Illinois Tool Works (ITW) FCF Margin (2009 - 2026)
Illinois Tool Works' FCF Margin was 14.67% in Q2 2026, up 3.59 percentage points from 11.08% a year earlier and up 1.52 percentage points from the prior quarter.
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Analysis
Illinois Tool Works (ITW) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Illinois Tool Works' FCF Margin was 17.74% through Jun 30, 2026, up 0.48 percentage points year-over-year; for FY2025, it was 16.87%, down 1.02 percentage points from FY2024.
- FCF Margin shows a five-year change of -3.57 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 17.89% in FY2024 (-1.26 pp), 19.15% in FY2023 (+7.00 pp), 12.15% in FY2022 (-3.49 pp) and 15.64% in FY2021 (-4.81 pp).
- Quarterly FCF Margin has moved between 6.32% (Q1 2022) and 25.33% (Q4 2024) over five years.
- Compared with a year earlier, FCF Margin was higher in five of the last eight quarters, with an average year-over-year change of +0.05 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q1 2023 (a gain of 8.98 percentage points); the worst was Q1 2022 (a drop of 8.94 percentage points).
- Per Business Quant data, ITW's FCF Margin in the three quarters before Q2 2026 was 13.15% (Q1 2026), 20.96% (Q4 2025) and 22.27% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | 18.42% |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | 13.72% |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | 12.45% |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 10.24% |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 27.16% |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 28.30% |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | 27.13% |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | 11.74% |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 14.67% |
| 10 | Cummins | 71.19 Bn | 68.32 Bn | 2.47 Bn | 13.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.67% |
| Mar 31, 2026 | 13.15% |
| Dec 31, 2025 | 20.96% |
| Sep 30, 2025 | 22.27% |
| Jun 30, 2025 | 11.08% |
| Mar 31, 2025 | 12.92% |
| Dec 31, 2024 | 25.33% |
| Sep 30, 2024 | 19.74% |
| Jun 30, 2024 | 14.18% |
| Mar 31, 2024 | 12.43% |
| Dec 31, 2023 | 22.80% |
| Sep 30, 2023 | 21.24% |
| Jun 30, 2023 | 17.30% |
| Mar 31, 2023 | 15.30% |
| Dec 31, 2022 | 16.49% |
| Sep 30, 2022 | 15.26% |
| Jun 30, 2022 | 10.47% |
| Mar 31, 2022 | 6.32% |
| Dec 31, 2021 | 18.89% |
| Sep 30, 2021 | 15.41% |
API Access
Illinois Tool Works FCF 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=fcf-margin&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();