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

Illinois Tool Works Inc.

ITWNYSEIndustrials● Active
$253.13
+$0.41(+0.16%)
Market Cap$72.8B
P/E Ratio
52W High$303.16
52W Low$238.82
Overview

Illinois Tool Works Inc. (ITW) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

ITW · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $3.07B for FY2025 (fiscal year ending 2025-12-31), down 12.1% year-over-year. Net profit margin was 19.1%. Based on available data, Illinois Tool Works Inc. has been profitable since at least 2011.

FY2025 Net Income$3.07B▼ -12.1% YoY
Trailing 12M (TTM)$3.13Btrailing 4 quarters sum
Net Profit Margin19.1%$3.07B ÷ $16.04B
YoY Change-12.1%
5-Year CAGR+7.8%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · ITW net income history · ITW profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$3.07B▼ 12.1%19.1%
FY2024$3.49B▲ +18.0%21.9%
FY2023$2.96B▼ 2.5%18.4%
FY2022$3.03B▲ +12.6%19.0%
FY2021$2.69B▲ +27.7%18.6%

Net income vs peers (Industrials)

#CompanyNet IncomeYoY
#1
Illinois Tool Works Inc.
Illinois Tool Works Inc.YOU
ITW
$3.07B-12.1%
#2
Caterpillar Inc.
Caterpillar Inc.
CAT
$8.87B-17.8%
#3
GE Aerospace
GE Aerospace
GE
$8.70B+32.8%
#4
Union Pacific Corporation
Union Pacific Corporation
UNP
$7.14B+5.8%
#5
RTX Corporation
RTX Corporation
RTX
$6.73B+41.0%
#6
The Boeing Company
The Boeing Company
BA
$2.23B+118.9%
Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Illinois Tool Works Inc. (ITW) reported net income of $3.07B for FY2025 (fiscal year ending 2025-12-31), down 12.1% year-over-year. The net profit margin was 19.1% — meaning the company kept $0.19 of every dollar of revenue as profit.

Based on available data, Illinois Tool Works Inc. has been profitable since at least 2011. Net income reached a peak of $3.49B in FY2024. Data available for 15 fiscal years.

Illinois Tool Works Inc.'s net profit margin was 19.1% for FY2025, based on the latest annual results.

Investors sometimes search for "Illinois Tool Works Inc. net worth" — the company's market capitalization is a separate figure from ITW net income. Data sourced from FMP /income-statement · US GAAP · USD.

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

Frequently asked questions

ITW net income · 5 questions

Illinois Tool Works Inc. is profitable. The company reported net income of $3.07B for FY2025, a net profit margin of 19.1%. Net income was down 12.1% year-over-year. Based on available data, Illinois Tool Works Inc. has been profitable since at least 2011.

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Source: FMP /income-statement · GAAP · Illinois Tool Works Inc. · Illinois Tool Works Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026