Illinois Tool Works (ITW) EBIT Margin (2009 - 2026)
Illinois Tool Works (ITW) reported EBIT Margin of 26.67% for Q2 2026, up 0.32 percentage points from 26.35% a year earlier and up 1.27 percentage points from the prior quarter.
Illinois Tool Works (ITW) EBIT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Illinois Tool Works' EBIT Margin came in at 26.50%, up 0.52 percentage points year-over-year; for FY2025, it was 26.28%, down 0.54 percentage points from FY2024.
- EBIT Margin has a five-year change of +3.36 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 26.82% in FY2024 (+1.74 pp), 25.08% in FY2023 (+1.29 pp), 23.79% in FY2022 (-0.27 pp) and 24.05% in FY2021 (+1.13 pp).
- Five-year quarterly EBIT Margin spans a low of 22.67% in Q4 2021 and a high of 28.37% in Q1 2024.
- Year over year, EBIT Margin has now increased in each of the last five quarters, with an average year-over-year change of +0.01 percentage points over the last eight quarters.
- The high point for year-over-year EBIT Margin in five years was Q1 2024 (a gain of 4.18 percentage points); the low point was Q1 2025 (a drop of 3.59 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 25.40% (Q1 2026), 26.51% (Q4 2025) and 27.40% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 20.38% |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 29.53% |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 17.76% |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 19.96% |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 23.66% |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 26.92% |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 27.79% |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 22.81% |
| 10 | TE Connectivity | 63.95 Bn | 59.09 Bn | 1.84 Bn | 19.01% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.79% |
| Jun 30, 2026 | 26.67% |
| Mar 31, 2026 | 25.40% |
| Dec 31, 2025 | 26.51% |
| Sep 30, 2025 | 27.40% |
| Jun 30, 2025 | 26.35% |
| Mar 31, 2025 | 24.77% |
| Dec 31, 2024 | 26.22% |
| Sep 30, 2024 | 26.53% |
| Jun 30, 2024 | 26.17% |
| Mar 31, 2024 | 28.37% |
| Dec 31, 2023 | 24.81% |
| Sep 30, 2023 | 26.54% |
| Jun 30, 2023 | 24.79% |
| Mar 31, 2023 | 24.19% |
| Dec 31, 2022 | 24.83% |
| Sep 30, 2022 | 24.51% |
| Jun 30, 2022 | 23.09% |
| Mar 31, 2022 | 22.72% |
| Dec 31, 2021 | 22.67% |
Illinois Tool Works EBIT Margin 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=ebit-margin&ticker=ITW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();