Illinois Tool Works (ITW) Consolidated Net Income (2009 - 2026)
Illinois Tool Works' Consolidated Net Income came in at $815 million for Q2 2026, up 7.9% from $755 million a year earlier and up 6.1% from the prior quarter.
Illinois Tool Works (ITW) Consolidated Net Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Illinois Tool Works reported Consolidated Net Income of $3.19 billion, down 5.1% year-over-year; for FY2025, it was $3.07 billion, down 12.1% from FY2024.
- Consolidated Net Income carries a five-year compound annual growth rate of 7.8% (FY2020 to FY2025).
- Going back by year, Consolidated Net Income was $3.49 billion in FY2024 (+18.0%), $2.96 billion in FY2023 (-2.5%), $3.03 billion in FY2022 (+12.6%) and $2.69 billion in FY2021 (+27.7%).
- The five-year range for quarterly Consolidated Net Income is $609 million (Q4 2021) to $1.16 billion (Q3 2024).
- Year-over-year, Consolidated Net Income has increased for three consecutive quarters, with growth averaging 4.2% over the last eight quarters.
- The fastest year-over-year change in Consolidated Net Income over five years came in Q3 2024 (growth of 50.3%), and the weakest in Q3 2025 (a decline of 29.2%).
- Business Quant data shows ITW's Consolidated Net Income at $768 million (Q1 2026), $790 million (Q4 2025) and $821 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 3.59 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 1.78 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 1.38 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 823.00 Mn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 1.09 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 497.80 Mn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 718.00 Mn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 938.00 Mn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 815.00 Mn |
| 10 | Cummins | 72.76 Bn | 69.90 Bn | 2.47 Bn | 968.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 815.00 Mn |
| Mar 31, 2026 | 768.00 Mn |
| Dec 31, 2025 | 790.00 Mn |
| Sep 30, 2025 | 821.00 Mn |
| Jun 30, 2025 | 755.00 Mn |
| Mar 31, 2025 | 700.00 Mn |
| Dec 31, 2024 | 750.00 Mn |
| Sep 30, 2024 | 1.16 Bn |
| Jun 30, 2024 | 759.00 Mn |
| Mar 31, 2024 | 819.00 Mn |
| Dec 31, 2023 | 717.00 Mn |
| Sep 30, 2023 | 772.00 Mn |
| Jun 30, 2023 | 754.00 Mn |
| Mar 31, 2023 | 714.00 Mn |
| Dec 31, 2022 | 907.00 Mn |
| Sep 30, 2022 | 727.00 Mn |
| Jun 30, 2022 | 738.00 Mn |
| Mar 31, 2022 | 662.00 Mn |
| Dec 31, 2021 | 609.00 Mn |
| Sep 30, 2021 | 639.00 Mn |
Illinois Tool Works Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=ITW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "ITW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();