Illinois Tool Works (ITW) Net Income (2009 - 2026)
Illinois Tool Works (ITW) posted quarterly Net Income of $768.0 million for Q1 2026, up 9.71% year-over-year from $700.0 million in Q1 2025, and down 2.78% quarter-over-quarter from $790.0 million in Q4 2025.
Illinois Tool Works (ITW) Net Income (2009 - 2026) Analysis & Trends
Illinois Tool Works' Net Income history runs 17 years deep, the most recent figure standing at $768.0 million for Q1 2026.
- In Q1 2026, Net Income rose 9.71% year-over-year to $768.0 million; the TTM figure through Mar 2026 stood at $3.1 billion (down 6.98% YoY), while the FY2025 annual figure was $3.1 billion, down 12.1% from the prior year.
- Net Income for Q1 2026 stood at $768.0 million, down from $790.0 million in the prior quarter.
- The five-year high for Net Income was $1.2 billion in Q3 2024, with the low at $662.0 million in Q1 2022.
- The 5-year median for Net Income is $755.0 million (2025), against an average of $783.1 million.
- The sharpest annual moves came in 2024 and 2025: Net Income soared 50.26% in 2024, then fell 29.22% in 2025.
- Illinois Tool Works' Net Income stood at $907.0 million in 2022, then fell by 20.95% to $717.0 million in 2023, then climbed by 4.6% to $750.0 million in 2024, then increased by 5.33% to $790.0 million in 2025, then retreated by 2.78% to $768.0 million in 2026.
- Business Quant data shows ITW's Net Income at $768.0 million in Q1 2026, $790.0 million in Q4 2025, and $821.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 649.00 Mn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 823.00 Mn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 904.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 718.00 Mn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 968.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 815.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 406.90 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 408.00 Mn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 258.00 Mn |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | 449.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 815.00 Mn |
| Mar 31, 2026 | 768.00 Mn |
| Dec 31, 2025 | 790.00 Mn |
| Sep 30, 2025 | 821.00 Mn |
| Jun 30, 2025 | 755.00 Mn |
| Mar 31, 2025 | 700.00 Mn |
| Dec 31, 2024 | 750.00 Mn |
| Sep 30, 2024 | 1.16 Bn |
| Jun 30, 2024 | 759.00 Mn |
| Mar 31, 2024 | 819.00 Mn |
| Dec 31, 2023 | 717.00 Mn |
| Sep 30, 2023 | 772.00 Mn |
| Jun 30, 2023 | 754.00 Mn |
| Mar 31, 2023 | 714.00 Mn |
| Dec 31, 2022 | 907.00 Mn |
| Sep 30, 2022 | 727.00 Mn |
| Jun 30, 2022 | 738.00 Mn |
| Mar 31, 2022 | 662.00 Mn |
| Dec 31, 2021 | 609.00 Mn |
| Sep 30, 2021 | 639.00 Mn |