Growth Metrics

Illinois Tool Works (ITW) Gross Margin (2016 - 2025)

Illinois Tool Works has reported Gross Margin over the past 17 years, most recently at 44.2% for Q4 2025.

  • Quarterly results put Gross Margin at 44.2% for Q4 2025, up 68.0% from a year ago — trailing twelve months through Dec 2025 was 44.1% (down 1294.0% YoY), and the annual figure for FY2025 was 44.1%, down 18.0%.
  • Gross Margin for Q4 2025 was 44.2% at Illinois Tool Works, down from 44.49% in the prior quarter.
  • Over the last five years, Gross Margin for ITW hit a ceiling of 97.06% in Q1 2024 and a floor of 40.16% in Q1 2022.
  • Median Gross Margin over the past 5 years was 42.47% (2021), compared with a mean of 45.08%.
  • Biggest five-year swings in Gross Margin: soared 5530bps in 2024 and later crashed -5335bps in 2025.
  • Illinois Tool Works' Gross Margin stood at 40.45% in 2021, then rose by 3bps to 41.85% in 2022, then grew by 0bps to 41.95% in 2023, then increased by 4bps to 43.51% in 2024, then increased by 2bps to 44.2% in 2025.
  • The last three reported values for Gross Margin were 44.2% (Q4 2025), 44.49% (Q3 2025), and 43.97% (Q2 2025) per Business Quant data.