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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Illinois Tool Works (ITW) Gross Margin (2016 - 2026)

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

  • For Q4 2025, Gross Margin rose 68.0% year-over-year to 44.2%; the TTM value through Dec 2025 reached 44.1%, down 1294.0%, while the annual FY2025 figure was 44.1%, 18.0% down from the prior year.
  • Gross Margin for Q4 2025 was 44.2% at Illinois Tool Works, down from 44.49% in the prior quarter.
  • Over five years, Gross Margin peaked at 97.06% in Q1 2024 and troughed at 40.16% in Q1 2022.
  • A 5-year average of 45.08% and a median of 42.47% in 2021 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: skyrocketed 5530bps in 2024 and later plummeted -5335bps in 2025.
  • Year by year, Gross Margin stood at 40.45% in 2021, then grew by 3bps to 41.85% in 2022, then increased by 0bps to 41.95% in 2023, then rose by 4bps to 43.51% in 2024, then rose by 2bps to 44.2% in 2025.
  • Business Quant data shows Gross Margin for ITW at 44.2% in Q4 2025, 44.49% in Q3 2025, and 43.97% in Q2 2025.