Illinois Tool Works (ITW) Cost of Revenue (2009 - 2026)
Illinois Tool Works (ITW) posted Cost of Revenue of $2.4 billion for Q2 2026, up 6.52% on a QoQ basis from $2.3 billion in Q1 2026, and up 5.81% year-over-year from $2.3 billion in Q2 2025.
Analysis
Illinois Tool Works (ITW) Cost of Revenue (2009 - 2026) Analysis & Trends
Illinois Tool Works has reported Cost of Revenue for 18 years, with the latest figure at $2.4 billion in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 5.81% year-over-year to $2.4 billion in Q2 2026; TTM through Jun 2026 was $9.2 billion, a 3.52% increase from a year earlier, with the FY2025 full-year figure at $9.0 billion, up 1.25% from the prior year.
- Cost of Revenue was $2.4 billion for Q2 2026 at Illinois Tool Works, up from $2.3 billion in the prior quarter.
- The five-year high for Cost of Revenue was $2.4 billion in Q2 2026, with the low at $2.1 billion in Q1 2024.
- Average Cost of Revenue over 5 years is $2.3 billion, with a median of $2.3 billion recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue rose 15.6% in 2022, then retreated 8.37% in 2024.
- Over 5 years, Cost of Revenue stood at $2.3 billion in 2022, then gained by 0.13% to $2.3 billion in 2023, then declined by 3.94% to $2.2 billion in 2024, then grew by 2.84% to $2.3 billion in 2025, then gained by 5.21% to $2.4 billion in 2026.
- The last three Cost of Revenue figures came in at $2.4 billion (Q2 2026), $2.3 billion (Q1 2026), and $2.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.07 Bn | 81.79 Bn | 2.68 Bn | 3.82 Bn |
| 2 | Illinois Tool Works | 76.39 Bn | 75.56 Bn | 1.90 Bn | 2.40 Bn |
| 3 | Ametek | 55.45 Bn | 54.95 Bn | 735.04 Mn | 1.31 Bn |
| 4 | Rockwell Automation | 47.59 Bn | 47.11 Bn | 1.14 Bn | 1.17 Bn |
| 5 | Mettler Toledo International | 28.05 Bn | 28.00 Bn | 650.22 Mn | 253.28 Mn |
| 6 | Dover | 25.45 Bn | 23.70 Bn | 880.61 Mn | 1.31 Bn |
| 7 | Symbotic | 25.44 Bn | 24.12 Bn | 160.91 Mn | 559.93 Mn |
| 8 | Nordson | 17.52 Bn | 17.40 Bn | 453.73 Mn | 363.94 Mn |
| 9 | Fortive | 16.55 Bn | 16.18 Bn | 695.30 Mn | 401.50 Mn |
| 10 | RBC Bearings | 16.22 Bn | 16.10 Bn | 247.80 Mn | 271.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.40 Bn |
| Mar 31, 2026 | 2.26 Bn |
| Dec 31, 2025 | 2.28 Bn |
| Sep 30, 2025 | 2.25 Bn |
| Jun 30, 2025 | 2.27 Bn |
| Mar 31, 2025 | 2.16 Bn |
| Dec 31, 2024 | 2.22 Bn |
| Sep 30, 2024 | 2.23 Bn |
| Jun 30, 2024 | 2.26 Bn |
| Mar 31, 2024 | 2.15 Bn |
| Dec 31, 2023 | 2.31 Bn |
| Sep 30, 2023 | 2.32 Bn |
| Jun 30, 2023 | 2.34 Bn |
| Mar 31, 2023 | 2.34 Bn |
| Dec 31, 2022 | 2.31 Bn |
| Sep 30, 2022 | 2.37 Bn |
| Jun 30, 2022 | 2.39 Bn |
| Mar 31, 2022 | 2.36 Bn |
| Dec 31, 2021 | 2.19 Bn |
| Sep 30, 2021 | 2.10 Bn |