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Illinois Tool Works Inc (ITW) stock

ITWNYSEGeneral Industrial Machinery & EquipmentFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 28, 2026Score 9/3025% above fair value
$278.55−2.85 (-1.01%)

Close on Oct 30, 2026Market cap $79.33BP/E –Yield 2.19%

Earnings

Illinois Tool Works's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Feb 2, 2027
Q4 FY2026 · estimated, before the open
Revenue, Q3 FY2026
$4.24B
+3.4% on a year earlier
Adjusted EPS, Q3 FY2026
$3.00
$2.81 a year earlier
Latest guidance
Issued
Oct 27, 2026 · 7 items

Quarterly results

Revenue and earnings per share from each of Illinois Tool Works's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q4 FY2026ended Dec 31, 2026Feb 2, 2027Expected–––––
Q3 FY2026ended Sep 30, 2026Oct 27, 2026before the open$4.24B+3.4%$3.00–Release
Q2 FY2026ended Jun 30, 2026Jul 28, 2026before the open$4.30B+4.9%$2.84–Release
Q1 FY2026ended Mar 31, 2026Apr 30, 2026before the open$4.02B+5.8%$2.66–Release
Q4 FY2025ended Dec 31, 2025Feb 3, 2026before the open$4.10B+5.1%$2.72–Release
Q3 FY2025ended Sep 30, 2025Oct 24, 2025before the open$4.10B+2.5%$2.81–Release
Q2 FY2025ended Jun 30, 2025Jul 30, 2025before the open$4.10B+2.5%$2.58–Release
Q1 FY2025ended Mar 31, 2025Apr 30, 2025before the open$3.80B-5.0%$2.38–Release
Q4 FY2024ended Dec 31, 2024Feb 5, 2025before the open$3.90B-2.5%$2.54–Release
Q3 FY2024ended Sep 30, 2024Oct 30, 2024before the open$4.00B0.0%$3.91$2.65Release
Q2 FY2024ended Jun 30, 2024Jul 30, 2024before the open$4.00B-2.4%$2.54–Release
Q1 FY2024ended Mar 31, 2024Apr 30, 2024before the open$4.00B0.0%$2.73$2.44Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Illinois Tool Works's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
organic growthnon-GAAPFY2026+3% – +4%–NewOct 27, 2026
revenue growthFY2026+4.5% – +5.5%–NewOct 27, 2026
revenue growthFY2026+4% – +5%–NewJul 28, 2026
organic growthFY2026+3% – +4%–NewJul 28, 2026
Operating marginFY202626.5% – 27.5%–NewOct 27, 2026
Operating marginFY202626.5% – 27.5%26.5% – 27.5%ReaffirmedJul 28, 2026
GAAP EPSGAAPFY2026$11.45 – $11.55–NewOct 27, 2026
GAAP EPSGAAPFY2026$11.35 – $11.55$11.10 – $11.50RaisedJul 28, 2026
Free cash flownon-GAAPFY2026100%–NewOct 27, 2026
effective tax rateFY202623% – 24%–NewOct 27, 2026
effective tax rateFY202623% – 24%–LoweredApr 30, 2026
projected effective tax rateFY202623% – 24%23.5% – 24.5%ReaffirmedJul 28, 2026
repurchase of its own sharesFY2026$1.50B–NewOct 27, 2026

Guidance vs results

The last range Illinois Tool Works gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
FY2025EPS (GAAP)$10.40 – $10.50$10.49Σ4QWithin range

Guidance history

Every forecast Illinois Tool Works put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Oct 27, 2026GAAP EPSFY2026$11.45 – $11.55New
Oct 27, 2026Free cash flowFY2026100%New
Oct 27, 2026Operating marginFY202626.5% – 27.5%New
Oct 27, 2026repurchase of its own sharesFY2026$1.50BNew
Oct 27, 2026effective tax rateFY202623% – 24%New
Oct 27, 2026organic growthFY2026+3% – +4%New
Oct 27, 2026revenue growthFY2026+4.5% – +5.5%New
Jul 28, 2026organic growthFY2026+3% – +4%New
Jul 28, 2026GAAP EPSFY2026$11.35 – $11.55Raised
Jul 28, 2026Operating marginFY202626.5% – 27.5%Reaffirmed
Jul 28, 2026projected effective tax rateFY202623% – 24%Reaffirmed
Jul 28, 2026revenue growthFY2026+4% – +5%New
Apr 30, 2026GAAP EPS guidanceFY2026$11.10 – $11.50Raised
Apr 30, 2026Operating marginFY202626.5% – 27.5%Reaffirmed
Apr 30, 2026effective tax rateFY202623% – 24%Lowered
Feb 3, 2026GAAP EPSFY2026$11.00 – $11.40New
Feb 3, 2026Operating marginFY202626.5% – 27.5%New
Feb 3, 2026projected effective tax rateFY202623.5% – 24.5%New
Oct 24, 2025GAAP EPSFY2025$10.40 – $10.50Narrowed
Oct 24, 2025Operating marginFY202526% – 27%Reaffirmed

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Illinois Tool Works filed with the SEC as exhibits to Form 8-K or 6-K

  1. ITW Reports Third Quarter 2026 Results
    Results
  2. ITW Reports Second Quarter 2026 Results and
    Results
  3. ITW Reports First Quarter 2026 Results
    Results
  4. ITW Reports Fourth Quarter and Full Year 2025 Results
    Results
  5. ITW Reports Third Quarter 2025 Results
    Results
  6. ITW Reports Second Quarter 2025 Results
    Results
  7. ITW Reports First Quarter 2025 Results
    Results
  8. ITW Reports Fourth Quarter and Full Year 2024 Results
    Results
  9. ITW Reports Third Quarter 2024 Results
    Results
  10. ITW Reports Second Quarter 2024 Results
    Results
  11. ITW Reports First Quarter 2024 Results
    Results
  12. ITW Reports Fourth Quarter and Full Year 2023 Results
    Results
  13. ITW Reports Third Quarter 2023 Results
    Results
  14. ITW Announces CEO Succession Plan
    Update
  15. ITW Reports Second Quarter 2023 Results
    Results