ITW Earnings Reports

Illinois Tool Works delivered a strong Q3 2025, with record operating margin of 27.4%, EPS of $2.81, and free cash flow conversion of 110%. Revenue reached $4.1 billion with 1% organic growth, and the company repurchased $375 million of its own shares.

Illinois Tool Works posted record Q2 EPS and operating income, with revenue up slightly year-over-year. Enterprise initiatives significantly contributed to margin expansion, and the company raised its full-year guidance.

Illinois Tool Works delivered $3.8B in revenue and $2.38 EPS in Q1 2025, with strong net income despite a modest revenue decline. The company maintained its full-year guidance, citing successful pricing strategies to counteract tariffs.

ITW reported Q4 2024 results, with revenue of $3.9 billion, a decrease of 1.3%. GAAP EPS increased by 7% to $2.54. The company achieved a record operating margin of 26.2% and generated $1 billion in free cash flow, a 10% increase. ITW initiates 2025 guidance including GAAP EPS in the range of $10.15 to $10.55 per share.

ITW reported third quarter revenue of $4.0 billion, a decrease of 2% with organic growth declining 1%. GAAP EPS was $3.91, including a divestiture gain of $1.26; ex-gain EPS was $2.65, an increase of 4%. The company is raising full year GAAP EPS guidance by $1.33 to a range of $11.63 to $11.73 per share.

ITW reported a slight decrease in revenue but an increase in operating income and EPS. The company is narrowing its full-year GAAP EPS guidance.

ITW reported first quarter revenue of $4.0 billion, a slight decrease from the previous year. However, operating income increased by 16% to $1.13 billion, and GAAP EPS rose by 17% to $2.73. Excluding a one-time LIFO accounting change, operating income grew by 4%, and EPS increased by 5% to $2.44. The company reaffirmed its full-year organic growth guidance and raised its full-year GAAP EPS guidance.

ITW reported fourth-quarter revenue of $4.0 billion, essentially flat year-over-year, with operating income reaching a record $988 million. GAAP EPS was $2.38, including a negative impact from Argentina's currency devaluation. The company's operating margin was 24.8%, boosted by enterprise initiatives.

ITW reported a revenue of $4.0 billion, a 0.5% increase, and an operating income of $1.1 billion, a 9% increase. The company's GAAP EPS increased by 9% to $2.55. The operating margin expanded by 200 basis points year over year to 26.5 percent, and free cash flow grew 40 percent.

ITW reported a 2% increase in revenue to $4.1 billion with 3% organic growth. Operating income grew by 9% to a record $1.01 billion, and operating margin improved by 170 bps to 24.8%. GAAP EPS increased by 5% to a record $2.48, and the company raised its full-year GAAP EPS guidance by $0.10 to a range of $9.55 to $9.95 per share.

ITW reported a solid start to the year with a 5% organic growth, operating margin expansion of 150 basis points, strong free cash flow, and double-digit EPS growth. The company is raising its full-year GAAP EPS guidance by $0.05 to a range of $9.45 to $9.85 per share.

ITW's Q4 2022 saw revenue increase by 8% to $4.0 billion, with organic growth of 12%. Operating income rose by 18% to $986 million, resulting in an operating margin of 24.8%. GAAP EPS reached a record $2.95, including $0.61 from divestiture gains, while EPS excluding these gains was $2.34, a 21% increase.

ITW reported a strong third quarter with a 13% increase in revenue, driven by 16% organic growth. EPS increased by 16% to $2.35, and operating income reached a record $983 million, up 16%. The company is raising full-year GAAP EPS and organic revenue growth guidance.

ITW reported a 9% increase in revenue to $4.0 billion, driven by 10% organic growth. GAAP EPS was $2.37, and the company maintained its full-year guidance, including organic revenue growth of 7% to 10% and record GAAP EPS of $9.00 to $9.40 per share.

ITW reported a strong first quarter in 2022, with revenue up 11.2% to $3.9 billion and organic growth of 10.6%. GAAP EPS was $2.11, and the company is raising its full-year guidance for organic growth and GAAP EPS.

ITW reported an 8% increase in total revenue to $3.6 billion, with 6% organic growth. EPS increased by 10% to $2.02. The company saw strong growth momentum in six of its seven segments, while the Automotive OEM segment was impacted by supply chain challenges.

ITW reported a strong second quarter with significant growth in revenue and earnings. The company saw continued improvement in the recovery, with organic revenue growth at the segment level ranging from 17 to 84 percent. Despite rising raw material costs and supply chain challenges, ITW delivered 43 percent revenue growth and 143 percent earnings growth.

ITW reported a strong first quarter in 2021, with a 10% increase in total revenue to $3.5 billion and a 19% increase in GAAP EPS to $2.11. The company also raised its full year GAAP EPS guidance by $0.60 to a range of $8.20 to $8.60 per share.

ITW reported a 0.2% increase in fourth-quarter revenue to $3.5 billion, with a 7% increase in operating income to $883 million. The operating margin was a record 25.4%, and GAAP EPS increased by 2% to $2.02. The company provided 2021 guidance, including EPS growth of 18% at the mid-point.

ITW's third-quarter revenue was $3.3 billion, a 4.9% decrease compared to the prior year. GAAP earnings per share was $1.83. Free cash flow was $631 million, representing 108% of net income.

ITW reported a 29% decline in revenue, but managed to deliver $449 million in operating income and $681 million in free cash flow. The company's decentralized structure and flexible cost structure allowed it to reduce operating expenses by over $140 million.

ITW reported a decrease in first-quarter revenue by 9.1 percent, with organic revenue down 6.6 percent. GAAP EPS decreased by 2 percent to $1.77. The company suspended its annual guidance for 2020 due to uncertainties related to the COVID-19 pandemic.

ITW's Q4 2019 GAAP EPS increased by 9% to $1.99, including $0.11 of divestiture gains. The company's revenue declined by 3.1%, with organic revenue down 1.6%. Despite these challenges, ITW's operating margin was 23.7%, and free cash flow conversion rate was 114%.