Companies: 10,795·Total market cap: $144.5T
Illinois Tool Works Inc.

Illinois Tool Works Inc.

ITWNYSEIndustrials● Active
$252.72
+$1.60(+0.64%)
Market Cap$72.7B
P/E Ratio
52W High$303.16
52W Low$238.82
Overview

Illinois Tool Works Inc. (ITW) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

ITW · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
292.3M -1.52% YoY Change
FY · as of Dec 31, 2025 · Reported in USD
vs 296.8M in FY 2024
Diluted Shares Outstanding
292.3M
incl. options, RSUs, convertibles
Dilution Spread
+0.01%
Diluted vs Basic
YoY Change
-1.52%
year-over-year
Float (Free Float)
260.6M
publicly tradable shares
90.6% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGRdeclining
-1.9%
2022 → 2025
5-Year CAGRdeclining
-1.6%
2020 → 2025
10-Year CAGRdeclining
-2.3%
2015 → 2025

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 292.3M
292.3M
-1.52%
FY 2024
Diluted Shares: 297.8M
296.8M
-1.92%
FY 2023
Diluted Shares: 303.6M
302.6M
-2.26%
FY 2022
Diluted Shares: 310.7M
309.6M
-1.75%
FY 2021
Diluted Shares: 316.4M
315.1M
-0.57%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Industrials sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Industrials sector.

#SymbolCompanyShares (Basic)vs ITW
#1
RTX CorporationRTX
RTX Corporation
1.341B+358.9%
#2
GE AerospaceGE
GE Aerospace
1.067B+265.1%
#3
The Boeing CompanyBA
The Boeing Company
762.3M+160.8%
#4
Union Pacific CorporationUNP
Union Pacific Corporation
592.5M+102.7%
#5
Caterpillar Inc.CAT
Caterpillar Inc.
466.5M+59.6%
#6
Illinois Tool Works Inc.ITW
Illinois Tool Works Inc.YOU
292.3M
#7
Deere & CompanyDE
Deere & Company
270.9M-7.3%

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Illinois Tool Works Inc. (ITW) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, Illinois Tool Works Inc. reports 292.3M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Illinois Tool Works Inc.'s basic shares outstanding (292.3M) represents currently issued shares. Diluted shares outstanding (292.3M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.01%.

Shares Outstanding vs. Float (Free Float)

Illinois Tool Works Inc.'s float is 260.6M (90.6% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float260.6M(90.6%)
Outstanding287.7M

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · USD

About shares outstanding & methodology

Illinois Tool Works Inc. (ITW) shares outstanding history from 2006 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

Illinois Tool Works Inc. shares outstanding for the fiscal year ending December 31, 2025 were 292.3M, a 1.52% decline year-over-year. Illinois Tool Works Inc. FY 2025 shares outstanding were 292.3M, a -1.52% decline from FY 2024.

Illinois Tool Works Inc. is a leading company operating in the Industrials sector. The company's share count trajectory — with a 10-year CAGR of -2.3% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.

Frequently asked questions

ITW shares outstanding · 4 questions

As of December 31, 2025, Illinois Tool Works Inc. (ITW) has approximately 292.3M basic shares outstanding and 292.3M diluted shares outstanding. This represents a -1.52% year-over-year change from FY 2024 (296.8M). Illinois Tool Works Inc.'s declining share count is primarily driven by its share buyback program. For the complete historical data table, see the history table above.

ITW shares outstandinghow many shares does ITW haveITW basic shares 2025ITW diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Illinois Tool Works Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08