Illinois Tool Works (ITW) Net Income (2009 - 2026)
Illinois Tool Works (ITW) reported Net Income of $855 million for Q3 2026, up 4.1% from $821 million a year earlier and up 4.9% from the prior quarter.
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Analysis
Illinois Tool Works (ITW) Net Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Illinois Tool Works' Net Income came in at $3.23 billion, up 6.7% year-over-year; for FY2025, it came in at $3.07 billion, down 12.1% from FY2024.
- Net Income has a five-year compound annual growth rate of 7.8% (FY2020 to FY2025).
- By year, Net Income came in at $3.49 billion in FY2024 (+18.0%), $2.96 billion in FY2023 (-2.5%), $3.03 billion in FY2022 (+12.6%) and $2.69 billion in FY2021 (+27.7%).
- The Q3 2026 figure ranks as the highest quarterly Net Income since Q3 2024.
- Year over year, Net Income has now increased in each of the last four quarters, with an average decline of 1.6% over the last eight quarters.
- The high point for year-over-year Net Income in five years was Q3 2024 (growth of 50.3%); the low point was Q3 2025 (a decline of 29.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $815 million (Q2 2026), $768 million (Q1 2026) and $790 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 3.29 Bn |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 2.05 Bn |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 1.38 Bn |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 1.08 Bn |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 884.00 Mn |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 1.41 Bn |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 718.00 Mn |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 855.00 Mn |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 764.50 Mn |
| 10 | TE Connectivity | 63.95 Bn | 59.09 Bn | 1.84 Bn | 748.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 855.00 Mn |
| 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 |
API Access
Illinois Tool Works Net Income 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=net-income&ticker=ITW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=ITW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();