Name: ITW Income Statement - Illinois Tool Works Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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ITW - Illinois Tool Works Inc.

USD | NYSE | Industrials

ITW Income Statement - Illinois Tool Works Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Revenues
Revenues	4,016.0	4,093.0	4,059.0	4,053.0	3,839.0	3,932.0	3,966.0	4,027.0	3,973.0	3,983.0	4,031.0	4,074.0	4,019.0	3,971.0	4,011.0	4,011.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenues
Revenues	16,221.0	16,044.0	15,898.0	16,107.0	15,932.0	14,455.0	12,574.0	14,109.0	14,768.0	14,314.0	13,599.0	13,405.0	14,484.0	14,135.0	14,791.0	14,515.0	15,416.0	13,573.0
Cost of Revenue	7,622.0	7,556.0	7,604.0	7,944.0	8,136.0	8,489.0	7,375.0	8,187.0	8,604.0	8,306.0	7,908.0	7,888.0	8,673.0	8,554.0	9,134.0	9,089.0	9,997.0
Gross Profit	8,599.0	8,488.0	8,294.0	8,163.0	7,796.0	5,966.0	5,199.0	5,922.0	6,164.0	6,008.0	5,691.0	5,517.0	5,811.0	5,581.0	5,657.0	5,426.0
Operating Expenses
Research & Development	-	302.0	292.0	284.0	269.0	239.0	214.0	221.0	233.0	225.0	223.0	218.0	227.0	240.0	240.0
Operating Income
Operating Income	4,285.0	4,216.0	4,264.0	4,040.0	3,790.0	3,477.0	2,882.0	3,402.0	3,584.0	3,485.0	3,056.0	2,867.0	2,888.0	2,514.0
Non-Operating
Interest Income	-	40.0	44.0	51.0	22.0	12.0	17.0	29.0	35.0	45.0	38.0	52.0	65.0	50.0	38.0
Tax & Net
Income Tax Expense	904.0	900.0	934.0	866.0	808.0	632.0	595.0	767.0	831.0	1,583.0	873.0	820.0	809.0	717.0	973.0
Per Share
EPS Basic	10.87	10.52	11.75	9.77	9.80	8.55	6.66	7.78	7.65	4.90	5.73	5.16	7.33	3.76	6.11	4.21
Supplementary Data
EBITDA	-	4,533.0	4,565.0	4,322.0	4,066.0	3,754.0	3,155.0	3,669.0	3,856.0	3,741.0	3,302.0	3,111.0	3,150.0	2,813.0	2,798.0	2,697.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	81.0	-	-	-	74.0	-	-	-	72.0	-	-	-	68.0	-	-	-
Amortization of Intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Operating Income
Operating Income	1,020.0	1,085.0	1,112.0	1,068.0	951.0	1,031.0	1,052.0	1,054.0	1,127.0	988.0	1,070.0	1,010.0	972.0	986.0	983.0	926.0	895.0	834.0	845.0	893.0	905.0	883.0	789.0	449.0	761.0	824.0	868.0	871.0	839.0	860.0	889.0	932.0	903.0	846.0	960.0	872.0	807.0	734.0	808.0	792.0

Tax & Net
Income Tax Expense	199.0	234.0	228.0	243.0	195.0	233.0	202.0	246.0	253.0	210.0	241.0	207.0	208.0	214.0	230.0	165.0	199.0	183.0	167.0	88.0	194.0	182.0	157.0	87.0	169.0	190.0	182.0	202.0	193.0	209.0	197.0	228.0	197.0	872.0	266.0	232.0	213.0	219.0	228.0	226.0
Net Income From Continuing Ops	768.0	790.0	821.0	755.0	700.0	750.0	1,160.0	759.0	819.0	717.0	772.0	754.0	714.0	907.0	727.0	738.0	662.0
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	768.0	790.0	821.0	755.0	700.0	750.0	1,160.0	759.0	819.0	717.0	772.0	754.0	714.0	907.0	727.0	738.0	662.0
Net Income Attributable To Parent	768.0	790.0	821.0	755.0	700.0	750.0	1,160.0	759.0	819.0	717.0	772.0	754.0	714.0	907.0	727.0	738.0
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	768.0	790.0	821.0	755.0	700.0	750.0	1,160.0	759.0	819.0	717.0	772.0	754.0	714.0	907.0	727.0

Per Share
EPS Basic	2.66	-	2.82	2.58	2.39	-	3.92	2.55	2.74	-	2.55	2.49	2.34	-	2.36	2.37	2.12	-	2.03	2.46	2.12	-	1.84	1.01	1.78	-	2.05	1.92	1.82	-	1.91	1.98	1.92	-	1.86	1.70	1.55	-	1.51	1.47
EPS Diluted	2.66	-	2.81	2.58	2.38	-	3.91	2.54	2.73	-	2.55	2.48	2.33	-	2.35	2.37	2.11	-
Shares Basic	288.3	-	290.8	292.3	293.6	-	296.1	297.6	298.9	-	301.9	303.3	305.0	-	308.8	310.6	312.5	-
Shares Diluted	289.1	-	291.7	292.9	294.5	-	297.0	298.5	300.0	-	303.0	304.2	306.1	-	309.7	311.5	313.7	-

Supplementary Data
EBITDA	1,101.0	-	-	-	1,025.0	-	-	-	1,199.0	-	-	-	1,040.0	-	-	-	966.0	-	-	-	971.0	-	-	-	829.0	-	-	-	906.0	-	-	-	970.0	-	-	-	868.0	-	-	-
EBIT	1,020.0	1,085.0	1,112.0	1,068.0	951.0	1,031.0	1,052.0	1,054.0	1,127.0	988.0	1,070.0	1,010.0	972.0	986.0	983.0	926.0	895.0	834.0	845.0

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	73.0	75.0	75.0	74.0	68.0	68.0	69.0	75.0	71.0	70.0	67.0	69.0	60.0	56.0	52.0	47.0	48.0	49.0
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	20.0	14.0	12.0	4.0	12.0	20.0	379.0	26.0	16.0	-	-	-	-	-	-	-	-
Pre-Tax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	1,121.0	957.0	903.0	861.0