Illinois Tool Works Inc (ITW) stock
ITWNYSEGeneral Industrial Machinery & EquipmentFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 9/3030% above fair value
$287.52+0.77 (+0.27%)
Close on Nov 13, 2026Market cap $81.71BP/E –Yield 2.13%
Illinois Tool Works r&d expenses
Research and development expenses are spending on new products and technology.
For fiscal 2025 it was $302.00M, up 3.4% from the year before. Over ten years it grew 3.3% a year on average. The highest annual figure on record is $302.00M in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $302.00M | +3.4% |
| FY2024 | Dec 31, 2024 | $292.00M | +2.8% |
| FY2023 | Dec 31, 2023 | $284.00M | +5.6% |
| FY2022 | Dec 31, 2022 | $269.00M | +12.6% |
| FY2021 | Dec 31, 2021 | $239.00M | +11.7% |
| FY2020 | Dec 31, 2020 | $214.00M | -3.2% |
| FY2019 | Dec 31, 2019 | $221.00M | -5.2% |
| FY2018 | Dec 31, 2018 | $233.00M | +3.6% |
| FY2017 | Dec 31, 2017 | $225.00M | +0.9% |
| FY2016 | Dec 31, 2016 | $223.00M | +2.3% |
| FY2015 | Dec 31, 2015 | $218.00M | -4.0% |
| FY2014 | Dec 31, 2014 | $227.00M | -5.4% |
| FY2013 | Dec 31, 2013 | $240.00M | 0.0% |
| FY2012 | Dec 31, 2012 | $240.00M | +8.6% |
| FY2011 | Dec 31, 2011 | $221.00M | +3.8% |
| FY2010 | Dec 31, 2010 | $213.00M | +11.0% |
| FY2009 | Dec 31, 2009 | $191.86M | -9.8% |
| FY2008 | Dec 31, 2008 | $212.66M | – |
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