Illinois Tool Works Inc. (ITW) Financials
Key financial figures for Illinois Tool Works Inc. (Q3 2026).
ITW grew Q3 2026 revenue 4.4% to $4.24 billion with a record $1.18 billion of operating income, and raised full-year GAAP EPS guidance to $11.45 to $11.55. Revenue of $4,236 million rose 4.4% year over year; organic growth was 3.8%, translation added 0.3% and an acquisition added 0.3%. The release estimates a tornado at two Welding facilities cut revenue by about $40 million, and says organic growth would have been about 5% without it. Operating income of $1,177 million rose 5.9% to a quarterly record, and operating margin expanded 40 basis points to 27.8% as enterprise initiatives contributed 130 basis points. Price increases and other actions more than offset raw material costs. GAAP diluted EPS was $3.00 versus $2.81 a year earlier (+6.8%). On the outlook: Full-year 2026 GAAP EPS of $11.45 to $11.55 per share (raised $0.05 at the midpoint from $11.35 to $11.55, about +10% at the midpoint); revenue growth of 4.5% to 5.5% (raised from 4% to 5%); organic growth of 3% to 4% (reaffirmed); operating margin of 26.5% to 27.5%; free cash flow of approximately 100% of net income; share repurchases of approximately $1.5 billion; effective tax rate of 23% to 24%. Figures are for Q3 2026, as Illinois Tool Works Inc. reported them.
- Revenue
- $4.2B
- Net Income
- $855M
- EPS
- $3.00
- Total Assets
- $16.5B
- Operating Cash Flow
- $953M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $4.2B | $855M | $3.00 | 27.79% | $851M |
| Q2 FY2026 | $4.3B | $815M | $2.84 | 26.67% | $631M |
| Q1 FY2026 | $4.0B | $768M | $2.66 | 25.4% | $528M |
| Q4 FY2025 | $4.1B | $790M | $2.72 | 26.51% | $858M |
| Q3 FY2025 | $4.1B | $821M | $2.81 | 27.4% | $904M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $16.0B | $3.1B | $10.49 | 26.28% | $2.7B |
| FY2024 | $15.9B | $3.5B | $11.71 | 26.82% | $2.8B |
| FY2023 | $16.1B | $3.0B | $9.74 | 25.08% | $3.1B |
Frequently asked questions
What was Illinois Tool Works Inc.'s revenue last quarter?
Illinois Tool Works Inc. reported revenue of $4.24 billion for Q3 FY2026, up 4.4% from the same period a year earlier.
Is Illinois Tool Works Inc. profitable?
Yes. Illinois Tool Works Inc. reported net income of $855.0 million for Q3 FY2026, a net margin of 20.18% on revenue.
How has Illinois Tool Works Inc.'s margin trended?
Operating margin was 27.79% in Q3 FY2026, compared with 27.4% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Illinois Tool Works Inc. generate?
Illinois Tool Works Inc. generated free cash flow of $851.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Illinois Tool Works Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.