Illinois Tool Works (ITW) Net Income (2009 - 2026)
Illinois Tool Works (ITW) recorded quarterly Net Income of $768.0 million in Q1 2026, down 2.78% quarter-over-quarter from $790.0 million in Q4 2025, and up 9.71% on a YoY basis from $700.0 million in Q1 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 was $768.0 million for Q1 2026 at Illinois Tool Works, down from $790.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $1.2 billion in Q3 2024 to a low of $662.0 million in Q1 2022.
- Historically, Net Income has averaged $783.1 million across 5 years, with a median of $755.0 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Income jumped 50.26% in 2024, then retreated 29.22% in 2025.
- A 5-year view of Net Income shows it 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.
- The last three Net Income figures came in at $768.0 million (Q1 2026), $790.0 million (Q4 2025), and $821.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 4.75 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 867.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 904.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 680.00 Mn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 618.00 Mn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 768.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 399.36 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 351.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | -316,000.00 |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 193.80 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 |