Illinois Tool Works (ITW) Net Income (2009 - 2026)
Illinois Tool Works' (ITW) quarterly Net Income came in at $768.0 million in Q1 2026, up 9.71% year-on-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.
- On a quarterly basis, Net Income rose 9.71% year-over-year to $768.0 million in Q1 2026; TTM through Mar 2026 was $3.1 billion, a 6.98% decrease from a year earlier, with the FY2025 full-year figure at $3.1 billion, down 12.1% from the prior year.
- Net Income retreated to $768.0 million in Q1 2026 per ITW's latest filing, from $790.0 million in the prior quarter.
- Across five years, Net Income topped out at $1.2 billion in Q3 2024 and bottomed 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.
- Across the five-year window, Net Income soared 50.26% in 2024 and slipped 29.22% in 2025, its largest moves.
- Year by year, Net Income stood at $907.0 million in 2022, then retreated by 20.95% to $717.0 million in 2023, then grew by 4.6% to $750.0 million in 2024, then rose by 5.33% to $790.0 million in 2025, then decreased by 2.78% to $768.0 million in 2026.
- Per Business Quant, the three latest ITW Net Income figures stand at $768.0 million (Q1 2026), $790.0 million (Q4 2025), and $821.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 649.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 867.00 Mn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 904.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 680.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 618.00 Mn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 768.00 Mn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 399.36 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 351.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 193.80 Mn |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 189.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 775.00 Mn |