%) FCF MARGIN 17.2% · above 73% Return on capital: 24.6%, above 88% of 65 peers (their median 13.8%) RETURN ON CAPITAL 24.6% · above 88%
ITW Peer median Below the median

What changed

Nothing new in the latest 10-K.

Risk factors
No new paragraphs, or fewer than two 10-Ks to compare
10-K Item 1A
Accounting checks
11 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 11 checks found nothing to note

  • Receivables +7.9% vs revenue +0.9% (+7.0 pts)
  • Cash from operations $3.1B vs net income $3.1B (FY ending Dec 31, 2025)
  • Inventory +3.4% vs revenue +0.9% (+2.4 pts)
8 more checks with nothing to note
  • Same auditor in both 10-Ks: Deloitte & Touche LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Income Taxes
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

No new paragraphs in Risk Factors

No new paragraphs in Risk Factors, or fewer than two 10-Ks to compare.

New risk paragraphs, against peers

Latest 10-K of each, Industrials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$15.9B$16.1B$15.9B$16.0B
Net income$3.0B$3.0B$3.5B$3.1B
Operating cash flow$2.3B$3.5B$3.3B$3.1B
Free cash flow$1.9B$3.1B$2.8B$2.7B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$16.0B ▲ 0.9% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Illinois Tool Works, Glenview, IL · from the 10-K filed Feb 13, 2026

Illinois Tool Works Inc. (the "Company" or "ITW") was founded in 1912 and incorporated in 1915. The Company's ticker symbol is ITW. The Company is a global manufacturer of a diversified range of industrial products and equipment with 88 divisions in 49 countries. As of December 31, 2025, the Company employed approximately 43,000 people. The Company's operations are organized and managed based on similar product offerings and end markets, and are reported to senior management as the following seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.

Headquarters
Glenview, IL
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 27, 2026
Incorporated in
DE

Employees, at the top of the page: "As of December 31, 2025, the Company employed approximately 43,000 people" (10-K). Address and exchange: SEC's company file.

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Sources

Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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