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ILLINOIS TOOL WORKS INC

LISTEDNYSE
SYMBOLITW
SIC3560
STATE OF INC.DE
FISCAL YEAR ENDSDecember 31
CIK49826

GENERAL INDUSTRIAL MACHINERY & EQUIPMENT · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

REVENUES, NET INCOME AND FREE CASH FLOW BY FISCAL YEAR$ billions051015202016201720182019202020212022202320242025RevenuesNet incomeFree cash flowEARNINGS AND DIVIDENDS PER SHARE$ per share0.005.0010.0015.002016201720182019202020212022202320242025EPS dilutedDividends per share

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)Amount%
Total debt8,96973.5
Stockholders' equity3,22626.5
Total capitalization12,195100.0

284,800,000 shares outstanding at 30 June 2026 (cover page of the 10-Q filed 6 August 2026).

LONG-TERM DEBT 12/31/25

($ millions)Amount
Long-term debt, incl. current maturities7,682
Long-term debt, noncurrent6,683
Current maturities999
Short-term borrowings / commercial paper1,287

CAPITAL STOCK 12/31/25

Common shares authorized700,000,000
Common shares issued550,000,000
Par or stated value per share ($)0.01
Outstanding at 6/30/26284,800,000

DIVIDENDS DECLARED/PAID

Fiscal yearPer share $Payout %
20256.2259.3
20245.8049.5
20235.4255.6
20225.0651.8
20214.7255.5

HISTORY AND BUSINESS

HISTORY: Incorporated in Delaware.

BUSINESS: Classified by the SEC under Standard Industrial Classification 3560, General Industrial Machinery & Equipment. Large accelerated filer. Principal executive office: 155 Harlem Avenue, Glenview, IL 60025. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)12/31/2512/31/2412/31/23
Revenues16,04415,89816,107
Cost of revenues7,5567,6047,944
Research and development302292284
Depreciation and amortization317301282
Operating income4,2164,2644,040
Interest expense292283266
Income before income taxes2,3842,6033,823
Income taxes900934866
Net income3,0663,4882,957
Earned per share, diluted ($)10.4911.719.74
Dividends per share ($)6.225.805.42

CONSOLIDATED BALANCE SHEET

($ millions)12/31/2512/31/24
Cash and equivalents851948
Receivables, net3,2272,991
Inventories1,6591,605
Total current assets6,2005,856
Property, plant and equipment, net2,2302,036
Goodwill5,0984,839
Total assets16,14815,067
Total current liabilities5,1264,308
Long-term debt6,6836,308
Total liabilities and equity16,14815,067

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year endedRevenuesOper. incomeNet incomeNet margin %EPS diluted $Div. per share $Oper. cash flowCapital expend.Free cash flowTotal assetsTotal liabilitiesTotal debtStockholders' equityROE %Debt / equity
12/31/2516,0444,2163,06619.110.496.223,1264192,70716,14812,922d8,9693,22695.02.78
12/31/2415,8984,2643,48821.911.715.803,2814372,84415,06711,750d7,8633,317105.22.37
12/31/2316,1074,0402,95718.49.745.423,5394553,08415,51812,505d9,5253,01398.13.16
12/31/2215,9323,7903,03419.09.775.062,3484121,93615,42212,333d8,2983,08998.22.69
12/31/2114,4553,4772,69418.68.514.722,5572962,26116,07712,451d8,2553,62674.32.28
12/31/2012,5742,8822,10916.86.634.422,8072362,57115,61212,430d8,4723,18266.32.66
12/31/1914,1093,4022,52117.97.744.142,9953262,66915,06812,038d7,7623,03083.22.56
12/31/1814,7683,5842,56317.47.603.562,8113642,44714,87011,612d7,3793,25878.72.26
12/31/1714,3143,4851,68711.84.862.862,4022972,10516,78012,191d8,3284,58936.81.81
12/31/1613,5993,0562,03515.05.702.402,3022732,02915,20110,942d7,8274,25947.81.84

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

ILLINOIS TOOL WORKS INC
CIK 49826 · EIN 36-1258310

PRINCIPAL OFFICE:

155 Harlem Avenue, Glenview, IL 60025
Tel.: 8477247500

INCORPORATED:

Delaware

INDUSTRY (SEC SIC CODE):

3560 · General Industrial Machinery & Equipment

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 13 February 2026

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

8/13/268-Kperiod 8/11/26
8/6/2610-Qperiod 6/30/26
7/28/268-Kperiod 7/28/26
5/22/268-Kperiod 5/19/26
5/12/268-Kperiod 5/8/26
5/7/2610-Qperiod 3/31/26
4/30/268-Kperiod 4/30/26
3/27/26DEF 14Aperiod 5/8/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/13/26) · 10-K FY2024 (filed 2/14/25) · 10-K FY2023 (filed 2/9/24) · 10-K FY2022 (filed 2/10/23) · 10-K FY2021 (filed 2/11/22) · 10-K FY2020 (filed 2/12/21) · 10-K FY2019 (filed 2/14/20) · 10-K FY2018 (filed 2/15/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.

Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.

Data from SEC filings  ·  Educational only  ·  Not investment advice